According to the recent study the global invar tooling market is projected to reach an estimated $945 million by 2030 from $627 million in 2023 at a CAGR of 6% from 2023 to 2030. Growth in this market is primarily driven by increasing penetration of composite materials in the aerospace industry. Emergence of high temperature molding processes like autoclave is expected to further boost the market.
Browse 55 figures/charts
and 42 tables in this 100-page report to understand trends, opportunities and
forecast in global invar tooling market by application (transportation, marine,
wind energy, aerospace, construction and others) and region (North America,
Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that
aerospace will remain the largest end use segment and it is also expected to
witness the highest growth over the forecast period.
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invar tooling market.
North America is
expected to remain the largest region over the forecast period due to growth in
end use applications and due to a wider acceptance of invar tooling in product
manufacturing and mass customization. APAC is expected to witness the highest
growth over the forecast period.
Ascent Tooling Group,
Janicki Industries, Kaman Corporation, Aperam Alloys Imphy Alloys, Carpenter
Technologies, Loiretech, Waukesha Foundry Inc. are the major supplier in the invar
tooling market.
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Lucintel
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Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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