Global investment casting market to grow at a CAGR of 4.32% during the period 2017-2021.
The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
The latest trend gaining momentum in the market is optimization of casting process through stimulations. Amongst the gamut of manufacturing processes, casting is an energy intensive process. This is primarily beause of the high temperature required for the efficient melting of metals. Additionally, the entire process flow of casting is just not limited to melting, and it also includes making the component ready for fitment.
According to the report, one of the major drivers for this market is decentralized power generation. Power generation systems are focusing on integrated networks, due to which there is an increase in the dependence on distributed power generation systems. Growing power distribution systems are extensively demanding for gas turbines, as they are steadily added to meet growing energy needs.
Further, the report states that foundries must overcome the challenge of high energy cost as the energy consumption at every stage is tremendous. Members in the precision casting market are collaborating to innovate advanced casting technologies using simulations, that will reduce shop-floor time and increase the casting yield.
- Berkshire Hathaway (Precision Castparts)
Other Prominent Vendors
- Milwaukee Precision Casting
- MetalTek International
- RLM Industries
- Dongying Giayoung Precision Metal
- Dongying Changrui Precision Investment Casting
- Dongfeng Motor Parts & Components
- Taizhou JinDing Precision Casting
- PI Casting
- prvni brnenska strojirna velka bites
Key Topics Covered
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market Landscape
Part 06: Market Sizing
Part 07: Five Forces Analysis
Part 08: Market Segmentation by Application
Part 09: Customer Landscape
Part 10: Regional Landscape
Part 11: Decision Framework
Part 12: Drivers and Challenges
Part 13: Market Trends
Part 14: Vendor Landscape
Part 15: Vendor Analysis
For more information about this report visit https://www.researchandmarkets.com/research/pnq7w5/global_investment?w=4