Market Overview:
The global precision casting parts market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for precision casting parts from various end-use industries, such as retailing, catering, entertainment, and others. In addition, the growing demand for mini cash registers across different regions is also propelling the growth of the global precision casting parts market.
Product Definition:
Precision casting parts are high-quality, durable metal parts that are used in a variety of industries. These parts are made using a process called precision casting, which involves pouring molten metal into a mold and then allowing it to cool. The end result is a part that is extremely accurate and consistent in size and shape. Precision casting parts are important because they can be used in applications where high quality and durability are essential.
Mobile-based OS:
Precision casting parts are manufactured using high-precision machines and equipment. The growth of the industry is directly proportional to the demand for smartphones, tablets, and other mobile devices. These devices have a variety of applications in precision casting parts manufacturing industries such as CAD/CAM software application, jigs & fixtures designing among others which help in reducing production time along with minimizing errors during the process.
Windows-based OS:
A windows-based operating system is an OS used for a computer program to run on the Microsoft Windows. It is also known as Microsoft Windows or Win32. The parts of precision casting are made with high accuracy and tolerance by using machines that have software control systems such as CNC (computer numerical control) machine tools. These machines use a windows-based operating system to perform operations such as cutting, drilling, grinding, machining etc.
Application Insights:
The entertainment segment dominated the global precision casting parts market in terms of revenue share in 2017. The growth can be attributed to the rising demand for customized products from various industries such as construction, automotive, medical and electronics among others. Moreover, technological advancements have also paved new avenues for product manufacturers to tap into emerging markets across the globe. For instance, companies are now able to offer a personalized experience with their customers by using advanced technologies such as augmented reality and virtual reality which further drives industry growth.
The retailing segment is expected to witness significant growth over the forecast period owing to increasing consumer disposable income levels coupled with rising shopping trends including e-commerce has resulted in increased sales at stores globally.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to continue its dominance over the forecast period owing to increasing demand from end-use industries, such as manufacturing, automotive and construction. In addition, rising disposable income levels coupled with expanding middle-class population groups in countries like China and India are anticipated to fuel product demand over the next eight years.
North America accounted for a significant share of revenue in 2017 on account of high investments made by precision casting manufacturers for R&D activities pertaining to metal casting technology along with growing application scope across various end-use industries including retailing, catering and entertainment. Moreover, presence of key players operating within North America is also likely boost regional growth through 2030 due to increased competition between companies that operate within it as well as outside it (i.e., Asia Pacific).
Europe was another major contributor towards market growth owing mainly to rapid industrialization taking place across member states such as Germany.
Growth Factors:
- Increasing demand for lightweight and high-strength components in automotive and aerospace industries
- Growing popularity of 3D printing technology for manufacturing precision casting parts
- Rising demand from emerging economies such as China and India
- Proliferation of the internet of things (IoT) and increasing adoption of precision casting parts in IoT-enabled devices
- Technological advancements that enable higher accuracy and efficiency in the production of precision casting parts
Scope Of The Report
Report Attributes
Report Details
Report Title
Precision Casting Parts Market Research Report
By Type
Mobile-based OS, Windows-based OS, Wireless Mini Cash Register
By Application
Retailing, Catering, Entertainment, Other
By Companies
Toshiba, NCR, Diebold Nixdorf, HP, Posiflex, Flytech, Firich Enterprises, Partner, Fujitsu, Hisense, Zonerich
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
227
Number of Tables & Figures
159
Customization Available
Yes, the report can be customized as per your need.
Global Precision Casting Parts Market Report Segments:
The global Precision Casting Parts market is segmented on the basis of:
Types
Mobile-based OS, Windows-based OS, Wireless Mini Cash Register
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Retailing, Catering, Entertainment, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Toshiba
- NCR
- Diebold Nixdorf
- HP
- Posiflex
- Flytech
- Firich Enterprises
- Partner
- Fujitsu
- Hisense
- Zonerich
Highlights of The Precision Casting Parts Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Mobile-based OS
- Windows-based OS
- Wireless Mini Cash Register
- By Application:
- Retailing
- Catering
- Entertainment
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Precision Casting Parts Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Precision Casting Parts is a company that specializes in the manufacturing of precision casting parts. These parts are used in a variety of industries, including automotive, aerospace, and medical. Precision Casting Parts offers customers a wide range of customization options for their products, as well as quick turnaround times.
Some of the major companies in the precision casting parts market are Toshiba, NCR, Diebold Nixdorf, HP, Posiflex, Flytech, Firich Enterprises, Partner, Fujitsu, Hisense, Zonerich.
The precision casting parts market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Precision Casting Parts Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Precision Casting Parts Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Precision Casting Parts Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Precision Casting Parts Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Precision Casting Parts Market Size & Forecast, 2020-2028
4.5.1 Precision Casting Parts Market Size and Y-o-Y Growth
4.5.2 Precision Casting Parts Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Mobile-based OS
5.2.2 Windows-based OS
5.2.3 Wireless Mini Cash Register
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Retailing
6.2.2 Catering
6.2.3 Entertainment
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Precision Casting Parts Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Precision Casting Parts Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Mobile-based OS
9.6.2 Windows-based OS
9.6.3 Wireless Mini Cash Register
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Retailing
9.10.2 Catering
9.10.3 Entertainment
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Mobile-based OS
10.6.2 Windows-based OS
10.6.3 Wireless Mini Cash Register
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Retailing
10.10.2 Catering
10.10.3 Entertainment
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Mobile-based OS
11.6.2 Windows-based OS
11.6.3 Wireless Mini Cash Register
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Retailing
11.10.2 Catering
11.10.3 Entertainment
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Mobile-based OS
12.6.2 Windows-based OS
12.6.3 Wireless Mini Cash Register
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Retailing
12.10.2 Catering
12.10.3 Entertainment
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Mobile-based OS
13.6.2 Windows-based OS
13.6.3 Wireless Mini Cash Register
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Retailing
13.10.2 Catering
13.10.3 Entertainment
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Precision Casting Parts Market: Competitive Dashboard
14.2 Global Precision Casting Parts Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Toshiba
14.3.2 NCR
14.3.3 Diebold Nixdorf
14.3.4 HP
14.3.5 Posiflex
14.3.6 Flytech
14.3.7 Firich Enterprises
14.3.8 Partner
14.3.9 Fujitsu
14.3.10 Hisense
14.3.11 Zonerich
