TechNavio today launched its report Industrial Casting Market in the US 2011-2015 based on an in-depth market analysis focusing exclusively on the US. The report aims to aid decision makers’ understanding of the present and future landscape of the market.
Commenting on the report, an analyst from TechNavio’s Engineering team said: ”One of the major trends is the steady replacement of ferrous castings with non-ferrous castings that enables the development of lightweight products and components. Therefore, the future of the Industrial Casting market in the US looks promising with many innovative and more efficient products being introduced by industrial casting vendors.”
According to the report, one of the main drivers is the steady recovery of the Manufacturing sector in the US. This steady recovery of several Manufacturing sectors such as Automotive, Aerospace, and Machinery, in turn paves way for the increased demand for casting products.
Further, the report discusses that the one of the main challenges in the market is the high cost of raw materials.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/content/industrial-casting-market-us-2011-2015
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic market research reports on niche and emerging technologies. For more information on our Engineering market research, please visit https://www.technavio.com/engineering-software
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TechNavio Announces the Publication of its Research Report – Industrial Casting Market in the US 2011-2015
