South Korea Investment Casting Market Size & Outlook
Global Market
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South Korea investment casting market highlights
- The South Korea investment casting market generated a revenue of USD 332.1 million in 2025 and is expected to reach USD 482.8 million by 2033.
- The South Korea market is expected to grow at a CAGR of 4.7% from 2026 to 2033.
- In terms of segment, automotive was the largest revenue generating application in 2025.
- Aerospace & Defense is the most lucrative application segment registering the fastest growth during the forecast period.
Investment casting market data book summary
| Market revenue in 2025 | USD 332.1 million |
| Market revenue in 2033 | USD 482.8 million |
| Growth rate | 4.7% (CAGR from 2026 to 2033) |
| Largest segment | Automotive |
| Fastest growing segment | Aerospace & Defense |
| Historical data | 2021 - 2024 |
| Base year | 2025 |
| Forecast period | 2026 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Aerospace & Defense, Automotive, Oil & Gas, Medical, Mechanical Engineering, Automation, Transportation |
| Key market players worldwide | Arconic, Hitachi Ltd, Eltek Ltd, Signet Jewelers Ltd, Berkshire Hathaway Inc Class A |
Other key industry trends
- In terms of revenue, South Korea accounted for 1.9% of the global investment casting market in 2025.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
- In Asia Pacific, China investment casting market is projected to lead the regional market in terms of revenue in 2033.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,111.1 million by 2033.
The rebound has mainly been fueled by the strong global demand, particularly for electronics, ships, and automobiles. In addition, an increase in planned government spending is also expected to boost the domestic demand for the aforementioned products, which, in turn, is likely to favor the growth of manufacturing sector.
Manufacturing sector is the primary growth driver for South Korea and the most significant industries in the country include electronics, automobile, telecommunication, and shipbuilding. South Korea is a major player in the global shipbuilding market accounted for over 30% share in the global ship production.
Four of the world’s largest shipbuilding companies are from South Korea, namely Samsung Heavy Industries, Hyundai Heavy Industries, STX Offshore & Shipbuilding, and Daewoo Shipbuilding & Marine Engineering.
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Publish Date: Mar 05, 2026
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Investment Casting Market Scope
Investment Casting Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Hitachi Ltd | View profile | 322,525 | 6-6, Marunouchi 1-chome, Chiyoda-ku, Tokyo, Japan, 100-8280 | www.hitachi.com |
| Arconic | View profile | 10001+ | Pittsburgh, Pennsylvania, United States, North America | www.arconic.com |
| Berkshire Hathaway Inc Class A | View profile | 396,500 | 3555 Farnam Street, Omaha, NE, United States, 68131 | www.berkshirehathaway.com |
| Signet Jewelers Ltd | View profile | 27,991 | 2 Church Street, Clarendon House, Hamilton, Bermuda, HM11 | www.signetjewelers.com |
| Alcoa Corp | View profile | 13,600 | 201 Isabella Street, Suite 500, Pittsburgh, PA, United States, 15212-5858 | www.alcoa.com |
| Eltek Ltd | View profile | 333 | 20 Ben Zion Gelis Street, Sgoola Industrial Zone, Petach Tikva, Israel, 4927920 | www.nisteceltek.com |
| Precision Castparts | View profile | 10001+ | Portland, Oregon, United States, North America | precast.com |
| Cirex | View profile | 251-500 | Almeloo, Overijssel, The Netherlands, Europe | cirex.nl/ |
| MetalTek International | View profile | 1001-5000 | Waukesha, Wisconsin, United States, North America | www.metaltek.com/ |
| Milwaukee Precision Casting | View profile | 51-100 | Milwaukee, Wisconsin, United States, North America | www.milwaukeeprec.com/ |
South Korea Investment Casting Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Investment Casting Market Outlook will help companies and investors design strategic landscapes.
Automotive was the largest segment with a revenue share of 47.18% in 2025.
Horizon Databook has segmented the South Korea investment casting market based on aerospace & defense, automotive, oil & gas, medical, mechanical engineering, automation, transportation covering the revenue growth of each sub-segment from 2021 to 2033.
The rebound has mainly been fueled by the strong global demand, particularly for electronics, ships, and automobiles. In addition, an increase in planned government spending is also expected to boost the domestic demand for the aforementioned products, which, in turn, is likely to favor the growth of manufacturing sector.
Manufacturing sector is the primary growth driver for South Korea and the most significant industries in the country include electronics, automobile, telecommunication, and shipbuilding. South Korea is a major player in the global shipbuilding market accounted for over 30% share in the global ship production.
Four of the world’s largest shipbuilding companies are from South Korea, namely Samsung Heavy Industries, Hyundai Heavy Industries, STX Offshore & Shipbuilding, and Daewoo Shipbuilding & Marine Engineering.
- South Korea Investment Casting Market Application Outlook (Revenue, USD Million , 2021-2033)
- Aerospace & Defense
- Automotive
- Oil & Gas
- Medical
- Mechanical Engineering
- Automation
- Transportation
- Others
- South Korea Investment Casting Market Material Outlook (Revenue, USD Million , 2021-2033)
- Alumina-based
- Zirconia-based
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea Investment Casting Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into South Korea Investment Casting Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
South Korea Investment Casting Market, 2021-2033 (US$M)
South Korea investment casting market statistics, by application, 2021-2033 (US$M)
