The Australia casting devices market size is expected to grow at a CAGR of 9.60% between 2025 and 2034.

The Australia Welding Equipment and Consumables market was valued at more than USD 700 Million in 2022.

Revenue for the Non-Ferrous Metal Casting industry has declined over the past five years, as firms grapple with elevated input costs, supply constraints and falling output volumes. While global prices for key metals like copper, zinc and aluminium have eased from pandemic highs, they remain volatile in 2025-26 amid ongoing geopolitical tensions and surging demand from Asia. Domestic shortages, particularly following the closure of Queensland’s Mount Isa copper mine in mid-2025, have pushed local costs higher and intensified the industry's exposure to resource insecurity. Environmental compliance has also emerged as a key cost driver. New mandatory climate-related disclosures introduced in 2024-25 have increased regulatory burdens, especially for small foundries with outdated facilities. While some manufacturers have upgraded to solar power or modernised equipment, industrywide investment remains patchy. A shrinking and ageing workforce continues to weigh on productivity, limiting the industry's ability to scale. Subdued activity in core downstream markets like automotive and general manufacturing, alongside weak export competitiveness, has further constrained growth and placed downwards pressure on profit margins. As a result, industry revenue is expected to have slipped at an annualised 1.1% over the five years through 2025-26, to $206.4 million, with a 1.7% drop anticipated this year alone. Looking ahead, structural pressures are set to intensify. Tightening access to critical minerals, higher production costs and shifting demand will continue to shape performance. Mass-market casting is becoming less viable in Australia, as international players leverage economies of scale and automation. While emerging opportunities exist in specialised segments like renewable energy and aerospace, these are unlikely to offset declining demand in traditional sectors like mining and construction. Most local foundries are forecast to struggle with the capital and capability needed to serve these emerging markets. Export activity is also projected to remain subdued. Despite ongoing free trade agreement negotiations with the European Union, local manufacturers are unlikely to make significant inroads into global supply chains dominated by advanced producers in countries like Germany. Overall, industry revenue is projected to decline 0.3% annually over the five years through 2030-31, to $203.1 million, as casters face an increasingly selective and capital-intensive market.

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Metal Casting Market Size 2025-2029

The metal casting market size is forecast to increase by USD 22.85 billion at a CAGR of 8.7% between 2024 and 2029.

The market is experiencing significant growth, driven by the increasing adoption of advanced technologies such as X-ray casting for improved defect recognition in industries like automotive engines and passenger cars. Additionally, the integration of casting process simulation technology is enhancing efficiency and reducing production costs. However, the market faces challenges from energy-consuming technologies that increase overall production costs. Key technologies shaping the market include steel casting, aluminum casting, and aluminum die casting, with applications ranging from automotive components to construction machinery and X-ray equipment. Innovations in materials like magnesium are also driving market expansion. The use of 3D printing in metal casting is a promising trend, offering customization and cost savings, but faces challenges in terms of scalability and material limitations. Overall, the market is poised for growth, driven by technological advancements and evolving industry demands.

What will be the Size of the Metal Casting Market During the Forecast Period?

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The market encompasses the production of various metal components through processes such as die casting, sand mold casting, and investment casting. This industry is characterized by its significant size and continuous growth, driven by the demand for lightweight, strong parts in diverse sectors, including automotive, construction, and industrial manufacturing. Aluminum casting, specifically grey iron metal and aluminum, holds a prominent position due to its lightweight properties and cost-effectiveness. Regulations governing waste minimization and the use of recyclable materials are influencing market trends, with an increasing focus on 3D metal shaping through technologies like cut-out molds and 3D printing. Applications span from intricate lamp poles to large structural components, with flexible designing and rapid prototyping facilitating innovation.
Silicone molds and the integration of plastic and sand in casting processes further expand the market's scope. Overall, the metal casting industry remains a dynamic and evolving sector, driven by the demand for strong, lightweight parts and the ongoing pursuit of cost-effective, sustainable manufacturing solutions.

How is this Metal Casting Industry segmented and which is the largest segment?

The metal casting industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

End-user

  Automotive
  Industrial machinery
  Aerospace and defense
  Others


Material

  Aluminum
  Cast iron
  Magnesium
  Zinc
  Others


Method

  Sand casting
  HPDC
  Gravity casting
  LPDC


Geography

  APAC

    China
    India
    Japan
    South Korea


  Europe

    Germany
    UK
    France


  North America

    Canada
    US


  South America



  Middle East and Africa

By End-user Insights

The automotive segment is estimated to witness significant growth during the forecast period.

The market experiences significant growth, driven by the automotive industry's increasing demand for lightweight, cost-effective, and easily maneuverable components. Zinc and aluminum are the preferred metals for casting in this sector due to their properties, with ferrous and nonferrous metals and their alloys also utilized in engine and brake production. Die casting, specifically zinc and aluminum die casting, is a popular method for manufacturing automotive components. The rising number of vehicles in use, fueled by low-interest rates and affordable fuel prices, further boosts market expansion. Metal casting techniques, including sand casting, gravity casting, vacuum casting, and die casting, are employed in various industries such as oil & gas, aerospace, railroad, healthcare, mining, and manufacturing of lamp poles, bus pedals, train wheels, vehicle parts, and metal casting suppliers.

Key benefits of metal casting include the production of strong, lightweight parts, waste minimization, and cost-effectiveness. Metals used include carbon, silicon, manganese, phosphorus, and sulphur, with varying melting points and wear resistance. Machines used in metal casting include blowers, bearings, cams, engine oil pans, gears, valves, screw nuts, wire rod, and electrical sheets.

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The Automotive segment was valued at USD 17.3 billion in 2019 and showed a gradual increase during the forecast period.

Regional Analysis

APAC is estimated to contribute 52% to the growth of the global market during the f

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Aluminum Die Casting Market Size 2025-2029

The aluminum die casting market size is forecast to increase by USD 49.2 billion at a CAGR of 8.7% between 2024 and 2029.

The market is experiencing significant growth, driven primarily by its increasing adoption in the automotive industry. The lightweight and high-strength properties of aluminum die castings make them an ideal choice for automotive applications, leading to a in demand. Furthermore, the emergence of smart manufacturing and Industry 4.0 technologies is revolutionizing the production process, enhancing efficiency and reducing costs. However, the market is not without challenges. Competition from alternative materials, such as magnesium and plastic, poses a threat to aluminum die casting's market share.
To remain competitive, market participants must focus on innovation, cost optimization, and delivering superior quality products. Companies that successfully navigate these challenges and capitalize on the opportunities presented by the automotive industry and Industry 4.0 technologies stand to gain significant market share and revenue growth.

What will be the Size of the Aluminum Die Casting Market during the forecast period?

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The market in the United States continues to experience significant activity, driven by the growing demand for lightweight and high-performance components in various industries. Thin wall casting, a key trend in this market, enables the production of intricate and complex parts with reduced material usage and improved fuel efficiency. Competitive advantage is achieved through continuous improvement, including the adoption of advanced technologies such as thermal spraying and non-destructive testing. Market intelligence indicates that casting machines with higher productivity and precision, integrated quality management systems, and user-friendly casting software are in high demand. Process optimization through mold flow analysis, lean six sigma, and simulation software also contribute to market growth. . Key applications include the production of housings, brackets, fittings, and various auto parts.
Sustainability initiatives, such as green manufacturing and supply chain resilience, are increasingly important, with a focus on reducing carbon footprint and minimizing product obsolescence. Intellectual property protection and technology licensing are also key considerations in this competitive landscape. The market is characterized by the use of various inspection equipment, including dimensional inspection, corrosion testing, and material testing, to ensure product quality and meet customer requirements. Surface inspection, shot peening, and powder coating are essential for enhancing product durability and appearance. Market dynamics are influenced by the product life cycle, with a focus on high volume production and the adoption of advanced technologies to meet evolving customer needs. Aluminum die casting is also gaining traction in other industries, including telecommunications, construction, and industrial manufacturing, due to its excellent thermal conductivity and fuel economy benefits.

How is this Aluminum Die Casting Industry segmented?

The aluminum die casting industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Application

  Automotive
  Heavy machinery and industrial
  Aerospace and defense
  Construction
  Others


Type

  High pressure
  Low-pressure
  Vacuum
  Gravity
  Squeeze


Method

  Hot chamber
  Cold chamber


Geography

  APAC

    Australia
    China
    India
    Japan
    South Korea


  Europe

    France
    Germany
    UK


  North America

    US
    Canada


  Middle East and Africa



  South America

By Application Insights

The automotive segment is estimated to witness significant growth during the forecast period. The high-pressure die casting process is a significant contributor to the manufacturing industry, accounting for approximately 30%-35% of components in an automobile, primarily made of aluminum alloys. This process is preferred due to its ability to create lightweight parts with high material strength and dimensional accuracy, making it an ideal choice for producing complex shapes. The demand for aluminum die-cast parts has been on the rise across various sectors, including automotive, aerospace, electronic components, and machinery components, due to their energy efficiency and corrosion resistance. Technological advancements and innovations have further fueled the adoption of high-strength and lightweight aluminum castings, particularly in the automotive sector. The emergence of smart manufacturing and Industry 4.0 is the upcoming market trend. The market is experiencing significant tran

The Australian Motor Vehicle Parts and Accessories Manufacturing industry faces a shifting mix of opportunities and pressures. Stable new vehicle sales and an ageing fleet have continued to drive demand for replacement parts, while the robust consumer preference for SUVs and recreational vehicles has fuelled interest in specialised accessories. These trends have helped the industry maintain a resilient revenue base, which is expected to grow at an annualised 0.7% to $5.0 billion over the five years through 2025 26, even as manufacturers navigate rising trade competition and tightening environmental regulations. Despite this resilience, several headwinds are limiting growth. A strengthening Australian dollar has made imports more competitive, squeezing local producers’ market share and profit margins. Meanwhile, the imposition of US tariffs on Australian steel, aluminium and automotive parts has restricted export opportunities, encouraging some manufacturers to shift focus towards alternative markets like the United Arab Emirates. Tightening environmental regulations, including stricter emissions standards and a transition to electric vehicles, have been forcing manufacturers to invest in new technologies and update production methods. While regulatory changes increase costs, they have created opportunities for businesses innovating in low-emission and EV-compatible parts. This mix of factors has led to an anticipated 1.4% contraction in industry revenue in 2025 26. Industry revenue is projected to increase at an annualised 1.3% over the five years through 2030-31 to $5.3 billion. Stabilising trade conditions and a global appetite for high-quality, sustainable components are set to generate some export momentum. Electrification of the vehicle fleet will expand demand for advanced aftermarket parts, while artificial intelligence in design, prototyping and production will improve efficiency. Nonetheless, competition from low-cost imports will remain a defining feature of the market, compelling Australian manufacturers to focus on producing tailored solutions that leverage domestic credibility. Environmental compliance requirements, evolving consumer expectations and rapid technological change will continue to reshape the industry’s operating environment, rewarding businesses that can quickly shift gears to move with demand.

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Golf Clubs Market Size 2025-2029

The golf clubs market size is forecast to increase by USD 823.7 million at a CAGR of 2.9% between 2024 and 2029.

The market is experiencing significant growth, driven by the increasing disposable income of consumers and the rising number of ultra-high net worth individuals (UHNIs) who are avid golf enthusiasts. These demographic trends have led to a rise in demand for high-end golf clubs, offering luxurious amenities and exclusive memberships. However, the seasonality of the sport presents a notable challenge for market participants. Golf, being a weather-dependent sport, faces significant fluctuations in demand due to seasonal variations. Integrating mobile solutions into marketing strategies and enhancing social media presence are key trends that are reshaping the market landscape. Consequently, golf clubs must effectively manage their resources and operations to cater to peak seasons while maintaining member engagement during off-peak periods.
Additionally, they must continually innovate and adapt to evolving consumer preferences, such as incorporating technology to enhance the golfing experience, providing diverse recreational activities, and offering personalized services. By addressing these challenges and capitalizing on the growing demand, golf clubs can position themselves as preferred destinations for discerning consumers seeking exclusive, high-quality experiences. To capitalize on market opportunities, golf clubs can explore alternative revenue streams such as hosting corporate events, offering non-golf amenities, and expanding their geographical reach to regions with favorable climates.

What will be the Size of the Golf Clubs Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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The golf market encompasses a range of offerings, from golf apparel and footwear to course design and equipment. Golf balls, a key product, continue to evolve with advancements in technology, such as data analytics and smart clubs. Club maintenance, including re-gripping and re-shafting, remains essential for optimal performance. USGA rules and regulations guide the industry, shaping pricing structures for golf clubs, accessories, and bags. Clubhead geometry and clubface technology drive innovation, enhancing performance and fueling competition among brands. Warranties and reviews provide transparency for consumers in their purchasing decisions.
Golf club comparison and clubhead technology comparisons are popular online, enabling informed choices. Club repair services cater to the ongoing need for club maintenance and customization. Golf club accessories, from bags to tees, complement the core offerings, rounding out the market landscape.

How is this Golf Clubs Industry segmented?

The golf clubs industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Application

  Leisure
  Professional


Product

  Woods
  Irons
  Putters
  Wedges


Distribution Channel

  Offline
  Online


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy
    UK


  APAC

    Australia
    China
    India
    Japan


  Rest of World (ROW)

By Application Insights

The leisure segment is estimated to witness significant growth during the forecast period. The market experiences significant growth due to the increasing popularity of the sport, driven by the expansion of golf courses and government initiatives to promote golf tourism. Leisure golf clubs hold the largest market share, with many individuals traveling to play on historic courses in destinations like Scotland. The availability of golf courses in cities and towns worldwide contributes to the sport's rising appeal. Advanced technologies, such as swing analysis, clubhead finishes, and custom fitting, have enhanced the overall golfing experience. Carbon fiber and synthetic materials have become increasingly common in golf club manufacturing, contributing to lighter and more durable clubs.

Forged irons, with their improved moment of inertia and feel, remain popular among serious golfers. Weight distribution and swing weight are crucial factors in club design, affecting clubhead speed and ball flight. Groove technology, face materials, and ball contact have significantly impacted performance optimization. Utility clubs, fairway woods, and wedge sets cater to various playing styles and skill levels. Steel and graphite shafts offer different benefits in terms of weight, flexibility, and feel. Beginner clubs, individual clubs, cast irons, and golf club sets cater to various budgets and skill levels. Premium clubs, with their