Global Automotive Tooling (Molds) market will reach 45500 million US$ by the end of 2025
The global Automotive Tooling (Molds) market is valued at 29500 million US$ in 2017 and will reach 45500 million US$ by the end of 2025, growing at a CAGR of 5.6% during 2018-2025. https://www.qyresearch.com/index/detail/387929/global-automotive-tooling-molds-market
The global Automotive Tooling (Molds) market is valued at 29500 million US$ in 2017 and will reach 45500 million US$ by the end of 2025, growing at a CAGR of 5.6% during 2018-2025. https://www.qyresearch.com/index/detail/387929/global-automotive-tooling-molds-market
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<strong>Global</strong> <strong>Automotive</strong> <strong>Tooling</strong> (<strong>Molds</strong>)<br />
<strong>market</strong> <strong>will</strong> <strong>reach</strong> <strong>45500</strong> <strong>million</strong><br />
<strong>US$</strong> <strong>by</strong> <strong>the</strong> <strong>end</strong> <strong>of</strong> <strong>2025</strong><br />
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• China and Europe is now <strong>the</strong> major consumption regions <strong>of</strong> <strong>Automotive</strong> <strong>Tooling</strong><br />
(<strong>Molds</strong>), in <strong>the</strong> coming years <strong>the</strong>re is an increasing demand for <strong>Automotive</strong><br />
<strong>Tooling</strong> (<strong>Molds</strong>) in <strong>the</strong> regions <strong>of</strong> China and o<strong>the</strong>r developing countries are<br />
expected to drive <strong>the</strong> <strong>market</strong> for more advanced <strong>Automotive</strong> <strong>Tooling</strong> (<strong>Molds</strong>).<br />
• <strong>Global</strong>ly, <strong>the</strong> <strong>Automotive</strong> <strong>Tooling</strong> (<strong>Molds</strong>) industry <strong>market</strong> is low concentrated as<br />
<strong>the</strong> manufacturing technology <strong>of</strong> <strong>Automotive</strong> <strong>Tooling</strong> (<strong>Molds</strong>) is relatively matures<br />
than some high-tech equipment. And some enterprises, like Toyota, Yanfeng<br />
Visteon, Simoldes, Yifeng, Himile, etc. are well-known for <strong>the</strong> wonderful<br />
performance <strong>of</strong> <strong>the</strong>ir <strong>Automotive</strong> <strong>Tooling</strong> (<strong>Molds</strong>) and related services. At <strong>the</strong><br />
same time, China, occupied 26.93% consumption <strong>market</strong> share in 2016, is<br />
remarkable in <strong>the</strong> global <strong>Automotive</strong> <strong>Tooling</strong> (<strong>Molds</strong>) industry because <strong>of</strong> <strong>the</strong>ir<br />
<strong>market</strong> share and technology status <strong>of</strong> <strong>Automotive</strong> <strong>Tooling</strong> (<strong>Molds</strong>).<br />
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• The product average price declined in <strong>the</strong> past few years due to<br />
<strong>the</strong> technology development, <strong>the</strong> average price <strong>will</strong> keep <strong>the</strong> tr<strong>end</strong><br />
in <strong>the</strong> few future years due to increasing mature manufacturing<br />
technology and lowing cost <strong>of</strong> raw materials.<br />
• The global <strong>Automotive</strong> <strong>Tooling</strong> (<strong>Molds</strong>) <strong>market</strong> is valued at 29500<br />
<strong>million</strong> <strong>US$</strong> in 2017 and <strong>will</strong> <strong>reach</strong> <strong>45500</strong> <strong>million</strong> <strong>US$</strong> <strong>by</strong> <strong>the</strong> <strong>end</strong><br />
<strong>of</strong> <strong>2025</strong>, growing at a CAGR <strong>of</strong> 5.6% during 2018-<strong>2025</strong>.<br />
Click to view <strong>the</strong> full report:<br />
https://www.qyresearch.com/index/detail/387929/globalautomotive-tooling-molds-<strong>market</strong><br />
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