Tooling Market: By Material Type (Invar, Aluminum, Other Metals, Tooling Prepreg, Infusion, Epoxy Board) By End-User (Aerospace, Wind Energy, Marine, Transportation, Industrial (Construction)) By Usage Type (Prototype, Serial Production) and Geography

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Tooling Market size was valued at USD 261.3 billion in 2022 and is expected to grow at a significant CAGR of 7.8% from 2023 to 2029. The global market provides a detailed overview of the market and that can be segmented By material type, end-use industry, usage type. By material type, the tooling market has been segmented into Invar, Aluminum, Other Metals, Tooling Prepreg, Infusion, Epoxy Board, Others. The Invar segment is likely to be the largest and fastest-growing segment in terms of material type. Based on end-use industry, the tooling market is segmented into Aerospace, Wind Energy, Marine, Transportation, Industrial. Among these, the aerospace, segment is expected to have the fastest-growing market during the forecast period 2022-2028. Based on usage type, the tooling market is segmented into Prototype, Serial Production. prototype is expected to dominate the market in the future according to Precision Business Insights.

Tooling Market Key Development:
  • In July 2022, Sandvik completes acquisition of Peterson Tool Company

Tooling Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

7.8%

Largest Market

North America

Fastest Growing Market

Asia-Pacific
Tooling Market Dynamics

Rise in focus on product customizations fuels the requirement of new models and dies, which are specifically designed for the manufacturing of products such as automotive engines, fuel tanks, turbines, propellers, shafts, and others; thereby, driving the global tooling market growth.

Key Features of the Reports

  • The tooling market report provides granular level information about the market size, regional market share, historic market (2018-2022) and forecast (2023-2029)
  • The tooling market report covers in-detail insights about the competitor's overview, company share analysis, key market developments, and their key strategies
  • The tooling market report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The tooling market report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The tooling market report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario

Tooling Market Segmentation

By Type
  • Invar
  • Aluminum
  • Other Metals
  • Tooling Prepreg
  • Infusion
  • Epoxy Board
By End-Use Industry
  • Aerospace
  • Wind Energy
  • Marine
  • Transportation
  • Industrial (Construction)
By Usage Type
  • Prototype
  • Serial Production
By Geography
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • MEA

Frequently Asked Questions

The tooling market is projected to expand at a CAGR of 7.8% during the forecast period

The major players in the global tooling market Janicki Industries, Inc., Toray Advanced Composites, Hexcel Corporation, Solvay SA, Rampf Group, Inc., Sika Axson, Weber Manufacturing Technologies Inc., Airtech Advanced Materials Group, Huntsman Advanced Materials, Gurit Holding AG, Trelleborg AB.

Asia PAcific is the fastest-growing region for tooling market

1. Executive Summary
2. Global Tooling Market Introduction
2.1. Global Tooling Market Taxonomy
2.2. Global Tooling Market Definitions
2.2.1. By Material Type
2.2.2. By End-Use Industry Type
2.2.3. By Usage Type
2.2.4. By Region
3. Global Tooling Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Global Tooling Market Dynamic Factors - Impact Analysis
3.6. Global Tooling Market Competition Landscape
4. Global Tooling Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029
4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)
4.3. Market Opportunity Analysis
5. Global Tooling Market, By Material Type, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) 
5.1. Invar
5.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.3. Market Opportunity Analysis
5.2. Aluminum
5.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.2.3. Market Opportunity Analysis
5.3. Other Metals
5.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.3.3. Market Opportunity Analysis
5.4. Tooling Prepreg
5.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.4.3. Market Opportunity Analysis
5.5. Infusion
5.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
5.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.5.3. Market Opportunity Analysis
5.6. Epoxy Board
5.6.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
5.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.6.3. Market Opportunity Analysis
5.7. Others
5.7.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
5.7.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.7.3. Market Opportunity Analysis
6. Global Tooling Market, By End-Use Industry Type, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) 
6.1. Aerospace
6.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.1.3. Market Opportunity Analysis
6.2. Wind Energy
6.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.2.3. Market Opportunity Analysis
6.3. Marine
6.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.3.3. Market Opportunity Analysis
6.4. Transportation
6.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.4.3. Market Opportunity Analysis
6.5. Industrial (Construction)
6.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
6.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.5.3. Market Opportunity Analysis
6.6. Others
6.6.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
6.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.6.3. Market Opportunity Analysis
7. Global Tooling Market Forecast, By Usage Type, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) 
7.1. Prototype
7.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.1.3. Market Opportunity Analysis
7.2. Serial Production
7.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.3. Market Opportunity Analysis
8. Global Tooling Market Forecast, By Region, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) 
8.1. North America
8.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.1.3. Market Opportunity Analysis
8.2. Europe
8.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.2.3. Market Opportunity Analysis
8.3. Asia-Pacific
8.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.3.3. Market Opportunity Analysis
8.4. Latin America
8.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.4.3. Market Opportunity Analysis
8.5. Middle East and Africa
8.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
8.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.5.3. Market Opportunity Analysis
8.6. Global Tooling Market - Opportunity Analysis Index, By Material Type, By End-Use Industry Type, By Usage Type and Region, 2023 - 2029
9. North America Tooling Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) 
9.1.  Material Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
9.1.1. Invar
9.1.2. Aluminum
9.1.3. Other Metals
9.1.4. Tooling Prepreg
9.1.5. Infusion
9.1.6. Epoxy Board
9.1.7. Others
9.2. End-Use Industry Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
9.2.1. Aerospace
9.2.2. Wind Energy
9.2.3. Marine
9.2.4. Transportation
9.2.5. Industrial (Construction)
9.2.6. Others
9.3. Usage Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
9.3.1. Prototype
9.3.2. Serial Production
9.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
9.4.1. USA
9.4.2. Canada
9.5. North America Tooling Market - Opportunity Analysis Index, By Material Type, By End-Use Industry Type, By Usage Type and Country, 2023 - 2029
9.6. North America Tooling Market Dynamics Trends
10. Europe Tooling Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) 
10.1. Material Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.1.1. Invar
10.1.2. Aluminum
10.1.3. Other Metals
10.1.4. Tooling Prepreg
10.1.5. Infusion
10.1.6. Epoxy Board
10.1.7. Others
10.2. End-Use Industry Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.2.1. Aerospace
10.2.2. Wind Energy
10.2.3. Marine
10.2.4. Transportation
10.2.5. Industrial (Construction)
10.2.6. Others
10.3. Usage Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.3.1. Prototype
10.3.2. Serial Production
10.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
10.4.1. Germany
10.4.2. UK
10.4.3. France
10.4.4. Spain
10.4.5. Italy
10.4.6. Russia
10.4.7. Rest of Europe
10.5. Europe Tooling Market - Opportunity Analysis Index, By Material Type, By End-Use Industry Type, By Usage Type and Country, 2023 - 2029
10.6. Europe Tooling Market Dynamics Trends
11. Asia-Pacific Tooling Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) 
11.1.  Material Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.1.1. Invar
11.1.2. Aluminum
11.1.3. Other Metals
11.1.4. Tooling Prepreg
11.1.5. Infusion
11.1.6. Epoxy Board
11.1.7. Others
11.2. End-Use Industry Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.2.1. Aerospace
11.2.2. Wind Energy
11.2.3. Marine
11.2.4. Transportation
11.2.5. Industrial (Construction)
11.2.6. Others
11.3. Usage Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.3.1. Prototype
11.3.2. Serial Production
11.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
11.4.1. China
11.4.2. India
11.4.3. Japan
11.4.4. ASEAN
11.4.5. Australia & New Zealand
11.4.6. Rest of Asia-Pacific
11.5. Asia-Pacific Tooling Market - Opportunity Analysis Index, By Material Type, By End-Use Industry Type, By Usage Type and Country, 2023 - 2029
11.6. Asia-Pacific Tooling Market Dynamics Trends
12. Latin America Tooling Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) 
12.1.  Material Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.1.1. Invar
12.1.2. Aluminum
12.1.3. Other Metals
12.1.4. Tooling Prepreg
12.1.5. Infusion
12.1.6. Epoxy Board
12.1.7. Others
12.2. End-Use Industry Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.2.1. Aerospace
12.2.2. Wind Energy
12.2.3. Marine
12.2.4. Transportation
12.2.5. Industrial (Construction)
12.2.6. Others
12.3. Usage Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.3.1. Prototype
12.3.2. Serial Production
12.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
12.4.1. Brazil
12.4.2. Mexico
12.4.3. Argentina
12.4.4. Rest of Latin America
12.5. Latin America Tooling Market - Opportunity Analysis Index, By Material Type, By End-Use Industry Type, By Usage Type and Country, 2023 - 2029
12.6. Latin America Tooling Market Dynamics Trends
13. Middle East and Africa Tooling Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) 
13.1.  Material Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
13.1.1. Invar
13.1.2. Aluminum
13.1.3. Other Metals
13.1.4. Tooling Prepreg
13.1.5. Infusion
13.1.6. Epoxy Board
13.1.7. Others
13.2. End-Use Industry Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
13.2.1. Aerospace
13.2.2. Wind Energy
13.2.3. Marine
13.2.4. Transportation
13.2.5. Industrial (Construction)
13.2.6. Others
13.3. Usage Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
13.3.1. Prototype
13.3.2. Serial Production
13.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
13.4.1. Gulf Cooperation Council (GCC) Countries
13.4.2. Israel
13.4.3. South Africa
13.4.4. Rest of MEA
13.5. MEA Tooling Market - Opportunity Analysis Index, By Material Type, By End-Use Industry Type, By Usage Type and Country, 2023 - 2029
13.6. MEA Tooling Market Dynamics Trends
14. Competition Landscape 
14.1. Strategic Dashboard of Top Market Players
14.2. Company Profiles (Introduction, Financial Analysis, Offerings, Key Developments, Strategies, and SWOT Analysis)
14.2.1. Janicki Industries, Inc.
14.2.2. Toray Advanced Composites
14.2.3. Hexcel Corporation
14.2.4. Solvay SA
14.2.5. Rampf Group, Inc.
14.2.6. Sika Axson
14.2.7. Weber Manufacturing Technologies Inc.
14.2.8. Airtech Advanced Materials Group
14.2.9. Huntsman Advanced Materials
14.2.10. Gurit Holding AG
14.2.11. Trelleborg AB
15. Research Methodology
16. Key Assumptions and Acronyms
  • Janicki Industries, Inc.
  • Toray Advanced Composites
  • Hexcel Corporation
  • Solvay SA
  • Rampf Group, Inc.
  • Sika Axson
  • Weber Manufacturing Technologies Inc.
  • Airtech Advanced Materials Group
  • Huntsman Advanced Materials
  • Gurit Holding AG
  • Trelleborg AB

Adjacent Markets