The tooling market size was valued at $212,500.0 million in 2020.
Based on type, the dies & molds type holds the maximum market share of the tooling market in 2020.
The tooling market is projected to reach $439,994.9 million by 2030.
Growth of the automobile & mechanical industry and rising machine tool technologies are the key trends in the tooling market.
The product launch is key growth strategy of Tooling industry players.
The company profile has been selected on factors such as geographical presence, market dominance (in terms of revenue and volume sales), various strategies and recent developments.
Fluctuating raw material prices of raw materials are the effecting factor for tooling market.
The end users of Tooling include in automotive, electronics, plastics, construction and others.
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Global Opportunity Analysis and Industry Forecast, 2021-2030