Automotive Tooling (Molds) Market Expected to Reach $27,148 Million in 2023
The Asia & Middle East automotive tooling (molds) market is expected to reach $27,148 million in 2023, from $18,564 million in 2016, growing at a CAGR of 5.7% from 2017 to 2023. Automotive tooling systems are mechanically or electrically powered equipment that facilitate conversion of raw materials into desired shape and size for manufacturing of automobiles. These systems are used in the production of powertrain components & systems, gears, drive shafts, bumpers, doors, and assembly of various components to name...
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