Quadintel published a recovery-based report for Global “Die Casting Market” that provides crucial details on company opportunities, growth plans, trends, innovations, the competitive landscape in 2022, and the geographic outlook. Based on relevant market and regional segmentation, a thorough assessment of this worldwide market includes the historical analysis of this market (from 2023 to 2030) and develops reliable and approximative timeline estimations up to 2030.
Get a complete report on Global Die Casting Market’ (Including Full TOC, 100+ Tables & Figures, and charts). –Covers Precise Information on Pre & Post COVID-19 Market Outbreak by Region.
Global Die Casting Market is valued approximately at USD 62.9 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 6.1% over the forecast period 2021-2027.
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Die casting is an automated casting process in which the liquid melt is pressed into a mold under high pressure and at a high filling speed. Growing end-use industries such as automobiles, construction, electronics industry and others coupled with deployment of die-cast parts as a weight reduction strategy are fueling growth in the market. According to Statista, construction industry spending worldwide increased from USD 11.5 trillion in 2018 to USD 12 trillion in 2019 and reached USD 12.5 trillion in 2020. Also, according to India Brand Equity Foundation, export of automobile from India has increased from 436,500 units in April 2020 to June 2020 to 1,419,430 units from April 2021 to June 2021. Furthermore, growing strategic initiatives by market players to cater the rising demand coupled with technological advancements in the industry are expected to inject growth in the near future. In March 2021, Sandhar Technologies signed a Memorandum of Understanding with Unicast Autotech for acquisition of its AluminiumDie Casting Business. However, volatile raw material prices and crunch in raw material supply are anticipated to hamper the growth in coming years.
Among Asia Pacific, North America, Europe, Latin America, and Rest of the World, Asia Pacific is the leading region across the world in terms of market share and is also anticipated to show significant growth in coming years, owing to rapid growth of the end-use industries such as manufacturing and electronics and growing demand for light weight metal components in the region.
Major market player included in this report are:
Consolidated Metco
Diecasting Solutions
Endurance Technologies
Georg Fischer
Gibbs Die Casting
Kurt Die Casting
Global Autotech
Gnutti Carlo
Hitachi Metals
JPM Group
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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Application:
Automotive
Electrical and Electronics
Industrial Applications
Others
By Process:
Pressure Die Casting
Vacuum Die Casting
Squeeze Die Casting
Others
By Raw Material:
Aluminum
Magnesium
Zinc
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By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
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Report Include:
- Market Behavior/ Level of Risk and Opportunity
- End Industry Behavior/ Opportunity Assessment
- Expected Industry Recovery Timeline
Key Market Features in Global Market: The report assessed key market features, including revenue, capacity, price, capacity utilization rate, production rate, gross, production, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. The study also offers a thorough analysis of the most important market factors and their most recent developments, as well as pertinent market segments and sub-segments.
In this report, the following important queries are addressed:
- What is the Global market’s sales value, production value, consumption value, import, and export (including North America, Europe, Asia-Pacific, South America, Middle East, and Africa)?
- Who are the major manufacturers in this sector on a global scale? How are their capacity, production, sales, pricing, cost, gross, and revenue operating?
- What are the vendors’ market prospects and risks in the international industry?
- Which product types, end users, or applications might be looking for additional growth prospects? What is each type’s and application’s market share?
- What specific strategies and limitations are keeping the market in check?
- What is the various marketing, sales, and distribution channels in the international market?
- What are the upstream raw materials, as well as the manufacturing machinery?
- What are the market opportunities, market risk, and market overview of this industry?
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