Automotive Parts Die-Casting Market

Automotive Parts Die-Casting Market by Production Process Type (Pressure Die-casting, Vacuum Die-casting, Squeeze Die-casting, Semi-solid Die-casting) by Raw Material (Aluminum, Zinc, Magnesium, Others) by Application Type (Body Assemblies, Engine Parts, Transmission Parts, Others) , by Region (North America, Europe, Asia Pacific, Latin America and Middle East & Africa): Global Market Assessment, 2021 – 2028

Frequently Asked Questions

  • What is the global demand for Automotive Parts Die-Casting in terms of revenue?

    The global Automotive Parts Die-Casting valued at 38.53 Billion in 2020 and is expected to reach 57.54 Billion in 2028 growing at a CAGR of 6.82%%

  • Which are the prominent players in the market?

    The prominent players in the market are Ningbo Zhenhai Xinxie Machinery, Sibar, NORTHWEST DIE CASTING, Pacific Die Casting, Kinetic Die Casting Company, Dynacast, Ningbo Parison Die Casting, Alu Die Casting, Rockman, GF Automotive, Sandhu Auto Engineers, Wotech, Mino, Ryobi Die Casting, Aisin Auto..

  • At what CAGR is the market projected to grow within the forecast period?

    The market is project to grow at a CAGR of 6.82%% between 2021 and 2028.

  • What are the driving factors fueling the growth of the market.

    The driving factors of the Automotive Parts Die-Casting include

    • The increasing automobile sales have is anticipated to augment the growth of the automotive parts die casting market during the forecast period. This is attributable to the rapid urbanization, rising disposable income of the consumers, regulations associated to fuel efficiency, and improvement in dynamics. Furthermore, increase in global sales of automobiles has also caused a major inclination towards the adoption of personal vehicles which is in turn expected to support the growth of the automotive parts die casting market in the forecast period.
    • The government initiatives to implement laws and regulations for vehicular emission mandated automobile manufacturers to use advanced technologies to confine high emission levels in vehicles in various countries. Recent guidelines by environmental protection agency (EPA) have induced automotive to source components for manufacturing lightweight vehicles. This in turn is expected to drive the market for automotive parts die casting industry in the country. Furthermore, initiatives taken by national air duct cleaners association (NADCA) towards advancing the technical workforce in the industry of die casting are also supporting the growth of the market.

  • Which region accounted for the largest share in the market?

    Asia Pacific was the leading regional segment of the Automotive Parts Die-Casting in 2020.

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