Automotive Parts Die-Casting Market
Automotive Parts Die-Casting Market Global Industry Assessment & Forecast
#
Pages:
169
2021
Nov - 2021
VMR-2021-0551
Segments Covered
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
Snapshot
 Forecast
Years:
|
2021 - 2028 |
 Historical
Years:
|
2016 - 2020 |
 Revenue
2021: |
38.53 Billion |
 Revenue 2028:
|
57.54 Billion |
 Revenue CAGR
(2021 - 2028): |
6.82% |
Fastest Growing Region (2022 -
2028)
|
Asia Pacific |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
Production Process Type Analysis: Preview On the basis of Production Process Type,
the market is segmented into Pressure Die-casting, Vacuum Die-casting, Squeeze Die-casting, Semi-solid Die-casting. Vacuum Die-casting held the
leading share in 2020 and is anticipated to grow at a noteworthy CAGR over the
forecast timespan. This is due to the increasing adoption of Vacuum Die-casting
in emerging economies in Asia Pacific region. Raw Material
Analysis: Preview
Based on Raw Material,
the market is segmented into Aluminum, Zinc, Magnesium, Others. Aluminum accounted
for the highest market share and is expected to grow at a significant CAGR from
2021 to 2028.
Global Automotive Parts Die-Casting Market: Production Process Type Segment Analysis
-
- Pressure Die-casting
- Vacuum Die-casting
- Squeeze Die-casting
- Semi-solid Die-casting
Global Automotive Parts Die-Casting Market: Raw Material Segment Analysis
-
- Aluminum
- Zinc
- Magnesium
- Others
Global Automotive Parts Die-Casting Market: Application Type Segment Analysis
-
- Body Assemblies
- Engine Parts
- Transmission Parts
- Others
FAQ
Frequently Asked Question
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.
