Automotive Part Die Casting Market To Accrue Revenue of US $ 20.31 Bn By 2028

14-Mar-2022 | Zion Market Research

Automotive Part Die Casting Market is slated to cross USD 20.31 Billion By 2028, as per new research study by Zion Market Research Private Limited. It earned USD 11.1 Billion in 2021 and will register CAGR of about 7.8% in 2022-2028. Additionally, growth of automotive part die casting market over forecast timespan is subject to increase in per capita income of middle-income groups along with rise in sale of passenger vehicles. In addition to this, automotive die casting components help automotive in weight reduction, thereby minimizing fuel emissions along with enhancing fuel efficiency. Eco-friendly features of product will steer market growth trends.

Vacuum Die Casting Segment To Lead Production Process By 2028

Rise in use of ultra-high vacuum die casting methods for manufacturing large as well as thin components such as pillars and space-frames for welding vehicle chassis will drive segmental growth. Reportedly, ultra-vacuum casting methods produce outstanding weldable vehicle products in comparison to large number of die casting procedures, thereby enhancing preference for vacuum die casting processes. Additionally, the production process removes air from mold & permits molten metal front for merging freely without pores – a major problem in pressure die casting production procedure.

Aluminum Segment To Lead Raw Material Type Landscape Over 2022-2028

Growth of aluminum segment over forecast timespan is subject to huge demand for lightweight vehicle components. Need for reducing fuel emissions from vehicles will boost demand for aluminum in vehicle production. This will further expedite segmental expansion.

Global Automotive Part Die Casting Market

Asia Pacific Automotive Part Die Casting Market To Expand In Leaps By 2028

Expansion of regional market over assessment period is due to rise in number of vehicles on road. Apparently, large production of vehicles for fulfilling increasing demand for affordable as well as premium vehicles from rising population will boost regional market trends. Low manufacturing & labor costs in sub-continent will prop up scope of market growth.

Key players have majorly influenced growth of market and will continue this trend in upcoming years. They are Alcast Technologies, Rockman Industries, Consolidated Metco, Inc., Dynacast, Endurance Technologies Limited, Ryobi Die-casting Inc., and Howmet Aerospace Inc.

Browse the full Automotive Part Die Casting Market- By Production Type (Squeeze Die-Casting, Semi-Solid Die-Casting, Pressure Die-Casting, and Vacuum Die-Casting), By Raw Material Type (Aluminum, Magnesium, and Zinc), By Application Type (Body Assemblies, Transmission Components, and Engine Components), By End-User (OEMs and Independent Manufacturers), and By Vehicle Type (Passenger Vehicle and Commercial Vehicle): Global Industry Perspective, Comprehensive Analysis, And Forecast, 2022–2028.” Report at https://www.zionmarketresearch.com/report/automotive-part-die-casting-market

The global automotive part die casting market is segmented as follows:

By Production Type

  • Squeeze Die-Casting
  • Semi-Solid Die-Casting
  • Pressure Die-Casting
  • Vacuum Die-Casting

Raw Material Type

  • Aluminum
  • Magnesium
  • Zinc

By Application Type

  • Body Assemblies
  • Transmission Components
  • Engine Components

By End-User

  • OEMs
  • Independent Manufacturers

 By Vehicle Type

  • Passenger Vehicle
  • Commercial Vehicle

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

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