The global market for Die Casting is estimated at US$82.4 Billion in 2023 and is projected to reach US$133.9 Billion by 2030, growing at a CAGR of 7.2% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the die casting market is driven by several factors, including the increasing demand for lightweight materials in the automotive industry, advancements in technology, and the expansion of die casting applications across various industries. The automotive sector`s shift towards electric vehicles and fuel-efficient cars necessitates lightweight components, which boosts the demand for aluminum and magnesium die castings. Technological innovations, such as real-time shot control and high-speed die casting machines, enhance the process`s efficiency and the quality of the finished products, making die casting a more attractive option for manufacturers. The diversification of die casting into high-precision applications, such as aerospace and medical devices, also contributes to market growth. Moreover, consumer behavior towards more sustainable and high-quality products drives the demand for die cast parts, as they are durable, recyclable, and can be produced with high precision. As global manufacturing sectors continue to evolve, these factors collectively propel the expansion and technological progression within the die casting industry.
The growth in the die casting market is driven by several factors, including the increasing demand for lightweight materials in the automotive industry, advancements in technology, and the expansion of die casting applications across various industries. The automotive sector`s shift towards electric vehicles and fuel-efficient cars necessitates lightweight components, which boosts the demand for aluminum and magnesium die castings. Technological innovations, such as real-time shot control and high-speed die casting machines, enhance the process`s efficiency and the quality of the finished products, making die casting a more attractive option for manufacturers. The diversification of die casting into high-precision applications, such as aerospace and medical devices, also contributes to market growth. Moreover, consumer behavior towards more sustainable and high-quality products drives the demand for die cast parts, as they are durable, recyclable, and can be produced with high precision. As global manufacturing sectors continue to evolve, these factors collectively propel the expansion and technological progression within the die casting industry.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Automotive End-Use segment, which is expected to reach US$61.2 Billion by 2030 with a CAGR of a 8.1%. The Industrial Machinery End-Use segment is also set to grow at 7.2% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $12.4 Billion in 2023, and China, forecasted to grow at an impressive 8.5% CAGR to reach $57.7 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Die Casting Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Die Casting Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Die Casting Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Buhler AG, Amada Co., Ltd., Carlton Die Castings Ltd., and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 69 Featured):
- Buhler AG
- Amada Co., Ltd.
- Carlton Die Castings Ltd.
- Dynacast International, Inc.
- Advance Die Cast LLC
- AE Group AG
- Alteams Oy
- Bardane Manufacturing Company
- Consolidated Metco, Inc.
- Endurance Technologies Ltd.
- Fisep Srl
- American Aluminum Casting Company
- GF Casting Solutions
- Aardwolf Australia Pty Limited
- Eastern Alloys, Inc.
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISCANADAITALYSPAINRUSSIAREST OF EUROPESOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned
- Buhler AG
- Amada Co., Ltd.
- Carlton Die Castings Ltd.
- Dynacast International, Inc.
- Advance Die Cast LLC
- AE Group AG
- Alteams Oy
- Bardane Manufacturing Company
- Consolidated Metco, Inc.
- Endurance Technologies Ltd.
- Fisep Srl
- American Aluminum Casting Company
- GF Casting Solutions
- Aardwolf Australia Pty Limited
- Eastern Alloys, Inc.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 406 |
Published | November 2024 |
Forecast Period | 2023 - 2030 |
Estimated Market Value ( USD | $ 82.4 Billion |
Forecasted Market Value ( USD | $ 133.9 Billion |
Compound Annual Growth Rate | 7.2% |
Regions Covered | Global |
No. of Companies Mentioned | 15 |