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Die Casting - Global Strategic Business Report

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    Report

  • 406 Pages
  • December 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 4845702
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.

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 SUMMARY
1. MARKET OVERVIEW
  • An Introduction to Die Casting
  • Die Casting Market: Critical for Production of Manufactured Parts and Finished Goods
  • Developing Economies Continue to Spearhead Market Growth
  • An Insight into Global Castings Production
  • Ferrous Metal Castings Continue to Dominate, While Nonferrous Metal Castings Gradually Gaining Ground
  • Die Casting - Global Key Competitors Percentage Market Share in 2024 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Die Cast Automotive Parts Receive a Boost Against the Backdrop of the Engineering Focus Shed on Lightweighting
  • Rising EV Sales: Another Emerging Growth Catalyst in the Automotive End-Use Sector
  • Competition between Steel and Aluminum Castings Heats Up in the Auto Industry
  • Heavy Transportation Segments Add to the Demand
  • Global Aircraft Fleet by Aircraft Type for the Years 2018 and 2038
  • Heavy Industrial Equipment/Machinery Manufacturing Industry Promises Bright Prospects
  • Opportunity Indicators
  • Global Construction Equipment Market: Revenues in US$ Billion for the Years 2019, 2021, 2023 and 2025
  • Global Mining Equipment Market: Revenues in US$ Billion for the Years 2019, 2021, 2023 and 2025
  • Sustained Demand for Consumer Appliances Worldwide: A Strong Growth Driver
  • Global Household Appliances Market: Sales in US$ Billion for the Years 2019, 2021, 2023 and 2025
  • Increasing Replacement of Wrought Iron and Steel with Aluminum Castings in Military and Defense Applications: An Opportunity for Growth
  • Increased Defense Spending Bodes Well for Die Casting Market: Military Expenditure Worldwide in US$ Billion for the Years 2001 through 2023
  • Rising Significance of Castings in Energy Production Chain Spurs Demand from Power Industry
  • Mechanization of Agriculture Adds to the Demand
  • Production of Plumbing Pipes & Fittings: A Lucrative Market Opportunity for Castings
  • Porosity-Free, High-Strength and Superior Finish Aluminum Castings: A Key Requirement in Medical Devices
  • Telecommunications Equipment: A High Potential End-use Application
  • Die Casting: The Most Widely Used Process to Transform Aluminum into Products
  • High Pressure Die Casting Market Rides on the Lightweight Trend in Automotive Industry
  • Global High Pressure Die Casting Market: Percentage Breakdown of Revenues by Applications for 2019 and 2025
  • Magnesium Emerges as a Promising Alternative to Aluminum Die Cast
  • Comparative Analysis of Design Parameters
  • Automation Ensures Improved Productivity for Die Casting Industry
  • Growing Automation in Aluminum Die Casting Fosters Improved Productivity
  • Technological Advancements and Innovations Spur Market Growth
  • Simulation-based Castings Continues to Gain Traction
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Recent Past, Current & Future Analysis for Die Casting by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 2: World Historic Review for Die Casting by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 3: World 16-Year Perspective for Die Casting by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2024 & 2030
  • Table 4: World Recent Past, Current & Future Analysis for Automotive by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 5: World Historic Review for Automotive by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 6: World 16-Year Perspective for Automotive by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 7: World Recent Past, Current & Future Analysis for Industrial Machinery by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 8: World Historic Review for Industrial Machinery by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 9: World 16-Year Perspective for Industrial Machinery by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 10: World Recent Past, Current & Future Analysis for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 11: World Historic Review for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 12: World 16-Year Perspective for Other End-Uses by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 13: World Recent Past, Current & Future Analysis for Pressure Die Casting by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 14: World Historic Review for Pressure Die Casting by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 15: World 16-Year Perspective for Pressure Die Casting by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 16: World Recent Past, Current & Future Analysis for Vacuum Die Casting by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 17: World Historic Review for Vacuum Die Casting by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 18: World 16-Year Perspective for Vacuum Die Casting by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 19: World Recent Past, Current & Future Analysis for Squeeze Die Casting by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 20: World Historic Review for Squeeze Die Casting by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 21: World 16-Year Perspective for Squeeze Die Casting by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 22: World Recent Past, Current & Future Analysis for Other Production Processes by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 23: World Historic Review for Other Production Processes by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 24: World 16-Year Perspective for Other Production Processes by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 25: World Die Casting Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
III. MARKET ANALYSIS
UNITED STATES
  • Die Casting Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
  • Casting: The Foundation of US Manufacturing Sector
  • Market Analytics
CANADA
JAPAN
  • Die Casting Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
CHINA
  • Die Casting Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
  • Chinese Die Casting Market: Poised for Growth
  • Market Analytics
EUROPE
  • Die Casting Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
FRANCE
  • Die Casting Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E)
GERMANY
  • Die Casting Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (E)
ITALY
UNITED KINGDOM
  • Die Casting Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E)
SPAINRUSSIAREST OF EUROPE
ASIA-PACIFIC
  • Die Casting Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
INDIA
  • Die Casting Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2024 (E)
  • Auto Industry to Drive Growth in the Indian Die Casting Market
  • Indian Castings Market: Percentage Breakdown of Volume Shipments by End-Use Segment for 2023
  • Market Analytics
SOUTH KOREAREST OF ASIA-PACIFIC
LATIN AMERICA
  • Die Casting Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2024 (E)
ARGENTINABRAZILMEXICOREST OF LATIN AMERICA
MIDDLE EAST
  • Die Casting Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2024 (E)
AFRICA
  • Die Casting Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2024 (E)
IV. COMPETITION

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