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Hot Chamber Die Casting Machine Market Size to Reach US$ 1,648.5 Million by 2032 | CAGR of 5%

09-29-2022 09:10 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Future Market Insights

Hot Chamber Die Casting Machine Market Size to Reach US$ 1,648.5

The global hot chamber die casting machine market size is expected to be valued at US$ 1,012.3 Million in 2022. With the rising growth of end-users including automotive coupled with immaculate traits such as low-cost runs and best-in-class finishing, the product is known for expelling casts in the required format from the molten feed. Overall demand for hot chamber die casting machines are projected to grow at a CAGR of 5% between 2022 and 2032, totalling around US$ 1,648.5 Million by 2032.

Using a hot chamber dies casting machine, molten metal is injected into the moulds, or dies, under extremely high pressure to create highly precise engineering die cast products. These moulds are used to create intricate shapes with a high level of accuracy, consistency, and repeatability. The process produces a shape with textured and smooth surfaces, consistent dimensions, and sharp, well-defined edges.

The majority of the volume produced by a hot chamber die casting machine is metal, and it can produce both simple and complex parts for items ranging from toys to automobiles. A hot chamber dies casting machine uses the technique of applying intense pressure to force molten metal into a mould cavity. Dies are two-part objects that can be used repeatedly.

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Hot Chamber Die Casting Machine Global Market dynamics

A hot chamber dies casting machine is used for fast cyclic production which reduces the cost, time and energy involved in the process and is intricate with every detail of the cast. Furthermore, the hot chamber die casting machine reduces porosity and it works at a low melting point because this die casting has a longer life, which makes them more suitable for casting purposes than any other machine.

This is driving the global market for hot chamber die casting machines in the estimated period. The advanced hot chamber die casting machine is provided with the features of a durable clamping unit, HSS blushing, alloy plus strong casting platen, control system with compact logic PLC, large touch screen, centralized system with longer life and reduced maintenance, motor-driven pump with higher efficiency.

more flexible multi-short piston and an injecting system with multiple speed control and these new features are forcing the consumer to replace their convectional Hot Chamber Die Casting Machine with a more advanced one. Hot chamber dies casting machines are prominently used in the automotive industry, instrumentations and 3 Cs industry (Computer, Communication & Consumer Electronics).

The growth of vehicles across the globe is estimated to boost the hot chamber die casting machine global market. Advancements in the instrumentation industry will further help the hot die casting chamber machine penetrate in the global market.

Hot Chamber Die Casting Machine Global Market: Regional Outlook

Industrialization in Europe and North America has increased the demand for industrial instruments in this region which in turn is estimated to accelerate the hot chamber die casting machine market. Die casting is used to make a large variety of cast alloy parts in different shapes and sizes having large numbers of applications.

Being one of the most efficient die casting machines which can produce large volumes of castings in a small period having extreme preciseness and repeatability. The flexibility of casting sizes, product types and infinite possibility of shapes makes Hot Chamber Die Casting Machine the preferred process for a wide variety of industries. Hot Chamber Die Casting Machine offers a large number of advantages such as very precise repeatability, less porosity, high tolerances power, textured & smooth surfaces and sharply defined parts.

All these features are increasing the inclination of the consumer towards hot chamber die casting machines in the global market. Economic growth and the presence of high disposable income in the countries like India and China in the Asia Pacific region are increasing the demand for automobiles and this is propelling the hot chamber die casting machine market in this region. Emerging countries of Middle East Africa are propelling the boosting for industrial instruments which are produced and processed by using hot chamber die casting machines.

Hot Chamber Die Casting Machine Global Market: Key Players

Key players in the global market of Hot Chamber Die Casting Machine are:

• Jiaxing Xiuzhou Wangdian Dajian Equipment
• Teknomec
• Suzhou Sanji Die-Casting Automation System Co.
• Frech
• Buhler AG
• UBE Machinery INC.
• TOSHIBA MACHINE CO., LTD
• Buhler AG
• TOYO MACHINERY & METAL CO.,LTD.
• Bezel Impex Private Limited.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Hot Chamber Die Casting Machine Global Market segmentation

The Hot Chamber Die Casting Machine market can be segmented on the basis of type of product type, operation type and end use-

The Hot Chamber Die Casting Machine market can be segmented on the basis of product type as:

• Hybrid Hot Chamber Die Casting Machine
• Magnesium Hot Chamber Die Casting Machine
• Zinc Hot Chamber Die Casting Machine
• Electric Hot Chamber Die Casting Machine

The Hot Chamber Die Casting Machine market can be segmented on the basis of operation type as:

• Fully-Automatic
• Semi-Automatic
• Manual

The Hot Chamber Die Casting Machine market can be segmented on the basis of end use as:

• Automotive Industry
• 3 Cs Industry ( Computer, Communication & Consumer Electronics)
• Instrumentation
• Others

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About Future Market Insights (FMI)

Future Market Insights (ESOMAR certified market research organization and a member of the Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favour the market growth in various segments based on Source, Application, Sales Channel and End-Use over the next 10 years.

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