Press release
Automotive Parts Magnesium Die Casting Market is valued at USD 12.41 Billion in 2022,growing at a CAGR of 6.5% during the forecast period 2023-2030 : Cognitive Market Research
Automotive Parts Magnesium Die Casting Market is valued at USD 12.41 Billion in 2022,growing at a CAGR of 6.5% during the forecast
Die casting is referred to the manufacturing process in which molten metal is injected into a hardened steel mold. Magnesium is considered among the lightest structural material, which is also among the most abundant elements found in the earth's crust. Owing to its excellent feature such as lightweight, resistance to impact, high strength-to-weight ratio, 100% recyclable, and abundant material availability it is increasingly being deployed for automotive die castings applications.
Summary:
The automotive parts magnesium die casting market is valued at USD 12.41 Billion in 2022 and is projected to grow at a value of USD 19.35 Billion by 2027, growing at a CAGR of 6.5% during the forecast period 2023-2030.
"To know more Automotive Parts Magnesium Die Casting Market statistics click here:
https://www.cognitivemarketresearch.com/automotive-parts-magnesium-die-casting%c2%a0-market-report
Market Driving Factor
Swelling car sales across the globe
The need for vehicles has increased as the population has grown. Almost every family in the world owns at least one vehicle. People rely on automobiles as a need is drastically increasing. People use automobiles to commute to work, visit another state, go on vacation, and do daily errands. Vehicles, in reality, are the most extensively utilized equipment for transportation and other basic everyday necessities.
Market Segmentation:
Vehicles Type
Heavy Commercial Vehicles
Light Commercial Vehicles
Application
Body Parts
Engine Parts
Transmission Parts
Other
Production Process
Pressure Die Casting
Vacuum Die Casting
Gravity Die Casting
Squeeze Die Casting
The Major Players in the Anion Surface Active Agent Market Are:
MeridianLightweightTechnologies,GeorgFischer,HandtmannMetallgusswerkGmbH,KSMCastingGroup(CITIC),RyobiGroup,ShilohIndustries,DGSDruckgussystemeAG,GibbsDieCasting,SundaramClaytonLimited(SCL),JiangsuFavourAutomotiveNewStuffSci-Tech
Get free sample pages of latest published Automotive Parts Magnesium Die Casting Market Report 2023:
https://www.cognitivemarketresearch.com/automotive-parts-magnesium-die-casting%c2%a0-market-report#request_sample
News
April 2022
GF Casting Solutions (GF's division) and Linamar Corp has formed a joint venture, GF Linamar LLC, located in Mills River, North Carolina.
Linamar Corporation has acquired GF's 50 percent stake, and formed a joint venture GF Linamar LLC commenced operations with a high-pressure die-casting. The company has acquired several orders from European and US customers for the production of lightweight components and generated sales of approx. USD 120 million in 2021 (with 450 employs).
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
• 1.1 Global Automotive Parts Magnesium Die Casting Industry Introduction
• 1.2 Objectives of the Study
• 1.3 USP of the Report
• 1.4 Who is this report for?
• 1.5 Designing of Market Scope
1.5.1 Segmentation
1.5.1 Regional Fragmentation
1.5.1 Market Players
• 1.6 Report Duration
Chapter 2 Research Methodology
Chapter 3 Executive Summary
• 3.1 Global Automotive Parts Magnesium Die Casting Market, 2018- 2030, (USD Million)
• 3.2 Global Automotive Parts Magnesium Die Casting Market: Snapshot
Chapter 4 Global Automotive Parts Magnesium Die Casting Market Overview
• 4.1 Introduction
• 4.2 Global Automotive Parts Magnesium Die Casting Market by Regions (2018-2030)
4.2.1 North America Automotive Parts Magnesium Die Casting Status and Prospect (2018-2030)
4.2.2 Europe Automotive Parts Magnesium Die Casting Status and Prospect (2018-2030)
4.2.3 Asia Pacific Automotive Parts Magnesium Die Casting Status and Prospect (2018-2030)
4.2.4 Latin America Automotive Parts Magnesium Die Casting Status and Prospect (2018-2030)
4.2.5 Middle East and Africa Automotive Parts Magnesium Die Casting Status and Prospect (2018-2030)
Chapter 5 Competitive Analysis (Subject to Availability)
Chapter 6 Qualitative Analysis
Chapter 7 Company Profiling
Chapter 8 Global Automotive Parts Magnesium Die Casting Market by Vehicles Type Segmentation Analysis (2018-2030)
Chapter 9 Global Automotive Parts Magnesium Die Casting Market by Application Segmentation Analysis (2018-2030)
Chapter 10 Global Automotive Parts Magnesium Die Casting Market by By Production Process Segmentation Analysis (2018-2030)
Chapter 11 Global Automotive Parts Magnesium Die Casting Market Regional Analysis
Chapter 12 North America Automotive Parts Magnesium Die Casting Market Development Status and Opportunities
Chapter 13 Europe Automotive Parts Magnesium Die Casting Market Development Status and Opportunities
Chapter 14 Asia Pacific Automotive Parts Magnesium Die Casting Market Development Status and Opportunities
Chapter 15 Latin America Automotive Parts Magnesium Die Casting Market Development Status and Opportunities
Chapter 16 Middle East and Africa Automotive Parts Magnesium Die Casting Market Development Status and Opportunities
Chapter 17 Research Findings
Browse here for Full TOC:
https://www.cognitivemarketresearch.com/automotive-parts-magnesium-die-casting%c2%a0-market-report#table_of_contents
Related Report :
Magnesium Casting Market : https://www.cognitivemarketresearch.com/magnesium-casting-market-report
Automotive Parts Die Casting Market : https://www.cognitivemarketresearch.com/automotive-parts-die-casting-market-report
𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
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Website: https://www.cognitivemarketresearch.com/about-us
About Cognitive Market Research Company :
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operational across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.
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