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Automotive Aluminum Alloy Die Casting Research:CAGR of 6.2% during the forecast period

09-09-2024 03:33 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: QY Research Inc.

Automotive Aluminum Alloy Die Casting Research:CAGR of 6.2%

QY Research Inc. (Global Market Report Research Publisher) announces the release of 2024 latest report "Automotive Aluminum Alloy Die Casting- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030". Based on current situation and impact historical analysis (2019-2023) and forecast calculations (2024-2030), this report provides a comprehensive analysis of the global Wire Drawing Dies market, including market size, share, demand, industry development status, and forecasts for the next few years.



Automotive aluminum alloy die castings refer to aluminum or aluminum alloy equipment and devices obtained by casting.



【Get a free sample PDF of this report (Including Full TOC, List of Tables & Figures, Chart)】

https://www.qyresearch.com/reports/1683687/automotive-aluminum-alloy-die-casting





Automotive Aluminum Alloy Die Casting Market Summary

Automotive aluminum alloy die castings are aluminum alloy automotive parts produced by die casting. Die casting is a process in which molten metal is quickly filled into a mold under high pressure and solidified after cooling. Aluminum alloys are ideal materials for lightweighting automobiles due to their good physical and chemical properties, such as light weight, high strength, good thermal conductivity and corrosion resistance. Aluminum alloy die castings occupy an important position in automobile manufacturing and are widely used in many fields such as engines, transmission systems, body structural parts, chassis parts, etc.

According to the new market research report "Global Automotive Aluminum Alloy Die Casting Market Report 2023-2029", published by QYResearch, the global Automotive Aluminum Alloy Die Casting market size is projected to grow from USD 27 billion in 2023 to USD 41 billion by 2029, at a CAGR of 6.2% during the forecast period.

Global Automotive Aluminum Alloy Die Casting MarketSize(US$ Million), 2018-2029
240906-164215.webp (13 KB)

Above data is based on report from QYResearch: Global Automotive Aluminum Alloy Die Casting Market Report 2023-2029 (published in 2023). If you need the latest data, plaese contact QYResearch.



Global Automotive Aluminum Alloy Die Casting Top14Players Ranking and Market Share (Ranking is based on the revenue of 2022, continually updated)
240906-164232.webp (22 KB)

Above data is based on report from QYResearch: Global Automotive Aluminum Alloy Die Casting Market Report 2023-2029 (published in 2023). If you need the latest data, plaese contact QYResearch.

This report profiles key players of Automotive Aluminum Alloy Die Casting such as PHB Inc., VPIC Group

In 2022, the global top five Automotive Aluminum Alloy Die Casting players account for 42% of market share in terms of revenue. Above figure shows the key players ranked by revenue in Automotive Aluminum Alloy Die Casting.



Automotive Aluminum Alloy Die Casting,Global Market Size, Split by Product Segment
240906-164255.webp (24 KB)

Based on or includes research from QYResearch: Global Automotive Aluminum Alloy Die Casting Market Report 2023-2029.

In terms of product type, Engine Die Castings is the largest segment, hold a share of 22%.

In terms of product application, Passenger Vehicle is the largest application, hold a share of 56%.





Market Drivers:

Demand for lightweight automobiles. With the increasing awareness of energy conservation, emission reduction and environmental protection, lightweight automobiles have become an industry trend. Aluminum alloy die-castings, due to their light weight and high strength, can significantly reduce the weight of automobiles, improve fuel economy and reduce carbon emissions, thereby meeting the demand for lightweight.
Development of new energy vehicles. The rise of new energy vehicles has further promoted the application of aluminum alloy die-castings. New energy vehicles have higher requirements for lightweight components such as battery systems, body structures, and chassis parts, and aluminum alloy die-castings have become an important choice.
Technological progress and cost reduction. With the continuous advancement of aluminum alloy die-casting technology and large-scale production, production costs have gradually decreased, making aluminum alloy die-castings more widely used in automobile manufacturing.
Policy support. Governments of various countries have introduced policies to encourage the development of lightweight automobile technology, providing a good policy environment for the application of aluminum alloy die-castings.
Restraint:

Cost issues. Although aluminum alloy die castings have many advantages, their production costs are relatively high, especially in terms of material costs and processing costs. This has limited the widespread application of aluminum alloy die castings in low-end models to a certain extent.
Technical challenges. There are some technical difficulties in the production process of aluminum alloy die castings, such as mold design, material selection, process control, etc. These technical difficulties require continuous research and development and innovation to solve.
Market competition. With the continuous expansion of the aluminum alloy die casting market, competition is becoming increasingly fierce. Enterprises need to continuously improve product quality and technical level in order to be invincible in the market.
Opportunity:

The new energy vehicle market is growing rapidly. The rapid growth of the new energy vehicle market provides a broad market space for aluminum alloy die castings. With the continuous increase in the output of new energy vehicles, the demand for aluminum alloy die castings will continue to grow.
Lightweight technology continues to break through. With the continuous breakthrough and innovation of lightweight technology, the application of aluminum alloy die castings in automobile manufacturing will be more extensive. In the future, aluminum alloy die castings are expected to achieve replacement and upgrading in more fields.
International cooperation and exchanges are strengthened. With the in-depth development of globalization, international cooperation and exchanges are constantly strengthened. This provides more cooperation opportunities and market expansion space for aluminum alloy die casting companies.


The report provides a detailed analysis of the market size, growth potential, and key trends for each segment. Through detailed analysis, industry players can identify profit opportunities, develop strategies for specific customer segments, and allocate resources effectively.



The Automotive Aluminum Alloy Die Casting market is segmented as below:

By Company

PHB Inc.
VPIC Group
Sunrise Metal
Dolin Casting
Inox Cast
Groupe SAB
Dynacast International
Ryobi
Rockman Industries
Endurance
Redstone Manufacturing
Kinetic Die Casting, Inc
Acme Casting Co., Ltd.
Sieg-Huao



Segment by Type



Segment by Application



Each chapter of the report provides detailed information for readers to further understand the Automotive Aluminum Alloy Die Casting market:

Chapter 1: Introduces the report scope of the Automotive Aluminum Alloy Die Casting report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry. (2019-2030)

Chapter 2: Detailed analysis of Automotive Aluminum Alloy Die Casting manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc. (2019-2024)

Chapter 3: Provides the analysis of various Automotive Aluminum Alloy Die Casting market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments. (2019-2030)

Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.(2019-2030)

Chapter 5: Sales, revenue of Automotive Aluminum Alloy Die Casting in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world..(2019-2030)

Chapter 6: Sales, revenue of Automotive Aluminum Alloy Die Casting in country level. It provides sigmate data by Type, and by Application for each country/region.(2019-2030)

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc. (2019-2024)

Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 9: Conclusion.



Benefits of purchasing QYResearch report:

Competitive Analysis: QYResearch provides in-depth Automotive Aluminum Alloy Die Casting competitive analysis, including information on key company profiles, new entrants, acquisitions, mergers, large market shear, opportunities, and challenges. These analyses provide clients with a comprehensive understanding of market conditions and competitive dynamics, enabling them to develop effective market strategies and maintain their competitive edge.

Industry Analysis: QYResearch provides Automotive Aluminum Alloy Die Casting comprehensive industry data and trend analysis, including raw material analysis, market application analysis, product type analysis, market demand analysis, market supply analysis, downstream market analysis, and supply chain analysis.

and trend analysis. These analyses help clients understand the direction of industry development and make informed business decisions.

Market Size: QYResearch provides Automotive Aluminum Alloy Die Casting market size analysis, including capacity, production, sales, production value, price, cost, and profit analysis. This data helps clients understand market size and development potential, and is an important reference for business development.



Other relevant reports of QYResearch:

Global Automotive Aluminum Alloy Die Casting Market Research Report 2024
Global Automotive Aluminum Alloy Die Casting Market Research Report 2023
Global and India Automotive Aluminum Alloy Die Casting Market Report & Forecast 2023-2029
Automotive Aluminum Alloy Die Casting - Global Market insights and Sales Trends 2024

About Us:

QYResearch founded in California, USA in 2007, which is a leading global market research and consulting company. Our primary business include market research reports, custom reports, commissioned research, IPO consultancy, business plans, etc. With over 17 years of experience and a dedicated research team, we are well placed to provide useful information and data for your business, and we have established offices in 7 countries (include United States, Germany, Switzerland, Japan, Korea, China and India) and business partners in over 30 countries. We have provided industrial information services to more than 60,000 companies in over the world.

Contact Us:
If you have any queries regarding this report or if you would like further information, please contact us:
QY Research Inc.
Add: 17890 Castleton Street Suite 369 City of Industry CA 91748 United States
EN: https://www.qyresearch.com
Email: global@qyresearch.com
Tel: 001-626-842-1666(US)  
JP: https://www.qyresearch.co.jp

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