Die Casting Auto Parts Market Expansion Continues, with Forecast Valuation of $30.88 Billion by 2029

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Die Casting Auto Parts Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market size for auto parts produced through die casting has experienced considerable growth in the past few years. The growth is projected to increase from $23.47 billion in 2024 to $24.86 billion in 2025, with a compound annual growth rate (CAGR) of 5.9%. This historical growth trend is ascribed to several factors such as the surge in demand for vehicles with less weight, the widespread adoption of aluminum alloys in the production of automobiles, an increase in automotive production quantities, the expansion of worldwide supply chains, and a heightened emphasis on economical mass production.

Die Casting Auto Parts Market Size Forecast: What's the Projected Valuation by 2029?
Within the next few years, the die casting auto parts market is predicted to witness substantial growth, reaching a valuation of $30.88 billion by 2029 with a 5.6% CAGR. The anticipated growth can be credited to the rising popularity of electric vehicles, stricter government rules regarding emission reductions, increased requirement for fuel-efficient vehicles, the broadening of the automobile aftermarket, and a progressive shift toward ecologically sustainable manufacturing processes. The forecast period is set to be characterized by advancements in die casting techniques, the invention of lightweight alloy materials, progress in automated and robotic technologies, increased funding in R&D, and the incorporation of 3D printing for tooling operations.

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What Are the Drivers Transforming the Die Casting Auto Parts Market?
The die casting auto parts market is set to experience a boom due to the burgeoning acceptance and utilization of electric vehicles (EVs). EVs are automobiles that draw their power from batteries, serving as an alternative to conventional cars that run on gasoline or diesel. Fewer operational costs due to falling battery prices are making EVs more economically feasible, thereby convincing more people to choose EVs over fuel-powered cars. Die cast autocomponents play a crucial role in supporting electric automobiles by supplying lightweight but strong aluminium and magnesium parts. These parts are indispensable for battery storage, motor enclosures, and structural elements, ensuring an increased energy efficiency, performance, and longevity. They also fulfil the exacting standards of precision and dependability required in contemporary EV design. An example can be seen in January 2025 statistics by Cox Automotive, an American system software firm, that illustrated a 49% growth in EV sales in 2023 to reach 1,212,758 units, a figure advanced compared to 2022 tally. This trend continued in 2024, with a surge of 7.3% to register a total of 1,301,411 units. Consequently, the escalating implementation of electric vehicles is fueling the expansion of the die casting auto parts market.

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What Long-Term Trends Will Define the Future of the Die Casting Auto Parts Market?
Prominent firms are actively involved in the die casting auto parts industry and are centered on the creation of innovative products like advanced multi-cylinder clamping systems. These companies aim to enhance precision, streamline operations, and boost the production of large, intricate automotive components. Multi-cylinder clamping systems are mechanisms employed in die casting machines; they utilize numerous synchronized cylinders for a firm and even closure of the mould. This helps to cut down on die strain, enhance part accuracy, allow larger and complex moulds, and increase operational efficiency. For example, in September 2024, China's YIZUMI Machinery Co., Ltd. unveiled NEXT2 series 2-platen die casting machine. The machine, equipped with a RAPTOR multi-cylinder locking unit, Dolphin intelligent control system, and Yi-Cast high-speed injection unit, is engineered to cater to the burgeoning demand for large, high-precision automotive parts. The focus lies especially on new energy vehicles, while simultaneously making significant enhancements to energy efficiency, production pace, and manufacturing accuracy in general. With the integration of proprietary technology, the NEXT2 series is able to surmount persistent technical issues faced in large-scale die casting like extended die locking periods and irregular pressure distribution.

Which Segments in the Die Casting Auto Parts Market Offer the Most Profit Potential?
The die casting auto parts market covered in this report is segmented as

1) By Product Type: Aluminum Die Casting, Magnesium Die Casting, Zinc Die Casting, Other Product Types
2) By Manufacturing Process: High-Pressure Die Casting, Low-Pressure Die Casting, Gravity Die Casting, Vacuum Die Casting, Expendable Die Casting
3) By Vehicle Type: Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles
4) By Application: Engine Components, Transmission Components, Chassis And Suspension Parts, Electrical Housings, Body And Interior Parts
5) By End-User Industry: Automotive Industry, Commercial Vehicles, Electric Vehicles (EVS), Aerospace And Aviation, Consumer Electronics

Subsegments:
1) By Aluminum Die Casting: Cylinder Blocks, Brake Housings, Pump Housings, Cooling System Components
2) By Magnesium Die Casting: Gearbox Housings, Steering Components, Electronic Housings, Structural Components
3) By Zinc Die Casting: Door Handles, Locks And Latches, Fasteners, Decorative Components
4) By Other Product Types: Copper Die Casting Parts, Titanium Die Casting Parts, Nickel Die Casting Parts, Specialty Alloy Components

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Which Firms Dominate the Die Casting Auto Parts Market by Market Share and Revenue in 2025?
Major companies operating in the die casting auto parts market are Magna International Inc., Aluminum Corporation of China Limited., Alcoa Corporation, Rheinmetall Automotive AG, Linamar Corporation, Nemak Europe GmbH, Georg Fischer AG, Bühler AG, Endurance Technologies Limited, Guangdong Hongtu Technology Co. Ltd., Ahresty Corporation, Pace Industries Inc., Ningbo Xusheng Auto Technology Co. Ltd., Sandhar Technologies Limited, Chicago White Metal Casting Inc., PHB Inc., Apex Aluminum Die Casting Company Inc., RCM Industries Inc., A&B Die Casting Inc., Hindustan Castings Private Limited

Which Regions Offer the Highest Growth Potential in the Die Casting Auto Parts Market?
Asia-Pacific was the largest region in the die casting auto parts market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in die casting auto parts report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

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