Press release
Automotive Metal Casting Market 2018 Global Industry Size, Share, Growth, Trends, and Regional Analysis To 2023
Global Automotive Metal Casting Market Synopsis:
Automotive metal casting market has witnessed a significant surge, mainly, due to the current hype regarding mobility services, autonomous driving, digitization and electric powertrains dominating the automotive industry. With the boom in automotive production, across the globe the automotive chassis and exterior account for a major share in the development of the automotive metal casting market. Weight reduction in vehicles is another major trend in the market that is expected to boost the demand, with manufacturers opting for lightweight materials to ensure reduction in emission rates. As a result, the use of lightweight materials such as aluminum, magnesium and zinc, has increased in the automotive industry. With major manufacturers and suppliers in the automotive industry competing at globally, the intensity of competition within the automotive industry has increased. Such intense competition is pushing various manufacturers and suppliers across the supply chain to develop high quality metal casting solutions to acquire greater market share.
Get Sample Copy of Report on Automotive Metal Casting Market spread across 111 Pages, Profiling Key Companies and Supported with Tables and Figures is now available at https://www.marketresearchfuture.com/sample_request/5447
Key Players:
Nemak (Mexico), Ryobi Limited (Japan), Rheinmetall Automotive (Germany), GF Automotive (Switzerland), Ahresty Corporation (Japan), and Dynacast (U.S.).
The automotive industry is in the nascent stage in the Middle East and the South America. The market for automotive metal casting is expected to have a steady growth during the forecast period. Overall shift in the global automotive industry is favoring the Asia Pacific region as a whole in leading the charge to be the next automotive powerhouse. On the basis of applications, the global automotive metal casting market has been segmented as chassis and exterior. On the basis of vehicle type the market has been segmented as passenger vehicle and commercial vehicle. On the basis of regions the market has been segmented as North America, Europe, Asia-Pacific, Middle East & Africa and Latin America.
Regional Analysis:
The automotive metal casting market is currently booming in the Asia Pacific region. Rapidly rising vehicle production in this region is one of the primary driving factors. Improving infrastructure in this region combined with improving living standards, have positively impacted the automotive industry, as a whole. Additionally a global shift has been witnessed in the Asia Pacific region providing opportunities to major manufacturers in the market in the form of tax cuts and government subsidies. Availability of cheap labor in this region has also been a key factor in the automotive metal casting market. China is the key growth driver as it is expected that its body safety structures will be adapted to European standards, including wider use of metal casting components.
North America and Europe are the other two leading regions, mainly due to the established automotive industry. Existence of major manufacturers in this region is also a key driver of the automotive metal casting industry. Heavy investment in research and development enables manufacturers in this region to develop new techniques and products to utilize the future market trends. A key trend in this region has been the development of the lightweight material so as to tackle the problem of high emission rates.
Intended Audience:
Distributer & Supplier companies
End-users
Consultants and Investment bankers
Government as well as Independent Regulatory Authorities
Product Analysis:
Product matrix which gives a detailed comparison of the market for different recycled product types
Additional Information:
Regulatory Landscape
Pricing Analysis
Macroeconomic Indicators
Geographic Analysis:
Geographical analysis across 15 countries
Company Information:
Profiling of 10 key market players
In-depth analysis including SWOT analysis, and strategy information of related to report title
Competitive landscape including emerging trends adopted by major companies
Access More Report Details at: https://www.marketresearchfuture.com/reports/automotive-metal-casting-market-5447
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
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Email: sales@marketresearchfuture.com
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