Global Automotive Metal Die Casting Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Metal;

Aluminum, Zinc, Magnesium, and Others.

By Process Type;

High-Pressure Die Casting, Gravity Die Casting, Low-Pressure Die Casting, and Others.

By Application;

Structural Components, Engine Parts, Transmission Components, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn780243184 Published Date: May, 2024 Updated Date: June, 2024


Global Automotive Metal Die Casting Market (USD Million), 2020 - 2030

In the year 2023, the Global Automotive Metal Die Casting Market was valued at USD 4,584.33 million. The size of this market is expected to increase to USD 8,246.71 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 8.8%.

The global automotive metal die casting market is a dynamic sector at the forefront of automotive manufacturing, driving innovation and efficiency in vehicle production worldwide. Die casting, a process that involves injecting molten metal into molds at high pressures, plays a pivotal role in shaping various automotive components, ranging from engine parts to structural elements. As automotive manufacturers continually strive for lightweight, durable, and cost-effective solutions, metal die casting emerges as a cornerstone technology meeting these demands.

Electric and autonomous vehicles, the automotive industry is undergoing a profound transformation, placing even greater emphasis on advanced manufacturing techniques like metal die casting. This market is witnessing a surge in demand for lightweight materials such as aluminum and magnesium, which not only reduce vehicle weight but also enhance fuel efficiency and performance. Moreover, stringent regulatory standards concerning emissions and safety drive the adoption of innovative die casting technologies to meet these requirements while maintaining competitive pricing and production scalability.

The global automotive metal die casting market is characterized by intense competition and rapid technological advancements. Market players are investing in research and development to improve die casting processes, including precision, speed, and material efficiency. Additionally, strategic collaborations and partnerships between automotive OEMs and die casting suppliers are fostering innovation and expanding market reach. As the automotive industry continues to evolve, the metal die casting market remains pivotal in enabling the production of high-quality, sustainable vehicles that meet the needs of today's discerning consumers while addressing the challenges of tomorrow's mobility landscape.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Metal
    2. Market Snapshot, By Process Type
    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
  4. Global Automotive Metal Die Casting Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Lightweighting
        2. Demand for Electric Vehicles (EVs)
        3. Cost Efficiency
      2. Restraints
        1. Raw Material Price Volatility
        2. High Initial Investment
        3. Energy Intensive Processes
      3. Opportunities
        1. Collaborations and Partnerships
        2. Growing EV Infrastructure
        3. Customization and Personalization
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Automotive Metal Die Casting Market, By Metal, 2020 - 2030 (USD Million)
      1. Aluminum
      2. Zinc
      3. Magnesium
      4. Others
    2. Global Automotive Metal Die Casting Market, By Process Type, 2020 - 2030 (USD Million)
      1. High-Pressure Die Casting
      2. Gravity Die Casting
      3. Low-Pressure Die Casting
      4. Others
    3. Global Automotive Metal Die Casting Market, By Application, 2020 - 2030 (USD Million)
      1. Structural Components
      2. Engine Parts
      3. Transmission Components
      4. Others
    4. Global Automotive Metal Die Casting Market, By Geography, 2020 - 2030 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Kkr Metal Components
      2. Neapco
      4. Hexie Metal Die Casting Co.,Ltd
      5. Nemak
      6. Ryobi Limited
      7. Dynacast
      8. Endurance Technologies Limited
      9. Sandhar Technologies Limited
      10. Georg Fischer Automotive
      11. Martinrea International Inc.
  7. Analyst Views
  8. Future Outlook of the Market