Aluminum is among the major material which is getting deploy in vehicles increasing owing to be lightweight and being corrosive resistance. Body parts, transmission parts, engine parts, and suspensions are among the aluminum parts which used in vehicle. For casting these material processes such as pressure die casting, vaccum die casting, squeeze die casting, and gravity die casting are widely practiced.
MARKET DYNAMICS
The automotive aluminum parts die casting market is experiencing significant growth owing to the increasing adoption of lightweight components in automotive. However, fluctuating prices of raw material can hamper the growth of automotive aluminum parts die casting market. Meanwhile, increasing sales of automotive is expected to flourish the automotive aluminum parts die casting market.
MARKET SCOPE
The "Automotive Aluminum Parts Die Casting Market Analysis to 2028" is a specialized and in-depth study of the manufacturing and construction with a special focus on the global market trend analysis. The report aims to provide an overview of automotive aluminum parts die casting market with detailed market segmentation by technology, application, vehicle type, and geography. The global automotive aluminum parts die casting market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading automotive aluminum parts die casting market players and offers key trends and opportunities in the automotive aluminum parts die casting market.
MARKET SEGMENTATION
The global automotive aluminum parts die casting market is segmented on the basis of technology, application, and vehicle type. Based on technology, the market is segmented into high pressure die casting, low pressure die casting, and others. On the basis of application, the market is segmented as body parts, transmission parts, engine parts, and others. On the basis of vehicle type, the market is segmented as passenger cars and commercial vehicles.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global automotive aluminum parts die casting market based on various segments. It also provides market size and forecast estimates from year 2018 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The automotive aluminum parts die casting market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting automotive aluminum parts die casting market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive porters five forces analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the automotive aluminum parts die casting market in these regions.
MARKET PLAYERS
The reports cover key developments in the automotive aluminum parts die casting market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from automotive aluminum parts die casting market are anticipated to lucrative growth opportunities in the future with the rising demand for automotive aluminum parts die casting market. Below mentioned is the list of few companies engaged in the automotive aluminum parts die casting market.
IMPACT OF COVID-19 ON AUTOMOTIVE ALUMINUM PARTS DIE CASTING MARKET
The outbreak of COVID-19 has significantly impacted various industries including the automotive industry. Containment measures were imposed by governments across the globe such as trade restriction and factor shutdown followed by limited personnel at workplaces in order to adhere to the norms of social distancing. Thus, the imposition of such measures has disrupted the supply chain of automotive industry in 2020. However, the automotive industry started to stabilize from Q4 of 2020 as economies started to reopen and containment measures were relaxed.
The report also includes the profiles of key automotive aluminum parts die casting market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Dynacast
- Endurance Technologies Limited
- GF Casting Solutions
- GIBBS
- Martinrea Honsel Germany GmbH
- Nemak
- Norican Group
- Rheinmetall AG
- Ryobi
- Shiloh Industries