Aluminum Alloy Automotive Die Castings market

Aluminum Alloy Automotive Die Castings Market, Global Outlook and Forecast 2024-2030

  • 04 July 2024
  • Automotive and Transportation
  • 77 Pages
  • Report code : PMR-7968496

  • 4.7 (158)

Aluminum Alloy Automotive Die Castings Market

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The Global "Aluminum Alloy Automotive Die Castings Market" was valued at US$ 32960 million in 2023 and is projected to reach US$ 45130 million by 2030, at a CAGR of 4.6% during the forecast period.

Aluminum alloy automotive die castings are components made from aluminum alloy using the die casting process, where molten aluminum is injected into a mold to form precise, complex shapes. These castings are used in automotive applications for their lightweight, high strength, and excellent corrosion resistance properties.

  • Increasing Demand for Lightweight Vehicles: The demand for lightweight vehicles to enhance fuel efficiency and reduce emissions is driving the growth of aluminum alloy die castings in the automotive industry.

  • Technological Advancements: Innovations in die casting technology, including improved production techniques and material quality, are propelling market growth.

  • Expansion of Electric Vehicles (EVs): The rise in production and adoption of electric vehicles is contributing to the increased use of aluminum alloy die castings due to their lightweight and conductive properties.

  • Stringent Emission Regulations: Governments worldwide are implementing stringent emission regulations, pushing automotive manufacturers to use lightweight materials like aluminum alloys to comply with these standards.

  • Asia-Pacific Dominance: The Asia-Pacific region is expected to dominate the market due to the presence of major automotive manufacturers, increasing vehicle production, and growing investments in automotive infrastructure.

  • Challenges: The market faces challenges such as fluctuating raw material prices and the need for high initial investments in die casting equipment and technology.

  • Key Players: Prominent companies operating in the market include Nemak, Ryobi Limited, GF Casting Solutions, and Endurance Technologies, which are focusing on expanding their production capacities and enhancing their product portfolios to meet rising demand.

The global key manufacturers of Aluminum Alloy Automotive Die Castings include SOHWA, Akiba Die Casting, Vietnam Precision Industrial Joint Stock Company, SeoJin System and Pegasus VietNam Sewing Machine, etc. in 2023, the global top five players have a share approximately % in terms of revenue.

Aluminum Alloy Automotive Die Castings Market aims to provide a comprehensive presentation of the global market for Aluminum Alloy Automotive Die Castings, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Aluminum Alloy Automotive Die Castings. Aluminum Alloy Automotive Die Castings Market contains market size and forecasts of Aluminum Alloy Automotive Die Castings in global, including the following market information:

  • Global Aluminum Alloy Automotive Die Castings Market Revenue, 2019-2024, 2025-2030, ($ millions)
  • Global Aluminum Alloy Automotive Die Castings Market Sales, 2019-2024, 2025-2030, (K Units)
  • Global top five Aluminum Alloy Automotive Die Castings companies in 2023 (%)

We surveyed the Aluminum Alloy Automotive Die Castings manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Aluminum Alloy Automotive Die Castings Market, by Type, 2019-2024, 2025-2030 ($ Millions) & (K Units)

Global Aluminum Alloy Automotive Die Castings Market Segment Percentages, by Type, 2023 (%)

  • Pressure Die Casting
  • Vacuum Die Casting
  • Others

Global Aluminum Alloy Automotive Die Castings Market, by Application, 2019-2024, 2025-2030 ($ Millions) & (K Units)

Global Aluminum Alloy Automotive Die Castings Market Segment Percentages, by Application, 2023 (%)

  • Body Parts
  • Engine Parts
  • Gearbox Parts
  • Others

Global Aluminum Alloy Automotive Die Castings Market, By Region and Country, 2019-2024, 2025-2030 ($ Millions) & (K Units)

Global Aluminum Alloy Automotive Die Castings Market Segment Percentages, By Region and Country, 2023 (%)

  • North America (United States, Canada, Mexico)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
  • The Middle East and Africa (Middle East, Africa)
  • South and Central America (Brazil, Argentina, Rest of SCA)

Competitor Analysis

The report also provides analysis of leading market participants including:

  • Key companies Aluminum Alloy Automotive Die Castings revenues in global market, 2019-2024 (Estimated), ($ millions)
  • Key companies Aluminum Alloy Automotive Die Castings revenues share in global market, 2023 (%)
  • Key companies Aluminum Alloy Automotive Die Castings sales in global market, 2019-2024 (Estimated), (K Units)
  • Key companies Aluminum Alloy Automotive Die Castings sales share in global market, 2023 (%)

Further, the report presents profiles of competitors in the market, key players include:

  • SOHWA
  • Akiba Die Casting
  • Vietnam Precision Industrial Joint Stock Company
  • SeoJin System
  • Pegasus VietNam Sewing Machine

Outline of Major Chapters:

Chapter 1: Introduces the definition of Aluminum Alloy Automotive Die Castings, market overview.

Chapter 2: Global Aluminum Alloy Automotive Die Castings market size in revenue and volume.

Chapter 3: Detailed analysis of Aluminum Alloy Automotive Die Castings manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various 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.

Chapter 5: 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.

Chapter 6: Sales of Aluminum Alloy Automotive Die Castings in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

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.

Chapter 8: Global Aluminum Alloy Automotive Die Castings capacity by region & country.

Chapter 9: Introduces 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.

Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 11: The main points and conclusions of the report.

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