Automotive Steel Casting Market

Increasing requirement for automotive vehicles in different end-use industries is expected to drive the automotive steel casting market. In automotive steel casting, the steel is heated until it reaches a molten state and subsequently, this liquid steel is used to manufacture various components of the vehicle. In this process, liquid steel is delivered into the hollow mold, which has different shape and size. Once the steel is cooled, it is removed from the mold as a finished product. This steel casting is also called as hot chamber die casting, which is commonly utilized to manufacture complex shapes and structures of the vehicle.

Automotive Steel Casting Market aims to provide a comprehensive presentation of the global market for Automotive Steel Casting, 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 Automotive Steel Casting. Automotive Steel Casting Market contains market size and forecasts of Automotive Steel Casting in global, including the following market information:

Global Automotive Steel Casting Market Revenue, 2019-2024, 2025-2030, ($ millions)

Global Automotive Steel Casting Market Sales, 2019-2024, 2025-2030, (K Units)

Global top five Automotive Steel Casting companies in 2023 (%)

The global Automotive Steel Casting market was valued at US$ million in 2023 and is projected to reach US$ million by 2030, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

The U.S. Market is Estimated at $ Million in 2023, While China is Forecast to Reach $ Million.

Gravity Casting Segment to Reach $ Million by 2030, with a % CAGR in next six years.

The global key manufacturers of Automotive Steel Casting include POSCO, ArcelorMittal S.A., Hitachi Metals Co., Ltd., ThyssenKrupp AG, TATA Steel, Baosteel Group Corporation, Voestalpine Group, Nucor Corporation and HBIS Group Co., Ltd., etc. in 2023, the global top five players have a share approximately % in terms of revenue.

We surveyed the Automotive Steel Casting 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 Automotive Steel Casting Market, by Type, 2019-2024, 2025-2030 ($ Millions) & (K Units)

Global Automotive Steel Casting Market Segment Percentages, by Type, 2023 (%)

Gravity Casting

High-Pressure Die Casting (HPDC)

Low-Pressure Die Casting (LPDC)

Sand Casting

Global Automotive Steel Casting Market, by Application, 2019-2024, 2025-2030 ($ Millions) & (K Units)

Global Automotive Steel Casting Market Segment Percentages, by Application, 2023 (%)

Passenger Car

Light Commercial Vehicle

Heavy Commercial Vehicle

Electric Vehicle

Hybrid Electric Vehicle

Plug-in Hybrid Electric Vehicle

Global Automotive Steel Casting Market, By Region and Country, 2019-2024, 2025-2030 ($ Millions) & (K Units)

Global Automotive Steel Casting Market Segment Percentages, By Region and Country, 2023 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Automotive Steel Casting revenues in global market, 2019-2024 (Estimated), ($ millions)

Key companies Automotive Steel Casting revenues share in global market, 2023 (%)

Key companies Automotive Steel Casting sales in global market, 2019-2024 (Estimated), (K Units)

Key companies Automotive Steel Casting sales share in global market, 2023 (%)

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

POSCO

ArcelorMittal S.A.

Hitachi Metals Co., Ltd.

ThyssenKrupp AG

TATA Steel

Baosteel Group Corporation

Voestalpine Group

Nucor Corporation

HBIS Group Co., Ltd.

Nippon Steel Corporation

Outline of Major Chapters:

Chapter 1: Introduces the definition of Automotive Steel Casting, market overview.

Chapter 2: Global Automotive Steel Casting market size in revenue and volume.

Chapter 3: Detailed analysis of Automotive Steel Casting 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 Automotive Steel Casting 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 Automotive Steel Casting 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.