Us Die Casting Auto Parts Market Size By Applications, By Type, By End-User, By Deployment & By Technology 2032
Die Casting Auto Parts Market was valued at USD 33.5 Billion in 2022 and is projected to reach USD 50.6 Billion by 2030, growing at a CAGR of 6.7% from 2024 to 2030.
The US Die Casting Auto Parts Market is witnessing significant growth, driven by the increasing demand for lightweight, durable, and cost-efficient automotive components. Die casting, a manufacturing process where molten metal is forced into a mold to form parts, has become essential in the production of critical automotive parts. As the automotive industry focuses on enhancing vehicle performance and reducing weight, die-cast components have become a go-to solution for automakers.
Die casting offers advantages such as precision, strength, and the ability to create complex geometries. The US auto parts market is leveraging these benefits, particularly in the production of engine components, transmission parts, and structural elements of vehicles. With the growing push towards electric vehicles (EVs), the demand for die-cast parts is further amplified. EVs require lightweight materials to enhance efficiency, making die-cast components highly valuable for manufacturers.
In recent years, advancements in die casting technologies, such as the use of high-pressure die casting (HPDC) and the adoption of aluminum die casting, have revolutionized the market. These technologies enable the production of more complex and lightweight components, contributing to improved fuel efficiency and vehicle performance. As automakers seek to meet regulatory requirements for fuel economy and emissions, die-casting has become a key process in the automotive supply chain.
Additionally, the automotive industry's focus on sustainability has fueled the adoption of die casting in producing eco-friendly auto parts. Aluminum die casting, in particular, is gaining traction due to its recyclability and lower environmental impact compared to traditional materials. Manufacturers are increasingly relying on recycled aluminum to create die-cast parts, further enhancing the sustainability of the production process.
In the broader context of industrial manufacturing, the US Die Casting Auto Parts Market also benefits from the increasing application of 100 Gigabit Fiber Optic Transceivers in vehicle communication systems. The integration of high-speed fiber optic communication in vehicles enhances data transfer speeds, enabling advanced driver-assistance systems (ADAS) and autonomous vehicle technologies. As the demand for such technologies grows, the need for die-cast components in supporting electronic systems becomes crucial.
Ultimately, the US Die Casting Auto Parts Market is expected to continue its growth trajectory as demand for lightweight, durable, and high-performance automotive parts rises. Manufacturers will likely continue to innovate in die-casting technologies to meet the evolving needs of the automotive industry. With advancements in materials, sustainability, and vehicle communication systems, die-casting remains a critical component in the future of automotive manufacturing.
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Alcoa
Dynacast International
Gibbs Die Casting
Ryobi
Georg Fischer
Ahresty
Martinrea Honsel
United Company Rusal
Nemak
Rockman Industries
Endurance
LTH Castings
IKD Company
Handtmann
DGS
Chalco
China Hongqiao
Guangdong Hongtu Technology
Guangdong Hongte Precision Technology
Guangdong Wencan Die Casting
Shanghai Shunfu Precision Technology
Ningbo Xusheng Auto Technology
Ningbo Sinyuan ZM Technology
Jiangsu Favour Automotive
Chongqing Yujiang Die Casting
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Die Casting Auto Parts Market
Aluminum Die Casting
Magnesium Die Casting
Zinc Die Casting
Copper Die Casting
Alloys (e.g., Aluminum-Silicon, Aluminum-Zinc)
Engine Components
Transmission Components
Chassis and Suspension Parts
Electrical Housings
Body and Interior Parts
High-Pressure Die Casting
Low-Pressure Die Casting
Gravity Die Casting
Vacuum Die Casting
Expendable Die Casting
Automotive Industry
Commercial Vehicles
Electric Vehicles (EVs)
Aerospace and Aviation
Consumer Electronics
Low Volume Production (up to 10,000 units/year)
Medium Volume Production (10,000 - 100,000 units/year)
High Volume Production (over 100,000 units/year)
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Die Casting Auto Parts Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Die Casting Auto Parts Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Die Casting Auto Parts Market, By Type
6. Global Die Casting Auto Parts Market, By Application
7. Global Die Casting Auto Parts Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Die Casting Auto Parts Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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