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 demand for die casting auto parts during this period was influenced by several key factors, including the rise in demand for electric vehicles (EVs), the focus on fuel efficiency, and the push for stricter emissions regulations. Automotive manufacturers sought to enhance vehicle performance while reducing weight to meet environmental standards. Additionally, die-cast parts offered excellent thermal conductivity and resistance to corrosion, making them ideal for high-performance engines, battery housings, and other EV components. These trends also aligned with the shift toward automation and smart manufacturing technologies, which further fueled the growth of the die casting auto parts market.
Looking ahead, the die casting auto parts market from 2023 to 2033 is expected to face new challenges and opportunities. As the automotive industry continues to evolve, the demand for more sustainable materials and processes will drive innovations in die casting techniques. The increasing penetration of electric vehicles in the market is likely to continue shaping the demand for lightweight and durable components, specifically for battery enclosures, powertrains, and structural elements. Advanced die casting methods such as high-pressure die casting (HPDC) and vacuum die casting are anticipated to gain traction, providing manufacturers with more precise and cost-efficient solutions.
While the global demand for die-cast auto parts will remain strong over the next decade, market players will need to adapt to evolving trends in electric mobility, material science, and environmental standards. Additionally, growing competition and supply chain challenges may push companies to explore new markets and technologies to maintain a competitive edge. Key players in the die casting auto parts sector will also have to focus on diversifying their product offerings and ensuring high-quality standards to meet the increasingly stringent requirements from the automotive industry.
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The global die casting auto parts market has experienced substantial growth from 2018 to 2022, driven by advancements in automotive manufacturing processes and increased demand for lightweight, high-performance components. The use of die casting, a technique where molten metal is injected into a mold to form complex shapes, has gained popularity in the automotive sector due to its efficiency and cost-effectiveness. In this period, die casting technology enabled automakers to produce parts with high precision, durability, and reduced weight. As a result, the market saw a steady increase in the adoption of die-cast aluminum and zinc components for automotive applications, ranging from engine parts to structural components and body parts.
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
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
Passenger Vehicles
Commercial Vehicles
Based on Types the Market is categorized into Below types that held the largest Die Casting Auto Parts market share In 2023.
Aluminum Die Casting
Magnesium Die Casting
Zinc Die Casting
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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