Metal Casting in Automotive Market size was valued at USD XX Billion in 2024 and is forecasted to grow at a CAGR of ZZ% from 2026 to 2033, reaching USD YY Billion by 2033.
In 2022, the global metal casting market was valued at USD 151.80 billion, with the automotive segment experiencing significant growth due to the increasing demand for lightweight and durable vehicle components. The market is projected to reach USD 312.74 billion by 2032, reflecting a compound annual growth rate (CAGR) of 7.7% during the forecast period. The adoption of metal casting in automotive manufacturing enhances vehicle performance and efficiency, particularly in the production of electric vehicles (EVs), where reducing weight is crucial. Regionally, Asia Pacific dominated the metal casting market in 2022, driven by robust automotive production in countries such as China, Japan, South Korea, and India. Notably, Chinas rapid adoption of EVs contributed significantly, with electric cars accounting for 29% of domestic car sales in 2022, up from 16% in 2021. North America also exhibited strong growth, with the United States producing 5 million vehicles in 2020, underscoring the regions substantial demand for metal cast components. In Europe, the market experienced moderate growth, supported by the expanding industrial sector and a notable increase in electric vehicle sales, which accounted for over 20% of all cars sold in 2022.
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Nemak
Ryobi Limited
GF Automotive
Rheinmetall Automotive
Ahresty Corporation
Dynacast
Endurance
Mino Industrial
Aisin Automotive Casting
Gibbs 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. 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 Metal Casting in Automotive Market
Engine Components
Transmission Components
Chassis Components
Suspension Components
Body Components
Exhaust Components
Other Automotive Components
Aluminum
Cast Iron
Magnesium
Steel
Other Alloys
Sand Casting
Die Casting
Investment Casting
Permanent Mold Casting
Shell Mold Casting
Other Processes
Internal Combustion Engine Vehicles
Electric Vehicles
Hybrid Vehicles
Commercial Vehicles
Heavy Duty Vehicles
Other Applications
Passenger Cars
Light Commercial Vehicles
Heavy Commercial Vehicles
Two-Wheelers
Other Vehicle Types
US (United States, US 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 Metal Casting in Automotive 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 Metal Casting in Automotive Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Metal Casting in Automotive Market, By Type
6. Global Metal Casting in Automotive Market, By Application
7. Global Metal Casting in Automotive Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Metal Casting in Automotive Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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