Automotive Die-casting Mould Market was valued at USD 4.5 Billion in 2022 and is projected to reach USD 7.8 Billion by 2030, growing at a CAGR of 7.5% from 2024 to 2030.
The automotive die-casting mould market experienced steady growth from 2018 to 2022, driven primarily by the increasing demand for lightweight, fuel-efficient, and high-performance vehicles. The demand for die-cast components in the automotive industry rose as automakers sought to reduce weight and improve durability, particularly in parts like engine blocks, transmission housings, and structural components. Additionally, advancements in die-casting technologies, such as the integration of aluminum and magnesium alloys, helped meet the demand for stronger, lighter parts at competitive prices.
During this period, the market saw significant developments in the die-casting moulds used in the manufacturing process. The expansion of electric vehicles (EVs) and the growing demand for electric car parts further fueled the automotive die-casting mould market. As automakers embraced electric powertrains, the need for specialized moulds for lightweight components like battery housings and motor casings emerged as a critical growth driver. Consequently, the global market witnessed innovations in mould design, material selection, and automation processes to accommodate these new demands.
Looking ahead to the period from 2023 to 2033, the automotive die-casting mould market is expected to experience continued growth, albeit at a more dynamic pace. This period will likely see the emergence of new technologies, including the use of 3D printing for mould production and the widespread adoption of smart manufacturing techniques. Furthermore, the ongoing transition to electric and hybrid vehicles is anticipated to significantly impact die-casting demand. The automotive industry’s shift toward sustainability and stricter emissions regulations will increase the need for lightweight die-cast components in vehicle designs, further driving market growth.
The global automotive die-casting mould market is also expected to benefit from the increasing use of aluminium die-casting for engine blocks and structural parts. With advancements in die-casting techniques, automotive manufacturers will be able to achieve more intricate designs, improved thermal efficiency, and enhanced mechanical properties. The rise of autonomous vehicles, with their sophisticated sensor and radar systems, is also likely to contribute to an increased demand for high-precision die-cast parts.
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Alcoa
Alcast
Ryobi
Consolidated Metco
Sichuan Chengfei Integration Technology Co.
Ltd.
Tianjin Motor Dies Company Limited
Dynacast
Martinrea Honsel
Gibbs 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 Automotive Die-casting Mould Market
Commercial Vehicle
Passenger Vehicle
Based on Types the Market is categorized into Below types that held the largest Automotive Die-casting Mould market share In 2023.
Aluminum
Steel
Others
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 Automotive Die-casting Mould 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 Automotive Die-casting Mould Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Automotive Die-casting Mould Market, By Type
6. Global Automotive Die-casting Mould Market, By Application
7. Global Automotive Die-casting Mould Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Automotive Die-casting Mould Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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