Global Gravity Die Casting Parts Market was valued at USD 1.10 Billion in 2022 and is projected to reach USD 1.60 Billion by 2030, growing at a CAGR of 4.80% from 2024 to 2030.
The gravity die casting parts market is experiencing significant growth, driven by advancements in manufacturing technologies and materials. This process, one of the oldest methods of die casting, involves pouring molten metal into a mold using gravity, resulting in accurately dimensioned, finely defined, and smooth or textured surface metal parts. The fundamental benefit of gravity die casting is its fast manufacturing speed, with reusable die tooling enabling the production of hundreds of castings per day. High-definition parts reduce machining costs, while higher surface finish saves finishing expenses. citeturn0search2
In the automotive industry, gravity die casting is a standard process for manufacturing high-integrity parts. This method produces fine-grained and dense structures with attractive mechanical properties, making it ideal for components like engine-related parts. However, the shift from combustion engines to electric vehicles has impacted the demand for die-casted parts. For instance, while a combustion engine contains approximately 200 casted parts, only around 25 are needed for an electric drivetrain. Factors such as lowering carbon emissions, increased government initiatives to promote the usage of lighter vehicles, and rapid development of technology in automotive die-casting machines are anticipated to boost demand in the market. citeturn0search0
Asia-Pacific dominates the gravity die casting parts market, driven by rapid industrialization and increasing investments in manufacturing and infrastructure development. The region's largest automotive market, China, is expected to see high demand for gravity die-casting due to government efforts to encourage the use of lightweight and energy-efficient components. Additionally, the rising popularity of electric vehicles in China presents new opportunities for the market. India, with its growing disposable incomes and focus on fuel efficiency, is also experiencing a growing demand for lightweight components. The government's 'Make in India' initiative and stringent emission norms are propelling the growth of the market in the country. citeturn0search1
In Europe and North America, stringent emission regulations and standards are influencing the automobile industry's sustainability. Regulatory frameworks like Euro 6 in Europe and emission performance standards maintained by the European Commission have led freight companies and fleet owners to adopt emission-reducing technologies. Vehicle weight reduction is necessary to meet emission reduction goals, driving the use of die-cast parts in vehicles. Automakers seek efficiency and carbon emission reduction, leading to the importance of lightweight aluminum die-casted parts. citeturn0search3
Despite the numerous opportunities, the gravity die casting parts market also faces certain challenges. One of the primary challenges is the high initial investment required for setting up advanced casting facilities and integrating automation technologies. Small and medium-sized enterprises may find it difficult to bear these costs, limiting their ability to compete with larger players in the market. Additionally, the market is highly competitive, with numerous established players and new entrants vying for market share. This intense competition can lead to pricing pressures and reduced profit margins for manufacturers, posing a significant threat to their growth and sustainability. citeturn0search4
Get an In-Depth Research Analysis of the Global Gravity Die Casting Parts Market Size And Forecast [2025-2032]
Rockman Industries
Endurance Technologies Limited
Minda Corporation Limited
Hitachi Metals Ltd
MAN Group Co. United Kingdom
MRT Castings Ltd
Harrison Castings Limited
Vostermans Companies
CIE Automotive
Sundaram Clayton Ltd
GWP Manufacturing Services AG
Shin Long
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 Gravity Die Casting Parts Market
Automotive
Electrical and Electronics
Industrial Applications
Others
Based on Types the Market is categorized into Below types that held the largest Gravity Die Casting Parts market share In 2023.
Gravity Die Casting Iron Parts
Gravity Die Casting Aluminum Parts
Others
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Global, 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 Gravity Die Casting 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 Gravity Die Casting Parts Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Gravity Die Casting Parts Market, By Type
6. Global Gravity Die Casting Parts Market, By Application
7. Global Gravity Die Casting Parts Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Gravity Die Casting Parts Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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