Global Automotive Metal Casting Market By Material (Iron, Aluminium, Magnesium, Zinc, Others), Process (Gravity, High & Low Pressure, Sand Casting), Application (Body Assembly, Engine, Transmission), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa), Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Automotive Metal Casting Market
Automotive metal casting market is expected to grow at a rate of 8.10% in the forecast period of 2021 to 2028. Data Bridge Market Research report on automotive metal casting market provides analysis and insights regarding the factor such as increasing demand of metal casting due to their durability and longer life.
Surging levels of investment that will help in the development of advanced technologies to reduce manufacturing cost as well as improve product quality, growing automotive sector, increasing competition among the market players are some of the factors that will likely to enhance the growth of the automotive metal casting market in the forecast period of 2021-2028. On the other hand, increasing usage of metal casting due to low cost and light weight will further boost various opportunities that will lead to the growth of automotive metal casting market in the above mentioned forecast period.
Increasing cost of metals will act as a market restraint for automotive metal casting in the above mentioned forecasted period.
This automotive metal casting market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on automotive metal casting market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Automotive Metal Casting Market Scope and Market Size
Automotive metal casting market is segmented on the basis of material, process and application. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- Automotive metal casting market on the basis of material has been segmented as iron, aluminium, magnesium, zinc, and others.
- Based on process, automotive metal casting market has been segmented into gravity, high & low pressure, and sand casting.
- On the basis of application, automotive metal casting market has been segmented into body assembly, engine, and transmission.
Automotive Metal Casting Market Country Level Analysis
Automotive metal casting market is analysed and market size, volume information is provided by country, material, process and application as referenced above.
The countries covered in the automotive metal casting market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America will dominate the automotive metal casting market due to increasing demand of automobile by the growing number of population along with rising usage of metal casting in various industries while Asia-Pacific will expect to grow in the forecast period of 2021-2028 due to increasing number of development in metal casting in India, China and Japan along with initiatives such as make in India campaign will boost the growth of the market.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Automotive Metal Casting Market Share Analysis
Automotive metal casting market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to automotive metal casting market.
The major players covered in the automotive metal casting market report are Nemak., Ryobi Limited., Georg Fischer Ltd., Rheinmetall Automotive AG, Ahresty Corporation, Dynacast., Endurance Technologies Limited., MINO Industry USA, Inc., Acast, Aluminum Castings Company LLC, Alcoa Corporation, Bühler AG, Form Technologies, TOSHIBA MACHINE CO.,LTD, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.