What Is Aluminum Die Casting?
Aluminum Die casting is a method used to create metal parts with smooth and rough surfaces. High-pressure systems are used in this manufacturing process, a metal casting technique, to force molten metal into a mold form in order to create intricate aluminum pieces.
| Aluminum Die Casting Market Features | Expected Growth | |
| Market Size in 2028 | USD 101.48 Billion | |
| Market Size in 2021 | USD 69.8 Billion | |
| Market Growth (2022-2028) | CAGR of 5.44% | |
| Base Year of Study | 2021 | |
| Trend Period | 2016-2020 | |
| Forecast Period | 2022-2028 | |
| Segment Covered | By Production Process Type: Pressure Die Casting (High Pressure Die Casting and Low Pressure Die Casting). By Application Type: Building & Construction, Telecommunication, Consumer Durables, Energy, Transportation, and Industrial. By Chamber Process Type (Hot Chamber Aluminum Die Casting and Cold Chamber Aluminum Die Casting), By Region (North America, Europe, Asia-Pacific, and Rest of the World). | |
| Dominant Region |
Segments Analysis
By Production Process Type:
Market segments include pressure die casting and others. In 2021, the pressure die-casting process type had a market share of more than 76.2%, and it is expected that it will continue to dominate the market during the evaluation period.
The characteristics of the pressure die casting technique, such as its smooth surface finish, increased dimension tolerance, and outstanding mechanical properties, have contributed to the segment’s growth.
By Application Type
The market is divided into the following categories: telecommunication, consumer durables, energy, building & construction, transportation, industrial, and others.
Due to the rising demand for lightweight cars with excellent fuel efficiency, the transportation segment, which had a market share of more than 62.8% in 2021, is expected to increase at the fastest rate in the market.
Regional Analysis
The global market is divided into four segments: Europe, North America, Asia-Pacific, and the rest of the world. Asia-Pacific, which comprised more than 50.2% of the global automotive market in 2021, is predicted to dominate all other regions over the assessment period as a result of rising industrialization, increased manufacturing, and rising auto demand.
Europe and North America are also likely to offer significant growth prospects during the assessment period.
Segmentation
The research report offers thorough insights into market dynamics to help readers formulate growth strategies based on industry opportunities and make informed business decisions.
These are the categories into which the market for aluminum die casting is divided:
By Production Process Type:
- Pressure Die Casting
- Type Analysis: High Pressure Die Casting and Low Pressure Die Casting
- Others
By Application Type:
- Transportation
Type Analysis: General Road Transportation, Sports Road Transportation, Heavy Vehicles, and Aerospace & Aviation
- Industrial
Type Analysis: Agricultural Equipment, Construction Equipment, and Others
- Building & Construction
- Telecommunication
- Consumer Durables
- Energy
- Others
By Chamber Process Type:
- Hot Chamber Aluminum Die Casting
- Cold Chamber Aluminum Die Casting
By Region:
- North America (Country Analysis: the USA, Canada, and Mexico)
- Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
- Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
- Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)
Research Methodology
This study offers top-notch insights and is the result of a thorough research approach that included in-depth secondary research, demanding primary interviews with industry players, and validation and triangulation using Research’s own internal database and statistical tools.
To collect both qualitative and quantitative insights, we performed over ten in-depth primary interviews with market leaders along the whole value chain in each of the four regions.
Report Features
This report is the most complete source of intelligence. The format of the report has been maintained to provide the most business value possible. It offers important perspectives into the dynamics and will help both current companies and those looking to enter the market make strategic decisions.
Report – Features
| Report – Features | |
| Segmentation | 4 |
| Regions Covered | 4 |
| Countries/Sub-Regions Covered | 17 |
| No. of Figures & Tables | >130 |
| Company Profiles | 10 |
The following are the report’s main points:
- Overview, supply chain analysis, and industry life cycle.
- Report environment analysis: growth factors and constraints, Porter’s five forces, and SWOT analysis.
- Trend and forecast analysis.
- Segment forecast and trend.
- The competitive atmosphere and dynamics: market share, the product line-up, new product introductions, etc.
- Profitable market segments and the related potential for growth.
- New emerging trends.
- Possibilities for the existing and new players to grow strategically.
- Important success factors.
- Customization Possibility
