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Explore Global automotive parts aluminium die casting market is growing at a fair pace and is estimated to reach $82.12 billion with a CAGR of 7.34% during 2018-2024.

Automotive and Transportation Market Research

The report "Global Automotive Parts Aluminium Die Casting Market": By Type (Pressure, Vacuum, Squeeze, Semi-Solid); By Application (Body Assemblies, Engine Parts, Transmission Parts) & By Geography - Forecast (2018-2024).

Envision Inteligence estimates that Global Automotive Parts Aluminium Die Casting market is projected to reach $82.12 billion by the end of 2024 with a CAGR of 7.34% from $56.57 billion in 2018.

Introduction:

The process used to manufacture the metal parts with high reliability and accuracy by the use of moulds is called die casting and is used in the different automotive companies to manufacture different parts. Aluminium die casting is die casting done by Aluminium metal which is mostly preferred.

The moulds which are prepared by aluminium die casting are having the advantages like aluminium is recyclable and resistant to corrosion.

So the markets related to aluminium die casting are having inclined growth.

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Global automotive parts aluminium die casting market is having the increased growth due to advancements in technology and high efficiency. APAC is having the largest share when the markets related to the aluminium die casting are considered and followed by Europe and North America.

As there is trending growth in the sectors like transportation & construction the durability and ability to bear high temperature are influencing the application of cast aluminium products in the transportation and other sectors. Characteristics such as lightweight and strength of cast aluminium are the major factors driving the demand for aluminium casting.

There are many big firms which are emerging into die casting industry depending on advantages acquired by aluminium material and about to achieve fair pace during the forecast period.

Key players in the market include:

  • Chicago White Metal Casting Inc.
  • Sipra Engineers Pvt. Ltd.
  • Endurance Technologies Private Limited
  • Jaya Hind Industries Pvt. Ltd

 Reasons to access this report:

This report contains the in-depth analysis on the market and the estimations are done using volume and value data are further validated on three approaches including bottom-up, top-down and from top companies revenues to conclude the market estimations precisely and accurately considering all the parameters and market dynamics.

Key pointers in the report include:

  • Competitive landscape & market analysis is included in the report to understand the key companies’ position and Porter's Analysis, PESTLE analysis, SWOT Analysis& Y-O-Y analysis are performed to comprehend the market dynamics and key companies’ position during the next five years.
  • A team of analysts has analyzed and listed out the key drivers, constraints, challenges and emerging opportunities in all the industry verticals, which will specify the emerging scope of the market in end-user industries.
  • Industry value chain analysis is provided in the report to identify the key stakeholders and prominent players at each stage of the company along with the value addition at each stage of the value chain.
  • Complete analysis including global and regional trends, technological developments, and new product innovations are included in the report specific to each segment of the market.
  • A complete 360-degree analysis including product portfolio, business portfolio, developmental strategies, and key developments from the companies in the historical period for the key players operating in the market is included in the report.

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