Global Automotive Parts Die-Casting Market Analysis, Trends and Opportunities 2014-2022
A new market study, titled “Global Automotive Parts
Die-Casting Market Analysis, Trends and Opportunities 2014-2022” has
been featured on WiseGuyReports.
The Global Automotive
Parts Die-Casting market accounted for $7.0 billion in 2014 and is expected to
reach $12.8 billion by 2022 growing at a Compound Annual Growth Rate (CAGR) of
7.8% during the forecast period 2014 to 2022. The growing automobile industry
and amalgamation of lightweight parts in automobiles has influenced the market
growth. The Environmental Protection Agency (EPA) regulations raised mile per
gallon standards to 35.5 miles per gallon by 2016, and then 54.5 mpg by 2025
this requirement set by EPA is one of the prominent factors boosting the market
growth. Rules imposed by Occupational Safety and Health Administration (OSHA)
and initiatives by National Air Duct Cleaners Association (NADCA) to develop
the technical workforce in the die casting industry are anticipated to improve
the overall production of the market.
North America has the
largest market and accounts for more than 30% of the global market share driven
by the government initiatives, large-scale domestic production, and
availability of resources. In the United States, Aluminum Die-Casting market
for automobiles has matured and is witnessing stable growth over the past few
years. On the other hand, China with its magnesium reserve is anticipated to
emerge as the leading supplier of the magnesium die cast parts. India is
progressively growing as a hub for the automobile components manufacturers,
particularly for magnesium and zinc die cast auto parts. India and China are
expected to boost the global market during the forecast period strongly driven
by the rapid growth in automobile industry.
The key players in the
Automotive Parts Die-Casting market include Castwel Autoparts Pvt Ltd.,
Dynacast, Endurance Group, Mino Industry USA Inc., Kinetic Die Casting Company,
Sunbeam, Auto Pvt. Ltd, Gibbs Die Casting Group, Rockman Industries Ltd., Texas
Die Casting, and Sipra Engineers Pvt. Ltd
Product Types Covered:
• Pressure die casting
• Vacuum die casting
• Squeeze die casting
• Semi-solid die casting
Raw Material Type of
Automotive Parts Die-Casting Covered:
• Aluminum
• Zinc
• Magnesium
• Others
Applications Covered:
• Body assemblies
• Engine Parts
• Transmission parts
• Others
Regions Covered:
• North America
o US
o Canada
• Europe
o Germany
o France
o Italy
o UK
o Spain
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o Rest of Asia
• Rest of the World
o Latin America
o Middle East
o Africa
o Others
What our report offers:
- Market share assessments
for the regional and country level segments
- Market share analysis of
the top industry players
- Strategic
recommendations for the new entrants
- Market forecasts for a
minimum of 8 years of all the mentioned segments, sub segments and the regional
markets
- Market Trends (Drivers,
Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and
recommendations)
- Strategic
recommendations in key business segments based on the market estimations
- Competitive landscaping
mapping the key common trends
- Company profiling with
detailed strategies, financials, and recent developments
- Supply chain trends
mapping the latest technological advancements
advancements
FOR
MORE DETAILS: https://www.wiseguyreports.com/reports/4590593-automotive-parts-die-casting-market-outlook-global-trends
About Us:
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forecast data for industries and governments around the globe.
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