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Global Die Casting Market to reach USD XX million by 2027.

Global Die Casting Market Size study, by Application (Automotive, Electrical and Electronics, Industrial Applications and Others), by Process (Pressure Die Casting, Vacuum Die Casting, Squeeze Die Casting and Others), by Raw Material (Aluminum, Magnesium and Zinc), and Regional Forecasts 2021-2027

Product Code: ALTAWT-39394671
Publish Date: 20-01-2023
Page: 200

Global Die Casting Market is valued approximately at USD XX Million in 2020 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2021-2027. Die casting is an automated casting process in which the liquid melt is pressed into a mold under high pressure and at a high filling speed. Growing end-use industries such as automobiles, construction, electronics industry and others coupled with deployment of die-cast parts as a weight reduction strategy are fueling growth in the market. According to Statista, construction industry spending worldwide increased from USD 11.5 trillion in 2018 to USD 12 trillion in 2019 and reached USD 12.5 trillion in 2020. Also, according to India Brand Equity Foundation, export of automobile from India has increased from 436,500 units in April 2020 to June 2020 to 1,419,430 units from April 2021 to June 2021. Furthermore, growing strategic initiatives by market players to cater the rising demand coupled with technological advancements in the industry are expected to inject growth in the near future. In March 2021, Sandhar Technologies signed a Memorandum of Understanding with Unicast Autotech for acquisition of its AluminiumDie Casting Business. However, volatile raw material prices and crunch in raw material supply are anticipated to hamper the growth in coming years.

Among Asia Pacific, North America, Europe, Latin America, and Rest of the World, Asia Pacific is the leading region across the world in terms of market share and is also anticipated to show significant growth in coming years, owing to rapid growth of the end-use industries such as manufacturing and electronics and growing demand for light weight metal components in the region.
Major market player included in this report are:

Consolidated Metco
Diecasting Solutions
Endurance Technologies
Georg Fischer
Gibbs Die Casting
Kurt Die Casting
Global Autotech
Gnutti Carlo
Hitachi Metals
JPM Group

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Application:
Electrical and Electronics
Industrial Applications
By Process:
Pressure Die Casting
Vacuum Die Casting
Squeeze Die Casting
By Raw Material:

By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027.

Target Audience of the Global Die Casting Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
1.2.1. Die Casting Market, by region, 2019-2027 (USD Billion)
1.2.2. Die Casting Market, by Application, 2019-2027 (USD Billion)
1.2.3. Die Casting Market, by Process, 2019-2027 (USD Billion)
1.2.4. Die Casting Market, by Raw Material, 2019-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Die Casting Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Die Casting Market Dynamics
3.1. Die Casting Market Impact Analysis (2019-2027)
3.1.1. Market Drivers Growing end-use industries Deployment of die-cast parts as a weight reduction strategy
3.1.2. Market Restraint Volatile raw material prices Crunch in raw material supply
3.1.3. Market Opportunities Technological advancements Growing strategic initiatives
Chapter 4. Global Die Casting Market: Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economic
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Die Casting Market, by Application
5.1. Market Snapshot
5.2. Global Die Casting Market by Application, Performance – Potential Analysis
5.3. Global Die Casting Market Estimates & Forecasts by Application 2018-2027 (USD Billion)
5.4. Die Casting Market, Sub Segment Analysis
5.4.1. Automotive
5.4.2. Electrical and Electronics
5.4.3. Industrial Applications
5.4.4. Others
Chapter 6. Global Die Casting Market, by Process
a. Market Snapshot
6.1. Global Die Casting Market by Process, Performance – Potential Analysis
6.2. Global Die Casting Market Estimates & Forecasts by Process 2018-2027 (USD Billion)
6.3. Die Casting Market, Sub Segment Analysis
6.3.1. Pressure Die Casting
6.3.2. Vacuum Die Casting
6.3.3. Squeeze Die Casting
6.3.4. Others
Chapter 7. Global Die Casting Market, by Raw Material
b. Market Snapshot
7.1. Global Die Casting Market by Raw Material, Performance – Potential Analysis
7.2. Global Die Casting Market Estimates & Forecasts by Raw Material 2018-2027 (USD Billion)
7.3. Die Casting Market, Sub Segment Analysis
7.3.1. Aluminium
7.3.2. Magnesium
7.3.3. Zinc
Chapter 8. Global Die Casting Market, Regional Analysis
8.1. Die Casting Market, Regional Market Snapshot
8.2. North America Die Casting Market
8.2.1. U.S. Die Casting Market Application breakdown estimates & forecasts, 2018-2027 Process breakdown estimates & forecasts, 2018-2027 Raw Material breakdown estimates & forecasts, 2018-2027
8.2.2. Canada Die Casting Market
8.3. Europe Die Casting Market Snapshot
8.3.1. U.K. Die Casting Market
8.3.2. Germany Die Casting Market
8.3.3. France Die Casting Market
8.3.4. Spain Die Casting Market
8.3.5. Italy Die Casting Market
8.3.6. Rest of Europe Die Casting Market
8.4. Asia-Pacific Die Casting Market Snapshot
8.4.1. China Die Casting Market
8.4.2. India Die Casting Market
8.4.3. Japan Die Casting Market
8.4.4. Australia Die Casting Market
8.4.5. South Korea Die Casting Market
8.4.6. Rest of Asia Pacific Die Casting Market
8.5. Latin America Die Casting Market Snapshot
8.5.1. Brazil Die Casting Market
8.5.2. Mexico Die Casting Market
8.6. Rest of The World Die Casting Market
Chapter 9. Competitive Intelligence
9.1. Top Market Strategies
9.2. Company Profiles
9.2.1. Consolidated Metco Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
9.2.2. Diecasting Solutions
9.2.3. Endurance Technologies
9.2.4. Georg Fischer
9.2.5. Gibbs Die Casting
9.2.6. Kurt Die Casting
9.2.7. Global Autotech
9.2.8. Gnutti Carlo
9.2.9. Hitachi Metals
9.2.10. JPM Group
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
We are dedicated to clearly communicating the purpose and objectives of each research project in the final deliverables. Our process begins by identifying the specific problem or challenge our client wishes to address, and from there, we establish precise research questions that need to be answered. To gain a comprehensive understanding of the subject matter and identify the most relevant trends and best practices, we conduct an extensive review of existing literature, industry reports, case studies, and pertinent academic research.
Critical elements of methodology employed for all our studies include:
Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
After conducting the research, our experts analyze the findings in relation to the research objectives and the specific needs of the client. They generate valuable insights and recommendations that directly address the client’s business challenges. These insights are carefully connected to the research findings to provide a comprehensive understanding.
Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

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