- March 9, 2021
- Category: Chemicals and Compounds, Chemicals and Material
Global Die Casting ServicesMarket Size study, byProduct type (High Pressure Casting, Low Pressure Casting, Gravity Casting) by Application (Telecom, Consumer Goods, Automotive, Electronics, Aerospace and Defence, Other Applications) and Regional Forecasts 2021-2027.
Chapter 1.Executive Summary 1.1. Market Snapshot 1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion) 1.2.1. Die Casting Services Market, by Region, 2019-2027 (USD Billion) 1.2.2. Die Casting Services Market, by Product type,2019-2027 (USD Billion) 1.2.3. Die Casting Services Market, by Applications, 2019-2027 (USD Billion) 1.3. Key Trends 1.4. Estimation Methodology 1.5. Research Assumption Chapter 2. Global Die Casting Services 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 Services Market Dynamics 3.1. Die Casting Services Market Impact Analysis (2019-2027) 3.1.1. Market Drivers 220.127.116.11. Reduction in emission 18.104.22.168. Technological Aadvancements 3.1.2. Market Challenges 22.214.171.124. Shortage of raw material 3.1.3. Market Opportunities 126.96.36.199. Increment in consumer electronics Chapter 4. Global Die Casting Services 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. Economical 4.2.3. Social 4.2.4. Technological 4.3. Investment Adoption Model 4.4. Analyst Recommendation & Conclusion Chapter 5. Global Die Casting Services Market, by Product type 5.1. Market Snapshot 5.2. Global Die Casting Services Market by Product type, Performance - Potential Analysis 5.3. Global Die Casting Services Market Estimates & Forecasts by Product type2018-2027 (USD Billion) 5.4. Die Casting Services Market, Sub Segment Analysis 5.4.1. High pressure casting 5.4.2. Low pressure casting 5.4.3. Gravity casting Chapter 6. Global Die Casting ServicesMarket, by Applications 6.1. Market Snapshot 6.2. Global Die Casting Services Market by Applications, Performance - Potential Analysis 6.3. Global Die Casting Services Market Estimates & Forecasts by Applications2018-2027 (USD Billion) 6.4. Die Casting Services Market, Sub Segment Analysis 6.4.1. Telecom 6.4.2. Consumer goods 6.4.3. Automotive 6.4.4. Electronics 6.4.5. Aerospace and defence 6.4.6. Other applications Chapter 7. Global Die Casting Services Market, Regional Analysis 7.1. Die Casting Services Market, Regional Market Snapshot 7.2. North America Die Casting Services Market 7.2.1. U.S.Die Casting Services Market 188.8.131.52. Product typebreakdown estimates & forecasts, 2018-2027 184.108.40.206. Applicationsbreakdown estimates & forecasts, 2018-2027 7.2.2. CanadaDie Casting Services Market 7.3. Europe Die Casting Services Market Snapshot 7.3.1. U.K. Die Casting Services Market 7.3.2. Germany Die Casting Services Market 7.3.3. France Die Casting Services Market 7.3.4. Spain Die Casting Services Market 7.3.5. Italy Die Casting Services Market 7.3.6. Rest of EuropeDie Casting Services Market 7.4. Asia-PacificDie Casting Services Market Snapshot 7.4.1. China Die Casting Services Market 7.4.2. India Die Casting Services Market 7.4.3. JapanDie Casting Services Market 7.4.4. Australia Die Casting Services Market 7.4.5. South Korea Die Casting Services Market 7.4.6. Rest of Asia PacificDie Casting Services Market 7.5. Latin America Die Casting Services Market Snapshot 7.5.1. Brazil Die Casting Services Market 7.5.2. Mexico Die Casting Services Market 7.6. Rest of The World Die Casting Services Market Chapter 8. Competitive Intelligence 8.1. Top Market Strategies 8.2. Company Profiles 8.2.1. Spark Minda 220.127.116.11. Key Information 18.104.22.168. Overview 22.214.171.124. Financial (Subject to Data Availability) 126.96.36.199. Product Summary 188.8.131.52. Recent Developments 8.2.2. NEMAK 8.2.3. Ryobi Limited 8.2.4. Kuusakoski Group 8.2.5. Linamar Corporation 8.2.6. Carlton Die Casting Ltd. 8.2.7. Form Technologies 8.2.8. Koch Enterprises Ltd. 8.2.9. Premier Die Casting Company 8.2.10. JPM Group Chapter 9. Research Process 9.1. Research Process 9.1.1. Data Mining 9.1.2. Analysis 9.1.3. Market Estimation 9.1.4. Validation 9.1.5. Publishing 9.2. Research Attributes 9.3. Research Assumption
Global Die Casting ServicesMarket is valued approximately USD 65.5 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 6.19% over the forecast period 2021-2027. Die casting is a method of producing metal parts that are precisely positioned, sharply defined, smooth or layered on the surface. It is actually achieved by pressuring molten metal through refillable metal dies under high pressure. The demand for environmentally friendly vehicles is growing as more focus is placed on environmental protection. Lightweight components are becoming increasingly popular in order to comply with environmental standards and regulations in order to achieve maximum fuel efficiency and low emissions. In addition, the Environmental Protection Agency (EPA) is gradually taking steps to reduce emissions, such as implementing stricter standards and improving the miles per gallon level. As a result, demand for die castings is expected to increase in the coming decade.Automation is becoming more widely used in the aluminum die casting industry, which increases efficiency and improves the cast’s longevity while requiring minimal finishing. In the transportation and manufacturing industries, the die casting market is showing promising growth potential. Furthermore, technological advancements in die casting machines are forecasted to provide profitable growth potential for the die casting machines market in the upcoming years. For example, in January 2018, Italpresse Gauss, a subsidiary of Norican, introduced two energy-efficiency solutions: ECO-FIT Mode and ECO-FIT Plus.ECO-FIT Plus decreased power consumption by up to 60% after installation. These alternatives are embedded into enhanced die casting cells in order to lessen machine power consumption.However, heavy die casting requires a process that is both appropriate and accurate. Another big problem is that the industry is facing is a shortage of raw materials. Aside from that, the market’s growth is hampered by raw material price fluctuations.Also, their widespread use in the consumer electronics industry for the production of necessary components, a rise in consumer purchasing power, urbanization and industrialization, the growth of end-user industries in particular, and a rise in disposable income all have a positive impact on the die casting services sector, which presents a market opportunity.
North America has the largest passenger vehicle sales, followed by the United States and Canada. The die casting market in the area is expected to develop as a result of this. Favorable policies implemented by governments in the country are also expected to open up opportunities for growth. Because of the standards set by the American Society of Mechanical Engineers (ASME) and the American National Standards Institute (ANSI), the North American die casting industry has the finest quality product standards in the world. With a CAGR of 4.4 percent, the area is expected to continue to rise steadily over the forecast timeframe.The die casting services market in East Asia is expanding at a rapid pace. Increased competition for goods and services and automobiles, developing countries in the region are contributing to this development.
Major market player included in this report are:
Carlton Die Casting Ltd.
Koch Enterprises Ltd.
Premier Die Casting Company
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 Product type:
High Pressure Casting
Low Pressure Casting
Aerospace and Defence
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 ServicesMarket in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers