Die Casting Machine for Automotive Global Market Size Forec - Maharashtra - Mumbai ID1550114

Die casting machine for automotive is a machine and equipment used to manufacture automobile parts. Die casting is one of the common manufacturing methods for automotive parts. The principle is to use a press to hydraulically inject metal into a mold. The advantage is that metal parts with complex shapes and thin walls can be produced. This manufacturing method can efficiently produce complex-shaped metal parts with consistent quality and high production speed, so it is widely used in the automotive manufacturing industry. The automotive industry uses die casting machines to produce various automotive parts, such as engine parts, body structural parts, chassis parts, etc.

According to the new market research report "Global Die Casting Machine for Automotive Market Report 2023-2029", published by QYResearch, the global Die Casting Machine for Automotive market size is expected to reach USD 2644.3 million by 2029, at a CAGR of 6.3% during the forecast period.

This report profiles key players of Die Casting Machine for Automotive such as Buhler, Shibaura Machine, Oskar Frech, YIZUMI, UBE Machinery, Toyo Machinery & Metal, ItalPresseGauss, OMS Presse, Idra Group, Zitai Precision Machinery, LK Technology, Colosio Srl, Birch Machinery, Suzhou Sanji, Haitian Die Casting, Wuxi Xinjiasheng, Dongfang Die-casting Machine Tool, Guannan Die Casting Machine.

In 2022, the global top five Die Casting Machine for Automotive players account for 57% of market share in terms of revenue. Above figure shows the key players ranked by revenue in Die Casting Machine for Automotive.

Market Drivers:

1. The trend of automobile lightweighting and the growing demand for new energy vehicles are the core driving forces for automotive die-casting machines.

2. High-strength steel and aluminum alloy castings generally require die-casting. The die-casting process is an important means of realizing lightweight automobiles.

Restraint:

With the development of automobile manufacturing technology, the technical requirements for die-casting machines are also increasing. Automotive die-casting machine manufacturers need to continuously invest in R&D and innovation to adapt to new needs and improve product performance, which requires a large amount of technical investment and talent reserves.

Opportunity:

Int egrated die-casting refers to the use of an extra-large tonnage die-casting machine to highly integrate multiple separate, dispersed parts and die-cast them into several large aluminum castings at one time, thus replacing the method of stamping and then welding or riveting combinations of multiple parts.

Since integrated die-casting technology can help car companies reduce manufacturing costs, most car companies have begun to deploy the integrated die-casting industry, thus promoting the trend of large-scale automotive die-casting machine markets.

In addition, with the intelligent transformation of the manufacturing industry and the requirements for energy conservation and emission reduction, automotive die-casting machines will become more intelligent and energy-saving in the future.

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