Die Casting Machine Market Size shall reach a value of $4983.7 Million in 2027, growing with a CAGR of 9.3% during the forecast period of 2020 to 2027.
Market Definition / Research Scope
Die casting machines are industrial equipment that is used to manufacture or produce metal products by filling metal molds. The die casting machine files metal molds with light melted alloy, such as aluminum, tin, steel, carbon, bronze, and zinc. It takes part in the process of striking molten metal into a metal die under high pressure.
A die casting machine is utilized to generate sharply specified, valid dimensions, and textured or smooth surface metal parts by forcing molten metal into reusable metal dies under pressure. Die casting machines are used in a wide range of areas, which comprises engine components and high-strength suspension.
Furthermore, die casting is a production process that can manufacture measurably complex metal parts through the use of dies. Die casting machines are used by the automobile industry to produce delicate aluminum cast parts used in automotive assembly.
Die Casting Machine Market Growth and Trends
Driving factors for the Industry :
• The global die casting machines are facing extensive demand from various industries all over the world for performing the process of forcing moulding metals to reuse able metal die under high pressure this process is also used to manufacture precisely dimensioned defined, smooth and surface alloy and parts in various automobile and construction sector industry, thereby boosting the growth and demand for the global industrial die casting machine market within few years.
• Rapid popularity of the high pressure die casting owing to their usage in high volume production of alloy and high precision metal casting with excellent properties are also responsible for bolstering the demand and growth of the global industrial die casting machine market even more in the near future.
• Rapid trend of industrialization across the globe due to the need of industrial services to make a variety of alloy part in various shape and sizes is one of the major factors accelerating the growth and demand of the global industrial die casting machine market within forecasted time period.
• The rapidly rising trend of producing light weight metals in the automotive sector industries along with the growth in automobile sales, bolster the demand and growth of the global industrial die casting machine market.
• Growing adoption of technical advancements in the global industrial die casting machines are anticipated to provide ample opportunities for the growth of the market.
• The die casting machine provides fast cycle production porosity reduction and elimination of post machining work, are some of the major factors boosting the growth and demand for the global industrial die casting machine market in near future.
Challenges for the Industry :
• Despite the several advantages of the die casting machine in industrial manufacturing is often subjected to high capital investment and operational costs, due to which the machines are limited and thereby limited the growth and demand for the global industrial die casting machine market in next few years.
• Fluctuation in the prices of the raw material required in the industry, may hamper the growth and demand of the global industrial die casting machine market within the forecasted time period.
Die Casting Machine Market Regional Analysis
The US will dominate the market as it is the second largest producer of aluminium and magnesium die metal castings and one of the biggest automotive markets. The Asia Pacific (India, China, Japan, South Korea, and Australia) accounts for more than 55% of the global die casting marketing, among which the aluminium die casting market is the most significant contributor on account of the increased demand from the industrial sectors and telecommunications. Other countries like Vietnam, Indonesia, and Uganda have the cheapest lab or that contributes to the global market’s increment. Mexico, France, and the United Kingdom also provide a market for it. Countries of the Middle East and Africa are growing at a substantial rate on account of the industrial sector’s rapid growth.
Die Casting Machine Market Share and Competition
Key companies operating in this industry are: The Bühler Holding AG, Toshiba Machine Co., Ltd., Pace Industries, LLC Ltd., HMT Machine Tools Limited, YIZUMI-HPM Corporation, The Bühler Holding AG, Dynaquip Machines, Toshiba Machine Co., Ltd., Dynacast International, Oskar Frech GmbH + Co. KG, L.K. Technology Holdings, UBE Machinery, Inc., TOYO MACHINERY & METAL CO., Ltd. and Birch Machinery Company. Similar industries in this domain that is growing at a high CAGR include Multi-Head Filling Machines Market and Automated Filling Machines Market.
Die Casting Machine Market Research Report Analysis Highlights
• Historical data available (as per request)
• Estimation/projections/forecast for revenue and unit sales (2020 – 2027)
• Data breakdown for every market segment (2020 – 2027)
• Gross margin and profitability analysis of companies
• Price analysis of each product type
• Business trend and expansion analysis
• Import and export analysis
• Competition analysis/market share
• Supply chain analysis
• Client list and case studies
• Market entry strategy
Industry Segmentation and Revenue Breakdown
Product Type Analysis (Revenue, USD Million, 2020 - 2027)
• Hot-chamber die casting
• Cold-chamber die casting
End-user Analysis (Revenue, USD Million, 2020 - 2027)
• Automobile Industry
• Instruments
• 3C Industry ( Communication, Consumer Electronics, Computing)
• Government
• Construction
• Manufacturing
• Others
Capacity Analysis (Revenue, USD Million, 2020 - 2027)
• 80 to 180 ton
• 250 to 400 ton
• 500 to 800 ton
• 1100 ton to 2000 ton
• 1250 to 2250 tons
• Others
Die Types Analysis (Revenue, USD Million, 2020 - 2027)
• Single Cavity
• Multiple Cavity
• Combination and unit dies
Application Analysis (Revenue, USD Million, 2020 - 2027)
• Commercial
• Industrial
• Residential
Operation Type Analysis (Revenue, USD Million, 2020 - 2027)
• Fully-automatic
• Semi-automatic
• Manual
Region Analysis (Revenue, USD Million, 2020 - 2027)
• United States
• Canada
• Mexico
• France
• Germany
• Italy
• Spain
• United Kingdom
• Russia
• China
• India
• Philippines
• Malaysia
• Australia
• Austria
• South Korea
• Middle East
• Japan
• Africa
• Rest of World
Die Casting Machine Market Companies
• The Bühler Holding AG
• Toshiba Machine Co., Ltd.
• Pace Industries
• LLC Ltd.
• HMT Machine Tools Limited
• YIZUMI-HPM Corporation
• The Bühler Holding AG
• Dynaquip Machines
• Toshiba Machine Co., Ltd.
• Dynacast International
• Oskar Frech GmbH + Co. KG
• L.K. Technology Holdings
• UBE Machinery, Inc.
• TOYO MACHINERY & METAL CO., Ltd.
• Birch Machinery Company
Available Versions: -
United States Die Casting Machine Market Research Report
Europe Die Casting Machine Market Research Report
Asia Pacific Die Casting Machine Market Research Report
India Die Casting Machine Market Research Report
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