Aluminum Die-Casting Machine Market 2021: Analysis Report, Future Plans, Business Distribution, Application, Trend Outlook, Deployment Type and Business Opportunities| COVID-19 Analysis

Research Reports

Jan 22, 2021

Market Forecast

The Global Aluminum Die-Casting Machine Market is expected to exhibit a CAGR of 6% during the forecast period to reach USD 1.5 Billion by 2025.

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Segmentation

By Product Type: The product type segments are high-pressure die casting (HPDC), low-pressure die casting (LPDC), and others. The high-pressure die casting (HPDC) segment accounts for over 70% of the market share due to the unparalleled casting cycle time offered by these machines, making it the largest segment. These machines are well-suited for automation due to their complex mechanism. A high volume of aluminum can be shaped in a short amount of time, leading to the use of HPDC machines in the automotive, packaging, and construction industries. LPDC machines have slow casting cycle times but can produce complex patterns without compromising on structural integrity. Dense aluminum can be modeled using LPDC machines, which find applicability in the aerospace industry.

By Industry Vertical: The automotive segment is the largest as aluminum parts are increasingly replacing iron and steel components in automotive manufacturing. Aluminum is a lightweight metal which serves to greatly enhance the fuel efficiency of vehicles, a factor that is driving the growth of the segment. Aluminum parts are easy to replace and recycle, which further enhances their utility in the automotive industry. The power segment is also expected to showcase significant growth. While aluminum is not as good a conductor as copper, it is lighter and, thus, offers a better conductivity-to-weight ratio. Therefore, aluminum is utilized in transmission lines, power cables, and power grids to reduce power dissipation; moreover, its light weight does not stress the supporting structure. The growth of utilities in developing economies is driving the growth of the segment. In the construction industry, aluminum is used in roofing, doors, and windows owing to its excellent malleability, corrosion resistance, and light weight.  The growth of the global construction industry is directly fueling the growth of the global aluminum die-casting machine market.

Key Players

  • Buhler AG (Switzerland)
  • K. Technology Holdings Limited (Hong Kong)
  • Toshiba Machine Co., Ltd (Japan)
  • TOYO Machinery & Metal (Japan)
  • Ube Industries, Ltd (Japan)
  • Walbro (US)
  • Zitai Precision Machinery Co., Ltd (Taiwan)
  • Alcast Company (US)
  • Consolidated Metco, Inc. (US)
  • Gibbs Die Casting Corp. (US)
  • Frech (EN) (Germany)
  • Idra Group Ltd (Italy)
  • HMT Machine Tools Limited (India)

Table Of Contents

  1. Executive Summary
  2. Scope Of The Report

   2.1. Market Definition

   2.2. Scope Of The Study

   2.2.1. Definition

   2.2.2. Research Objective

   2.2.3. Assumptions

   2.2.4. Limitations

List Of Tables
TABLE 1 Global Aluminum Die-Casting Machine Market, By Region, 2017–2025

TABLE 2 North America: Aluminum Die-Casting Machine Market, By Country, 2017–2025

TABLE 3 Europe: Aluminum Die-Casting Machine Market, By Country, 2017–2025

Continued…

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List Of Figures

FIGURE 1 Research Process Of MRFR

FIGURE 2 Top-Down And Bottom-Up Approaches

FIGURE 3 Market Dynamics

Continued…

 About Market Research Future:

Market Research Future (MRFR) is a global market research firm that takes great pleasure in its services, providing a detailed and reliable study of diverse industries and consumers worldwide. MRFR’s methodology integrates proprietary information with different data sources to provide the client with a comprehensive understanding of the current key trends, upcoming events, and the steps to be taken based on those aspects.

Our rapidly expanding market research company is assisted by a competent team of research analysts who provide useful analytics and data on technological and economic developments. Our deemed analysts make industrial visits and collect valuable information from influential market players. Our main goal is to keep our clients informed of new opportunities and challenges in various markets. We offer step-by-step assistance to our valued clients through strategic and consulting services to reach managerial and actionable decisions.

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