Global Automotive Magnesium Die Casting Market to Reach $15.3 Billion by 2030
The global market for Automotive Magnesium Die Casting estimated at US$7.2 Billion in the year 2022, is projected to reach a revised size of US$15.3 Billion by 2030, growing at a CAGR of 10% over the analysis period 2022-2030. Vacuum Die Casting, one of the segments analyzed in the report, is projected to record 10.1% CAGR and reach US$5.2 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Pressure Die Casting segment is readjusted to a revised 10.3% CAGR for the next 8-year period.The U.S. Market is Estimated at $1.9 Billion, While China is Forecast to Grow at 13.1% CAGR
The Automotive Magnesium Die Casting market in the U.S. is estimated at US$1.9 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$3.5 Billion by the year 2030 trailing a CAGR of 13.1% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.8% and 8.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 7.7% CAGR.Select Competitors (Total 22 Featured) -
- Chicago White Metal Casting, Inc.
- China Precision Diecasting, Inc.
- Georg Fischer AG
- Gibbs Die Casting Corporation
- Kinetic Die Casting Company
- Magic Precision Inc.
- Meridian Lightweight Technologies, Inc.
- Morimura Bros., Inc.
- Pace Industries
- Ryobi Die Casting, Inc.
- Shiloh Industries, Inc.
- Sundaram Clayton Ltd.
- Twin city die casting Co.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERSIII. MARKET ANALYSISCANADAITALYSPAINRUSSIAREST OF EUROPESOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Chicago White Metal Casting, Inc.
- China Precision Diecasting, Inc.
- Georg Fischer AG
- Gibbs Die Casting Corporation
- Kinetic Die Casting Company
- Magic Precision Inc.
- Meridian Lightweight Technologies, Inc.
- Morimura Bros., Inc.
- Pace Industries
- Ryobi Die Casting, Inc.
- Shiloh Industries, Inc.
- Sundaram Clayton Ltd.
- Twin city die casting Co.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 234 |
Published | March 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 7.2 Billion |
Forecasted Market Value ( USD | $ 15.3 Billion |
Compound Annual Growth Rate | 9.9% |
Regions Covered | Global |