Global Automotive Parts Zinc Die Casting Market (2023-2028) Competitive Analysis, Impact of Covid-19, Ansoff Analysis

Automotive Die Casting Uses a Metal Molding Process to Produce Parts from Molten Metal (Die)

• Zinc die casting is a widely embraced manufacturing method known for its precision, lightweight properties, and cost-efficiency. The procedure revolves around a mold featuring a cavity shaped according to the desired part's geometry. Molten metal is forcefully injected into this cavity and held under high pressure until it undergoes cooling. By the culmination of this cooling phase, the metal adopts its nearly perfect, final form. The elevated pressures integral to this process contribute to die-cast components' robustness while yielding a commendable surface finish. Consequently, zinc alloys have gained significant traction within the automotive sector, primarily due to these advantageous characteristics, making them a practical and functional choice for various automotive applications.
• Drivers: A prominent factor in the driving forces shaping the automotive industry is the increasing consumer inclination towards safety-oriented products within their vehicles. This signifies a notable shift in consumer preferences, emphasizing features and technologies that enhance overall safety and security while traveling in their vehicles.
• Restrictions: A notable restraint in the automotive industry is the stiff competition posed by alternative materials like aluminum and magnesium, which often outperform zinc die-casting in various aspects.
• Opportunities: The surging popularity of electric vehicles (EVs) represents a significant and expanding opportunity within the automotive industry. As the EV market grows, it offers a compelling platform for utilizing advanced manufacturing techniques like zinc die casting, aligning well with the industry's evolving needs.
• Challenges: Navigating the automotive industry's landscape is further complicated by the rigorous and ever-evolving environmental and safety regulations. Compliance with these stringent standards demands ongoing innovation and adaptation in vehicle design and manufacturing processes.

Market Segmentations

• The Global Automotive Parts Zinc Die Casting Market is segmented based on Process Type, Application Type, and Geography.
• This segmentation strategy is essential for businesses seeking to understand and effectively cater to their target consumers' diverse needs. Regarding process type, it encompasses pressure die casting, vacuum die casting, and other specialized methods, highlighting the range of techniques used in zinc die casting. In terms of application type, it covers a broad spectrum of uses, including body assemblies, engine components, transmission parts, and more, reflecting the versatility of zinc die casting in various automotive applications.
• Additionally, the segmentation considers installation types, distinguishing between original equipment manufacturer (OEM) and aftermarket solutions and addressing how consumers acquire and incorporate zinc die-cast components into their vehicles. This thorough segmentation approach equips businesses with the insights to tailor their products and strategies to different segments of the automotive zinc die-casting market, enhancing their competitiveness and relevance in this dynamic industry.
• Recent Development
• GF Casting Solutions, a division of GF, Schaffhausen (Switzerland), announced that it will utilize its expertise to enhance the development of products and services for electric vehicles (EVs). The company can provide products that meet their needs by collaborating with customers from the early design and conceptual stages. GF Casting Solutions developed a lightweight die-cast battery housing for Renault’s two hybrid models in a joint development phase. - May 2022
• BMW announced that the light metal foundry of the BMW Group plants is now using innovative multi-plate die-casting technology. With the development of new gating and demolding systems using direct gating in multi-plate mold technology, component designs that are function-optimized instead of flow path-optimized can be realized in the die-casting process. The new process also increases profitability and reduces energy consumption compared to large, more energy-intensive die-casting systems. - March 2022

Company Profiles

Countries Studied

• America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
• Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Ireland, Luxembourg, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
• Middle East and Africa (Egypt, Israel, Qatar, Nigeria, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
• Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)

Competitive Quadrant

Ansoff Analysis

• The report presents a detailed Ansoff matrix analysis for the Global Automotive Zinc Die Casting Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.
• The publisher analyses the Global Automotive Zinc Die Casting Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.
• Based on the SWOT analysis conducted on the industry and industry players, the publisher has devised suitable strategies for market growth.

Why buy this report?

• The report offers a comprehensive evaluation of the Global Automotive Zinc Die Casting Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
• The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
• The report includes an in-depth market analysis using Porter's 5 forces model, PESTLE Analysis, and the Ansoff Matrix. In addition, the impact of COVID-19 and the impact of economic slowdown & impending recession on the market are also featured in the report.
• The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
• The report also contains the competitive analysis using Positioning Quadrants, the Proprietary competitive positioning tool.

Report Highlights

• A complete analysis of the market, including parent industry
• Important market dynamics and trends
• Market segmentation
• Historical, current, and projected size of the market based on value and volume
• Market shares and strategies of key players
• Recommendations to companies for strengthening their foothold in the market