Germany Automotive Parts Aluminum Die Casting Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | > 5.00 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Germany Automotive Parts Aluminum Die Casting Market Analysis
The Germany Automotive Parts Aluminum Die Casting Market is projected to grow with a CAGR of more than 5 % during the forecast period.
- Owing to the high demand of automobiles in the region, Germany is one of the largest markets for automobiles in the world. the presence of leading automobile manufacturers as well as the component manufacturers is driving the growth in the region.
- With the growing pollution levels around the world car makers are looking for light weight components for reducing the fuel consumption and curbing the emission of harmful pollutants into the atmosphere.
- However, the low availability of aluminum in the country and the high imports of the metal because of the growing demand of aluminum and related products can be a restraint.
- Because of the ongoing Covid-19 pandemic all around the world, the aluminum die casting industry is badly hurt because of the spread of virus. The lockdown imposed has forced all the players in the industry to shut down their operations and also has weakened the demand for automobiles in the country. The April-June quarter witnesses' high negative rates in sales figures for the automobiles and the industry is expected to revive in second half of 2021.
Germany Automotive Parts Aluminum Die Casting Market Trends
This section covers the major market trends shaping the Germany Automotive Parts Aluminium Die Casting Market according to our research experts:
Pressure Die Casting Captures the Market
Owing to the advantages offered by the process of pressure die casting over other casting methods the players in the industry are investing to expand their operations in the country for fulfilling the demand of aluminum parts for automotive in the country.
Using the pressure die casting technique high volumes of parts can be produced with high accuracy over other process also the process is cost effective and less time consuming and other advantages and the demand in the country is enabling the major players in the country to invest heavily and expand their operations. For instance,
In February 2020, Midland Pressure Diecasting (MPD) completed a 拢250,000 investment drive by boosting its aluminum and zinc casting output via the purchase of automated machines and an additional new 'Frech' die casting machine.
Passenger Vehicle Sales Driving Growth鈥�
Despite of a decline in demand for a couple of years in the region, owing to the factors such as the socio-political situation in the country, the Brexit deal and uncertainty over future environmental regulation, the Germany passenger vehicle market still remains largest market in the European Union. The market is well diverse with around 350 different models available for end users with different fuel types.
Die casters in china now focusing on sourcing for better technologies to improve and enhance the quality of the castings. Further, the country's foundry industry is being recognized and endorsed by foreign enterprises resulting in a full swing development of foreign trade. All these factors together are expected to maintain a steady growth in the power train parts aluminum die casting market in China.
Germany Automotive Parts Aluminum Die Casting Industry Overview
The Germany Automotive Parts Aluminum Die Casting Market is fragmented, with many players accounting for a small market share. Some of the prominent companies in China Automotive Parts aluminum die casting Market are NEMAK, RYOBI Die Casting, KSPG AG, Interprex Holdings Ltd., ALCOA Inc. and others. The major players in the country are entering into strategic partnership with global leaders to gain considerable market share.
For instance,
In June 2019, Alucast, which is one of the UK's largest independent aluminium foundries, secured more than 拢3 million of new contracts from car makers looking to explore ways of reducing weight on future models.
Germany Automotive Parts Aluminum Die Casting Market Leaders
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Nemak
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Ryobi Die Casting
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KSPG AG
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Interplex Holdings Ltd.
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ALCOA Inc.
*Disclaimer: Major Players sorted in no particular order
Germany Automotive Parts Aluminum Die Casting Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Assumptions
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1.2 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Market Drivers
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4.2 Market Restraints
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4.3 Porters Five Forces Analysis
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4.3.1 Threat of New Entrants
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4.3.2 Bargaining Power of Buyers/Consumers
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4.3.3 Bargaining Power of Suppliers
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4.3.4 Threat of Substitute Products
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4.3.5 Intensity of Competitive Rivalry
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5. MARKET SEGMENTATION
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5.1 Production Process Type
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5.1.1 Pressure Die Casting
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5.1.2 Vacuum Die Casting
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5.1.3 Squeeze Die Casting
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5.1.4 Semi-Solid Die Casting
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5.2 Application Type
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5.2.1 Engine Parts
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5.2.2 Transmission Components
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5.2.3 Body Parts
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5.2.4 Others
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6. COMPETITIVE LANDSCAPE
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6.1 Vendor Market Share
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6.2 Company Profiles
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6.2.1 Nemak
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6.2.2 Ryobi Die Casting
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6.2.3 KSPG AG
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6.2.4 Interplex Holdings Ltd.
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6.2.5 ALCOA Inc.
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6.2.6 Amtek Group
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6.2.7 Buvo Castings (EU)
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6.2.8 Castwel Autoparts
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6.2.9 Dynamic Technologies Ltd.
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6.2.10 Gibbs Die Casting Group
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Germany Automotive Parts Aluminum Die Casting Industry Segmentation
The Germany Automotive Parts Aluminum Die Casting Market report covers a detailed study on the latest trends and innovations in the market which is Segmented by Production Process Type (Pressure Die Casting, Vacuum Die Casting, Squeeze Die Casting and Semi-Solid Die Casting), by Application Type (Body Assemblies, Engine Parts, Transmission Parts and Others). Along with the major players, their strategies, innovations, technological advancements and financials are also covered in the report.
| Production Process Type | |
| Pressure Die Casting | |
| Vacuum Die Casting | |
| Squeeze Die Casting | |
| Semi-Solid Die Casting |
| Application Type | |
| Engine Parts | |
| Transmission Components | |
| Body Parts | |
| Others |
Germany Automotive Parts Aluminum Die Casting Market Research FAQs
What is the current Germany Automotive Parts Aluminium Die Casting Market size?
The Germany Automotive Parts Aluminium Die Casting Market is projected to register a CAGR of greater than 5% during the forecast period (2024-2029)
Who are the key players in Germany Automotive Parts Aluminium Die Casting Market?
Nemak, Ryobi Die Casting , KSPG AG, Interplex Holdings Ltd. and ALCOA Inc. are the major companies operating in the Germany Automotive Parts Aluminium Die Casting Market.
What years does this Germany Automotive Parts Aluminium Die Casting Market cover?
The report covers the Germany Automotive Parts Aluminium Die Casting Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Germany Automotive Parts Aluminium Die Casting Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Germany Automotive Parts Aluminum Die Casting Industry Report
Statistics for the 2024 Germany Automotive Parts Aluminum Die Casting market share, size and revenue growth rate, created by 糖心vlog传媒鈩� Industry Reports. Germany Automotive Parts Aluminum Die Casting analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
