Syndicated Research Studies

Aluminum Die Casting Market Growth & Trends The global aluminum die casting market size is expected to reach USD 105.63 billion by 2030, registering CAGR of 5.4% from 2023 to 2030 according to a new report by Grand View Research, Inc. The growth of the telecommunication sector coupled with the increasing demand for lightweight materials from the automotive and aerospace industries is expected to propel the market growth in the coming years. Die casting is a process, performed by forcing molten aluminum into a steel die (mold) under pressure. Based on production process, the market is segregated into pressure die casting and other processes. Pressure die casting is further segmented into high and low, where the former constitutes a larger share due to its higher production rates. On average, European vehicles consist of 80-100 kilograms of high pressure die casting (HPDC) components. Other types of die casting include vacuum and squeeze, which find use in application...

Aluminum Die Casting Market Growth & Trends The global  aluminum die casting market  size is expected to reach USD 111.99 billion by 2030, registering CAGR of 5.5% from 2022 to 2030 according to a new report by Grand View Research, Inc. The growth of the telecommunication sector coupled with the increasing demand for lightweight materials from the automotive and aerospace industries is expected to propel the market growth in the coming years. Aluminum Die Casting Market Segmentation Grand View Research has segmented the global aluminum die casting market based on the production process, application, and region: Based on the Production Process Insights, the market is segmented into Pressure Die Casting and Others. Pressure die casting held the largest revenue share of more than 78.0% in 2021. The large share is attributed to phenomenal characteristics provided by the process including easy filling of cavity, smooth surface finish, tighter dimension tolerance, and str...