The global Metal Casting Market is projected to grow at a CAGR during 2023-2027. The major factors contributing to the growth of the market are growing vehicle production, increasing trend for lightweight vehicles, and growing stringency in emission & fuel efficiency regulations. However, low vehicle sales due to COVID-19 can hamper the growth of the metal casting market in 2021.
Based on vehicle type, the market has been segmented into passenger cars, light commercial vehicles, and heavy commercial vehicles. In 2020, the passenger cars segment dominated the metal castings market due to increasing sales & production of passenger cars and growing average content in passenger cars.
In terms of regional analysis, the APAC region dominated the metal castings market in 2020 due to increasing vehicle sales, and the growing presence of OEMs, domestic as well as international, in the region.
Some of the major players operating in the metal casting Market
- Mino Industrial
- Aisin Automotive Casting
- Dynacast, Endurance
- Nemak
- Ryobi Limited
- GF Automotive
- Ahresty Corporation
- Rheinmetall Automotive
- Gibbs Die Casting. Major companies are developing advanced technologies and launching new products in order to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new product developments.
The Objective of the Study:
- To analyze and forecast the market size of Metal Casting, in terms of value and volume.
- To classify and forecast Global Metal Casting based on vehicle type, electric vehicle type, material type, application, and regional distribution.
- To identify drivers and challenges for Global Metal Casting.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Global Metal Casting.
- To conduct the pricing analysis for Metal Casting.
- To identify and analyze the profile of leading players involved in the manufacturing of Global Metal Casting.
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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the service offerings, distribution channels, and presence of all major collaboration manufacturers across the globe.
TechSci Research calculated the market size of Global Metal Casting using a bottom-up approach, where data for various end-user industries and their application across various product types were recorded and forecasted for the future years. TechSci Research sourced these values from industry experts and company representatives and externally validated them by analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations, and financial reports were also used by TechSci Research.
Key Target Audience:
- Original Equipment Manufacturers
- Automotive casting components manufacturers
- Automotive casting materials manufacturers
- Raw Material Suppliers
- Traders, Distributors, and Suppliers
- Industry associations and experts
- Research organizations and consulting companies.
- Research Institutes
- Industry associations
- Market research and consulting firm.
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as collaboration service providers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
| Attribute | Details |
| Base Year | 2021 |
| Historical Years | 2017 – 2020 |
| Estimated Year | 2022 |
| Forecast Period | 2023 – 2027 |
| Quantitative Units | Revenue in USD Million, Volume in Units, and CAGR for 2017-2021 and 2022-2027 |
| Report Coverage | Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends |
| Segments Covered | · Vehicle Type· Electric Vehicle Type· Material Type· Application |
| Regional Scope | North America; Asia Pacific; Europe & CIS; South America; Middle East & Africa |
| Country Scope | United States; Canada; Mexico; China; India; Japan; Malaysia; Thailand; Indonesia; Vietnam; South Korea; Germany; France; United Kingdom; Spain; Italy; Belgium; Russia; Brazil; Argentina; Colombia; Saudi Arabia; UAE; South Africa; Egypt |
| Key Companies Profiled | Mino Industrial, Aisin Automotive Casting, Dynacast, Endurance, Nemak, Ryobi Limited, GF Automotive, Ahresty Corporation, Rheinmetall Automotive, Gibbs Die Casting |
| Customization Scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and Purchase Options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Report Scope:
In this report, the Global Metal Casting market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
- Global Metal Casting Market, By Vehicle Type:
- Passenger Cars
- Light Commercial Vehicles
- Heavy Commercial Vehicles
- Global Metal Casting Market, By Electric Vehicle Type:
- Hybrid Vehicles (HEV)
- Plug-In Electric Hybrid (PHEV)
- Battery Electric Vehicle (BEV)
- Global Metal Castings Market, By Material Type:
- Aluminium Casting
- Cast Iron
- Magnesium Casting
- Zinc Casting
- Others
- Global Metal Castings Market, By Application:
- Body Assemblies
- Transmission Parts
- Engine Parts
- Global Metal Casting Market, by Region:
- Asia Pacific
- China
- India
- Japan
- South Korea
- Thailand
- Europe
- France
- Germany
- United Kingdom
- Italy
- Spain
- North America
- United States
- Mexico
- Canada
- South America
- Brazil
- Argentina
- Colombia
- Middle East and Africa
- South Africa
- Saudi Arabia
- UAE
- Qatar
- Asia Pacific
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in Metal Casting.
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Product Overview
- Research Methodology
- Impact of COVID-19 on Global Metal Castings Market
- Executive Summary
- Voice of Customer
5.1. Product Awareness
5.2. Brand Awareness
5.3. Brand Recall
5.4. Product Pricing
- Global Metal Casting Market Overview
- Global Metal Casting Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value & Volume
7.2. Market Share & Forecast
7.2.1. By Vehicle Type (Passenger Cars, Light Commercial Vehicles, and Heavy Commercial Vehicles)
7.2.2. By Electric Vehicle Type (Battery Electric Vehicle, Hybrid Electric Vehicle, and Plug-In Hybrid Electric Vehicle)
7.2.3. By Material Type (Aluminum Casting, Cast Iron, Magnesium Casting, Zinc Casting, and Others)
7.2.4. By Application (Body Assemblies, Transmission Parts, and Engine Parts)
7.2.5. By Region
7.3. Market Attractiveness Index
- Asia-Pacific Metal Castings Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value & Volume
8.2. Market Share & Forecast
8.2.1. By Vehicle Type
8.2.2. By Electric Vehicle Type
8.2.3. By Application
8.2.4. By Country
8.3. Asia-Pacific: Country Analysis
8.3.1. China Metal Casting Market Outlook
8.3.1.1. Market Size & Forecast
8.3.1.1.1. By Value & Volume
8.3.1.2. Market Share & Forecast
8.3.1.2.1. By Vehicle Type
8.3.1.2.2. By Electric Vehicle Type
8.3.2. India Metal Castings Market Outlook
8.3.2.1. Market Size & Forecast
8.3.2.1.1. By Value & Volume
8.3.2.2. Market Share & Forecast
8.3.2.2.1. By Vehicle Type
8.3.2.2.2. By Electric Vehicle Type
8.3.3. Japan Metal Casting Market Outlook
8.3.3.1. Market Size & Forecast
8.3.3.1.1. By Value & Volume
8.3.3.2. Market Share & Forecast
8.3.3.2.1. By Vehicle Type
8.3.3.2.2. By Electric Vehicle Type
8.3.4. South Korea Metal Casting Market Outlook
8.3.4.1. Market Size & Forecast
8.3.4.1.1. By Value & Volume
8.3.4.2. Market Share & Forecast
8.3.4.2.1. By Vehicle Type
8.3.4.2.2. By Electric Vehicle Type
8.3.5. Thailand Metal Casting Market Outlook
8.3.5.1. Market Size & Forecast
8.3.5.1.1. By Value & Volume
8.3.5.2. Market Share & Forecast
8.3.5.2.1. By Vehicle Type
8.3.5.2.2. By Electric Vehicle Type
- Europe Metal Casting Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value & Volume
9.2. Market Share & Forecast
9.2.1. By Vehicle Type
9.2.2. By Electric Vehicle Type
9.2.3. By Application
9.2.4. By Country
9.3. Europe: Country Analysis
9.3.1. France Metal Casting Market Outlook
9.3.1.1. Market Size & Forecast
9.3.1.1.1. By Value & Volume
9.3.1.2. Market Share & Forecast
9.3.1.2.1. By Vehicle Type
9.3.1.2.2. By Electric Vehicle Type
9.3.2. Germany Metal Casting Market Outlook
9.3.2.1. Market Size & Forecast
9.3.2.1.1. By Value & Volume
9.3.2.2. Market Share & Forecast
9.3.2.2.1. By Vehicle Type
9.3.2.2.2. By Electric Vehicle Type
9.3.3. United Kingdom Metal Casting Market Outlook
9.3.3.1. Market Size & Forecast
9.3.3.1.1. By Value & Volume
9.3.3.2. Market Share & Forecast
9.3.3.2.1. By Vehicle Type
9.3.3.2.2. By Electric Vehicle Type
9.3.4. Italy Metal Casting Market Outlook
9.3.4.1. Market Size & Forecast
9.3.4.1.1. By Value & Volume
9.3.4.2. Market Share & Forecast
9.3.4.2.1. By Vehicle Type
9.3.4.2.2. By Electric Vehicle Type
9.3.5. Spain Metal Casting Market Outlook
9.3.5.1. Market Size & Forecast
9.3.5.1.1. By Value & Volume
9.3.5.2. Market Share & Forecast
9.3.5.2.1. By Vehicle Type
9.3.5.2.2. By Electric Vehicle Type