The global Automotive Casting market is valued at USD 104,187.2 Million USD in 2020 and is expected to reach USD 159,873.2 Million USD in 2027 growing at a CAGR of 5.2%.
The report provides in-depth forecast and analysis on the Automotive Casting market on a global and regional level. The research study provides historical data from 2016 to 2019 along with forecast data from 2020 to 2027. This research study on Automotive Casting Market includes drivers and restraints along with the impact they have on the demand over the forecast period. Also, this research study provides the opportunities available in Automotive Casting market on global level.
With Strict Regulation with Vehicles gas emission levels and with increasing use of light weight material during the vehicle Manufacturing the Automotive casting market is to boost the market in the forecasted Period.
As COVID-19 spread across the globe the production of the vehicles has significantly hampered the market. Also, with the high cost associated with the casting process are few challenges the market are facing.
The Automotive Casting market is segmented based on By Material, By Process, By Application, By Distribution Channel, By Vehicle and By Region.
By Material the report is further bifurcated into Aluminum, Steel, Iron. By Process type the report is further segmented into Sand Casting, Die Casting, Investment Casting. By Application the report is further bifurcated into Engine, Transmission & Suspension, Brakes and Wheels. By Distribution Channel the report is further bifurcated into OEM, Aftermath. By Vehicle the market is further bifurcated into Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles and Two Wheelers.
Based on geography, the Automotive Casting Market is divided into North America, Europe, Asia-Pacific, South America and Middle East and Africa. North America is further divided into the US, Canada, Mexico whereas Europe consists of the UK, Germany, France, Italy and Rest of Europe. Asia-Pacific is segmented into Japan, South Korea, India, China and Rest of Asia-Pacific. The South America region includes Brazil, Argentina and the Rest of South America, while the Middle East and Africa is categorized into GCC Countries, Egypt, South Africa and Rest of Middle East and Africa.
Key Players Operating in Automotive Casting Market are Dynacast, Ryobi, Gibbs Die Casting, Zollern GmbH, Bell Foundry, Impro, Zetwerk, CFS Foundry, Regensburger Druckgusswerk Wolf GmbH and Endurance Technologies.
Global Automotive Casting Market Report Segmentation
- Sand Casting
- Die Casting
- Investment Casting
By Distribution Channel
- Passenger Cars
- Light Commercial Vehicles
- Heavy Commercial Vehicles
- Two Wheelers.
- North America (US, Canada, Mexico)
- Europe (UK, Germany, France, Italy and Rest of Europe)
- Asia-Pacific (Japan, South Korea, India, China and Rest of Asia-Pacific)
- South America (Brazil, Argentina and the Rest of South America)
- Middle East and Africa (GCC Countries, Egypt, South Africa and Rest of Middle East and Africa)
By Key Players
- Gibbs Die Casting
- Zollern GmbH
- Bell Foundry
- CFS Foundry
- Regensburger Druckgusswerk Wolf GmbH
- Endurance Technologies.