Die Casting Machines Market by Type (Cold Chamber Die Casting Machine, Hot Chamber Die Casting Machine, and Gravity Die Casting Machine), Material (Aluminum, Zinc, Magnesium, and Others), and End-User (Transportation, Mechanical & Manufacturing Equipment, Building & Construction, and Others): Global Opportunity Analysis and Industry Forecast, 2019–2026
The global die casting machines market size was valued at $3,633.6 million in 2018, and is projected to reach $4,978.7 million by 2026, registering a CAGR of 3.9% from 2019 to 2026. A die casting machine is involved in the metal casting process. The process is characterized by forcing alloy or metal in molten state under high pressure in a mold cavity. Die castings are manufactured from metals, such as lead, zinc, magnesium, aluminum, copper, and tin-based alloys. Depending on the type of metal or alloy being cast, a cold or hot chamber machine is used. Die casting machinery is used in various end-user sectors, which include automotive, marine, aerospace, and defense.
Rise in demand for fuel-efficient, high-performance, and low-emission vehicles drives the market growth. In addition, rise in manufacturing machinery industries, and surge in investments in the construction industry boost the demand for die casting machines. However, volatility in raw material prices is expected to hamper the market growth. Furthermore, there are several enhancements to the conventional high-pressure die casting processes, which have been developed in recent years. Such factors are expected to offer lucrative growth opportunities to the market players during the forecast period.
The global die casting machines market is segmented on the basis of type, material, end-user, and region. By type, it is divided into cold chamber die-casting machine, hot chamber die-casting machine, and gravity die-casting machine. By material, it is divided into aluminum, zinc, magnesium, and others. By end-user, it is segmented into transportation, mechanical & manufacturing equipment, building & construction, and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA. The major players operating in the global market have adopted key strategies such as acquisitions and product launch to strengthen their market outreach and sustain the stiff competition in the market.
The major market participants profiled in this report include Agrati - AEE Srl, Bühler AG, Dynacast, Idra srl, Italpresse Gauss, Oskar Frech GmbH + Co. KG, Toshiba Machine Co., Ltd, Toyo Machinery & Metal Co.,Ltd., UBE, and Zitai Precision Machinery Co., Ltd.
KEY BENEFITS FOR STAKEHOLDERS
The report provides an extensive analysis of the current and emerging die casting machines market trends and dynamics.
In-depth die casting machines market analysis is conducted by constructing market estimations for the key market segments between 2018 and 2026.
Extensive analysis of the market is conducted by following key product positioning and monitoring of the top competitors within the die casting machines market framework.
A comprehensive analysis of all the regions is provided to determine the prevailing opportunities.
The global die casting machines market forecast analysis from 2018 to 2026 is included in the report.
Key market players within die casting machines market are profiled in this report and their strategies are analyzed thoroughly, which help to understand the competitive outlook of the die casting machines industry.
GLOBAL DIE CASTING MACHINES MARKET SEGMENTS
Cold chamber die-casting machine
Hot chamber die-casting machine
Gravity die-casting machine
Mechanical & Manufacturing Equipment
Building & Construction
Rest of Europe
Rest of Asia-Pacific
Agrati - AEE Srl
Oskar Frech GmbH + Co. KG
Toshiba Machine Co., Ltd
Machinery & Metal Co.,Ltd.
Zitai Precision Machinery Co., Ltd.
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