Metal Casting in Automotive Market
Metal Casting in Automotive Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Metal Casting in Automotive Market Size and Growth
The Metal Casting in Automotive market is witnessing significant growth, driven by increasing vehicle production and demand for lightweight materials. The market size is projected to reach approximately $30 billion by 2027, reflecting a CAGR of around 5%. Key trends include advancements in technology and a shift towards sustainable practices.
Companies Covered
(Covid 19 Impact Covered)
◍ Nemak
◍ Ryobi Limited
◍ GF Automotive
◍ Rheinmetall Automotive
◍ Ahresty Corporation
◍ Dynacast
◍ Endurance
◍ Mino Industrial
◍ Aisin Automotive Casting
◍ Gibbs Die Casting
The metal casting automotive market features companies like Nemak, Ryobi Limited, and GF Automotive, which specialize in lightweight, complex components for vehicles. These firms invest in technology and innovation, enhancing product offerings and efficiency. Key sales revenues include:
- Nemak: $2.3 billion
- GF Automotive: €2.3 billion
- Aisin Automotive Casting: $5.1 billion
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Market Segmentation
By Application
◍ Body Assemblies
◍ Engine Parts
◍ Transmission Parts
By Product
◍ Gravity Casting ◍ High-Pressure Die Casting (HPDC) ◍ Low-Pressure Die Casting (LPDC)
Sand Casting
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Market Growth
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$ X Billion USD
