Germany Automotive Parts Aluminum Die Casting Market [2031]
Germany Automotive Parts Aluminum Die Casting Market [2031]
Segments - Germany Automotive Parts Aluminum Die Casting Market by Production Process Type (Vacuum Die Casting, Pressure Die Casting, Squeeze Die Casting, and Semi-Solid Die Casting) and Application (Engine Parts, Body Assemblies, Transmission Parts, and Others) - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031
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| Report ID :AL-3982
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| 202 Pages
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Report Description
The Germany automotive parts aluminum die casting market size was valued at USD 1.30 Billion in 2022 and is anticipated to reach USD 2.03 Billion by 2031, at a CAGR of 5.1% during the forecast period, between 2023 and 2031. The growth of the market is attributed to the high demand for automobile in Germany.
Die casting is a metal casting process where molten metal is pressed into a mold cavity under high pressure and high filling speed. Aluminum die casting is a process of creating complex aluminum parts. Aluminum alloys are light in weight with high dimensional stability. Aluminum possesses good corrosion resistance and high thermal and electrical conductivity.
Aluminum die casting benefits the automotive industry by giving more freedom and flexibility in complex designing, reducing vehicle weight, manufacturing eco-friendly and sustainable automotive components, and others. Increasing numbers of automotive manufacturers and component manufacturers boost the market in Germany.
Germany Automotive Parts Aluminum Die Casting Market Trends, Drivers, Restraints, and Opportunities
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Germany is one of the biggest markets for automobiles in the world. High demand for automobiles and the presence of key automobile and component manufacturers in the country drive the market.
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Rising pollution levels urge automobile manufacturers to look for lightweight component solutions to reduce fuel consumption and emission of harmful pollutants.
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Low availability of aluminum in the country leads to high imports of the metal to match the growing demand for aluminum and related products. This is likely to hinder the market growth.
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The Germany automotive parts aluminum die casting industry was affected negatively during the COVID-19 situation. The imposed lockdown forced key players to shut down their operations, as it weakened the automobile demand in the country. The industry is expected to pick up from the second half of 2021, due to relaxed restrictions.
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Germany tops the market in the European Union inspite of the socio-political situation in the country, Brexit, and uncertain future environmental regulations.
Scope of Germany Automotive Parts Aluminum Die Casting Market Report
The market report includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes |
Details |
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Report Title |
Automotive Parts Aluminum Die Casting Market - Germany Industry Analysis, Growth, Share, Size, Trends, and Forecast |
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Base Year |
2022 |
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Historic Data |
2016–2021 |
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Forecast Period |
2023–2031 |
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Segmentation |
Production Process Type (Vacuum Die Casting, Pressure Die Casting, Squeeze Die Casting, and Semi-Solid Die Casting) and Application (Engine Parts, Body Assemblies, Transmission Parts, and Others) |
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Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
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Key Players Covered in the Report |
Ryobi Die Casting; Nemark; KSPG AG; Alcoa Inc.; and Interplex Holdings Ltd. |
Germany Automotive Parts Aluminum Die Casting Market Segment Insights
Based on production process type, the market is segmented into vacuum die casting, pressure die casting, squeeze die casting, and semi-solid die casting. The pressure die casting segment is expected to hold a major market share during the forecast period. The pressure die casting technique helps in producing high volumes of parts with high accuracy. The technique is cost-effective and less time-consuming. The advantages of pressure die casting and its rising demand enables major players to invest more and expand their operations in the country. For example, in February 2020, Midland Pressure Diecasting (MPD) increased its output of aluminum and zinc casting by purchasing automated machines and a new French die casting machine. MPD completed its USD 3 million investment drive with the increased output.
Based on application, the Germany automotive parts aluminum die casting market is segregated into engine parts, body assemblies, transmission parts, and others. The body assembly segment is anticipated to expand at a rapid rate during the forecast period. High demand for lightweight cars increased the demand for lightweight but strong body assemblies in the country, boosting the market.
Segments
The Germany automotive parts aluminum die casting market has been segmented on the basis of
Production Process Type
- Vacuum Die Casting
- Pressure Die Casting
- Squeeze Die Casting
- Semi-Solid Die Casting
Application
- Engine Parts
- Body Assemblies
- Transmission Parts
- Others
Key Players
- Ryobi Die Casting
- Nemark
- KSPG AG
- Alcoa Inc.
- Interplex Holdings Ltd.
Competitive Landscape
Ryobi Die Casting; Nemark; KSPG AG; Alcoa Inc.; and Interplex Holdings Ltd. are the key players in the Germany automotive parts aluminum die casting market. Players in Germany account for a small market share. Key players are using strategies such as mergers, partnerships, acquisitions, collaborations, and product launches to gain considerable market share. For example, in June 2019, one of UK’s largest independent aluminum foundries, Alucast, secured contracts valued at approximately USD 3 million from car manufacturers to look for ways to reduce weight of future car models.
Table Of Content
1. Executive Summary2. Assumptions and Acronyms Used
3. Research Methodology
4. Automotive Parts Aluminum Die Casting Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Automotive Parts Aluminum Die Casting Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Automotive Parts Aluminum Die Casting Market - Supply Chain
4.5. Global Automotive Parts Aluminum Die Casting Market Forecast
4.5.1. Automotive Parts Aluminum Die Casting Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Automotive Parts Aluminum Die Casting Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Automotive Parts Aluminum Die Casting Market Absolute $ Opportunity
5. Global Automotive Parts Aluminum Die Casting Market Analysis and Forecast by Region
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Region
5.2.2. Y-o-Y Growth Projections by Region
5.3. Automotive Parts Aluminum Die Casting Market Size and Volume Forecast by Region
5.3.1. North America
5.3.2. Latin America
5.3.3. Europe
5.3.4. Asia Pacific
5.3.5. Middle East and Africa (MEA)
5.4. Absolute $ Opportunity Assessment by Region
5.5. Market Attractiveness/Growth Potential Analysis by Region
5.6. Global Automotive Parts Aluminum Die Casting Demand Share Forecast, 2019-2026
6. North America Automotive Parts Aluminum Die Casting Market Analysis and Forecast
6.1. Introduction
6.1.1. Basis Point Share (BPS) Analysis by Country
6.1.2. Y-o-Y Growth Projections by Country
6.2. North America Automotive Parts Aluminum Die Casting Market Size and Volume Forecast by Country
6.2.1. U.S.
6.2.2. Canada
6.3. Absolute $ Opportunity Assessment by Country
6.4. Market Attractiveness/Growth Potential Analysis
6.4.1. By Country
6.4.2. By Product Type
6.4.3. By Application
6.5. North America Automotive Parts Aluminum Die Casting Demand Share Forecast, 2019-2026
7. Latin America Automotive Parts Aluminum Die Casting Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.1.3. Latin America Average Pricing Analysis
7.2. Latin America Automotive Parts Aluminum Die Casting Market Size and Volume Forecast by Country
7.2.1. Brazil
7.2.2. Mexico
7.2.3. Rest of Latin America
7.3. Absolute $ Opportunity Assessment by Country
7.4. Market Attractiveness/Growth Potential Analysis
7.4.1. By Country
7.4.2. By Product Type
7.4.3. By Application
7.5. Latin America Automotive Parts Aluminum Die Casting Demand Share Forecast, 2019-2026
8. Europe Automotive Parts Aluminum Die Casting Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Europe Average Pricing Analysis
8.2. Europe Automotive Parts Aluminum Die Casting Market Size and Volume Forecast by Country
8.2.1. Germany
8.2.2. France
8.2.3. Italy
8.2.4. U.K.
8.2.5. Spain
8.2.6. Russia
8.2.7. Rest of Europe
8.3. Absolute $ Opportunity Assessment by Country
8.4. Market Attractiveness/Growth Potential Analysis
8.4.1. By Country
8.4.2. By Product Type
8.4.3. By Application
8.5. Europe Automotive Parts Aluminum Die Casting Demand Share Forecast, 2019-2026
9. Asia Pacific Automotive Parts Aluminum Die Casting Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Asia Pacific Average Pricing Analysis
9.2. Asia Pacific Automotive Parts Aluminum Die Casting Market Size and Volume Forecast by Country
9.2.1. China
9.2.2. Japan
9.2.3. South Korea
9.2.4. India
9.2.5. Australia
9.2.6. Rest of Asia Pacific (APAC)
9.3. Absolute $ Opportunity Assessment by Country
9.4. Market Attractiveness/Growth Potential Analysis
9.4.1. By Country
9.4.2. By Product Type
9.4.3. By Application
9.5. Asia Pacific Automotive Parts Aluminum Die Casting Demand Share Forecast, 2019-2026
10. Middle East & Africa Automotive Parts Aluminum Die Casting Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Middle East & Africa Average Pricing Analysis
10.2. Middle East & Africa Automotive Parts Aluminum Die Casting Market Size and Volume Forecast by Country
10.2.1. Saudi Arabia
10.2.2. South Africa
10.2.3. UAE
10.2.4. Rest of Middle East & Africa (MEA)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Market Attractiveness/Growth Potential Analysis
10.4.1. By Country
10.4.2. By Product Type
10.4.3. By Application
10.5. Middle East & Africa Automotive Parts Aluminum Die Casting Demand Share Forecast, 2019-2026
11. Competition Landscape
11.1. Global Automotive Parts Aluminum Die Casting Market: Market Share Analysis
11.2. Automotive Parts Aluminum Die Casting Distributors and Customers
11.3. Automotive Parts Aluminum Die Casting Market: Competitive Dashboard
11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
11.4.1. Ryobi Die Casting
11.4.2. Nemark
11.4.3. KSPG AG
11.4.4. Alcoa Inc.
11.4.5. Interplex Holdings Ltd.
Methodology
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