Automotive Parts Magnesium Die Casting Market Size to Worth USD 21.76 billion by 2030 | With a 7.5% CAGR
The Exactitude Consultancy Automotive Parts Magnesium Die Casting Market Report โ Size, Trends, And Global Forecast 2024-2030
LUTON, BEDFORDSHIRE, UNITED KINGDOM, March 18, 2024 /EINPresswire.com/ -- The qualitative report published by Exactitude Consultancy research on the Automotive Parts Magnesium Die Casting Market offers an in-depth examination of the current trends, latest expansions, conditions, market size, various drivers, limitations, and key players along with their profile details. The Automotive Parts Magnesium Die Casting market report offers the historical data for 2018 to 2023 and also makes available the forecast data from the year 2024 to 2030 which is based on revenue. With the help of all this information research report helps the Market contributors to expand their market positions. With the benefit of all these explanations, this market research report recommends a business strategy for present market participants to strengthen their role in the market. This report analyzes the impact of the Covid 19 pandemic on the Automotive Parts Magnesium Die Casting Market from a Global and Regional perspective.
๐๐ก๐ ๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐ฉ๐๐ซ๐ญ๐ฌ ๐ฆ๐๐ ๐ง๐๐ฌ๐ข๐ฎ๐ฆ ๐๐ข๐ ๐๐๐ฌ๐ญ๐ข๐ง๐ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ข๐ฌ ๐๐ฑ๐ฉ๐๐๐ญ๐๐ ๐ญ๐จ ๐ ๐ซ๐จ๐ฐ ๐๐ญ ๐.๐% ๐๐๐๐ ๐๐ซ๐จ๐ฆ ๐๐๐๐ ๐ญ๐จ ๐๐๐๐. ๐๐ญ ๐ข๐ฌ ๐๐ฑ๐ฉ๐๐๐ญ๐๐ ๐ญ๐จ ๐ซ๐๐๐๐ก ๐๐๐จ๐ฏ๐ ๐๐๐ ๐๐.๐๐ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐๐ฒ ๐๐๐๐ ๐๐ซ๐จ๐ฆ ๐๐๐ ๐๐.๐๐ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ข๐ง ๐๐๐๐.
๐๐ฅ๐ข๐๐ค ๐๐๐ซ๐ ๐ญ๐จ ๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ:
๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ
Magnesium is a part of numerous alloys and is widely used as a base material for various structures. The most commonly used magnesium alloy in die-casting processes is the AZ91D due to its excellent resistance to corrosion, high strength, and good cast-ability. For highly durable and lightweight parts, the demand for AZ91D has increased over the years. Magnesium is used in the die-casting processes because of the various benefits associated with its application.
For instance, it is 75% lighter than steel and exhibits the same level of strength. For manufacturing almost-net-shaped or net-shaped, thin-walled, and complex castings, magnesium provides greater stability in terms of dimension. It is also considered stiffer and stronger than most of the modern-age advanced and engineered plastics. Other factors that influence the higher use of magnesium include high wear resistance and better energy absorption which means it can limit the effect of an impact. It also offers resistance to high temperatures.
๐๐จ๐ฉ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐๐ซ๐ ๐๐จ๐ฏ๐๐ซ๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐๐ซ๐ญ๐ฌ ๐๐๐ ๐ง๐๐ฌ๐ข๐ฎ๐ฆ ๐๐ข๐ ๐๐๐ฌ๐ญ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ:
A&B die casting , Chicago white metal casting Inc, Georg Die casting group, magic precision Inc, Meridian lightweight technologies Inc ,Morimura Bros. Inc, pace industries, sandhar group, ryobi liited.
๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ
July 2022- The leading full-service magnesium die-casting manufacturer in North America, Pace Industries, recently announced that it is adopting a new organizational structure to increase operational efficiency.
June 2022- Georg Fischer AG created innovative and sustainable solutions as part of its Strategy 2025. Some of these were presented during the successful Georg Fischer AG Capital Markets Day 2022
๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ:
The Automotive Parts Magnesium Die Casting Market Report provides a preliminary review of the industry, definitions, classifications, and enterprise chain shape. Market analysis is furnished for the worldwide markets which include improvement tendencies, hostile view evaluation, and key regions development. Development policies and plans are discussed, and manufacturing strategies and fee systems are also analyzed.
๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐๐ซ๐ญ๐ฌ ๐๐๐ ๐ง๐๐ฌ๐ข๐ฎ๐ฆ ๐๐ข๐ ๐๐๐ฌ๐ญ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฒ ๐๐ฒ๐ฉ๐, ๐๐๐๐-๐๐๐๐, (๐๐๐ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง), (๐๐ก๐จ๐ฎ๐ฌ๐๐ง๐ ๐๐ง๐ข๐ญ๐ฌ)
Interior Systems
Engine & Powertrain
Front-/Rear-End
Steering
๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐๐ซ๐ญ๐ฌ ๐๐๐ ๐ง๐๐ฌ๐ข๐ฎ๐ฆ ๐๐ข๐ ๐๐๐ฌ๐ญ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฒ ๐๐ซ๐จ๐๐ฎ๐๐ญ๐ข๐จ๐ง ๐๐ซ๐จ๐๐๐ฌ๐ฌ, ๐๐๐๐-๐๐๐๐, (๐๐๐ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง), (๐๐ก๐จ๐ฎ๐ฌ๐๐ง๐ ๐๐ง๐ข๐ญ๐ฌ)
Pressure Die Casting
Vacuum Die Casting
Squeeze Die Casting
Gravity Die Casting
๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐๐ซ๐ญ๐ฌ ๐๐๐ ๐ง๐๐ฌ๐ข๐ฎ๐ฆ ๐๐ข๐ ๐๐๐ฌ๐ญ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฒ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง, ๐๐๐๐-๐๐๐๐, (๐๐๐ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง), (๐๐ก๐จ๐ฎ๐ฌ๐๐ง๐ ๐๐ง๐ข๐ญ๐ฌ)
Passenger Car
Commercial Vehicle
๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐๐ซ๐ญ๐ฌ ๐๐๐ ๐ง๐๐ฌ๐ข๐ฎ๐ฆ ๐๐ข๐ ๐๐๐ฌ๐ญ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฒ ๐๐๐ ๐ข๐จ๐ง, ๐๐๐๐-๐๐๐๐, (๐๐๐ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง), (๐๐ก๐จ๐ฎ๐ฌ๐๐ง๐ ๐๐ง๐ข๐ญ๐ฌ)
North America
Asia Pacific
Europe
South America
Middle East and Africa
๐๐ก๐ ๐ซ๐๐ ๐ข๐จ๐ง-๐ฐ๐ข๐ฌ๐ ๐๐จ๐ฏ๐๐ซ๐๐ ๐ ๐จ๐ ๐ญ๐ก๐ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ข๐ฌ ๐ฆ๐๐ง๐ญ๐ข๐จ๐ง๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ, ๐ฆ๐๐ข๐ง๐ฅ๐ฒ ๐๐จ๐๐ฎ๐ฌ๐ข๐ง๐ ๐จ๐ง ๐ญ๐ก๐ ๐ซ๐๐ ๐ข๐จ๐ง๐ฌ:
Asia Pacific, the largest market in 2021 accounted for more revenue generation of worldwide sales. The regions significant manufacturing presence will likely present opportunities for the magnesium die-casting market for automotive parts. Significant market growth is expected due to the regionโs rapidly expanding small and medium manufacturing industries.
China which accounts for more thann5 of the reginal Asia Pacific die casting market share is one of the leading producers of die-cast parts. China ha more than 26000 facilities for the metal casting industry, 8000 of which make nonferrous castings.
The European market is expected to grow at a CAGR 7.3% over the forecast period. The largest automotive market in Europe is Germany, producing more than 30% of all passenger cars and about 20% of all new vehicle registrations (3,43 million units). Additionally, the concern for the environment has been steadily growing due to rising exhaust emissions and environmental concerns. Germanyโs auto industry has been having trouble since the worldwide harmonized light vehicle test Procedure was implemented across Europe. German automakers have phased out older passenger models in favor of rigorous emission testing protocols.
๐ ๐จ๐ซ ๐๐ก๐ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ฅ๐ข๐๐ค ๐ก๐๐ซ๐:
https://exactitudeconsultancy.com/reports/14299/automotive-parts-magnesium-die-casting-market
๐๐ฎ๐ฆ๐๐ซ๐จ๐ฎ๐ฌ ๐๐๐ง๐๐๐ข๐ญ๐ฌ ๐จ๐๐๐๐ซ๐๐ ๐๐ฒ ๐ฆ๐๐ ๐ง๐๐ฌ๐ข๐ฎ๐ฆ ๐๐ง๐ ๐๐ข๐ ๐๐๐ฌ๐ญ๐ข๐ง๐ ๐๐ฌ ๐ ๐๐จ๐ฆ๐๐ข๐ง๐๐ญ๐ข๐จ๐ง ๐ญ๐จ ๐ฉ๐ซ๐จ๐ฉ๐๐ฅ ๐ฆ๐๐ซ๐ค๐๐ญ ๐๐๐ฆ๐๐ง๐
The global automotive parts magnesium die casting market is projected to grow due to the excellent advantages associated with manufacturing automotive parts by using magnesium as a material and die casting as a process in combination. Magnesium alloys have proven to be far more beneficial in terms of physical, chemical, and mechanical properties as compared to other alloys like steel or aluminum. They are in fact better than the various engineered and modified plastics which makes magnesium one of the most preferred choices of alloy amongst automotive manufacturers.
Most of the players use die casting methods to produce vehicle parts as compared to sand casting methods. Die casting has proven to provide extremely accurate dimensions whereas the other alternative is less accurate. The production volume is also generally higher in die casting methods. It typically begins at 1000 scales and goes higher whereas in the sand-casting method the production scale starts from 1 to 1000. The modern-day vehicles have complex parts and it is possible to achieve accuracy in manufacturing the complexities in terms of shape using the die casting method.
๐๐ข๐ ๐ง๐ข๐๐ข๐๐๐ง๐ญ ๐ ๐๐๐ญ๐ฎ๐ซ๐๐ฌ ๐๐ง๐ ๐๐๐ฒ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐๐ซ๐ญ๐ฌ ๐๐๐ ๐ง๐๐ฌ๐ข๐ฎ๐ฆ ๐๐ข๐ ๐๐๐ฌ๐ญ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ:
โ Detailed overview of The Automotive Parts Magnesium Die Casting market.
โ Changing market dynamics of the industry.
โ In-depth market breakdown by Type, Application, etc.
โ Historic, existing, and predictable market size in terms of extent and worth.
โ Recent manufacturing trends and developments.
โ Competitive landscape of The Automotive Parts Magnesium Die Casting market.
โ Approaches to significant performers and product help.
โ Prospective and niche sectors/regions exhibiting promising growth.
๐๐ก๐ ๐จ๐๐ฃ๐๐๐ญ๐ข๐ฏ๐๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐๐ซ๐:
โ To analyze and forecast the market size of Automotive Parts Magnesium Die Casting in the global market.
โ To study the global key players, SWOT analysis, value, and market share of the global Automotive Parts Magnesium Die Casting for key players.
โ Determine, explain, and forecast the market by type, end-use, and region.
โ Analyze market potential and advantage, opportunity and challenge, constraints and risks of key global regions.
โ Discover significant trends and factors driving or restricting market growth.
โ Analyze opportunities in the market for stakeholders, identifying high-growth segments.
ย โ Critically analyze each submarket in terms of individual growth trends and its contribution to the market.
โ Understand competitive developments such as agreements, expansions, new launches products, and market holdings.
โ Strategically outline key players and comprehensively analyze their growth strategies.
๐๐๐๐ฅ๐ ๐จ๐ ๐๐จ๐ง๐ญ๐๐ง๐ญ๐ฌ:
Chapter 1: Introduction, Market Drivers Product Research, and Research Objectives Scope Automotive Parts Magnesium Die Casting Market
Chapter 2: Exclusive Summary โ Basic Information of Automotive Parts Magnesium Die Casting Market
Chapter 3: Displaying Market Dynamics โ Drivers, Trends, and Challenges of Automotive Parts Magnesium Die Casting
Chapter 4: Automotive Parts Magnesium Die Casting Market Factor Analysis Presentation Porters Five Forces, Supply/Value Chain, PESTEL Analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Display by Type, End-User, and County 2024-2030
Chapter 6: Assessment of Major Manufacturers in Automotive Parts Magnesium Die Casting Market Comprising Competitive Landscape, and Company Profiles
Chapter 7: To evaluate the Market by segments, countries, and manufacturers, with revenue share and sales by main countries for these different regions.
Chapters 8 and 9: Appendix, Methodology, and Data Source Display
Conclusion: All findings and estimates are provided at the end of the Automotive Parts Magnesium Die Casting Market report. It also includes key drivers and opportunities along with regional analysis. The segment analysis is also provided in terms of type and application.
๐๐ก๐ ๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐๐ซ๐ญ๐ฌ ๐๐๐ ๐ง๐๐ฌ๐ข๐ฎ๐ฆ ๐๐ข๐ ๐๐๐ฌ๐ญ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ ๐ข๐ฏ๐๐ฌ ๐๐ง๐ฌ๐ฐ๐๐ซ๐ฌ ๐ญ๐จ ๐ญ๐ก๐ ๐๐จ๐ฅ๐ฅ๐จ๐ฐ๐ข๐ง๐ :
What guidelines are followed by key performers to contest this Covid-19 condition?
What are the important matters drivers, opportunities, challenges, and dangers of the market?
will face surviving?
Which are the essential market players in the Automotive Parts Magnesium Die Casting industry?
What is the forecast compound annual growth rate (CAGR) of the global market for the duration of the forecast period (2024-2030)?
What could be the anticipated value of the Automotive Parts Magnesium Die Casting marketplace during the forecast period?
๐๐๐๐ ๐๐ก๐๐ฌ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐ข๐ง ๐๐ญ๐ก๐๐ซ ๐ฅ๐๐ง๐ ๐ฎ๐๐ ๐๐ฌ:
https://exactitudeconsultancy.com/ko/reports/14299/automotive-parts-magnesium-die-casting-market
https://exactitudeconsultancy.com/ja/reports/14299/automotive-parts-magnesium-die-casting-market
https://exactitudeconsultancy.com/de/reports/14299/automotive-parts-magnesium-die-casting-market
https://exactitudeconsultancy.com/fr/reports/14299/automotive-parts-magnesium-die-casting-market
https://exactitudeconsultancy.com/zh-CN/reports/14299/automotive-parts-magnesium-die-casting-market
๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ ๐ฌ๐๐ซ๐ฏ๐ข๐๐๐ฌ ๐๐ฏ๐๐ข๐ฅ๐๐๐ฅ๐ ๐จ๐ง ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ:
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https://exactitudeconsultancy.com/primary-research/
๐๐ก๐๐ง๐ค๐ฌ ๐๐จ๐ซ ๐ซ๐๐๐๐ข๐ง๐ ๐ญ๐ก๐ข๐ฌ ๐๐ซ๐ญ๐ข๐๐ฅ๐...!! ๐ฒ๐จ๐ฎ ๐๐๐ง ๐๐ฅ๐ฌ๐จ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ญ๐จ ๐ ๐๐ญ ๐ฌ๐๐ฅ๐๐๐ญ ๐๐ก๐๐ฉ๐ญ๐๐ซ๐ฌ ๐จ๐ซ ๐ซ๐๐ ๐ข๐จ๐ง-๐ฐ๐ข๐ฌ๐ ๐๐จ๐ฏ๐๐ซ๐๐ ๐ ๐ฐ๐ข๐ญ๐ก ๐ซ๐๐ ๐ข๐จ๐ง๐ฌ ๐ฌ๐ฎ๐๐ก ๐๐ฌ ๐๐ฌ๐ข๐, ๐๐จ๐ซ๐ญ๐ก ๐๐ฆ๐๐ซ๐ข๐๐, ๐๐ง๐ ๐๐ฎ๐ซ๐จ๐ฉ๐.
๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
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๐๐จ๐ง๐ญ๐๐๐ญ:
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