Global Aluminum Parts Gravity Die Casting Market to reach USD 7.4 billion by 2027.Global Aluminum Parts Gravity Die Casting Market to reach USD 7.4 billion by 2027.

Global Aluminum Parts Gravity Die Casting Market is valued approximately at USD 5.35 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 4.82% over the forecast period 2021-2027. Aluminum Die Casting is a most preferred process for the casting of aluminum around the globe due to the high accuracy imparted by this process. Aluminum is a metal that is 2.5 times lighter than steel. Also, increase in uses of end application are increasing continuously, which is expected to drive the aluminum die casting market for the near future. The characteristics of aluminum, such as machinability, resistance to corrosion, and so on, are some further advantages that increase the feasibility of aluminum die casing products for a variety of end - use applications. the market is driven by the key factors such as Increasing penetration of die casting parts in industrial machinery and growing constructional sector. According to Statista, the construction sector in India contributed more than USD 36 billion to the country's GDP in January 2019. This was an all-time high contribution for the sector. The railway industry in the country received the biggest financial allocation ever in 2019. However, Gradual shifting focus towards zinc die casting, may impede market growth over the forecast period of 2021-2027.

Asia-Pacific is the largest automotive market in the world. China is the world's leading exporter of aluminum and aluminum products. The region is characterized by the availability of skilled labor at a cheap cost, making it the most accessible location for company to build manufacturing plants. Furthermore, a shift in the global manufacturing environment toward South Asian nations is projected to boost market growth during the forecast period.

Major market player included in this report are:

MAN Group Co. United Kingdom
Rockman Industries
Minda Corporation Limited
Endurance Technologies Limited
Harrison Castings Limited
Hitachi Metals Ltd
MRT Castings Ltd
Vostermans Companies
Sundaram Clayton Ltd
CIE Automotive



The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Application:
Automotive
Electrical and Electronics
Industrial Applications
Other Applications
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
InDie
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027.

Target Audience of the Global Aluminium Parts Gravity Die Casting Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors