Automotive Metal Casting Industry Global Market Analysis Report 2018


Posted November 14, 2018 by abhi021991

Automotive Metal Casting Industry Global Market Analysis Report 2018.
 
Automotive Metal Casting Market 2018 Global Research Report, Global Automotive Metal Casting Market growing at a double-digit CAGR by the forecast period of 2018 to 2023. Global Automotive Metal Casting Market Information Report by Application (Body Assembly, Engine, and Transmission), Material (Aluminum Casting, Cast Iron, Magnesium Casting and Zinc Casting), and by Regions - Global Forecast To 2023

The key players of global Automotive Metal Casting market are Nemak (Mexico), Ryobi Limited (Japan), Rheinmetall Automotive (Germany), GF Automotive (Switzerland), Ahresty Corporation (Japan), and Dynacast (U.S.). In 2016, these companies accounted for a share of XX% of the global market.

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Automotive Metal Casting Market Highlights:

Over the past decade, it has been experienced that the price of crude oil barrels is increasing very rapidly and also the availability the crude oil is decreasing. Due to these factors, the mind-set of a large pool of population is shifting their preference towards electric vehicles. In the last 3 to 4 years, the demand for electric vehicles in the United States is rapidly increasing and there has been around 70% of year-over-year growth in the sales. Along with the United States, Norway has also put a step ahead and has shifted more focus towards electric vehicles. As per the market statistics, every third of a new car is electric and also the country has the highest proportion of 6.4%, worldwide, followed by Sweden i.e. 3.4%. Such a shift towards electric vehicles due to rapidly rising fuel prices, is expected to positively impact the automotive metal casting market. 

The automotive industry is in the nascent stage in the Middle East and the South America. The market for automotive metal casting is expected to have a steady growth during the forecast period. Overall shift in the global automotive industry is favoring the Asia Pacific region as a whole in leading the charge to be the next automotive powerhouse.

On the basis of applications, the global automotive metal casting market has been segmented as chassis and exterior.  On the basis of vehicle type the market has been segmented as passenger vehicle and commercial vehicle. On the basis of regions the market has been segmented as North America, Europe, Asia-Pacific, Middle East & Africa and Latin America.

With manufacturers focusing on development of lightweight components for automobiles, the demand for fuel efficient vehicles, is rising across the globe. Stringent government policies in the form of emission taxes and penalties, and rising awareness regarding the environment, are expected aid the growth of automotive metal casting market.  With manufacturers investing in development of lightweight structural sheet metal to be integrated in vehicles to reduce emissions, the market is poised for rapid growth during the forecast period.  

Major Table of Content:

1 Executive Summary

2 Research Methodology

2.1 Scope Of The Study

2.1.1 Definition

2.1.2 Research Objective

2.1.3 Assumptions

2.1.4 Limitations

2.2 Research Process

2.2.1 Primary Research

2.2.2 Secondary Research

2.3 Market Size Estimation

2.4 Forecast Model

3 Market Dynamics

3.1 Market Drivers

3.2 Market Inhibitors

3.3 Supply/Value Chain Analysis

3.4 Porter’s Five Forces Analysis

Continued…

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Categories Automotive , Business , Industry
Tags automotive metal casting industry
Last Updated November 14, 2018