Market Size (2018)
$2.15B
Market Research Report
Die Casting Machine Market
Die Casting Machine Market Research Report: Size, Share, Trend Analysis Type (Cold Chamber, Hot Chamber, Gravity), Material (Aluminum, Zinc, Magnesium, Others), Application (Transportation, Manufacturing, Construction, Application_Others) and By Region (Asia Pacific, South America, Europe, North America, Middle East and Africa) - Growth Outlook & Industry Forecast To 2025
Vertical: AutoBase Year: 20189 Sections
Executive Summary
Die Casting Machine Market — Snapshot
Projected (2025)
$3.41B
CAGR (2017–2025)
6.7%
Key Players
13+
The growth of the die casting machine market is driven by various factors such as the growth of manufacturing sector, growth of the end-use industries, and demand for high-strength and lightweight casting. However, the growth of the market can be hindered due to high capital and operating expenditure.
The global die casting machine market has been segmented based on type, material and application. On the basis of type, the global market has been segmented into hot chamber die casting machine, cold chamber die casting machine, and gravity die casting machine. In 2018, the cold chamber die casting machine segment accounted for the largest market share of 52.22% with a market value of USD 1,122.2 million. It is projected to grow at 6.75% CAGR during the forecast period.
On the basis of material, the global market has been segmented into aluminum, zinc, magnesium, and others. In 2018, the aluminum segment accounted for the considerable market share of 62.32% with a market value of USD 1,339.4 million. It is projected to grow at 7.10% CAGR during the forecast period.
On the basis of application, the global market has been segmented into transportation, manufacturing, construction, and others. In 2018, the transportation segment accounted for the substantial market share of 53.13% with a market value of USD 1,141.9 million. It is projected to grow at 7.13% CAGR during the forecast period.
Key Insight
The Die Casting Machine Market market is projected to grow at a CAGR of 6.7% from 2017 to 2025.
Subscribe to Wantstats
Unlock premium reports, insights, blogs, charts and more.
View Subscription PlansMarket Scope & Coverage
What this report covers
- Geographic Coverage: This analysis covers 5 regions: Asia Pacific, South America, Europe, North America, Middle East and Africa.
- Market Segmentation: The market is analyzed across 3 segments: Cold Chamber, Hot Chamber, Gravity. Forecasts are provided for each segment from 2017 to 2025.
- Competitive Landscape: 13 leading companies are profiled, covering market positioning, strategies, and recent developments.
Subscribe to Wantstats
Unlock premium reports, insights, blogs, charts and more.
View Subscription PlansDie Casting Machine Market
Starting from
$4,950
