Market Overview:
The global low-pressure casting machine market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for low-pressure casting machines from the automobile industry, textile machinery, and aerospace industry. In addition, the growing demand for lightweight and high-strength materials is also contributing to the growth of this market. Asia Pacific is expected to be the fastest growing region during the forecast period owing to rising industrialization and increasing demand for lightweight materials in this region.
Product Definition:
A low-pressure casting machine is a machine used to produce castings by the low-pressure die casting process. The importance of a low-pressure casting machine is that it allows for the production of high quality castings with a minimum amount of porosity.
Vertical Type:
Vertical type is a method of casting where the molten metal is cast into a horizontal mold. The molten metal usually takes the form of an elongated sausage and can be either steel or alloy. Vertical casting allows for economies of scale in large-scale production, as it reduces transportation costs by eliminating the need to transport heavy molds and runners between sites.
Horizontal Type:
Horizontal type casting machine is used for molding and shaping metal parts in low-pressure conditions. Horizontal casting machine has advantages such as it can be used with different types of molds, it provides a high quality product, and the horizontal movement of the die causes no change in pressure which reduces wear & tear on die components.
Application Insights:
Automotive application segment accounted for the largest market share in 2017 and is projected to continue its dominance over the forecast period. The global automotive industry has been growing significantly owing to increasing disposable income, especially in emerging countries such as India and China. This trend is expected to continue over the forecast period, thereby driving product demand in this sector.
The textile machinery segment was valued at USD 636.3 million in 2017 due to rising demand from various end-use industries including construction materials.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has a large number of automotive manufacturers, which makes it a key regional segment. China is one of the largest countries for low-pressure casting machine manufacturing owing to its abundant supply of raw materials and labor at an economical cost.
Europe was estimated as the second-largest regional segment in 2017 on account of presence of major automobile manufacturers such as Daimler AG, BMW Group, Fiat Chrysler Automobiles N.V., Ford Motor Company Europe and others that are actively involved in developing new vehicles with lightweight components using LPCM process technology for improved fuel efficiency and reduced emissions coupled with enhanced performance characteristics required by consumers driving this vehicle class – all these factors are anticipated to drive demand for LPCM machines over the forecast period.
Growth Factors:
- Increasing demand for lightweight and high-strength materials in automotive and aerospace industries
- Growing popularity of low-pressure casting process over traditional casting processes
- Rising investments in research and development activities for the advancement of low-pressure casting technology
- Proliferation of automated systems for low-pressure casting machines that offer enhanced productivity and quality control
- Increasing demand from small-scale businesses for affordable, reliable, and easy-to-use low pressurecasting machines
Scope Of The Report
Report Attributes
Report Details
Report Title
Low-Pressure Casting Machine Market Research Report
By Type
Vertical Type, Horizontal Type
By Application
Automobile Industry, Textile Machinery, Aerospace Industry
By Companies
Fill, Kurtz Ersa, ISUZU MFG, LPM Group, Sinto, Wanfeng, Italpresse Gauss, OTTO JUNKER, Jiangsu Tianhong Machinery, Lian an Machinery Technology, OSAKA GIKEN, WELTOP MACHINERY, Nanjing Boqiao Machinery
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
148
Number of Tables & Figures
104
Customization Available
Yes, the report can be customized as per your need.
Global Low-Pressure Casting Machine Market Report Segments:
The global Low-Pressure Casting Machine market is segmented on the basis of:
Types
Vertical Type, Horizontal Type
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automobile Industry, Textile Machinery, Aerospace Industry
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Fill
- Kurtz Ersa
- ISUZU MFG
- LPM Group
- Sinto
- Wanfeng
- Italpresse Gauss
- OTTO JUNKER
- Jiangsu Tianhong Machinery
- Lian an Machinery Technology
- OSAKA GIKEN
- WELTOP MACHINERY
- Nanjing Boqiao Machinery
Highlights of The Low-Pressure Casting Machine Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Vertical Type
- Horizontal Type
- By Application:
- Automobile Industry
- Textile Machinery
- Aerospace Industry
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Low-Pressure Casting Machine Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Low-pressure casting machine is a type of casting machine used for producing small parts and components. It uses less pressure than other types of casting machines, which allows it to produce parts with a finer finish.
Some of the major companies in the low-pressure casting machine market are Fill, Kurtz Ersa, ISUZU MFG, LPM Group, Sinto, Wanfeng, Italpresse Gauss, OTTO JUNKER, Jiangsu Tianhong Machinery, Lian an Machinery Technology, OSAKA GIKEN, WELTOP MACHINERY, Nanjing Boqiao Machinery.
The low-pressure casting machine market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Low-Pressure Casting Machine Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Low-Pressure Casting Machine Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Low-Pressure Casting Machine Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Low-Pressure Casting Machine Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Low-Pressure Casting Machine Market Size & Forecast, 2020-2028 4.5.1 Low-Pressure Casting Machine Market Size and Y-o-Y Growth 4.5.2 Low-Pressure Casting Machine Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Vertical Type
5.2.2 Horizontal Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Automobile Industry
6.2.2 Textile Machinery
6.2.3 Aerospace Industry
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Low-Pressure Casting Machine Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Low-Pressure Casting Machine Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Vertical Type
9.6.2 Horizontal Type
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Automobile Industry
9.10.2 Textile Machinery
9.10.3 Aerospace Industry
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Vertical Type
10.6.2 Horizontal Type
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Automobile Industry
10.10.2 Textile Machinery
10.10.3 Aerospace Industry
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Vertical Type
11.6.2 Horizontal Type
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Automobile Industry
11.10.2 Textile Machinery
11.10.3 Aerospace Industry
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Vertical Type
12.6.2 Horizontal Type
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Automobile Industry
12.10.2 Textile Machinery
12.10.3 Aerospace Industry
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Vertical Type
13.6.2 Horizontal Type
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Automobile Industry
13.10.2 Textile Machinery
13.10.3 Aerospace Industry
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Low-Pressure Casting Machine Market: Competitive Dashboard
14.2 Global Low-Pressure Casting Machine Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Fill
14.3.2 Kurtz Ersa
14.3.3 ISUZU MFG
14.3.4 LPM Group
14.3.5 Sinto
14.3.6 Wanfeng
14.3.7 Italpresse Gauss
14.3.8 OTTO JUNKER
14.3.9 Jiangsu Tianhong Machinery
14.3.10 Lian an Machinery Technology
14.3.11 OSAKA GIKEN
14.3.12 WELTOP MACHINERY
14.3.13 Nanjing Boqiao Machinery