Market Overview:
The global automobile metal castings market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for automobiles across the globe and rising adoption of lightweight materials in vehicles. The global automobile metal castings market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into steel casting, magnesium casting, aluminium casting, zinc casting, and others. The steel casting segment dominates the global automotive metal castings market owing to its high strength-to-weight ratio and corrosion resistance properties as compared to other metals used in automotive applications such as aluminium or magnesium alloys. However, with growing concerns over weight reduction in vehicles due to stringent fuel economy norms being implemented by various governments across regions worldwide; there has been a shift towards using lighter weight materials such as aluminium alloys for automotive applications which is expected to drive growth of this segment over the forecast period. On the basis of application,the global automobile metal castingsmarketis divided into body structure & interior system components; chassis system components; powertrain system components; and other components (e g brake systems).
Product Definition:
An automobile metal casting is a part that is manufactured by pouring molten metal into a mold and allowing it to cool. The part can then be machined or finished as needed. Automobile metal castings are important because they are used in many of the components of an automobile. They can be found in everything from the engine to the suspension system.
Steel Casting:
Steel casting is one of the most common metal casting processes. It's also a very important process in terms of growth factor in automobile metal castings market. The basic raw materials required for steel casting include iron ore, sand, and scrap or reference material (ore). Iron ore is first processed to remove unwanted materials like sulfur, silica and other impurities.
Magnesium Castings:
Magnesium castings are used in the automotive industry for metal casting applications. It is a type of mold that is made from magnesium and it consists of two parts, namely the sprue and the sand mold. The sprue half has a cavity inside which holds sand or other materials to be molds during the process of metal casting.
Application Insights:
The body structure and interior system application segment accounted for the largest revenue share in 2017. This is attributed to the growing demand for passenger vehicles in developing countries, such as India, China, Thailand and Indonesia. In addition, increasing production capacities of OEMs across key markets globally will fuel industry expansion over the forecast period.
The chassis system application segment is expected to witness significant growth over the forecast period owing to its wide scope in terms of applications including underbody cross-car components (axle housing/ kingpin assembly), front end modules (frame rails/cross-members), rear end modules (trailers) and side member cross-car components (side rails). The powertrain system includes various metal castings that are used along with engine parts during manufacturing of an automobile engine block or transmission case. These include valve cover gaskets/cap screws, oil pan bolts etc., Other castings include air intake manifold flapper valves and coolant reservoir caps among others.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a share of more than 30% in terms of revenue and is likely to witness significant growth over the coming years. This can be attributed to increasing automobile production, sales, and exports from China, India, Japan, South Korea, Thailand as well as other countries such as Indonesia and Malaysia.
The Asia Pacific region has witnessed an increase in demand for lightweight vehicles with reduced weight compared to their counterparts manufactured using metal casting methods. In addition high investments being made by various governments towards developing smart cities are anticipated to boost industry growth across this region significantly during the forecast period.
Growth Factors:
- Increasing demand for automobiles due to rising population and income levels in developing countries
- Technological advancements in automobile manufacturing that require high-quality metal castings
- Growing popularity of lightweight vehicles that use aluminum and magnesium alloys for castings
- Rising demand from the automotive aftermarket for replacement parts and accessories
- Increased focus on fuel efficiency and emissions reduction by automakers
Scope Of The Report
Report Attributes
Report Details
Report Title
Automobile Metal Castings Market Research Report
By Type
Steel Casting, Magnesium Castings, Aluminium Casting, Zinc Casting, Others
By Application
Body Structure and Interior System, Chassis System, Powertrain System, Other
By Companies
Meridian, Georg Fischer, Handtmann, KSM Casting, Ryobi Group, Shiloh Industries, DGS Druckgussysteme AG, Gibbs, SCL, Nemak, Rheinmetall Automotive, Dongfeng Motor Company Limited, Zhaoqing Honda Metal, Changzhou Nonferrous Casting, Jiangsu Zhongyi
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
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Automobile Metal Castings Market Report Segments:
The global Automobile Metal Castings market is segmented on the basis of:
Types
Steel Casting, Magnesium Castings, Aluminium Casting, Zinc Casting, Others
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
Body Structure and Interior System, Chassis System, Powertrain System, Other
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:
- Meridian
- Georg Fischer
- Handtmann
- KSM Casting
- Ryobi Group
- Shiloh Industries
- DGS Druckgussysteme AG
- Gibbs
- SCL
- Nemak
- Rheinmetall Automotive
- Dongfeng Motor Company Limited
- Zhaoqing Honda Metal
- Changzhou Nonferrous Casting
- Jiangsu Zhongyi
Highlights of The Automobile Metal Castings 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:
- Steel Casting
- Magnesium Castings
- Aluminium Casting
- Zinc Casting
- Others
- By Application:
- Body Structure and Interior System
- Chassis System
- Powertrain System
- Other
- 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 Automobile Metal Castings 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.
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- Correctly Positioning New Products
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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?
Automobile metal castings are a type of metal casting that is used to create parts for automobiles. These parts can include engines, transmissions, and other components. Automobile metal castings are often made from high-quality metals such as aluminum or steel.
Some of the key players operating in the automobile metal castings market are Meridian, Georg Fischer, Handtmann, KSM Casting, Ryobi Group, Shiloh Industries, DGS Druckgussysteme AG, Gibbs, SCL, Nemak, Rheinmetall Automotive, Dongfeng Motor Company Limited, Zhaoqing Honda Metal, Changzhou Nonferrous Casting, Jiangsu Zhongyi.
The automobile metal castings market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Automobile Metal Castings Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Automobile Metal Castings Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Automobile Metal Castings Market - Supply Chain
4.5. Global Automobile Metal Castings Market Forecast
4.5.1. Automobile Metal Castings Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Automobile Metal Castings Market Size (000 Units) and Y-o-Y Growth
4.5.3. Automobile Metal Castings Market Absolute $ Opportunity
5. Global Automobile Metal Castings Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Automobile Metal Castings Market Size and Volume Forecast by Type
5.3.1. Steel Casting
5.3.2. Magnesium Castings
5.3.3. Aluminium Casting
5.3.4. Zinc Casting
5.3.5. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Automobile Metal Castings Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Automobile Metal Castings Market Size and Volume Forecast by Application
6.3.1. Body Structure and Interior System
6.3.2. Chassis System
6.3.3. Powertrain System
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Automobile Metal Castings Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Automobile Metal Castings Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Automobile Metal Castings Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Automobile Metal Castings Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Automobile Metal Castings Demand Share Forecast, 2019-2026
9. North America Automobile Metal Castings Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Automobile Metal Castings Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Automobile Metal Castings Market Size and Volume Forecast by Application
9.4.1. Body Structure and Interior System
9.4.2. Chassis System
9.4.3. Powertrain System
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Automobile Metal Castings Market Size and Volume Forecast by Type
9.7.1. Steel Casting
9.7.2. Magnesium Castings
9.7.3. Aluminium Casting
9.7.4. Zinc Casting
9.7.5. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Automobile Metal Castings Demand Share Forecast, 2019-2026
10. Latin America Automobile Metal Castings Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Automobile Metal Castings Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Automobile Metal Castings Market Size and Volume Forecast by Application
10.4.1. Body Structure and Interior System
10.4.2. Chassis System
10.4.3. Powertrain System
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Automobile Metal Castings Market Size and Volume Forecast by Type
10.7.1. Steel Casting
10.7.2. Magnesium Castings
10.7.3. Aluminium Casting
10.7.4. Zinc Casting
10.7.5. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Automobile Metal Castings Demand Share Forecast, 2019-2026
11. Europe Automobile Metal Castings Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Automobile Metal Castings Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Automobile Metal Castings Market Size and Volume Forecast by Application
11.4.1. Body Structure and Interior System
11.4.2. Chassis System
11.4.3. Powertrain System
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Automobile Metal Castings Market Size and Volume Forecast by Type
11.7.1. Steel Casting
11.7.2. Magnesium Castings
11.7.3. Aluminium Casting
1.7.4. Zinc Casting
11.7.5. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Automobile Metal Castings Demand Share, 2019-2026
12. Asia Pacific Automobile Metal Castings Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Automobile Metal Castings Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Automobile Metal Castings Market Size and Volume Forecast by Application
12.4.1. Body Structure and Interior System
12.4.2. Chassis System
12.4.3. Powertrain System
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Automobile Metal Castings Market Size and Volume Forecast by Type
12.7.1. Steel Casting
12.7.2. Magnesium Castings
12.7.3. Aluminium Casting
12.7.4. Zinc Casting
12.7.5. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Automobile Metal Castings Demand Share, 2019-2026
13. Middle East & Africa Automobile Metal Castings Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Automobile Metal Castings Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Automobile Metal Castings Market Size and Volume Forecast by Application
13.4.1. Body Structure and Interior System
13.4.2. Chassis System
13.4.3. Powertrain System
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Automobile Metal Castings Market Size and Volume Forecast by Type
13.7.1. Steel Casting
13.7.2. Magnesium Castings
13.7.3. Aluminium Casting
13.7.4. Zinc Casting
13.7.5. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Automobile Metal Castings Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Automobile Metal Castings Market: Market Share Analysis
14.2. Automobile Metal Castings Distributors and Customers
14.3. Automobile Metal Castings Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Meridian
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Georg Fischer
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Handtmann
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. KSM Casting
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Ryobi Group
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Shiloh Industries
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. DGS Druckgussysteme AG
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Gibbs
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. SCL
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Nemak
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Rheinmetall Automotive
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Dongfeng Motor Company Limited
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Zhaoqing Honda Metal
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Changzhou Nonferrous Casting
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Jiangsu Zhongyi
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
