Market Overview:
The global automotive high precision mold 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 high-precision molded parts in passenger cars, trucks, racing cars, and other applications. In terms of type, the singleface mold segment is expected to hold the largest share of the global automotive high precision mold market during the forecast period. This can be attributed to its ability to produce complex shapes with tight tolerances and superior finish quality. In terms of application, passenger car is expected to hold the largest share of the global automotive high precision mold market duringthe forecast period owingtoits growing demand for fuel-efficient and lightweight vehicles across all regions.
Product Definition:
An automotive high precision mold is a tool used in the manufacturing of car parts. It is a specialized type of mold that is used to create very precise, highly detailed parts. The use of a high precision mold allows for the creation of car parts that are extremely accurate and have a very low level of defect. This results in improved quality and performance for the finished product.
Singleface Mold:
Singleface mold is a type of injection molding that creates one component at a time. It's major advantage is that it reduces the number of tools required to create an entire product, this helps in reducing cost and inventory. Single face molds are used for creating prototype automotive parts such as engine covers, cylinder heads, brake calipers and rotors among others.
Stack Mold:
The stack mold is a type of injection molding machine that consists of upper and lower molds which are joined together to form a single unit. The upper mold holds the part or parts while the lower one provides the cavity for it. This allows faster production as compared to other machines with individual molds.
Advantages such as fast cycle time, reduced material wastage, increased efficiency & performance coupled with high precision make this machine more preferable in automotive industry over others.
Application Insights:
Passenger car was the largest segment in 2017 and accounted for a market share of more than 50% in terms of revenue. The demand is expected to be driven by high product accuracy, low cost and extensive use in various automotive components such as power trains, body panels, interior modules and chassis.
The truck application segment is estimated to witness significant growth over the forecast period owing to its increasing adoption across transportation & logistics industry. In addition, rising demand from end-use industries such as construction equipment manufacturing will boost industry growth over the coming years.
Racing car application segment also has promising growth potential due to increased popularity motorsports including Formula One Championship Series (F1 CS), American Le Mans Series (ALMS) among others around the globe.
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 owing to high demand from key application sectors such as passenger cars, commercial vehicles, and racing cars. China is projected to remain a major contributor towards regional growth owing to rapid industrialization coupled with low manufacturing cost.
The North American market was valued at USD X million in 2017 and is anticipated to witness significant growth over the forecast period on account of increasing investments by various companies for development of new technologies along with growing automotive production levels across Mexico and Canada will boost industry expansion.
Europe accounted for a considerable share in terms of both volume as well as revenue generation due mainly on high demand from Germany, France Italy, U K.
Growth Factors:
- Increasing demand for luxury and high-performance vehicles
- Rising demand from emerging markets
- Technological advancements in automotive manufacturing processes
- Growing popularity of electric and hybrid vehicles
- Proliferation of advanced materials
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive High Precision Mold Market Research Report
By Type
Singleface Mold, Stack Mold, Others
By Application
Passenger Car, Truck, Racing Car, Other
By Companies
Barnes Group, OKE Group, Nypromold, GF Machining Solutions GmbH, Mitsubishi, Sodick, Makino, FANUC, Nichiei Co.,Ltd., Wellmei mold, Barnes Group, Hanking Mould, MIDA
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
215
Number of Tables & Figures
151
Customization Available
Yes, the report can be customized as per your need.
Global Automotive High Precision Mold Market Report Segments:
The global Automotive High Precision Mold market is segmented on the basis of:
Types
Singleface Mold, Stack Mold, 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
Passenger Car, Truck, Racing Car, 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:
- Barnes Group
- OKE Group
- Nypromold
- GF Machining Solutions GmbH
- Mitsubishi
- Sodick
- Makino
- FANUC
- Nichiei Co.,Ltd.
- Wellmei mold
- Barnes Group
- Hanking Mould
- MIDA
Highlights of The Automotive High Precision Mold 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:
- Singleface Mold
- Stack Mold
- Others
- By Application:
- Passenger Car
- Truck
- Racing Car
- 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 Automotive High Precision Mold 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Automotive High Precision Mold is a type of mold that is used to create parts for automobiles. It has a precision that is much higher than the standard mold, which allows for more accurate and consistent manufacturing.
Some of the major players in the automotive high precision mold market are Barnes Group, OKE Group, Nypromold, GF Machining Solutions GmbH, Mitsubishi, Sodick, Makino, FANUC, Nichiei Co.,Ltd., Wellmei mold, Barnes Group, Hanking Mould, MIDA.
The automotive high precision mold market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive High Precision Mold 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 Automotive High Precision Mold Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automotive High Precision Mold 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 Automotive High Precision Mold 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 Automotive High Precision Mold Market Size & Forecast, 2018-2028
4.5.1 Automotive High Precision Mold Market Size and Y-o-Y Growth
4.5.2 Automotive High Precision Mold Market Absolute $ Opportunity
Chapter 5 Global Automotive High Precision Mold 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 Automotive High Precision Mold Market Size Forecast by Type
5.2.1 Singleface Mold
5.2.2 Stack Mold
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Automotive High Precision Mold 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 Automotive High Precision Mold Market Size Forecast by Applications
6.2.1 Passenger Car
6.2.2 Truck
6.2.3 Racing Car
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive High Precision Mold 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 Automotive High Precision Mold 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 Automotive High Precision Mold Analysis and Forecast
9.1 Introduction
9.2 North America Automotive High Precision Mold 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 Automotive High Precision Mold Market Size Forecast by Type
9.6.1 Singleface Mold
9.6.2 Stack Mold
9.6.3 Others
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 Automotive High Precision Mold Market Size Forecast by Applications
9.10.1 Passenger Car
9.10.2 Truck
9.10.3 Racing Car
9.10.4 Other
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 Automotive High Precision Mold Analysis and Forecast
10.1 Introduction
10.2 Europe Automotive High Precision Mold 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 Automotive High Precision Mold Market Size Forecast by Type
10.6.1 Singleface Mold
10.6.2 Stack Mold
10.6.3 Others
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 Automotive High Precision Mold Market Size Forecast by Applications
10.10.1 Passenger Car
10.10.2 Truck
10.10.3 Racing Car
10.10.4 Other
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 Automotive High Precision Mold Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Automotive High Precision Mold 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 Automotive High Precision Mold Market Size Forecast by Type
11.6.1 Singleface Mold
11.6.2 Stack Mold
11.6.3 Others
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 Automotive High Precision Mold Market Size Forecast by Applications
11.10.1 Passenger Car
11.10.2 Truck
11.10.3 Racing Car
11.10.4 Other
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 Automotive High Precision Mold Analysis and Forecast
12.1 Introduction
12.2 Latin America Automotive High Precision Mold 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 Automotive High Precision Mold Market Size Forecast by Type
12.6.1 Singleface Mold
12.6.2 Stack Mold
12.6.3 Others
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 Automotive High Precision Mold Market Size Forecast by Applications
12.10.1 Passenger Car
12.10.2 Truck
12.10.3 Racing Car
12.10.4 Other
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) Automotive High Precision Mold Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Automotive High Precision Mold 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) Automotive High Precision Mold Market Size Forecast by Type
13.6.1 Singleface Mold
13.6.2 Stack Mold
13.6.3 Others
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) Automotive High Precision Mold Market Size Forecast by Applications
13.10.1 Passenger Car
13.10.2 Truck
13.10.3 Racing Car
13.10.4 Other
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 Automotive High Precision Mold Market: Competitive Dashboard
14.2 Global Automotive High Precision Mold Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Barnes Group
14.3.2 OKE Group
14.3.3 Nypromold
14.3.4 GF Machining Solutions GmbH
14.3.5 Mitsubishi
14.3.6 Sodick
14.3.7 Makino
14.3.8 FANUC
14.3.9 Nichiei Co.,Ltd.
14.3.10 Wellmei mold
14.3.11 Barnes Group
14.3.12 Hanking Mould
14.3.13 MIDA
