Global EV Die Casting Components Market Professional Survey by Types, Applications, and Players, with Regional Growth Rate Analysis and Development Situation, from 2023 to 2028

SKU ID : Maia- 24394409

Publishing Date : 24-Jul-2023

No. of pages : 114

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  • According to the latest research, the global EV Die Casting Components market size was valued at USD 6217.19 million in 2022 and is expected to expand at a CAGR of 45.34% during the forecast period, reaching USD 58609.77 million by 2028.

    Die casting is a metal fabrication process that involves pressing molten metal under high pressure into a reusable metal mold. EV Die Casting Components refers to die castings used in electric vehicles.

    All-in-one EV Die Casting Components
    Driven by the demand for lightweight design of electric vehicle bodies, the key parts of the body are developing in the direction of thin walls, high performance, and large-scale. Integrated die-casting refers to the high-level integration of multiple separate and dispersed aluminum alloy parts through a large-tonnage die-casting machine, and then molding and die-casting into 1-2 large aluminum castings, thereby replacing multiple parts by stamping and then welding them together. The way. For complete machine manufacturing companies, integrated die-casting products have greatly improved the production efficiency of automobile manufacturing plants and reduced production time compared with traditional process products. In general, one-piece die-casting products can shorten operating costs and reduce manufacturing costs for automotive manufacturers. Therefore, the currently integrated die-casting has become a common phenomenon in the industry, and the market demand for integrated die-casting products is increasing. For example, the design of the electric drive housing will also move from a stand-alone to an integrated design. From reducer, motor and electronic control have their own independent shell design, to the integration of motor, reducer and electronic control shell. With the development of high vacuum die casting technology, large tonnage dies casting machines and advanced molds, integrated EV Die Casting Components products will be the main direction of industry development.

    Risk of Volatility in the Electric Vehicle Industry
    The main market for EV Die Casting Components is in the field of electric vehicle components. In recent years, the electric vehicle market has grown rapidly, but the proportion of the total vehicle production and sales is still low, and the market promotion is still faced with many uncertain factors, such as the reduction of new energy vehicle subsidies year by year, the insufficient coverage of charging piles, and the inability to fully meet the cruising range. There are still differences in consumer demand and technology routes. In the future, if the development of the new energy vehicle market is repeated and the growth of production and sales is hindered, the company, as a supplier of new energy vehicle parts, if the above changes occur in the downstream industry, it will greatly affect the company's product sales and thus the company's operations performance.

    Region Overview:
    In global comparison, a significant portion of the revenue was generated in China (49.41% in 2021).

    Company Overview:
    RYOBI is one of the major players operating in the EV Die Casting Components market, holding a share of 12.32% in 2022.

    RYOBI
    Ryobi Limited has accumulated innovative technologies by manufacturing various components mainly for the automotive industry. The company mainly includes die-casting parts, builders' hardware, printing equipment, and four business segments of power tools. Ryobi is a world leader in die-casting manufacturing and offers a wide range of products including cylinder blocks, transmissions and chassis for the automotive industry.

    Hitachi Metals
    Hitachi Metals is a Japan-based company that operates through four divisions. The Advanced Metal Products and Materials segment produces specialty steels, rolls, amorphous metals and cutting tools. The Magnetic Materials and Applications segment produces magnets, soft ferrites, other soft magnetic materials, and more. The Premium Functional Components and Equipment segment produces foundry components, plumbing components and building components. The Wire, Cable and Related Products segment manufacture wire and cable, automotive products and information systems. Infrastructure, automotive and electronics are the target areas for the company's products.

    Segmentation Overview:
    By type, High Pressure Die Casting (HPDC) segment accounted for the largest share of market in 2021.

    High Pressure Die Casting (HPDC)
    In the process of high pressure die casting, molten metal or metal alloy is injected into the mold at high speed and pressure. High pressure die casting technology can produce very large light alloy parts at high volume and high speed.

    Gravity Die Casting (GDC)
    In gravity die casting, molten metal is poured directly from a ladle into semi-permanent or permanent molds. Gravity die casting technology is very suitable for the production of various complex aluminum castings for auto parts, such as turbochargers, brake calipers, steering knuckles, engine cylinder heads.

    Low Pressure Die Casting (LPDC)
    Low pressure die casting (LPDC) is a process commonly used in foundries today, in which molten metal slowly fills the mold, reducing turbulence. Automotive applications include wheels as well as suspension, steering and engine components.

    Application Overview:
    The market's largest segment by application is the segment Passenger Vehicle, with a market share of 76.04% in 2021.

    Two Wheeler
    A two-wheeler is a vehicle that runs on two wheels. It means that the product is used in the Two Wheeler Electric Vehicle.

    Passenger Vehicle
    A passenger car refers to a vehicle with fewer than nine seats and the main purpose of carrying passengers, including private cars and cars.

    Commercial Vehicle
    Commercial vehicles refer to vehicles with more than nine seats (including the driver's seat) or with the main purpose of carrying cargo.

    This report elaborates on the market size, market characteristics, and market growth of the EV Die Casting Components industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of EV Die Casting Components. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.

    Key Points this Global EV Die Casting Components Market Report Include:
    Market Size Estimates: EV Die Casting Components market size estimation in terms of revenue and sales from 2018-2028
    Market Dynamic and Trends: EV Die Casting Components market drivers, restraints, opportunities, and challenges
    Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the EV Die Casting Components market
    Segment Market Analysis: EV Die Casting Components market revenue and sales by type and by application from 2018-2028
    Regional Market Analysis: EV Die Casting Components market situations and prospects in major and top regions and countries
    EV Die Casting Components Market

    Competitive Landscape

    and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product/service profile and recent development/updates, etc.
    EV Die Casting Components Industry Chain: EV Die Casting Components market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
    EV Die Casting Components Industry News, Policies by regions
    EV Die Casting Components Industry Porters Five Forces Analysis

    Key players in the global EV Die Casting Components market are covered in Chapter 2:
    GuangDong PaiSheng
    Handtmann
    RYOBI
    Endurance
    Dongguan EONTEC Co
    Ningbo Xusheng Auto Technology Co
    DGS
    Nemak
    Gibbs Die Casting
    Guangdong Wencan Die Casting Co
    Guangdong Hongtu Technology
    Hitachi Metals
    KSM Castings Group
    IKD Co
    Martinrea Honsel
    Chicago White Metal Casting, Inc
    EMP Tech Co
    Dynacast
    Suzhou Chunxing Precision Mechanical Co

    In Chapter 6 and Chapter 9, on the basis of types, the EV Die Casting Components market from 2018 to 2028 is primarily split into:
    High Pressure Die Casting (HPDC)
    Gravity Die Casting (GDC)
    Low Pressure Die Casting (LPDC)
    Others

    In Chapter 7 and Chapter 10, on the basis of applications, the EV Die Casting Components market from 2018 to 2028 covers:
    Two Wheeler
    Passenger Vehicle
    Commercial Vehicle

    Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
    United States
    Europe
    China
    Japan
    India
    Southeast Asia
    Latin America
    Middle East and Africa
    Others

    In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.

    Chapter Outline
    This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:

    Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global EV Die Casting Components market size in terms of revenue, sales volume, and average price.

    Chapter 2 analyzes the main companies in the EV Die Casting Components industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.

    Chapter 3 is an analysis of the competitive environment of EV Die Casting Components market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.

    Chapter 4 is an analysis of the EV Die Casting Components industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.

    Chapter 5 focuses on EV Die Casting Components market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.

    Chapters 6-8 have segmented the EV Die Casting Components market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.

    Chapters 9-11 provide detailed EV Die Casting Components market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.

    Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.

    Years considered for this report:


    Historical Years:

    2018-2022

    Base Year:

    2022

    Estimated Year:

    2023

    Forecast Period:

    2023-2028

    Frequently Asked Questions



    This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

    • By product type
    • By End User/Applications
    • By Technology
    • By Region

    The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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