The aluminum die casting machinery is used to produce cast aluminum parts for applications in various end-user sectors, namely automotive, aerospace and defense, marine, telecommunications, and others, such as electronic appliances and renewable energy sectors. Aluminum cast parts offer several benefits over other types of nonferrous metals: - The use of aluminum for die cast makes it possible to attain complex designs and forms - Production rate is higher and faster than other nonferrous alloys and metals - Aluminum castings possess the strength of steel cast parts but are lighter in weight
Technavio’s analysts forecast the global aluminum die casting machinery market to grow at a CAGR of 7% during the period 2016-2020.
Covered in this report The report covers the present scenario and the growth prospects of the global aluminum die casting machinery market for 2016-2020. To arrive at the market size, we have taken into consideration the following: - The aluminum casting production - The number of nonferrous casting facilities in key countries in all the geographic regions considered in this report; these countries in each region account for nearly 90% of the respective regional markets in terms of aluminum die casting production - Assumption that there is 75% capacity utilization in the casting facilities
The market is divided into the following segments based on geography: - Americas - APAC - EMEA
Technavio's report, Global Aluminum Die Casting Machinery Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendorsoperating in this market.
Key vendors - Buhler - Oskar Frech - Italpresse - L. K. Machinery - Toshiba Machine
Market driver - Growing market for lightweight vehicles to reduce CO? emissions - For a full, detailed list, view our report
Market challenge - Application of die casting limited to large-scale production volumes - For a full, detailed list, view our report
Market trend - Simulation-based castings - For a full, detailed list, view our report
Key questions answered in this report - What will the market size be in 2020 and what will the growth rate be? - What are the key market trends? - What is driving this market? - What are the challenges to market growth? - Who are the key vendors in this market space? - What are the market opportunities and threats faced by the key vendors? - What are the strengths and weaknesses of the key vendors?
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