Automotive Metal Casting Market Growth Report, Key Players – Hunter Women’s Chronicle

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Automotive Metal Casting Market report forecasting growth through production revenue by 2027, with profile of key players. What are the drivers for the exponential expansion of the metal casting market? What is the demand for each product segment? What challenges do companies face in satisfying their end customers? Secondly, it is an analysis of the main players in the metal casting industry.

introduction

North America is the world’s largest automotive market for vehicles and other automotive metal casting regions, with automakers such as Daimler, General Motors, Toyota, etc. Building on this strong market penetration, a number of global players such as Rolls-Royce Motor Cars have also ventured into the North American market from 2003. Driven by product innovations and aggressive marketing, the companies have met with major success, indicated by steady sales growth of 28% across various products over the forecast period

Automotive Metal Casting Market Overview and Forecast

In order to monitor the automotive foundry market, latest technological developments and advancements especially in metallurgy, metal processing, die casting and foundry are required.

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Analysis of key players

The industry has experienced immense growth over the past few years. New automotive metal surfaces such as bodywork and steel are slowly becoming popular among car manufacturers. Cast aluminum is an interesting technology that combines casting automation for high quality with dust-free surface finishes. This can benefit the application because engineers no longer need a complex sculpted piece of metal to do the job when alumina or stainless steel programs already exist.

Industry share: product types, end users and geography

The automotive foundry market is expected to reach USD 46.04 billion by 2025, according to a report by Market Research. The segment is expected to grow at a CAGR of 5.9% during the forecast period.

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Market Outlook: Technological Developments and Competitive Scenario

The global market reached USD 7.2 billion by 2022, with China dominating the market share with a CAGR of 18.0%. The UAE was expected to lead the Middle East and Africa region growing at a CAGR of 16.8% during the forecast period 2018-2022.

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