0
2017
Asia & Middle East Automotive Tooling (molds) Market

Asia & Middle East Automotive Tooling (Molds) Market by Type (Plastic Molds; Forged Products; and Gauges, Jigs & Fixtures) - Opportunity Analysis and Industry Forecast, 2017-2023
Update Available On-Demand

A04160
Pages: 195
Nov 2017 | 6969 Views
Author(s) : Preksha Verma & Ankush Yadav
Tables: 66
Charts: 55
  • Formats*:

  • SIngle User License, Five User
    License & Enterprise User License

  • Data Pack Excel License

  • It comes with the additional cost
    of $2500.00 contact sales.

 

COVID-19

Pandemic disrupted the entire world and affected many industries.

Get detailed COVID-19 impact analysis on the Asia & Middle East Automotive Tooling (molds) Market

Request Now !

Asia & Middle East Automotive Tooling (Molds) Market Overview:

Asia & Middle East Automotive Tooling (Molds) Market is expected to reach $27,148 million in 2023, from $18,564 million in 2016, growing at a CAGR of 5.7% from 2017 to 2023. Automotive tooling plays a vital role in providing the desired shape and design to automotive components and parts. Further, the shape of these parts and components determine the efficient functioning of the vehicles. For instance, the powertrain system, transmission, and steering systems constitute of aggregation of various components that work together to deliver the motion of the vehicles.

Plastic molds are applicable in prototyping of original equipment manufacturers (OEM), and exteriors of vehicles, owing to flexibility in designing and color control. Thus, automotive tooling (molds) plays crucial role in production of vehicles such as passenger cars, trucks, vans, buses, and automotive OEM among others.

The demand for Asia & Middle East automotive tooling (molds) is driven by the increase in demand for commercial vehicles such as dump trucks, buses, vans, trailer trucks, and heavy vehicles from emerging economies. Further, the versatile benefits associated with automotive tooling, such as reusability, reduced costs of labor, and consistent quality, are expected to fuel this growth during the forecast period. Moreover, the lightweight property of plastic molds-based products and flexibility in design provide assistance in reducing the overall weight of the vehicle and subsequently enhance the visual appeal of the vehicles; this is also anticipated to boost the market growth. Integration of tooling equipment into industrial robotics arms to offer superior precision and accuracy of the parts and components offer lucrative opportunities to the manufacturers in the coming years.

Segment Overview

The Asia & Middle East automotive tooling (molds) market is segmented on the basis of type and geography. On the basis of type, it is classified into plastic molds; forged products; and gauges, jigs & fixtures. Geographically, the market is analyzed across Southeast Asia, Australia, South Asia, and Middle East.

The key players operating in the Asia & Middle East automotive tooling (molds) market are AABCO Machine Technology SDN BHD, Bharat Forge Limited, EL Forge Limited, Eneel Precision Engineering SDN BHD, Kisaan Steels (P.) Ltd., Mechanite Engineering Solutions, MQ Precision Hardware Co., Ltd., NTN Corporation, SR Green Products, Sumitomo Corporation, Tokai Engineering Private Limited, and Y-Tec Corporation.

Market Segmentation

Asia & Middle East Automotive Tooling (Molds) Market by geography

Get more information on this report : Request Sample Pages

South Asia is expected to witness lucrative growth opportunities, thereby registering the highest growth rate, owing to the growth of automotive industry, increase in demand for commercial vehicles, and availability of low cost of production.

Top Impacting Factors

Asia & Middle East Automotive Tooling (Molds) Market by type

Get more information on this report : Request Sample Pages

With the increase in production of commercial vehicles and passenger cars, the demand for automotive tooling (molds) has multiplied significantly. In addition, the plastic molds offer flexibility in design and superior color control over the molds based products. The lightweight nature of the plastic molds products provides assistance in lowering the overall weight of the vehicles.

However, the initial high cost of investment for automotive tooling is expected to hinder the market. Moreover, subsequent improvement in 3D printing capabilities owing to technological advancement is expected to influence the growth of the automotive tooling market.

Key Benefits

  • The study provides an in-depth analysis of the Asia & Middle East automotive tooling (molds) market and current & future trends to elucidate the imminent investment pockets.
  • Information about key drivers, restrains, and opportunities and their impact analysis on the market is provided.
  • Porters Five Forces analysis illustrates the potency of buyers & suppliers operating in the industry.
  • The quantitative analysis of the market from 2017 to 2023 is provided to determine the market potential.

Asia & Middle East Automotive Tooling (Molds) Market Key Segments:

By Type

  • Plastic Molds
  • Forged Products
  • Gauges, Jigs & Fixtures

By Geography

  • Southeast Asia
    • Thailand
    • Singapore
    • Malaysia
    • Japan
    • Vietnam
    • Myanmar
  • Australia
  • South Asia
    • India
    • Bangladesh
    • China
    • Pakistan
  • Middle East
    • Saudi Arabia
    • Oman
    • UAE
    • Israel
    • Turkey
    • Rest of Middle East

Key Market Players

  • AABCO Machine Technology SDN BHD
  • Bharat Forge Limited
  • EL Forge Limited
  • Eneel Precision Engineering SDN BHD
  • Kisaan Steels (P.) Ltd.
  • Mechanite Engineering Solutions
  • MQ Precision Hardware Co., Ltd.
  • NTN Corporation
  • SR Green Products
  • Sumitomo Corporation
  • Tokai Engineering Private Limited
  • Y-Tec Corporation
 

Loading Table Of Content...


 
 

Automotive tooling (molds) plays a vital role in production of various commercial, passenger cars, and automotive OEMs in various emerging economies. They assist in achieving the desired shape and design of various automotive components and parts of the automotive. Currently, out of the available automotive tooling types, the forged products hold the largest share of the global market. Moreover, it is expected to continue to dominate the market during the forecast period, owing to their application in powertrain, transmission, suspension, and steering systems. In addition, increase in demand for commercial vehicles, especially from emerging economies, is projected to drive the growth of automotive tooling (molds) market in the future.

South Asia accounted for a major market share in the Asia & Middle East automotive tooling (molds) market in 2016, owing to the significant production of automobiles in this region. Further, Asia-Pacific is expected to witness the highest growth rate of 6.2%, owing to the rise in demand for commercial vehicles and passenger cars.

Flash Sale
PURCHASE OPTIONS

Start reading instantly ,This Report and over 13000+ more Reports, Available with Avenue Library, T&C*

Call or Email us

U.S.-Canada
Toll-free :
+1-800-792-5285
Int'l : +1-503-894-6022
Europe : + 44-845-528-1300
Email : help@alliedmarketresearch.com

Looking for Customization?

 Customization Request

Have a Question?

 Speak with Analyst

Any Confusion?

 Inquire Before Buying

Have a glance of the Report

  Request Free Sample
 

HAVE QUESTIONS?
SPEAK WITH ANALYST

 

FREQUENTLY ASKED
QUESTIONS?

 

DID YOU MISS ANYTHING?
DO YOU HAVE SPECIFIC REQUIREMENTS?

 

Download Free Sample

OR

Purchase Full Report of
Asia & Middle East Automotive Tooling (molds) Market

Start reading instantly.
This Report and over 13,000+ more Reports, Available with Avenue Library. T&C*.

  • Online Only
  • $3,217  $2,895
  • Online cloud access only
  • Restricted print, copy, paste & download
  • Read only
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Data Pack
  • $3,574  $3,217
  • Restricted to one authorized user
  • One print only
  • Available in
    Excel
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Single User
  • $4,999  $4,249
  • Restricted to one authorized user
  • One print only
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Five Users
  • $6,004  $5,103
  • Limited to five authorized users
  • Print upto five copies
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Enterprise
    License/PDF

  • $9,373  $7,498
  • Unlimited
    within
    company/enterprise
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Library
    Membership

  • $ 999
    Per User/ Per month/ Billed annually
  • Published Content
    E-access
  • Company Profiles
    E-access
  • Newly Added Content Access
  • 10 PDF
    Downloads
  • 5 Excel Data
    Pack Downloads
  • 250 Company Profiles PDF Downloads
  • Buy Now

*Taxes/Fees, if applicable will be added during checkout. All prices in USD

 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

Get Industry Data Alerts

Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers