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Die Casting Machine Market by Product Type (Hot Chamber Die Casting Machine and Cold Chamber Die Casting Machine) and End-user Industry (Automotive, Aerospace, Defense, Marine, and Others): Global Opportunity Analysis and Industry Forecast, 2019-2026

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Jan 2020 | 199 Views
 
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Die Casting Machine Market Outlook - 2026

A die casting is a process in which the molten metal is forced into a reusable metal die under high pressure. This process is used to manufacture accurately defined, accurately dimensioned, smooth, and textured surface metal and non-metal parts. These parts include camera chassis, air valve for vehicles, and smart locks among others. Nonferrous metal parts of intricate shapes are manufactured with the help of Die casting process. Some of these nonferrous metal parts include flywheel and bracket for stepping motor among others. Hand tools, computer peripherals, automobiles appliances, toys, optical, and photographic equipment are also manufactured with the help of die casting machine. Dies are classified into multiple cavity, single cavity, and combination dies. Multiple cavity dies have number of identical cavities. A die having cavities of different shapes is called as a combination die. A combination die produces several parts for an assembly. With die casting, complex shapes can be created including external threads and complex internal features minimizing secondary operations. In this, the multiple parts can be combined into the single part that eliminates assembly operations and lowers labor cost. There are two types of die casting machines, a hot chamber machine and a cold chamber machine. The die casting machinery is used in various end-user sectors, which include automotive, aerospace, defense, and marine. 

Factors such as the growing market for light weight vehicle and technological advancements like High Pressure Die Casting (HPDC) fuel the market growth. Automotive component manufacturers are using aluminum die casting machinery to create lightweight aluminum cast parts. These parts are used in the automotive production assembly. This shift toward the use of light weight metals in the automotive industry coupled with the growth in automobile sales fuel the aluminum die casting machinery market growth. However, high production & maintenance cost and volatile prices of raw material are hampering the growth of die casting machine market. Modern die casting machines, such as Datanet developed by Buhler AG Company, based in Uzwil, Switzerland are engineered with a cell control system that integrates all the activities of the system peripherals. These machines are equipped with sophisticated diagnosis systems that optimize the die casting process.

The global die casting machine market is segmented on the basis of product type, end-user industry, and region. By product type, it is bifurcated into cold chamber die casting machine and hot chamber die casting machine. By end-user industry, market is classified into automotive, aerospace, defense, marine, and others. Increase in demand for vehicles is another driving factor in this segment. By region, it is studied across North America, Europe, Asia-Pacific, and LAMEA. India and China in Asia-Pacific have emerged as the largest market globally for die casting due to growth in the automobile industry. According to IBEF, the automobile sales in India were 4.02 million units in 2017 and this number is increasing by 9.5% year on year making the Indian auto industry fourth largest industry all over the globe. Automobile exports in India grew 15.54% between April 2018 and February 2019. 

The report profiles the key players in die casting machine market. These key players include Birch Machinery Company, Buhler AG, Colosio Srl, Frech, Guannan Die Casting Machine, Italpresse, Ningbo Dongfang, TOSHIBA MACHINE CO., LTD., UBE Machinery, and Wuxi Xinjiasheng. Product lineup of TOSHIBA MACHINE CO., LTD. include Die casting machine J series, CS series, and DEC series. Italpresse Gauss deals with gravity die casting equipment in China for the domestic market. In January 2017, UBE Machinery Corp. of Ube City, Japan Merged with Mitsubishi Heavy Industries Plastic Technology Co., Ltd., (MHIPT).

KEY BENEFITS FOR STAKEHOLDERS

  • This report provides an extensive analysis of the current and emerging market trends and dynamics in the global die casting machine market.
  • In-depth analysis has been done in this report by constructing market estimations for the key market segments between 2019 and 2026. 
  • Based on region, the market is analyzed based on various regions, such as North America, Europe, Asia-Pacific, and LAMEA.
  • The report presents information related to the key drivers, restraints, and opportunities of the market with a detailed impact analysis.
  • Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.

GLOBAL DIE CASTING MACHINE MARKET SEGMENTATION

By Product Type

  • Hot Chamber Die Casting Machine
  • Cold Chamber Die Casting Machine

By End-user Industry

  • Automotive Industry
  • Aerospace 
  • Defense
  • Marine
  • Others

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    •  Italy
    •  France
    •  UK
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • Australia
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa

KEY PLAYERS 

  • Birch Machinery Company
  • Buhler AG
  • Colosio Srl
  • Frech
  • Guannan Die Casting Machine
  • Italpresse
  • Ningbo Dongfang
  • TOSHIBA MACHINE CO., LTD 
  • UBE Machinery
  • Wuxi Xinjiasheng
 

  

 
 
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