Top "EV Die Casting Components Market" SWOT Analysis 2023-2031
Posted on Mar 30 2023 6:08 PM
"Recent Updated Report 2023-2028 of EV Die Casting Components Market | TOP KEY PLAYERS in EV Die Casting Components Market Contains Segment by Type (High Pressure Die Casting (HPDC), Gravity Die Casting (GDC), Low Pressure Die Casting (LPDC)) and Application (Two Wheeler, Passenger Vehicle, Commercial Vehicle). The Global Market is Expected to Lead in Automotives Sector in Near Future. "
A Recently Published Global "EV Die Casting Components Market" research provides a comprehensive analysis of Current Market Situations and Upcoming Trends. The report presents key statistics on market status, size, share, and growth factors, while also offering insights into past and current market developments. The report also analyzes the impact of COVID-19 on the industry and offers a 360-degree view of the market's demand and supply trends, fiscal statistics of major players, and the influence of economic advancements on the market.
According to our latest research, the global EV Die Casting Components market looks promising in the next 5 years. As of 2022, the global EV Die Casting Components market was estimated at USD 6217.19 million, and it’s anticipated to reach USD 58609.77 million in 2028, with a CAGR of 45.34% during the forecast years. | Ask for Sample Report
The report concludes with New Business Strategies and SWOT Analysis to identify the Strengths, Weaknesses, Opportunities, and Threats of companies operating in the market. Overall, the study offers valuable insights for market participants and consultants seeking to understand the EV Die Casting Components Market enduring structure.
Topmost manufacturers/ Key player/ Economy by Business Leaders Leading Players of the EV Die Casting Components Market Are:
- Ningbo Xusheng Auto Technology Co
- IKD Co
- Guangdong Wencan Die Casting Co
- KSM Castings Group
- Guangdong Hongtu Technology
- Suzhou Chunxing Precision Mechanical Co
- GuangDong PaiSheng
- Hitachi Metals
- Martinrea Honsel
- Gibbs Die Casting
- Dongguan EONTEC Co
- EMP Tech Co
- Chicago White Metal Casting, Inc
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What Are Latest Industry Insights?
According to the Newest 104 Pages Report contains market size, share, key company analysis, profit and deals, exclusive data, vital statistics, current advancements, and competitive landscape details.
Market Overview of Global EV Die Casting Components market:
According to our latest research, the global EV Die Casting Components market looks promising in the next 5 years. As of 2022, the global EV Die Casting Components market was estimated at USD 6217.19 million, and it’s anticipated to reach USD 58609.77 million in 2028, with a CAGR of 45.34% during the forecast years.
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.
In global comparison, a significant portion of the revenue was generated in China (49.41% in 2021).
RYOBI is one of the major players operating in the EV Die Casting Components market, holding a share of 12.32% in 2022.
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 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.
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.
The market's largest segment by application is the segment Passenger Vehicle, with a market share of 76.04% in 2021.
A two-wheeler is a vehicle that runs on two wheels. It means that the product is used in the Two Wheeler Electric 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 vehicles refer to vehicles with more than nine seats (including the driver's seat) or with the main purpose of carrying cargo.
The Global EV Die Casting Components market is anticipated to rise at a considerable rate during the forecast period, between 2023 and 2028. In 2022, the market is growing at a steady rate and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
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Complete EV Die Casting Components Market Report Segmentation:
The global Complete EV Die Casting Components Market Report Examines Various Tendencies, Obstructions, and Challenges faced by the Key Competitors of the EV Die Casting Components market. This report has explored the key segments: by Type and by Application. This report also provides sales, revenue, and average price forecast data by type and by application segments based on production, price, and value for the period 2018-2028.
On the basis of Product Type, this report displays the production, revenue, price, market share, and growth rate of each type, primarily split into:
- High Pressure Die Casting (HPDC)
- Gravity Die Casting (GDC)
- Low Pressure Die Casting (LPDC)
On the basis of the End Users/Applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share, and growth rate for each application, including:
- Two Wheeler
- Passenger Vehicle
- Commercial Vehicle
The report has been constructed considering the major outcomes and consequences of the market.
Which region is dominating the EV Die Casting Components market growth?
Region Wise the global trend is analyzed across:
- North America(United States, Canada)
- Europe(Germany, France, U.K., Italy, Russia)
- Asia Pacific(China, Japan, South Korea, Taiwan, Southeast Asia, India, Australia)
- Latin America(Mexico, Brazil)
- Middle East & Africa(Turkey, Saudi Arabia, UAE, Rest of MEA)
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Key Takeaways from the Global EV Die Casting Components Market Report:
Market Size Estimates: EV Die Casting Components market size estimation in terms of value and sales volume from 2018-2028
Market Trends and Dynamics: EV Die Casting Components market drivers, opportunities, challenges, and risks
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 value and sales volume by type and by application from 2018-2028
Regional Market Analysis: EV Die Casting Components market situations and prospects in North America, Asia Pacific, Europe, Latin America, Middle East, Africa
Country-level Studies on the EV Die Casting Components Market: Revenue and sales volume of major countries in each region
EV Die Casting Components Market Competitive Landscape and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product profile and application, etc.
Trade Flow: Import and export volume of the EV Die Casting Components market in major regions.
EV Die Casting Components Industry Value Chain: EV Die Casting Components market raw materials & suppliers, manufacturing process, distributors, downstream customers EV Die Casting Components Industry News, Policies & Regulations
Key Questions Addressed in this Report:
- What is the 10-year outlook for the global EV Die Casting Components market? Which current trends are likely to offer promising growth prospects in the next few years?
- What primary factors are driving EV Die Casting Components market growth, globally and by region?
- Which technologies are poised for the fastest growth by EV Die Casting Components market and region?
- How do EV Die Casting Components market opportunities vary by end market size?
- How does EV Die Casting Components break out type and application?
- What are the influences of COVID-19 and the Russia-Ukraine war?
- Which regional segment is estimated to account for a massive share of the global EV Die Casting Components Market?
- What are the vital challenges faced by the prominent players in the global EV Die Casting Components Market? What are the key driving factors of the global EV Die Casting Components Market?
- How is the competitive landscape of the global EV Die Casting Components Market at present?
- Which latest trends are anticipated to offer potential growth prospects in the coming years?
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Does this report consider the impact of COVID-19 and the Russia-Ukraine war on the EV Die Casting Components market?
Yes. As COVID-19 and the Russia-Ukraine war are profoundly affecting the global supply chain relationship and raw material price system, we have definitely taken them into consideration throughout the research, and in Chapters 1.7, 2.7, 4.X.1, 7.5, 8.7, we elaborate at full length on the impact of the pandemic and the war on the EV Die Casting Components Industry.
How do you determine the list of the key players included in the report?
With the aim of clearly revealing the competitive situation of the industry, we concretely analyze not only the leading enterprises that have a voice on a global scale but also the regional small and medium-sized companies that play key roles and have plenty of potential growth.
What are your main data sources?
Both Primary and Secondary data sources are being used while compiling the report.
Primary sources include extensive interviews of key opinion leaders and industry experts (such as experienced front-line staff, directors, CEOs, and marketing executives), downstream distributors, as well as end-users.
Secondary sources include the research of the annual and financial reports of the top companies, public files, new journals, etc. We also cooperate with some third-party databases.
Please find a more complete list of data sources in Chapters 11.2.1 & 11.2.2.
Can I modify the scope of the report and customize it to suit my requirements?
Yes. Customized requirements of multi-dimensional, deep-level, and high-quality can help our customers precisely grasp market opportunities, effortlessly confront market challenges, properly formulate market strategies and act promptly, thus winning them sufficient time and space for market competition.
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Detailed TOC of EV Die Casting Components Market Research Report 2023 - Market Size, Current Insights, and Development Trends:
1 EV Die Casting Components Market Overview
1.1 Product Overview
1.2 Market Segmentation
1.2.1 Market by Types
1.2.2 Market by Applications
1.2.3 Market by Regions
1.3 Global EV Die Casting Components Market Size (2018-2028)
1.3.1 Global EV Die Casting Components Revenue (USD) and Growth Rate (2018-2028)
1.3.2 Global EV Die Casting Components Sales Volume and Growth Rate (2018-2028)
1.4 Research Method and Logic
1.4.1 Research Method
1.4.2 Research Data Source
2 Global EV Die Casting Components Market Historic Revenue (USD) and Sales Volume Segment by Type
2.1 Global EV Die Casting Components Historic Revenue (USD) by Type (2018-2023)
2.2 Global EV Die Casting Components Historic Sales Volume by Type (2018-2023)
3 Global EV Die Casting Components Historic Revenue (USD) and Sales Volume by Application (2018-2023)
3.1 Global EV Die Casting Components Historic Revenue (USD) by Application (2018-2023)
3.2 Global EV Die Casting Components Historic Sales Volume by Application (2018-2023)
4 Market Dynamic and Trends
4.1 Industry Development Trends under Global Inflation
4.2 Impact of Russia and Ukraine War
4.3 Driving Factors for EV Die Casting Components Market
4.4 Factors Challenging the Market
4.6 Risk Analysis
4.7 Industry News and Policies by Regions
4.7.1 EV Die Casting Components Industry News
4.7.2 EV Die Casting Components Industry Policies
5 Global EV Die Casting Components Market Revenue (USD) and Sales Volume by Major Regions
5.1 Global EV Die Casting Components Sales Volume by Region (2018-2023)
5.2 Global EV Die Casting Components Market Revenue (USD) by Region (2018-2023)
6 Global EV Die Casting Components Import Volume and Export Volume by Major Regions
6.1 Global EV Die Casting Components Import Volume by Region (2018-2023)
6.2 Global EV Die Casting Components Export Volume by Region (2018-2023)
7 North America EV Die Casting Components Market Current Status (2018-2023)
7.1 Overall Market Size Analysis (2018-2023)
7.1.1 North America EV Die Casting Components Revenue (USD) and Growth Rate (2018-2023)
7.1.2 North America EV Die Casting Components Sales Volume and Growth Rate (2018-2023)
7.2 North America EV Die Casting Components Market Trends Analysis Under Global Inflation
7.3 North America EV Die Casting Components Sales Volume and Revenue (USD) by Country (2018-2023)
7.4 United States
7.4.1 United States EV Die Casting Components Revenue (USD) and Growth Rate (2018-2023)
7.5.1 Canada EV Die Casting Components Revenue (USD) and Growth Rate (2018-2023)
8 Asia Pacific EV Die Casting Components Market Current Status (2018-2023)
9 Europe EV Die Casting Components Market Current Status (2018-2023)
10 Latin America EV Die Casting Components Market Current Status (2018-2023)
11 Middle East and Africa EV Die Casting Components Market Current Status (2018-2023)
12 Market Competition Analysis and Key Companies Profiles
12.1 Market Competition by Key Players
12.1.1 Global EV Die Casting Components Revenue (USD) and Market Share of Key Players
12.1.2 Global EV Die Casting Components Sales Volume and Market Share of Key Players
12.1.3 Global EV Die Casting Components Average Price by Players
12.1.4 Mergers & Acquisitions, Expansion
13 Value Chain of the EV Die Casting Components Market
13.1 Value Chain Status
13.1.1 Value Chain Status Under Global Inflation
13.2 Key Raw Materials and Suppliers
13.2.1 Key Raw Materials Introduction
13.2.2 Key Suppliers of Raw Materials
13.3 Manufacturing Cost Structure Analysis
13.3.1 Production Process Analysis
13.3.2 Manufacturing Cost Structure of EV Die Casting Components
13.3.3 Raw Material Cost of EV Die Casting Components
13.3.4 Labor Cost of EV Die Casting Components
13.4 Major Distributors by Region
13.5 Customer Analysis
14 New Project Feasibility Analysis
14.1 Industry Barriers and New Entrants SWOT Analysis
14.2 Analysis and Suggestions on New Project Investment
Detailed TOC of Global EV Die Casting Components Market @ https://www.industryresearch.biz/TOC/23189357
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