Envision Report

Published February 1, 2018

North America Automotive Parts Magnesium Die Casting Market – Size, Outlook, Trends, and Forecasts (2018 – 2024)

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Die casting is the method of producing the metal parts formed by the die(mould). The products are made with high degree accuracy and reliability with mass scale of production. Products which are formed by the magnesium die casting has got various advantages like the ability to form casting with RFI and EMI shielding, full recyclability high electrical conductivity, exceptional damping capacity, high impact and dent resistance,  low inertia. The markets are having less fame when compared with aluminium markets, but this markets are raising their levels in the and will be having the greater outlook shortly.

North America Automotive Parts Magnesium Die Casting Market Size & Growth:

North America Automotive parts magnesium die casting market valued at $1348.5 billion in 2018 and estimated to reach a value of $2523.5 billion in 2024 at CAGR of 14.59 %. Key points like growing popularity for fuel-efficient vehicles and need to reduce vehicle weight for different vehicles produced by different companies are propelling this market, and the factors like volatility in the price of raw material are hindering the market growth.

North America Automotive Parts Magnesium Die Casting Market Share:

North America Automotive parts magnesium die casting market classified by production process type,  by application, and by geography. By product process type, these are segmented as vacuum die casting, pressure dies casting, squeeze die casting and semi-solid casting. By application, these are segmented into engine parts, passenger car, body assemblies, transmission parts, commercial car and other applications. By geography, these are segmented as the United States, Canada, and Mexico.

North America Automotive Parts Magnesium Die Casting  Market Trends:

  • The markets related to the Automotive parts magnesium die to cast are having the inclined growth. As the principal players like Tadir- Gan Group and Sundaram Clayton Ltd. have seen good growth from past few years in dealing with the magnesium die casting.
  • The single-piece die-cast engine cradle installed in the Chevrolet Corvette Z06 in 2011 made it one of the lightest high-performance models available in the market.
  • Proto Labs came up with their new magnesium thixomolding, a type of semi-solid metal casting that is expected to produce complex net-shape parts with thin walls, lightweight and minimal porosity.

NORTH AMERICA Automotive Parts Magnesium Die Casting  Market Research Reports Includes:

  • An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
  • To have complete market analysis through industry value chain analysisPorter’s fivePESTLESWOT analysis, and Y-o-Y analysis.
  • North America diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on YearOnYear
  • Identifying DROC in the current market and their impact in altering the market dynamics.
  • Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial study with significant competitors.
  • Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
  • Identify the latest developments, market shares and strategies that are employed by the major market players, such as
  • Meridian Lightweight Technologies
  • Gibbs Die Casting Group
  • Tadir-Gan Group
  • Sundaram – Clayton Ltd.
  • Chicago White Metal Casting Inc.

1. Introduction

1.1 Executive Summary

1.2 Market Definition

1.3 Scope of the Study

2. Research Methodology

2.1 Secondary Research

2.2 Primary Research

2.3 Analytic Tools and Model

2.4 Economic Indicator

2.4.1 Base Year, Base Currency, Forecasting Period

2.5 Expert Validation

2.6 Study Timeline

3. Market Analysis

3.1 Industry Value Chain Analysis

3.2 Porter’s Five Analysis

3.2.1 Bargaining Power of Buyers

3.2.2 Bargaining Power of Suppliers

3.2.3 Threats of Substitutes

3.2.4 Threats of New Entrants

3.2.5 Industry Rivalry

3.3 Pestle Analysis

3.3.1 Political

3.3.2 Economical

3.3.3 Social

3.3.4 Technological

3.3.5 Legal

3.3.6 Environmental

3.4 SWOT Analysis

3.4.1 Strengths

3.4.2 Weakness

3.4.3 Opportunities

3.4.4 Threats

3.5 Y-O-Y Analyses

4. Market Dynamics

4.1   Drivers

4.1.1 Growing popularity for fuel-efficient vehicles

4.1.2Need to reduce vehicle weight for different vehicles produced by different companies

4.2   Restraints

4.2.1 Volatility in the price of the raw material

4.3   Opportunities

4.3.1 Used as alternative to thermoplastics due to lightweight feature

4.3.2 Can be able to form casting with EMI and RFI Shielding

4.4   Challenges

4.4.1 Market growth is less for Magnesium Die casting when compared to Aluminum and Zinc Die casting

5North America Automotive Parts Magnesium Die Casting  Market -By Product Process Type

5.1 Vacuum die casting

5.2 Pressure die casting

5.3 Squeeze die casting

5.4 Semi-solid casting

6. North America Automotive Parts Magnesium Die Casting Market -By Application

6.1 Engine parts

6.2 Passenger car

6.3Body Assemblies

6.4Transmission Parts

6.5 Commercial Car

6.6 Other Applications

7. North America Automotive Parts Magnesium Die Casting  Market -By Geography

7.1 Introduction

7.2North America

7.2.1 United States

7.2.2 Canada

7.2.3 Mexico

8.Company Profiles

8.1 Meridian Lightweight Technologies

8.2 Gibbs Die Casting Group

8.3 Tadir-Gan Group

8.4Sundaram – Clayton Ltd.

8.5Chicago White Metal Casting Inc.

8.6 Continental Casting Llc

8.7 Twin City Die Casting Company

8.8 Morimura Bros.,

8.9 Magic Precision Inc.

8.10 Georg Fischer Limited

8.11 Shiloh Industries

8.12Pace Industries

8.13 Brabant Alucast

8.14 Endurance

8.15 Texas Die Casting

9. North America Automotive Parts Magnesium Die Casting Market – Competitive Landscape

9.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements

9.2 Strategies Adopted By Top Companies

9.3 Market Share Analysis

10. Market Insights

10.1 Insights of Industry Experts

10.2 Investment  Opportunities

10.3 Analyst Opinion

11. Appendix

11.1 List of Tables

11.2 List of Figures

  • Competitive Analysis in marketing and strategic management is an assessment of the strengths and weaknesses of current and potential competitors.
  • Monitoring the external and internal factors which affect the market dynamics with the aid of PESTLE analysis.
  • The Regional and Global Variety is taken care of in the report.
  • Year on Year basis generation of revenue is studied.
  • Porter's Five Forces analyze the intensity of competition in an industry and its profitability level.
  • The overview and the sustainability of the market are analyzed through SWOT.
  • DROC is recognized in the current market scenario and see how its effect on market dynamics.
  • The segment-level analysis in terms of type and technology.
  • The value chain analysis, value that's created and captured by a company is the profit margin.Value
  • Created and Captured – Cost of Creating that Value = Margin
  • An executive summary consists of the whole report and the outcome is been given in the report to have brief knowledge about the report.
  • Basis on the depth of the study we approach using analytical tools
  • Expertise investment opportunities are given after analyzing the market to give the organization and the individual to have perfect knowledge about the market.

 

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