Die Casting Machines Market Size & Share, by Machine Type (Cold Chamber Die Casting Machine, Hot Chamber Die Casting Machine, Gravity Die Casting Machine); End-User (Automotive, 3C Industry, Building & Construction); Raw material (Aluminum, Magnesium) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2036
Bühler AG has expanded its product line with the Carat 840 and the Carat 920 in response to the growing demand in the automobile industry for larger and more intricate parts. Because Bühler's die-casting platforms are produced in North America, Europe, and Asia, quick delivery times are guaranteed due to convenient transportation routes and a consistent supply of spare parts. Clients may count on a reliable worldwide manufacturing network. Local service engineers provide prompt on-site help, remote support, and comprehensive on-site or application centre training to foundries and automobile manufacturers.
The installation of an ItalPresseGauss TF5700 High Pressure Die Casting (HPDC) machine is the latest project that Nantong Jiangzhong Photoelectricity Co., Ltd. has officially inaugurated. The project launch ceremony, which takes place on February 1, 2021, at the company's base in Jiangsu Province, China, is in accordance with the agreement that was reached at the end of 2020.
Author Credits: Rushikesh, Richa Gupta
Report ID: 5371
Published Date: Nov 14, 2023
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
The major factors driving the growth of the market are growing trend of industrialization, surge in price of fossil fuel, and rise in advancement in die casting.
The market size of die casting machines is anticipated to attain a CAGR of ~6% over the forecast period, i.e., 2024-2036.
The major players in the market are BÃ¼hler AG, Idra S.r.l., L.K. Technology Holdings Limited, French Group, and others.
The hot chamber die casting machine segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.
The market in the Asia Pacific region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.