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(Transportation-News.com, February 19, 2018 ) Envision Inteligence estimates that APAC Automotive Parts Aluminium Die Casting market is projected to reach $80.12 billion by the end of 2024 with a CAGR of 7.30% from $54.50 billion in 2018.
Introduction:
The process used to manufacture the metal parts with high reliability and accuracy by the use of moulds is called die casting and is used in the different automotive companies to manufacture different parts. Aluminium die casting is die casting done by Aluminium metal which is mostly preferred. The moulds which are prepared by aluminium die casting are having the advantages like aluminium is recyclable and resistant to corrosion.
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Among the regions dealing with the aluminium die casting, the market in the APAC region counts the largest share. The countries like India and china are in the peak mode of the development and many key players in this region are investing in the infrastructure and manufacturing industries, which is expected to accelerate the transportation andconstruction sectors in the region which in turn helps in propelling the aluminium markets.
The durability and ability to bear high temperature are influencing the application of cast aluminium products in the transportation and other sectors. Characteristics such as lightweight and strength of cast aluminium are the major factors driving the demand for aluminium casting.
Key players in the market include:
• Chicago White Metal Casting Inc.
• Sipra Engineers Pvt. Ltd.
• Endurance Technologies Private Limited
• Jaya Hind Industries Pvt. Ltd
• Officine Meccaniche Rezzatesi
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This report contains the in-depth analysis on the market and the estimations are done using volume and value data are further validated on three approaches including bottom-up, top-down and from top companies revenues to conclude the market estimations precisely and accurately considering all the parameters and market dynamics.
Key pointers in the report include:
•Competitive landscape & market analysis is included in the report to understand the key companies’ position and Porter's Analysis, PESTLE analysis, SWOT Analysis& Y-O-Y analysis are performed to comprehend the market dynamics and key companies’ position during the next five years.
•A team of analysts has analyzed and listed out the key drivers, constraints, challenges and emerging opportunities in all the industry verticals, which will specify the emerging scope of the market in end-user industries.
•Industry value chain analysis is provided in the report to identify the key stakeholders and prominent players at each stage of the company along with the value addition at each stage of the value chain.
•Complete analysis including global and regional trends, technological developments, and new product innovations are included in the report specific to each segment of the market.
•A complete 360-degree analysis including product portfolio, business portfolio, developmental strategies, and key developments from the companies in the historical period for the key players operating in the market is included in the report.
•Advanced customizations on countries, specific applications in end-user industries, product based customizations will be provided based on the request. All the collected data is further validated and verified using surveys, interviews, and interactions with industrial experts.
Related Reports:
Europe Metal Working and Fabrication Equipment Market: https://www.envisioninteligence.com/industry-report/europe-metal-working-fabrication-equipment-market/
South America Automotive 3D Printing Market: https://www.envisioninteligence.com/industry-report/south-america-automotive-3d-printing-market/
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