Germany Automotive Parts Aluminium Die Casting Market Report and Forecast 2024-2032

Germany Automotive Parts Aluminium Die Casting Market Outlook

The Germany automotive parts aluminium die casting market size reached a value of approximately USD 1.37 billion in 2023. The market is assessed to grow at a CAGR of 5.50% between 2024 and 2032, reaching a value of nearly USD 2.20 billion by 2032.

Key Trends in the Market

Automotive parts aluminium die casting refers to the technique of safely and rapidly manufacturing automobile parts. In this process, liquid aluminium is forced into a reusable mould under high pressure. Once the metal cool down and solidify in the mould, it takes the shape of the mould cavity, resulting in the formation of desired products. Die-casting techniques, by improving the production rates considerably, allow scalability in the production process.

• The German automobile sector is one of the largest automobile sectors in the world. German automobiles are exported and used around the globe; hence manufacturers are constantly attempting to expand their production capacities by introducing automation and modern machinery and techniques, including aluminium die casting, in their production process.

• Aluminium die casting techniques can significantly improve production speed, enabling scalability and cost reduction in the manufacturing process. The Germany automotive parts aluminium die casting market growth can be attributed to increasing attempts by manufacturers to achieve greater precision and accuracy and the rising adoption of methods that can enhance product quality and revenues.

• The growing demand for lightweight yet durable and strong components from automobile manufacturers to make vehicles more fuel efficient and reduce the carbon emissions associated with vehicles is one of the significant Germany automotive parts aluminium die casting market trends. Increasing environmental concerns, rising prices of automobile fuels, and stringent government regulations to reduce carbon footprints also promote the use of aluminium die casting techniques.

Market Analysis

Based on production, the market is segmented into pressure die casting, vacuum die casting, squeeze die casting, and semi-solid die casting. On the basis of application, the Germany automotive parts aluminium die casting market segmentation includes body parts, engine parts, and transmission parts among others.

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the Germany automotive parts aluminium die casting market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.

• Georg Fischer Ltd.  

• Druckguss Westfalen GmbH & Co.KG 

• KSM Castings Group GmbH  

• Albert Handtmann Metallgusswerk GmbH & Co. KG  

• Protocast  

• Eisenmann Druckguss GmbH  

• Laukotter GmbH  

• Peter Mies GmbH (Miguss)  

• Endurance Technologies Limited  

• Others

Market Share by Production

As per the Germany automotive parts aluminium die casting market analysis, pressure die casting is expected to hold a significant market share owing to its various advantages, including increased scalability, quality, and accuracy in the manufacturing process. Pressure die casting techniques are more cost-effective and less time-consuming than other methods. Furthermore, the increasing investments by key market players to expand their production capacities are aiding the market demand.

Market Share by Application

Body parts are expected to account for a healthy portion of the Germany automotive parts aluminium die casting market share over the forecast period owing to the high demand for lightweight yet strong and durable cars. Many market players are working towards setting up separate assembly lines for car-body manufacturing to enhance efficiency in the production process. Moreover, the increasing demand for parts replacement, mainly body parts, due to increasing road accidents and external damages caused by the environment, supports the market expansion.

Competitive Landscape

Georg Fischer Ltd is a company that was founded in 1802 and is headquartered in Schaffhausen, Switzerland. The company deals in the manufacturing of various lightweight components used in vehicles. George Fischer is known for its high precision in finished products. The company is currently operating in more than 33 countries around the globe.

Endurance Technologies Limited is an Indian automobile component manufacturing company in the world that started its operation in 1999. Endurance is one of the world's leading auto component manufacturing companies that deals in end-to-end supply of automobile components, ranging from designing and manufacturing to after-sale services.

Albert Handtmann Metallgusswerk GmbH & Co. KG is a German company based in Biberach an der Riss, Baden-Württemberg, that began its operation in 1873. The company manufactures light metal castings and system components for the automotive industry.

Other market players included in the Germany automotive parts aluminium die casting market Druckguss Westfalen GmbH & Co.KG, KSM Castings Group GmbH, Protocast, Eisenmann Druckguss GmbH, Laukotter GmbH, and Peter Mies GmbH (Miguss), among others.

Key Highlights of the Report