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The United States automotive parts die casting market value is projected to grow at a CAGR of 6.0% between 2025 and 2034.
Base Year
Historical Year
Forecast Year
United States Automotive Parts Die Casting Market Report Summary | Description | Value |
Base Year | USD Million | 2023 |
Historical Period | USD Million | 2018-2023 |
Forecast Period | USD Million | 2024-2032 |
Market Size 2023 | USD Million | XX |
Market Size 2032 | USD Million | XX |
CAGR 2018-2023 | Percentage | XX% |
CAGR 2024-2032 | Percentage | 6.0% |
CAGR 2024-2032 - Market by Region | Southeast | 5.9% |
CAGR 2024-2032 - Market by Region | New England | 5.6% |
CAGR 2024-2032 - Market by Production Process | Vacuum Die Casting | 6.6% |
CAGR 2024-2032 - Market by Application | Structural Parts | 6.8% |
Market Share by Region | Great Lakes | 10.2% |
Increasing demand for lightweight vehicles is influencing United States automotive parts die casting market revenue as die casting is crucial for producing lighter components. As automotive manufacturers rise their efforts to improve fuel efficiency of vehicles and reduce emissions to meet EPA regulations and CAFÉ standards imposed by government, the demand for die casting is expected to further grow. Advancements in die casting technologies, such as the introduction of high-pressure die casting (HPDC) and simulation-based casting are also propelling growth of the United States automotive parts die casting market. The shift towards electric vehicles in the country is also contributing to the growth of the market. As per industry reports, sales of EVs are expected to reach approximately 17 million unites, equating to more than one in 5 cars sold worldwide. Also, the market share of EVs in the United States can reach to 11% in 2024. This transition to EVs has also created a demand for die casting.
These trends highlight the regional differences in automotive manufacturing and the growing importance of die casting in producing lightweight, durable automotive parts across the United States.
CAGR 2024-2032 - Market by | Region |
Southeast | 5.9% |
New England | 5.6% |
Mideast | XX% |
Plains | XX% |
Great Lakes | XX% |
Southwest | 6.2% |
Rocky Mountain | 6.5% |
Far West | 7.0% |
Across various casting methods, vacuum die casting is projected to lead with a CAGR of 6.6%, driven by its ability to produce high-quality, lightweight components with minimal porosity, which is increasingly important for automotive applications focused on fuel efficiency and performance. Pressure die casting follows with a CAGR of 6.4%, reflecting its widespread use in the mass production of complex automotive parts due to its efficiency and cost-effectiveness.
According to United States automotive parts die casting industry analysis, squeeze die casting, with a CAGR of 5.8%, is gaining traction for its capability to produce denser and stronger parts, making it suitable for critical structural components in vehicles. Semi-solid die casting is expected to grow at a CAGR of 5.4%, supported by its advantages in producing parts with fine details and improved mechanical properties. These growth rates highlight the ongoing innovation and adoption of advanced die casting processes in the automotive industry, driven by the need for high-performance, lightweight, and durable components.
Structural parts are projected to lead with a CAGR of 6.8%, driven by the increasing demand for lightweight and high-strength components to improve vehicle efficiency and safety. Engine parts follow closely with a CAGR of 6.4%, reflecting the continued need for precision-engineered parts that can withstand high temperatures and pressures in internal combustion engines, as well as in electric vehicles. This rising need is providing various United States automotive parts die casting market opportunities.
Transmission parts are expected to grow at a CAGR of 6.1%, supported by the ongoing advancements in transmission technologies and the shift towards more efficient and durable components. The others category, which includes miscellaneous applications such as body panels and interior components, is projected to grow at a CAGR of 5.8%, indicating steady but slower growth compared to the core applications. These trends highlight the automotive industry's focus on enhancing vehicle performance, safety, and efficiency through advanced die-casting solutions.
Expert Market Research's industry report provides a comprehensive quantitative analysis of various market segments, historical and current market trends, and forecasts the dynamics of the United States automotive parts die casting market spanning from 2018 to 2032.
The research report delivers up-to-date insights into the market drivers, challenges, and opportunities shaping the United States automotive parts die casting market.
Stakeholders can leverage Porter's five forces analysis to assess the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. This analysis aids in evaluating the competitiveness and attractiveness of the United States automotive parts die casting market.
The competitive landscape section enables stakeholders to gain a deep understanding of their competitive environment. It offers insights into the current market positions of key players, their strategies, and their market shares.
Additionally, the report highlights emerging trends, regulatory influences, and technological advancements that are pivotal for stakeholders navigating the United States automotive parts die casting market landscape.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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REPORT FEATURES | DETAILS |
Base Year | 2024 |
Historical Period | 2018-2024 |
Forecast Period | 2025-2034 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Production Process |
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Breakup by Application |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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