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Report Overview

The United States automotive parts die casting market value is projected to grow at a CAGR of 6.0% between 2025 and 2034.

2024

Base Year

2018-2024

Historical Year

2025-2034

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%

United States Automotive Parts Die Casting Market Outlook

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.

Growing Investments to Expand Automotive Sector is One of the Major United States Automotive Parts Die Casting Market Trends

  • The Far West region is projected to lead with a CAGR of 7.0%, driven by the region's strong automotive manufacturing base and the increasing demand for lightweight components to improve fuel efficiency and reduce emissions. 
  • The Rocky Mountain region follows with a CAGR of 6.5%, supported by growing investments in automotive production and technological advancements in die casting processes.
  • The Southwest (6.2%) and Southeast (5.9%) regions also show robust automotive parts die casting demand growth in United States, reflecting the expansion of automotive manufacturing facilities and the adoption of advanced manufacturing technologies in these areas. 
  • New England (5.6%) and the Mideast (5.2%) exhibit steady growth, driven by the ongoing demand for high-quality automotive parts in these established markets. 
  • The Plains (4.8%) and Great Lakes (4.5%) regions are expected to see slower growth, likely due to more stable automotive industries and less aggressive expansion compared to other regions.

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%

Ability of Vacuum and Pressure Die Casting to Improve Vehicle Performance is Propelling United States Automotive Parts Die Casting Market Growth

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 and Engine Parts Hold Substantial United States Automotive Parts Die Casting Market Share, Driven by Rising Demand for Lighter Vehicles

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.

Key Questions Answered in the Report:

  • How has the United States automotive parts die casting market performed historically, and what are the growth expectations for the future? 
  • What are the primary factors influencing demand and growth in the United States automotive parts die casting market? 
  • What are the key segments within the United States automotive parts die casting market, and how are they expected to evolve over the forecast period? 
  • What are the major challenges and opportunities facing stakeholders in the United States automotive parts die casting market? 
  • Who are the key players in the United States automotive parts die casting market, and what strategies are they employing to maintain a competitive edge? 
  • What are the regulatory and policy factors influencing the United States automotive parts die casting market globally or regionally? 
  • How competitive is the United States automotive parts die casting market according to Porter's five forces analysis, including factors like bargaining power of buyers and suppliers? 
  • What are the current trends shaping the United States automotive parts die casting market landscape, and how are they expected to evolve in the future? 
  • How are technological advancements impacting the United States automotive parts die casting market, and what role do innovation and R&D play in driving growth? 
  • What are the consumer preferences and buying behavior trends influencing the United States automotive parts die casting market? 
  • How sustainable are current growth rates in the United States automotive parts die casting market, and what factors could potentially disrupt these trends? 
  • What are the regional dynamics within the United States automotive parts die casting market, and how do they contribute to overall market growth? 
  • What are the economic factors influencing the United States automotive parts die casting market, such as GDP growth, inflation rates, and currency fluctuations? 
  • How are demographic shifts, such as aging populations or urbanization trends, affecting demand in the United States automotive parts die casting market? 
  • What are the key strategic partnerships, mergers, and acquisitions shaping the competitive landscape of the United States automotive parts die casting market? 
  • What are the regulatory and legal frameworks impacting the United States automotive parts die casting market globally or in key regions? 
  • How are changing consumer lifestyles and preferences influencing product or service demand within the United States automotive parts die casting market? 
  • What are the emerging market trends and niche opportunities within the United States automotive parts die casting market that stakeholders should be aware of? 
  • How resilient is the United States automotive parts die casting market to external shocks or disruptions, such as geopolitical tensions or natural disasters? 
  • What are the potential barriers to market entry and growth for new players in the United States automotive parts die casting market? 

Key Benefits for Stakeholders:

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 Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

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:

  • Production Process
  • Application
  • Region
Breakup by Production Process
  • Pressure Die Casting
  • Vacuum Die Casting
  • Squeeze Die Casting
  • Semi-Solid Die Casting
Breakup by Application
  • Engine Parts
  • Transmission Parts
  • Structural Parts
  • Others
Breakup by Region
  • New England
  • Mideast
  • Great Lakes
  • Plains
  • Southeast
  • Southwest
  • Rocky Mountain
  • Far West
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Nemak SAB De CV
  • Ryobi Limited
  • Gibbs Die Casting Corporation
  • Martinrea Honsel Germany GmbH
  • Rockman Industries Ltd.
  • Shiloh Industries, Inc.
  • Others

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30 North Gould Street, Sheridan, WY 82801

+1-415-325-5166

63 Fiona Drive, Tamworth, NSW

+61-448-061-727

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.

+63-287-899-028, +63-967-048-3306

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84-865-399-124