Aluminum Die Casting Market Size Is Anticipated To Reach USD 105.63 Billion By 2030
San Francisco, 16 April 2024: The Report Aluminum Die Casting Market Size, Share & Trends Analysis Report By Application (Transportation, Industrial, Building & Construction), By Production Process, By Region, And Segment Forecasts, 2023 - 2030 The global aluminum die casting market size is expected to reach USD 105.63 billion by 2030, registering CAGR of 5.4% from 2023 to 2030 according to a new report by Grand View Research, Inc. The growth of the telecommunication sector coupled with the increasing demand for lightweight materials from the automotive and aerospace industries is expected to propel the market growth in the coming years. Die casting is a process, performed by forcing molten aluminum into a steel die (mold) under pressure. Based on production process, the market is segregated into pressure die casting and other processes. Pressure die casting is further segmented into high and low, where the former constitutes a larger share due to its higher production rat