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Showing posts with the label Aluminum Die Casting Market Share

Aluminum Die Casting Market Size Is Anticipated To Reach USD 105.63 Billion By 2030

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  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

Aluminum Die Casting Market Estimated At USD 35.64 Billion By 2028

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San Francisco, 2 Feb 2022:   The Report  Aluminum Die Casting Market  Size, Share & Trends Analysis Report By Application (Transportation, Telecommunication, Building & Construction), By Production Process, By Region, And Segment Forecasts, 2021 - 2028 The global aluminum die casting market size is expected to reach USD 35.64 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 5.1% from 2021 to 2028. 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 owing to i

Aluminum Die Casting Market Registering A CAGR Of 10.1% Over Forecast Period From 2019 To 2025: Grand View Research Inc.

San Francisco, 11 October 2019:   The Report   Aluminum Die Casting Market   Size, Share & Trends Analysis Report By Process, By End Use (Transportation, Industrial, Building & Construction,), By Region, And Segment Forecasts, 2019 – 2025 The global aluminum die casting market size is anticipated to reach USD 48.93 billion by 2025, according to a new report by Grand View Research, Inc. It is projected to register a CAGR of 10.1% during the forecast period. Increasing demand for lightweight parts in the automotive sector is anticipated to drive the growth. Recycled aluminum has widely gained popularity, as the demand for products with low carbon footprint escalates. The momentum towards reducing carbon footprint is already gaining prominence in the market. For instance, in 2016, Jaguar Land Rover launched a project to return used vehicle parts to Novelis after the end of the vehicle’s lifecycle. Industrial Internet of Things (IIoT) and industry 4.0 are emerging technologi