Miniature Parts Zinc Die Casting Market: Driven by Advantages of Die

NEW YORK, Jan. 31, 2023 /PRNewswire/ -- The miniature parts zinc die casting market size is forecast to increase by USD 1913.62 million from 2022 to 2027. However, the growth momentum will be decelerating at a CAGR of 4.5%, according to a recent market study by Technavio. The growth of the market will be driven by the advantages of die-casting machinery and die-cast parts, the growing construction industry, and the increasing need for lightweight metal components in end-user industries.

Charts & data tables about market and segment sizes for a historic period of five (2017-2021) years have been covered in this report. Download The Sample Report

Technavio has extensively analyzed 15 major vendors, including C. Palmer Die Casting Inc., Carteret Die Casting Corp., Cascade Die Casting Group Inc., Chicago White Metal Casting Inc., Custom Metal Crafters Inc., Eco die casting Co. Ltd., EMKA Beschlagteile GmbH and Co KG., ForceBeyond, Form Technologies, Kemlows Diecasting Products Ltd., LEECH Industries, Mag tec Casting Corp., Minda Corp. Ltd., Miniature Casting Corp., Northwest Die Casting, Phb Inc., Rajshi Technologies India Pvt. Ltd., Thomas Dudley Ltd., Vexos, and Yoder Industries Inc.

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Key Benefits for Industry Players & Stakeholders –

The report offers information on the criticality of vendor inputs, including R&D, CAPEX, and technology.

It also provides detailed analyses of the market's competitive landscape and vendors' product offerings.

The report also provides a qualitative and quantitative analysis of vendors to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.

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Customer Landscape - Analysis of Price Sensitivity, Adoption Lifecycle, Customer Purchase Basket, Adoption Rates, and Purchase Criteria by Technavio

One of the core components of the customer landscape is price sensitivity, an analysis of which will help companies refine marketing strategies to gain a competitive advantage.

Another key aspect is price sensitivity drivers (purchases are undifferentiated, the purchase is a key cost to buyers, and quality is not important), which range between LOW and HIGH.

Furthermore, market adoption rates for all regions have been covered.

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The market is segmented by application (automotive, electronics, medical, and others), method (vacuum die casting, pressure die casting, and others), and geography (APAC, North America, Europe, South America, and Middle East and Africa).

Segmentation by application (Inclusion/Exclusion)

The market growth will be significant in the automotive segment during the forecast period. The segment is driven by the increasing demand for vehicles of all categories. Also, the growth of the two-wheeler market and the availability of low interest rates are fostering the growth of the segment.

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What are the key data covered in this miniature parts zinc die casting market report?

CAGR of the market during the forecast period

Detailed information on factors that will drive the growth of the miniature parts zinc die casting market between 2023 and 2027

Precise estimation of the size of the miniature parts zinc die casting market size and its contribution to the market in focus on the parent market

Accurate predictions about upcoming trends and changes in consumer behavior

Growth of the miniature parts zinc die casting market industry across APAC, North America, Europe, South America, and Middle East and Africa

A thorough analysis of the market's competitive landscape and detailed information about vendors

Comprehensive analysis of factors that will challenge the growth of miniature parts zinc die casting market vendors

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The forging press market size is expected to increase by USD 2.49 billion from 2020 to 2025, and the market's growth momentum will accelerate at a CAGR of 2.8%. The benefits of forging over casting are notably driving the forging presses market growth, although factors such as lack of skilled labor in the manufacturing sector may impede the market growth.

Miniature Parts Zinc Die Casting Market Scope

Report Coverage

Details

Page number

168

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Decelerate at a CAGR of 4.5%

Market growth 2023-2027

USD 1913.62 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

4.55

Regional analysis

APAC, North America, Europe, South America, and Middle East and Africa

Performing market contribution

APAC at 33%

Key countries

US, China, Japan, India, and Germany

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

C. Palmer Die Casting Inc., Carteret Die Casting Corp., Cascade Die Casting Group Inc., Chicago White Metal Casting Inc., Custom Metal Crafters Inc., Eco die casting Co. Ltd., EMKA Beschlagteile GmbH and Co KG., ForceBeyond, Form Technologies, Kemlows Diecasting Products Ltd., LEECH Industries, Mag tec Casting Corp., Minda Corp. Ltd., Miniature Casting Corp., Northwest Die Casting, Phb Inc., Rajshi Technologies India Pvt. Ltd., Thomas Dudley Ltd., Vexos, and Yoder Industries Inc.

Market dynamics

Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of contents:

1 Executive Summary

1.1 Market overview

2 Market Landscape

2.1 Market ecosystem

3 Market Sizing

3.1 Market definition

3.2 Market segment analysis

3.3 Market size 2022

3.4 Market outlook: Forecast for 2022-2027

4 Historic Market Size

4.1 Global miniature parts zinc die casting market 2017 - 2021

4.2 Application Segment Analysis 2017 - 2021

4.3 Method Segment Analysis 2017 - 2021

4.4 Geography Segment Analysis 2017 - 2021

4.5 Country Segment Analysis 2017 - 2021

5 Five Forces Analysis

5.1 Five forces summary

5.2 Bargaining power of buyers

5.3 Bargaining power of suppliers

5.4 Threat of new entrants

5.5 Threat of substitutes

5.6 Threat of rivalry

5.7 Market condition

6 Market Segmentation by Application

6.1 Market segments

6.2 Comparison by Application

6.3 Automotive - Market size and forecast 2022-2027

6.4 Electronics - Market size and forecast 2022-2027

6.5 Medical - Market size and forecast 2022-2027

6.6 Others - Market size and forecast 2022-2027

6.7 Market opportunity by Application

7 Market Segmentation by Method

7.1 Market segments

7.2 Comparison by Method

7.3 Vacuum die casting - Market size and forecast 2022-2027

7.4 Pressure die casting - Market size and forecast 2022-2027

7.5 Others - Market size and forecast 2022-2027

7.6 Market opportunity by Method

8 Customer Landscape

8.1 Customer landscape overview

9 Geographic Landscape

9.1 Geographic segmentation

9.2 Geographic comparison

9.3 APAC - Market size and forecast 2022-2027

9.4 North America - Market size and forecast 2022-2027

9.5 Europe - Market size and forecast 2022-2027

9.6 South America - Market size and forecast 2022-2027

9.7 Middle East and Africa - Market size and forecast 2022-2027

9.8 US - Market size and forecast 2022-2027

9.9 China - Market size and forecast 2022-2027

9.10 Germany - Market size and forecast 2022-2027

9.11 Japan - Market size and forecast 2022-2027

9.12 India - Market size and forecast 2022-2027

9.13 Market opportunity by geography

10 Drivers, Challenges, and Trends

10.1 Market drivers

10.2 Market challenges

10.3 Impact of drivers and challenges

10.4 Market trends

11 Vendor Landscape

11.1 Overview

11.2 Vendor landscape

11.3 Landscape disruption

11.4 Industry risks

12 Vendor Analysis

12.1 Vendors covered

12.2 Market positioning of vendors

12.3 C. Palmer Die Casting Inc.

12.4 Carteret Die Casting Corp.

12.5 Cascade Die Casting Group Inc.

12.6 Chicago White Metal Casting Inc.

12.7 Eco die casting Co. Ltd.

12.8 ForceBeyond

12.9 Form Technologies

12.10 LEECH Industries

12.11 Mag tec Casting Corp.

12.12 Minda Corp. Ltd.

12.13 Northwest Die Casting

12.14 Phb Inc.

12.15 Rajshi Technologies India Pvt. Ltd.

12.16 Vexos

12.17 Yoder Industries Inc.

13 Appendix

13.1 Scope of the report

13.2 Inclusions and exclusions checklist

13.3 Currency conversion rates for US$

13.4 Research methodology

13.5 List of abbreviations

About UsTechnavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

ContactTechnavio ResearchJesse MaidaMedia & Marketing ExecutiveUS: +1 844 364 1100UK: +44 203 893 3200Email: [email protected]: www.technavio.com/

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