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DIE CASTING MARKET ANALYSIS

Die Casting Market, By Casting Type (Pressure Die Casting, Vacuum Die Casting, Squeeze Die Casting, and Other), By Material: Aluminum, Magnesium, and Zinc), By Application (Automotive, Electrical and Electronics, Industrial, and Other), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

Market Concentration and Competitive Landscape

Die Casting Market Concentration By Players

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Growth of Consumer Electronics Industry

Another key growth driver for the die casting industry is the booming consumer electronics market. Cell phones, laptops, desktop computers, gaming consoles, wearable devices, smart home appliances and various other electronic gadgets are becoming an integral part of daily life. Manufacturers in the consumer electronics space are constantly introducing innovative new product designs with added features to attract consumers. Die casting helps electronics brands meet rising expectations of consumers in terms of product design, functionality, and performance.

Complex and lightweight enclosures for portable consumer devices like smartphones and tablets are commonly made from die casted magnesium and aluminum alloy components. This provides strength without adding unnecessary weight. Die casting facilitates the creation of intricate internal frames that deliver structural rigidity. It also aids effective heat dissipation - a critical factor considering the powerful yet compact internals of modern smartphones. As electronics continue to shrink in size while packaging more processing power and connectivity features, die casting is playing a bigger role. It allows makers to cast net-shape parts with great precision and in large volumes to lower production costs. With demand for consumer electronics showing no signs of abating across both developing and developed nations, die casting is expected to see growing use in this high-potential sector.

Key Players Insights
  • Alcoa Corporation
  • Bocar Group
  • Endurance Technologies Limited
  • Engtek Group
  • Form Technologies Inc.
  • Georg Fischer Limited
  • Koch Enterprises
  • Linamar Corporation
  • Meridian Lightweight Technologies UK Ltd
  • Nemak
  • Rheinmetall AG
  • Rockman Industries
  • Ryobi Die Casting Ltd
  • Sandhar Group
  • Shiloh Industries
  • Sundaram Clayton Ltd

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