Automotive Parts Magnesium Die Casting Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Report Covers Global Automotive Parts Magnesium Die Casting Market Manufacturers and it is Segmented by Production Process (Pressure Die Casting, Vacuum Die Casting, Squeeze Die Casting, and Gravity Die Casting), Application (Body Parts, Engine Parts, Transmission Parts, and Other Applications), and Geography (North America, Europe, Asia-Pacific and Rest of the World). The report covers the market size in value (USD Billion) for all above segments.

Automotive Parts Magnesium Die Casting Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Automotive Parts Magnesium Die Casting Industry Overview

The global automotive parts magnesium die casting market isdomnaitng by regional small- and medium-scale players across both developing and developed countries around the world. Major recognized players, such as Georg Fischer Automotive, Ryobi Die Casting, Shiloh Industries, and Pace Industries, accounted for over 30% of the overall global market share.

Growing merger and acquisition between vehicle manufacturer and automotive parts manufacturing companies across the globe is witnessing major growth for the market. Major industries investing on research and development facilities on the light weight parts to enhance vehicle fuel efficiency. For instance, 

  • In May 2022, GF Casting Solutions, a division of GF, Schaffhausen and the Bocar Group have signed an agreement to offer a specialized range of products and services worldwide. The collabration helped to develop and invest in new technologies and services to support customers in North America, Europe and Asia. 
  • In January 2022, Koch Enterprises, Inc. has announced the acquisition of Amprod Holdings, LLC.

Automotive Parts Magnesium Die Casting Market Leaders

  1. Georg Fischer AG

  2. Shiloh Industries Inc.

  3. Pace Industries

  4. Gibbs Die Casting Group

  5. Sundaram Clayton Limited

  6. *Disclaimer: Major Players sorted in no particular order
Automotive Parts Magnesium Die Casting Market Concentration