How big is the High-Pressure Die Casting Market?

The High-Pressure Die Casting Market size is expected to reach USD 38.66 billion in 2024 and grow at a CAGR of 6.16% to reach USD 52.14 billion by 2029. Read More

What is the current High-Pressure Die Casting Market size?

In 2024, the High-Pressure Die Casting Market size is expected to reach USD 38.66 billion. Read More

Who are the key players in High-Pressure Die Casting Market?

GF Casting Solutions AG, Shiloh Industries Inc., Ryobi Die Casting, Nemak SAB De CV and Rheinmetall AG are the major companies operating in the High-Pressure Die Casting Market. Read More

Which is the fastest growing region in High-Pressure Die Casting Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in High-Pressure Die Casting Market?

In 2024, the Asia-Pacific accounts for the largest market share in High-Pressure Die Casting Market. Read More

What years does this High-Pressure Die Casting Market cover, and what was the market size in 2023?

In 2023, the High-Pressure Die Casting Market size was estimated at USD 36.28 billion. The report covers the High-Pressure Die Casting Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the High-Pressure Die Casting Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

High-Pressure Die Casting Market Report | Industry Analysis, Size & Forecast

High Pressure Die Casting Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The High-Pressure Die Casting Market Report is Segmented by Raw Material Type (Aluminum, Zinc, and Magnesium), Application (Automotive, Electrical and Electronics, Industrial Applications, and Other Applications), Production Process (Vacuum High-Pressure Die Casting and Squeeze High-Pressure Die Casting), and Geography (North America, Europe, Asia-Pacific, and Rest of the World). The Report Offers Market Sizes and Forecasts in Value (USD) for all the Above Segments.

High-Pressure Die Casting Industry Overview

The high-pressure die-casting market is highly fragmented, with the presence of many regional and international players worldwide. Competition in the market has increased, as many small- and medium-scale players from developing countries have entered and expanded their business in the market over recent years. Some of the recognized players in the market are Nemak, Georg Fischer Automotive, Ryobi Die Casting, Rheinmetall AG, Form Technologies Inc. (Dynacast), and Shiloh Industries. Some other notable players include Koch Enterprise, Linamar Corporation, and Bocar Group.

Major players in the HPDC market are actively engaging in technological advancements, operational efficiency improvements, and strategic expansions to enhance their product offerings and better position themselves in the evolving automotive market, especially with the shift toward electric vehicles. These strategic moves are aimed at capturing a larger share of the market by meeting the increasing demands for high-quality, precision components in both conventional and electric vehicles.

For instance, in May 2024, Ryobi Die Casting announced a USD 50 million expansion of its plant in Mexico to increase production capacity in anticipation of future EV demands. This expansion included the addition of new large HPDC machines, underscoring Ryobi's strategic initiative to scale operations in line with market trends.