The France Automotive Parts Magnesium Die casting Market Research Report 2020 to 2025 presents an in-depth assessment of the Station France Automotive Parts Magnesium Die casting It provides the industry overview with market growth analysis with a historical & futuristic perspective considering the following parameters; cost, revenue, demands, and supply data (as applicable). The bottom-up approach was used to estimate the global market size of Station France Automotive Parts Magnesium Die casting based on end-use applications in the various regions, in terms of USD million. The report covers the historic growth of the market, the impact of the COVID-19, and also forecasts its recovery post-COVID-19. The report also presents forecasts for France Automotive Parts Magnesium Die casting investments from 2020 to 2025.
Top Companies in the Global France Automotive Parts Magnesium Die casting Market:
Meridian Light Weight Technologies, Pace Industries, Shiloh Industries, Inc., Georg Fischer AG, Gibbs Die Casting (Koch Enterprises), and Dynacast
The_France Automotive Parts Magnesium Die Casting Market is projected to grow with a CAGR of more than 6% during the forecast period.
Owing to the high demand for automobiles in the region, the United States is one of the largest markets for automobiles in the world. the presence of leading automobile manufacturers, as well as the component manufacturers, is driving the growth in the region. However, because of the ongoing trade war between the United States and France, the economy is expected to be heading towards a recession and automobile sales are expected to witness a downfall for a couple of years until the end of trade tensions.
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Increased Application in Body Assemblies
Key body structure applications, such as floor rails, shock towers, and pillars, are now being manufactured using high-pressure non-ferrous castings. The use of magnesium in automotive body parts is limited, but it has recently been observed to be expanding.
GM has been employing a single-piece die-cast roof frame, since the introduction of the C-5 Corvette in 1997. Cadillac XLR roadster’s retractable hardtop convertible roof and top frame employ magnesium alloys. SUVs and Ford F-150 trucks are coated with magnesium castings, for the vehicles’ radiator support, and Dodge Viper is coated with one-piece magnesium front-of-dash die casting. In Europe, for body panel applications, the German auto giants, Volkswagen and Mercedes, have employed thin-wall magnesium die castings. Thin-wall casing application constitutes a major part of magnesium usage in the automotive industry. Thin-wall die castings, such as closure inners, can often offset the material cost penalty of magnesium, over steel sheet metal construction, due to part consolidation.
The first magnesium die-cast closure to ever meet 55 mph rear crash requirements is used in the liftgate inner panel, and the part is found in 2010 Lincoln MKT. The key aspect of manufacturing thin-wall castings, which are approximately less than 2mm, lies in the design of casting, using proper radii, and smooth die-filling of the ribs to stiffen the parts.
The growing market for lightweight vehicles to reduce CO_ emissions is identified as one of the primary drivers for growth in this market. Recent regulations, such as the decision of the Environmental Protection Agency (EPA) to raise mile per gallon standards to 35.5 miles per gallon by 2016, and then 54.5 mpg by 2025 have induced automotive manufacturers to shift their focus to the use of light-weight metals for producing automobile parts.
Rules imposed by the Occupational Safety and Health Administration (OSHA) to develop the technical workforce in the die casting industry are expected to improve the overall production of the market. Moreover, initiatives by the National Air Duct Cleaners Association (NADCA) to advance the technical workforce in the industry of die casting are also anticipated to foster market growth.
Regions Are covered By France Automotive Parts Magnesium Die casting Market Report 2020 To 2025.
North America, Europe, China, Japan, Southeast Asia, India.
North America (USA, Canada, and Mexico).
Europe (Germany, France, UK, Russia, and Italy).
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia).
The report has 150 tables and figures browse the report description and TOC
Significant Features that are under Offering and Key Highlights of the Reports:
-Detailed overview of France Automotive Parts Magnesium Die casting Market
-Changing the France Automotive Parts Magnesium Die casting market dynamics of the industry
-In-depth market segmentation by Type, Application, etc.
-Historical, current and projected France Automotive Parts Magnesium Die casting market size in terms of volume and value
Recent industry trends and developments
-Competitive landscape of France Automotive Parts Magnesium Die casting Market
-Strategies of key players and product offerings
-Potential and niche segments/regions exhibiting promising growth.
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All the reports that we list have been tracking the impact of COVID-19 on the market. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check with the sales team.
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