Market Share of Gigacasting Industry
The gigacasting market is dominated by a few key players, including Idra SRL, LK Technology Holdings Limited, Bühler AG, and others. The growing adoption of gigacasting machines among vehicle manufacturers worldwide is likely to boost the market during the forecast period. For instance,
- In September 2023, Aisin, a Japanese automotive supplier, implemented gigacasting, a manufacturing method originally introduced by Tesla, in the production of aluminum components for electric vehicles.
- In June 2023, Bühler Holding AG showcased its Carat 840 megacasting solution at the "Megacasting Unveiled" event in Austria. The machinery enables the production of structural castings for automobile body-in-white assemblies while reducing costs and CO2 emissions.
Gigacasting Market Leaders
Idra S.r.l.
Bühler AG
L.K. Technology Holdings Limited,
Handtmann Holding GmbH & Co. KG
Birch Machinery Company Ltd
*Disclaimer: Major Players sorted in no particular order
