Market Share of Gravity Die Casting Industry
Some of the major players in the market include Rockman Industries, Endurance Group, Minda Corporation, Hitachi Metals, Georg Fischer Limited, MAN Group (Alucast), Zollern GmbH, , Esko Die Casting, and CIE Automotive. Key players in the market are expanding their production capacity to cater to the increased demand. For instance,
- June 2023, Chinese automotive supplier Asiaway Automotive Components inaugurated the first phase of its new plant in San Luis Potosí, Mexico with an investment of USD 41.4 million. The Tier 2 supplier produces aluminum and zinc automotive components using the die-casting process (HPDC 125T - 6600T), CNC, machining, cleaning, testing, assembly, warehousing and distribution to various Tier 1 companies in San Luis Potosí and throughout northern Mexico.
- September 2023, Polestones, an auto brand jointly established by Rox Motor Tech Co., Ltd. and Beijing Automobile Works, announced that it received a USD 1 billion strategic investment from Shandong Weiqiao Pioneering Group. The funds will be used for all-aluminum vehicle body R&D, integrated die casting technologies, and a short-process intelligent manufacturing plant project.
- May, 2022: GF Casting Solutions, a branch of GF, Schaffhausen (Switzerland), said that it will use its experience to improve the development of electric car parts and components (EVs). The company is able to create goods that satisfy the demands of its clients by cooperating with them from the early design and conceptual phases. In a cooperative development phase, GF Casting Solutions created a lightweight die-cast battery housing for Renault's two hybrid models. The enclosure is built of an aluminum alloy, which allows for great functional integration and an integrated cooling circuit.
Gravity Die Casting Market Leaders
Hitachi Metals Ltd
Endurance Technologies
Georg Fischer AG
Rockman Industries
CIE Automotive
*Disclaimer: Major Players sorted in no particular order
