Italy Automotive Parts Aluminium Die casting Market - Growth, Trends, Forecast (2020 - 2025)

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Italy Automotive Parts Aluminium Die casting Market 

With a large number of local die casters, Italy accounted to 36% of the European automotive parts aluminium die casting market share. This market is expected to grow from $542.41 million in 2015 with a higher CAGR of 6.89% till 2020. The automotive industry is one of the most important drivers for Italian economy. With over a 1.2million labor force, this industry accounts for 3,500 suppliers and service providers, of which 885 are manufacturers of vehicle parts and components. This is one of the reasons for larger number of aluminium die casters in the country. Further, demand to protect cars, safeguard the environment and enhance personal safety are increasingly being determined by national legislation and safety standards in the country. Even consumer trends and preferences are towards fuel efficient and compact vehicles.

The market is segmented based on the production process type, and by application type. In a nutshell, automobile makers are now focusing on collaborating with the part die casting manufacturers in order to produce fuel-efficient and lightweight automobiles.

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  • This report on Italyautomotive aluminum parts die casting market, analyzes the current market trends within Italy in detail.
  • This report offers the technical aspects and economic data of the market and its forecast to the next 5 years (2015-2020).
  • It also discusses the latest technologies in the Italyautomotive aluminum die casting materials and parts that are under development and in research pipeline.
  • This report provides the list of major players in the market and gives an in depth analyst perspective of what makes the products and strategies of these players stand out.

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