Rising demand for lightweight materials in vehicle manufacturing end user industries is projected to bolster the automotive parts aluminium die casting market growth in Europe and is estimated to grow with 7.28% till 2024.

(IT-NEWSWIRE.COM, February 19, 2018 ) Envision Inteligence estimates that Europe Automotive Parts Aluminium Die Casting market is projected to reach $78.12 billion by the end of 2024 with a CAGR of 7.28% from $52.27 billion in 2018.

Introduction:
Process used to manufacture the metal parts with high reliability and accuracy by the use of moulds is called die casting and is used in the different automotive companies to manufacture different parts. Aluminium die casting is die casting done by Aluminium metal which is mostly preferred. The moulds which are prepared by aluminium die casting are having the advantages like aluminium is recyclable and resistant to corrosion.

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Due to political reasons, economic crisis, CO2 emission and reduction in the fuel consumption has become major advantage to keep manufacturers focused on the lightweight materials so that increased automation in the die casting industry spiked the productivity and is dragging the attention of automotive manufacturers towards highly durable die casting parts.
Evolution of the aluminium as engine blocks, body supplies, passenger cars which are manufactured by the companies like BMW, Magic Precision Inc., Meridian Lightweight Technologies. Aluminium markets are developed from 50 kg of aluminium parts used for manufacturing passenger vehicle to 500kg of aluminium parts used in manufacturing Audi car. This shows the change in aluminium industry according to technological advancements.

Key players in the market include:
• Chicago White Metal Casting Inc.
• Sipra Engineers Pvt. Ltd.
• Endurance Technologies Private Limited
• Jaya Hind Industries Pvt. Ltd
• Officine Meccaniche Rezzatesi

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This report contains the in-depth analysis on the market and the estimations are done using volume and value data are further validated on three approaches including bottom-up, top-down and from top companies revenues to conclude the market estimations precisely and accurately considering all the parameters and market dynamics.

Key pointers in the report include:
•Competitive landscape & market analysis is included in the report to understand the key companies’ position and Porter's Analysis, PESTLE analysis, SWOT Analysis& Y-O-Y analysis are performed to comprehend the market dynamics and key companies’ position during the next five years.
•A team of analysts has analyzed and listed out the key drivers, constraints, challenges and emerging opportunities in all the industry verticals, which will specify the emerging scope of the market in end-user industries.
•Industry value chain analysis is provided in the report to identify the key stakeholders and prominent players at each stage of the company along with the value addition at each stage of the value chain.
•Complete analysis including global and regional trends, technological developments, and new product innovations are included in the report specific to each segment of the market.
•A complete 360-degree analysis including product portfolio, business portfolio, developmental strategies, and key developments from the companies in the historical period for the key players operating in the market is included in the report.

Related Reports:
Asia-Pacific Metal Working and Fabrication Equipment Market: https://www.envisioninteligence.com/industry-report/asia-pacific-metal-working-fabrication-equipment-market/

North America Automotive Parts Magnesium Die Casting Market: https://www.envisioninteligence.com/industry-report/north-america-automotive-parts-magnesium-die-casting-market/

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Rising demand for lightweight materials in vehicle manufacturing end user industries is projected to bolster the automotive parts aluminium die casting market growth in Europe and is estimated to grow with 7.28% till 2024.