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This report provides an in depth analysis of the global die-casting machine market by value, by alloy feed material, by downstream application, by region, etc. The report provides a detailed regional analysis of the die-casting machine market, including the following regions: Asia Pacific (China & Rest of Asia Pacific), Europe, North America, and Rest of the World. The report also provides a detailed analysis of the COVID-19 impact on the die-casting machine market.
The report also assesses the key opportunities in the market and outlines the factors that are and would be driving the growth of the industry. Growth of the overall global die-casting machine market has also been forecasted for the period 2021-2025, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.
The global die-casting machine market is concentrated with few dominating market players operating worldwide. The key players of the die-casting machine market are L.K. Technology Holdings Limited., Toshiba Corporation, Toyo Machine & Metal Co., Ltd., Yizumi Precision Machinery Co. Ltd. are also profiled with their financial information and respective business strategies.
Country Coverage
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Asia Pacific
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Europe
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North America
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Rest of the World
Die-casting machine works as a mold, called die in which molten metal or alloy is poured into and given time to cool and solidify. It is then taken out, or casted, and the desired product is obtained. The machine has two parts - one in which the molten metal is poured and another part to cover the mold so that the desired shape is formed.
The die-casting machine market can be segmented on the basis of alloy feed material (Zinc, Aluminum, Copper, Silicon tombac, Magnesium, Lead and Tin and Others); by type (Hot-chamber Die-casting machines, and Cold-chamber Die-casting Machines); and downstream application (Automotive, 3C Industry, White Appliances, Mechanical Electric Tools, and Others).
The global die-casting machine market is projected to rise at a significant CAGR during the next four years i.e. 2021-2025. The global die-casting machine market is expected to increase due to surge in motor vehicle production, increasing demand for electronics, growing urban population, rapid industrial production, increasing construction activities, growing use of medical equipment & devices, etc. Yet, the market faces some challenges such as volatility in raw material prices, die-casting machine alternatives, high capital investments & operating costs, etc.
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