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Europe Automotive Parts Magnesium Die Casting Market

  • July 2017
  • 119 pages
  • Mordor Intelligence LLP
Report ID: 5023763

Summary

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The availability of the raw materials in a large variety of semi-furnished forms, such as shape, castings, extrusions and sheet has become a major advantage for the European die-cast manufacturers. Such semis are very suitable for mass production and innovative solutions in the form of compact and highly integrated parts that meet the high demands for performance, quality and cost-efficient manufacturability. Evolution of magnesium as engine block material by BMW, gaining acceptance of aluminum castings for many parts and innovative applications in the construction of space frame, axle parts, and structural components are some of the major factors driving the Europe automotive parts die casting market.

Advantages of using Magnesium in Automotive Parts Die Casting

Ability to form casting with RFI and EMI shielding
High electrical conductivity
Full recyclability
High impact & dent resistance
Exceptional damping capacity
Low inertia
Higher scope of application as an alternative to thermoplastics due to light-weight feature

Finite global resources, optimization of energy consumption and the associated reduction of CO2 emissions have become the priority of every government. And it is the automotive industry that is dragged into the spotlight when the question of emission reduction is brought up. Companies such are Proto Labs have come up with their new Magnesium thixomolding, a type of semi-solid metal casting that is expected to produce complex net-shaped parts with thin walls, light weight, and minimal porosity and is considered safer and more environment-friendly than magnesium die casting as such. Europe’s automotive industry has witnessed a dramatic growth over the past couple of years. Owing to inviting new innovations, it has never restricted itself. At present, the European automotive manufacturers are striving to meet the targets for highly tensile chassis frames and strong automotive parts that are long standing, lightweight and cost effective.

The market is segmented based on the production process type, application type, and geography. 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.

Some of the key players in the market are:

Georg Fischer Limited
Gibbs Die Casting Group
Magic Precision Inc.
Meridian Lightweight Technologies
Morimura Bros. Inc.
Pace Industries
Ryobi Die Casting Inc.

What the report offers/b>

This report on Europe’s automotive parts magnesium die casting market analyzes the current market trends on a global and region scale in detail.
This report offers the technical aspects and economic data of the market and its forecast for the next 5 years (2015-2020).
It also discusses the latest technologies in the European automotive magnesium die casting alloys and parts that are under development and in the 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 from the pack.

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