The development of my country's die-casting industry began in the 1980s. Since the 1990s, with the rapid development of domestic automobiles, motorcycles, household appliances, 3C industries and other industries, especially the rapid development of the automotive industry, my country’s die-casting machines and die-casting The rapid development of the product industry.

Analysis of Die Casting Machine Market Demand

Die casting products are widely used in industries such as automobiles, household appliances, medical equipment, 3C products, and packaging. Among them, the demand for automobiles and motorcycles accounts for 65%, the demand for home appliances accounts for 9%, the demand for 3C accounts for 9%, and the electromechanical tools Field demand accounted for 9%, building materials and other fields accounted for 8%.

Die casting machine market size forecast

According to the statistics of the "Market Outlook and Investment Strategic Planning Analysis Report for Precision Die Casting Machine Processing Industry" released by the Qianzhan Industry Research Institute, lightweight automotive brings opportunities, and the die-casting machine market scale CAGR=20% from 2017 to 2020. By 2020, the amount of aluminum used in bicycles will reach 190KG, and the amount of aluminum used in bicycles will reach 15KG. In 2017, the amount of aluminum used in bicycles was 105KG, the amount of aluminum used in bicycles was 8.6KG, the compound growth rate of aluminum used in bicycles was 21.86%, and the compound growth rate of magnesium used in bicycles was 20.37%. The scale of the die-casting machine market is expected to grow at a compound growth rate of 20% from 2017 to 2020. In 2016, the scale of the domestic die-casting machine market was 8.3 billion yuan, and it is expected to reach 17.2 billion yuan by 2020.

The downstream industry of die-casting machines is die-casting manufacturers, and their products are widely used. More than 60% of die-casting parts in China are used in the automobile and motorcycle industries. In 2016, China's automobile production and sales completed 28.119 million and 28.028 million respectively, an increase of 14.5% and 13.7% respectively over the same period of the previous year. It is expected that my country's automobile production will show a steady growth in the next few years, and the stable development of the automobile industry will provide a good guarantee for the long-term stable development of the automobile die-casting industry.

Distribution of die casting machine application fields

The industry concentration in the domestic market is low, and the domestic leaders are concentrated in the low-end market. The world's die-casting machine manufacturing industry is mainly distributed in China, Japan, Switzerland, Italy, Germany and the United States, and the output of die-casting machines accounts for more than 90% of the global output. Japan, Germany, Italy and Switzerland account for 20% of the global output and 50% of the output value, occupying a leading position in developed countries such as Europe and North America. The domestic die-casting machine industry has a low degree of concentration. The domestic leading company Lijin technology market accounts for about 16%, Yizumi about 6%, and Suzhou Sanji about 3%, mainly concentrated in the low-end market.

Driven by the dual effects of policy and energy-saving drive, the demand for weight reduction of automobiles is becoming stronger and stronger. The application of lightweight alloys such as aluminum alloys, carbon fiber, and high-strength steel is an important way to achieve lightweight automobiles. High-strength steel and aluminum alloy castings are generally required Die-casting molding, it is expected that the increase in penetration rate of lightweight parts will provide large-scale incremental demand for die-casting machines.

Link to this article： 

The trend of automotive lightweighting is obvious, and the market demand for die-casting machines has further increased

Reprint Statement: If there are no special instructions, all articles on this site are original. Please indicate the source for reprinting:https://www.cncmachiningptj.com

PTJ® provides a full range of Custom manufacturer of precision fabricated parts made from aluminum parts, brass parts, bronze, copper parts, high yield alloy, low carbon steel investment casting, high carbon steel and stainless steel alloy. Capable of handling parts up to +/-0.0002 in. tolerance. Processes include cnc turning, cnc milling, laser cutting,.ISO 9001:2015 &AS-9100 certified.

Tell us a little about your project’s budget and expected delivery time. We will strategize with you to provide the most cost-effective services to help you reach your target,You are welcome to contact us directly ( sales@pintejin.com ) .