Automotive Metal Casting Market Size, Share, Industry Growth by 2030
Automotive Metal Casting Market Highlights Automotive Metal Casting Market has witnessed significant growth, mainly due to the current hype of mobility services, autonomous driving, digitization and automotive-dominated electric powertrains. With the boom in automotive manufacturing, automotive chassis and exterior worldwide account for a major share of automotive metal casting market growth. Vehicle weight reduction is another major trend on the market that is expected to boost demand, with producers opting for lightweight materials to ensure emission reduction rates. As a result, in the automotive industry, the use of lightweight materials such as aluminum, magnesium and zinc has increased.With major manufacturers and suppliers competing at the global level in the automotive industry, competition intensity within the automotive industry has increased. Such intense competition is forcing diverse suppliers and manufacturers around the supply chain to establish high-...