Aluminium Casting Market in India 2024-2028

Description

List of Tables

The aluminium casting market in India is forecasted to grow by USD 7.15 bn during 2023-2028, accelerating at a CAGR of 8.5% during the forecast period. The report on the aluminium casting market in India provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing use of aluminum casting in automotive industry, stringent regulations for environmental protection, and increasing use of lightweight and high-performance materials.

Technavio's aluminium casting market in India is segmented as below:

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	8%
CAGR	8.5%
Incremental Value	$7.15bn

By Method

Die casting
Permanent mold casting
Others

By Application

Automotive
Heavy machinery and industrial
Aerospace and defense
Construction
Others

This study identifies the growing importance of secondary aluminum casting as one of the prime reasons driving the aluminium casting market in India growth during the next few years. Also, rising aluminum material innovations and aluminum alloy development and growing adoption of aluminum casting in wind energy generation will lead to sizable demand in the market.

The report on the aluminium casting market in India covers the following areas:

Aluminium casting market in India sizing
Aluminium casting market in India forecast
Aluminium casting market in India industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading aluminium casting market in India vendors that include Buhler AG, Endurance Technologies Ltd., Form Technologies, Hero Group, IBEX ENGINEERING PVT. LTD., Jaya Hind Industries, Magna International Inc., Minda Corp. Ltd., NEMAK SAB de CV, Rheinmetall AG, Rico Auto Industries Ltd., Samvardhana Motherson International Ltd., Sandhar Technologies Ltd, Sipra Engineers, Sundaram Clayton Ltd., Tattvan Alumicast Pvt. Ltd., and VAF Def Aero Systems Pvt. Ltd.. Also, the aluminium casting market in India analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR72053

1 Executive Summary

1.1 Market overview

2 Market Landscape

2.1 Market ecosystem

3 Market Sizing

3.1 Market definition
3.2 Market segment analysis
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028

4 Historic Market Size

4.1 Aluminum casting market in India 2018 - 2022
4.2 Method Segment Analysis 2018 - 2022
4.3 Application Segment Analysis 2018 - 2022

5 Five Forces Analysis

5.1 Five forces summary
5.2 Bargaining power of buyers
5.3 Bargaining power of suppliers
5.4 Threat of new entrants
5.5 Threat of substitutes
5.6 Threat of rivalry
5.7 Market condition

6 Market Segmentation by Method

6.1 Market segments
6.2 Comparison by Method
6.3 Die casting - Market size and forecast 2023-2028
6.4 Permanent mold casting - Market size and forecast 2023-2028
6.5 Others - Market size and forecast 2023-2028
6.6 Market opportunity by Method

7 Market Segmentation by Application

7.1 Market segments
7.2 Comparison by Application
7.3 Automotive - Market size and forecast 2023-2028
7.4 Heavy machinery and industrial - Market size and forecast 2023-2028
7.5 Aerospace and defense - Market size and forecast 2023-2028
7.6 Construction - Market size and forecast 2023-2028
7.7 Others - Market size and forecast 2023-2028
7.8 Market opportunity by Application

8 Customer Landscape

8.1 Customer landscape overview

9 Drivers, Challenges, and Trends

9.1 Market drivers
9.2 Market challenges
9.3 Impact of drivers and challenges
9.4 Market trends

10 Vendor Landscape

10.1 Overview
10.2 Vendor landscape
10.3 Landscape disruption
10.4 Industry risks

11 Vendor Analysis

11.1 Vendors covered
11.2 Market positioning of vendors
11.3 Buhler AG
11.4 Endurance Technologies Ltd.
11.5 Form Technologies
11.6 Hero Group
11.7 IBEX ENGINEERING PVT. LTD.
11.8 Magna International Inc.
11.9 Minda Corp. Ltd.
11.10 NEMAK SAB de CV
11.11 Rheinmetall AG
11.12 Rico Auto Industries Ltd.
11.13 Samvardhana Motherson International Ltd.
11.14 Sandhar Technologies Ltd
11.15 Sipra Engineers
11.16 Sundaram Clayton Ltd.
11.17 VAF Def Aero Systems Pvt. Ltd.

12 Appendix

12.1 Scope of the report
12.2 Inclusions and exclusions checklist
12.3 Currency conversion rates for US$
12.4 Research methodology
12.5 List of abbreviations