LONDON--(BUSINESS WIRE)--Market research firm Technavio has announced the release of their latest report on the global aluminum die casting machinery market. This new report will provide expert market insights for the forecast period 2018-2022.
The report will present an updated analysis of the market with regards to the current competitive landscape and global environment. It will also provide new forecasts based on the latest information with respect to current trends, drivers, and key market players.
The upgraded research report on the global aluminum die casting machinery market is an integral part of Technavio’s engineering tools portfolio. Technavio covers an extensive range of market research reports on the engineering tools, which emerge as a crucial building block for the entire manufacturing sector. Some of the topics covered include gear manufacturing, powder injection molding, and cryogenic equipment.
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Global opportunities for growth
Technavio’s previous report on the global aluminum die casting machinery market projected APAC to dominate the market, accounting for over 71% of the total market share by 2020. APAC induced major casting manufacturers to consolidate their business in the region due to its low raw material and labor costs.
In the previous report, a senior research analyst at Technavio stated, “Government regulations on vehicle emission standards have induced automotive manufacturers to shift their focus to the use of light-weight metals for producing automobile parts. Light-weight vehicles result in lesser fuel consumption rates thereby reducing CO2 emissions. Moreover, light-weight aluminum parts reduce production costs and offer more durability. This rise in demand for light-weight automobiles will augment the necessity of aluminum die cast components, which will create a potential demand for aluminum die cast machinery.”
Technavio’s new report on the global aluminum die casting machinery market will evaluate the key geographical regions and their behavior over the past four years, introducing new data and observations and providing new predictions.
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Detailed analysis at your fingertips
Some of the topics that will be revisited in the new report include:
- Market size and growth rate through 2022
- Top factors driving the market growth
- Key trends expected to impact the market
- Competitive landscape and market share analysis of the key players
- Market opportunities and challenges
The report on the global aluminum die casting machinery market for the period 2018-2022 is available to order now and will be delivered within one week of purchase.
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Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
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