Market Share of High-Pressure Die Casting Industry
The high-pressure die-casting market is highly fragmented, with the presence of many regional and international players worldwide. Competition in the market has increased, as many small- and medium-scale players from developing countries have entered and expanded their business in the market over recent years. Some of the recognized players in the market are Nemak, Georg Fischer Automotive, Ryobi Die Casting, Rheinmetall AG, Form Technologies Inc. (Dynacast), and Shiloh Industries. Some other notable players include Koch Enterprise, Linamar Corporation, and Bocar Group.
Major players in the HPDC market are actively engaging in technological advancements, operational efficiency improvements, and strategic expansions to enhance their product offerings and better position themselves in the evolving automotive market, especially with the shift toward electric vehicles. These strategic moves are aimed at capturing a larger share of the market by meeting the increasing demands for high-quality, precision components in both conventional and electric vehicles.
- For instance, in May 2024, Ryobi Die Casting announced a USD 50 million expansion of its plant in Mexico to increase production capacity in anticipation of future EV demands. This expansion included the addition of new large HPDC machines, underscoring Ryobi's strategic initiative to scale operations in line with market trends.
High-Pressure Die Casting Market Leaders
-
GF Casting Solutions AG
-
Shiloh Industries Inc.
-
Ryobi Die Casting
-
Nemak SAB De CV
-
Rheinmetall AG
*Disclaimer: Major Players sorted in no particular order
