Global Die Casting Market Trajectory & Analytics, 2022-2026: With Myriad Factors Boosting the Outlook for EVs, Die-Casting Foundries Will Witness the Emergence of New Demand - ResearchAndMarkets.com
China represents the largest regional market for Die Casting and is projected to reach US$41.3 Billion by 2026.
- China represents the largest regional market for Die Casting and is projected to reach US$41.3 Billion by 2026.
- Asia-Pacific is forecast to emerge as the fastest growing regional market with a CAGR of 8.3% over the analysis period.
- The intensifying efforts to expand 4G networks and launch 5G networks are driving demand for die castings in the telecommunications industry.
- Sustained advancements in technology associated with casting automation will also fuel market for die castings in the coming years.