PUBLISHER: Grand View Research | PRODUCT CODE: 1530550
PUBLISHER: Grand View Research | PRODUCT CODE: 1530550
Europe Aluminum Die Casting Market Trends
The Europe aluminum die casting market size was estimated at USD 15.43 billion in 2023 and is expected to grow at a CAGR of 5.1% from 2024 to 2030. Growing investments towards the development of the automotive sector coupled with stringent regulations for low emissions are boosting the demand for aluminum die castings in Europe. According to ACEA, the EU car market rose by ~14% in April 2024, on a m-o-m basis, with significant growth in registrations witnessed in Spain, Germany, France, and Italy. The car registrations in the EU reached almost 3.7 million units in 2024, registering a 6.6% increase as of April. These statistics indicate a growth in demand for cars in Europe, which is anticipated to augment vehicle production in the region in the coming months.
Europe Aluminum Die Casting Market Report Segmentation
This report forecasts revenue and volume growth at the regional and country levels and provides an analysis of the latest trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the Europe aluminum die casting market report based on the production process, application, and country:
Germany
France
Italy
Russia
UK
Turkey