France Aluminum Die Casting Market Size & Outlook
France aluminum die casting market, 2017-2030 (US$M)
Related Markets
France aluminum die casting market highlights
- The France aluminum die casting market generated a revenue of USD 2,161.4 million in 2022 and is expected to reach USD 3,032.8 million by 2030.
- The France market is expected to grow at a CAGR of 4.3% from 2023 to 2030.
- In terms of segment, pressure die casting was the largest revenue generating process in 2022.
- Pressure Die Casting is the most lucrative process segment registering the fastest growth during the forecast period.
Aluminum die casting market data book summary
| Market revenue in 2022 | USD 2,161.4 million |
| Market revenue in 2030 | USD 3,032.8 million |
| Growth rate | 4.3% (CAGR from 2022 to 2030) |
| Largest segment | Pressure die casting |
| Fastest growing segment | Pressure Die Casting |
| Historical data | 2017 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Pressure Die Casting |
| Key market players worldwide | Aluminum Corp of China Ltd Class H, Amsted Industries, Confluent Inc Class A, Georg Fischer AG, Martinrea International Inc, Madison Industries, Ryobi Ltd |
Other key industry trends
- In terms of revenue, France accounted for 3.0% of the global aluminum die casting market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany aluminum die casting market is projected to lead the regional market in terms of revenue in 2030.
- Turkey is the fastest growing regional market in Europe and is projected to reach USD 1,926.7 million by 2030.
Pressure die casting was the largest segment with a revenue share of 74.92% in 2022. Horizon Databook has segmented the France aluminum die casting market based on pressure die casting covering the revenue growth of each sub-segment from 2017 to 2030.
France is anticipated to witness least growth in Europe over the forecast period. The country ranked 4th in the world, in terms of the number of COVID-19 cases, as of May 6, 2021. The outbreak of the pandemic had a severe impact on the automotive industry and the second and third waves of the pandemic are further deteriorating the economic growth.
The steep decline in market growth in 2020 can be attributed to declined automotive production in the country. The overall vehicle production in France declined by 39% in 2020 from 2019.
For example, in September 2020, the ENVISION GROUP announced its intention to build an EV battery plant in France at an investment worth millions of Euros to cater to the growing EV market. The plant is expected to be operational in late 2023.
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Aluminum Die Casting Market Scope
Aluminum Die Casting Market Companies
| Name | Profile | # Employees | HQ | Website |
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France aluminum die casting market size, by process, 2017-2030 (US$M)
France Aluminum Die Casting Market Outlook Share, 2022 & 2030 (US$M)
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