The India die casting components market size reached USD XX Million in 2024. Looking forward, IMARC Group expects the market to reach USD XX Million by 2033, exhibiting a growth rate (CAGR) of XX% during 2025-2033. The increasing demand for lightweight components in automotive manufacturing, growing industrialization, continual advancements in casting technology, and the rising focus on energy-efficient production processes across various end-use industries are some of the major factors augmenting the India die casting components market share.
Report Attribute
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Key Statistics
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Base Year
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2024 |
Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | USD XX Million |
Market Forecast in 2033 | USD XX Million |
Market Growth Rate 2025-2033 | XX% |
Rising Demand for Lightweight Components in the Automotive Sector
The increasing focus on fuel efficiency and emission reduction is leading to a growing demand for lightweight die-cast components, particularly in the automotive industry. With government regulations pushing for sustainability and efficiency, manufacturers are adopting advanced die-casting processes to produce high-strength, lightweight components. According to a Press Information Bureau report published on March 25, 2025, since its launch in 2014, the 'Make in India' campaign has profoundly changed India's automotive sector, increasing vehicle manufacturing from 2 Million units in 1991-92 to almost 28 million units in 2023-24. Exports reached 4.5 Million units in FY 2023–2024, and the sector has drawn USD 36 Billion in foreign direct investment over the last four years, contributing around 6% of the country's GDP. The electric vehicle market has also grown, with 4.4 Million registered EVs in the first eight months of 2024, representing a 6.6% market share. The growing adoption of electric vehicles (EVs) is also driving the need for aluminum and magnesium die-cast parts, as they help reduce vehicle weight and enhance energy efficiency. Additionally, advancements in high-pressure die casting (HPDC) and low-pressure die casting (LPDC) technologies are enabling mass production of precision-engineered components, thereby fostering India die casting components market growth. As a result, the industry is witnessing a surge in investments in die-casting facilities and technological innovations. The demand for structural and transmission components is expected to rise, contributing significantly to overall market expansion.
Technological Advancements and Expansion Across End-Use Industries
The integration of automation and advanced manufacturing technologies is transforming the production of die-cast components across multiple sectors. With industries such as aerospace, electronics, and industrial machinery increasingly relying on precision die-cast parts, manufacturers are focusing on improving production efficiency and minimizing material wastage. The shift toward Industry 4.0 practices, including smart manufacturing and real-time monitoring, is further streamlining operations and enhancing product quality. According to an industry report, the combination of machine learning (ML) and artificial intelligence (AI) solutions is driving a significant transformation in India's manufacturing sector, accelerating the transition to smart factories. By 2025, digital technologies are expected to account for 40% of manufacturing spending, up from 20% in 2021, reinforcing India's position as a competitive hub for advanced die-casting solutions. Additionally, the increasing use of recycled materials in die-casting aligns with sustainability goals, reducing the environmental impact of production, which is positively impacting India die casting components market outlook. The electronics industry, in particular, is witnessing a rise in demand for die-cast components due to the miniaturization of devices and the need for durable, high-performance materials. With ongoing technological advancements and market diversification, the industry is set to experience sustained growth in the coming years.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2025-2033. Our report has categorized the market based on component type, material type, process type, sales channel, and end use industry.
Component Type Insights:
The report has provided a detailed breakup and analysis of the market based on the component type. This includes engine components, transmission components, structural components, electrical and electronics components, and others.
Material Type Insights:
A detailed breakup and analysis of the market based on the material type have also been provided in the report. This includes aluminum die castings, zinc die castings, magnesium die castings, and others.
Process Type Insights:
The report has provided a detailed breakup and analysis of the market based on the process type. This includes High-Pressure Die Casting (HPDC), Low-Pressure Die Casting (LPDC), gravity die casting, and others.
Sales Channel Insights:
A detailed breakup and analysis of the market based on the sales channel have also been provided in the report. This includes OEM (Original Equipment Manufacturer), and aftermarket.
End Use Industry Insights:
The report has provided a detailed breakup and analysis of the market based on the end use industry. This includes aerospace and defense, industrial machinery, electrical and electronics, consumer goods, and others.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include North India, South India, East India, and West India.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Million USD |
Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Component Types Covered | Engine Components, Transmission Components, Structural Components, Electrical and Electronics Components, Others |
Material Types Covered | Aluminum Die Castings, Zinc Die Castings, Magnesium Die Castings, Others |
Process Types Covered | High-Pressure Die Casting (HPDC), Low-Pressure Die Casting (LPDC), Gravity Die Casting, Others |
Distribution Channels Covered | OEM (Original Equipment Manufacturer), Aftermarket |
End Use Industries Covered | Aerospace and Defense, Industrial Machinery, Electrical and Electronics, Consumer Goods, Others |
Regions Covered | North India, South India, East India, West India |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |