- The key vendors in the Global Metal Casting Market 2014-2018 are Alcoa Inc., Hitachi Metals Ltd. and Precision Castparts Corp.
London, 15 October 2014: TechNavio, an independent tech-focused global research firm, has announced the publication of its market research report on Global Metal Casting Market 2014-2018. One of the major trends is the government regulations on casting manufacturers regarding environmental protection and energy efficiency. With regard to the automotive industry, legislators are focused on reduction of GHG emissions by ensuring that automobiles provide better fuel efficiency. The market is expected to grow at a CAGR of 6.60 percent during the forecast period of 2013-2018.
“Strong growth in the Automobile as well as Aerospace industries will add to the robust demand for non-ferrous castings as they provide better fuel efficiency, overall noise reduction, and less vibration compared to other materials,” says Faisal Ghaus, Vice President of TechNavio Research.
“Moreover, the rising demand from the automotive industry is expected to propel growth in the Global Aluminum Die-casting market.
To define the market conditions in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3E%C2%A0%3C/p%3E%3Cp%3EIf%20you%20are%20in…
