Global Automotive Mold Markets, 2018 & 2019-2024 - Emergence of Lightweight Trend & Focus on Market for Auto Engine Peripherals

DUBLIN, Oct. 22, 2019 /PRNewswire/ -- The "Automotive Mold Market - Global Outlook and Forecast 2019-2024" report has been added to ResearchAndMarkets.com's offering.

The global automotive mold market is expected to grow at a CAGR of over 7% during the forecast period 2018-2024.

The global automotive mold industry is set to witness the launch of virtual molding via enhanced digital software. The introduction of new energy vehicles (electric ones) in the automobile market is one of the key growth opportunity for automotive mold manufacturers. A significant factor driving the mold demand in new energy vehicles is the high degree of lightweight hot-pressing parts adoption. There have been significant developments in the new energy vehicles segment. Backed by favorable government initiatives, the the new energy vehicle market is expected to witness growth in the coming years.

Automotive Mold Market: Segmentation

This research report includes detailed market segmentation by technology, application, vehicle type, and geography. Casting molds have witnessed a steady growth in the market as this technology offers consistent part quality, decreases the tooling cost, and offers excellent part-to-part repeatability. These factors are expected to drive the growth of the casting mold segment.

Further, the growing innovation is encouraging vendors to enhance die-casting mold offerings. Compression molds are increasingly finding their application in cockpits, air outlet grilles, and mirror shells. Hydroforming mold and forging mold are in demand due to the growing demand for lightweight components in the automotive industry.

The exterior parts segment dominated the global automotive mold market in 2018. Exterior parts are widely molded worldwide in the automotive market as they are crucial for the vehicle's outer body. The segment is expected to grow due to the increased demand for exterior parts from emerging markets. The rise in demand for strong vehicles and durability is expected to drive the interior parts market during the forecast period.

The passenger cars segment dominates the automotive mold market for vehicle type category. The consistent demand for molds and persistent, innovative offerings by automakers is the major driver for the considerable demand for passenger cars. The demand for light commercial vehicles has remained a substantial factor in the global automotive mold market.

Key Topics Covered:

1 Research Methodology

2 Research Objectives

3 Research Process

4 Scope & Coverage
4.1 Market Definition
4.2 Base Year
4.3 Scope of the study
4.4 Market Segments

5 Report Assumptions & Caveats
5.1 Key Caveats
5.2 Currency Conversion
5.3 Market Derivation

6 Market at a Glance

7 Introduction
7.1 Overview

8 Market Dynamics
8.1 Market Growth Enablers
8.1.1 Software Integration in Mold Production
8.1.2 Rising Brand Competitiveness
8.1.3 Transformation in Vehicle Ownership
8.1.4 Strategic Partnerships & Substantial Trade Shows
8.2 Market Growth Restraints
8.2.1 Prevalence of Stringent Emission Regulations
8.2.2 High Costs Across Key Markets
8.2.3 Regulatory & Political Uncertainties
8.3 Market Opportunities & Trends
8.3.1 Advent of New Energy Vehicles
8.3.2 Leveraging Virtual Molding
8.3.3 Emergence of Lightweight Trend
8.3.4 Focus on Market for Auto Engine Peripherals

9 Value Chain Analysis
9.1 Overview
9.2 Value Chain Analysis
9.2.1 Machine/Components Suppliers
9.2.2 Mold Manufacturers
9.2.3 Mold Contract Manufacturers
9.2.4 Tier-1 Suppliers
9.2.5 OEMs

10 Market Landscape
10.1 Market Overview
10.2 Global Automotive Mold Market
10.2.1 Market Size & Forecast
10.2.2 Increasing Fuel Economy by Electrification of Mechanics
10.2.3 Autonomous Parking Systems
10.2.4 Initiatives by Government & Transport Authorities in Safety
10.3 Five Forces Analysis

11 By Technology
11.1 Market Snapshot & Growth Engine
11.2 Market Overview
11.3 Casting Mold
11.4 Injection Mold
11.5 Compression Mold
11.6 Others

12 By Application Type
12.1 Market Snapshot & Growth Engine
12.2 Market Overview
12.3 Exterior Parts
12.4 Interior Parts

13 By Vehicle Type
13.1 Market Snapshot & Growth Engine
13.2 Market Overview
13.3 Passenger Cars
13.4 Light Commercial Vehicles
13.5 Heavy Trucks

Competitive Landscape

Competition Overview

Key Company Profiles

• Gud Mould Industry Co
• JC Mould
• JMT Mould
• Shinelong Automotive Lightweight Application

Other Prominent Vendors

• Alpine Mold
• Amtek Plastics UK
• Bluestar Technology Group Co
• Chief Mold USA
• COBA Automotive
• ECKERLE
• Flight Mold and Engineering
• Gemini Group
• HANGUK MOLD CO
• Hi-Mark
• HONGYI JIG
• HQ Mould
• Kanou Precision Auto Industry Co
• KTX-Mold Korea Co
• MGS Technical Plastics
• National Molding
• PTI Engineered Plastics
• RJC Mold
• Schneider Form
• Shenzhen Tec-shine Technology Co
• SINO MOULD
• SSI Moulds
• Tensho
• Thaimanee Craft Co
• Trident Components

For more information about this report visit https://www.researchandmarkets.com/r/dqswf6

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