기가캐스팅 시장 규모, 점유율, 성장 분석, 용도별, 소재별, 차량 유형별, 프레스톤수별, 지역별 - 산업 예측(2025-2032년)

Global Gigacasting Market size was valued at USD 2.8 billion in 2023 and is poised to grow from USD 3.09 billion in 2024 to USD 6.71 billion by 2032, growing at a CAGR of 10.2% during the forecast period (2025-2032).

The global gigacasting market is witnessing robust expansion, propelled by a heightened emphasis on cost efficiency and sustainability in manufacturing. Vehicle manufacturers increasingly favor gigacasting for its ability to consolidate production, enabling the creation of heavy structural components in a single process. This innovation simplifies assembly by reducing the need for numerous parts and welding operations. Automotive original equipment manufacturers are under pressure to adopt gigacasting, enhancing supply chain efficiency and production throughput. Technological advancements, including high-tonnage die-casting machines and improvements in thermal management, mold design, and alloy compositions, are driving demand. Enhanced automation in mold handling and lubrication systems has significantly increased machine durability and operational efficiency, while advanced simulation software streamlines casting parameters, leading to superior part quality and faster cycle times.

Top-down and bottom-up approaches were used to estimate and validate the size of the Global Gigacasting market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Global Gigacasting Market Segments Analysis

Global Gigacasting Market is segmented by Application, Material, Vehicle Type, Press Tonnage and region. Based on Application, the market is segmented into Body Assemblies, Under-body/Battery Housings, Engine and e-Drive Parts, Transmission and Driveline Parts and Others. Based on Material, the market is segmented into Aluminum Alloys, Magnesium Alloys, Advanced High-Strength Steel (AHSS) Castings and Other Non-ferrous Alloys. Based on Vehicle Type, the market is segmented into Passenger Cars, Light Commercial Vehicles and Medium & Heavy Commercial Vehicles. Based on Press Tonnage, the market is segmented into 6,000 to 8,000 t, 8 001 to 10 000 t and Above 10,000 t. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Driver of the Global Gigacasting Market

A key market driver for the Global Gigacasting Market is the growing demand for efficient and cost-effective manufacturing processes in the automotive sector. As electric vehicle (EV) adoption surges, automakers are increasingly turning to gigacasting technology to streamline production by consolidating multiple components into a single, large casting. This innovation not only reduces assembly time and production costs but also enhances structural integrity and performance of vehicle components. Additionally, the potential for reduced material waste and energy consumption aligns with sustainability goals, making gigacasting an attractive solution for manufacturers seeking to enhance competitiveness and meet evolving consumer preferences.

Restraints in the Global Gigacasting Market

One of the key market restraints for the global gigacasting market is the high initial investment required for advanced casting technologies and equipment. Many manufacturers face challenges in allocating the necessary capital for the development and implementation of gigacasting processes, which may deter smaller firms from entering the market. Additionally, the complexity and precision required in gigacasting can lead to increased operational costs, further straining budgets. This financial burden may hinder innovation and limit market growth, as companies may opt for traditional manufacturing methods that, while less efficient, require lower investments and thus may remain more appealing in a competitive landscape.

Market Trends of the Global Gigacasting Market

The global gigacasting market is witnessing a significant trend toward the integration of gigacasting technology in electric vehicle (EV) manufacturing. Automakers are increasingly leveraging aluminum casting processes to merge multiple components into single, lightweight structures, enhancing overall vehicle efficiency and performance. This innovation not only streamlines production by minimizing assembly complexity but also aligns with the rising demand for more energy-efficient and lightweight EV platforms. As manufacturers seek effective solutions for mass production, gigacasting emerges as a key enabler for optimizing costs and accelerating the transition to sustainable transportation solutions, thereby reshaping the automotive landscape.

Table of Contents

Introduction

• Objectives of the Study
• Scope of the Report
• Definitions

Research Methodology

• Information Procurement
• Secondary & Primary Data Methods
• Market Size Estimation
• Market Assumptions & Limitations

Executive Summary

• Global Market Outlook
• Supply & Demand Trend Analysis
• Segmental Opportunity Analysis

Market Dynamics & Outlook

• Market Overview
• Market Size
• Market Dynamics
  • Drivers & Opportunities
  • Restraints & Challenges
• Porters Analysis
  • Competitive rivalry
  • Threat of substitute
  • Bargaining power of buyers
  • Threat of new entrants
  • Bargaining power of suppliers

Key Market Insights

• Key Success Factors
• Degree of Competition
• Top Investment Pockets
• Market Ecosystem
• Market Attractiveness Index, 2024
• PESTEL Analysis
• Macro-Economic Indicators
• Value Chain Analysis
• Pricing Analysis

Global Gigacasting Market Size by Application & CAGR (2025-2032)

• Market Overview
• Body Assemblies
• Under-body/Battery Housings
• Engine and e-Drive Parts
• Transmission and Driveline Parts
• Others

Global Gigacasting Market Size by Material & CAGR (2025-2032)

• Market Overview
• Aluminum Alloys
• Magnesium Alloys
• Advanced High-Strength Steel (AHSS) Castings
• Other Non-ferrous Alloys

Global Gigacasting Market Size by Vehicle Type & CAGR (2025-2032)

• Market Overview
• Passenger Cars
• Light Commercial Vehicles
• Medium & Heavy Commercial Vehicles

Global Gigacasting Market Size by Press Tonnage & CAGR (2025-2032)

• Market Overview
• 6,000 to 8,000 t
• 8 001 to 10 000 t
• Above 10,000 t

Global Gigacasting Market Size & CAGR (2025-2032)

• North America (Application, Material, Vehicle Type, Press Tonnage)
  • US
  • Canada
• Europe (Application, Material, Vehicle Type, Press Tonnage)
  • Germany
  • Spain
  • France
  • UK
  • Italy
  • Rest of Europe
• Asia Pacific (Application, Material, Vehicle Type, Press Tonnage)
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Latin America (Application, Material, Vehicle Type, Press Tonnage)
  • Brazil
  • Rest of Latin America
• Middle East & Africa (Application, Material, Vehicle Type, Press Tonnage)
  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa

Competitive Intelligence

• Top 5 Player Comparison
• Market Positioning of Key Players, 2024
• Strategies Adopted by Key Market Players
• Recent Developments in the Market
• Company Market Share Analysis, 2024
• Company Profiles of All Key Players
  • Company Details
  • Product Portfolio Analysis
  • Company's Segmental Share Analysis
  • Revenue Y-O-Y Comparison (2022-2024)

Key Company Profiles

• Tesla (United States)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• IDRA Group (Italy)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• L.K. Technology Holdings Ltd. (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Buhler Group (Switzerland)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Toyota Group (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Volkswagen Group (Germany)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Hyundai Motor Company (South Korea)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Volvo Cars (Sweden)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• NIO (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• XPENG (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Mercedes-Benz Group (Germany)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• General Motors (United States)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Ningbo Haitian Precision Machinery Co., Ltd. (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Yizumi Holdings Co., Ltd. (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• UBE Machinery Corporation Ltd. (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Shibaura Machine CO., LTD. (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Handtmann Holding GmbH & Co.KG. (Germany)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Linamar Corporation (Canada)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Chuzhou Duoli Automotive Technology (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Xiaomi (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments

Conclusion & Recommendations