Scale Status and Development Prospect of Integrated Die Casting Industry in 2024

#2024 integrated die casting industry scale status and development prospects

## Introduction

With the vigorous development of the new energy automobile industry, integrated die casting technology, as an important driver of lightweight and efficient production of automobiles, is gradually becoming the focus of the industry. In 2024, the integrated die-casting industry will show strong growth momentum and broad development prospects under the combined effect of technological innovation, market demand and policy support. This paper will analyze the integrated die casting industry in 2024 from the aspects of industrial scale, technology development trend, market demand change and future prospect.

## Current situation of 1. industry scale

### Market Scale Continues to Expand

In recent years, the integrated die casting technology has been widely used in the field of automobile manufacturing, especially in the field of new energy vehicles, and its advantages of lightweight and high efficiency have been fully demonstrated. According to industry data, the market size of China's die casting machine industry in 2023 is close to 20 billion yuan, with a compound annual growth rate of 15.87. With the continuous expansion of the new energy vehicle market, the market demand for integrated die casting technology continues to grow, and the market size is expected to further expand in 2024, becoming an important growth point for the die casting industry.

### The industrial chain is gradually improved

The integrated die casting industry chain covers raw material supply, equipment manufacturing, die casting production and downstream applications. Upstream raw materials mainly include aluminum, zinc, magnesium, copper and other metal materials, as well as mold steel, coating materials, heat treatment materials, etc.; midstream is the production and manufacturing link of die casting machines; downstream is widely used in automobiles, home appliances, 3C, electromechanical, Building materials and other industries. Among them, automobiles and motorcycles are the largest application areas of die casting machines, accounting for up to 65%. With the continuous improvement of the industrial chain, the industrial application level of integrated die casting technology has been continuously improved, laying a solid foundation for industrial development.

##2. technology development trend

### Continuous optimization of process technology

With the advancement of manufacturing technology, the integrated die casting process is constantly optimizing and innovating. The traditional die casting process has gradually developed from a single casting to a comprehensive manufacturing mode integrating casting, cutting, welding and other processes. For example, the use of hot chamber die casting, cold chamber die casting and other technologies can greatly improve the accuracy and surface quality of castings; at the same time, combined with laser cutting, CNC machining and other technologies, to achieve integrated production, improve manufacturing efficiency and product quality. In the future, with the continuous integration of intelligent manufacturing technology, the integrated die casting process will develop in a more intelligent and information-based direction.

### Improvement of Intelligent Level of Equipment

Modern die-casting equipment has achieved automatic loading and unloading, temperature control, process monitoring and other functions, greatly improving production efficiency and product consistency. In addition, some equipment also has intelligent functions such as remote monitoring and fault diagnosis, which is conducive to improving equipment utilization and reducing production costs. In the future, with the development of industrial automation and digitalization, integrated die casting equipment will pay more attention to intelligent upgrading, realize the comprehensive digital management of the production process, and further improve production efficiency and product quality.

##3. market demand changes

### The promotion of new energy vehicle market

The rapid development of new energy vehicles provides a broad market space for integrated die casting technology. With the continuous improvement of the penetration rate of the new energy vehicle market, aluminum alloy and magnesium alloy die castings are favored in the lightweight wave of automobiles by virtue of their lighter weight. The integrated die casting technology can not only effectively reduce the weight of the body and increase the cruising range, but also simplify the body structure and reduce the production cost. Therefore, new energy vehicle manufacturers have increased investment in integrated die casting technology to promote the continuous upgrading of technology and application expansion.

### Lightweight demand growth

As one of the important means of global economic sustainable development, energy conservation and emission reduction has become the consensus of all countries. In the context of "carbon neutrality", lightweight is an important means for the automotive industry to achieve the dual carbon target. In the future, with the continuous development of automotive lightweight technology, the demand for lightweight materials will continue to grow. As one of the important ways to realize the lightweight of automobile, the integrated die casting technology will play a more important role in the field of automobile manufacturing.

##4. Future Outlook

### Market Size Continues to Grow

With the continuous expansion of the new energy vehicle market and the continuous development of lightweight technology, the market demand for integrated die casting technology will continue to grow. It is expected that in the next few years, the integrated die casting industry will maintain a rapid growth trend, and the market scale will be further expanded. At the same time, with the continuous maturity of technology and the continuous advancement of industrial applications, the cost of integrated die casting technology will gradually decrease, and the market competitiveness will be further improved.

### Technological Innovation Leads Industrial Upgrading

Technological innovation is an important driving force to promote the development of integrated die casting industry. In the future, with the continuous development of intelligent manufacturing, new materials and other technologies, the integrated die casting technology will continue to upgrade and improve. For example, through the introduction of advanced intelligent manufacturing technology, the comprehensive digital management of the production process is realized; through the development of new lightweight materials, the performance and quality of die castings are improved. These technological innovations will lead the continuous upgrading and development of the integrated die casting industry.

### Coordinated development of industrial chain

The development of integrated die casting industry is inseparable from the coordinated development of the industrial chain. In the future, upstream and downstream enterprises in the industrial chain will strengthen cooperation and exchanges to jointly promote the industrial application of integrated die casting technology. At the same time, the government will also increase support for the integrated die-casting industry, and promote the healthy development of the industry by introducing relevant policies and providing financial support.

## Conclusion