NEW YORK , May 16, 2022 /PRNewswire/ -- Some of the primary growth drivers for the dies and molds market in India include the new opportunities with aluminum metal injection molding, according to a senior analyst at Technavio. The size of the market is expected to grow by USD 1.47 bn from 2020 to 2025.
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Dies and Molds Market in India : Segment Highlights
The dies and molds market in India is segmented by end-user (automotive, construction, electronics, machine tools, and others) and application (casting, forging, and injection molding).
By end-user, the automotive segment will have significant market share growth during the forecast period.
The growing demand for and the availability of expertise and the potential market will lead to an increase in local manufacturing activities related to the automotive industry, thereby driving the demand for the production of various components necessary for the automotive sector. This, in turn, will drive the dies and molds market in India .
Dies and Molds Market in India : Key Vendor Offerings
Alfa Plast Mould - The company offers a wide variety of professional plastic molds, including precision plastic Injection mold, plastic Blow mold with D flashing unit, compression molds, plastic hot runner system mold, fully automatic injection molds, transfer molds, plastic injection molded components.
Classic Die Tools - The company offers molds with high-quality raw materials, high-quality other standard parts, and ultra-modern technology in compliance with set industry norms.
DIETECH INDIA (P) Ltd. - The company offers low pressure die casting (LPDC), gravity die casting (GDC), and over 3600 high pressure die casting (HPDC) for aluminum components for all major OEM and Tier I customers.
Godrej & Boyce Manufacturing Co. Ltd. - The company offers standard parts die sets, including cast iron, steel, and aluminum die sets, die set press units, lamination die set units, and tooling pallet units.
Greatoo Intelligent Equipment Inc. - The company offers high-quality tooling that caters to a broad cross-section of players across industries. These include industrial machines, pressure dies, casting dies, press dies, die casting dies, thermo compression molds, complex and large sheet metal tooling for auto panels, and progressive dies.
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The dies and molds market size in India is expected to accelerate at a CAGR of 9% during the forecast period.
The market is fragmented due to the presence of many established vendors holding significant market share.
The year-over-year growth rate of the dies and molds market in India was 7.89% in 2021.
The research report offers information on several market vendors, including Alfa Plast Mould, Classic Die Tools, DIETECH INDIA (P) Ltd., Godrej & Boyce Manufacturing Co. Ltd., Greatoo Intelligent Equipment Inc., Hindustan Die Castings, JPM Group, LÄPPLE AG, NAGATA AUTO PARTS Co. Ltd., and Sankalp Engineering & Services Pvt. Ltd.
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Dies And Molds Market In India Scope
Accelerate at a CAGR of 9%
Leading companies, competitive strategies, consumer engagement scope
Alfa Plast Mould, Classic Die Tools, DIETECH INDIA (P) Ltd., Godrej & Boyce Manufacturing Co. Ltd., Greatoo Intelligent Equipment Inc., Hindustan Die Castings, JPM Group, LÄPPLE AG, NAGATA AUTO PARTS Co. Ltd., and Sankalp Engineering & Services Pvt. Ltd.
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
Market outlook: Forecast for 2020 - 2025
Casting - Market size and forecast 2020-2025
Forging - Market size and forecast 2020-2025
Injection Molding - Market size and forecast 2020-2025
Automotive - Market size and forecast 2020-2025
Construction - Market size and forecast 2020-2025
Electronics - Market size and forecast 2020-2025
Machine tools - Market size and forecast 2020-2025
Others - Market size and forecast 2020-2025
Godrej & Boyce Manufacturing Co. Ltd.
NAGATA AUTO PARTS Co. Ltd.
Sankalp Engineering & Services Pvt. Ltd.
Currency conversion rates for US$
About Us Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: media@technavio.com Website: www.technavio.com/
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