High-pressure die-casting is a precision casting process that utilizes high pressure to forcefully melt metal into complex-shaped metal molds. High-pressure die-casting can quickly and economically produce castings, which can be composed of various holes, threads, and notches, and have advantages such as high dimensional accuracy and good surface smoothness.

Early die castings were made of low melting point alloys such as lead, tin, and antimony, but as structural materials for mechanical manufacturing, these alloys were not ideal. With the increasing demand for structural components, most of them have now been replaced.

Overview of Market Development and Analysis of Segmented Markets

According to our research data, the global high-pressure die-casting market size reached $13.74 billion in 2023. In the coming years, with the rapid development of industries such as automobiles, hardware, and mechanical electronics, the high-pressure die-casting market will continue to expand. It is expected that the global high-pressure die-casting market size will increase to $15.36 billion by 2025.

At present, the metal raw materials used for pressure casting are different. High-pressure die-casting can be divided into categories such as aluminum die-casting, magnesium die-casting, and zinc die-casting. Among them, aluminum die-casting accounts for the highest proportion. Aluminum alloy is lightweight, has strong wear resistance, high mechanical strength, good heat transfer, and conductivity, and can withstand high temperatures. It is widely used in heavier and larger accessories such as automobiles, communication infrastructure, and buildings. Data shows that in 2023, the global aluminum die-casting segment market achieved a size of $10.59 billion and a market share of 77.05%.

Source: www.globalmarketmonitor.com

Analysis of Market Development in Major Regions/Countries

From a regional perspective, research shows that North America is the industry's largest revenue market. The revenue scale of the North American high-pressure die-casting market in 2023 was $3771 million, with a market share of 27.44%. From a national perspective, China was the largest revenue-generating country in the global high-pressure die-casting industry. In 2023, the revenue of China's high-pressure die-casting market was $3726 million, which will account for 27.11% of the global market share.

Global High-Pressure Die-Casting (HPDC) Market Size and Share by Region/Country in 2023

Regions/Countries	Market Size (Million USD)	Share
North America	3771	27.44%
Europe	2362	17.19%
China	3726	27.11%
Japan	1061	7.72%
India	935	6.80%
South America	734	5.34%
Middle East & Africa	396	2.88%

Source: www.globalmarketmonitor.com