Die Casting Machines Market Size

Die Casting Machines Market size was valued at USD 3.29 billion in 2024 and is set to reach USD 7.19 billion by the end of 2037, registering around 6.2% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of die casting machines is assessed at USD 3.45 billion.

This growth of the market is projected to be dominated by growing demand for lightweight vehicles. For instance, the United States automotive industry sold over 12 million light vehicle units in 2022. Approximately 3 million passenger automobiles and about 9 million light trucks were sold at retail. As a result, the demand for die casting machines is also surging.

The automotive industry is characterized by fierce rivalry, which is fueled by the need to lower emissions and increase fuel efficiency. Given the unprecedented number of vehicles on the road, it is now essential to reduce weight in order to save fuel and cut CO2 emissions. Die casting is a solution that manufacturers have discovered to satisfy the demands of the automotive sector. Hence, the market revenue for die-casting machines is estimated to rise.