Simulation-based casting is used to produce cost-effective, reliable, and high-precision components, helping to increase casting yield while reducing shop floor time. By using simulation-based casting, defects and location can be predicted easily compared to conventional casting. Analysis and optimisation of feed ability in the casting process can also be more effective.

Global die casting machinery manufacturers are slowly incorporating various simulation-based software solutions in their offerings to cater to the needs of end-users who require cast parts with exact size, weight, and shape dimensions to be used in the manufacturing process.

A growth driver is the growing market for lightweight vehicles to reduce CO2 emissions. Government regulations on vehicle emission standards have encouraged automotive manufacturers globally to shift their focus to the use of lightweight metals for producing parts of an automobile. The overall trend in the automotive industry is to produce complex cast parts that are light in weight and involve a lower production cost. Lightweight vehicles result in lesser fuel consumption, and therefore, lower carbon emissions. The structural cast parts not only benefit diesel and gasoline vehicles, but also compensate for the increased weight of electric batteries and additional drive elements of electric motors in electric or hybrid vehicles.

Aluminium die casting process, along with forging techniques, is widely used in the aerospace and defence sector. The market is witnessing increasing demand for aluminium and other lightweight alloys over steel for use in the manufacture of aircraft bodies and corresponding parts, as these metals reduce the overall aircraft weight to a large extent.

The report also noted that one challenge that could restrict market growth is the fact that application of die-casting is limited to large-scale production volumes.