Strong resolve: Revenue is set to grow, despite the pressure of leaving the European Union

Light metals, such as aluminium, titanium and magnesium, have a low atomic weight compared to other metals. They are cast into components for many engineered products, including automotive and aerospace parts. As a result, the industry's largest downstream markets are motor vehicle manufacturers and aerospace manufacturers. The industry has a moderate level of concentration, with just three firms having market shares greater than 10%, together combining to represent 47.6%. These companies are Montupet (UK) Ltd, Ryobi Aluminium Castings (UK) Ltd and Howmet Ltd.The Motor Vehicle Manufacturing industry (IBISWorld report C29.100) has grown over the past five years. This has been largely a result of increasing export volumes to developing more.

Industry Statistics & Market Size
Annual Growth 14-19
Forecast Growth 19-24

Industry Threats & Opportunities

  • Demand for motor vehicles and aircraft fittings is forecast to rise over the next five years
  • Aircraft production has been resilient, ensuring a steady stream of demand for industry products
  • Demand from military aircraft production could rise depending on present political pressures
  • Industry Report - Industry SWOT Analysis Chapter

    The Light Metal Casting industry in the mature phase of its life cycle. Industry value added (IVA), which measures industry contribution to the wider economy, is forecast to contract at a compound annual rate of 1% over the 10 years through 2023-24. Although this would suggest that the industry is declining, when compared to GDP, which is anticipated to rise at a compound annual rate of 1.7% over the same period, this overall figure masks significant volatility. Consequently, the industry is expected to be in the mature phase of its life cycle. This is further supported by a moderate expected rise in enterprise and establishment numbers.Light metal castings are well-established products, having been on the market for some time, which is also an indicator of industry maturity. Inc...purchase to read more.

    Additional Insights for the Light Metal Casting Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Light Metal Casting Industry are

  • Optimum capacity utilisation
  • Having a good reputation
  • Ability to pass on cost increases
  • IBISWorld analysts also discuss how external factors such as Demand from aircraft, engine and parts manufacturing and Demand from motor vehicle manufacturing in the Light Metal Casting industry impact industry performance..

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    What's in this report

    What is the Light Metal Casting Industry?

    The industry consists of companies that cast light metals, such as aluminium, magnesium and titanium.

    Industry Products
  • Automotive components
  • Aerospace components
  • Industry Activities
  • Casting light metals
  • Casting semi-finished products
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Demand from aircraft, engine and parts manufacturing
  • Demand from motor vehicle manufacturing
  • Demand from aircraft repair, maintenance and overhaul
  • Industrial production index

  • Current Performance
  • Automotive demand
  • On cloud nine
  • Manufacturing volatility
  • Competition

    and profit

  • Chart: Revenue Growth

  • Industry Outlook
  • Foreign competition
  • High flying
  • Trends in trade
  • Downstream markets
  • Profit performance
  • Table: Light Metal Casting Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Light Metal Casting Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Engine & Turbine Manufacturing
  • Motor Vehicle Manufacturing
  • Aircraft, Engine & Parts Manufacturing

  • Key Selling Industries
  • Aluminium Production
  • Other Non-Ferrous Metal Production

  • Products & Services
  • Automotive components
  • Other
  • Aerospace components
  • Chart: Light Metal Casting Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Automotive manufacturers
  • Other markets
  • Aerospace manufacturers
  • Chart: Major Market Segmentation for the Light Metal Casting Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitPurchasesWagesUtilitiesOther costs
  • Chart: Cost Structure Benchmarking – Sector vs Light Metal Casting

  • Basis of Competition
    Internal competitionExternal competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Light Metal Casting Industry

  • Industry Globalization
    Howmet Ltd, Montupet (UK) Ltd, Ryobi Aluminium Castings (UK) Ltd, JVM Castings Ltd, Meridian Lightweight Technologies UK Ltd,
  • Table: Howmet Ltd - financial performance
  • Table: Montupet (UK) Ltd - financial performance
  • Table: Ryobi Aluminium Castings (UK) Ltd - financial performance
  • Table: JVM Castings Ltd - financial performance
  • Table: Meridian Lightweight Technologies UK Ltd - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Light Metal Casting Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Light Metal Casting Industry
  • Industry Revenue (2010-2024)
  • Industry Gross Product (2010-2024)
  • Establishments (2010-2024)
  • Businesses (2010-2024)
  • Employment (2010-2024)
  • Wages (2010-2024)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
  • A metal made by combining two or more metallic elements.
  • Die-Casting
  • A casting process whereby molten metal is forced into a metal mould under high pressure. Die-casting is cost-effective for high-volume runs.
  • Investment Casting
  • An industrial process based on lost-wax casting. The process is used to make precision parts that may not need further machining.
  • Light Metal
  • Metals such as aluminium, magnesium and titanium, which have a low atomic weight and density.
  • Nato
  • The North Atlantic Treaty Organisation.
  • Sand Casting
  • A metal casting process that uses sand as the mould material.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Light Metal Casting market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Light Metal Casting:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Light Metal Casting market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Light Metal Casting, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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