San Jose, California (PRWEB) 7 May 2012

Follow us on LinkedIn Although industrial castings was hit by the recessionary pressures experienced market, the market is a gradual change in the demand for 2010, which comes mainly from the automotive industry, the largest retail market. Currently, the market is increasingly competitive industrial castings and end-users, focusing largely on castings and high quality at affordable prices. Increased demand for iron castings and nonferrous metals are strong and lightweight.

While some segments of these industries produce or declining, others seem to develop into a new one. For example, cast iron segment matured and is more susceptible to exploitation by low-cost foreign manufacturers, because the low value added products for sale. Similarly, the market for die castings are also facing tough competition due to their replacement by non-castings. In many end-user applications, plastics have replaced cast iron. Iron pipe connection quickly gave way to plastic pipe. In the area of ​​the pipe, plastic and Wrought copper alloy is used as a substitute for brass and bronze castings. Compared to metal casting, growing non-ferrous metals casting segment is at a faster pace. This growth is due to new manufacturing processes and technology in the production of high quality products that continue to exploit new markets. Rollers are able to meet the requirements of the more complex structural assemblies and replace with higher performance castings.

innovative applications are expected to fuel the demand for castings in the coming years. The concern for the environment is the growing need for energy saving applications, should be a major growth propeller. In addition, the increased activity in construction and engineering sectors are expected to bode well for the future growth prospects in the long run. New developments and increased spending on missiles and military aircraft, promotes the growth of metal castings in the aerospace market. On the other hand, increase technological developments in wireless devices and computers, the demand for castings in electronic packaging, mobile phones, medical electronics, medical devices, and video gaming segments. Against this background, the producers saw it was important that the products are in accordance with design specifications set remain competitive in the market.

Asia-Pacific is the largest and fastest growing market worldwide, as stated by the new market research report on the industrial castings. The pace of industrialization and development in the region such as China, India and Korea are the main drivers of demand for industrial castings in the region. Mainland China and Southeast Asian countries is fast becoming a new center for the manufacture of industrial castings. These countries represent a competitive advantage compared to European countries in terms of low mass production of cast metal. In these countries, small and medium-sized enterprises are expected foundry, to maintain a competitive niche for small quantities with high precision and complex dimensions. Europe and the United States is the next largest consumer of industrial castings.

In terms of size, clearly dominate the market casting iron casting industry. In this group, the demand for iron casting ductile iron is expected to precede the gray long-term. The most promising growth as a whole, but it is from the segment, Aluminium Castings, part of the non-ferrous castings product that is expected to grow at the highest CAGR over the analysis period, is expected mainly to the replacement of cast iron in the automotive industry with non-ferrous castings like aluminum.

major players profiled in the report include Bradken – Engineered Products, Inc. ESCO Corporation, GIW Industries, Intercast and Forge Pty Ltd., Kubota Corp., Precision Metal Forging Inc., Ryobi Ltd., Wyman-Gordon Company, among others

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The research report titled

casting industry was published A Global Strategic Business Report Global Industry Analysts Inc., provides a comprehensive review of industrial castings market, key market trends, product overview, end-use markets, product innovations, new industrial activity, and profiles market participants worldwide. The study analyzes market data and analysis covering the period 2009-2017 in terms of volume demand for the region, including the United States, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America and the Middle East through the following segments – cast iron (cast gray iron, ductile iron, malleable iron and cast steel) and non-ferrous Castings (Aluminum Castings, castings of copper, magnesium castings and other non-ferrous castings). In addition, six years (2003-2008) historic analysis is provided for additional perspective available.

For further details on comprehensive market study, please visit

http://www.strategyr.com/Industrial_Castings_Market_Report.asp

About Global Industry Analysts, Inc.

Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Each year, the GIA published more than 1300 full-scale research reports and analyzes 40,000 + market and technology trends, while monitoring more than 126 000 companies from around the world. For more than 9,500 clients in 27 countries, GIA is considered one of the largest and most famous market research.

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Phone: 408-528-9966

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E-mail: press (at) StrategyR (dot) com

Web Site: http://www.StrategyR.com/

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London, UK (PRWeb UK) 16 April 2012

In the last three years, BearingPoint has a poll to test how effective the major car brands, carried out a test drive to respond on-line request. The results make depressing reading for the automotive industry.

survey years showed that the brand does not increase their lead management process, so that was 59 percent of the missed test drive requests within four days and 50 percent not at all (there is no response within 14 days of the survey) contacted. These disappointing results are comparable with results from the previous year. This survey gives the brand (which allow for comparison between the results of the previous year.) Up to 14 days, the consumer expectations are much higher with Internet buyers have the same or next day response from another industry.

If you look at the increasing importance of digital channels in the sales cycle, and the average of three to four drives on the sale of test results, it is very unfortunate that the automotive industry do not address these weaknesses in their lead management process, says James Rodger, Automotive Partner at BearingPoint.

in December 2011 survey repeated their comprehensive response to the question of brand car sales online. This suggests that, despite a fragile economic recovery, there is still a universal failure to act on the request for a test drive online. This raises the question of the ability of manufacturers to maintain or increase their market share against a backdrop of weak demand in European markets and increased customer expectations in terms of the response of the brand.

pan-European survey covered 19 brands in six countries and the researchers involved in trying to create more than 2,200 requests a test drive on the site of car. The survey included both traditional and emerging high volume and the right brands across the price spectrum.

James Rodger concludes: a consistent message from this survey during the last three years is that all manufacturers, either trademarks or premium volume, loss of opportunity to change the lines generated by their Web sites. Address as digital channels have become, for many, an integral part of the process of purchasing the automobile industry has these problems and based on our research, there must be a first-mover advantage to be there. Manufacturers need to take a more holistic approach to management-system hugs, processes and channels that lead to ensure the best and most efficient experience for prospective car buyers.

BearingPoint provides business and technology management capabilities. As an independent company with European roots and global reach BearingPoint serves leading companies and public sector organizations worldwide to align and optimize processes and IT operations with business strategy models. Powered by a strong entrepreneurial mindset and the desire to create long-term partnership, BearingPoint’s consultants committed to delivering excellence and value for their customers. Corporate communication strategy for dealing with clients is collaborative and designed to improve business performance, from strategy to execution. BearingPoint employs 3,200 people in 15 countries.

For more information, please visit:. http://www.bearingpoint.com

Press Contact

Alexander Bock

Communications Manager

Tel +49 89 540338029

mailto: Alexander (dot) support (at) BearingPoint (dot) com

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