Unternehmen producing die cast products are well positioned to gain market share in the coming years, owing to the low cost and high efficiency of their production methods.  But it is not an easy road to travel; there are five obstacles that businesses must overcome.

1.  The Transition to a Knowledge-Based Economy
Both a challenge and an opportunity, technological transition is upon us.  Even in the die casting industry, digitization is making strides, with the trend toward a networked foundry 4. 0 being followed by other industries.  Several implications flow from this:Foundries can gain a better understanding of their daily production process as a result of the constant flow of data.  These data, when thoroughly analyzed, can aid in the identification of critical steps in the manufacturing process where time or energy is wasted.  Furthermore, by using simulation software instead of a trial-and-error process to design efficient molds, foundries can avoid some time-consuming and resource-intensive steps.  At the end of the day, additive manufacturing can assist in the production of complex tools and molds in a short period of time, or it can be a cost-effective alternative when processing small orders.  Considerable thought and money must be put into selecting the most appropriate technological solution.

Employees, Part II
Another issue is the aging of Europe's workforce.  From the entry-level worker to the chief engineer, the pool of qualified candidates continues to shrink with each new cohort of graduates who enters the labor force.  The way foundries operate will also change as a result of this development.  As a result of digitalization, employees at the production level will be required to interact with computer systems.  Employees must be aware of the data that their equipment is supposed to produce, and they must be able to document their work. . The working day will be dictated less by the heat and more by bits and bytes, but it will continue to be physically demanding work.  In the case of engineers, there will be fewer modifications.  They will most likely be able to find work in the industry in greater numbers, die casting products but it is unclear whether universities will be able to produce enough graduates.  The ability to attract and retain a well-trained and capable workforce will be critical in ensuring that the industry continues to thrive in both Europe and the United States.

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Customer Requirements Are Changing 3.
European foundries serve the automotive industry and its suppliers, which prefers to do business with foundries located close to their own facilities.  The mechanical engineering and household goods industries, on the other hand, continue to be strong in Europe and are significant buyers of cast products.  In the case of automobile manufacturers, significant changes are on the horizon.  In the not-too-distant future, combustion engines will be phased out.  Given their expertise in developing light vehicle components, foundries can be valuable partners in this endeavor.  At the same time, European automakers face the possibility that future cars with less complex engines and gearboxes will be built in other countries using lower-wage labor sources.

Resources are the fourth point to mention.
Casting companies are particularly concerned about issues such as man-made climate change and limited resources.  The foundry industry is far ahead of the curve when it comes to recycling: metal castings can typically be recycled into new castings at the end of their life cycle.  Foundries prevent the waste of valuable resources as a result.  Almost everything is recycled, including the sand.  One of the disadvantages of the industry, die casting mold on the other hand, is the high amount of energy it consumes, which is unavoidable up to a point.  In spite of this, when the pressure of public opinion increases, there is still room for more energy-efficient production.

Trade on a Global Scale 5.
Everything has pointed in the direction of free trade over the past 25 years.  There has never been a time when the global economy was so interconnected.  Protectionism has resurfaced as a result of the shifting political climate.  The trade war between China and the United States has the potential to trigger a recession or at the very least cause significant disruptions in the global supply chain, according to some analysts.  Prices for raw materials, logistics, and finished goods could rise significantly as a result of supply chain disruptions.  Both in purchasing and in sales, it will be necessary to be flexible.