Global Automotive Metal Stamping Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027
MarketResearch.biz delivers in-depth insights on the global automotive metal stamping market in its upcoming report titled, “Global Automotive Metal Stamping Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027”. The global automotive metal stamping market is estimated to register a CAGR of X.X% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The automotive metal stamping market report has been segmented on the basis of technology, vehicle type, and region.
This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.
Metal stamping is a process that uses dies to transform metal sheets into different shapes. Metal stamping machines cast, cut, punch, and shape metal sheets. Furthermore, there is two type of stamping presses mechanical and hydraulic.
On the basis of technology, bending segment is estimated to hold major revenue share in the global automotive metal stamping market and is expected to maintain its dominance over the forecast period. Bent parts are utilized in several applications such as indoor hinges, wheels, and engine assembly. Moreover, bending is cost-effective when used for low quantities. Growing demand for spare parts is expected to drive segment growth over the forecast period.
On the basis of vehicle type, passenger cars segment is estimated to hold major revenue share in the global automotive metal stamping market on account of growing production for passenger vehicles in developing and developed economies, which is expected to boost the segment growth over the forecast period. The increasing demand for automobiles in developing economies can be attributed due to the increasing working population, rapid industrialization, and growing middle-income level groups.
North America market is estimated to hold major revenue share in the global automotive metal stamping market, in 2017 and is expected to maintain its dominance over the forecast period. Growing demand for automobile in the region owing to increasing purchase power of people is expected to be a major factor driving market growth. North America accounts for largest revenue share contribution of the target market, followed by markets in Europe, Asia Pacific, Latin America, and the Middle East & Africa respectively. Moreover, presence of large number of manufacturers in the region is expected to fuel market growth. Most of the companies in the region are involved in R&D activities to innovate manufacturing process which has led to the use of lightweight metals and use of metal stamped components, which is expected to boost market growth over next ten tears.
Market segmentation and key players operating in the global automotive metal stamping market:
- Others (hemming, stretching, ironing, and drawing)
By vehicle type:
- Passenger vehicles
- Light commercial vehicles
- Heavy commercial vehicles
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2020 Estimated Year 2021 Forecast Period 2021–2030 Revenue in US$
- Acro Metal Stamping
- Lindy Manufacturing Co.
- American Industrial Co.
- Wisconsin Metal Parts, Inc.
- CIE Automotive, S.A.
- Clow Stamping Company
- Kenmode Tool and Engineering, Inc.
- Manor Tool & Manufacturing Company
- Interplex Holdings Pte. Ltd.
- Goshen Stamping Co., Inc.
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