Report Format: PDF
Published Date: Dec-2018 | 150 Pages | Report ID: VSR00244
The Global Automotive Metal Stamping Market Size was valued nearly USD 71.48 billion by 2015 and is estimated to reach up to USD xx.xx billion by 2025. According to latest study conducted by our analysts and industry experts, the global market is expected to grow at a CAGR of 4.2% during the forecast period, i.e. 2017-2025. Metal stamping is use to transform flat metal sheets into crave shape. Also, used for manufacturing parts of large machinery as well as for producing household items like pots and pans. It includes five major processes such as blanking, embossing, bending, coining and flanging .it is used in various sectors like automotive, agricultural machinery, aerospace. Automobile sector held largest market share in this industry. The automotive metal stamping industry is identified by technological innovations, contraction in manufacturing costs and improved quality.
Global Automotive Metal Stamping Market Growth Opportunities (Revenue, Growth) By 2017-2025
The metal working process is endorsed in manufacturing industries engaged in processing of seasoned surfaces such as sheet metal and plastics components. Stamping process forms the base of all the building process in automotive industry as more than 70% of the components that make up a vehicle is produced by stamping. Both the interior structural components and the exterior build components are produced by this process.
This global market study analysis is offers in-depth insights, revenue details, and other vital information regarding the global automotive metal stamping market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. 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 global automotive metal stamping market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.
Market Dynamics:
In 2015 the global automotive metal stamping market size was valued at USD 71.48 billion. The automotive metal stamping industry is majorly biased to utilization trends of metal in all end-use segments. The use of lightweight metals such as aluminium to boost the fuel efficiency of the vehicle is anticipated to accelerate the demand for stamping technology in the automotive industry.
Major aspects propulsive the industry compasses machining competence of manufacturers and sparse manufacturing methods used to curtail wastage during the stamping process. These aspects are essential to improve operational adaptability thereby diminishing operating costs. As a result, automotive metal stamping companies are investing axiomatically in research and development projects.
Technological innovations with upgraded stamping processes have seen huge growth in the use of the technology in the automotive industry. Moreover, regulatory policies are planned at improving working conditions & safety standards, waste disposal, and materials usage which is anticipated to accelerate the growth of market & existing strategies of companies operating in the automotive industry.
Market Segmentation:
Increasing number of end consumers’ demand and growing insubstantial income are projected to fuel the automotive metal stamping market growth in over the forecast period. Increasing use of metal parts in cars and other vehicles has afflicted the market growth emphatically.
The global vehicle production rose from 91.9 million vehicles to 96.3 million recording a growth of 4.8% from 2015 to 2016. Increasing consumer disposable income is projected to key reason for the demand for vehicles across the globe. The use of metals over fibre composites due to low cost and high endurance offered is anticipated to fuel emblem market growth.
The increasing demand for metal composing in commercial vehicles is growing as these vehicles require dependable parts due to their multiple end-uses. Metal stamped parts gives maximum strength and endurance to the vehicle on account of which their application is widely favoured by the commercial vehicle manufactures integrates market growth Asia Pacific is a large-scale manufacturer and major leading exporter of vehicles, the global market is anticipated to spectator high growth, driving metal stamping market.
Regional Analysis:
Automotive metal stamping market, Asia Pacific has the largest market share in terms of revenue China is one of the largest automotive metals stamping market in the Asia Pacific region for which Asia Pacific is the preeminent market of automotive metal stamping market globally, by the virtue of China is the largest producer of metals such as aluminium, steel and iron, which are the considerable metals used for metal stamping in the automotive sector. Moreover, China is the largest manufacturer of automobiles accordingly; metal stamping finds boundless application in automobile manufacturing companies.
Global Automotive Metal Stamping Market Size, Share Analysis By Region 2017
Europe, Germany is the most compelling market and the largest patron to the automotive metal stamping market in the region by the virtue of the presence of major automobile manufacturers in Germany. In North America, the U.S. held the largest market for automotive metal stamping.
U.S. is the second largest manufacturer of automobiles globally. The growth rate of automotive metal stamping market in Latin America, and Middle East and Africa is low considering the less production and usage of vehicles in the introductory regions. However, investments in automobile companies of Latin America and Middle East and Africa due to this the market for automotive metal stamping will accelerate the market in the coming years.
Key Player:
The major players operating in the global metal stamping market are Magna International Inc., Alcoa Corporation, American Axle & Manufacturing Holdings, Inc., Interplex Holdings Pte. Ltd., Acro Metal Stamping Co., Tempco Manufacturing Company Inc., D&H Industries, Inc., American Industrial Company, Manor Tool & Manufacturing Company, Kenmode Precision Metal Stamping, Klesk Metal Stamping Co., Aro Metal Stamping Company, Inc., Goshen Stamping, LLC., Sertec Group Ltd., KOBAKIN (J) CO.,LTD., Harvey Vogel Manufacturing Co., Dongguan Shiyunjia Hardware Co., and Clow Stamping Company among many others.
Global Automotive Metal Stamping Market Study Report Offer You!
The global market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.
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