Report Id: SNS/AUTO/1071 | May 2022 | Region: Global | 120 Pages
Report Scope & Overview:
Automotive Metal Stamping Market Size was valued at USD 103.53 billion in 2022 and is expected to reach USD 151.80 billion by 2030 and grow at a CAGR of 4.9% over the forecast period 2023-2030.
Metal stamping for automobiles is a method of processing sheet metals and transforming them into various shapes and sizes according to individual requirements and use. Blanking, embossing, bending, coining, and flanging are among the five basic techniques used in sheet metal stamping. A piece of sheet metal is sliced into a blank or a number of blanks during the blanking process. Embossing is the process of stretching materials into shallow depressions to add different decorative patterns. Metal stamping is used in different stages of manufacturing in the automotive sector, including panels, brackets, bonnets, roofs, hangers, and other components, resulting in steady demand in the automotive metal stamping market.
Alloys like titanium, cast aluminum, cast iron, and forged steel are still used extensively in vehicle engines. Furthermore, technological improvements such as the usage of hybrid electromagnetically assisted sheet metal stamping machines, which reduce failures by managing strain distribution during stamping, are likely to boost industry growth.
Rising vehicle production and increased demand for passenger vehicles.
The growing trend toward engine downsizing to improve fuel efficiency and lighter vehicles.
The automotive metal stamping market is expected to be fueled by technological advancements.
The fast expansion of manufacturing industries.
The instrument used in the metal stamping process has a high maintenance cost.
Stamping's growth is anticipated to be hampered by limited pricing flexibility.
The rapidly expanding automobile industry.
Demand for smart cars is rapidly increasing.
Technological advancements and investments in R&D.
The increasing usage of plastics/composites as metal substitutes is posing a new challenge.
The complexity of operations of newly imported equipment is a major challenge.
IMPACT OF COVID-19:
The global automotive sector was impacted by the COVID-19 epidemic. During the pandemic, major vehicle manufacturing industries shut down their production plants, resulting in a drop in vehicle production. The automotive industry is projected to be hampered by major supply chain disruptions, which would have an impact on the automotive metal stamping market.
The automotive metal stamping market is expected to grow significantly due to rising vehicle production and increased demand for passenger vehicles around the world. However, with the growing trend of engine downsizing to improve fuel efficiency and lighter vehicles, light-weight metals like aluminum are likely to be in high demand among automotive metal stamping firms.
KEY MARKET PLAYERS:
Aro Metal Stamping, Alcoa Inc., Kenmode Precision Metal Stamping, Interplex Industries, Martinrea International, Goshen Stamping Company, Shiloh Industries, Inc., Acro Metal Stamping, Lindy Manufacturing, Manor Tool & Manufacturing Company, Tempco Manufacturing, American Industrial Company, Wisconsin Metal Parts, Inc., and Clow Stamping Co. are some of the major players in the industry.
Market, By Technology:
The market is divided into two categories based on the kind of technology: blanking, coining, bending, embossing, flanging, and Others. Bending and blanking procedures led the market in 2020, and they are likely to maintain their dominance during the forecasted period.
Market, By Application:
The market is divided into applications, which are further divided into Passenger cars, Commercial vehicles, and Recreational vehicles. Commercial vehicles will likely expand the most, followed by recreational vehicles and transit.
Market, by Process:
The market is separated into two types of Processes: Roll Forming, Sheet Metal Forming, Hot Stamping, Metal Fabrication, and Others.
Sheet Metal Forming
In terms of revenue, Asia Pacific leads the way, followed by Europe, North America, Latin America, and the Middle East and Africa (MEA). China is the world's largest automobile metal stamping market, and the Asia Pacific region is the world's dominating automotive metal stamping market. This is because China is the world's greatest supplier of metals including aluminum, steel, and iron, which are utilized extensively in the car industry for metal stamping. Because of the presence of major vehicle manufacturers in Germany, it is the most important market and the largest contributor to the automotive metal stamping industry in Europe.
Because of the low consumption and manufacturing of automobiles in Latin America, the Middle East, and Africa, the growth rate of the automotive metal stamping industry is modest. The market for automotive metal stamping is predicted to expand in the future years, thanks to expansion in the automotive sector and investments in Latin American and Middle Eastern, and African vehicle businesses.
Rest of Europe
Rest of Asia-Pacific
The Middle East & Africa
Rest of Middle East & Africa
Rest of Latin America
|Market Size in 2022||US$ 103.53 Billion|
|Market Size by 2030||US$ 151.80 Billion|
|CAGR||CAGR of 4.9% From 2023 to 2030|
|Report Scope & Coverage||Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook|
|Key Segments||• by Technology (Blanking, Coining, Bending, Embossing, Flanging, Others)
• by Application (Passenger cars, Commercial vehicles, Recreational vehicles)
• by Process (Roll Forming, Sheet Metal Forming, Hot Stamping, Metal Fabrication, Others)
|Regional Analysis/Coverage||North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
|Company Profiles||Aro Metal Stamping, Alcoa Inc., Kenmode Precision Metal Stamping, Interplex Industries, Martinrea International, Goshen Stamping Company, Shiloh Industries, Inc., Acro Metal Stamping, Lindy Manufacturing, Manor Tool & Manufacturing Company, Tempco Manufacturing, American Industrial Company, Wisconsin Metal Parts, Inc., and Clow Stamping Co.|
|Key Drivers||•Rising vehicle production and increased demand for passenger vehicles.
•The growing trend toward engine downsizing to improve fuel efficiency and lighter vehicles.
|RESTRAINTS||•The instrument used in the metal stamping process has a high maintenance cost.
•Stamping's growth is anticipated to be hampered by limited pricing flexibility.
Frequently Asked Questions (FAQ) :
Table of Contents
1.1 Market Definition
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.2 Impact on major economies
220.127.116.11 United Kingdom
18.104.22.168 South Korea
22.214.171.124 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Global Automotive Metal Stamping Market Segmentation, by Technology
9. Global Automotive Metal Stamping Market Segmentation, by Application
9.1 Passenger cars
9.2 Commercial vehicles
9.3 Recreational vehicles
10. Global Automotive Metal Stamping Market Segmentation, by Process
10.1 Roll Forming
10.2 Sheet Metal Forming
10.3 Hot Stamping
10.4 Metal Fabrication
11. Regional Analysis
11.2 North America
11.2.1 the USA
11.3.2 the UK
11.3.6 The Netherlands
11.3.7 Rest of Europe
11.4.2 South Korea
11.4.6 Rest of Asia-Pacific
11.5 The Middle East & Africa
11.5.3 South Africa
11.6 Latin America
11.6.3 Rest of Latin America
12. Company Profiles
12.1 Interplex Industries,
12.1.2 Products/ Services Offered
12.1.3 SWOT Analysis
12.1.4 The SNS view
12.2 Aro Metal Stamping, Alcoa Inc.
12.3 Kenmode Precision Metal Stamping
12.4 Martinrea International
12.5 Goshen Stamping Company
12.6 Shiloh Industries, Inc.
12.7 Acro Metal Stamping
12.8 Lindy Manufacturing
12.9 Manor Tool & Manufacturing Company
12.10 Tempco Manufacturing
12.11 American Industrial Company
12.12 Wisconsin Metal Parts, Inc.
12.13 Clow Stamping Co.
13. Competitive Landscape
13.1 Competitive Benchmarking
13.2 Market Share analysis
13.3 Recent Developments
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