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Automotive Metal Stamping Market

Automotive Metal Stamping Market Size, Share and Segmentation 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), by Regions - Global Market Forecast 2022-2028

Report Id: SNS/AUTO/1071 | May 2022 | Region: Global | 120 Pages

Report Scope & Overview:

Automotive Metal Stamping Market Size was valued at USD 98.7 billion in 2021 and is expected to reach USD 137.95 billion by 2028 and grow at a CAGR of 4.9% over the forecast period 2022-2028.

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.

Automotive Metal Stamping Market Revenue Graph

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.

MARKET DYNAMICS: 

KEY DRIVERS: 

  • 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.

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.

OPPORTUNITIES: 

  • The rapidly expanding automobile industry.

  • Demand for smart cars is rapidly increasing.

  • Technological advancements and investments in R&D.

CHALLENGES: 

  • 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 ESTIMATION: 

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.

MARKET SEGMENTATION:

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

Automotive Metal Stamping Market Segment Chart

REGIONAL ANALYSIS:

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.

REGIONAL COVERAGE:

  • North America

    • The USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • The UK

    • France

    • Italy

    • Spain

    • The 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

Automotive Metal Stamping Market Report Scope:
Report Attributes Details
Market Size in 2021 US$ 98.7  Billion
Market Size by 2028 US$ 137.95  Billion
CAGR CAGR of 4.9% From 2022 to 2028
Base Year 2021
Forecast Period 2022-2028
Historical Data 2017-2020
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. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

 

2. Research Methodology

 

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

 

4. Impact Analysis

4.1 COVID-19 Impact Analysis

4.2 Impact of the Ukraine-Russia War

 

5. Value Chain Analysis

 

6. Porter’s 5 forces model

 

7.  PEST Analysis

 

8. Global Automotive Metal Stamping Market Segmentation, by Technology

8.1 Blanking

8.2 Coining

8.3 Bending

8.4 Embossing

8.5 Flanging

8.6 Others

 

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

10.5 Others

 

11. Regional Analysis

11.1 Introduction

11.2 North America

11.2.1 the USA

11.2.2  Canada

11.2.3  Mexico

11.3 Europe

11.3.1  Germany

11.3.2  the UK

11.3.3  France

11.3.4  Italy

11.3.5  Spain

11.3.6  The Netherlands

11.3.7  Rest of Europe

11.4 Asia-Pacific

11.4.1  Japan

11.4.2  South Korea

11.4.3  China

11.4.4  India

11.4.5  Australia

11.4.6  Rest of Asia-Pacific

11.5 The Middle East & Africa

11.5.1  Israel

11.5.2  UAE

11.5.3  South Africa

11.5.4  Rest

11.6 Latin America

11.6.1  Brazil

11.6.2  Argentina

11.6.3  Rest of Latin America

 

12. Company Profiles

12.1 Interplex Industries,

12.1.1 Financial

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

 

14. Conclusion

An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.

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The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

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