Increasing production of vehicles and rising demand for passenger
vehicles is a major driving factor for the automotive metal stamping
market. In addition, rising trend of engine downsizing in order to
have better fuel efficient and lighter vehicles, light-weight metals
such as aluminum is expected to be of huge demand among automotive
metal stamping manufacturers in the coming years. Moreover, growth in
the automotive sector and rising investments in automotive metal
stamping manufacturing companies across the world is set to influence
the market significantly during the forecast period.
The automotive metal stamping market can be classified by process, by
application and by geography. The process segment can be classified
blanking, embossing, bending, coining, flanging and others. By
application, the market can be segregated as passenger vehicles,
light commercial vehicles and heavy commercial vehicles. By
geography, the market can be segmented into North America, Europe,
Asia Pacific, Middle East and Africa and Latin America.
In the automotive metal stamping market, Asia Pacific holds the
largest market share in terms of revenue followed by Europe, North
America, Latin America and, Middle East and Africa (MEA). China is
the largest automotive metal stamping market in the Asia Pacific
region for which Asia Pacific is the dominant market of automotive
metal stamping market in the world. This is so because China is the
largest producer of metals such as aluminum, steel and iron, which
are the major metals used for metal stamping in the automotive
sector. In addition, China is the largest manufacturer of automobiles
and therefore, metal stamping finds immense application in automobile
manufacturing companies of China. In Europe, Germany is the most
significant market and the largest contributor to the automotive
metal stamping market in the region because of the presence of major
automobile manufacturers in Germany. In North America, the U.S. is
the largest market for automotive metal stamping. The U.S. is the
second largest manufacturer of automobiles in the world. The growth
rate of automotive metal stamping market in Latin America, and Middle
East and Africa is low considering the less usage and production of
vehicles in the aforementioned regions. However, with the growth in
the automotive sector and investments in automobile companies of
Latin America and Middle East and Africa, the market for automotive
metal stamping is expected to improve in the coming years.
The report also provides company market share analysis of the various
industry participants. Acquisition is the main strategy being widely
followed by leading market players. In case of an acquisition, the
acquirer takes advantage of existing synergies. As a result, both
companies are expected to emerge more profitable and stronger than
before. Key players in the global automotive metal stamping market
have been profiled and their company overview, financial overview,
business strategies and recent developments have been covered in the
report. Major market participants profiled in this report include:
Alcoa Inc., Acro, Manor Tool & Manufacturing Company, Lindy
Manufacturing, American Industrial Company, Precision Metal Stamping,
Wisconsin Metal Parts, Inc., Clow Stamping Co., Aro Metal Stamping
Co., Tempco Manufacturing, Interplex Industries Inc., Goshen Stamping
Co., Inc., Martinrea International and Shiloh Industries, Inc. among
others.
The report offers a comprehensive evaluation of the market. It does
so via in-depth qualitative insights, historical data, and verifiable
projections about market size. The projections featured in the report
have been derived using proven research methodologies and
assumptions. By doing so, the research report serves as a repository
of analysis and information for every facet of the market, including
but not limited to: Regional markets, technology, types, and
applications.
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