The latest study on Automotive Metal Stamping Market for the forecast period 2020 to 2027 blends in the best of both qualitative and quantitative research to assess the major driving forces, restraining factors and opportunities shaping the development Automotive Metal Stamping industry worldwide.
New York, NY -- (SBWIRE) -- 02/22/2021 -- Surging demand for branding in vehicles to assure authentication of the product, along with enhanced capabilities of manufacturers with the advent of lean manufacturing methods to reduce wastage during processes, will drive automotive metal stamping market growth. The Global Automotive Metal Stamping Market is projected to grow at a CAGR of 4.6% from USD 83.53 billion in 2019 to USD 120.91 billion in 2027.
Automotive metal stamping is a process of converting metal sheets into different sizes and shapes as per the end-user requirements. The automotive industry is gradually expanding, and so is the demand for metal sheets stamping for the production of vehicle chassis, interior & exterior components, and transmission components. The growing focus on the utilization of lightweight metals like aluminum to increase fuel efficiency will offer lucrative scope for automotive metal stamping market growth over the forecast period.
Key participants in the global automotive metal stamping market are:
Kenmode Precision Metal Stamping (U.S.)
Shiloh Industries Inc. (U.S.)
Aro Metal Stamping co. (U.S.)
Martinrea International Inc. (Canada)
Acro Metal Stamping Co. (U.S.)
Manor Tool & Manufacturing Company (U.S.)
Wisconsin Metal Parts Inc. (U.S.)
Clow Stamping Co. (U.S.)
American Industrial Company (U.S.)
To Get Sample Copy of Report visit: https://www.reportsanddata.com/sample-enquiry-form/1266
The automotive manufacturers and OEMs of the automotive parts are incorporating the automotive stamping press, automotive stamp dies, and other metal stamping tools and techniques on a large-scale to transform the sheet metal into final parts with optimum precision in design as well as aesthetics.
Moreover, innovations and advancements in the automotive industry to encourage fuel efficiency, along with rising investments in automotive metal stamping manufacturing by the industry players, will boost the revenue share of the automotive metal stamping market. Moreover, the introduction of regulatory policies aimed at improving working conditions & safety standards, materials usage, and waste disposal are promoting the adoption of sustainable manufacturing strategies, which, in turn, will foster automotive metal stamping market growth through 2027.
For the purpose of this report, Reports and Data has segmented the Global Automotive Metal Stamping Market on the basis of stamping type, metal type, technology, application, and region:
Stamping Type Outlook (Revenue, USD Billion; 2017-2027)
Hot-stamping or hot printing
Cold stamping or cold printing
Metal Type Outlook (Revenue, USD Billion; 2017-2027)
Technology Outlook (Revenue, USD Billion; 2017-2027)
Application Outlook (Revenue, USD Billion; 2017-2027)
Light Commercial Vehicle (LCV)
Heavy Commercial Vehicle (HCV)
Regional Outlook (Revenue, USD Billion; 2017-2027)
Middle East & Africa
To get a Discount on the Automotive Metal Stamping Market Report, Click @ https://www.reportsanddata.com/discount-enquiry-form/1266
Further key findings from the report suggest
On the basis of stamping type, the hot stamping segment dominated the automotive metal stamping market share in 2019 and is estimated to exhibit a growth rate of 4.2% through 2027. Hot stamping technology is witnessing high demand as it offers greater tensile strength and can create lightweight parts like vehicle frames.
Based on metal type, aluminum accounted for 44.8% of the automotive metal stamping market share in 2019 and is likely to witness a growth rate of 4.1% over the projected timeframe on account of lightweight and high strength properties.
Based on technology, the blanking automotive stamping process accounted for 25% of the automotive metal stamping market revenue share in 2019 and is anticipated to showcase a notable growth of 4.6% through 2027.
The coining technology segment is estimated to witness major growth at a CAGR of nearly 6% over the analysis period in the automotive metal stamping market. The coining technology is witnessing large-scale adoption as it results in exceptionally polished surface finishes, eliminated drafts, with high tolerance in the final structure.
The embossing segment is anticipated to register a growth rate of 5.3% over the forecast period in the automotive metal stamping market on account of surging demand for laser embossing to engrave patterns and dates on the automotive parts and license plates.
On the basis of application, the commercial vehicle segment dominated the automotive metal stamping market revenue share in 2019 and is estimated to exhibit a growth rate of 3.2% through 2027 on account of the high demand for resilient and durable vehicle parts n these vehicles…Continued
Browse the comprehensive TOC and data tables @ https://www.reportsanddata.com/report-detail/automotive-metal-stamping-market
Table of Content-
Chapter 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope & Premise
1.4. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Indicative Metrics
Chapter 4. Automotive metal stamping Market Segmentation & Impact Analysis
4.1. Automotive metal stamping Segmentation Analysis
4.2. Automotive metal stamping Market Value Chain Analysis, 2019-2027
4.3. Regulatory framework
4.4. Recent Developments
4.5. Automotive metal stamping Market Impact Analysis
4.5.1. Market driver analysis
18.104.22.168. Comparatively lower manufacturing cost
22.214.171.124. Growth of automotive industry
126.96.36.199. Increasing demand of metal sheets for the metal usage in the production of vehicle chassis, transmission
Connect with an expert for customization of Report @ https://www.reportsanddata.com/request-customization-form/1266
Browse More Reports-
Casting and Splinting Market Size
Metal and Ceramic Injection Molding Market Share
Nano-enabled Packaging Market Growth
Thermal Insulation Coating Market Outlook
Artificial Turf Market Demand
About Reports and Data
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client's make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market.
Head of Business Development
40 Wall St. 28th floor New York City
NY 10005 United States
Direct Line: +1-212-710-1370