Pune, India, December, 2017/MRFR Press Release/- Market Research Future published a Half Cooked research report on “Global Automotive Metal Stamping Market Research Report – Forecast to 2022”– Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2022.
Automotive Metal Stamping Global Market – Overview
Automotive Metal Stamping are the component that are punched in order to achieve the desire shape. The process is incorporated with the help of stamping dies. The metals that are generally used in automotive metal stamping are aluminium, steel, brass, copper and stainless steel. In order to produce the body panel without failure during stamping, the ductility is an important property for the higher quality and sustainability of panels. Most of the steels that are used in the automotive component application are aluminum steel that ranges from 0.7 to 0.9 mm thickness. According to a recent study report published by the Market Research Future, The global market of automotive metal stamping is booming and expected to gain prominence over the forecast period. The market is forecasted to demonstrate a stunning growth by 2022, surpassing its previous growth records in terms of value with a striking CAGR during the estimated period (2017 – 2022).
The technology progress in structural sheet metal industry has been developing highly in recent years. The development and innovation in the sheet metal forming technologies determines the progress in the system control and press tool construction. There has been growth in the forming technologies such as hydroforming, electromagnetic metal forming, and others. This growth in the structural sheet metal industry will directly affect the automotive metal stamping industry.
Economic factor place an important role in the automotive industry. In the recent year, automotive industry was majorly affected due to the economic crisis. If the economic condition are not good then the sale of the vehicle will decline resulting in the decrease in the side guard door beams market. In the developing and developed markets, for both the scenario are different. The developed market will have increase in sale due to higher purchasing power of the consumer. The sale of higher end vehicle will also be high in this market. In developing nation, the lower priced variants sales are high due to low purchasing power of consumers. Change in the economy will directly affect the automotive industry which will impact the automotive metal stamping market.
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Aro Metal Stamping co. (U.S.), Kenmode Precision Metal Stamping (U.S.), Martinrea International Inc. (Canada), Shiloh Industries, Inc. (U.S.), Acro Metal Stamping Co. (U.S.), Manor Tool & Manufacturing Company (U.S.), American Industrial Company (U.S.), Wisconsin Metal Parts, Inc. (U.S.), and Clow Stamping Co. (U.S.). and others are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the global automotive metal stamping market.
Industry/ Innovation/ Related News:
The key strategies followed by most companies within the global Automotive Metal Stamping market are that of new product development.
On November 2017, Shiloh Industries, Inc. has opened a customer service centre in Munich, Germany which will focused on portfolio of lightweight body structures and interiors, chassis systems and propulsion systems solutions, and vibration-damping solutions.
On December 2017, Martinrea International Inc. Opens New State-of-the Art Technical Center. The facility will provide combines research and development, engineering and testing capabilities under one roof.
On Dec 2016, Acro Building Systems have invested in another new Wire EDM machine for faster response to new tooling, die repair and prototyping needs.
Automotive Metal Stamping Market – Segmentation
The global Automotive Metal Stamping market is segmented in to 3 key dynamics for the convenience of the report and enhanced understanding;
Segmentation by Technology: Comprises Blanking, Embossing, Flanging, Bending, Coining and Others)
Segmentation by Application: Comprises Passenger Cars, Commercial Vehicles, Recreational Vehicles and Others
Segmentation by Regions: Comprises Geographical regions – North America, Europe, APAC and Rest of the World.
Automotive Metal Stamping Market: Regional Analysis
In Asia Pacific, China majorly contributes in the steel industry, but in recent times the steel market in China, has declined. The growth of the component manufacturers has taken a different route than other regions. The Japanese producers have maintained strong relationships with their suppliers. The rising competition and increase in the trade, globally, have led to the improved distribution system, across various developing nations. Also, the automotive industry in China continues to grow due to increased production of passenger and commercial vehicles. FDI is one of the major factors for the growth of automotive industry in China. Automakers in China are developing new and trade friendly policies that enable them to produce a larger number of vehicles. This increase in the number of vehicles, will result in the growth of the metal stamping industry during the forecast period.
In North America, automobile manufacturers will continue to see an increase in the sales of the passenger cars. The increase in demand of the new vehicles will enable the growth of the auto components suppliers. This increase in demand of passenger cars, will result in growing safety of the drivers in the car. The growing safety will result in increased use of side guard door beams in the car. The increase in usage will result in the growth of the market during the forecast period. In North America, U.S. has dominated the metal stamping market due to increase concern of safety in the vehicle. The auto market in U.S. has been powered by factors such as low interest rate and low fuel price, which has allowed the market to grow during the forecast period
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LIST OF TABLES
TABLE 1 GLOBAL AUTOMOTIVE METAL STAMPING MARKET, BY TECHNOLOGY
TABLE 3 GLOBAL AUTOMOTIVE METAL STAMPING MARKET, BY APPLICATION
TABLE 4 GLOBAL AUTOMOTIVE METAL STAMPING MARKET, BY REGIONS
TABLE 5 NORTH AMERICA AUTOMOTIVE METAL STAMPING MARKET, BY COUNTRY
LIST OF FIGURES
FIGURE 1 RESEARCH TYPE
FIGURE 2 GLOBAL AUTOMOTIVE METAL STAMPING MARKET: BY TECHNOLOGY
FIGURE 3 GLOBAL AUTOMOTIVE METAL STAMPING MARKET: BY APPLICATION
FIGURE 4 GLOBAL AUTOMOTIVE METAL STAMPING MARKET: BY REGION
FIGURE 5 NORTH AMERICA AUTOMOTIVE METAL STAMPING MARKET, BY TECHNOLOGY
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