Report Code: A10331 | Pages: NA | Jul 2023 | 2168 Views | ||
Author(s) : NA | Tables: NA | Charts: NA |
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Automotive Stamping Market
Request Now !Automotive stamping is a working process in which a metal is converted into the desired shape and structure. This metal working process is adopted in manufacturing industries engaged in processing of hardened surfaces. Some of them are sheet metal and plastic components. Stamping process forms the base of all the building process in the automotive industry. Majority of the components that make up a vehicle is produced by stamping. In addition, the interior structural components and the exterior build components are produced by this process. Therefore, stamping provides structure and leads to the growth of the automotive stamping market in the coming years.
Market scope and structure analysis:
Report Metric | Details |
 Market size available for years |  2020–2027 |
 Base year considered |  2019 |
 Forecast period |  2021–2027 |
 Forecast unit |  Value (USD) |
 Segments covered |  Technology, Process, Vehicle Type |
 Regions covered | North America (the U.S. and Canada), Europe (Germany, the UK, France, and rest of Europe), Asia-Pacific (China, Japan, India, and rest of Asia-Pacific), Latin America (Brazil, Mexico, and rest of LATAM), and the Middle East and Africa |
 Companies covered | Schuler Group, AIDA Global, Orchid International, Eagle Press & Equipment Co. Ltd., Hyundai Rotem, MacRodyne Hydraulic Presses & Automation, Santec Group, Jier North America, Ridgeview Industries, and Bliss-Bret Industries |
COVID-19 scenario analysis:
The significant factors that impact the growth of the automotive stamping market are increase in production and sales of vehicles and high growth in export of automobile components. Moreover, pressure on suppliers for cost reduction and complex technology hamper the growth of the automotive stamping market. Furthermore, technological improvements and increase in use of hybrid electromagnetically-supported sheet stamping machines is expected to boost the growth of the automotive stamping market.Â
There is significant growth in automobile production, which results in rise in demand from domestic as well as international consumers. This, in turn, has increased the demand for automotive stamping. Therefore, this leads to the growth of the automotive stamping market during the forecast period.
As India is a rampantly emerging automotive components hub for engine and transmission parts, it is expected to increase the demand for automotive stamping in the near future. Moreover, this is anticipated to compel original equipment manufacturers (OEMs) to manage their production capacity by establishing a new process for stamping. This, in turn, is expected to fuel the growth of the automotive stamping market over forecast period.
Key segments covered:
Segments | Sub-segments |
 Technology |
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 Process |
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 Vehicles Type |
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Key benefits of the report:
Questions answered in the automotive stamping market research report:
Automotive Stamping Market Report Highlights
Aspects | Details |
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By Type |
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By Material |
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By Vehicle Type |
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By Region |
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Key Market Players | Schuler Group, Orchid International, Eagle Press & Equipment Co. Ltd., Ridgeview Industries, Santec Group, Jier North America, Bliss-Bret Industries, AIDA Global, MacRodyne Hydraulic Presses & Automation, Hyundai Rotem |
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