Global Automotive Stamped Components Market 2017-2021

Overview of the global automotive stamped components market

According to Technavio's market research analysis, the increasing demand for lightweight vehicles will be one of the major factors that will have a positive impact on the global automotive stamped components market during the forecast period. The OEMs are looking at lowering the weight of every component in a vehicle to attain higher performance and better fuel efficiency. Hot stamping of components is one of the popular weight reduction techniques in the auto industry. This technique uses a single sheet to construct frames, making it lightweight, lower the complexity of design, and raising its strength. For instance, New Honda Civic's body is manufacured from high-strength steel contributes about 55-60% of the body weight and downsizes the unibody weight by 21 kg compared to the previous generation Civics. Around 10-15% of the new Civic's body is made of ultra-high-strength steels (UHSS). The rising need for lightweight components in a vehicle to enhance its fuel efficiency as per the CAFÉ regulations will drive the automotive stamped components market. Our market research analysts predict that this market will post a revenue growth of more than USD 136 billion by 2021.

The adoption of lead time reduction techniques will be one of the key trends that will gain traction in the automotive stamped components market in the coming years. Ford has already developed a revolutionary system that can complete the pressing technique in hours. The company has patented this technology and is likely to enter mass production in the coming years. This enhanced prototyping technique will provide growth opportunities for metal stamping in other applications and industries future.

Competitive landscape and key vendors  

The global automotive stamped components market consists of a considerable number of players and is intensely competitive. With the developments in stamping process and the increased costs related with stamping lines, automotive manufacturers are focusing on outsourcing stamping processes. One of the major players Gestamp has expertise in designing, developing, and manufacturing metal auto components and has products in three major categories such as BIW, chassis, and mechanisms.

The leading vendors in the market are ?

• Gestamp
• Trans-Matic
• Lindy Manufacturing
• Batesville Tool & Die
• All-New Stamping

The other prominent vendors in the market are thyssenkrupp, Hobson & Motzer, Magna, and Lyons Tools and Die.

Segmentation by vehicle type and analysis of the automotive stamped components market

• Passenger cars
• Commercial vehicles

During 2016, the passenger cars segment accounted for the major shares of the automotive stamped components market. Factors such as the high preferance for passenger cars  in APAC and the stringent emission regulations will contribute to the growth of this industry segment in the coming years.

Geographical segmentation and analysis of the automotive stamped components market

• Americas
• APAC
• EMEA

This market study estimates that in terms of geographic regions, APAC will be the major revenue contributor to the automotive stamped components market throughout the forecast period. The rising demand for commercial and passenger vehicles and countries such as India, South Korea, and Indonesia, China, and Japan will drive the market growth in the region.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global automotive stamped components market?
• What are the key market trends impacting the growth of the global automotive stamped components market?
• What are the challenges to market growth?
• Who are the key vendors in the global automotive stamped components market?
• What are the market opportunities and threats faced by the vendors in the global automotive stamped components market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global automotive stamped components market?

Technavio also offers customization on reports based on specific client requirement.

The process of placing flat metal sheet on a stamping press where a tool and die surface converts the metal into a net shape is known as stamping. This upcoming report on the global automotive stamped components market is an essential part of the automotive portfolio under the fast-growing subdivision like automotive components. This report aims at estimating the major trends and market drivers that induce the growth of the automotive components industry.

Stringent regulations for emission and recycling weight reduction and safety parameters may influence the demand for automotive stamped components in the coming year, as predicted by our market specialists. Additionally, geographies like the Americas, APAC, and EMEA are covered by this report on the global automotive stamped components market to offer clients the scope to identify potential market opportunities and expand in niche markets.

Vendors like Stitch Overseas Private Limited, Lyons Tool and Die Company, Magna, Hobson & Motzer, ThyssenKrupp System Engineering, Autodie LLC, TRANS-MATIC MANUFACTURING,?Lindy Manufacturing Co., Batesville Tool & Die, All-New Stamping Company, and CAR Engineering and Manufacturing are covered under this upcoming industry research report on the global automotive stamped components market. This industry research analysis includes primary and secondary research techniques like vendor briefings, telephone and online surveys, webinars, and industry journals and publications to help clients develop active growth strategies and keep pace with the frequently changing market landscape.

This upcoming market research report on the global automotive stamped components market also offers insights into the challenges faced by this industry like lack of financing for small operations to upgrade, increasingly complex demands from OEMs. Technavio also provides insights into the sectors such as powertrain and automotive electronics. Besides, this report also presents visions into the varying competitive landscape and gives clients a realistic picture of the future direction of the industry.