Auto Stamped Component Industry Analysis

The automotive market at present is the most focused on optimum utilization of resources and raw materials. The primary concern of the manufacturers is to offer robust, and compact cars at affordable prices. Earlier, the production of one vehicle took quite some time, due to which the consumer’s waiting period was long. With the advent of industrialization and automation, the time required for manufacturing one vehicle was drastically reduced. Thus the entire automotive market that was once a suppliers’ market, became the consumers’ market, especially after the 1980s. Consumers today are spoilt for choice. The competing automotive manufacturers have to lure the consumers with innovative and market-driven techniques. Thus, the focus has now shifted to the production of reliable, faster and high-performance cars at affordable prices. The primary focus of the manufacturers have begun to shift from the traditional vehicle specification to consumer-centric approach. In this context, it has become imperative for the manufacturers to think out of the box and reduce costs while delivering quality.

The global Auto Stamped Component Industry is poised to have a surplus growth at a stellar 4% CAGR over the estimated years (2017-2023).

Key Players

Leading players profiled in the Auto Stamped Component Industry include Martinrea International Inc. (Canada), Kenmode Tool and Engineering, Inc. (U.S.), Shiloh Industries, Inc. (U.S.), Clow Stamping Inc. (U.S.), Manor Tool and Manufacturing Company (U.S.), Acro Metal Stamping Company (U.S.), Lyons Tool & Die Co (U.S.), Magna International Inc. (Canada), Hobson & Motzer Inc. (U.S.), Thyssenkrupp AG (Germany), All-New Stamping Company (U.S.), Batesville Tool & Die Inc. (U.S.), Lindy Manufacturing (U.S.), Trans-Matic Manufacturing Inc. (U.S.),Gestamp Automoción (Spain) and others.

Segmentation

MRFR report provides an extensive segmental analysis of the Auto Stamped Component Industry on the basis of technology, station type, stamping process and forming temperature.

Based on technology, it is segmented into blanking, coining, embossing, flanging and bending. Of these, blanking and bending will have the largest share in the market over the estimated years. This is due to ease of operation, affordable process cost, durable finished products, and simplicity of mass production.

Based on station type, the Auto Stamped Component Industry is segmented into progressive and single. Of these, progressive station will dominate the Auto Stamped Component Industry over the estimated years followed by single stage operation.

Based on stamping process, it is segmented into pneumatic, hydraulic and mechanical.

Based on forming temperature, the Auto Stamped Component Industry is segmented into vehicle and forming temperature. Vehicle is further segmented into passenger, HCV and LCV. Forming temperature is further segmented into cold and hot.

Regional Analysis

By region, the Auto Stamped Component Industry covers growth opportunities and latest trends across Rest of the World, Europe, Asia Pacific and North America. In Canada and the US, consumers prefer vehicles that are high performing and stronger. Robust and rugged automobiles that can maneuver through rough terrain is the key need in this market.  The stamping technology’s capability of using lightweight materials and at the same time offering high strength to components secures strong market growth for the future. APAC is popular for its penchant for high-performance and smaller-sized cars. Here the market demand is growing exponentially. The consumers’ customized need can thus be perfectly addressed through the stamping technology. In Europe, the Auto Stamped Component Industry is much diversified with regards to their needs. Yet the common feature predicted in such vehicles is high performance and at very low temperatures, that can be attained through automotive stamped technology.

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