Automotive Sheet Metal Stamping Market Analysis

Global metal stamping market is expected to grow with a single digit compound annual growth rate during the forecast period.

Automotive sheet metal stamping market analysis.

Automotive stamping market global industry segment analysis regional outlook share growth. Automotive stamping market forecast 2016 to 2026 by future market insights. In case of an. It is a process of placing a metal sheet into a stamping press to get the desired shape and size.

The increasing technological advancement and development in the automotive industry is the major driving force for the growth of global metal stamping market. The global metal stamping market size was valued at usd 220 0 billion in 2019 and is anticipated to witness a cagr of 2 8 in terms of revenue from 2020 to 2027. The growing consumer electronics industry is likely to remain as a key driving factor on account of the application of metal frames in mobile phones headphones speakers and game pads and controllers. Automotive body stamping market size share industry analysis by material type copper steel aluminium by technology type hot stamping cold stamping by vehicle type passenger cars commercial vehicles and regional forecast 2020 2027.

Automotive metal stamping market size was usd 70 42 billion in 2015. This metal working process is adopted in manufacturing industries engaged in processing of hardened surfaces such as sheet metal and plastics components. Metal stamping market outlook to 2025. The industry is highly influenced by metal consumption patterns in all applications segments.

Automotive metal stamping is a process of converting sheet metal into shapes sizes based on the end user requirements. Increasing use of strong impact resistant lightweight materials such as aluminum is driving the global automotive metal stamping market. Global automotive metal stamping market is expected to reach usd 122 19 billion by 2026 at a cagr of 4 74 from 2019 to 2026.