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Over the last few years, the global automotive body stampings market has advanced commendably, registering an average growth rate of 3.09 percent in terms of sales. In the year 2017, global revenue of automotive body stamping market was approximately 256800 Mn USD, while the sale was around 98 Mn units.The worldwide market for Automotive Body Stampings is expected to grow at a CAGR of roughly 3.5% over the next five years, will reach 315100 million US$ in 2023, from 256800 million US$ in 2017, according to a new available with Market Study Report.com.
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In the coming years, automotive body stamping industry would continue growing at a moderately high growth rate. Investors still find this sector lucrative, and in the future, more new investors are predicted to enter this market.
Stamping (also known as pressing) is the process of placing flat sheet metal in either blank or coil form into a stamping press where a tool and die surface forms the metal into a net shape. Stamping includes a variety of sheet-metal forming manufacturing processes, such as punching using a machine press or stamping press, blanking, embossing, bending, flanging, and coining. This could be a single stage operation where every stroke of the press produces the desired form on the sheet metal part, or could occur through a series of stages. The process is usually carried out on sheet metal, but can also be used on other materials, such as polystyrene.
Market Segment by Manufacturers, this report covers:
VW
Toyota
General Motors
Ford Motor
Nissan
FCA
Hyundai Motor
Honda
Renault
Suzuki
PSA
Daimler
Changan
Kia Motor
BMW
In the next few years, Automotive Body Stamping industry will maintain increasing at a relatively high growth rate. Investors are still optimistic about this area; the future will still have more new investment enter the field.
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The global average price of Automotive Body Stamping is in the decreasing trend, and the average price is 2600 USD/Unit in 2017. With the situation of global economy and the investment of technology, the price will be decreasing trend in the following five years.
The classification of Automotive Body Stamping includes Carbon Steel and Aluminum. The proportion of Carbon Steel in 2017 is about 94.75%. Aluminum is cheaper than Carbon Steel, which is lighter.
Automotive Body Stamping are widely used in Passenger Vehicle and Commercial Vehicle. The more than half of Automotive Body Stamping is used in Passenger Vehicle, and the sales proportion in 2017 is about 81.7%.
China and Europe is the main consumption region, with a consumption market share nearly 29% and 23% in 2017. Other regions also enjoy the major market share in global region.
In the future, the automotive Body Stamping will have a good future; the price fluctuation has relationship with the raw material. The technology will more mature and the monopoly phenomenon will be weakening.
The stamping process plays a major role in determining the efficiency of automotive body part production.
According to the market report, the global average price average price of automotive body stamping was 2600 USD/Unit in the year 2017.
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The global automotive body stamping market has been bifurcated into two major categories, namely Aluminum and Carbon Steel. The percentage of Carbon Steel in the year 2017 was nearly 94.75 percent. Aluminum is cost-effective compared to Carbon Steel, which is light weighted.
Automotive body stamping has been extensively used in commercial vehicle and passenger vehicle. The passenger vehicle market segment holds more than half of the automotive body stamping market, and its sales share in the year 2017 was approximately 81.7 percent.
Europe and China are the key consumption regions, encompassing a consumption market share of about 29% and 23% respectively in the year 2017. However, there are other regions as well which hold a major share in the overall market.
Speaking of the future, the automotive body stamping market is touted to have good growth prospects. Gradually, the technology is expected to mature, post which the monopoly scenario may also diminish.
Table of Content:
1 Market Overview
2 Manufacturers Profiles
3 Global Automotive Body Stampings Sales, Revenue, Market Share and Competition by Manufacturer (2016-2017)
4 Global Automotive Body Stampings Market Analysis by Regions
5 North America Automotive Body Stampings by Countries
6 Europe Automotive Body Stampings by Countries
7 Asia-Pacific Automotive Body Stampings by Countries
8 South America Automotive Body Stampings by Countries
9 Middle East and Africa Automotive Body Stampings by Countries
10 Global Automotive Body Stampings Market Segment by Type
11 Global Automotive Body Stampings Market Segment by Application
12 Automotive Body Stampings Market Forecast (2018-2023)
13 Sales Channel, Distributors, Traders and Dealers
14 Research Findings and Conclusion
15 Appendix
Related Reports: -
Global Automotive Body Stampings Market Insights, Forecast to 2025
Global Automotive Body Stampings market size will reach xx million US$ by 2025, from xx million US$ in 2017, at a CAGR of xx% during the forecast period. In this study, 2017 has been considered as the base year and 2018-2025 as the forecast period to estimate the market size for Automotive Body Stampings.
https://www.marketstudyreport.com/reports/global-automotive-body-stampings-market-insights-forecast-to-2025
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