Market Analysis and Insights: Global Automotive Metal Forming Market
The global Automotive Metal Forming market size is projected to reach US$ XX million by 2027, from US$ XX million in 2021, at a CAGR of XX% during 2021-2027.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Automotive Metal Forming market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Automotive Metal Forming market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Automotive Metal Forming market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Automotive Metal Forming market.
Global Automotive Metal Forming Scope and Market Size
COMPANIES COVERED
BentelerDownload FREE Report Sample
Download Free sampleMetal forming is the metalworking process of fashioning metal parts and objects through mechanical deformation; the workpiece is reshaped without adding or removing material, and its mass remains unchanged. Forming operates on the materials science principle of plastic deformation, where the physical shape of a material is permanently deformed.
Market Analysis and Insights: Global Automotive Metal Forming Market
Due to the COVID-19 pandemic, the global Automotive Metal Forming market size is estimated to be worth US$ 245530 million in 2023 and is forecast to a readjusted size of US$ 281430 million by 2030 with a CAGR of 2.3% during the forecast period 2023-2030. Fully considering the economic change by this health crisis, Roll Forming accounting for % of the Automotive Metal Forming global market in 2022, is projected to value US$ million by 2030, growing at a revised % CAGR from 2023 to 2030. While Passenger Car segment is altered to an % CAGR throughout this forecast period.
Aluminum is expected to show the fastest growth over the forecast period, by material type. It is rapidly replacing steel in many automotive applications like body in white and chassis. The usage rate (%) of aluminum for forming applications is higher in Europe and North America when compared with that in Asia Oceania. The consumer spending power and vehicle costs are higher in countries such as the US and Germany, as compared to the developing economies. Thus, automakers are increasing the use of expensive lightweight materials such as aluminum, which helps to reduce the overall vehicle weight, thus improving the performance and fuel efficiency. However, it is 35-40% costlier than steel, because of which it has a low penetration in Asia Oceania.
Global Automotive Metal Forming Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market?s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2018 to 2030. This section mentions the volume of production by region from 2018 to 2030. Pricing analysis is included in the report according to each type from the year 2018 to 2030, manufacturer from 2018 to 2023, region from 2018 to 2023, and global price from 2018 to 2030.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert?s opinions have been taken to understand the market better.
Global Automotive Metal Forming Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2018 to 2030. by Application segment also provides consumption during the forecast period of 2018 to 2030. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Roll Forming
Stretch Forming
Stamping
Deep Drawing
Hydroforming
Others
Segment by Application
Passenger Car
LCV
Truck
Bus
By Company
Benteler
Tower International
Magna
Toyota Boshoku
Aisin Seiki
Kirchhoff
CIE Automotive
Mills Products
VNT Automotive
Superform Aluminium
Hirotec
Multimatic
Kaizen Metal Forming
Quintus Technologies
Production by Region
North America
Europe
China
Japan
South Korea
India
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
The information for each competitor/Company Profile includes:
Key Indicators Analysed:
The content of the study subjects includes a total of 15 chapters:
Chapter 1, describes Automotive Metal Forming product scope, market overview, market opportunities, market driving force, and market risks.
Chapter 2, profiles the top manufacturers of Automotive Metal Forming, with price, sales, revenue, and global market share of Automotive Metal Forming from 2019 to 2022.
Chapter 3, the Automotive Metal Forming competitive situation, sales, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Automotive Metal Forming breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2017 to 2028.
Chapters 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, and application, from 2017 to 2028.
Chapters 7, 8, 9, 10, and 11, to break the sales data at the country level, with sales, revenue, and market share for key countries in the world, from 2017 to 2022. and the Automotive Metal Forming market forecast, by regions, type, and application, with sales and revenue, from 2023 to 2028.
Chapter 12, the key raw materials and key suppliers, and industry chain of Automotive Metal Forming.
Chapter 13, 14, and 15, to describe Automotive Metal Forming sales channel, distributors, customers, research findings and conclusion, appendix and data source.
Reasons to Purchase this Report:
Research Methodology:
The research methodology used to estimate and forecast this market begins by capturing the revenues of the key players and their shares in the market. Various secondary sources such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, have been used to identify and collect information useful for this extensive commercial study of the market. Calculations based on this led to the overall market size. After arriving at the overall market size, the total market has been split into several segments and subsegments, which have then been verified through primary research by conducting extensive interviews with industry experts such as CEOs, VPs, directors, and executives. The data triangulation and market breakdown procedures have been employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments.
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