Automotive Metal Forming Market

The global Automotive Metal Forming market was valued at US$ 240060 million in 2022 and is projected to reach US$ 279580 million by 2029, at a CAGR of 2.2% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Metal 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.
Automotive Metal Forming Market aims to provide a comprehensive presentation of the global market for Automotive Metal Forming, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Automotive Metal Forming. Automotive Metal Forming Market contains market size and forecasts of Automotive Metal Forming in global, including the following market information:

• Global Automotive Metal Forming Market Revenue, 2018-2023, 2024-2029, ($ millions)
• Global Automotive Metal Forming Market Sales, 2018-2023, 2024-2029, (K MT)
• Global top five Automotive Metal Forming companies in 2022 (%)

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.
We surveyed the Automotive Metal Forming manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Automotive Metal Forming Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Automotive Metal Forming Market Segment Percentages, by Type, 2022 (%)

• Roll Forming
• Stretch Forming
• Stamping
• Deep Drawing
• Hydroforming
• Others

Global Automotive Metal Forming Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Automotive Metal Forming Market Segment Percentages, by Application, 2022 (%)

• Passenger Car
• LCV
• Truck
• Bus

Global Automotive Metal Forming Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Automotive Metal Forming Market Segment Percentages, By Region and Country, 2022 (%)

• North America
• US
• Canada
• Mexico
• Europe
• Germany
• France
• U.K.
• Italy
• Russia
• Nordic Countries
• Benelux
• Rest of Europe
• Asia
• China
• Japan
• South Korea
• Southeast Asia
• India
• Rest of Asia
• South America
• Brazil
• Argentina
• Rest of South America
• Middle East & Africa
• Turkey
• Israel
• Saudi Arabia
• UAE
• Rest of Middle East & Africa

Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Automotive Metal Forming revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Automotive Metal Forming revenues share in global market, 2022 (%)
Key companies Automotive Metal Forming sales in global market, 2018-2023 (Estimated), (K MT)
Key companies Automotive Metal Forming sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:

• Benteler
• Tower International
• Magna
• Toyota Boshoku
• Aisin Seiki
• Kirchhoff
• CIE Automotive
• Mills Products
• VNT Automotive
• Superform Aluminium
• Hirotec
• Multimatic
• Kaizen Metal Forming
• Quintus Technologies

Outline of Major Chapters:

• Chapter 1: Introduces the definition of Automotive Metal Forming, market overview.
• Chapter 2: Global Automotive Metal Forming market size in revenue and volume.
• Chapter 3: Detailed analysis of Automotive Metal Forming manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
• Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
• Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
• Chapter 6: Sales of Automotive Metal Forming in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
• Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
• Chapter 8: Global Automotive Metal Forming capacity by region & country.
• Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
• Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
• Chapter 11: The main points and conclusions of the report.

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