Summary Global Automotive Stamped Component Industry Information by Technology (Bending, Flanging, Embossing, Coining, Blanking), Station Type (Single, Progressive), Stamping Process (Mechanical, Hydraulic, Pneumatic), Forming Temperature (Hot, Cold), Vehicle (Passenger, LCV, HCV) Automotive Stamped Component Industry Analysis The global Automotive Stamped Component Industry is poised to have a surplus growth at a stellar 4% CAGR over the estimated years (2017-2023). Automotive stamping is a technique to process sheet metals and also convert the same into numerous sizes and shapes according to the specific application and need in automobiles. Stamping of the sheet metals involves five key processes namely embossing, blanking, coining, flanging and bending. The stamped components products that are ready to use can be installed in the automobile. This stamping technology has turned more effective due to the growing utilization of aluminum sheets in manufacturing automobiles. Most importantly, aluminum is lightweight and strong, thus an automobile’s power-to-weight ratio is greatly increased that helps in vehicle efficiency. There are plentiful factors that is boosting the growth of the Automotive Stamped Component Industry. These factors as per the Market Research Future (MRFR) report include growing need for custom-sized automobiles, reduction in cost and time offered by stamped component manufacturing systems, higher profitability of switching to better and more efficient automobiles faster, growing expectation of speedy delivery of a car and growing demand for lighter and high performing cars. On the contrary, high investment capital, concerns associated to establishment of processes, safety parameters, recycling weight reduction and strict regulations for emission are factors that may deter Automotive Stamped Component Industry growth. Get Free Sample @ https://www.marketresearchfuture.com/sample_request/5698 Key Players Leading players profiled in the Automotive 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. May 2019- Leading signal distribution components for industrial and vehicle applications and electrical power supplier, Royal Power Solutions has opened its new assembly plant in Mexico. Currently, the facility assembles studded eyelets for various Tier I and II manufacturers, molded
plastic covers and automotive battery terminal systems. The company will soon start automotive stamping processes to assemble automobile connection systems and components fully. Market Segmentation MRFR report provides an extensive segmental analysis of the Automotive 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 Automotive Stamped Component Industry is segmented into progressive and single. Of these, progressive station will dominate the Automotive 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 Automotive 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 Automotive 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 Automotive 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. Access Full Report @ https://www.marketresearchfuture.com/reports/automotive-stampedcomponent-market-5698 About Market Research Future
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