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시장보고서
상품코드
1603833
세계의 자동차 금속 스탬핑 시장 전망(-2030년) : 공정별, 차종별, 지역별 세계 시장 분석Automotive Metal Stamping Market Forecasts to 2030 - Global Analysis By Process (Hot Stamping, Metal Fabrication, Sheet Metal Forming and Other Processes), Vehicle Type (Commercial Vehicles, Passenger Cars and Recreational Vehicles) and By Geography |
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Stratistics MRC에 따르면, 세계 자동차 금속 스탬핑 시장은 2024년 1,167억 9,000만 달러에 이르고, 예측 기간 동안 CAGR 7.1%로 성장하여 2030년에는 1,762억 6,000만 달러에 달할 것으로 예상됩니다.
자동차용 금속 스탬핑은 금속판을 자동차 산업을 위한 정밀하고 고품질의 부품으로 성형 및 절단하는 데 사용되는 제조 공정입니다. 금형, 프레스 및 전용 기계를 결합하여 금속을 차체 패널, 브래킷, 구조 부품 등 다양한 부품으로 프레스, 굽힘, 절단 및 성형하는 금속 스탬핑 공정입니다. 이 공정은 자동차 부문의 엄격한 안전, 성능 및 미적 기준을 충족하는 가볍고 내구성이 뛰어난 부품을 생산하는 데 필수적입니다.
국제에너지기구(IEA)가 매년 발표하는 '세계 전기차 전망' 최신판에 따르면, 2022년 세계 전기차 판매량은 1,100만 대를 넘어설 것이며, 2023년 판매량은 35% 증가한 1,400만 대에 달할 것으로 예측됩니다.
고강도 합금의 개발
고강도 합금의 개발은 자동차 부품에 더 강하고, 더 가볍고, 더 튼튼한 소재를 제공함으로써 자동차 금속 스탬핑 가공을 향상시키고 있습니다. 고급 고장력강(AHSS) 및 알루미늄 기반 복합재와 같은 고강도 합금은 성형성을 유지하면서 우수한 인장 강도를 제공하여 자동차 제조에 사용되는 복잡한 스탬핑 공정에 이상적입니다. 이러한 합금은 안전과 성능의 저하 없이 자동차 부품의 경량화를 가능하게 하여 자동차 제조업체가 점점 더 엄격해지는 연비 및 배기가스 배출 기준을 충족하는 데 도움을 주고 있습니다.
원자재 가격 변동
원자재 가격의 변동은 자동차 금속 스탬핑 산업에 큰 영향을 미쳐 생산 비용 상승과 공급망 불안정성을 초래할 수 있습니다. 금속 스탬핑 가공은 철강, 알루미늄, 구리 등 원자재에 크게 의존하고 있으며, 그 가격은 세계 시장 세력, 무역 정책, 수요 및 공급 역학에 영향을 받습니다. 이러한 원자재 가격이 예측할 수 없을 정도로 급등하면 제조업체는 비용 효율성과 가격 설정의 일관성을 유지해야 하는 문제에 직면하게 됩니다. 변동은 수익률을 낮추고 장기 계약과 예측 모델을 방해하고 미래 생산 계획을 세우는 데 어려움을 겪게 됩니다.
경량화 자동차에 대한 수요 증가
자동차 제조업체들이 연비 향상과 이산화탄소 배출량 감소에 초점을 맞추고 있는 가운데, 차량 경량화를 위해 더 가벼운 소재를 사용하는 것이 중요해지고 있습니다. 자동차 부품 제조의 주요 공정인 금속 스탬핑은 이러한 전환에 중요한 역할을 하고 있습니다. 알루미늄, 고강도 강철, 고급 합금과 같은 경량 금속을 정밀하게 성형할 수 있어 강하면서도 가벼운 부품을 제조하는 데 필수적입니다. 스탬핑 공정이 이러한 소재를 효율적이고 대규모로 처리할 수 있는 능력은 자동차의 성능과 안전성을 유지하면서 더 엄격한 환경 기준을 충족하고자 하는 자동차 제조업체에게 이상적인 솔루션이 될 수 있습니다.
숙련공의 부족
자동차 금속 스탬핑 산업은 숙련공공급이 제한되어 있어 큰 어려움에 직면해 있습니다. 자동차 제조업체들이 자동화, 로봇화, 정밀 스탬핑과 같은 첨단 기술을 점점 더 많이 채택함에 따라 이러한 복잡한 시스템을 운영, 유지 보수 및 최적화할 수 있는 고도로 숙련된 인력에 대한 필요성이 증가하고 있습니다. 그러나 필요한 기술 전문 지식을 갖춘 인력이 부족하고, 많은 잠재적 후보자들이 저임금, 장시간 노동, 현대적 교육 기회 부족 등의 인식으로 인해 제조업에서 경력을 쌓는 것을 꺼리고 있습니다. 이러한 기술 격차는 생산 지연과 운영 비용 상승을 초래할 뿐만 아니라 기술 혁신과 품질 관리를 방해하는 요인으로 작용하고 있습니다.
COVID-19의 영향 :
코로나19는 자동차 부품 제조에 필수적인 자동차 금속 스탬핑 산업에 큰 영향을 미쳤습니다. 세계 공급망이 끊어지면서 업계는 원자재, 특히 철강과 알루미늄 부족에 직면하여 생산 지연과 비용 증가로 이어졌습니다. 공장 폐쇄, 노동력 부족 및 건강 문제로 인해 운영이 더욱 침체되었습니다. 많은 자동차 제조업체가 생산을 축소하거나 일시적으로 중단하여 금속 스탬핑 부품에 대한 수요가 감소했습니다. 또한 자동차에 대한 소비자 수요를 둘러싼 불확실성과 변동하는 생산 일정으로 인해 공급업체가 생산량을 예측하고 조정하기가 어려웠습니다.
핫 스탬핑 부문이 예측 기간 동안 가장 큰 비중을 차지할 것으로 예상됩니다.
핫 스탬핑 부문은 예측 기간 동안 가장 큰 점유율을 차지할 것으로 예상됩니다. 핫 스탬핑은 자동차 금속 스탬핑의 중요한 기술 혁신으로 경량 및 고강도 부품의 생산을 크게 향상시킵니다. 이 공정은 강판을 고온으로 가열한 후 프레스 기계로 정확한 모양으로 눌러주는 과정입니다. 가열 된 금속(종종 붕소 합금강)은 가단성이되어 구조적 무결성을 유지하면서 복잡한 모양으로 성형 할 수 있습니다. 성형된 부품은 금형 내에서 빠르게 냉각되어 형태가 고정되고 뛰어난 인장 강도를 달성합니다. 그 결과, 경량화와 강도를 모두 갖춘 부품이 만들어지며, 경량화와 안전성이 중요한 자동차 용도에 이상적입니다.
상용차 부문은 예측 기간 동안 가장 높은 CAGR을 나타낼 것으로 예상됩니다.
상용차 부문은 예측 기간 동안 급성장할 것으로 예상됩니다. 대형, 저연비, 안전성이 높은 상용차에 대한 수요가 증가함에 따라 제조업체들은 성능 향상과 경량화를 위해 금속 스탬핑 기술을 최적화하는 데 주력하고 있습니다. 여기에는 섀시, 패널, 구조 부품과 같은 부품의 중량 대비 강도를 높이는 고급 고강도강(AHSS) 및 알루미늄 합금과 같은 고강도 소재의 사용이 포함됩니다. 또한, 정밀도를 높이고 제조 비용을 절감하기 위해 순방향 이송 금형과 같은 혁신적인 스탬핑 기술을 채택하고 있습니다.
가장 큰 점유율을 차지하는 지역 :
북미는 예측 기간 동안 가장 큰 시장 점유율을 유지할 것으로 예상되며, 전기차에 대한 수요가 증가함에 따라 자동차 제조업체는 차량의 효율성과 성능을 향상시키기 위해 더 가볍고 내구성이 뛰어난 소재로 전환하고 있으며, 이는 금속 스탬핑 기업에 새로운 기회를 제공합니다. 전기자동차에는 배터리 인클로저, 섀시 부품, 전기 모터 인클로저와 같은 특수 부품이 필요하며, 이러한 부품은 종종 첨단 금속 스탬핑 가공을 통해 생산됩니다. 이러한 부품은 가벼우면서도 강도가 필요하기 때문에 스탬핑에 적합한 고강도 강철, 알루미늄 합금 및 기타 첨단 소재에 대한 수요가 증가하고 있습니다. 또한, 전기차로의 전환은 제조 기술 혁신을 촉진하여 자동화 및 정밀 스탬핑의 발전을 촉진하고 있습니다. 이러한 요소들이 이 지역의 성장을 견인하고 있습니다.
CAGR이 가장 높은 지역 :
아시아태평양은 예측 기간 동안 가장 높은 CAGR을 보일 것으로 예상됩니다. 중국, 인도, 동남아시아 국가와 같은 국가들이 자동차 제조 역량을 강화함에 따라 고품질의 정밀 금속 스탬핑 부품에 대한 수요가 증가하고 있습니다. 자동차 금속 스탬핑은 차체 패널, 섀시 부품 및 구조 요소와 같은 주요 자동차 부품 생산에 중요한 역할을합니다. 도시화, 가처분 소득 증가, 제조 기술 향상 등의 요인으로 인해 신흥 시장에서 자동차 부문의 지역적 성장은 이러한 부품에 대한 강력한 수요를 창출하고 있습니다.
무료 맞춤형 서비스 :
이 보고서를 구독하는 고객은 다음과 같은 무료 맞춤화 옵션 중 하나를 사용할 수 있습니다.
- 기업 프로파일
- 추가 시장 기업 종합 프로파일링(최대 3개사까지)
- 주요 기업의 SWOT 분석(최대 3개사)
- 지역 세분화
- 고객의 관심에 따른 주요 국가별 시장 추정치, 예측, CAGR(주: 타당성 확인에 따라 다름)
- 경쟁사 벤치마킹
- 제품 포트폴리오, 지리적 입지, 전략적 제휴를 기반으로 한 주요 기업 벤치마킹
목차
제1장 주요 요약
제2장 서문
- 개요
- 이해관계자
- 조사 범위
- 조사 방법
- 데이터 마이닝
- 데이터 분석
- 데이터 검증
- 조사 접근
- 조사 정보원
- 1차 조사 정보원
- 2차 조사 정보원
- 전제조건
제3장 시장 동향 분석
- 성장 촉진요인
- 성장 억제요인
- 기회
- 위협
- 신흥 시장
- COVID-19의 영향
제4장 Porter의 Five Forces 분석
- 공급 기업의 교섭력
- 바이어의 교섭력
- 대체품의 위협
- 신규 진출업체의 위협
- 경쟁 기업간 경쟁 관계
제5장 세계의 자동차 금속 스탬핑 시장 : 프로세스별
- 핫 스탬핑
- 금속 가공
- 판금 성형
- 기타 프로세스
제6장 세계의 자동차 금속 스탬핑 시장 : 차종별
- 상용차
- 승용차
- 레크리에이션 차량
제7장 세계의 자동차 금속 스탬핑 시장 : 지역별
- 북미
- 미국
- 캐나다
- 멕시코
- 유럽
- 독일
- 영국
- 이탈리아
- 프랑스
- 스페인
- 기타 유럽
- 아시아태평양
- 일본
- 중국
- 인도
- 호주
- 뉴질랜드
- 한국
- 기타 아시아태평양
- 남미
- 아르헨티나
- 브라질
- 칠레
- 기타 남미
- 중동 및 아프리카
- 사우디아라비아
- 아랍에미리트(UAE)
- 카타르
- 남아프리카공화국
- 기타 중동 및 아프리카
제8장 주요 발전
- 계약/파트너십/협업/합작투자(JV)
- 인수와 합병
- 신제품 발매
- 사업 확대
- 기타 주요 전략
제9장 기업 프로파일링
- BASF SE
- Calsonic Kansei Corporation
- Hella GmbH & Co. KGaA
- Magna International Inc
- Martinrea International Inc
- Nippon Steel Corporation
- Schaeffler Group
- Shiloh Industries, Inc
- Tata AutoComp Systems Ltd
- Toyota Boshoku Corporation
LSH 24.12.13
According to Stratistics MRC, the Global Automotive Metal Stamping Market is accounted for $116.79 billion in 2024 and is expected to reach $176.26 billion by 2030 growing at a CAGR of 7.1% during the forecast period. Automotive metal stamping is a manufacturing process used to shape and cut metal sheets into precise, high-quality parts for the automotive industry. Using a combination of dies, presses, and specialized machinery, metal stamping involves stamping, bending, cutting, and forming metal into various components like body panels, brackets, and structural parts. The process is essential for producing lightweight yet durable parts that meet the stringent safety, performance, and aesthetic standards of the automotive sector.
According to the latest edition of the International Energy Agency's annual Global Electric Vehicle Outlook, the global sales of electric vehicles exceeded 11 million in 2022. It was forecasted that sales would experience a 35% growth in 2023, reaching a total of 14 million units.
Market Dynamics:
Driver:
Development of high-strength alloys
The development of high-strength alloys is enhancing automotive metal stamping by providing stronger, lighter, and more durable materials for vehicle components. High-strength alloys, such as advanced high-strength steels (AHSS) and aluminum-based composites, offer superior tensile strength while maintaining formability, making them ideal for the complex stamping processes used in automotive manufacturing. These alloys enable the production of lighter vehicle parts without compromising safety or performance, helping automakers meet increasingly stringent fuel efficiency and emissions standards.
Restraint:
Raw material price fluctuations
Raw material price fluctuations significantly impact the automotive metal stamping industry, leading to increased production costs and supply chain instability. Metal stamping relies heavily on materials like steel, aluminum, and copper, whose prices are influenced by global market forces, trade policies, and supply-demand dynamics. When these raw material prices rise unpredictably, manufacturers face challenges in maintaining cost-efficiency and pricing consistency. The volatility can erode profit margins and disrupt long-term contracts or forecasting models, making it difficult to plan for future production.
Opportunity:
Rising demand for lightweight vehicles
As automakers focus on improving fuel efficiency and reducing carbon emissions, there is a greater emphasis on using lighter materials to reduce vehicle weight. Metal stamping, a key process in manufacturing automotive parts, plays a crucial role in this transition. It allows for the precise shaping of lightweight metals such as aluminum, high-strength steel, and advanced alloys, which are essential for producing strong yet lightweight components. The ability of stamping processes to handle these materials efficiently and at scale makes it an ideal solution for automakers looking to meet stricter environmental standards while maintaining vehicle performance and safety.
Threat:
Limited availability of skilled labor
The automotive metal stamping industry is facing significant challenges due to the limited availability of skilled labor. As automotive manufacturers increasingly adopt advanced technologies such as automation, robotics, and precision stamping, the need for a highly skilled workforce capable of operating, maintaining, and optimizing these complex systems has intensified. However, there is a shortage of workers with the required technical expertise, as many potential candidates are not pursuing careers in manufacturing due to perceptions of low wages, long hours, or a lack of modern training opportunities. This skills gap not only leads to production delays and higher operational costs but also hinders innovation and quality control.
Covid-19 Impact:
The COVID-19 pandemic significantly impacted the automotive metal stamping industry, which is crucial for manufacturing vehicle components. As global supply chains were disrupted, the industry faced shortages in raw materials, particularly steel and aluminum, leading to production delays and increased costs. Factory closures, labor shortages, and health protocols further slowed down operations. Many automotive manufacturers scaled back production or halted it temporarily, reducing demand for stamped metal parts. In addition, the uncertainty surrounding consumer demand for vehicles and fluctuating production schedules made it difficult for suppliers to forecast and adjust their output.
The Hot Stamping segment is expected to be the largest during the forecast period
Hot Stamping segment is expected to dominate the largest share over the estimated period. Hot stamping is a key innovation in automotive metal stamping, significantly enhancing the production of lightweight, high-strength components. This process involves heating steel sheets to a high temperature before stamping them into precise shapes using a press. The heated metal, often a boron-alloyed steel, becomes malleable, allowing it to be formed into complex shapes while maintaining its structural integrity. Once formed, the part is rapidly cooled in a die to lock in its shape and achieve exceptional tensile strength. This results in components that are both lighter and stronger, ideal for automotive applications where weight reduction and safety are critical.
The Commercial Vehicles segment is expected to have the highest CAGR during the forecast period
Commercial Vehicles segment is estimated to grow at a rapid pace during the forecast period. As the demand for heavy-duty, fuel-efficient, and safer commercial vehicles grows, manufacturers are focusing on optimizing metal stamping techniques to improve performance and reduce weight. This involves using high-strength materials like advanced high-strength steel (AHSS) and aluminum alloys, which enhance the strength-to-weight ratio of components such as chassis, panels, and structural parts. Additionally, innovative stamping technologies, such as progressive dies, are being employed to increase precision and reduce manufacturing costs.
Region with largest share:
North America region is poised to hold the largest share of the market throughout the extrapolated period. As the demand for EVs increases, automakers are shifting to lighter, more durable materials to improve vehicle efficiency and performance, creating new opportunities for metal stamping companies. Electric vehicles require specialized parts, such as battery enclosures, chassis components, and electric motor housings, which are often produced through advanced metal stamping processes. These parts need to be lightweight yet strong, driving demand for high-strength steels, aluminum alloys, and other advanced materials, which are ideal for stamping. The shift towards EVs also encourages innovation in manufacturing techniques, fostering advancements in automation and precision stamping. These elements are boosting the regional growth.
Region with highest CAGR:
Asia Pacific region is estimated to witness the highest CAGR during the projected time frame. As countries like China, India, and Southeast Asian nations ramp up their automotive manufacturing capabilities, the demand for high-quality, precision metal stamped components is increasing. Automotive metal stamping plays a crucial role in producing key vehicle parts such as body panels, chassis components, and structural elements. The regional growth of the automotive sector in these emerging markets, driven by factors like urbanization, rising disposable incomes, and improved manufacturing technologies, is creating a robust demand for these components.
Key players in the market
Some of the key players in Automotive Metal Stamping market include BASF SE, Calsonic Kansei Corporation, Hella GmbH & Co. KGaA, Magna International Inc, Martinrea International Inc, Nippon Steel Corporation, Schaeffler Group, Shiloh Industries, Inc, Tata AutoComp Systems Ltd and Toyota Boshoku Corporation.
Key Developments:
In January 2024, GSC Steel Stamping, LLC, a minority- and family-owned company specializing in the manufacturing of automotive parts, acquired the assets of Dixien, LLC. This acquisition allows GSC Steel Stamping to maintain its 43-year legacy in the field of automotive parts stamping.
In September 2022, General Motors Co. announced an investment of USD 491 million to boost the production of steel and aluminum stamped parts for future products, including electric vehicles, at its Marion metal stamping facility in Indiana, United States.
Processes Covered:
- Hot Stamping
- Metal Fabrication
- Sheet Metal Forming
- Other Processes
Vehicle Types Covered:
- Commercial Vehicles
- Passenger Cars
- Recreational Vehicles
Regions Covered:
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- Italy
- France
- Spain
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia
- New Zealand
- South Korea
- Rest of Asia Pacific
- South America
- Argentina
- Brazil
- Chile
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- UAE
- Qatar
- South Africa
- Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
- Company Profiling
- Comprehensive profiling of additional market players (up to 3)
- SWOT Analysis of key players (up to 3)
- Regional Segmentation
- Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
- Competitive Benchmarking
- Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
- 2.1 Abstract
- 2.2 Stake Holders
- 2.3 Research Scope
- 2.4 Research Methodology
- 2.4.1 Data Mining
- 2.4.2 Data Analysis
- 2.4.3 Data Validation
- 2.4.4 Research Approach
- 2.5 Research Sources
- 2.5.1 Primary Research Sources
- 2.5.2 Secondary Research Sources
- 2.5.3 Assumptions
3 Market Trend Analysis
- 3.1 Introduction
- 3.2 Drivers
- 3.3 Restraints
- 3.4 Opportunities
- 3.5 Threats
- 3.6 Emerging Markets
- 3.7 Impact of Covid-19
4 Porters Five Force Analysis
- 4.1 Bargaining power of suppliers
- 4.2 Bargaining power of buyers
- 4.3 Threat of substitutes
- 4.4 Threat of new entrants
- 4.5 Competitive rivalry
5 Global Automotive Metal Stamping Market, By Process
- 5.1 Introduction
- 5.2 Hot Stamping
- 5.3 Metal Fabrication
- 5.4 Sheet Metal Forming
- 5.5 Other Processes
6 Global Automotive Metal Stamping Market, By Vehicle Type
- 6.1 Introduction
- 6.2 Commercial Vehicles
- 6.3 Passenger Cars
- 6.4 Recreational Vehicles
7 Global Automotive Metal Stamping Market, By Geography
- 7.1 Introduction
- 7.2 North America
- 7.2.1 US
- 7.2.2 Canada
- 7.2.3 Mexico
- 7.3 Europe
- 7.3.1 Germany
- 7.3.2 UK
- 7.3.3 Italy
- 7.3.4 France
- 7.3.5 Spain
- 7.3.6 Rest of Europe
- 7.4 Asia Pacific
- 7.4.1 Japan
- 7.4.2 China
- 7.4.3 India
- 7.4.4 Australia
- 7.4.5 New Zealand
- 7.4.6 South Korea
- 7.4.7 Rest of Asia Pacific
- 7.5 South America
- 7.5.1 Argentina
- 7.5.2 Brazil
- 7.5.3 Chile
- 7.5.4 Rest of South America
- 7.6 Middle East & Africa
- 7.6.1 Saudi Arabia
- 7.6.2 UAE
- 7.6.3 Qatar
- 7.6.4 South Africa
- 7.6.5 Rest of Middle East & Africa
8 Key Developments
- 8.1 Agreements, Partnerships, Collaborations and Joint Ventures
- 8.2 Acquisitions & Mergers
- 8.3 New Product Launch
- 8.4 Expansions
- 8.5 Other Key Strategies
9 Company Profiling
- 9.1 BASF SE
- 9.2 Calsonic Kansei Corporation
- 9.3 Hella GmbH & Co. KGaA
- 9.4 Magna International Inc
- 9.5 Martinrea International Inc
- 9.6 Nippon Steel Corporation
- 9.7 Schaeffler Group
- 9.8 Shiloh Industries, Inc
- 9.9 Tata AutoComp Systems Ltd
- 9.10 Toyota Boshoku Corporation
- 추가 시장 기업 종합 프로파일링(최대 3개사까지)
- 주요 기업의 SWOT 분석(최대 3개사)
- 고객의 관심에 따른 주요 국가별 시장 추정치, 예측, CAGR(주: 타당성 확인에 따라 다름)
- 제품 포트폴리오, 지리적 입지, 전략적 제휴를 기반으로 한 주요 기업 벤치마킹
- 데이터 마이닝
- 데이터 분석
- 데이터 검증
- 조사 접근
- 1차 조사 정보원
- 2차 조사 정보원
- 전제조건
- 미국
- 캐나다
- 멕시코
- 독일
- 영국
- 이탈리아
- 프랑스
- 스페인
- 기타 유럽
- 일본
- 중국
- 인도
- 호주
- 뉴질랜드
- 한국
- 기타 아시아태평양
- 아르헨티나
- 브라질
- 칠레
- 기타 남미
- 사우디아라비아
- 아랍에미리트(UAE)
- 카타르
- 남아프리카공화국
- 기타 중동 및 아프리카
According to Stratistics MRC, the Global Automotive Metal Stamping Market is accounted for $116.79 billion in 2024 and is expected to reach $176.26 billion by 2030 growing at a CAGR of 7.1% during the forecast period. Automotive metal stamping is a manufacturing process used to shape and cut metal sheets into precise, high-quality parts for the automotive industry. Using a combination of dies, presses, and specialized machinery, metal stamping involves stamping, bending, cutting, and forming metal into various components like body panels, brackets, and structural parts. The process is essential for producing lightweight yet durable parts that meet the stringent safety, performance, and aesthetic standards of the automotive sector.
According to the latest edition of the International Energy Agency's annual Global Electric Vehicle Outlook, the global sales of electric vehicles exceeded 11 million in 2022. It was forecasted that sales would experience a 35% growth in 2023, reaching a total of 14 million units.
Market Dynamics:
Driver:
Development of high-strength alloys
The development of high-strength alloys is enhancing automotive metal stamping by providing stronger, lighter, and more durable materials for vehicle components. High-strength alloys, such as advanced high-strength steels (AHSS) and aluminum-based composites, offer superior tensile strength while maintaining formability, making them ideal for the complex stamping processes used in automotive manufacturing. These alloys enable the production of lighter vehicle parts without compromising safety or performance, helping automakers meet increasingly stringent fuel efficiency and emissions standards.
Restraint:
Raw material price fluctuations
Raw material price fluctuations significantly impact the automotive metal stamping industry, leading to increased production costs and supply chain instability. Metal stamping relies heavily on materials like steel, aluminum, and copper, whose prices are influenced by global market forces, trade policies, and supply-demand dynamics. When these raw material prices rise unpredictably, manufacturers face challenges in maintaining cost-efficiency and pricing consistency. The volatility can erode profit margins and disrupt long-term contracts or forecasting models, making it difficult to plan for future production.
Opportunity:
Rising demand for lightweight vehicles
As automakers focus on improving fuel efficiency and reducing carbon emissions, there is a greater emphasis on using lighter materials to reduce vehicle weight. Metal stamping, a key process in manufacturing automotive parts, plays a crucial role in this transition. It allows for the precise shaping of lightweight metals such as aluminum, high-strength steel, and advanced alloys, which are essential for producing strong yet lightweight components. The ability of stamping processes to handle these materials efficiently and at scale makes it an ideal solution for automakers looking to meet stricter environmental standards while maintaining vehicle performance and safety.
Threat:
Limited availability of skilled labor
The automotive metal stamping industry is facing significant challenges due to the limited availability of skilled labor. As automotive manufacturers increasingly adopt advanced technologies such as automation, robotics, and precision stamping, the need for a highly skilled workforce capable of operating, maintaining, and optimizing these complex systems has intensified. However, there is a shortage of workers with the required technical expertise, as many potential candidates are not pursuing careers in manufacturing due to perceptions of low wages, long hours, or a lack of modern training opportunities. This skills gap not only leads to production delays and higher operational costs but also hinders innovation and quality control.
Covid-19 Impact:
The COVID-19 pandemic significantly impacted the automotive metal stamping industry, which is crucial for manufacturing vehicle components. As global supply chains were disrupted, the industry faced shortages in raw materials, particularly steel and aluminum, leading to production delays and increased costs. Factory closures, labor shortages, and health protocols further slowed down operations. Many automotive manufacturers scaled back production or halted it temporarily, reducing demand for stamped metal parts. In addition, the uncertainty surrounding consumer demand for vehicles and fluctuating production schedules made it difficult for suppliers to forecast and adjust their output.
The Hot Stamping segment is expected to be the largest during the forecast period
Hot Stamping segment is expected to dominate the largest share over the estimated period. Hot stamping is a key innovation in automotive metal stamping, significantly enhancing the production of lightweight, high-strength components. This process involves heating steel sheets to a high temperature before stamping them into precise shapes using a press. The heated metal, often a boron-alloyed steel, becomes malleable, allowing it to be formed into complex shapes while maintaining its structural integrity. Once formed, the part is rapidly cooled in a die to lock in its shape and achieve exceptional tensile strength. This results in components that are both lighter and stronger, ideal for automotive applications where weight reduction and safety are critical.
The Commercial Vehicles segment is expected to have the highest CAGR during the forecast period
Commercial Vehicles segment is estimated to grow at a rapid pace during the forecast period. As the demand for heavy-duty, fuel-efficient, and safer commercial vehicles grows, manufacturers are focusing on optimizing metal stamping techniques to improve performance and reduce weight. This involves using high-strength materials like advanced high-strength steel (AHSS) and aluminum alloys, which enhance the strength-to-weight ratio of components such as chassis, panels, and structural parts. Additionally, innovative stamping technologies, such as progressive dies, are being employed to increase precision and reduce manufacturing costs.
Region with largest share:
North America region is poised to hold the largest share of the market throughout the extrapolated period. As the demand for EVs increases, automakers are shifting to lighter, more durable materials to improve vehicle efficiency and performance, creating new opportunities for metal stamping companies. Electric vehicles require specialized parts, such as battery enclosures, chassis components, and electric motor housings, which are often produced through advanced metal stamping processes. These parts need to be lightweight yet strong, driving demand for high-strength steels, aluminum alloys, and other advanced materials, which are ideal for stamping. The shift towards EVs also encourages innovation in manufacturing techniques, fostering advancements in automation and precision stamping. These elements are boosting the regional growth.
Region with highest CAGR:
Asia Pacific region is estimated to witness the highest CAGR during the projected time frame. As countries like China, India, and Southeast Asian nations ramp up their automotive manufacturing capabilities, the demand for high-quality, precision metal stamped components is increasing. Automotive metal stamping plays a crucial role in producing key vehicle parts such as body panels, chassis components, and structural elements. The regional growth of the automotive sector in these emerging markets, driven by factors like urbanization, rising disposable incomes, and improved manufacturing technologies, is creating a robust demand for these components.
Key players in the market
Some of the key players in Automotive Metal Stamping market include BASF SE, Calsonic Kansei Corporation, Hella GmbH & Co. KGaA, Magna International Inc, Martinrea International Inc, Nippon Steel Corporation, Schaeffler Group, Shiloh Industries, Inc, Tata AutoComp Systems Ltd and Toyota Boshoku Corporation.
Key Developments:
In January 2024, GSC Steel Stamping, LLC, a minority- and family-owned company specializing in the manufacturing of automotive parts, acquired the assets of Dixien, LLC. This acquisition allows GSC Steel Stamping to maintain its 43-year legacy in the field of automotive parts stamping.
In September 2022, General Motors Co. announced an investment of USD 491 million to boost the production of steel and aluminum stamped parts for future products, including electric vehicles, at its Marion metal stamping facility in Indiana, United States.
Processes Covered:
- Hot Stamping
- Metal Fabrication
- Sheet Metal Forming
- Other Processes
Vehicle Types Covered:
- Commercial Vehicles
- Passenger Cars
- Recreational Vehicles
Regions Covered:
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- Italy
- France
- Spain
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia
- New Zealand
- South Korea
- Rest of Asia Pacific
- South America
- Argentina
- Brazil
- Chile
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- UAE
- Qatar
- South Africa
- Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
- Company Profiling
- Comprehensive profiling of additional market players (up to 3)
- SWOT Analysis of key players (up to 3)
- Regional Segmentation
- Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
- Competitive Benchmarking
- Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
- 2.1 Abstract
- 2.2 Stake Holders
- 2.3 Research Scope
- 2.4 Research Methodology
- 2.4.1 Data Mining
- 2.4.2 Data Analysis
- 2.4.3 Data Validation
- 2.4.4 Research Approach
- 2.5 Research Sources
- 2.5.1 Primary Research Sources
- 2.5.2 Secondary Research Sources
- 2.5.3 Assumptions
3 Market Trend Analysis
- 3.1 Introduction
- 3.2 Drivers
- 3.3 Restraints
- 3.4 Opportunities
- 3.5 Threats
- 3.6 Emerging Markets
- 3.7 Impact of Covid-19
4 Porters Five Force Analysis
- 4.1 Bargaining power of suppliers
- 4.2 Bargaining power of buyers
- 4.3 Threat of substitutes
- 4.4 Threat of new entrants
- 4.5 Competitive rivalry
5 Global Automotive Metal Stamping Market, By Process
- 5.1 Introduction
- 5.2 Hot Stamping
- 5.3 Metal Fabrication
- 5.4 Sheet Metal Forming
- 5.5 Other Processes
6 Global Automotive Metal Stamping Market, By Vehicle Type
- 6.1 Introduction
- 6.2 Commercial Vehicles
- 6.3 Passenger Cars
- 6.4 Recreational Vehicles
7 Global Automotive Metal Stamping Market, By Geography
- 7.1 Introduction
- 7.2 North America
- 7.2.1 US
- 7.2.2 Canada
- 7.2.3 Mexico
- 7.3 Europe
- 7.3.1 Germany
- 7.3.2 UK
- 7.3.3 Italy
- 7.3.4 France
- 7.3.5 Spain
- 7.3.6 Rest of Europe
- 7.4 Asia Pacific
- 7.4.1 Japan
- 7.4.2 China
- 7.4.3 India
- 7.4.4 Australia
- 7.4.5 New Zealand
- 7.4.6 South Korea
- 7.4.7 Rest of Asia Pacific
- 7.5 South America
- 7.5.1 Argentina
- 7.5.2 Brazil
- 7.5.3 Chile
- 7.5.4 Rest of South America
- 7.6 Middle East & Africa
- 7.6.1 Saudi Arabia
- 7.6.2 UAE
- 7.6.3 Qatar
- 7.6.4 South Africa
- 7.6.5 Rest of Middle East & Africa
8 Key Developments
- 8.1 Agreements, Partnerships, Collaborations and Joint Ventures
- 8.2 Acquisitions & Mergers
- 8.3 New Product Launch
- 8.4 Expansions
- 8.5 Other Key Strategies
9 Company Profiling
- 9.1 BASF SE
- 9.2 Calsonic Kansei Corporation
- 9.3 Hella GmbH & Co. KGaA
- 9.4 Magna International Inc
- 9.5 Martinrea International Inc
- 9.6 Nippon Steel Corporation
- 9.7 Schaeffler Group
- 9.8 Shiloh Industries, Inc
- 9.9 Tata AutoComp Systems Ltd
- 9.10 Toyota Boshoku Corporation
