The automotive metal stamping market is expected to register a CAGR of over 3% during the forecast period 2021-2027. The growth of the automotive metal stamping market can be attributed to the reduction in manufacturing costs by transforming sheet metal into shapes and sizes in response to increasing demand and requirements of the automotive industry. It also helps to increase fuel efficiency in the automotive industry. The industry is highly influenced by metal consumption patterns in all applications segments. Automotive industry has traditionally been reliant on metals such as steel, cast iron, aluminum and titanium for manufacturing & assembling various machinery, equipment and tools.
A full report of Automotive Metal Stamping Market available at https://www.orionmarketreports.com/automotive-metal-stamping-market/57564/
Major Players:
• Amcor
• Bemis
• MTS Medication Technologies
• Reynolds Packaging
• Sonoco
• WestPack
Automotive Metal Stamping Market: Segmentation
By Technique type
• Roll Forming
• Stretch Forming
• Stamping
• Deep Drawing
• Hydroforming
• Others
By Application type
• BIW
• Chassis
• Closures
• Others
By Electric & Hybrid Vehicle type
• Fuel Cell Electric Vehicle (FCEV)
• Plug-in Hybrid Electric Vehicle (PHEV)
• Battery Electric Vehicle (BEV)
By ICE Vehicle type
• Passenger Car
• LCV
• Truck
• Bus
By Forming type
• Cold Forming
• Hot Forming
• Warm Forming
By Material type
• Steel
• Aluminum
• Magnesium
• Others
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
