The Automotive Body Stamping industry was 256,800 million USD in 2017 and is projected to reach 325,330 million USD by 2025, at a CAGR (Compounded Annual Growth Rate) of 3% between 2017 and 2025. The market is driven by various end-user industries, such as OEM and Aftermarket.
The industry is concentration, the key brand include VW, Toyota, General Motors, Ford Motor, Nissan, FCA, Hyundai Motor, Honda, Renault, Suzuki, PSA and so on. Among them, VW, Toyota, General Motors and Honda are the leaders.
The leading companies own the advantages on better performance, more abundant product’s types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market. Looking to the future years, the slow downward price trend in recent years will maintain. As competition intensifies, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.
The industry is expected to remain innovation-led, with frequent acquisitions and strategic alliances adopted as the key strategies by the players to increase their industry presence. Market stays in mature period with a clear concentration. Meanwhile, optimize product mix and further develop value-added capabilities to maximize margins.
The Global Automotive Body Stamping Market Research Report 2018 report released by QYResearch provides a basic overview of the Automotive Body Stamping industry, including definition, classification, application and industrial chain structure. Discuss development policies and plans as well as manufacturing processes and cost structures.
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The report then focuses on major industry players in Global, including company profiles, product images and specifications, sales, market share, and contact information. More importantly, the Automotive Body Stamping industry development trends and marketing channels were analyzed. Providing the main statistical data on the current status of the industry is a valuable guide and direction for companies and individuals interested in the market.
Stamping (also known as pressing) is the process of placing flat sheet metal in either blank or coil form into a stamping press where a tool and die surface forms the metal into a net shape. Stamping includes a variety of sheet-metal forming manufacturing processes, such as punching using a machine press or stamping press, blanking, embossing, bending, flanging, and coining. This could be a single stage operation where every stroke of the press produces the desired form on the sheet metal part, or could occur through a series of stages. The process is usually carried out on sheet metal, but can also be used on other materials, such as polystyrene.
The stamping process plays a major role in determining the efficiency of automotive body part production.
In the next few years, Automotive Body Stamping industry will maintain increasing at a relatively high growth rate. Investors are still optimistic about this area; the future will still have more new investment enter the field.
The global average price of Automotive Body Stamping is in the decreasing trend, and the average price is 2600 USD/Unit in 2017. With the situation of global economy and the investment of technology, the price will be decreasing trend in the following five years.
The classification of Automotive Body Stamping includes Carbon Steel and Aluminum. The proportion of Carbon Steel in 2017 is about 94.75%. Aluminum is cheaper than Carbon Steel, which is lighter.
Automotive Body Stamping are widely used in Passenger Vehicle and Commercial Vehicle. The more than half of Automotive Body Stamping is used in Passenger Vehicle, and the sales proportion in 2017 is about 81.7%.
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