India Automotive Stamping Industry Analysis 2022, Market Growth, Trends, Opportunities Forecast to 2028
NEW JERSEY, UNITED STATES, July 28, 2022 /EINPresswire.com/ — Description
New Research Study “”India Automotive stamping Market, By Stamping Type (Hot Stamping and Cold Stamping), By Vehicle Type (Passenger Vehicles, Commercial Vehicles, Three Wheelers and Two Wheelers), by Material Type (Steel, Aluminum and Others), by Process Type (Progressive Die Stamping, Transfer Stamping and Tandem Stamping) and by Material Type (Body Stamping, (BIW Parts and Chassis), Non-body Stamping (Engine Parts, Transmission & Steering Parts, Braking & Suspension Parts, Electrical Parts, Fuel Delivery, Emission & Filtration, Safety, Equipment & Seating System, Lighting Components and Cooling System)) – Size, Share, Outlook, and Opportunity Analysis, 2022 – 2028″” has been added to Coherent Market insight
Automotive stamping is a type of metal stamping, a method of processing sheet metals and converting them into different shapes and sizes according to specific needs and applications in automobiles. Metal stamping includes five major processes such as flanging, coining, bending, embossing, and blanking among others. Automotive stamping is used to manufacture a wide range of products (from sheet metal) such as fuel delivery systems, brake shoes, exhaust systems, valves, fenders, roofs, plate holders, and brackets. A variety of processes are used in automotive stamping such as tandem stamping, transfer stamping, hot stamping, cold stamping, and progressive die stamping.
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Since the automotive industry in India is growing at a rapid pace, both automotive production and sales have increased significantly in the recent past. The increasing demand for passenger vehicles and an increase in production and sales of vehicles is a major driving factor for the market. Around 4.4 million passenger cars and commercial vehicles were sold in India in 2018. Moreover, according to the Society of Indian Automobile Manufacturers (SIAM), passenger vehicle sales in India increased by 26.45% to 272,027 units in September 2020, in comparison to 215,124 units in September 2019. Furthermore, the rising trend of engine downsizing for lighter and better fuel-efficient vehicles is expected to augment the India automotive stamping market.
The report titled “India Automotive stamping Market” offers a primary overview of the industry, covering different product definitions, classifications, and participants in the industry chain structure. The quantitative and qualitative analysis is provided for the global India Automotive stamping market considering competitive landscape, development trends, and key critical success factors (CSFs) prevailing in the India Automotive stamping industry. Global India Automotive stamping Market Report 2022 comes with the extensive industry analysis of development components, patterns, flows and sizes. The report also calculates present and past market values to forecast potential market management through the forecast period between 2022-2028
Major Key players in this Market:
◘ Automotive Stampings and Assemblies Ltd.
◘ JBM Group
◘ Klt Automotive And Tubular Products Limited
◘ Autocomp Corporation Panse Pvt. Ltd.
◘ Omax Auto Ltd.
◘ Mahindra CIE Automotive Limited
◘ Sona Koyo Steering Systems Limited
◘ Harsha Engineers Limited
◘ Tata Autocomp Systems Limited
◘ Cosma International (India) Private Limited
◘ Yeshshree Press Comps Private Limited
◘ Gestamp Automobile India Private Limited
◘ Surin Automotive Private Limited
◘ Skh Metals Limited
◘ Caparo India.
The rapid growth of the automotive sector and the rising investments in automotive metal stamping are also positively impacting the growth of the market. India has always been a major player in the manufacturing, design, and production of automobile parts. With the rapid growth in the number of car manufacturing companies in India, the demand for metal stamping companies in India also shot up. As a result, several manufacturers from all around the world are looking forward to investing in India. For instance, in February 2017, Gestamp (a Spanish company) opened a new hot stamping plant in India to provide stamped components to auto giants such as Tata, Ford, and FCA (Fiat Chrysler Automobile).
Major players involved in the market are focused on mergers and acquisitions to enhance their market presence. For instance, in 2019, Jay Bharat Maruti (JBM) Group acquired a 60% interest in Germany based Linde-Wiemann GmbH KG to enhance its market presence. Linde-Wiemann specializes in niche areas of auto systems, including using alternative materials such as aluminum to lightweight auto systems. Moreover, in 2019, Tata Autocomp Systems Ltd. teamed up with Fortaco Group to manufacture safety cabins for off-highway vehicles in India.
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India automotive stamping Market, Detailed Segmentation:
By stamping type:
◘ Hot Stamping
◘ Cold Stamping
By vehicle type:
◘ Passenger Car
By Material Type:
By Process Type:
◘ Progressive Die Stamping
◘ Transfer Stamping
◘ Tandem Stamping
The market is analysed based on its worldwide presence in countries such as North America (United States, Canada, and Rest of North America), Europe (Germany, France, Spain, United Kingdom, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, and Rest of APAC), and Rest of the World for a better understanding of the market adoption of India Automotive stamping . Due to increased India Automotive stamping expenditures, Asia-Pacific will lead the India Automotive stamping market. Furthermore, favourable government policies in Japan and Korea that encourage the expansion and development of the IT sectors move the industry forward.
◘ An up-to-date detailed analysis of the global markets for India Automotive stamping .
◘ Analyses of global market trends, including data from 2018 and 2021, predictions for 2022 and 2024, and compound annual growth rates (CAGRs) through 2028.
◘ The worldwide India Automotive stamping market size is estimated and forecasted, with market share analysis by India Automotive stamping type, component, application, end-user industry, and geographic area.
◘ Highlights of the industry’s market potential for India Automotive stamping , emerging applications, technological advancements, and strategic innovations
◘ COVID-19 consequences on market advancement and assessment of feasible technological drivers through a comprehensive examination of numerous India Automotive stamping specialised applications for new and existing sub-parts.
◘ Recent industry structure, present competitive landscape, R&D activities, significant growth initiatives, and business value share analysis based on segmental sales are all included.
◘ Review of patents granted for India Automotive stamping , and assessment of new developments within the industry, as well as new advances in the sector.
◘ Company profiles of the the world’s leading global players are Automotive Stampings and Assemblies Ltd., JBM Group, Klt Automotive And Tubular Products Limited, Autocomp Corporation Panse Pvt. Ltd., Omax Auto Ltd., Mahindra CIE Automotive Limited, Sona Koyo Steering Systems Limited, Harsha Engineers Limited, Tata Autocomp Systems Limited, Cosma International (India) Private Limited, Yeshshree Press Comps Private Limited, Gestamp Automobile India Private Limited, Surin Automotive Private Limited, Skh Metals Limited, and Caparo India.
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Table of Contents with Major Points:
1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2028 (USD Billion)
1.2.1. India Automotive stamping Market, by Region, 2018-2028 (USD Billion)
1.2.2. India Automotive stamping Market, by Type, 2018-2028 (USD Billion)
1.2.3. India Automotive stamping Market, by Application, 2018-2028 (USD Billion)
1.2.4. India Automotive stamping Market, by Verticles, 2018-2028 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
2. Global India Automotive stamping Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
3. Global India Automotive stamping Market Dynamics
3.1. India Automotive stamping Market Impact Analysis (2018-2028)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
4. Global India Automotive stamping Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2028)
4.2. PEST Analysis
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
5. Global India Automotive stamping Market, by Type
5.1. Market Snapshot
5.2. Global India Automotive stamping Market by Type, Performance – Potential Analysis
5.3. Global India Automotive stamping Market Estimates & Forecasts by Type 2018-2028 (USD Billion)
5.4. India Automotive stamping Market, Sub Segment Analysis
6. Global India Automotive stamping Market, by Application
6.1. Market Snapshot
6.2. Global India Automotive stamping Market by Application, Performance – Potential Analysis
6.3. Global India Automotive stamping Market Estimates & Forecasts by Application 2018-2028 (USD Billion)
6.4. India Automotive stamping Market, Sub Segment Analysis
7. Global India Automotive stamping Market, by Verticles
7.1. Market Snapshot
7.2. Global India Automotive stamping Market by Verticles, Performance – Potential Analysis
7.3. Global India Automotive stamping Market Estimates & Forecasts by Verticles 2018-2028 (USD Billion)
7.4. India Automotive stamping Market, Sub Segment Analysis
8. Global India Automotive stamping Market, Regional Analysis
8.1. India Automotive stamping Market, Regional Market Snapshot
8.2. North America India Automotive stamping Market
8.3. Europe India Automotive stamping Market Snapshot
8.4. Asia-Pacific India Automotive stamping Market Snapshot
8.5. Latin America India Automotive stamping Market Snapshot
8.6. Rest of The World India Automotive stamping Market
9. Competitive Intelligence
9.1. Top Market Strategies
9.2. Company Profiles
188.8.131.52. Key InDurationation
184.108.40.206. Financial (Subject to Data Availability)
220.127.116.11. Product Summary
18.104.22.168. Recent Developments
10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.3. Market Estimation
10.2. Research Attributes
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