Metal Forming Market Trends, Size, Competitive Analysis and Forecast - 2019-2025
The Metal Forming Market is expected to grow at a CAGR of 3.2% on a value basis over the forecast period. The market is estimated at $172.5 billion in 2018 and is expected to reach $2022 billion by 2025. The driving force of the automotive metal forming market is the increase in vehicle production and the increasing trend of vehicle weight reduction.
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Metal forming the market for automotive is dominated by manufacturers such as Magna (Canada),
Benteler (Germany), Tower International (UK), Toyota Boshoku (Japan), Aisin
Seiki (Japan). Most of the manufacturers are undertaking inorganic developments
such as expansion, joint venture, and supply contract. The key strategies
adopted by these companies to sustain their market position are new product
developments, collaborations, and contracts & agreements.
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Metal Forming Market Key
Segments:
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
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Metal
Forming Market Report
·
What was the Metal
Forming Market size in 2018 and 2019; what are the estimated growth trends and
market forecast (2019-2025).
·
What will be
the CAGR of Metal Forming Market during the forecast period (2019-2025)?
·
Which
segments (product type/applications/end-user) were most attractive for
investments in 2018? How are these segments are expected to grow during the
forecast period (2019-2025)?
·
Which
manufacturer/vendor/players in the Metal Forming Market was the market leader
in 2018?
· Overview of the existing product portfolio, products in the pipeline, and strategic initiatives are taken by key vendors in the market.
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