Market Size –
The motor vehicle body, stamped metal & other parts market size has grown strongly in recent years. It will grow from $1430.72 billion in 2023 to $1531.01 billion in 2024 at a compound annual growth rate (CAGR) of 7.0%. The growth in the historic period can be attributed to increased automotive production, economic cycles, technological advancements, environmental regulations, consumer preferences.
The motor vehicle body, stamped metal & other parts market size is expected to see strong growth in the next few years. It will grow to $1953.74 billion in 2028 at a compound annual growth rate (CAGR) of 6.3%. The growth in the forecast period can be attributed to increasing demand for electric vehicles (evs), sustainability, global supply chain disruptions, trade policies, digitalization and industry 4.0, customer experience and customization. Major trends in the forecast period include electrification and lightweighting, advanced materials, additive manufacturing, digitalization and connectivity, collaboration and partnerships, .
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Scope Of Motor Vehicle Body, Stamped Metal & Other Parts Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Motor Vehicle Body, Stamped Metal & Other Parts Market Overview
Market Drivers –
Advances in technology are expected to be a continued driver of market growth in the forecast period. The motor vehicle body, metal stamping, and other parts industry has experienced many technological advances in the last decade, and this trend is expected to intensify. According to Forbes, the ten new features to expect in vehicles by 2021 include blind-spot monitoring; heated seats; front and rear parking sensors; all-wheel or four-wheel drive; lane-departure warning; apple carplay and/or android auto ; power front passenger seat; led accent lights; ventilated or cooled seats; memory driver’s seat. These innovations are expected to drive the motor vehicle body, metal stamping, and other parts market during the forecast period.
The motor vehicle body, stamped metal & other parts market covered in this report is segmented –
1) By Type: Motor Vehicle Body, Stamped Metal, Other Parts
2) By Application: Passenger Vehicle, Commercial Vehicle
3) By End Use: OEM, Aftermarket
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Regional Insights –
Asia-Pacific was the largest region in the motor vehicle body, stamped metal, & other parts market in 2023. Western Europe was the second largest market in motor vehicle body, stamped metal, & other parts market. The regions covered in the motor vehicle body, stamped metal, & other parts market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, Africa.
Key Companies –
Major companies operating in the motor vehicle body, stamped metal & other parts market include General Motors Co., Tenneco Inc., Magna International Inc., Lear Corporation, Faurecia SA, Continental AG, Mitsubishi Motors Corp, Plastic Omnium SA, Autoliv Inc., AISIN Seiki Co. Ltd., FCA Warren Stamping Plant, Ford Motor Company, Martinrea Heavy Stampings Inc., Challenge Manufacturing Company, ArtiFlex Manufacturing LLC, Gestamp Chattanooga LLC, Quality Metalcraft Inc., Shiloh Industries Inc., PDQ Tool & Stamping Co., Integrity Manufacturing, Alcoa Inc., ACRO Engineering Company, Lindy Manufacturing Company Inc., Autokiniton, ThyssenKrupp AG, Schaeffler AG, Benteler Automotive Corporation, Kenmode Precision Metal Stamping, Gestamp Servicios SA.
Table of Contents
1. Executive Summary
2. Motor Vehicle Body, Stamped Metal & Other Parts Market Report Structure
3. Motor Vehicle Body, Stamped Metal & Other Parts Market Trends And Strategies
4. Motor Vehicle Body, Stamped Metal & Other Parts Market – Macro Economic Scenario
5. Motor Vehicle Body, Stamped Metal & Other Parts Market Size And Growth
…..
27. Motor Vehicle Body, Stamped Metal & Other Parts Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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