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289.2 Billion USD, Metal Stamping Market Size and Analysis - 2023, leading companies are Magna International, Alcoa, AAM - American Axle & Manufacturing, Interplex, Kenmode Precision Metal Stamping, Aro Metal Stamping, Sertec Group Ltd
Large and Growing Automotive Industry Fuels the Growth of Global Metal Stamping Market
According to the International Organization of Motor Vehicle Manufacturers (OICA), the sales/registrations of new vehicles have increased to 97,302,534 vehicles globally in 2017, from 74,971,523 vehicles in 2010. The Asia-pacific region has registered the rapid growth in sales of all types of vehicles in the recent past. The sales/registrations of all types of new vehicles in the Asia-Pacific and Middle East countries has increased to 46,858 thousand vehicles in 2016, from 35,192 thousand vehicles in 2010. Similarly, according to the International Organization of Motor Vehicle Manufacturers (OICA), the worldwide production of cars has increased to 72,105,435 cars in 2016, from 58,239,494 cars in 2010. The worldwide production of commercial vehicles has also increased to 22,871,134 vehicles in 2016, from 19,344,025 vehicles in 2010. This growing automotive industry relatively increases the demand for auto components from automobile manufacturers and original equipment manufacturers.
Research study available at https://www.meticulousresearch.com/download-sample-report/?cp_id=4315
Top players analysed here are:
Magna International
Alcoa
AAM - American Axle & Manufacturing
Interplex
Acro Metal Stamping Company
Tempco Manufacturing
D&H Industries
American Industrial Company
Manor Tool and Manufacturing Company
Kenmode Precision Metal Stamping
Klesk Metal Stamping
Aro Metal Stamping
Goshen Stamping Company, Inc.
Sertec Group Ltd
KOBAKIN
Harvey Vogel Manufacturing Co
eecco
Clow Stamping Company.
This research report analyzes major geographies and provides a comprehensive analysis of North America (U.S., Canada), Europe (Spain, France, Italy, Germany, U.K., and RoE), Asia-Pacific (China, India, Japan, and RoAPAC), Latin America, and Middle East & Africa. Asia Pacific commanded the largest share of the global metal stamping market in 2017, followed by Europe and North America; it is also a fastest growing region. The global shift of manufacturing from North America & Europe to Asia-Pacific region and related rise in the use of metals & metal stamping processes in the manufacturing are majorly attributed to the large share of this region. In addition, rising industrialization, income level, and urbanization; significantly growing automotive and aerospace & aviation industry; infrastructural developments; growing private & government investments in manufacturing sector; and growing demand for various consumer goods from large population base are the key factors propelling the growth of the Asia-Pacific metal stamping market.
Research study available at https://www.meticulousresearch.com/download-sample-report/?cp_id=4315
About Meticulous Research®
Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.
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Email: khushal@meticulousresearch.com
Contact: +1-646-781-8004
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