Press release
Motor Vehicle Body, Stamped Metal & Other Parts Market Landscape to 2034: Key Forces Shaping the Next Decade of Growth
motor vehicle body, stamped metal & other parts Market
How Large Will the Motor Vehicle Body, Stamped Metal & Other Parts Market Size By 2025?
In recent times, the market size for motor vehicle body, stamped metal & other parts has seen considerable growth. The market, which is projected to rise from $1539.39 billion in 2024 to $1650.81 billion in 2025, is experiencing a compound annual growth rate (CAGR) of 7.2%. Factors such as heightened automotive production, economic fluctuations, technological progress, environmental policies, and shifts in consumer tastes are credited for the observed growth in the historic period.
How Big Is the Motor Vehicle Body, Stamped Metal & Other Parts Market Size Expected to Grow by 2029?
Over the coming years, the market size for the motor vehicle body, stamped metal & other parts is predicted to experience significant growth. With a compound annual growth rate (CAGR) of 6.2%, it is projected to reach $2103.08 billion by 2029. Factors contributing to the growth in this forecast period include a rising demand for electric vehicles, sustainability, disruptions in the global supply chain, trade policies, digitalization, and industry 4.0. Customization and customer experience are also pivotal factors. There are significant trends forecasted for this period, such as electrification and lightweighting, advanced materials, additive manufacturing, as well as digitalization and connectivity. It's also expected there will be an increase in collaborations and partnerships.
View the full report here:
https://www.thebusinessresearchcompany.com/report/motor-vehicle-body-stamped-metal-other-parts-global-market-report
Which Key Market Drivers Powering Motor Vehicle Body, Stamped Metal & Other Parts Market Expansion and Growth?
The surge in demand for electric vehicles (EV) is projected to spur the expansion of the motor vehicle body, stamped metal, and other components market in the future. An electric vehicle (EV) is a type of vehicle that is fueled by one or more electric motors, using electricity retained in batteries or other energy storage devices as its main energy source. Electric vehicles (EVs) employ innovative motor vehicle body forms, stamped metal, and other specific parts to establish lightweight frames, enhanced aerodynamics, and superior performance, coordinating with the exclusive requirements of electric drivetrains and battery systems. For example, in July 2023, the International Energy Agency, an intergovernmental organization based in France, stated that electric vehicle sales were 10 million in 2022, and predicted an ascendance to 14 million electric vehicle sales in 2023. Consequently, the escalating demand for electric vehicles (EVs) is catalyzing the expansion of the motor vehicle body, stamped metal, and other parts market.
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=2953&type=smp
Which Fast-Growing Trends Are Poised to Disrupt the Motor Vehicle Body, Stamped Metal & Other Parts Market?
The use of IoT technology by motor vehicle parts manufacturers enhances their operational efficiency by minimizing unplanned downtimes. IoT, a system of interconnected devices that can gather and share data without human intervention or assistance, offers real-time information about manufacturing processes, which has proven to be beneficial for automobile parts manufacturers. These manufacturers can also harness the IoT to gather data on wear and tear, thus preventing equipment malfunctions. For example, Germany-based car parts manufacturer Robert Bosch joined forces with software company SAP to integrate their manufacturing machines, tools, and vehicles with SAP's back-end software. The IoT technology utilizes SAP's real-time HANA database to observe and aid in the production of automobile parts. Projections show that by 2023, the global automotive IoT market would be worth 106.32 billion. Reports from IDC and SAP reveal that 60% of manufacturers globally employ analytics data from IoT-linked machines to scrutinize their manufacturing operations.
What Are the Emerging Segments in the Motor Vehicle Body, Stamped Metal & Other Parts Market?
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, After market
Subsegments:
1) By Motor Vehicle Body: Full Vehicle Body, Chassis, Structural Components
2) By Stamped Metal: Outer Body Panels, Inner Body Panels, Structural Parts, Sheet Metal Components
3) By Other Parts: Engine Components, Suspension Components, Exhaust System Components, Transmission Components
Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=2953&type=smp
Who Are the Global Leaders in the Motor Vehicle Body, Stamped Metal & Other Parts Market?
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.
Which are the Top Profitable Regional Markets for the Motor Vehicle Body, Stamped Metal & Other Parts Industry?
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.
Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=2953
"This Report Supports:
1.Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2.Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work."
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Motor Vehicle Body, Stamped Metal & Other Parts Market Landscape to 2034: Key Forces Shaping the Next Decade of Growth here
News-ID: 4150588 • Views: …
More Releases from The Business Research Company
Future of the Renal Denervation Devices Market: Strategic Analysis and Forecast …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Renal Denervation Devices Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market for renal denervation devices has witnessed a substantial expansion in recent times. The market, from being valued at $0.55 billion in 2024, is projected to escalate to $0.74 billion by 2025, exhibiting…
Emerging Trends to Drive Tuberculosis Diagnostics Market Growth at 7.7% CAGR Thr …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Tuberculosis Diagnostics Market Size Growth Forecast: What to Expect by 2025?
Over the past few years, the tuberculosis diagnostics market has seen substantial growth. Projected growth suggests an increase from $2.21 billion in 2024 to $2.34 billion in 2025, at a compound annual growth rate (CAGR) of 5.9%. Factors…
Comprehensive Surgical Sealants And Adhesives Market Forecast 2025-2034: Growth …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Surgical Sealants And Adhesives Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
In the past few years, the market size of surgical sealants and adhesives has seen significant growth. The market, which currently stands at $2.75 billion in 2024, is expected to increase to $2.96…
Key Trends Influencing the Growth of the Preoperative Infection Prevention And W …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Preoperative Infection Prevention And Wound Cleansing Devices Market Through 2025?
In the past few years, there has been significant growth in the market size of preoperative infection prevention and wound cleaning devices. The market is projected to expand from $2.18 billion in…
More Releases for Motor
SUV Market 2021 Precise Outlook- Honda Motor, Toyota Motor, Nissan Motor, Ford M …
The report presents an in-depth assessment of the SUV Market including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for SUV from 2021 till 2027. The report covers the pre COVID-19 historic data, impact of COVID-19 and post-COVID-19 (Corona Virus) impact on various regions and major countries and…
Electric Vehicle Motor Market by Type (Alternate Current (AC) Motor (Synchronous …
Electric vehicle motor is an electromechanical device used to provide power to electric vehicles by converting electric energy into mechanical energy. This phenomenon is achieved by the interaction of electric motors magnetic field and current. Electric vehicle motor comprises bearings, end bracket, frame, cooling frame, rotor, and stator. The electric vehicle motor market is expected to witness lucrative growth during the forecast period due to increase in the number of…
Passenger Vehicle Market Outlook to 2025 - Top Leading Players Toyota Motor, Vol …
Worldwide Passenger Vehicle Market Analysis to 2025 is a specialized and in-depth study of the Passenger Vehicle Industry with a focus on the global market trend. The report aims to provide an overview of global Passenger Vehicle Market with detailed market segmentation by product/application and geography. The global Passenger Vehicle Market is expected to witness high growth during the forecast period. The report provides key statistics on the Market status…
Micro Motor Industry - Johnson Electric, Siemens, Mitsuba Corporation, Nidec Mot …
Global Micro Motor Market is set to rise from its initial estimated value of USD 28.13 billion in 2018 to an estimated value of USD 39.86 billion, registering a CAGR of 4.45% in the forecast period of 2019-2026. This projected rise in the value can be attributed to the increasing applications and demand from the various segments of the market.
Get Sample Copy of this Report @ https://databridgemarketresearch.com/request-a-sample/?dbmr=global-micro-motor-market
Key Market Competitors: Global…
Electric Vehicles Market 2030 | Honda Motor Co., Ltd., Ford Motor, Toyota Motor …
A Research Report Insights (RRI) report reveals that the global market for electric vehicles is set to cross US$ 99 Billion in terms of value by 2016 end. As per the report, the market is expected to reach US$ 596.56 Billion by 2030, riding on a CAGR of 15.6%.
Increasing demand for clean and green energy and rise in global air pollution is compelling socio-economic institutions to rethink over the structures…
Electric Vehicle Motor Market by Type (Alternate Current (AC) Motor (Synchronous …
Electric vehicle motor is an electromechanical device used to provide power to electric vehicles by converting electric energy into mechanical energy. This phenomenon is achieved by the interaction of electric motors magnetic field and current. Electric vehicle motor comprises bearings, end bracket, frame, cooling frame, rotor, and stator.
Access Full Report: https://www.alliedmarketresearch.com/electric-vehicle-motor-market
The electric vehicle motor market is expected to witness lucrative growth during the forecast period due to increase in…
