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
Stamping can be defines as a manufacturing process where flat sheet metal is placed into a stamping press in the form of blank or coil, and the tool or die of the stamping press converts that flat metal sheet into a desired shape is known as stamping. Automotive stamping is the part of stamping where the automotive components such as doors, roofs, side panels among others are manufactured using stamping process. Automotive stamping process is majorly done for flat sheet metals but can also be performed on other materials, such as polystyrene.
Market Dynamics
Growing demand of commercial vehicles owing to increasing construction activities across the globe is expected to drive the demand for automotive stamping market during the forecasted period. As heavy duty vehicle components are manufactured using sheet metals such as truck body, roofs, doors, fender among other. These components are majorly manufactured using stamping process which is expected to drive the demand for automotive stamping market during the forecasted period (2019 - 2027). For instance, according to Organisation Internationale des Constructeurs d'Automobiles (OICA) data in 2021, 407,056 heavy duty trucks were manufactured in India which is around 43.4 % more than the heavy duty trucks manufactured in 2017. Furthermore, in 2021 according to OICA, 663.2 thousand units light duty trucks were manufactured in India which is around 31.5 % more than the light duty trucks manufactured in 2017. All the above stats shows that the market for automotive stamping in India is expected to grow at a substantial rate during the forecasted period (2019-2027)
Market Taxonomy
This report segments the India automotive stamping market on the basis of stamping type (hot stamping and cold stamping. On the basis of vehicle type, passenger vehicles commercial vehicles, three wheelers and two wheelers. On the basis of material type steel, aluminum and others. On the basis of process type progressive die stamping, transfer stamping and tandem stamping. And on the basis of 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))
Key features of the study:
This report provides an in-depth analysis of the India automotive stamping market and provides market size (US$ Million) and Compound Annual Growth Rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
It profiles leading players in the India automotive stamping market based on the following parameters – regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key players operating in the India automotive stamping market 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.
Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up-gradation, market expansion, and marketing tactics
The India automotive stamping market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the India automotive stamping market
Detailed Segmentation:
India automotive stamping Market, By stamping type:
Hot Stamping
Cold Stamping
India automotive stamping Market, By vehicle type:
Two-wheeler
Passenger Car
Three-wheeler
Two-wheelers
India automotive stamping Market, By Material Type:
Steel
Aluminum
Others
India automotive stamping Market, By Process Type:
Progressive Die Stamping
Transfer Stamping
Tandem Stamping
India automotive stamping Market, By Product Type
Body Stamping
BIW Parts
Chassis
Non-body Stamping
Engine Parts
Transmission & Steering Parts
Braking & Suspension Parts
Electrical Parts
Fuel Delivery, Emission & Filtration
Safety Equipment & Seating System
Lighting Components
Cooling System
Company Profiles
Automotive Stampings and Assemblies Ltd*
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
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
*Browse all the market data tables and figures on "India automotive stamping Market - Forecast to 2027”
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