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 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.
Metal Forming Market Key Segments:
By Technique type
- Roll Forming
- Stretch Forming
- Deep Drawing
By Application type
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
By Forming type
- Cold Forming
- Hot Forming
- Warm Forming
By Material type
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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
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 on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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