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The APAC metal stamping market will be valued at around $83.57 BN in 2022. This report provides complete information regarding adopting metal stamping in the APAC region. Further, the demand for metal components across several end-user industries drives the APAC region's metal stamping market. Furthermore, major players focus on strategic agreements, acquisitions, and collaboration with emerging players to enter the APAC metal stamping market to gain access to commercially launched products.Speak directly to the analyst to clarify any post sales queries you may have.
KEY HIGHLIGHTS:
- The escalating demand for automobiles and consumer electronics has positioned the APAC region as one of the foremost markets on a global scale. The growth is driven by developing countries such as China and India, where the rising demand for consumer electronics is anticipated to boost the market growth during the forecast period.
- The escalating process of industrialization, coupled with infrastructure expansion and advancements in the defense sector, is anticipated to exert a favorable influence on the demand for machinery and equipment across the APAC region. Furthermore, countries like India and China constantly invest in the defense sector. For instance, for FY 2023, the People's Republic of China (PRC) announced an annual defense budget of about $224.79 billion.
- The APAC region dominates the automotive metal stamping market. The growth is supported by the rise in vehicle production across the region. In 2022, China's automotive industry produced nearly 24 million passenger cars. Therefore, the increase in vehicle production and a rise in demand for passenger vehicles are anticipated to surge the demand for metal stamping in the automotive industry. The process is used for generating several parts and elements that are utilized in vehicles.
- Other industries, such as electronics, are experiencing strong growth in the APAC region. In South Korea, during the initial half of 2022, exports of information and communications technology (ICT) goods surged by 18.9% year-on-year to reach $123 billion, constituting 35% of the total national exports. Therefore, such factors are anticipated to support the growth of metal stamping in the region during the forecast period.
- China, Japan, India, South Korea, Europe, and North America are the largest automotive production markets in the world, accounting for nearly 90% of vehicles produced globally. China held around a 32% share of global production, leading all markets in 2021. Furthermore, the domestic demand for vehicles in China, India, and certain markets outside North America and Western Europe has increased.
LIST OF VENDORS
Key Vendors
- Magna International
- Gestamp
- CIE Automotive
- AAPICO Hitech Public Company
- Interplex Holdings
Other Prominent Vendors
- MicPro
- Dongguan Changdong Tool & Die
- Mulan Manufacturing Group
- Hashimoto Precision Metal
- Qingdao Hailong Machinery Group
- Metal Component Engineering
- Connor Manufacturing Services
- CFM Holdings
- Beyonics
- Sunny Metal & Engineering
- Knight Auto
- Bombay Metrics
- Caparo
- Eigen
- Veer-O-Metals
- Precision Stampings
- Dongguan Heju Precision Electronic Technology
- Roblan
- Larego Toolmaking
- GTS Industries
SEGMENTATION & FORECAST
Process Type (Revenue)
- Blanking
- Embossing
- Bending
- Coining
- Flanging
- Others
Press Type (Revenue)
- Hydraulic press
- Mechanical press
- Mechanical servo press
- Others
Material Type (Revenue)
- Steel
- Aluminum
- Copper
- Others
End-User (Revenue)
- Automotive
- Industrial machinery
- Electricals & Electronics
- Medical
- Aerospace
- Telecommunication
- Construction
- Others
MARKET STRUCTURE
- Market Dynamics
- Competitive Landscape of APAC Metal Stamping Market
- Key Vendors
- Other Prominent Vendors
APPENDIX
- Research Methodology
- Abbreviations
Table of Contents
Chapter - 1: APAC Metal Stamping Market Overview
Chapter - 2: APAC Metal Stamping Market Projected Revenue
Chapter - 3: APAC Metal Stamping Market Segmentation Data
Chapter - 4: APAC Metal Stamping Market Prospects & Opportunities
Chapter 5: APAC Metal Stamping Market Industry Overview
Chapter - 6: Appendix
List of Exhibits
List of Tables
Companies Mentioned
- Magna International
- Gestamp
- CIE Automotive
- AAPICO Hitech Public Company
- Interplex Holdings
- MicPro
- Dongguan Changdong Tool & Die
- Mulan Manufacturing Group
- Hashimoto Precision Metal
- Qingdao Hailong Machinery Group
- Metal Component Engineering
- Connor Manufacturing Services
- CFM Holdings
- Beyonics
- Sunny Metal & Engineering
- Knight Auto
- Bombay Metrics
- Caparo
- Eigen
- Veer-O-Metals
- Precision Stampings
- Dongguan Heju Precision Electronic Technology
- Roblan
- Larego Toolmaking
- GTS Industries
Methodology
Our research comprises a mix of primary and secondary research. The secondary research sources that are typically referred to include, but are not limited to, company websites, annual reports, financial reports, company pipeline charts, broker reports, investor presentations and SEC filings, journals and conferences, internal proprietary databases, news articles, press releases, and webcasts specific to the companies operating in any given market.
Primary research involves email interactions with the industry participants across major geographies. The participants who typically take part in such a process include, but are not limited to, CEOs, VPs, business development managers, market intelligence managers, and national sales managers. We primarily rely on internal research work and internal databases that we have populated over the years. We cross-verify our secondary research findings with the primary respondents participating in the study.
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 90 |
| Published | October 2023 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value ( USD | $ 83.57 Billion |
| Forecasted Market Value ( USD | $ 110.86 Billion |
| Compound Annual Growth Rate | 4.8% |
| Regions Covered | Asia Pacific |
| No. of Companies Mentioned | 25 |
