Global
Automotive
Sheet Metal Components Market is
expected to grow at a significant CAGR in the upcoming years as the scope and
its applications are rising enormously across the globe. Automotive sheet
metals are the components that are used in automotive industry for making car
body components mainly in metal part machineries like upper body structure,
door panel, side body panel, and underbody structure. Sheet metal is thin flat
piece formed by an industrial process and can be bent into a variety of shapes.

The
factors that are playing a major role in the growth of Automotive Sheet Metal
Components Industry are increasing in the production of vehicles, growing
technological developments of sheet metal components, and high demand for
lightweight vehicles. On the other hand, volatility in the pricing of aluminum
and steel are the factors that are restraining an overall market. Automotive
Sheet Metal Components Market is segmented based on material, application,
distribution channel, and region. Material such as Aluminum, Steel, and others
classify the industry. Steel segment accounts for the largest market share of
Automotive Sheet Metal Components Industry and is estimated to lead the overall
market in the years to come. The reason being, it is corrosion resistant, it is
cost-efficient, and maintains weld ability and formability.
Applications
into Chassis, Interior, Exterior, Drivetrain, Engine, and others classify
Automotive Sheet Metal Components Market. Distribution channel such as Online,
Wholesaler, Retailer, and others classify the market. This industry is
segmented geographically into Americas (North America, Latin America), Europe
(Eastern Europe, Western Europe), Asia Pacific, Latin America, Middle East and
Africa.
Globally,
Asia Pacific accounts for the largest market share of Automotive Sheet Metal
Components Market in terms of revenue and is estimated to lead the overall
market in the years to come. The reason being, the presence of enhanced
automotive sectors and key manufacturers in the region. China is a major
consumer of Automotive Sheet Metal Components Industry in this region as has
enormous resource and technological skills in the automotive sector, and high
demand for passenger vehicles in India and China. Europe and North America
follow suit.
Market Segment:
Geographically, this report is segmented
into several key Regions, with production, consumption, revenue (million USD),
market share and growth rate of Automotive Sheet Metal Components in these
regions, from 2012 to 2022 (forecast), covering
•
United States
•
EU
•
China
•
Japan
•
South Korea
•
India
Global Automotive Sheet Metal Components
market competition by top manufacturers, with production, price, revenue
(value) and market share for each manufacturer; the top players including
•
Novelis
•
Aleris International
•
Mayville Engineering Company
•
O'Neal Manufacturing Services
•
General Stamping and Metal Works
•
Larsen Manufacturing
•
Amada
•
Paul Craemer GmbH
•
Frank Dudley
The
key players of Automotive Sheet Metal Components Industry are Omax Autos,
Novelis, Frank Dudley, Aleris International, Paul Craemer GmbH, Mayville
Engineering Company, Amada, O’Neal Manufacturing Services, Larsen
Manufacturing, and General Stamping and Metal Works. These players are concentrating
on inorganic growth to sustain themselves amongst fierce competition. As such,
mergers, acquisitions, and joint ventures are the need of the hour.
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