Automotive Sheet Metal Components Market Size, Share, Growth, Trends, Production, Consumption, Revenue and Forecast 2020 to 2027

The global automotive sheet metal components market will exhibit a CAGR of 4.6% from 2020 to 2027 to account for US$ 151.41 bn in 2027. The study has considered the base year as 2020, which estimates the market size of market and the forecast period is 2020 to 2027. The report analyzes and forecasts the market size, in terms of volume (thousand units) and value (USD million), for the market. The report provides a detailed analysis of various forces acting in the market (drivers, restraints, opportunities, and challenges). The report covers key players and comprehensively analyzes their market shares and core competencies. It also tracks and analyzes competitive developments such as joint ventures, mergers & acquisitions, new product launches, expansions, and other activities carried out by key industry participants.

Product innovation and development are key strategies adopted by most leading market players. New product innovation is an important strategy to combat the stiff competition in the market. Companies are focusing more on research and development activities to create innovative products to capture and maintain larger market share globally. Focus on expansion across emerging economies with a huge and rising appetite for high-end and passenger vehicles has also significantly increased.

Steel to Remain Most Preferred Metal for Automotive Sheet Metal Components

In terms of material, steel contributed nearly 62% to the overall revenue accumulated by the global automotive sheet metal components in 2019 and is expected to remain the most preferred metal over the forecast period as well. In terms of geography, the global automotive sheet metal components market is presently led by the Asia Pacific market. China, one of the largest manufacturer of sheet metal components globally and one of the leading consumers of passenger vehicles, is expected to continue to drive the Asia Pacific market over the next few years, helping the regional market retain its top spot in the global market over the forecast period.

Rising Production of Vehicles Globally to Drive Market

In the past few years, there has been a vast rise in the production of vehicles across the globe owing to the rising demand and usage of passenger vehicles. This, coupled with the rising demand for lightweight vehicles, is driving the demand and growth of sheet metal components used in the production of automobiles. A small percentage of hybrid and electric vehicles are already available in the market and the percentage is expected to grow at a healthy pace in the coming years owing to their least impact on the environment in the form of emission of pollutants.

With the rise in the number of hybrid and electric vehicles in the automobile market, the application and market for sheet metal components in such vehicles is also expected to flourish in the near future. Moreover, the strengthening trend of engine downsizing of automobiles is expected to influence the growth of the automotive sheet metal components market globally.

Fluctuating Prices of Steel and Aluminum to Hinder Growth Prospects

As steel and aluminum are the two most used materials used for the manufacturing of automotive sheet metal components so their availability and fluctuation in prices make a huge impact on the overall market of automotive sheet metal components. China is the presently the leading producer of aluminum and steel globally. However, the country has been curbing its production of these metals to curb the level of air and water pollution.

This has been creating a huge gap between the supply and demand of aluminum and steel across the world. Moreover, concerns relating to the volatility in prices of aluminum and steel have also increased globally. Therefore, availability and volatility in the pricing of aluminum and steel are expected to inhibit the global automotive sheet metal components market, where the two materials find immense application.

Asia Pacific to Continue to Lead with Healthy Future Growth Prospects

Asia Pacific contributed the dominant share of around 35% to the revenue of the global automotive sheet metal components market in 2019. China is the leading automotive sheet metal components market in Asia Pacific. The country has huge resource and technological capabilities in the automotive sector. Moreover, increasing demand for passenger vehicles in China and India is propelling the growth of automotive sheet metal components market in the Asia Pacific region.

Europe contributed more than 28% to the global automotive sheet metal components market in the said year, with Germany being the dominant market. The rising applications of sheet metal components in new segment of vehicles such as electric and hybrid cars are expected to bolster the growth of the market in Europe at a healthy rate over the forecast period. The automotive sheet metal components market in North America is projected to expand significantly during the forecast period. In terms of revenue, North America generated around 20% of the total revenues in the global automotive sheet metal components market in 2016, with the market in the U.S. holding the dominant share.

Key Players

Some of the leading companies operating in the global automotive sheet metal components market profiled in the report are Novelis Inc., Aleris International Inc., Mayville Engineering Company, Inc., O’Neal Manufacturing Services, General Stamping and Metal Works, Larsen Manufacturing, LLC, Amada Co. Ltd., Paul Craemer GmbH, Frank Dudley Ltd., and Omax Autos Ltd.

Segmentation

Global Automotive Sheet Metal Components Market: By Material

  • Steel
  • Aluminum

Global Automotive Sheet Metal Components Market: By Application

  • Interior
  • Drivetrain
  • Engine
  • Exterior
  • Chassis

Global Automotive Sheet Metal Components Market: By Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Rest of Asia Pacific
  • Middle East and Africa (MEA)
    • Iran
    • South Africa
    • Rest of Middle East and Africa
  • Latin America
    • Brazil
    • Argentina
    • Rest of Latin America

Table of Content

Chapter 1 Preface
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Objectives
1.4. Key Questions Answered

Chapter 2 Assumptions and Research Methodology
2.1. Report Assumptions
2.2. Acronyms Used
2.3. Research Methodology

Chapter 3 Executive Summary
3.1. Global Automotive Sheet Metal Components Market Snapshot
3.2. Market Opportunity Map

Chapter 4 Market Dynamics
4.1. Overview
4.2. Key Trends Analysis
4.3. Drivers and Restraints Snapshot Analysis
4.3.1. Drivers
4.3.2. Restraints
4.4. Opportunity Analysis
4.5. Company Market Share Analysis
4.6. Competitive Strategies Adopted by Major Players
4.7. Market Attractiveness Analysis

Chapter 5 Automotive Sheet Metal Components Market Analysis, by Material
5.1. Introduction
5.2. Global Automotive Sheet Metal Components Market Value Share Analysis, By Material
5.3. Global Automotive Sheet Metal Components Market Revenue and Forecast, By Material
5.4. Steel
5.5. Aluminum

Chapter 6 Automotive Sheet Metal Components Market Analysis, by Application
6.1. Introduction
6.2. Global Automotive Sheet Metal Components Market Value Share Analysis, By Application
6.3. Global Automotive Sheet Metal Components Market Revenue and Forecast, By Application
6.4. Interior
6.5. Drivetrain
6.6. Engine
6.7. Exterior
6.8. Chassis

Chapter 7 Automotive Sheet Metal Components Market Analysis, by Geography
7.1. Geographical Scenario
7.2. Global Automotive Sheet Metal components Market Value Share Analysis, by Geography
7.3. Global Automotive Sheet Metal Components Market Revenue and Forecast, by Geography

Chapter 8 North America Automotive Sheet Metal Components Market Analysis
8.1. North America Automotive Sheet Metal Components Market Value Share Analysis, by Material
8.2. North America Automotive Sheet Metal Components Market Revenue and Forecast, by Material
8.3. North America Automotive Sheet Metal Components Market Value Share Analysis, by Application
8.4. North America Automotive Sheet Metal Components Market Revenue and Forecast, by Application
8.5. North America Automotive Sheet Metal Components Market Value Share Analysis, by Country
8.6. North America Automotive Sheet Metal Components Market Revenue and Forecast, by Country
8.7. U.S. Automotive Sheet Metal Components Market Analysis
8.8. Canada Automotive Sheet Metal Components Market Analysis
8.9. Mexico Automotive Sheet Metal Components Market Analysis

Chapter 9 Europe Automotive Sheet Metal Components Market Analysis
9.1. Europe Automotive Sheet Metal Components Market Value Share Analysis, by Material
9.2. Europe Automotive Sheet Metal Components Market Revenue and Forecast, by Material
9.3. Europe Automotive Sheet Metal Components Market Value Share Analysis, by Application
9.4. Europe Automotive Sheet Metal Components Market Revenue and Forecast, by Application
9.5. Europe Automotive Sheet Metal Components Market Value Share Analysis, by Country
9.6. Europe Automotive Sheet Metal Components Market Revenue and Forecast, by Country
9.7. Germany Automotive Sheet Metal Components Market Analysis
9.8. U.K. Automotive Sheet Metal Components Market Analysis
9.9. France Automotive Sheet Metal Components Market Analysis
9.10. Italy Automotive Sheet Metal Components Market Analysis
9.11. Rest of Europe Automotive Sheet Metal Components Market Analysis

Chapter 10 Asia Pacific Automotive Sheet Metal Components Market Analysis
10.1. Asia Pacific Automotive Sheet Metal Components Market Value Share Analysis, by Material
10.2. Asia Pacific Automotive Sheet Metal Components Market Revenue and Forecast, by Material
10.3. Asia Pacific Automotive Sheet Metal Components Market Value Share Analysis, by Application
10.4. Asia Pacific Automotive Sheet Metal Components Market Revenue and Forecast, by Application
10.5. Asia Pacific Automotive Sheet Metal Components Market Value Share Analysis, by Country
10.6. Asia Pacific Automotive Sheet Metal Components Market Revenue and Forecast, by Country
10.7. China Automotive Sheet Metal Components Market Analysis
10.8. India Automotive Sheet Metal Components Market Analysis
10.9. Japan Automotive Sheet Metal Components Market Analysis
10.10. Rest of Asia Pacific Automotive Sheet Metal Components Market Analysis

Chapter 11 Middle East and Africa Automotive Sheet Metal Components Market Analysis
11.1. Middle East and Africa Automotive Sheet Metal Components Market Value Share Analysis, by Material
11.2. Middle East and Africa Automotive Sheet Metal Components Market Revenue and Forecast, by Material
11.3. Middle East and Africa Automotive Sheet Metal Components Market Value Share Analysis, by Application
11.4. Middle East and Africa Automotive Sheet Metal Components Market Revenue and Forecast, by Application
11.5. Middle East and Africa Automotive Sheet Metal Components Market Value Share Analysis, by Country
11.6. Middle East and Africa Automotive Sheet Metal Components Market Revenue and Forecast, by Country
11.7. Iran Automotive Sheet Metal Components Market Analysis
11.8. South Africa Automotive Sheet Metal Components Market Analysis
11.9. Rest of Middle East and Africa Automotive Sheet Metal Components Market Analysis

Chapter 12 Latin America Automotive Sheet Metal Components Market Analysis
12.1. Latin America Automotive Sheet Metal Components Market Value Share Analysis, by Material
12.2. Latin America Automotive Sheet Metal Components Market Revenue and Forecast, by Material
12.3. Latin America Automotive Sheet Metal Components Market Value Share Analysis, by Application
12.4. Latin America Automotive Sheet Metal Components Market Revenue and Forecast, by Application
12.5. Latin America Automotive Sheet Metal Components Market Value Share Analysis, by Country
12.6. Latin America Automotive Sheet Metal Components Market Revenue and Forecast, by Country
12.7. Brazil Automotive Sheet Metal Components Market Analysis
12.8. Argentina Automotive Sheet metal components Market Analysis
12.9. Rest of Latin America Automotive Sheet Metal Components Market Analysis

Chapter 13 Company Profiles
13.1 Novelis, Inc.
13.1.1. Company Details (HQ, Foundation Year, Employee Strength)
13.1.2. Market Presence, By Segment and Geography
13.1.3. Strategic Overview
13.1.4. SWOT analysis
13.1.5. Strategic Overview
13.2 Aleris International, Inc.
13.2.1. Company Details (HQ, Foundation Year, Employee Strength)
13.2.2. Market Presence, By Segment and Geography
13.2.3. Strategic Overview
13.2.4. SWOT analysis
13.2.5. Strategic Overview
13.3 Mayville Engineering Company, Inc.
13.3.1. Company Details (HQ, Foundation Year, Employee Strength)
13.3.2. Market Presence, By Segment and Geography
13.3.3. Strategic Overview
13.3.4. SWOT analysis
13.3.5. Strategic Overview
13.4 O’Neal Manufacturing Services
13.4.1. Company Details (HQ, Foundation Year, Employee Strength)
13.4.2. Market Presence, By Segment and Geography
13.4.3. Strategic Overview
13.4.4. SWOT analysis
13.4.5. Strategic Overview
13.5 General Stamping and Metal Works
13.5.1. Company Details (HQ, Foundation Year, Employee Strength)
13.5.2. Market Presence, By Segment and Geography
13.5.3. Strategic Overview
13.5.4. SWOT analysis
13.5.5. Strategic Overview
13.6 Larsen Manufacturing, LLC
13.6.1. Company Details (HQ, Foundation Year, Employee Strength)
13.6.2. Market Presence, By Segment and Geography
13.6.3. Strategic Overview
13.6.4. SWOT analysis
13.6.5. Strategic Overview
13.7 Amada Co. Ltd.
13.7.1. Company Details (HQ, Foundation Year, Employee Strength)
13.7.2. Market Presence, By Segment and Geography
13.7.3. Strategic Overview
13.7.4. SWOT analysis
13.7.5. Strategic Overview
13.8 Paul Craemer GmbH
13.8.1. Company Details (HQ, Foundation Year, Employee Strength)
13.8.2. Market Presence, By Segment and Geography
13.8.3. Strategic Overview
13.8.4. SWOT analysis
13.8.5. Strategic Overview
13.9 Frank Dudley Ltd.
13.9.1. Company Details (HQ, Foundation Year, Employee Strength)
13.9.2. Market Presence, By Segment and Geography
13.9.3. Strategic Overview
13.9.4. SWOT analysis
13.9.5. Strategic Overview
13.10 Omax Autos Ltd.
13.10.1. Company Details (HQ, Foundation Year, Employee Strength)
13.10.2. Market Presence, By Segment and Geography
13.10.3. Strategic Overview
13.10.4. SWOT analysis
13.10.5. Strategic Overview

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