NEW YORK , Sept. 14, 2022 /PRNewswire/ -- The automotive die-stamping equipment market has grown substantially over the years. To estimate the size of the market, Technavio has tracked the recent trends and developments in the automotive die-stamping equipment market. The analysts at Technavio have considered various aspects such as the consumer base, adoption rate, average selling price, revenue generated by vendors, and various other factors to estimate the market size. Download Sample PDF Report Here to get an idea of the overall scope of the full report.
The report on the automotive die-stamping equipment market by Technavio expects the market size to increase at a CAGR of 5.94% and register an incremental growth of USD 133.06 million between 2021 and 2026. However, the growth forecast could be missed with the market growing slower than expected if the following factors come into play: high initial set-up cost and the availability of alternatives.
According to Technavio, the growth of the market is primarily driven by augmented demand from APAC.
Developing countries such as India , Singapore , Thailand , Indonesia , the Philippines , and Malaysia have observed a drastic increase in FDI in the automotive segment over the years. This can be attributed to various initiatives undertaken by governments to boost the manufacturing sector. For instance, the Make in India initiative by the Indian government has attracted significant FDI in the manufacturing sector. In October 2018 , Suzuki Motors announced its plans to start building a new manufacturing facility in Gujarat, India . In addition, rapid industrial growth in countries such as China , India , and the rising adoption of electric vehicles are creating huge growth opportunities for vendors, which is fostering the growth of the market in focus.
"Rise in adoption of automation in the automotive industry and the use of lightweight metals in the automotive industry will further accelerate the growth of the market", says an analyst at Technavio.
The global automotive die-stamping equipment market is fragmented in nature and characterized by the presence of several well-established and small regional players, which makes the market extremely competitive for new entrants. Apart from top vendors, several regional and local vendors have started manufacturing customized and energy-efficient equipment. These vendors are posing tough competition to their international counterparts in terms of cost. Hence, to counter the threat from low-cost substitute products, international players in the global automotive die-stamping equipment market are constantly expanding their footprint in developing countries and are focusing on providing effective after-sales services to differentiate their products and increase their product portfolio.
Technavio identifies AIDA Engineering Ltd., AMADA Co. Ltd., American Industrial Co., Andritz AG, Galdabini SPA, Haco, Hyundai Motor Co., Industrie Automatisierungsgesellschaft mbh, JIER MACHINE-TOOL GROUP CO.LTD., Keats Manufacturing Co., Komatsu Ltd., Maschinenfabrik Lauffer GmbH and Co. KG, Macrodyne Technologies Inc., MONDRAGON Corp., and OMERA Srl as dominant players in the market.
The report breaks down the market into the following segments:
End-user: automotive OEMs and independent stamping presses
Geography: Europe , APAC, North America , South America , and the Middle East and Africa
Automotive OEMs are the prime end-users in the market. The growing demand and production volume of automobiles is driving the growth of the segment. In addition, the rising popularity of electric vehicles, increasing adoption of hot stamping technology, and increasing spending on new automobile production facilities in emerging markets will have a positive impact on the growth of the segment.
In terms of region, Europe will emerge as the dominant region, occupying 45% of the global market share. The increasing demand for lightweight metal components will be a key factor driving the growth of the regional market. In addition, the growth in automobile sales and the revival of the aerospace industry will further accelerate the growth of the automotive die-stamping equipment market in Europe during the forecast period.
The complete report on the global automotive die-stamping equipment market offers detailed insights on the potential business segments and regions to invest in over the forecast period. Before making the purchase, we recommend reading our Sample PDF Report.
The automotive die-stamping equipment market report answers questions such as:
Is the market structure fragmented or concentrated?
What was the market size in 2021 and the forecast for the automotive die-stamping equipment market through 2026?
Which are the best product segment areas to invest in over the forecast period?
What is the market share of dominant and strong vendors in the automotive die-stamping equipment market?
What are the inhibiting factors and the impact of COVID-19 on the automotive die-stamping equipment market growth?
What are the latest trends and regulatory frameworks in the automotive die-stamping equipment market?
Users who bought this report also purchased,
Metal Stamping Market by End-user and Geography - Forecast and Analysis 2021-2025
Roll Forming Machines Market by End-user and Geography - Forecast and Analysis 2022-2026
Automotive Die-Stamping Equipment Market Scope
Accelerate at a CAGR of 5.94%
Europe, APAC, North America, South America, and Middle East and Africa
US, China, Japan, Germany, and France
Leading companies, competitive strategies, consumer engagement scope
AIDA Engineering Ltd., AMADA Co. Ltd., American Industrial Co., Andritz AG, Galdabini SPA, Haco, Hyundai Motor Co., Industrie Automatisierungsgesellschaft mbh, JIER MACHINE-TOOL GROUP CO.LTD., Keats Manufacturing Co., Komatsu Ltd., Maschinenfabrik Lauffer GmbH and Co. KG, Macrodyne Technologies Inc., MONDRAGON Corp., and OMERA Srl
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
3.4 Market outlook: Forecast for 2021-2026
5.3 Automotive OEMs - Market size and forecast 2021-2026
5.4 Independent stamping presses - Market size and forecast 2021-2026
7.3 Europe - Market size and forecast 2021-2026
7.4 APAC - Market size and forecast 2021-2026
7.5 North America - Market size and forecast 2021-2026
7.6 South America - Market size and forecast 2021-2026
7.7 Middle East and Africa - Market size and forecast 2021-2026
7.8 China - Market size and forecast 2021-2026
7.9 US - Market size and forecast 2021-2026
7.10 Germany - Market size and forecast 2021-2026
7.11 France - Market size and forecast 2021-2026
7.12 Japan - Market size and forecast 2021-2026
8.3 Impact of drivers and challenges
10.10 JIER MACHINE-TOOL GROUP CO.LTD.
11.3 Currency conversion rates for US$
in manufacturing industry: Market dynamics in some major processes and discrete industries are changing drastically, and manufacturers are gradually feeling the brunt of excessive demand fluctuations. The fluctuating prices of oil and gas and metals in the global market and the shortage of a skilled workforce worldwide have directly affected the profitability of manufacturing companies. A sudden and unexpected shift in market dynamics can drastically impact manufacturing processes and investments in capital goods.
slowdown in the automotive industry: High motorization rates in North America and Europe , the increase in tariffs on imported vehicles in the US and China , and the global economic slowdown are likely to reduce vehicle sales in the coming years. Anticipating a decline in vehicle sales, several vehicle manufacturers are halting their vehicle production. For instance, in March 2019 , Ford announced the shutdown of its three vehicle-manufacturing sites in Russia . Similarly, in August 2019 , Mahindra and Mahindra Ltd. stopped vehicle production at its manufacturing units in India for 8-14 days. During the same month, Maruti Suzuki announced that it had cut its vehicle production for the sixth consecutive month in 2019. In August 2019 , Honda announced a halt in car production at its Argentina -based manufacturing plants. Such a slowdown in the automotive industry is expected to hamper the growth of the market during the forecast period.
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: media@technavio.com Website: www.technavio.com/
View original content to download multimedia:https://www.prnewswire.com/news-releases/automotive-die-stamping-equipment-market-report-by-technavio-predicts-usd-133-06-mn-growth--driven-by-augmented-demand-from-apac-301623164.html
Long-time Real Money subscribers have come to learn I like to combine investment approaches. No one investment approach (fundamental, technical, quantitative) is perfect and better results can come from blending or combining different methods. The On-Balance-Volume (OBV) line has also moved sideways suggesting a balance between buyers and sellers.
AT&T CEO John Stankey has a message to rival T-Mobile: Cut the nonsense when advertising to seniors.
FedEx has blown three tires before the peak holiday shipping season, and chatter on the Street is that mighty Amazon may have played a role.
'He has gotten nowhere,' said West's lawyer about his attempts to work through partnership issues
Nearly 100 Facebook janitors were laid off from the tech giant's California offices Friday, two months after being told their jobs would be safe.
As bad the news was for FedEx, it may be worse news for the U.S. economy --- and an early sign of a recession.
Now-redundant, Ethereum miners are flocking to other proof-of-work (PoW) tokens after the network switched to the proof-of-stake (PoS) consensus mechanism.
Bristol Myers plans to cut up to 261 jobs in two different locations in San Diego, according to the filings. A Bristol Myers spokesperson said the job cuts follow the company's $4.1 billion acquisition of drug developer Turning Point Therapeutics, which closed in August. "All incoming employees received retention packages tied to continued service to BMS for a period of time and have been encouraged to apply to long-term roles at BMS after their retention period ends," the spokesperson said in an email.
These highly profitable companies offer sustainable competitive advantages that make them no-brainer buys.
FedEx turned in poor earnings results and slashed its revenue forecast on Thursday as the company’s CEO warned that a “worldwide recession” is likely coming.
Recent developments suggest business trends are getting worse---not better, meaning there could be more downside ahead.
Google LLC may soon cut staff in one division while resuming hiring in another, according to a series of reports. The Alphabet Inc. subsidiary has cut in half the number of projects being worked on by its Area 120 research and development arm, TechCrunch reported Wednesday. Google told the employees working on those projects Tuesday it will terminate them if they don't find other jobs within the company by the end of January, according to the report, which followed .
More Americans are working into their golden years. Here's how Medicare, Social Security, taxes and other factors come into play.
Huntsman Corp is a manufacturer and marketer of chemical products for consumers and industrial customers - assorted polyurethanes, performance products, and adhesives. The trading volume has been active since February and the On-Balance-Volume (OBV) line has been in a downward trend since February telling us that sellers of this company have been more aggressive than buyers. The OBV line is stalled and beginning to weaken.
Warren Buffett is one of the best investors of all time. Since 1965, Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B), the masterfully crafted conglomerate he helped build, has returned over 20% annually, creating fortunes for its shareowners along the way. Berkshire's public stock portfolio is thus closely watched by investors seeking to build lasting wealth in the stock market.
Berlin, racing to safeguard its energy supplies before its planned ban on Russian oil imports kicks in later this year, said it would place Rosneft’s German subsidiaries under trusteeship.
Though the mining industry has been hit hard in recent years, this gold producer is going strong and continues to grow
Warren Buffett's Berkshire Hathaway bought a bunch of stocks during the second quarter. Notable names included Apple (NASDAQ: AAPL), Activision Blizzard (NASDAQ: ATVI), Occidental Petroleum (NYSE: OXY), and Chevron (NYSE: CVX). Buffett seems to be most bullish on Apple and Occidental Petroleum.
(Bloomberg) -- The surge in prices of lithium, the key battery material used to power electric cars, is seemingly unstoppable.Most Read from BloombergGermany Tightens Control Over Industry With Russian Oil GrabAdobe Near Deal for Online Design Startup Figma, Sources SayPutin Acknowledges Xi’s ‘Concerns’ on Ukraine, Showing TensionRay Dalio Does the Math: Rates at 4.5% Would Sink Stocks by 20%Patagonia Billionaire Who Gave Up Company Skirts $700 Million Tax HitLithium carbonate hit a fresh record
The White House is sending a signal to the crypto industry that it plans to get tough on exchanges, miners, and token issuers. The industry is already fighting back.