India Automotive Stamping Market – Industry Analysis and Forecast (2022-2027)

India Automotive Stamping Market was valued at US$ 6.85 Bn in 2021 and is expected to reach US$ 11.81 Bn by 2027, at a CAGR of 9.50% during the forecast period.

The report includes an analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.

To know about the Research Methodology:-Request Free Sample Report
India Automotive Stamping Market Dynamics:
India has been experiencing a robust rise in four-wheeler production and marginal growth in two and three-wheeler production this has been the country’s answer to the growing demand from domestic and international markets. The demand for cold and hot stamping is directly proportional to the production of vehicles and demand from the aftermarket is relatively less.

Increasing production of vehicles in the domestic market and growth in export sales of automotive components. However, manufacturers inclining towards the ones adopting new technologies in the manufacturing process may hamper the market growth. Automakers face several challenges, for instance, the relatively high cost and complications in handling advanced equipment, which are restraining factors in the India Automotive Stamping Market.
India Automotive Stamping Market Segment Analysis:
The cold stamping segment is expected to lose a little more than 115 BPS during the forecast period. However, it is also expected to increase at a CAGR of 10.6% over the estimated period. The cold stamping segment of the India automotive stamping market is forecast to be valued in excess of US$ 3.4 Bn in 2021 and is expected to represent an incremental opportunity of more than US$ 5.1 Bn between 2022 and 2027.

Four wheeler segment is expected to lead the market for automotive stamping. A robust rise in the production of four-wheelers has anticipated to boost the growth of the stamping segment in the Indian automotive stamping market. India has been experiencing a robust increase in four-wheeler production and marginal growth in two and three-wheeler production this has been the country’s answer to the growing demand from domestic and international markets. The demand for cold and hot stamping is directly relative to the production of vehicles and demand from the aftermarket is comparatively less.

Mahindra CIE Automotive Limited, Automotive Stampings, and Assemblies Ltd., JBM Group are some of the leading players in the Indian market for automotive stamping. Automotive Stampings and Assemblies Limited manufactures and sells sheet metal stampings, welded assemblies, and modules for the automotive industry in India and globally. It proposes various skin parts of cars, including side panels, rear door panels, front door panels, front mudguards, and so on.
India Automotive Stamping Market, Key Highlights:
• India Automotive Stamping Market analysis and forecast, in terms of value.

• Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the India Automotive Stamping Market

• India Automotive Stamping Market segmentation on the basis of type, source, end-user, and region (country-wise) has been provided.

• India Automotive Stamping Market strategic analysis with respect to individual growth trends, future prospects along with the contribution of various sub-market stakeholders have been considered under the scope of study.

• India Automotive Stamping Market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation.

• Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled.

• Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the India Automotive Stamping Market are also profiled.
 India Automotive Stamping Market Report Scope:  Inquire before buying



India Automotive Stamping Market


Report Coverage
Details


Base Year:
2021
Forecast Period:
2022-2027


Historical Data:
2017 to 2021
Market Size in 2021:
US$ 6.85 Bn.


Forecast Period 2022 to 2027 CAGR:
9.50%
Market Size in 2027:
US$ 11.81 Bn.


 Segments Covered:
by Forming Temperature
• Hot Stamping
• Cold Stamping


by Stamping Process
• Mechanical Process
• Hydraulic Process
• Pneumatic Process


by Vehicle Type
• Passenger Vehicles
• Commercial Vehicles


by Wheels
• Four Wheelers
• Three Wheelers
• Two Wheelers


by Process
• Progressive Die Stamping
• Tandem Stamping
• Transfer Stamping



India Automotive Stamping Market Key Players:
• Automotive Stampings and Assemblies Ltd.
• Cosma International (India) Private Limited
• Gestamp Automobile India Private Limited
• Harsha Engineers Limited
• Autocomp Corporation Panse Pvt Ltd
• JBM Group
• Klt Automotive And Tubular Products Limited
• Sona Koyo Steering Systems Limited
• Tata Autocomp Systems Limited
• Yeshshree Press Comps Private Limited
• Omax Auto Ltd.
• Mahindra CIE Automotive Limited
• Surin Automotive Private Limited
• Skh Metals Limited
• Caparo India.
• Schuler Group
• AIDA Global
• Orchid International
• Eagle Press & Equipment Co. Ltd.
• Hyundai Rotem
• MacRodyne Hydraulic Presses & Automation
• Santec Group
• Ridgeview Industries
• Bliss-Bret Industries

Frequently Asked Questions:

1. Which region has the largest share in India Automotive Stamping Market?
Ans: India region holds the highest share in 2021.

2. What is the growth rate of India Automotive Stamping Market?
Ans: The India Automotive Stamping Market is growing at a CAGR of 9.50% during forecasting period 2022-2027.

3. What is scope of the India Automotive Stamping market report?
Ans: India Automotive Stamping Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.

4. Who are the key players in India Automotive Stamping market?
Ans: The important key players in the India Automotive Stamping Market are – Automotive Stampings and Assemblies Ltd., Cosma International (India) Private Limited, Gestamp Automobile India Private Limited, Harsha Engineers Limited, Autocomp Corporation Panse Pvt Ltd, JBM Group, Klt Automotive And Tubular Products Limited, Sona Koyo Steering Systems Limited, Tata Autocomp Systems Limited, Yeshshree Press Comps Private Limited, and Omax Auto Ltd..

5. What is the study period of this market?
Ans: The India Automotive Stamping Market is studied from 2021 to 2027.