India Automotive Stamping Market is poised to value over US$ 10.4 billion by 2027

 


India's response to rising demand from domestic and foreign markets has been a strong increase in four-wheeler output and a slight increase in two- and three-wheeler manufacturing. Cold and hot stamping demand is closely related to vehicle production, with aftermarket demand being comparatively low. Increased car production in the home market, as well as increased export sales of automotive components. Manufacturers who favor new technology in the manufacturing process, on the other hand, may stifle market expansion. Automakers face several obstacles, including the relatively expensive cost of new technology and the difficulties in handling it, both of which are limiting considerations.

India's response to rising demand from domestic and foreign markets has been a strong increase in four-wheeler output and a slight increase in two- and three-wheeler manufacturing. Cold and hot stamping demand is closely related to vehicle production, with aftermarket demand being comparatively low. Increased car production in the home market, as well as increased export sales of automotive components. Manufacturers who favor new technology in the manufacturing process, on the other hand, may stifle market expansion. Automakers face several obstacles, including the relatively expensive cost of new technology and the difficulties in handling it, both of which are limiting considerations.

India Automotive Stamping Market was valued at US$ 4.1 billion in 2019 and is predicted to grow at a CAGR of 12.3% to US$ 10.4 billion by 2027.

During the forecast period, the cold stamping segment is expected to lose about 115 BPS. However, throughout the forecasted period, it is predicted to grow at a CAGR of 10.6 percent. The cold stamping segment of the Indian automotive stamping industry is estimated to be worth more than US$ 3.4 billion in 2018, representing an incremental opportunity of more than US$ 5.1 billion between two years.

The four-wheeler segment is predicted to dominate the automotive stamping industry. The expansion of the stamping segment in the Indian automotive stamping market is expected to be boosted by a strong increase in the manufacturing of four-wheelers. India's response to rising demand from both domestic and international markets has been a solid increase in four-wheeler output and a slight increase in two- and three-wheeler manufacturing. Cold and hot stamping demand is closely proportional to vehicle production, with aftermarket demand being significantly lower.

Some of the leading players in the Indian automotive stamping market include Mahindra CIE Automotive Limited, Automotive Stampings, and Assemblies Ltd., and JBM Group. Automotive Stampings and Assemblies Limited is an Indian company that manufactures and sells sheet metal stampings, welded assemblies, and modules for the automotive industry.

Segmentation of the Indian Automotive Stamping Market:

Using a Stamp:

Cold Stamping

Hot Stamping

By Automobile:

Two-Wheeler

 

Three-Wheeler

 

Car for Passengers

 

Vehicle for Business was valued at US$ 4.1 billion in 2019 and is predicted to grow at a CAGR of 12.3% to US$ 10.4 billion by 2027.

During the forecast period, the cold stamping segment is expected to lose about 115 BPS. However, throughout the forecasted period, it is predicted to grow at a CAGR of 10.6 percent. The cold stamping segment of the Indian automotive stamping industry is estimated to be worth more than US$ 3.4 billion in 2018, representing an incremental opportunity of more than US$ 5.1 billion between two years.

The four-wheeler segment is predicted to dominate the automotive stamping industry. The expansion of the stamping segment in the Indian automotive stamping market is expected to be boosted by a strong increase in the manufacturing of four-wheelers. India's response to rising demand from both domestic and international markets has been a solid increase in four-wheeler output and a slight increase in two- and three-wheeler manufacturing. Cold and hot stamping demand is closely proportional to vehicle production, with aftermarket demand being significantly lower.

Some of the leading players in the Indian automotive stamping market include Mahindra CIE Automotive Limited, Automotive Stampings, and Assemblies Ltd., and JBM Group. Automotive Stampings and Assemblies Limited is an Indian company that manufactures and sells sheet metal stampings, welded assemblies, and modules for the automotive industry.

Segmentation of the Indian Automotive Stamping Market:

Using a Stamp:

  • Cold Stamping
  • Hot Stamping

By Automobile:

  • Two-Wheeler
  •  
  • Three-Wheeler
  •  
  • Car for Passengers
  •  
  • Vehicle for Business

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