Metal Forming Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

Metal forming is a manufacturing process in which force is applied on raw material such that stresses induced in the material are greater than yield stress and less than ultimate stress. The workpiece is reshaped without adding or removing material, and its mass remains unchanged. Forming operates on the materials science principle of plastic deformation, where the physical shape of a material is permanently deformed.

MARKET DYNAMICS

The Metal forming market is heavily influenced by driving factors such as increasing need for prevention of theft, growing need for tracking shipment in the real-time scenario, increase in demand for Metal forming from transport, logistic & aerospace industry and integration of big data platforms and IoT with Metal forming in various devices boosts the market growth. However, the high installation costs of RFID system and device Interoperability is impacting negatively on the growth of RFID tag market in the current market scenario.

MARKET SCOPE

The "Global metal forming market analysis to 2031" is a specialized and in-depth study of the electronics and semiconductors industry with a special focus on the global metal forming market trend analysis. The report aims to provide an overview of the metal forming market with detailed market segmentation by forming type, application, material type, vehicle type and by techniques. The global metal forming market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading metal forming market players and offers key trends and opportunities in the metal forming market.

MARKET SEGMENTATION

The global metal forming market is segmented on the basis of forming type, application, material type, vehicle type and by techniques. Based on forming type the market is segmented as cold forming and hot forming. Based on the application the market is segmented as BIW, chassis and closures. On the basis of material type the market is segmented as steel and aluminium.Based on the vehicle type the market is segmented as passenger car, light commercial vehicle, truck and bus.On the basis of techniques the market is segmented as roll forming, stretch forming, deep drawing, stamping and hydroforming.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global metal forming market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The metal forming market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting Metal forming market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the metal forming market in these regions.

Metal Forming Market Report Analysis

Metal Forming Market

• 
  CAGR (2023 - 2031)

  XX%
• Market Size 2023
  US$ XX Million
• Market Size 2031
  US$ XX Million

Report Coverage

• Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope

• Key future trends
• Detailed PEST/Porter’s Five Forces and SWOT analysis

• Industry landscape and competition analysis & recent developments
• Detailed company profiles

• Global and regional market analysis covering key market trends, major players, regulations, and recent market developments

Key Players

• AISIN SEIKI Co., Ltd
• BENTELER International
• CIE Automotive
• Hirotec Corporation
• Magna International Inc.
• MILLS PRODUCTS
• Superform Aluminium
• Tower International
• TOYOTA BOSHOKU CORPORATION

Regional Overview

• North America
• Europe
• Asia-Pacific
• South and Central America
• Middle East and Africa

Market Segmentation

By Forming Type

• Cold Forming
• Hot Forming

By Application

• BIW
• Chassis
• Closures

By Material Type

• Steel
• Aluminum

By Vehicle Type

• Passenger Car
• Light Commercial Vehicle
• Truck
• Bus

MARKET PLAYERS

The reports cover key developments in the metal forming market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market payers from metal forming market are anticipated to lucrative growth opportunities in the future with the rising demand for metal forming in the global market. Below mentioned is the list of few companies engaged in the metal forming market.

The report also includes the profiles of key metal forming companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years.

• AISIN SEIKI Co., Ltd
• BENTELER International
• CIE Automotive
• Hirotec Corporation
• Magna International Inc.
• MILLS PRODUCTS
• Superform Aluminium
• Tower International
• TOYOTA BOSHOKU CORPORATION
• VNT Automotive GmbH

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Metal Forming Market Report Scope