Automobile Metal Stamping in the US
Since automakers are the Automobile Metal Stamping industry's largest market, demand for this industry's products closely follows demand for finished vehicles, which continued to improve over the five years to 2018. During the period, demand for domestic automakers' most popular products, sport-utility vehicles (SUVs) and light trucks, rose due to recovering economic conditions, rising disposable income and a declining unemployment rate. Over the five years to 2023, industry revenue is poised to trend higher, backed by demand from SUV and light truck manufacturing and more efficient production from automakers. Nonetheless, changing fuel-efficiency standards moving forward may inhibit revenue growth.
Companies in this industry manufacture metal vehicle parts such as body panels, trim pieces, bumpers and other structural components from sheet metal using either a machine press or stamping press.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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