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Automobile Metal Stamping in the US - Industry Market Research Report

Publisher IBISWorld
Published Mar 20, 2024
Length 50 Pages
SKU # IBSS18692073

Description

Automobile Metal Stamping in the US - Industry Market Research Report


Automobile Metal Stamping in the US

Manufacturers in the automobile metal stamping industry have had to contend with difficult times in recent years. The outbreak of the pandemic brought the economy to a halt and forced everyone to stay home. So, the economic hardship and the lack of need for transportation caused all auto-related industries to fall off, forcing them to cut back on costs as much as possible. Following the end of these restrictions, demand growth buoyed manufacturers. But the recovery was constrained by sky-high commodity prices, as the rapidly rising economy brought demand much higher than the limited supply produced during lockdowns, crushing profit. Vertically integrated auto manufacturers have been turning to Mexico for large chunks of their production process, including metal stamping, as far lower labor costs and a continually appreciating US dollar made it for more cost-effective. Altogether, industry has been falling at a CAGR of 3.9% to $37.8 billion over the past five years, despite an anticipated growth of 1.4% in 2023 alone.

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

Table of Contents

50 Pages
TABLE OF CONTENTS

ABOUT THIS INDUSTRY

Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS

Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS

Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS

Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

Pricing

Currency Rates
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