APAC Metal Stamping Market - Focused Insights 2023-2028

Published Date :  OCT 2023

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In the dynamic realm of the Asia-Pacific region, metal stamping stands out as a key industry, presenting numerous growth avenues. Dive deep into this comprehensive report on the APAC Metal Stamping Market, tailored to arm you with the insights needed to strategize effectively. By grasping the competitive terrain and analysing the performance trajectories of various market players, businesses can refine their sales and marketing approach. Discover where the maximum potential lies in market categories and segments, perfect for fostering strategic partnerships

The Asia-Pacific metal stamping market was at $83.57 billion in 2022 and is poised to reach $110.86 billion by 2028, growing at a CAGR of 4.82%.

APAC's undeniable dominance in the automotive metal stamping market is fueled by skyrocketing vehicle production. China set the pace with its staggering output of nearly 24 million passenger cars in 2022. Combine this with a thriving electronics industry - like South Korea's ICT goods export boom, soaring 18.9% year-on-year in 2022 - and you'll see the region's unmatched potential.

Enter the era of electric vehicles (EVs) and witness an exhilarating demand for meticulously crafted stamped metal EV components. China's position as the APAC's EV titan accentuates the need for lightweight, sustainable materials, underlining metal stamping's crucial role in churning out energy-efficient designs.

China continues to set global benchmarks in its market ascendancy, poised to produce a staggering 35 million vehicles by 2025. Coupled with its titanic electronics manufacturing ecosystem, the country offers an enticing landscape for innovative ventures.

As we peer into the market landscape, fierce competition emerges, with powerful global and spirited local players vying for supremacy. Power players like AAPICO Hitech Public Company, Magna International, Gestamp, and Interplex Holdings are not just dominating; they're reinventing through strategic partnerships and collaborations, setting the stage for a future where APAC's metal stamping market isn't just growing – it's thriving.

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Summary

  • The escalating demand for automobiles and consumer electronics has positioned the APAC region as one of the foremost markets on a global scale. The growth is driven by developing countries such as China and India, where the rising demand for consumer electronics is anticipated to boost the market growth during the forecast period.
  • The escalating process of industrialization, coupled with infrastructure expansion and advancements in the defense sector, is anticipated to exert a favorable influence on the demand for machinery and equipment across the APAC region. Furthermore, countries such as India and China are constantly investing in the defense sector. For instance, for FY 2023, the People's Republic of China (PRC) announced an annual defense budget of about $224.79 billion.
  • The APAC region dominates the automotive metal stamping market. The growth is supported by the rise in vehicle production across the region. In 2022, China's automotive industry produced nearly 24 million passenger cars. Therefore, the increase in vehicle production and a rise in demand for passenger vehicles are anticipated to surge the demand for metal stamping in the automotive industry. The process is used for generating several parts and elements that are utilized in vehicles.
  • Other industries, such as electronics, are experiencing strong growth in the APAC region. In South Korea, during the initial half of 2022, exports of information and communications technology (ICT) goods surged by 18.9% year-on-year to reach $123 billion, constituting 35% of the total national exports. Therefore, such factors are anticipated to support the growth of metal stamping in the region during the forecast period.
  • China, Japan, India, South Korea, Europe, and North America are the largest automotive production markets in the world, accounting for nearly 90% of vehicles produced globally. China held around a 32% share of global production, leading all markets in 2021. Furthermore, the domestic demand for vehicles in China, India, and certain markets outside of North America and Western Europe has increased over time. 
  • In China, the rising relocation of component systems and vehicle design, expansion, and engineering, particularly for battery EVs, is anticipated to further offer an advantage to the automotive industry. Therefore, with the growth in increasing local demand and development in the automotive sector is anticipated to surge the demand for metal stamping processes in these regions.

THE FOLLOWING MARKET SEGMENT ANALYSIS IS INCLUDED IN THIS REPORT

SEGMENTATION & FORECAST

  • Process Type (Revenue)
  • Blanking
  • Embossing
  • Bending
  • Coining
  • Flanging
  • Others
  • Press Type (Revenue)
  • Hydraulic press
  • Mechanical press
  • Mechanical servo press
  • Others
  • Material Type (Revenue)
  • Steel
  • Aluminum
  • Copper
  • Others
  • End-User (Revenue)
  • Automotive
  • Industrial machinery
  • Electricals & Electronics
  • Medical
  • Aerospace
  • Telecommunication
  • Construction
  • Other

MARKET STRUCTURE

  • Market Dynamics
  • Competitive Landscape of the APAC Metal Stamping Market
  • Key Vendors
  • Other Prominent Vendors

APPENDIX

  • Research Methodology
  • Abbreviations
  • About Arizton

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APAC Metal Stamping Market Focused InsightsDOWNLOAD SAMPLE

Please Note : Arizton critically analyzes the industry and market sectors to provide reliable and valuable market intelligence. The research-based knowledge empowers clients to formulate intelligent strategies, resulting in creative, cost-effective, and efficient execution.

Table Of Contents

  • Executive Summary
  • Introduction
  • Key Findings

  • APAC: Projected Revenue of APAC Metal Stamping Market (2022-2028) ($Billions)

  • APAC: Projected Revenue by Process Type (2022-2028); (Revenue $BN)
  • Process Type Snapshot
  • Blanking
  • Embossing
  • Bending
  • Coining
  • Flanging
  • Others
  • APAC: Projected Revenue by Press Type (2022-2028); (Revenue $BN)
  • Press Type Snapshot
  • Hydraulic press
  • Mechanical press
  • Mechanical servo press
  • Others
  • APAC: Projected Revenue by Material Type (2022-2028); (Revenue $BN)
  • Material Type Snapshot
  • Steel
  • Aluminum
  • Copper
  • Others
  • APAC: Projected Revenue by End-User (2022-2028); (Revenue $BN)
  • End-User Snapshot
  • Automotive
  • Industrial machinery
  • Electricals & Electronics
  • Medical
  • Aerospace
  • Telecommunication
  • Construction
  • Others

  • APAC Metal Stamping Market Trends
  • APAC Metal Stamping Market Drivers
  • APAC Metal Stamping Market Constraints

  • APAC Metal Stamping Market - Competitive Landscape
  • APAC Metal Stamping Market - Key Players
  • APAC Metal Stamping Market – Other Prominent Vendors

  • Research Methodology
  • Abbreviations
  • About Arizton

Exhibit 1:APAC Metal Stamping Market ($ billion)       

Exhibit 2: APAC Metal Stamping Market by Process Type 2022–2028

Exhibit 3:Market by Blanking 2022-2028 ($ billion)

Exhibit 4:Market by Embossing 2022-2028 ($ billion)

Exhibit 5:Market by Bending 2022-2028 ($ billion)

Exhibit 6:Market by Coining 2022-2028 ($ billion)

Exhibit 7:Market by Flanging 2022-2028 ($ billion)

Exhibit 8:Market by Others 2022-2028 ($ billion)

Exhibit 9: APAC Metal Stamping Market by Press Type 2022–2028

Exhibit 10:Market by Hydraulic Press 2022-2028 ($ billion)

Exhibit 11:Market by Mechanical Press 2022-2028 ($ billion)

Exhibit 12:Market by Mechanical Servo Press 2022-2028 ($ billion)

Exhibit 13:Market by Other Press Type 2022-2028 ($ billion)

Exhibit 14: APAC Metal Stamping Market by Material Type 2022–2028

Exhibit 15:Market by Steel 2022-2028 ($ billion)

Exhibit 16:Market by Aluminum 2022-2028 ($ billion)

Exhibit 17:Market by Copper 2022-2028 ($ billion)

Exhibit 18:Market by Other Materials 2022-2028 ($ billion)

Exhibit 19: APAC Metal Stamping Market by End-User 2022–2028

Exhibit 20:Market by Automotive 2022-2028 ($ billion)

Exhibit 21:Market by Industrial Machinery 2022-2028 ($ billion)

Exhibit 22:Market by Electrical & Electronics 2022-2028 ($ billion)

Exhibit 23:Market by Medical 2022-2028 ($ billion)

Exhibit 24:Market by Aerospace 2022-2028 ($ billion)

Exhibit 25:Market by Telecommunication 2022-2028 ($ billion)

Exhibit 26:Market by Construction 2022-2028 ($ billion)

Exhibit 27:Market by Other Industries 2022-2028 ($ billion)

Exhibit 28:APAC Metal Stamping Market by Countries 2022–2028

Exhibit 29:China Metal Stamping Market 2022-2028 ($ billion)

Exhibit 30:Japan Metal Stamping Market 2022-2028 ($ billion)

Exhibit 31:India Metal Stamping Market 2022-2028 ($ billion)

Exhibit 32:South Korea Metal Stamping Market 2022-2028 ($ billion)

Exhibit 33:Australia Metal Stamping Market 2022-2028 ($ billion)

Table 1: Quantitative Summary Revenue APAC Metal Stamping Market

Table 2: Quantitative Summary Projected Revenue by Process Type

Table 3: Quantitative Summary Projected Revenue by Press Type

Table 4: Quantitative Summary Projected Revenue by Material Type

Table 5: Quantitative Summary Projected Revenue by End-user

Table 6: Quantitative Summary Projected Revenue by Countries

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Frequently Asked Questions

The APAC metal stamping market is expected to reach $110.86 billion by 2028.

China and India are the primary drivers, particularly due to their increasing demand for consumer electronics and rapid industrialization.China and India are the primary drivers, particularly due to their increasing demand for consumer electronics and rapid industrialization.

The increase in vehicle production, especially in countries like China which produced nearly 24 million passenger cars in 2022, is amplifying the demand for metal stamping.

With the EV boom, there's a growing demand for specialized stamped metal EV parts, especially given the emphasis on lightweight, energy-efficient materials in electric car designs.

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