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Automobile Metal Stamping in the US - Industry Market Research Report

  • June 2016
  • 34 pages
  • Ibisworld
Report ID: 198810

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Pedal to the metal: Stronger car sales and more efficient operations will foster revenue growth



Abstract

Automobile Metal Stamping in the US

Revenue for the Automobile Metal Stamping industry is expected to increase over the five years to 2016. Because automakers are the industry's largest market, demand for this industry's products closely follows demand for finished vehicles, which began to recover in the beginning of the five-year period. 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 next five years, industry revenue is poised to trend higher, backed by strong car sales and more efficient production from automakers. However, many consumers are purchasing more fuel-efficient, small-sized cars instead of SUVs and trucks. This trend could potentially hamper revenue growth as smaller cars require less steel.


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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