Automotive Metal Stamping Market Worth $112.38 Billion By 2024
San Francisco, 3 May 2023: The Report Automotive Metal Stamping Market Analysis By Technology (Blanking, Embossing, Bending, Coining, Flanging), By Application And Segment Forecasts To 2024 The global automotive metal stamping market is expected to reach USD 112.38 billion by 2024, according to a new report by Grand View Research, Inc. The industry is anticipated to grow owing to the rising demand in automotive industry and low manufacturing cost. Increasing sheet metal usage in the production of automobile chassis, transmission components, interior & exterior structural components are expected to drive market growth over the forecast period. Growing use of alloys such as titanium, cast aluminum, cast iron, and forged steel still form an integral part of automotive engines. Furthermore, technological advancements including the use of hybrid electromagnetically assisted sheet metal stamping machines which significantly reduces failures by controlli...