India Automotive Stamping Market (2022-2028) | Industry, Forecast, Size, Trends, Revenue, Share, Analysis, Value, Outlook, Segmentation & COVID-19 IMPACT

India Automotive Stamping Market Synopsis

Automotive stamping is a process of applying a layer of transferred metal or plastic material over another material to create a three-dimensional shape. This process allows for the production of complex shapes from metal in large volume at high speed. India is the world's fastest-growing automotive market and is projected to grow during the forecast period. This growth is mainly due to increasing incomes, rising disposable income, and increasing number of vehicles in the country. The Indian automotive market is also witnessing an increase in the demand for luxury cars.

According to 6Wresearch, the India Automotive Stamping Market size is expected to grow during 2022-2028. The key factors that are contributing to this growth are increasing production of vehicles in India, rise in demand for luxury cars, and increasing spending on R&D activities by car manufacturers. However, some of the key restraints that are expected to hamper the growth of the automotive stamping market include increased competition from low-cost manufacturing countries, increase in counterfeit products, and lack of skilled workforce.

COVID-19 impact on India Automotive Stamping Industry

The COVID-19 pandemic was challenging for almost every industry around the world. Automotive Stamping Market in India faced numerous challenges during the pandemic. There were numerous restrictions on Automotive Stamping Companies in India because of sudden and high spread of the virus. Currently, the market is recovering from the impacts of the pandemic since other industries that plays major role in the growth of this industry has started operating smoothly. 

Market Analysis by Vehicle

On the basis of vehicle, the market is segmented into Two-Wheeler, Three-Wheeler, Passenger Car and Commercial Vehicle. All these segments are popular in the market these days and expected to dominate the market in the future. 

Market Analysis by Material

On the basis of material, the market is segmented into Steel, Aluminium and Others. These materials are majorly used in the India Automotive Stamping Market in order to add good quality to things.

Market Analysis by Process

On the basis of process, the Automotive Stamping Market in India can be divided into Progressive Die Stamping, Tandem Stamping and Transfer Stamping. These processes are dominating the market and will continue to do so. 

Market Analysis by Product

On the basis of product, the India Automotive Stamping Market can be divided into Body Stamping, BIW Parts, Chassis, Non-Body Stamping, Engine Parts, Transmission And Steering Parts, Braking And Suspension Parts and Electrical Parts. 

Competitive Landscape

The India Automotive Stamping Market which is a part of Asia-Pacific Automotive Stamping Market has high competition. The competition in this market will be more intense with new entries. The major players in the Indian automotive stamping market are Daimler AG (Germany), Denso Corporation (Japan), Continental AG (Germany), Bosch Automotive Service GmbH & Co. KG (Germany), Valeo S.A. (France), Schaeffler Technologies AG (Switzerland), FAW Group Corp. (China) and Mahindra & Mahindra Ltd. (India). 

Automotive Stamping Market Drivers

• The growing popularity of low-cost manufacturing in India
• Increasing demand from the automotive component and accessory industry
• Increasing number of luxury car manufacturers in India
• Growing use of digital technology for automotive stamping
• Increasing adoption of 3D printing for automotive stamping 
• Increase in demand from the battery and electric vehicles industry 
• Growth of the global automotive market

Automotive Stamping Market Restraints

Some of the key restraints that are expected to hamper the growth of the automotive stamping market include increased competition from low-cost manufacturing countries, increase in counterfeit products, and lack of skilled workforce.

Key attractiveness of the report

• COVID-19 Impact on the Market.
• 10 Years Market Numbers.
• Historical Data Starting from 2018 to 2021.
• Base Year: 2021.
• Forecast Data until 2028.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report

• India Automotive Stamping Market Outlook
• Market Size of India Automotive Stamping Market, 2021
• Forecast of India Automotive Stamping Market, 2028
• Historical Data and Forecast of India Automotive Stamping Revenues & Volume for the Period 2018 - 2028
• India Automotive Stamping Market Trend Evolution
• India Automotive Stamping Market Drivers and Challenges
• India Automotive Stamping Price Trends
• India Automotive Stamping Porter's Five Forces
• India Automotive Stamping Industry Life Cycle
• Historical Data and Forecast of India Automotive Stamping Market Revenues & Volume By Vehicle for the Period 2018 - 2028
• Historical Data and Forecast of India Automotive Stamping Market Revenues & Volume By Two-Wheeler for the Period 2018 - 2028
• Historical Data and Forecast of India Automotive Stamping Market Revenues & Volume By Three-Wheeler for the Period 2018 - 2028
• Historical Data and Forecast of India Automotive Stamping Market Revenues & Volume By Passenger Car for the Period 2018 - 2028
• Historical Data and Forecast of India Automotive Stamping Market Revenues & Volume By Commercial Vehicle for the Period 2018 - 2028
• Historical Data and Forecast of India Automotive Stamping Market Revenues & Volume By Material for the Period 2018 - 2028
• Historical Data and Forecast of India Automotive Stamping Market Revenues & Volume By Steel for the Period 2018 - 2028
• Historical Data and Forecast of India Automotive Stamping Market Revenues & Volume By Aluminium for the Period 2018 - 2028
• Historical Data and Forecast of India Automotive Stamping Market Revenues & Volume By Others for the Period 2018 - 2028
• Historical Data and Forecast of India Automotive Stamping Market Revenues & Volume By Process for the Period 2018 - 2028
• Historical Data and Forecast of India Automotive Stamping Market Revenues & Volume By Progressive Die Stamping for the Period 2018 - 2028
• Historical Data and Forecast of India Automotive Stamping Market Revenues & Volume By Tandem Stamping for the Period 2018 - 2028
• Historical Data and Forecast of India Automotive Stamping Market Revenues & Volume By Transfer Stamping for the Period 2018 - 2028
• Historical Data and Forecast of India Automotive Stamping Market Revenues & Volume By Product for the Period 2018 - 2028
• Historical Data and Forecast of India Automotive Stamping Market Revenues & Volume By Body Stamping for the Period 2018 - 2028
• Historical Data and Forecast of India Automotive Stamping Market Revenues & Volume By BIW Parts for the Period 2018 - 2028
• Historical Data and Forecast of India Automotive Stamping Market Revenues & Volume By Chassis for the Period 2018 - 2028
• Historical Data and Forecast of India Automotive Stamping Market Revenues & Volume By Non-Body Stamping for the Period 2018 - 2028
• Historical Data and Forecast of India Automotive Stamping Market Revenues & Volume By Engine Parts for the Period 2018 - 2028
• Historical Data and Forecast of India Automotive Stamping Market Revenues & Volume By Transmission and Steering Parts for the Period 2018 - 2028
• Historical Data and Forecast of India Automotive Stamping Market Revenues & Volume By Braking and Suspension Parts for the Period 2018 - 2028
• Historical Data and Forecast of India Automotive Stamping Market Revenues & Volume By Electrical Parts for the Period 2018 - 2028
• India Automotive Stamping Import Export Trade Statistics
• Market Opportunity Assessment By Vehicle
• Market Opportunity Assessment By Material
• Market Opportunity Assessment By Process
• Market Opportunity Assessment By Product
• India Automotive Stamping Top Companies Market Share
• India Automotive Stamping Competitive Benchmarking By Technical and Operational Parameters
• India Automotive Stamping Company Profiles
• India Automotive Stamping Key Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By Vehicle

• Two-Wheeler
• Three-Wheeler
• Passenger Car
• Commercial Vehicle

By Material

• Steel
• Aluminium and Others

By Process

• Progressive Die Stamping
• Tandem Stamping
• Transfer Stamping

By Product

• Body Stamping
• BIW Parts
• Chassis
• Non-Body Stamping
• Engine Parts
• Transmission And Steering Parts
• Braking And Suspension Part and Electrical Parts

Frequently Asked Questions About the Market Study: FAQs

1. What is the study period of this report?

The study period of this report is 2022-2028.

2. Which factors can boost the growth of Automotive Stamping Market in India?

High capital requirement and stringent regulation, rising demand for electric and hybrid vehicles, technological advancements and increasing preference for customizations and intricate designs is expected to benefit the market. 

3. Who are the major automotive stamping companies in india?

The major comapnies in the Indian automotive stamping market are Daimler AG (Germany), Denso Corporation (Japan), Continental AG (Germany), Bosch Automotive Service GmbH & Co. KG (Germany), Valeo S.A. (France), Schaeffler Technologies AG (Switzerland), FAW Group Corp. (China) and Mahindra & Mahindra Ltd. (India). 

4. Did the COVID-19 pandemic affect the market?

Yes, the COVID-19 pandemic significantly affected the market.

Frequently Asked Questions About the Market Study (FAQs):