LONDON--(BUSINESS WIRE)--Technavio has announced the top five leading vendors in their recent global automotive stamped components market report from 2017-2021. This market research report also lists four other prominent vendors that are expected to impact the market during the forecast period.
Competitive vendor landscape
The market is highly fragmented, and the key players face intense competition in the global automotive stamped components. EMEA accounts for most of the automakers. Around 635 stamping lines across the globe are owned by the top 14 automakers. During 2016, the passenger cars segment accounted for the major shares of the automotive stamped components market. Factors such as the high preference for passenger cars in APAC and the stringent emission regulations will contribute to the growth of this industry segment in the coming years.
According to Ganesh Subramaniam, a lead analyst at Technavio for automotive components research, “The trend of outsourcing the stamping process by the automakers, because of advancements in the stamping process and the high cost associated with stamping lines, is currently shifting the market dynamics.”
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Technavio market research analysts identify the following key vendors:
Gestamp
The main auto parts manufactured by the company are steel products that can be integrated into the interiors or exteriors of the vehicle. These products are divided into three main categories BIW, chassis, and mechanisms (Edscha). BIW encompasses large component parts, assemblies, and high-quality surfaces that are used to create the visible exterior skin of a vehicle. Chassis comprises the bottom part of the vehicle that links the body and the powertrain and carries the load of the vehicle. Mechanisms products include parts like the hood, side and rear doors and lift-gates, as well as pedal systems and hand brakes that enable the user to open and shut the vehicle.
Trans-Matic
The company caters to several markets such as automotive; lock and builder hardware; plumbing; heating ventilation and air conditioning (HVAC); and lawn equipment. In the automotive segment, the company has the following product line: airbags, brakes, cooling systems, emission control, fuel delivery, lighting, motors, sensors, and power outlets.
Lindy Manufacturing
The company manufactures metal stamping & machined parts, precision metal stamping, progressive stamping dies, custom stamped metal parts, and assemblies. Material stampings services that the company offers are metal stamping, stainless steel stamping, precision stamping, aluminum stamping, brass stampings, galvanized steel stamping, bronze stamping, copper stamping, iron stamping, zinc plated, and chrome plated stamping. The company focuses on manufacturing products like blanks, bearings, stamped parts, brackets, and several other small and critical components.
Batesville Tool & Die
The company is the global supplier of precision stamping components. It caters to major industries like automobile, appliances, and other heavy industries. It provides the following metal stamping services: tool & die, metal stamping, and assembly.
All-New Stamping
The company offers high-quality precision stamped components. It has expertise in designing, material selection, and manufacturing. It mainly serves the aerospace and medical industries. The company manufactures components for other industries such as the automotive, electronics, marine, recreational, music, and energy industries.
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