India Metal Stamping Market Size & Outlook, 2023-2030
India metal stamping market, 2018-2030 (US$M)
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India metal stamping market highlights
- The India metal stamping market generated a revenue of USD 4,647.7 million in 2023 and is expected to reach USD 6,738.2 million by 2030.
- The India market is expected to grow at a CAGR of 5.4% from 2024 to 2030.
- In terms of segment, blanking was the largest revenue generating process in 2023.
- Blanking is the most lucrative process segment registering the fastest growth during the forecast period.
Metal stamping market data book summary
| Market revenue in 2023 | USD 4,647.7 million |
| Market revenue in 2030 | USD 6,738.2 million |
| Growth rate | 5.4% (CAGR from 2023 to 2030) |
| Largest segment | Blanking |
| Fastest growing segment | Blanking |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Blanking, Embossing, Bending, Coining, Flanging |
| Key market players worldwide | Kenon Holdings Ltd, FRP Holdings Inc, Nissan Motor Co Ltd, Gestamp Automocion, Ford Motor Co |
Other key industry trends
- In terms of revenue, India accounted for 2.0% of the global metal stamping market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China metal stamping market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 62,804.9 million by 2030.
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Metal Stamping Market Scope
Metal Stamping Market Companies
| Name | Profile | # Employees | HQ | Website |
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India metal stamping market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to metal stamping market will help companies and investors design strategic landscapes.
Blanking was the largest segment with a revenue share of 37.4% in 2023. Horizon Databook has segmented the India metal stamping market based on blanking, embossing, bending, coining, flanging covering the revenue growth of each sub-segment from 2018 to 2030.
India is an agrarian economy focusing on improving infrastructure development. India is among the fastest-growing economies in the world and is witnessing positive economic growth owing to the rising government initiatives such as “Make in India” and Atmanirbhar Bharat, which, in turn, are promoting the country’s manufacturing & infrastructure sector and encouraging FDIs.
This is expected to augment the growth of equipment manufacturing and boost the demand for metal stamping in the country. India is making huge strides in aerospace & defense sector. The availability of highly skilled human resources and the favorable regulatory environment are expected to drive aerospace & defense sector in the country over the forecast period.
Furthermore, the increase in the foreign direct investment limit from 49% to 74% in aerospace & defense sector is expected to provide a major boost to its growth over the forecast period. Major aerospace companies are actively collaborating with Indian companies to manufacture various aerospace components within India.
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Our clientele includes a mix of metal stamping market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the India metal stamping market , including forecasts for subscribers. This country databook contains high-level insights into India metal stamping market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India metal stamping market size, by process, 2018-2030 (US$M)
India Metal Stamping Market Outlook Share, 2023 & 2030 (US$M)
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