The global automotive metal stamping market size is estimated to reach USD 113.2 billion by 2030, registering to grow at a CAGR of 4.9% from 2025 to 2030 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 controlling the strain distribution during stamping is expected to have a positive impact on industry growth.
The automotive manufacturing sector in Asia Pacific and Latin America is rapidly developing with major overseas OEMs establishing production plants to capture the local automobile demand. This has enabled technology transfer to these regions, thus promoting industry growth over the next eight years.
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The blanking segment accounted for the largest share, 39.3%, in 2024 due to its widespread application and the efficiency it brings to the manufacturing process. Blanking allows for precise and consistent production of parts, reducing material waste and ensuring high-quality outcomes.
The passenger cars segment dominated the global automotive metal stamping market in 2024 due to the sheer volume of passenger vehicles produced worldwide, catering to developed and emerging economies.
North America accounted for a 27.7% revenue share of the global automotive metal stamping market in 2024 due to the robust automotive industry in the region, characterized by a strong presence of key market players and ongoing advancements in automotive technology.
Grand View Research has segmented the global automotive metal stamping market based on process, application, and region:
Automotive Metal Stamping Process Outlook (Revenue, USD Million, 2018 - 2030)
Blanking
Embossing
Bending
Coining
Flanging
Others
Automotive Metal Stamping Application Outlook (Revenue, USD Million, 2018 - 2030)
Passenger Cars
Light Commercial Vehicles
Heavy Commercial Vehicles
Recreational Vehicles
Automotive Metal Stamping Regional Outlook (Revenue, USD Million, 2018 - 2030)
North America
U.S.
Canada
Mexico
Europe
Germany
UK
Italy
Asia Pacific
China
India
Japan
Latin America
Brazil
Middle East and Africa (MEA)
List of Key Players in Automotive Metal Stamping Market
AAPICO Hitech Public Company Limited
American Industrial Co.
CAPARO
D&H Industries, Inc.
FCA
Ford Motor Company
General Motors
Gestamp
Goshen Stamping Company
Kenmode, Inc.
Nissan Motor Co., Ltd
Tempco Manufacturing Company, Inc
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