Table of Content

1 INTRODUCTION 32
1.1 OBJECTIVES OF THE STUDY 32
1.2 MARKET DEFINITION 32
1.3 MARKET SCOPE 33
1.3.1 MARKETS COVERED 33
FIGURE 1 MARKET SEGMENTATION: METAL FORMING MARKET FOR AUTOMOTIVE 33
1.3.2 YEARS CONSIDERED FOR THE STUDY 34
1.4 PACKAGE SIZE 34
1.5 LIMITATIONS 34
1.6 STAKEHOLDERS 34

2 RESEARCH METHODOLOGY 35
2.1 RESEARCH DATA 35
FIGURE 2 METAL FORMING MARKET FOR AUTOMOTIVE: RESEARCH DESIGN 35
FIGURE 3 RESEARCH DESIGN MODEL 36
2.2 SECONDARY DATA 37
2.2.1 KEY SECONDARY SOURCES FOR VEHICLE PRODUCTION 37
2.2.2 KEY SECONDARY SOURCES FOR MARKET SIZING 37
2.2.3 KEY DATA FROM SECONDARY SOURCES 38
2.3 PRIMARY DATA 38
FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS 39
2.3.1 SAMPLING TECHNIQUES & DATA COLLECTION METHODS 39
2.3.2 PRIMARY PARTICIPANTS 39
2.4 MARKET SIZE ESTIMATION 40
2.4.1 BOTTOM-UP APPROACH 40
FIGURE 5 METAL FORMING MARKET FOR AUTOMOTIVE: BOTTOM-UP APPROACH 40
2.4.2 TOP-DOWN APPROACH 41
FIGURE 6 METAL FORMING MARKET FOR AUTOMOTIVE, BY METAL: TOP-DOWN APPROACH 41
2.5 MARKET BREAKDOWN AND DATA TRIANGULATION 42
FIGURE 7 DATA TRIANGULATION 42
2.6 ASSUMPTIONS 43

3 EXECUTIVE SUMMARY 45
FIGURE 8 METAL FORMING MARKET FOR AUTOMOTIVE: MARKET OUTLOOK 45
FIGURE 9 COVID-19 IMPACT ON METAL FORMING MARKET FOR AUTOMOTIVE 46
FIGURE 10 METAL FORMING MARKET FOR AUTOMOTIVE, BY REGION, 2020 VS. 2025 (USD BILLION) 47
FIGURE 11 CORE COMPETENCY, BY COMPANY 48

4 PREMIUM INSIGHTS 49
4.1 ATTRACTIVE OPPORTUNITIES IN METAL FORMING MARKET FOR AUTOMOTIVE 49
FIGURE 12 TREND OF VEHICLE LIGHT WEIGHTING TO DRIVE METAL FORMING MARKET FOR AUTOMOTIVE 49
4.2 METAL FORMING MARKET FOR AUTOMOTIVE, BY FORMING TYPE 50
FIGURE 13 COLD FORMING SEGMENT TO DOMINATE OVER THE FORECAST PERIOD
(USD BILLION) 50
4.3 METAL FORMING MARKET FOR AUTOMOTIVE, BY TECHNIQUE 50
FIGURE 14 STAMPING TO BE DOMINANT METAL FORMING TECHNIQUE OVER THE FORECAST PERIOD (USD BILLION) 50
4.4 METAL FORMING MARKET FOR AUTOMOTIVE, BY MATERIAL 51
FIGURE 15 STEEL TO BE LARGEST MATERIAL MARKET OVER THE FORECAST PERIOD
(USD BILLION) 51
4.5 METAL FORMING MARKET FOR AUTOMOTIVE, BY APPLICATION 51
FIGURE 16 BIW TO DOMINATE AS METAL FORMING APPLICATION OVER THE FORECAST PERIOD (USD BILLION) 51
4.6 METAL FORMING MARKET FOR AUTOMOTIVE, BY VEHICLE TYPE 52
FIGURE 17 PASSENGER CARS TO HOLD LARGEST MARKET SHARE OVER THE FORECAST PERIOD (USD BILLION) 52
4.7 METAL FORMING MARKET FOR AUTOMOTIVE, BY ELECTRIC & HYBRID VEHICLE 52
FIGURE 18 BEV ESTIMATED TO LEAD THE MARKET OVER THE FORECAST PERIOD
(USD BILLION) 52

5 MARKET OVERVIEW 53
5.1 INTRODUCTION 53
5.2 MARKET DYNAMICS 54
FIGURE 19 METAL FORMING MARKET FOR AUTOMOTIVE: MARKET DYNAMICS 54
TABLE 1 IMPACT ANALYSIS: METAL FORMING FOR AUTOMOTIVE MARKET DYNAMICS 54
5.2.1 DRIVERS 55
5.2.1.1 Rising global vehicle production and growing commercial vehicle demand 55
FIGURE 20 GLOBAL VEHICLE PRODUCTION, BY VEHICLE TYPE, 2020-2025
(MILLION UNITS) 56
5.2.1.2 Stringent emission and fuel economy regulations for lightweight materials 56
FIGURE 21 GLOBAL EMISSION REGULATIONS, BY COUNTRY, 2014-2025 57
5.2.2 RESTRAINTS 57
5.2.2.1 Increasing usage of composites in automotive applications 57
TABLE 2 US: FUTURE WEIGHT REDUCTION TARGETS, BY COMPONENT, 2025 VS. 2050 57
TABLE 3 PLASTIC USE IN VEHICLES 58
5.2.3 OPPORTUNITY 58
5.2.3.1 Growing sales of electric and hybrid vehicles 58
FIGURE 22 BEV & HEV SALES: 2018 VS. 2020 VS. 2025 59
5.2.3.2 Increasing adoption of hydroforming techniques 59
5.2.4 CHALLENGES 60
5.2.4.1 High capital investments for new entrants to set up metal forming process 60
5.3 ECOSYSTEM ANALYSIS 60
FIGURE 23 METAL FORMING MARKET FOR AUTOMOTIVE: ECOSYSTEM 60
5.4 COVID-19 IMPACT ON METAL FORMING MARKET 61
FIGURE 24 METAL FORMING MARKET FOR AUTOMOTIVE: PRE-COVID-19 VS.
POST COVID -19 61

6 TECHNOLOGICAL OVERVIEW 63
6.1 INTRODUCTION 63
6.2 ADVANTAGES OF METAL FORMING TECHNIQUES OVER OTHER TECHNIQUES 63
6.3 TYPES OF FORMING TECHNIQUES 64
6.3.1 ROLL FORMING 64
FIGURE 25 ROLL FORMING PROCESS 64
6.3.2 STRETCH FORMING 65
FIGURE 26 STRETCH FORMING PROCESS 65
6.3.3 DEEP DRAWING 65
FIGURE 27 DEEP DRAWING PROCESS 65
6.3.4 STAMPING 66
FIGURE 28 STAMPING PROCESS 66
6.3.5 HOT FORMING 66
FIGURE 29 HOT FORMING PROCESS 66
6.3.6 HYDROFORMING 67
FIGURE 30 HYDROFORMING PROCESS 67
6.4 HYDROFORMING: THE FUTURE OF AUTOMOTIVE FORMING 67
6.4.1 ADVANTAGES OF HYDROFORMING 68
6.5 ADDITIVE MANUFACTURING 68
6.5.1 ADVANTAGES OF ADDITIVE MANUFACTURING 69
6.5.2 DISADVANTAGES OF ADDITIVE MANUFACTURING 69

7 METAL FORMING MARKET FOR AUTOMOTIVE, BY TECHNIQUE 70
7.1 INTRODUCTION 71
FIGURE 31 METAL FORMING MARKET FOR AUTOMOTIVE, BY TECHNIQUE,
2020 VS. 2025 (USD BILLION) 71
TABLE 4 METAL FORMING MARKET FOR AUTOMOTIVE, BY TECHNIQUE,
2017–2025 (MILLION TON) 71
TABLE 5 METAL FORMING MARKET FOR AUTOMOTIVE, BY TECHNIQUE,
2017–2025 (USD BILLION) 72
7.1.1 RESEARCH METHODOLOGY 72
7.1.2 ASSUMPTIONS 72
TABLE 6 ASSUMPTIONS: BY TECHNIQUE 72
7.1.3 KEY PRIMARY INSIGHTS 73
FIGURE 32 KEY PRIMARY INSIGHTS 73
?
7.2 ROLL FORMING 73
7.2.1 HIGHEST VEHICLE PRODUCTION WILL DRIVE ASIA OCEANIA’S THE MARKET FOR ROLL FORMING 73
TABLE 7 ROLL FORMING: METAL FORMING MARKET FOR AUTOMOTIVE, BY REGION, 2017–2025 (MILLION TON) 73
TABLE 8 ROLL FORMING: METAL FORMING MARKET FOR AUTOMOTIVE, BY REGION, 2017–2025 (USD BILLION) 74
7.3 STRETCH FORMING 74
7.3.1 LOW COST OF STRETCH FORMING PROCESS DRIVES PRICE-SENSITIVE
ASIA OCEANIA MARKET 74
TABLE 9 STRETCH FORMING: METAL FORMING MARKET FOR AUTOMOTIVE,
BY REGION, 2017–2025 (MILLION TON) 74
TABLE 10 STRETCH FORMING: METAL FORMING MARKET FOR AUTOMOTIVE,
BY REGION, 2017–2025 (USD BILLION) 75
7.4 DEEP DRAWING 75
7.4.1 USE OF PLASTICS & COMPOSITES IN COMPONENTS HAMPERS DEEP DRAWING SEGMENT IN EUROPE AND NORTH AMERICA 75
TABLE 11 DEEP DRAWING: METAL FORMING MARKET FOR AUTOMOTIVE, BY REGION, 2017–2025 (MILLION TON) 75
TABLE 12 DEEP DRAWING: METAL FORMING MARKET FOR AUTOMOTIVE, BY REGION, 2017–2025 (USD BILLION) 76
7.5 STAMPING 76
7.5.1 WIDE USE OF STAMPING DRIVES ITS DOMINANCE IN
METAL FORMING MARKET 77
TABLE 13 STAMPING: METAL FORMING MARKET FOR AUTOMOTIVE, BY REGION,
2017–2025 (MILLION TON) 77
TABLE 14 STAMPING: METAL FORMING MARKET FOR AUTOMOTIVE, BY REGION,
2017–2025 (USD BILLION) 77
7.6 HYDROFORMING 78
7.6.1 DEMAND FOR BETTER SURFACE QUALITY DRIVES THE MARKET FOR HYDROFORMING TECHNIQUE 78
TABLE 15 HYDROFORMING: METAL FORMING MARKET FOR AUTOMOTIVE, BY REGION, 2017–2025 (MILLION TON) 78
TABLE 16 HYDROFORMING: METAL FORMING MARKET FOR AUTOMOTIVE, BY REGION, 2017–2025 (USD BILLION) 78
7.7 OTHERS 79
TABLE 17 OTHER TECHNIQUES: METAL FORMING MARKET FOR AUTOMOTIVE,
BY REGION, 2017–2025 (MILLION TON) 79
TABLE 18 OTHER TECHNIQUES: METAL FORMING MARKET FOR AUTOMOTIVE,
BY REGION, 2017–2025 (USD BILLION) 79
8 METAL FORMING MARKET FOR AUTOMOTIVE, BY FORMING TYPE 80
8.1 INTRODUCTION 81
FIGURE 33 METAL FORMING MARKET FOR AUTOMOTIVE, BY FORMING TYPE,
2020 VS. 2025 (USD BILLION) 81
TABLE 19 METAL FORMING MARKET FOR AUTOMOTIVE, BY FORMING TYPE,
2017–2025 (MILLION TON) 81
TABLE 20 METAL FORMING MARKET FOR AUTOMOTIVE, BY FORMING TYPE,
2017–2025 (USD BILLION) 82
8.1.1 RESEARCH METHODOLOGY 82
8.1.2 ASSUMPTIONS 82
TABLE 21 ASSUMPTIONS: BY FORMING TYPE 82
8.1.3 KEY PRIMARY INSIGHTS 83
FIGURE 34 KEY PRIMARY INSIGHTS 83
8.2 COLD FORMING 83
8.2.1 COLD FORMING TO REMAIN MOST PROMINENT AND ECONOMICAL METHOD OF FORMING FOR AUTOMOTIVE PARTS 83
TABLE 22 COLD FORMING: METAL FORMING MARKET FOR AUTOMOTIVE, BY REGION, 2017–2025 (MILLION TON) 83
TABLE 23 COLD FORMING: METAL FORMING MARKET FOR AUTOMOTIVE, BY REGION, 2017–2025 (USD BILLION) 84
8.3 HOT FORMING 84
8.3.1 INCREASING DEMAND FOR BETTER-QUALITY AUTOMOTIVE COMPONENTS TO DRIVE HOT FORMING SEGMENT 84
TABLE 24 HOT FORMING: METAL FORMING MARKET FOR AUTOMOTIVE, BY REGION, 2017–2025 (MILLION TON) 84
TABLE 25 HOT FORMING: METAL FORMING MARKET FOR AUTOMOTIVE, BY REGION, 2017–2025 (USD BILLION) 85
8.4 WARM FORMING 85
8.4.1 ADVANTAGES OVER HOT AND COLD FORMING PROPEL DEMAND FOR WARM FORMING METHOD 86
TABLE 26 WARM FORMING: METAL FORMING MARKET FOR AUTOMOTIVE, BY REGION, 2017–2025 (MILLION TON) 86
TABLE 27 WARM FORMING: METAL FORMING MARKET FOR AUTOMOTIVE, BY REGION, 2017–2025 (USD BILLION) 86
9 METAL FORMING MARKET FOR AUTOMOTIVE, BY APPLICATION 87
9.1 INTRODUCTION 88
FIGURE 35 METAL FORMING MARKET FOR AUTOMOTIVE, BY APPLICATION,
2020 VS. 2025 (USD BILLION) 88
TABLE 28 METAL FORMING MARKET FOR AUTOMOTIVE, BY APPLICATION,
2017–2025 (MILLION TON) 88
TABLE 29 METAL FORMING MARKET FOR AUTOMOTIVE, BY APPLICATION,
2017–2025 (USD BILLION) 89
9.1.1 RESEARCH METHODOLOGY 89
9.1.2 ASSUMPTIONS 89
TABLE 30 ASSUMPTIONS: BY APPLICATION 89
9.1.3 KEY PRIMARY INSIGHTS 90
FIGURE 36 KEY PRIMARY INSIGHTS 90
9.2 BIW 90
TABLE 31 EC AND EUCAR - SUPER LIGHT-CAR (SLC) PROJECT 90
9.2.1 BIW SEGMENT TO BE DRIVEN BY HIGH VEHICLE PRODUCTION IN
ASIA OCEANIA 91
TABLE 32 BIW: METAL FORMING MARKET FOR AUTOMOTIVE, BY REGION,
2017–2025 (MILLION TON) 91
TABLE 33 BIW: METAL FORMING MARKET FOR AUTOMOTIVE, BY REGION,
2017–2025 (USD BILLION) 91
9.3 CHASSIS 92
9.3.1 DEMAND FOR LIGHTWEIGHTING OF LCVS AND COMMERCIAL VEHICLES INFLUENCES DEMAND FOR CHASSIS IN NORTH AMERICA 92
TABLE 34 CHASSIS: METAL FORMING MARKET FOR AUTOMOTIVE, BY REGION,
2017–2025 (MILLION TON) 92
TABLE 35 CHASSIS: METAL FORMING MARKET FOR AUTOMOTIVE, BY REGION,
2017–2025 (USD BILLION) 92
9.4 CLOSURES 93
9.4.1 NORTH AMERICA TO WITNESS HIGHEST GROWTH RATE FOR CLOSURES 93
TABLE 36 CLOSURES: METAL FORMING MARKET FOR AUTOMOTIVE, BY REGION,
2017–2025 (MILLION TON) 93
TABLE 37 CLOSURES: METAL FORMING MARKET FOR AUTOMOTIVE, BY REGION,
2017–2025 (USD BILLION) 93
9.5 OTHERS 94
9.5.1 DEMAND FOR ASTATIC FEATURES TO DRIVE DEMAND FOR OTHER APPLICATIONS IN NORTH AMERICA 94
TABLE 38 OTHER APPLICATIONS: METAL FORMING MARKET FOR AUTOMOTIVE,
BY REGION, 2017–2025 (MILLION TON) 94
TABLE 39 OTHER APPLICATIONS: METAL FORMING MARKET FOR AUTOMOTIVE,
BY REGION, 2017–2025 (USD BILLION) 95

10 METAL FORMING MARKET FOR AUTOMOTIVE, BY MATERIAL 96
10.1 INTRODUCTION 97
TABLE 40 AVERAGE MASS REDUCTION WITH THE USE OF LIGHTWEIGHT MATERIALS (%) 97
FIGURE 37 METAL FORMING MARKET FOR AUTOMOTIVE, BY MATERIAL, 2020 VS. 2025 98
TABLE 41 METAL FORMING MARKET FOR AUTOMOTIVE, BY MATERIAL,
2017–2025 (MILLION TON) 98
TABLE 42 METAL FORMING MARKET FOR AUTOMOTIVE, BY MATERIAL,
2017–2025 (USD BILLION) 98
10.1.1 RESEARCH METHODOLOGY 99
10.1.2 ASSUMPTIONS 99
TABLE 43 ASSUMPTIONS: BY MATERIAL 99
10.1.3 KEY PRIMARY INSIGHTS 99
FIGURE 38 KEY PRIMARY INSIGHTS 99
10.2 STEEL 99
10.2.1 MARGINAL DECLINE IN ADOPTION OF STEEL LIKELY, OWING TO TREND OF MULTI-MATERIAL BODY 100
TABLE 44 STEEL: METAL FORMING MARKET FOR AUTOMOTIVE, BY REGION,
2017–2025 (MILLION TON) 100
TABLE 45 STEEL: METAL FORMING MARKET FOR AUTOMOTIVE, BY REGION,
2017–2025 (USD BILLION) 100
?
10.3 ALUMINUM 101
10.3.1 ALUMINUM TO GAIN PROMINENCE AS MATERIAL OF CHOICE FOR BIW DURING FORECAST PERIOD 101
TABLE 46 ALUMINUM: METAL FORMING MARKET FOR AUTOMOTIVE, BY REGION, 2017–2025 (MILLION TON) 101
TABLE 47 ALUMINUM: METAL FORMING MARKET FOR AUTOMOTIVE, BY REGION, 2017–2025 (USD BILLION) 102
10.4 MAGNESIUM 102
10.4.1 DRIVEN BY COLLABORATIONS BETWEEN OEMS AND TIER 1 R&D, ADOPTION OF MAGNESIUM TO INCREASE 103
TABLE 48 MAGNESIUM: METAL FORMING MARKET FOR AUTOMOTIVE, BY REGION, 2017–2025 (?000 TON) 103
TABLE 49 MAGNESIUM: METAL FORMING MARKET FOR AUTOMOTIVE, BY REGION, 2017–2025 (USD BILLION) 103
10.5 OTHERS 104
10.5.1 ASIA OCEANIA TO GROW AT HIGHEST CAGR FOR OTHER MATERIALS 104
TABLE 50 OTHER MATERIALS: METAL FORMING MARKET FOR AUTOMOTIVE, BY REGION, 2017–2025 (?000 TON) 104
TABLE 51 OTHER MATERIALS: METAL FORMING MARKET FOR AUTOMOTIVE, BY REGION, 2017–2025 (USD BILLION) 104

11 METAL FORMING MARKET FOR AUTOMOTIVE, BY VEHICLE TYPE 105
11.1 INTRODUCTION 106
FIGURE 39 METAL FORMING MARKET FOR AUTOMOTIVE, BY VEHICLE TYPE,
2020 VS. 2025 (USD BILLION) 106
TABLE 52 METAL FORMING MARKET FOR AUTOMOTIVE, BY VEHICLE TYPE,
2017–2025 (MILLION TON) 107
TABLE 53 METAL FORMING MARKET FOR AUTOMOTIVE, BY VEHICLE TYPE,
2017–2025 (USD BILLION) 107
11.1.1 RESEARCH METHODOLOGY 107
11.1.2 ASSUMPTIONS 108
TABLE 54 ASSUMPTIONS: BY VEHICLE TYPE 108
11.1.3 KEY PRIMARY INSIGHTS 108
FIGURE 40 KEY PRIMARY INSIGHTS 108
11.2 PASSENGER CARS 108
11.2.1 HIGH VEHICLE PRODUCTION IN ASIA PACIFIC A RESULT OF INCREASED MOBILITY NEEDS IN CHINA AND INDIA 109
TABLE 55 PASSENGER CARS: METAL FORMING MARKET FOR AUTOMOTIVE, BY REGION, 2017–2025 (MILLION TON) 109
TABLE 56 PASSENGER CARS: METAL FORMING MARKET FOR AUTOMOTIVE, BY REGION, 2017–2025 (USD BILLION) 109
11.3 LIGHT COMMERCIAL VEHICLES (LCV) 110
11.3.1 INCREASING DEMAND FOR LAST-MILE DELIVERY TO INCREASE DEMAND FOR LCVS IN NORTH AMERICA 110
TABLE 57 LCV: METAL FORMING MARKET FOR AUTOMOTIVE, BY REGION,
2017–2025 (MILLION TON) 110
TABLE 58 LCV: METAL FORMING MARKET FOR AUTOMOTIVE, BY REGION,
2017–2025 (USD BILLION) 110
11.4 TRUCKS 111
11.4.1 STRINGENT EMISSION NORMS TO RESULT IN SHIFT TO LIGHTWEIGHT SOLUTIONS FOR METAL FORMING IN TRUCKS 112
TABLE 59 TRUCKS: METAL FORMING MARKET FOR AUTOMOTIVE, BY REGION,
2017–2025 (MILLION TON) 112
TABLE 60 TRUCKS: METAL FORMING MARKET FOR AUTOMOTIVE, BY REGION,
2017–2025 (USD BILLION) 112
11.5 BUSES 113
11.5.1 INCREASING TREND OF INTER AND INTRA CITY TRAVEL SPURS DEMAND
FOR BUSES 113
TABLE 61 BUSES: METAL FORMING MARKET FOR AUTOMOTIVE, BY REGION,
2017–2025 (MILLION TON) 113
TABLE 62 BUSES: METAL FORMING MARKET FOR AUTOMOTIVE, BY REGION,
2017–2025 (USD BILLION) 114

12 METAL FORMING MARKET FOR ELECTRIC AND HYBRID VEHICLES, BY VEHICLE TYPE 115
12.1 INTRODUCTION 116
FIGURE 41 METAL FORMING MARKET FOR ELECTRIC AND HYBRID VEHICLES,
BY VEHICLE TYPE, 2020 VS. 2025 (USD BILLION) 116
TABLE 63 METAL FORMING MARKET FOR ELECTRIC AND HYBRID VEHICLES,
BY VEHICLE TYPE, 2017–2025 (000’ TON) 117
TABLE 64 METAL FORMING MARKET FOR ELECTRIC AND HYBRID VEHICLES,
BY VEHICLE TYPE, 2017–2025 (USD BILLION) 117
12.1.1 RESEARCH METHODOLOGY 117
12.1.2 ASSUMPTIONS 118
TABLE 65 ASSUMPTIONS: BY ELECTRIC AND HYBRID VEHICLE TYPE 118
12.1.3 KEY PRIMARY INSIGHTS 118
FIGURE 42 KEY PRIMARY INSIGHTS 118
12.2 BEV 118
TABLE 66 TOP SELLING MODELS OF BEV 118
12.2.1 INCREASING DEMAND FOR EMISSION-FREE VEHICLES STIMULATES MARKET FOR BEV METAL FORMING 119
TABLE 67 BEV: METAL FORMING MARKET FOR ELECTRIC AND HYBRID VEHICLES,
BY REGION, 2017–2025 (000’ TON) 119
TABLE 68 BEV: METAL FORMING MARKET FOR ELECTRIC AND HYBRID VEHICLES,
BY REGION, 2017–2025 (USD BILLION) 119
12.3 PHEV 120
12.3.1 INCREASING ADOPTION OF LOW-EMISSION VEHICLES PROPELS PHEV METAL FORMING MARKET 120
TABLE 69 PHEV: METAL FORMING MARKET FOR ELECTRIC AND HYBRID VEHICLES,
BY REGION, 2017 -2025 (000’ TON) 120
TABLE 70 PHEV: METAL FORMING MARKET FOR ELECTRIC AND HYBRID VEHICLES,
BY REGION, 2017–2025 (USD BILLION) 120
12.4 FCEV 121
12.4.1 ASIA PACIFIC TO DOMINATE METAL FORMING MARKET FOR FCEV 121
TABLE 71 FCEV: METAL FORMING MARKET FOR ELECTRIC AND HYBRID VEHICLES,
BY REGION, 2017–2025 (000’ TON) 121
TABLE 72 FCEV: METAL FORMING MARKET FOR ELECTRIC AND HYBRID VEHICLES,
BY REGION, 2017–2025 (USD MILLION) 121
13 METAL FORMING MARKET FOR AUTOMOTIVE, BY REGION 122
13.1 INTRODUCTION 123
FIGURE 43 METAL FORMING MARKET FOR AUTOMOTIVE, BY REGION,
2020 VS. 2025 (USD BILLION) 123
TABLE 73 METAL FORMING MARKET FOR AUTOMOTIVE, BY REGION,
2017–2025 (MILLION TON) 124
TABLE 74 METAL FORMING MARKET FOR AUTOMOTIVE, BY REGION,
2017–2025 (USD BILLION) 124
13.2 ASIA OCEANIA 125
13.2.1 IMPACT OF COVID-19 ON ASIA OCEANIA METAL FORMING MARKET
FOR AUTOMOTIVE 126
FIGURE 44 ASIA OCEANIA METAL FORMING MARKET FOR AUTOMOTIVE:
PRE-COVID-19 VS. POST-COVID-19 SCENARIO 126
TABLE 75 ASIA PACIFIC: METAL FORMING MARKET FOR AUTOMOTIVE,
PRE-COVID-19 VS. POST-COVID-19 SCENARIO (USD BILLION) 127
FIGURE 45 ASIA OCEANIA: METAL FORMING MARKET FOR AUTOMOTIVE SNAPSHOT 127
FIGURE 46 ASIA OCEANIA: METAL FORMING MARKET FOR AUTOMOTIVE, BY COUNTRY, 2020 VS. 2025 (USD BILLION) 128
TABLE 76 ASIA OCEANIA: METAL FORMING MARKET FOR AUTOMOTIVE, BY COUNTRY, 2017–2025 (MILLION TON) 128
TABLE 77 ASIA OCEANIA: METAL FORMING MARKET FOR AUTOMOTIVE, BY COUNTRY, 2017–2025 (USD BILLION) 129
13.2.2 CHINA 129
13.2.2.1 Roll forming to account for largest market share in China 129
TABLE 78 CHINA: METAL FORMING MARKET FOR AUTOMOTIVE, BY TECHNIQUE,
2017–2025 (MILLION TON) 129
TABLE 79 CHINA: METAL FORMING MARKET FOR AUTOMOTIVE, BY TECHNIQUE,
2017–2025 (USD BILLION) 130
13.2.3 INDIA 130
13.2.3.1 Increasing production of mid-level cars to drive demand for hydroforming in India 130
TABLE 80 INDIA: METAL FORMING MARKET FOR AUTOMOTIVE, BY TECHNIQUE,
2017–2025 (MILLION TON) 130
TABLE 81 INDIA: METAL FORMING MARKET FOR AUTOMOTIVE, BY TECHNIQUE,
2017–2025 (USD BILLION) 131
13.2.4 JAPAN 131
13.2.4.1 Mature automotive market in Japan to witness slow growth in forecast period 131
TABLE 82 JAPAN: METAL FORMING MARKET FOR AUTOMOTIVE, BY TECHNIQUE,
2017–2025 (MILLION TON) 131
TABLE 83 JAPAN: METAL FORMING MARKET FOR AUTOMOTIVE, BY TECHNIQUE,
2017–2025 (USD BILLION) 132
13.2.5 SOUTH KOREA 132
13.2.5.1 Stamping to dominate the market in South Korea 132
TABLE 84 SOUTH KOREA: METAL FORMING MARKET FOR AUTOMOTIVE, BY TECHNIQUE, 2017–2025 (MILLION TON) 132
TABLE 85 SOUTH KOREA: METAL FORMING MARKET FOR AUTOMOTIVE, BY TECHNIQUE, 2017–2025 (USD BILLION) 133
13.2.6 THAILAND 133
13.2.6.1 Market in Thailand to witness slow growth in forecast period 133
TABLE 86 THAILAND: METAL FORMING MARKET FOR AUTOMOTIVE, BY TECHNIQUE, 2017–2025 (MILLION TON) 133
TABLE 87 THAILAND: METAL FORMING MARKET FOR AUTOMOTIVE, BY TECHNIQUE, 2017–2025 (USD BILLION) 134
13.2.7 REST OF ASIA OCEANIA 134
13.2.7.1 Countries such as Indonesia boost demand for hydroforming
in the Rest of Asia Oceania 134
TABLE 88 REST OF ASIA OCEANIA: METAL FORMING MARKET FOR AUTOMOTIVE,
BY TECHNIQUE, 2017–2025 (MILLION TON) 134
TABLE 89 REST OF ASIA OCEANIA: METAL FORMING MARKET FOR AUTOMOTIVE,
BY TECHNIQUE, 2017–2025 (USD BILLION) 135
13.3 EUROPE 135
13.3.1 IMPACT OF COVID-19 ON THE EUROPEAN METAL FORMING MARKET
FOR AUTOMOTIVE 136
FIGURE 47 EUROPEAN METAL FORMING MARKET: PRE-COVID-19 VS.
POST-COVID-19 SCENARIO 136
TABLE 90 EUROPE: METAL FORMING MARKET FOR AUTOMOTIVE MARKET,
PRE-COVID-19 VS. POST-COVID-19 SCENARIO (USD BILLION) 137
FIGURE 48 EUROPE: METAL FORMING MARKET FOR AUTOMOTIVE SNAPSHOT 137
FIGURE 49 EUROPE: METAL FORMING MARKET FOR AUTOMOTIVE, BY COUNTRY,
2020 VS. 2025 (USD BILLION) 138
TABLE 91 EUROPE: METAL FORMING MARKET FOR AUTOMOTIVE, BY COUNTRY,
2017–2025 (MILLION TON) 138
TABLE 92 EUROPE: METAL FORMING MARKET FOR AUTOMOTIVE, BY COUNTRY,
2017–2025 (USD BILLION) 139
13.3.2 FRANCE 139
13.3.2.1 Trend of lightweighting hampers growth of deep drawing segment
in France 139
TABLE 93 FRANCE: METAL FORMING MARKET FOR AUTOMOTIVE, BY TECHNIQUE, 2017–2025 (MILLION TON) 139
TABLE 94 FRANCE: METAL FORMING MARKET FOR AUTOMOTIVE, BY TECHNIQUE, 2017–2025 (USD BILLION) 140
13.3.3 GERMANY 140
13.3.3.1 Germany – Europe’s vehicle manufacturing hub to account for largest share in metal forming market 140
TABLE 95 GERMANY: METAL FORMING MARKET FOR AUTOMOTIVE, BY TECHNIQUE, 2017–2025 (MILLION TON) 140
TABLE 96 GERMANY: METAL FORMING MARKET FOR AUTOMOTIVE, BY TECHNIQUE, 2017–2025 (USD BILLION) 141
13.3.4 RUSSIA 141
13.3.4.1 Stamping to hold largest share of metal forming market in Russia 141
TABLE 97 RUSSIA: METAL FORMING MARKET FOR AUTOMOTIVE, BY TECHNIQUE, 2017–2025 (MILLION TON) 141
TABLE 98 RUSSIA: METAL FORMING MARKET FOR AUTOMOTIVE, BY TECHNIQUE, 2017–2025 (USD BILLION) 142
13.3.5 SPAIN 142
13.3.5.1 Lightweighting trend to boost demand for hydroforming in Spain 142
TABLE 99 SPAIN: METAL FORMING MARKET FOR AUTOMOTIVE, BY TECHNIQUE,
2017–2025 (MILLION TON) 142
TABLE 100 SPAIN: METAL FORMING MARKET FOR AUTOMOTIVE, BY TECHNIQUE,
2017–2025 (USD BILLION) 143
13.3.6 TURKEY 143
13.3.6.1 Turkey projected to be fastest-growing market in Europe 143
TABLE 101 TURKEY: METAL FORMING MARKET FOR AUTOMOTIVE, BY TECHNIQUE, 2017–2025 (MILLION TON) 143
TABLE 102 TURKEY: METAL FORMING MARKET FOR AUTOMOTIVE, BY TECHNIQUE, 2017–2025 (USD BILLION) 144
13.3.7 UK 144
13.3.7.1 Stamping estimated to account for largest share, followed by roll forming in the UK 144
TABLE 103 UK: METAL FORMING MARKET FOR AUTOMOTIVE, BY TECHNIQUE,
2017–2025 (MILLION TON) 144
TABLE 104 UK: METAL FORMING MARKET FOR AUTOMOTIVE, BY TECHNIQUE,
2017–2025 (USD BILLION) 145
13.3.8 REST OF EUROPE 145
13.3.8.1 Demand from high-income Nordic countries to drive demand for hydroforming in forecast period 145
TABLE 105 REST OF EUROPE: METAL FORMING MARKET FOR AUTOMOTIVE,
BY TECHNIQUE, 2017–2025 (MILLION TON) 145
TABLE 106 REST OF EUROPE: METAL FORMING MARKET FOR AUTOMOTIVE,
BY TECHNIQUE, 2017–2025 (USD BILLION) 146
13.4 NORTH AMERICA 146
13.4.1 IMPACT OF COVID-19 ON NORTH AMERICAN METAL FORMING MARKET
FOR AUTOMOTIVE 147
FIGURE 50 NORTH AMERICAN METAL FORMING MARKET FOR AUTOMOTIVE:
PRE-COVID-19 VS. POST-COVID-19 SCENARIO 147
TABLE 107 NORTH AMERICA: METAL FORMING MARKET FOR AUTOMOTIVE,
PRE-COVID-19 VS. POST-COVID-19 SCENARIO (USD BILLION) 148
FIGURE 51 NORTH AMERICA: METAL FORMING MARKET FOR AUTOMOTIVE SNAPSHOT 148
FIGURE 52 NORTH AMERICA: METAL FORMING MARKET FOR AUTOMOTIVE, BY COUNTRY, 2020 VS. 2025 (USD BILLION) 149
TABLE 108 NORTH AMERICA: METAL FORMING MARKET FOR AUTOMOTIVE, BY COUNTRY, 2017–2025 (MILLION TON) 149
TABLE 109 NORTH AMERICA: METAL FORMING MARKET FOR AUTOMOTIVE, BY COUNTRY, 2017–2025 (USD BILLION) 149
13.4.2 CANADA 150
13.4.2.1 Stringent emission standards to drive demand for hydroforming
in Canada 150
TABLE 110 CANADA: METAL FORMING MARKET FOR AUTOMOTIVE, BY TECHNIQUE, 2017–2025 (MILLION TON) 150
TABLE 111 CANADA: METAL FORMING MARKET FOR AUTOMOTIVE, BY TECHNIQUE, 2017–2025 (USD BILLION) 150
13.4.3 MEXICO 151
13.4.3.1 Increasing demand for mobility to drive Mexican market for vehicles, and subsequently metal forming 151
TABLE 112 MEXICO: METAL FORMING MARKET FOR AUTOMOTIVE, BY TECHNIQUE, 2017–2025 (MILLION TON) 151
TABLE 113 MEXICO: METAL FORMING MARKET FOR AUTOMOTIVE, BY TECHNIQUE, 2017–2025 (USD BILLION) 151
13.4.4 US 152
13.4.4.1 US estimated to account for largest market share in North America 152
TABLE 114 US: METAL FORMING MARKET FOR AUTOMOTIVE, BY TECHNIQUE,
2017–2025 (MILLION TON) 152
TABLE 115 US: METAL FORMING MARKET FOR AUTOMOTIVE, BY TECHNIQUE,
2017–2025 (USD BILLION) 152
13.5 SOUTH AMERICA 153
FIGURE 53 SOUTH AMERICA: METAL FORMING MARKET FOR AUTOMOTIVE, BY COUNTRY, 2020 VS. 2025 (USD BILLION) 153
13.5.1 IMPACT OF COVID-19 ON SOUTH AMERICAN METAL FORMING MARKET
FOR AUTOMOTIVE 153
FIGURE 54 SOUTH AMERICAN METAL FORMING MARKET FOR AUTOMOTIVE:
PRE-COVID-19 VS. POST-COVID-19 SCENARIO 154
TABLE 116 SOUTH AMERICA: METAL FORMING MARKET FOR AUTOMOTIVE,
PRE-COVID-19 VS. POST-COVID-19 SCENARIO (USD BILLION) 154
TABLE 117 SOUTH AMERICA: METAL FORMING MARKET FOR AUTOMOTIVE, BY COUNTRY, 2017–2025 (MILLION TON) 154
TABLE 118 SOUTH AMERICA: METAL FORMING MARKET FOR AUTOMOTIVE, BY COUNTRY, 2017–2025 (USD BILLION) 155
13.5.2 BRAZIL 155
13.5.2.1 Brazil estimated to record fastest growth and account for largest share in the region 155
TABLE 119 BRAZIL: METAL FORMING MARKET FOR AUTOMOTIVE, BY TECHNIQUE,
2017–2025 (MILLION TON) 155
TABLE 120 BRAZIL: METAL FORMING MARKET FOR AUTOMOTIVE, BY TECHNIQUE,
2017–2025 (USD BILLION) 156
13.5.3 ARGENTINA 156
13.5.3.1 Emission regulations in Argentina to drive market for hydroforming 156
TABLE 121 ARGENTINA: METAL FORMING MARKET FOR AUTOMOTIVE, BY TECHNIQUE, 2017–2025 (MILLION TON) 156
TABLE 122 ARGENTINA: METAL FORMING MARKET FOR AUTOMOTIVE, BY TECHNIQUE, 2017–2025 (USD BILLION) 157
?
13.6 MIDDLE EAST & AFRICA 157
FIGURE 55 MIDDLE EAST & AFRICA: METAL FORMING MARKET FOR AUTOMOTIVE,
BY COUNTRY, 2020 VS. 2025 (USD BILLION) 158
13.6.1 IMPACT OF COVID-19 ON MIDDLE EAST & AFRICA METAL FORMING MARKET FOR AUTOMOTIVE 158
FIGURE 56 MIDDLE EAST & AFRICA METAL FORMING MARKET FOR AUTOMOTIVE:
PRE-COVID-19 VS. POST-COVID-19 SCENARIO 158
TABLE 123 MIDDLE EAST & AFRICA: METAL FORMING MARKET FOR AUTOMOTIVE,
PRE-COVID-19 VS. POST-COVID-19 SCENARIO (USD BILLION) 159
TABLE 124 MIDDLE EAST & AFRICA: METAL FORMING MARKET FOR AUTOMOTIVE,
BY COUNTRY, 2017–2025 (MILLION TON) 159
TABLE 125 MIDDLE EAST & AFRICA: METAL FORMING MARKET FOR AUTOMOTIVE,
BY COUNTRY, 2017–2025 (USD BILLION) 159
13.6.2 IRAN 160
13.6.2.1 Debt-ridden automotive industry in Iran to witness flat growth in forecast period 160
TABLE 126 IRAN: METAL FORMING MARKET FOR AUTOMOTIVE, BY TECHNIQUE,
2017–2025 (000’ TON) 160
TABLE 127 IRAN: METAL FORMING MARKET FOR AUTOMOTIVE, BY TECHNIQUE,
2017–2025 (USD MILLION) 160
13.6.3 SOUTH AFRICA 161
13.6.3.1 Increasing population in South Africa to drive demand for mobility 161
TABLE 128 SOUTH AFRICA: METAL FORMING MARKET FOR AUTOMOTIVE, BY TECHNIQUE, 2017–2025 (MILLION TON) 161
TABLE 129 SOUTH AFRICA: METAL FORMING MARKET FOR AUTOMOTIVE, BY TECHNIQUE, 2017–2025 (USD MILLION) 161

14 COMPETITIVE LANDSCAPE 162
14.1 OVERVIEW 162
FIGURE 57 COMPANIES ADOPTED EXPANSIONS AS THE KEY GROWTH STRATEGY,
2017–2020 162
14.2 METAL FORMING MARKET FOR AUTOMOTIVE: MARKET RANKING ANALYSIS 163
FIGURE 58 METAL FORMING MARKET FOR AUTOMOTIVE: RANKING ANALYSIS, 2019 163
14.3 COMPETITIVE LEADERSHIP MAPPING 164
14.3.1 STARS 164
14.3.2 EMERGING LEADERS 164
14.3.3 PERVASIVE COMPANIES 164
14.3.4 EMERGING COMPANIES 164
FIGURE 59 METAL FORMING MARKET FOR AUTOMOTIVE: COMPETITIVE LEADERSHIP MAPPING, 2020 165
14.4 COMPETITIVE SCENARIO 166
14.4.1 EXPANSIONS 166
TABLE 130 EXPANSIONS, 2017-2020 166
14.4.2 SUPPLY CONTRACTS 167
TABLE 131 SUPPLY CONTRACTS, 2017-2020 167
14.4.3 NEW PRODUCT LAUNCHES/DEVELOPMENTS 168
TABLE 132 NEW PRODUCT LAUNCHES/DEVELOPMENTS, 2017–2020 168
14.4.4 PARTNERSHIPS/JOINT VENTURES 168
TABLE 133 PARTNERSHIP/JOINT VENTURES, 2017-2020 168

15 COMPANY PROFILES 169
15.1 INTRODUCTION 169
(Business overview, Products offered, Recent Developments, SWOT analysis, MNM view)*
15.2 BENTELER 170
FIGURE 60 BENTELER: COMPANY SNAPSHOT 170
FIGURE