Market Share of Automotive Metal Stamping Industry
The automotive metal stamping market has the presence of several players, such as Clow Stamping Company., D&H Industries Inc., Shiloh Industries Inc., PDQ Tool & Stamping Co., Magna International Inc., and Integrity Manufacturing. Several companies are expanding their footprints with new innovative technologies so that they can have an edge over their competitors. However, the market is fragmented with several local players operating in the market. For instance,
- In February 2023, Fischer Group achieved a milestone in its partnership with TRUMPF by introducing the cutting-edge TruLaser 8000 Coil Edition blanking at its Achern headquarters. This innovative system autonomously processes up to 25 tons of coiled sheet metal, revolutionizing sheet metal production with enhanced material utilization and resource efficiency. Initially focused on aluminum blanking for Fischer's hot-forming products in the automotive industry, this technology marks a significant leap forward.
- In September 2022, General Motors Co. announced an investment of USD 491 million to boost the production of steel and aluminum stamped parts for future products, including electric vehicles, at its Marion metal stamping facility in Indiana, United States.
Automotive Metal Stamping Market Leaders
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Magna International Inc.
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Shiloh Industries Inc.
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Alcoa Corporation
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Manor Tool & Manufacturing Company
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Wisconsin Metal Parts Inc.
*Disclaimer: Major Players sorted in no particular order
