Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Motor Vehicle Body, Stamped Metal & Other Parts Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
What Are the Expected Market Growth Rates for the Motor Vehicle Body, Stamped Metal & Other Parts Market?
The market size of the Motor Vehicle Body, Stamped Metal & Other Parts Global Market Report 2025 has seen significant growth over the recent years. The market value was $1378.25 billion in 2024 and it's expected to reach $1448.39 billion in 2025, with a compound annual growth rate (CAGR) of 5.1%.
What Are the Expected Market Growth Trends for the Motor Vehicle Body, Stamped Metal & Other Parts Market Through 2029?
The Motor Vehicle Body, Stamped Metal & Other Parts market is projected to reach a size of $1810.36 billion in 2029. The market is also expected to grow at a Compound Annual Growth Rate (CAGR) of 5.7%.
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What Are the Key Business Drivers in the Motor Vehicle Body, Stamped Metal & Other Parts Market Landscape?
The key drivers in the motor vehicle body, stamped metal & other parts market are:
• Rising demand for electric vehicles
• Impact of global supply chain disruptions and trade policies
• Advent of digitalization and Industry 4.0
• The focus on improved customer experience and customization
How Is the Motor Vehicle Body, Stamped Metal & Other Parts Market Divided Across Key Categories?
The motor vehicle body, stamped metal & other parts market covered in this report is segmented –
1) By Type: Motor Vehicle Body, Stamped Metal, Other Parts
2) By Application: Passenger Vehicle, Commercial Vehicle
3) By End Use: OEM, After market
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What Are the Ongoing Trends in the Motor Vehicle Body, Stamped Metal & Other Parts Market?
The key trends in the motor vehicle body, stamped metal & other parts market are:
• The market is witnessing a major shift towards electrification and lightweighting in motor vehicles.
• Advanced materials are being increasingly utilized in the production process.
• There is a rising trend of additive manufacturing in the motor vehicle body and parts production.
• Digitalization, collaboration, and connectivity are significant emerging trends shaping the future of the market.
Which Companies are Expanding in the Motor Vehicle Body, Stamped Metal & Other Parts Industry?
Major players in the motor vehicle body, stamped metal & other parts market are:
• General Motors Co.
• Tenneco Inc.
• Magna International Inc.
• Lear Corporation
• Faurecia SA
• Continental AG
• Mitsubishi Motors Corp
• Plastic Omnium SA
• Autoliv Inc.
• AISIN Seiki Co. Ltd.
• FCA Warren Stamping Plant
• Ford Motor Company
• Martinrea Heavy Stampings Inc.
• Challenge Manufacturing Company
• ArtiFlex Manufacturing LLC
• Gestamp Chattanooga LLC
• Quality Metalcraft Inc.
• Shiloh Industries Inc.
• PDQ Tool & Stamping Co.
• Integrity Manufacturing
• Alcoa Inc.
• ACRO Engineering Company
• Lindy Manufacturing Company Inc.
• Autokiniton
• ThyssenKrupp AG
• Schaeffler AG
• Benteler Automotive Corporation
• Kenmode Precision Metal Stamping
• Gestamp Servicios SA
Which is the Largest Region the Global Motor Vehicle Body, Stamped Metal & Other Parts Market?
Asia-Pacific was the largest region in the motor vehicle body, stamped metal, & other parts market in 2024
