LONDON--(BUSINESS WIRE)--Technavio has been monitoring the global automotive die-stamping equipment market since 2018 and the market is poised to grow by USD 9.86 million during 2019-2023, progressing at a CAGR of over 3% during the forecast period. Request Free Sample Pages
Read the 114-page research report with TOC on "Automotive Die-Stamping Equipment Market Analysis Report by End-User (Automotive OEMS And Independent Stamping Presses), Geography (Europe, APAC, North America, South America, and MEA), and Segment Forecasts, 2019 - 2023"
The market is driven by the rise in the adoption of automation in the automotive industry. In addition, the technological advances in die-stamping equipment are anticipated to further boost the growth of the automotive die-stamping equipment market.
Manufacturing automotive and the various parts can be a time-consuming process. It also requires more manpower. However, the introduction of automation has dramatically eased the manufacturing process and reduced the overall workforce. Keeping in line with this shift, various steps have been initiated by vendors to produce automated die-stamping presses, which use robots to enhance the die-stamping process. For instance, robotic arms are being used to remove castings. Closed-loop machinery is being adopted to provide feedback during operations. The incorporation of automation and robots in the die-stamping process will increase productivity and ensure that reliable and efficient stamped parts are delivered. These factors will boost the global automotive die-stamping equipment market growth during the forecast period.
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Major Five Automotive Die-Stamping Equipment Market Companies:
AIDA operates its business under various segments such as press machines, services (related to presses), and others. The company offers stamping presses that are available in 300 to 1,000 metric ton rating.
AMADA HOLDINGS CO., LTD.
AMADA HOLDINGS CO., LTD. operates its business under two segments, which include metalworking machinery business and metal machine tools business. The company provides different types of stamping presses with numerical control units and display functions.
ANDRITZ (Schuler) has business operations under various segments, namely hydro, pulp & paper, metals, and separation. Schuler, a member of ANDRITZ, provides hydraulic press technology and presses to the automotive industry.
Komatsu Ltd. operates its business under three segments, which include construction, mining, and utility equipment; industrial machinery and others; and retail finance. The company’s key offerings include L2M/E2M. It is a series of mechanical presses for progressive stamping.
Macrodyne Technologies Inc.
The key offering of Macrodyne Technologies Inc. is HOT STAMPING PRESSES. It is a series of hot stamping presses that are used to produce a variety of high-strength and lightweight automotive parts.
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Automotive Die-Stamping Equipment End-User Outlook (Revenue, USD Million, 2019 - 2023)
- Automotive OEMs
- Independent Stamping Presses
Automotive Die-Stamping Equipment Regional Outlook (Revenue, USD Million, 2019 - 2023)
- North America
- South America
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