Asia Pacific Blood Glucose Test Strip Packaging Market Research Repor Automotive Stamped Components Market Research Repo | Page 2

bending and blanking, owing to the ease of operation, low cost of the
process, durability of the finished product and ease of mass production.
On the basis of number of stations, the progressive / series stage
operation is more effective in executing mass production while the single
stage operation is used more for niche market and precision
requirements. On the basis of stamping process, mechanical process is
the most economically viable option for mass scale production, the
hydraulic process is the most widely used in low to medium load cases
and the pneumatic process is the costliest and used for high precision
and niche cases.
On the basis of region, the market is segmented into North America,
Asia Pacific, Europe, and Rest of the World. The North America market
(especially U.S. and Canada), is the second largest automotive market in
the world. The sheer size and the number of automobiles manufactured
in this market are huge. Moreover, people here prefer bigger and robust
cars (mini trucks). Thus, the automotive stamped component market is
destined to grow at a fast pace. The Asia Pacific automotive market is
growing at an unprecedented rate. The consumers here prefer small-
sized vehicles. Owing to the large market size and immediate demand,
fast-paced automobile production can only be achieved using this
system. The Europe market generally demands automobiles with a high
power-to-weight ratio which can be achieved precisely using the method
of stamped component.
Key Players
The key players in automotive stamped component market are
Gestamp Automoción (Spain), Trans-Matic Manufacturing Inc. (U.S.),
Lindy Manufacturing (U.S.), Batesville Tool & Die Inc. (U.S.), All-New
Stamping Company (U.S.), ThyssenKrupp AG (Germany), and Hobson
& Motzer Inc. (U.S.). Magna International Inc. (Canada), Lyons Tool &
Die Co (U.S.), Acro Metal Stamping Company (U.S.), Manor
Tool and Manufacturing Company (U.S.), Clow Stamping Inc. (U.S.),
Shiloh Industries, Inc. (U.S.), Kenmode Tool and Engineering, Inc.
(U.S.), and Martinrea International Inc. (Canada) are among others.
The report for Global Automotive Stamped Component Market of Market