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Automotive Structural Sheet Metal Market 2018
Automotive Structural Sheet Metal Market Share, Size, Trends, And Business Opportunity
Analysis Report 2018 include historic data, with forecast data to 2023. Automotive Structural
Sheet Metal Market report is helpful for future strategy development, and to know about Market
Drivers, Restraints, Opportunities, And Global market size, share, Growth, Trends, key players
forecast to 2023
Global Automotive Structural Sheet Metal Market Information Report by Application (Chassis
and Exterior), Vehicle Type (Passenger Vehicle and Commercial Vehicle), and by Regions - Global
Forecast To 2023
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Market Scenario
Automotive structural sheet metal market has witnessed a significant surge, mainly due to the
current hype regarding the mobility services, autonomous, driving, digitization and electric
powertrains, dominating the automotive industry. With the current boom in automotive
production, across the globe the automotive chassis and exterior account for a major share,
leading to the development of the automotive structural sheet metal market. Weight reduction
in vehicles, is another major trend in the market that is expected to boost the demand, with
manufacturers opting for lightweight materials to ensure reduction in emission rates. With major
manufacturers and suppliers in the automotive industry competing at global level, the intensity
of competition within the automotive industry, has increased. Such intense competition is
pushing various manufacturers and suppliers, across the supply chain to develop high quality
structural sheet metal to acquire greater market share.
Fluctuating cost of steel is expected to be a major retraining factor in the automotive structural
sheet metal market. The increasing demand for steel is directly proportional to the increasing
demand for automobiles, across the globe. Raw materials are the biggest cost driver for the
automotive industry with approximately 22% of an automaker’s operational costs depending on
steel.
The Key Players of Global Automotive Structural Sheet Metal Market Are:
Associated Materials LLC(U.S.), ABC Sheet Metal(U.S.), A&E Manufacturing Company(U.S.), ATAS
International Inc(U.S.), BlueScope Steel Limited(Australia), Bud Industries Inc(U.S.), General
Sheet Metal Works Inc(U.S.), NCI Building Systems(U.S.), Inc., Nucor Corporation(U.S.), United