Seattle, WA -- (SBWIRE) -- 10/08/2019 -- Automotive Sheet Metal Components are made from steel or aluminum. These are mainly made by the processes such as cutting, bending, and drawing. Various type of dies and press are used for manufacturing of automotive sheet metal components.

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The Automotive Sheet Metal Components Market structure covers the value chain, player categories, product ranges, and top player's presence across products and end user segments of the market. The report also provides a snapshot of key competition, market trends with forecast over the next 5 years, anticipated growth rates and the principal factors driving and impacting growth market data and analytics are derived from a combination of primary and secondary sources.

The research process involved the study of various factors affecting the industry, including the government policy, market situation, competitive landscape, historical data, and present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers, and challenges.

Automotive sheet metal component market taxonomy:

On the basis of material, the global automotive sheet metal components market is classified as
- Aluminum
- Steel
- Others

On the basis of application, the global automotive sheet metal components market is classified as
- Interior
- Drivetrain
- Engine
- Exterior
- Chassis

On the basis of Region, the global automotive sheet metal components market is classified as
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa

Key developments in the Global Automotive Sheet Metal Components Market
- In May 2018, Aleris Corporation a U.S. based manufacturer and supplier of aluminum rolled products signed a multi-year contract with Boeing, to supply aluminum plate and sheet for the production of various airplane and automotive models
- In October 2018, Novelis expanded its automotive aluminum manufacturing facility in Changzhou, China, to enhance its manufacturing and production development capabilities and to cater the demand of automotive sheet metals in China.
- In July 2018, Amada Holdings Co. Ltd acquired Wisconsin-based Marvel Manufacturing, Inc., a U.S.-based metal cutting machine manufacturer, which produces materials for various vehicles and agricultural machines. The acquisition of Marvel enabled the company to add band saws for lightweight structural steels, to enhance its products offerings in North America.
- In February 2018, O'Neal Manufacturing Services expanded its operations facility in the northern part of Houston in order to increase the supply of fabricated metal components and welded assemblies to OEMs
- In June 2018, company launched powder coat paint division in Mundelein, Illinois., in order to expand in this market. This division's focus is to paint metal parts of any color, texture, and volume by using electronic guns which increase life span of product

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Key players in the Global Automotive Sheet Metal Components Market

Some of the key players operating in automotive sheet metal component market include Larsen Manufacturing, General Stamping & Metalworking Inc., Aleris Corporation, Mayville Engineering Company Inc., The Cramer Group, O'Neal Manufacturing Services, Omax Auto Limited, Novelis, Inc., Frank Dudley Ltd., Jobro Sheet Metal Technology AB, Amada Co. Ltd. And Paul Craemer GmbH.

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