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APAC Automotive Stamped Component Market

ID: MRFR/AT/63256-HCR
200 Pages
Sejal Akre
October 2025

APAC Automotive Stamped Component Market Research Report By Application (Body Stamped Components, Chassis Stamped Components, Engine Stamped Components, Transmission Stamped Components), By Material Type (Steel, Aluminum, Copper, Composite), By Process Type (Hot Stamping, Cold Stamping, Die Stamping), By End Use (Passenger Vehicles, Commercial Vehicles, Electric Vehicles) and By Regional (China, India, Japan, South Korea, Malaysia, Thailand, Indonesia, Rest of APAC)- Forecast to 2035

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APAC Automotive Stamped Component Market Infographic
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APAC Automotive Stamped Component Market Summary

As per MRFR analysis, the APAC automotive stamped-component market Size was estimated at 33.71 USD Billion in 2024. The APAC automotive stamped-component market is projected to grow from 34.08 USD Billion in 2025 to 38.0 USD Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 1.09% during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The APAC automotive stamped-component market is experiencing a transformative shift towards innovation and sustainability.

  • China remains the largest market for automotive stamped components, driven by robust manufacturing capabilities and demand.
  • India is emerging as the fastest-growing region, fueled by increasing vehicle production and urbanization.
  • The market is witnessing a significant shift towards lightweight materials to enhance fuel efficiency and reduce emissions.
  • Rising demand for electric vehicles and government initiatives are key drivers propelling market growth in the APAC region.

Market Size & Forecast

2024 Market Size 33.71 (USD Billion)
2035 Market Size 38.0 (USD Billion)

Major Players

Magna International (CA), Gestamp Automoción (ES), Aisin Seiki (JP), Thyssenkrupp AG (DE), Toyota Boshoku (JP), Valeo (FR), Daimler AG (DE), Hyundai Mobis (KR), BorgWarner Inc. (US)

APAC Automotive Stamped Component Market Trends

The automotive stamped-component market in the APAC region is currently experiencing a dynamic evolution, driven by several factors including technological advancements and increasing demand for lightweight materials. The shift towards electric vehicles (EVs) is particularly noteworthy, as manufacturers seek to optimize component design for efficiency and performance. This transition is likely to influence the types of materials used in stamping processes, with a growing emphasis on high-strength steel and aluminum alloys. Additionally, the automotive industry in APAC is witnessing a surge in automation and smart manufacturing practices, which may enhance production efficiency and reduce costs. Moreover, the regulatory landscape in APAC is becoming increasingly stringent, with governments implementing policies aimed at reducing emissions and promoting sustainability. This regulatory push could lead to a greater focus on eco-friendly manufacturing processes within the automotive stamped-component market. As a result, companies may invest in innovative technologies that align with these environmental goals. Overall, the interplay of technological innovation, regulatory changes, and shifting consumer preferences appears to be shaping the future of the automotive stamped-component market in the region.

Shift Towards Lightweight Materials

The automotive stamped-component market is witnessing a notable trend towards the use of lightweight materials. This shift is primarily driven by the need for improved fuel efficiency and reduced emissions in vehicles. Manufacturers are increasingly adopting high-strength steel and aluminum alloys to achieve these objectives, which may enhance performance while maintaining structural integrity.

Integration of Smart Manufacturing

The integration of smart manufacturing technologies is becoming prevalent in the automotive stamped-component market. Automation, data analytics, and IoT are being utilized to streamline production processes. This trend may lead to increased efficiency, reduced waste, and enhanced quality control, ultimately benefiting manufacturers and consumers alike.

Focus on Sustainability and Compliance

Sustainability is emerging as a critical focus within the automotive stamped-component market. Regulatory frameworks in APAC are pushing manufacturers to adopt eco-friendly practices. This trend may drive investments in sustainable materials and processes, aligning production with environmental standards and consumer expectations.

APAC Automotive Stamped Component Market Drivers

Growth of Automotive Aftermarket

The automotive stamped-component market in APAC is also benefiting from the expansion of the automotive aftermarket. As vehicle ownership increases, the demand for replacement parts and components is rising. This trend is particularly pronounced in countries like China and India, where the automotive aftermarket is projected to grow at a CAGR of 15% through 2025. The automotive stamped-component market is poised to capitalize on this growth, as manufacturers focus on producing high-quality stamped components that meet the evolving needs of aftermarket consumers. This dynamic presents a lucrative opportunity for stakeholders within the industry.

Rising Demand for Electric Vehicles

The automotive stamped-component market in APAC is experiencing a notable surge in demand due to the increasing adoption of electric vehicles (EVs). As governments across the region implement stringent emission regulations, manufacturers are pivoting towards EV production. This shift necessitates the use of lightweight stamped components to enhance vehicle efficiency and range. In 2025, the EV market in APAC is projected to grow by approximately 30%, driving the need for innovative stamped components that cater to this new vehicle architecture. Consequently, the automotive stamped-component market is likely to witness substantial growth as manufacturers adapt to these evolving requirements.

Government Initiatives and Incentives

Government initiatives and incentives play a crucial role in shaping the automotive stamped-component market in APAC. Various governments are implementing policies to promote local manufacturing and reduce dependency on imports. For instance, initiatives aimed at enhancing domestic production capabilities are likely to bolster the automotive stamped-component market. In 2025, it is anticipated that government support could lead to a 20% increase in local component production, fostering a more resilient supply chain. Such measures not only stimulate economic growth but also encourage innovation within the industry.

Increasing Focus on Vehicle Safety Standards

The automotive stamped-component market in APAC is increasingly influenced by the rising focus on vehicle safety standards. Regulatory bodies are enforcing stricter safety regulations, compelling manufacturers to enhance the quality and durability of stamped components. This trend is particularly evident in the production of components that contribute to crash safety and structural integrity. By 2025, it is expected that compliance with these enhanced safety standards will drive a 15% increase in demand for high-performance stamped components within the automotive stamped-component market. This focus on safety not only protects consumers but also elevates the overall quality of vehicles produced in the region.

Technological Advancements in Manufacturing Processes

Technological advancements are significantly influencing the automotive stamped-component market in APAC. The integration of advanced manufacturing technologies, such as automation and robotics, is enhancing production efficiency and precision. These innovations allow manufacturers to produce complex stamped components with reduced lead times and lower costs. In 2025, it is estimated that the adoption of smart manufacturing technologies could improve productivity in the automotive stamped-component market by up to 25%. This trend not only streamlines operations but also enables manufacturers to respond swiftly to market demands, thereby fostering competitiveness in the region.

Market Segment Insights

By Application: Body Stamped Components (Largest) vs. Chassis Stamped Components (Fastest-Growing)

In the APAC automotive stamped-component market, body stamped components constitute the largest share, driven by the increasing demand for lightweight materials that enhance fuel efficiency and performance. Chassis stamped components, while smaller in market share, are witnessing rapid growth due to advancements in technology and a shift towards electric vehicles, which have different structural requirements compared to traditional ICE vehicles. Growth trends in this segment indicate a significant shift towards automation and advanced manufacturing techniques. Electric vehicle production is propelling demand for stamped components that meet higher safety and performance standards. Additionally, rising regulatory pressure to reduce emissions is prompting manufacturers to innovate, leading to a favorable environment for both body and chassis stamped components as they adapt to meet evolving consumer preferences and technological advancements.

Body Stamped Components (Dominant) vs. Engine Stamped Components (Emerging)

Body stamped components are recognized as the dominant segment within the market due to their critical role in vehicle structure and safety, accounting for a substantial volume of production. These components are primarily fabricated from high-strength steel or aluminum, catering to the automotive industry's push for lightweight materials. In contrast, engine stamped components represent an emerging segment, driven by innovations in engine design and the increasing prevalence of hybrid and electric powertrains. While engine components have historically lagged, their evolving nature, coupled with stringent performance standards, is fostering an environment ripe for growth as manufacturers optimize designs for efficiency.

By Material Type: Steel (Largest) vs. Aluminum (Fastest-Growing)

In the automotive stamped-component market, steel represents the largest share among material types, owing to its robust properties and widespread application in vehicle manufacturing. This dominance is complemented by aluminum, which is rapidly gaining traction due to the industry's shift towards lightweight materials to improve fuel efficiency and performance, thus expanding its market presence significantly in recent years. The growth trends for the material types show a clear divergence, where steel remains the preferred choice for structural components, ensuring durability and safety. On the other hand, aluminum is witnessing the fastest growth rate, driven by advancements in recycling technologies and the push for sustainable automotive solutions. This dynamic reflects a fundamental shift in manufacturing priorities, favoring materials that enhance performance while minimizing environmental impact.

Steel (Dominant) vs. Aluminum (Emerging)

Steel is seen as the dominant material in the stamped-component sector due to its favorable strength-to-weight ratio, resilience, and cost-effectiveness, making it highly suitable for safety-critical vehicle parts. In contrast, aluminum is an emerging material, gaining market share through its lightweight characteristics that benefit fuel economy and overall vehicle performance. The increasing demand for electric vehicles is further propelling aluminum's popularity, as manufacturers seek to reduce weight for enhanced battery efficiency. While steel continues to play a vital role in the market, the transition towards sustainability is fostering aluminum's rise, with innovative applications that promise to reshape future designs and manufacturing practices.

By Process Type: Hot Stamping (Largest) vs. Cold Stamping (Fastest-Growing)

In the automotive stamped-component market, hot stamping holds a significant market share, being the largest process type due to its advantages in producing lightweight and high-strength components. Cold stamping follows as a close competitor, where its market presence is notable for lower production costs and higher operational efficiency, making it a popular choice among manufacturers. The growth trends in this segment are influenced by technological advancements and increasing demand for lightweight automotive components to enhance fuel efficiency. Hot stamping is being widely adopted to meet stringent safety regulations, while cold stamping is rapidly gaining traction due to its cost-effectiveness and versatility in producing complex geometries. The evolving automotive landscape further supports the expansion of these process types.

Hot Stamping (Dominant) vs. Cold Stamping (Emerging)

Hot stamping is characterized by its ability to produce ultra-high-strength steel parts, making it a dominant choice for safety-critical automotive components. This process enables manufacturers to create lightweight structures that enhance vehicle performance and fuel efficiency, which are crucial in today's market. On the other hand, cold stamping is emerging as a viable alternative, offering significant advantages in terms of production speed and cost savings. It is favored for its capacity to create intricate geometries with high precision, which is essential for the evolving design requirements in automotive production. Both processes are vital in meeting the dual challenges of safety and efficiency in modern vehicles.

By End-Use: Passenger Vehicles (Largest) vs. Electric Vehicles (Fastest-Growing)

In the end-use segment of the automotive stamped-component market, passenger vehicles command the largest share, reflecting a robust demand driven by rising consumer preferences and a growing economy in the region. Meanwhile, commercial vehicles follow closely, supported by the expanding logistics and transportation sectors. Electric vehicles, while currently a smaller segment, show significant growth as environmental concerns urge manufacturers and consumers alike to shift towards more sustainable options. The growth trends in this segment are notably influenced by advancements in electric vehicle technology and government policies promoting eco-friendly transportation solutions. This shift is marked by an increasing number of electric vehicle models entering the market, attracting consumers through incentives and innovations. Commercial vehicles are also on an upward trajectory as e-commerce drives demand for deliveries, thus bolstering the need for efficient stamped components.

Passenger Vehicles (Dominant) vs. Electric Vehicles (Emerging)

Passenger vehicles represent the dominant force in the automotive stamped-component market, characterized by high volume production and extensive consumer adoption. This segment benefits from the established automotive infrastructure and a wider range of choices for consumers, making them a staple in the automotive landscape. In contrast, electric vehicles are emerging rapidly, capitalizing on technological advancements and changing consumer behavior towards sustainable mobility solutions. With increasing investments from manufacturers and supportive government policies aimed at reducing carbon emissions, electric vehicles are poised for significant growth. Although they currently hold a smaller share, the combination of innovation and regulation positions them as a compelling segment that is likely to reshape the automotive market.

Get more detailed insights about APAC Automotive Stamped Component Market

Regional Insights

China : Unmatched Growth and Innovation

China holds a commanding 15.0% market share in the automotive stamped-component sector, driven by rapid industrialization and a booming automotive industry. Key growth drivers include government initiatives promoting electric vehicles (EVs) and significant investments in infrastructure. The demand for lightweight materials and advanced manufacturing technologies is on the rise, supported by favorable regulatory policies aimed at enhancing production efficiency and sustainability.

India : Rapid Growth in Automotive Sector

India's automotive stamped-component market accounts for 6.5% of the APAC share, reflecting a growing demand for vehicles and components. The government's push for 'Make in India' and investments in infrastructure are key growth drivers. Additionally, the increasing adoption of electric vehicles and stringent emission regulations are shaping consumption patterns, leading to a shift towards sustainable manufacturing practices.

Japan : Innovation and Quality at Forefront

Japan's market share stands at 5.0%, characterized by high-quality manufacturing and advanced technology. The automotive sector is bolstered by strong R&D investments and a focus on innovation. Government policies promoting eco-friendly vehicles and smart manufacturing are driving demand. The aging population is also influencing consumption patterns, with a shift towards more accessible vehicle designs.

South Korea : Competitive Edge in Technology

South Korea holds a 3.5% market share in the automotive stamped-component market, driven by major players like Hyundai Mobis and strong domestic demand. The government's support for smart mobility and electric vehicles is fostering growth. Key cities such as Seoul and Busan are central to automotive manufacturing, with a focus on high-tech components and sustainable practices shaping the market landscape.

Malaysia : Strategic Location and Development

Malaysia's automotive stamped-component market represents 1.5% of the APAC share, benefiting from its strategic location and government incentives for manufacturing. The National Automotive Policy encourages local production and innovation. Demand is rising for components in both domestic and export markets, with a focus on eco-friendly technologies and lightweight materials driving consumption patterns.

Thailand : Automotive Manufacturing Powerhouse

Thailand accounts for 1.8% of the automotive stamped-component market, recognized as a manufacturing hub in the ASEAN region. The government's investment in infrastructure and incentives for foreign investment are key growth drivers. Major cities like Bangkok and Chonburi are central to automotive production, with a competitive landscape featuring both local and international players focusing on quality and efficiency.

Indonesia : Expanding Automotive Landscape

Indonesia's market share is 0.91%, with significant growth potential driven by increasing vehicle ownership and government support for the automotive sector. The push for local manufacturing and investment in infrastructure are key factors. Major cities like Jakarta and Surabaya are focal points for automotive production, with a growing number of players entering the market to meet rising demand.

Rest of APAC : Varied Growth Across Sub-regions

The Rest of APAC holds a modest 0.5% market share in the automotive stamped-component sector, characterized by diverse market conditions. Each country presents unique challenges and opportunities, influenced by local regulations and economic conditions. The competitive landscape varies significantly, with both established players and new entrants vying for market share in niche segments.

APAC Automotive Stamped Component Market Regional Image

Key Players and Competitive Insights

The automotive stamped-component market is currently characterized by a dynamic competitive landscape, driven by technological advancements and increasing demand for lightweight materials. Key players are actively pursuing strategies that emphasize innovation, regional expansion, and sustainability. For instance, Magna International (CA) has positioned itself as a leader in lightweight stamping technologies, focusing on enhancing fuel efficiency in vehicles. Similarly, Gestamp Automoción (ES) is leveraging its expertise in advanced manufacturing processes to cater to the growing electric vehicle segment, thereby shaping the competitive environment through a commitment to sustainability and innovation.

In terms of business tactics, companies are increasingly localizing manufacturing to reduce lead times and optimize supply chains. The market appears moderately fragmented, with several players vying for market share. However, the collective influence of major companies like Aisin Seiki (JP) and Thyssenkrupp AG (DE) is notable, as they implement strategies that enhance operational efficiency and product quality, thereby intensifying competition.

In October 2025, Aisin Seiki (JP) announced a strategic partnership with a leading electric vehicle manufacturer to develop advanced stamped components tailored for next-generation vehicles. This collaboration is likely to enhance Aisin's market position by aligning its product offerings with the evolving demands of the electric vehicle market, thus reinforcing its commitment to innovation and sustainability.

In September 2025, Thyssenkrupp AG (DE) unveiled a new state-of-the-art stamping facility in Asia, aimed at increasing production capacity and reducing costs. This investment not only signifies Thyssenkrupp's commitment to regional expansion but also reflects a strategic move to enhance its competitive edge in the rapidly evolving automotive landscape, where efficiency and responsiveness are paramount.

In August 2025, Magna International (CA) launched a new line of lightweight stamped components designed specifically for hybrid vehicles. This initiative underscores Magna's focus on innovation and its proactive approach to meeting the demands of a changing automotive market, particularly as manufacturers increasingly prioritize fuel efficiency and reduced emissions.

As of November 2025, the automotive stamped-component market is witnessing trends such as digitalization, sustainability, and the integration of AI technologies. Strategic alliances among key players are shaping the competitive landscape, fostering innovation and enhancing supply chain reliability. The shift from price-based competition to a focus on technological advancement and sustainability is evident, suggesting that future competitive differentiation will hinge on the ability to innovate and adapt to changing market dynamics.

Key Companies in the APAC Automotive Stamped Component Market market include

Industry Developments

Significant recent developments have been observed in the APAC Automotive Stamped Component Market, which is indicative of the region's increasing emphasis on sustainability, sophisticated manufacturing, and lightweight materials in conjunction with the rapid expansion of electric and hybrid vehicles.Hitachi Automotive Systems established a new production facility in September 2023 that is exclusively dedicated to high precision stamped components. This facility is intended to satisfy the increasing demand from both domestic and international manufacturers. In the same vein, Hyundai Mobis has disclosed its intention to increase its capacity for stamping parts production, thereby bolstering its presence in the Asia-Pacific region and meeting the increasing demands of next-generation vehicle platforms.

Kobe Steel has prioritized the development of environmentally responsible and high-strength lightweight materials for automotive stamping in order to assist manufacturers in meeting their emission reduction objectives. Sustainability has become a critical factor in this endeavor. This action is consistent with regional and global regulations that advocate for sustainable mobility solutions.In August 2023, Mitsubishi Materials made a strategic move to diversify its product portfolio and fortify its position in the automotive supply chain by acquiring a controlling stake in a significant stamping firm through mergers and acquisitions. Toyota Industries and Aisin Seiki are continuing to advance their joint efforts in stamped components tailored for electric vehicles, further underscoring the sector's transition toward electrification. Collaborative initiatives are also robust.

Future Outlook

APAC Automotive Stamped Component Market Future Outlook

The automotive stamped-component market is projected to grow at a 1.09% CAGR from 2024 to 2035, driven by technological advancements and increasing vehicle production.

New opportunities lie in:

  • Invest in advanced stamping technologies to enhance production efficiency.
  • Develop lightweight stamped components for electric vehicle applications.
  • Expand into emerging markets with tailored product offerings.

By 2035, the market is expected to maintain steady growth and adapt to evolving industry demands.

Market Segmentation

APAC Automotive Stamped Component Market End-Use Outlook

  • Passenger Vehicles
  • Commercial Vehicles
  • Electric Vehicles

APAC Automotive Stamped Component Market Application Outlook

  • Body Stamped Components
  • Chassis Stamped Components
  • Engine Stamped Components
  • Transmission Stamped Components

APAC Automotive Stamped Component Market Process Type Outlook

  • Hot Stamping
  • Cold Stamping
  • Die Stamping

APAC Automotive Stamped Component Market Material Type Outlook

  • Steel
  • Aluminum
  • Copper
  • Composite

Report Scope

MARKET SIZE 202433.71(USD Billion)
MARKET SIZE 202534.08(USD Billion)
MARKET SIZE 203538.0(USD Billion)
COMPOUND ANNUAL GROWTH RATE (CAGR)1.09% (2024 - 2035)
REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR2024
Market Forecast Period2025 - 2035
Historical Data2019 - 2024
Market Forecast UnitsUSD Billion
Key Companies Profiled["Magna International (CA)", "Gestamp Automoción (ES)", "Aisin Seiki (JP)", "Thyssenkrupp AG (DE)", "Toyota Boshoku (JP)", "Valeo (FR)", "Daimler AG (DE)", "Hyundai Mobis (KR)", "BorgWarner Inc. (US)"]
Segments CoveredApplication, Material Type, Process Type, End-Use
Key Market OpportunitiesAdoption of lightweight materials enhances efficiency in the automotive stamped-component market.
Key Market DynamicsRising demand for lightweight materials drives innovation in automotive stamped-component manufacturing across the APAC region.
Countries CoveredChina, India, Japan, South Korea, Malaysia, Thailand, Indonesia, Rest of APAC

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FAQs

What is the expected market size of the APAC Automotive Stamped Component Market in 2024?

The APAC Automotive Stamped Component Market is expected to be valued at 33.11 USD Billion in 2024.

What will the market value of the APAC Automotive Stamped Component Market be in 2035?

The market is projected to reach a value of 43.38 USD Billion by 2035.

What is the expected CAGR for the APAC Automotive Stamped Component Market from 2025 to 2035?

The expected CAGR for the market during this period is 2.486 %.

Which region is forecasted to hold the largest market share in the APAC Automotive Stamped Component Market in 2024?

China is forecasted to hold the largest market share with a value of 15.0 USD Billion in 2024.

How much will the Body Stamped Components application be valued at in 2035?

The Body Stamped Components application is expected to be valued at 16.5 USD Billion in 2035.

Who are the major players in the APAC Automotive Stamped Component Market?

Key players include Hyundai Mobis, Hitachi Automotive Systems, and Toyota Industries among others.

What is the expected market size for Chassis Stamped Components in 2025?

The Chassis Stamped Components market is expected to contribute to the overall market as it grows towards 11.5 USD Billion by 2035.

What is the projected market growth rate for India in the APAC Automotive Stamped Component Market by 2035?

India's market value is expected to reach 9.4 USD Billion by 2035.

What value is the Transmission Stamped Components application projected to reach by 2025?

The Transmission Stamped Components application is anticipated to be valued at approximately 6.38 USD Billion by 2035.

What are some key growth drivers in the APAC Automotive Stamped Component Market?

Key growth drivers include increasing demand for automotive and advancement in manufacturing processes within the industry.

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