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Research on the Development Trends and Investment Risks of 2023 Automotive Stamping Parts Industry
Source: Release time: 2023.06.05
There are many kinds of automobile stamping parts, and the market space is large, but the market is relatively scattered, and the industry concentration ratio is low. From the perspective of market structure, there are mainly three types of enterprises. At present, the cluster development characteristics of China's automotive stamping parts industry are obvious, closely following the development of the automotive industry cluster, forming regional industrial clusters such as the Yangtze River Delta, Southwest, Pearl River Delta, Northeast, Central, and Bohai Rim, and driving the development of upstream and downstream industrial chains.

At the same time, enterprises in the industry have begun to focus on segmented markets, such as the formation of large and complex products, and the manufacturing of small, precision, and high-speed products, fully leveraging their technical characteristics, taking advantage of each other's strengths, and pursuing a professional development path. As the product positioning of enterprises becomes more professional and refined, products and technologies in certain segmented fields have reached international advanced levels, such as key stamping parts inside engines and transmissions, which have long relied on imports. During the 13th Five Year Plan period, Chinese enterprises have begun to break through in this regard, and some parts of vehicle models have been successfully localized, starting mass production and export.
Research on the Development Trends and Investment Risks of 2023 Automotive Stamping Parts Industry

The automotive parts industry has formed six major automotive parts cluster regions in Northeast China, Beijing Tianjin Hebei Bohai Rim, Central China, Southwest China, Pearl River Delta, and Yangtze River Delta. The component output value of these six industrial cluster regions accounts for about 80% of the entire industry. Among them, the output value of components in the Yangtze River Delta accounts for about 37% of the market share, making it the region with the largest output value of automotive components in China; Shanghai is the largest component industry base in China, with an output value accounting for 20% of the total production; Zhejiang and Jiangsu account for approximately 17%.

In modern automotive manufacturing processes, 60% to 70% of metal components need to be stamped and formed. Stamped parts are widely used in various covering parts on the vehicle body, internal support parts, structural reinforcement parts, as well as a large number of automotive components such as exhaust and inlet pipes and silencers for engines, hollow camshafts, oil pans, engine supports, vehicle frame structural parts, transverse and longitudinal beams, etc.

The automotive industry is in a critical period of continuous transformation and upgrading towards new energy vehicles, lightweight vehicles, and intelligent vehicles. Faced with increasing customer demands for automotive stamping products, the development trend of the automotive stamping parts industry is as follows:

1) Applying computer simulation to stamping product design, mold design, and process design to enhance the level of stamping mold design and manufacturing, improve mold manufacturing quality and processing accuracy;

2) Improve the automation, digitization, and informatization level of stamping production, develop towards automation and unmanned production, and improve production efficiency;

3) Stamping forming equipment is closely following the development trend of world stamping technology, increasing efforts in technology research and development and talent cultivation.
From a regional perspective, the development foundation of component enterprises in Jiangsu, Zhejiang, and Shanghai is strong, accounting for over 60% of the total. Enterprises in Henan, Shaanxi, Sichuan, and other regions have already emerged. Overall, the parts industry is gradually advancing towards the central and western regions, with the number of enterprises accounting for over 20%, and the central and western parts enterprises continue to rise. In the primary supporting system of the entire vehicle, the large group of independent components only accounts for 20% of the market share, and most independent component enterprises generally have low product added value and are in the low-end market; Wholly foreign-owned enterprises account for 50%, and Sino foreign joint ventures account for 30%, occupying the mid to high-end supporting market.

According to the "Research Report on the Development Trends and Investment Risks of China's Automotive Stamping Parts Industry from 2022 to 2027" released by China Research Puhua Industry Research Institute

Automotive stamping parts are metal stamping parts that make up automotive components. In automotive stamping parts, some parts are directly made into automotive parts after stamping, while the other parts require welding, mechanical processing, or paint processing to become automotive parts after stamping.

The manufacturing technology of automotive stamping parts is mainly reflected in mold development technology, stamping technology, welding technology, and other aspects. Stamping is a processing method that causes metal sheets to be cut or formed under pressure in the stamping die, and the mold is the core equipment of the stamping product production process. 90% of the components in automobiles need to be formed by the mold, and manufacturing an ordinary sedan generally requires about 1500 molds. Welding is the process of locally heating or simultaneously heating and pressurizing stamped body parts to form a body assembly.

A large number of cold stamping processes are used in the production of automotive stamping parts, which are suitable for the needs of the automotive stamping industry for multiple varieties and large-scale production. In medium and heavy duty vehicles, most of the covering parts such as body panels, as well as some load-bearing and supporting parts such as frames, carriages, and other automotive components are automotive stamping parts. The steel used for cold stamping mainly consists of steel plates and strips, accounting for 72.6% of the steel consumption of the entire vehicle. Cold stamping materials are closely related to the production of automotive stamping parts. The quality of materials not only determines the performance of the product, but also directly affects the process design of automotive stamping parts, affecting the quality, cost, service life, and production organization of the product. Therefore, selecting materials reasonably is an important and complex task.

The component industry, as the foundation of the development of the automotive industry, has become a solid support for China's independent automotive industry to become bigger, stronger, and better. With the rapid development of China's automotive industry, the increase in car ownership, and the expansion of the automotive parts market, the automotive parts industry in China has developed rapidly, with an overall growth rate higher than that of the entire vehicle industry in China.

On the basis of summarizing the development process of China's automotive stamping parts industry and considering various factors in the new era, this report provides a detailed and cautious prediction and demonstration of the development trend of China's automotive stamping parts industry. The report has detailed information, rich charts, in-depth analysis, and intuitive comparison, providing insights for automotive stamping parts enterprises in the fierce market competition and accurately and timely adjusting their business strategies according to their own environment. To learn more about industry data details, you can click to refer to the "2022-2027 China Automotive Stamping Industry Development Trends and Investment Risk Research Report" by China Research Puhua Industry Research Institute.