Industry Analysis & Industry Trends
Old stamping ground
Like the rest of the automotive sector, the Automotive Metal Stamping industry had a wild ride during the recession. However, the industry is set to improve over the next five years, as demand for automobile manufacturing revives. While demand is forecast to rise as the economy recovers, the ramp-up in production of smaller vehicles will hurt growth since smaller cars require less of this industry's product, causing revenue gains to be modest... purchase to read more
Industry Report - Starting a New Business Chapter
Auto parts manufacturers must provide large volumes of their products at low per-unit costs. Large-scale auto part production requires advanced manufacturing facilities, which have high-setup costs. New entrants must acquire considerable technological expertise to produce vehicle components that comply with new regulatory standards. Any new entrant to this industry needs to establish a network of customers and suppliers within an extremely competitive global supply chain. Additionally, state and local governments frequently oppose new manufacturing facilities because of the perceived environmental costs, limiting new entrants to existing facilities... purchase to read more