Contact Us

Impact Analysis of Covid-19

The complete version of the Report will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.

Automotive Hydroformed Parts Market- Insights

The hydroforming is a component manufacturing process, where fluid pressure is applied to ductile material such as brass, aluminium, low alloy steel, and stainless steel to form into desired component shapes. This process helps to create complex parts with a high strength-to-weight ratio. In this process instead of welding parts together, a unibody component structure created with the help of specialized die molds.

Vehicle weight plays a crucial role in vehicle fuel economy. The government regulations related to vehicle economy is compelling auto manufacturers to come up with innovative solutions for reducing weight of vehicles. For instance, according to the Corporate Average Fuel Economy (CAFE) requirement, by 2025, the average light vehicle fuel economy should be 54.5 mpg in the U.S. Moreover, the OEMs and component manufacturers across the globe are focused on implementing various manufacturing processes and advanced technologies to reduce vehicular weight without compromising the structural integrity of the vehicles. Furthermore, usage of hydroforming provides versatility in component manufacturing, as it can be used for all metals and alloys. For instance, steel, copper, aluminum, brass, alloys components can be manufactured into parts using hydroforming process. It also increases the quality and precision of the manufacturing process. These factors are expected to drive growth of the global automotive hydroformed parts market over the forecast period.

However, high tool costs is expected to reduce adoption of this process. This is attributed to equipment that are utilized to execute the hydroforming operations include high cost to purchase, maintain, or upgrade. Moreover, some hydroforming process involve potentially lengthy cycle times. These factors are expected to hamper market growth over the forecast period.

Europe held dominant position in 2018 in the automotive hydroformed parts market

Europe held dominant position in the market in 2018, followed by Asia Pacific and North America. Moreover, Germany, France, Italy, Spain, and the U.K. are some of the major growth engines of the automotive hydroformed parts market in this region. Increasing government regulations for vehicle economy creates a conducive environment for growth of the market in the region. For instance, in April 2019, the EU announced that the average fuel economy across the manufacturers’ fleets should be equivalent to around 57 U.S. miles per gallon mpg in 2021. EU is targeted to increase it to 92 miles per U.S. gallons by 2030. Owing to this, the component manufacturers and OEMs in the region are opting for hydroforming process to manufacture the automotive components such as exhaust system, sub frame, side grills among others.  

Moreover, Asia Pacific automotive hydroformed parts market is expected to exhibit the highest CAGR over the forecast period. India, China, and Japan are the key growth engines of the automotive hydroformed parts market in the region. India and China are one of the fastest growing market for automotive industry.  Moreover these countries are adopting stringent fuel efficiency norms, which is expected to drive the market for hydroformed parts in the region. For instance, in 2017, The India government implemented the Corporate Average Fuel Economy (CAFÉ) norms for its petrol, diesel, LPG, and CNG passenger vehicles.

Figure 1. Global Automotive Hydroformed Parts Market Share (%), by Region, (2018)

Automotive Hydroformed Parts  | Coherent Market Insights

Increasing demand for high strength and cost effective components is expected to drive growth of the light commercial vehicles segment of automotive hydroformed parts market over the forecast period

Hydroforming is one of the most cost effective method for creating asymmetrical parts for the automotive industry. Moreover, majority of the components that are used in a vehicles have irregular shapes, owing to various NVH design requirements. Manufacturing these parts using traditional stamping method is cumbersome and expensive compared to hydroforming process. Moreover, usage of hydroformed process provides higher strength to weight ratio, which results in better structural integrity of the vehicle. These factors increased adoption of hydroformed components light commercial vehicles in the recent past. For instance, in 2015, Ford introduced its structural cage made by hydroforming technology in its F-150 pick-up trucks. Instead of welding, the structural cage’s joints and seams are riveted and glued. Usage of this hydroformed part results in weight reduction and provides greater structural reinforcement between the outer and inner box. 

Figure 2. Global Automotive Hydroformed Parts Market Share (%), By Vehicle Type, 2018

Automotive Hydroformed Parts  | Coherent Market Insights

Source: Coherent Market Insights Analysis

Major players operating in the global automotive hydroformed parts market include Alf Engineering, F-TECH, Magna International, Metalsa, Nissin Kogyo, Sango Co., Ltd., Tata Precision Tubes, Tenneco, Thyssenkrupp AG, Vari-Form, and Yorozu.

Hydroforming is a process, in which a ductile material such as brass, aluminium, low alloy steel, and stainless steel is shaped into a unibody component structure. The process does not need any type of welding or rivets to join the components. In this process complex shapes are produced with the help of die forming, where high-pressure hydraulic fluid is compressed at room temperature to form a die. In automotive industry, the usage of hydroformed parts are increasing substantially owing to its cost-effectiveness and rigid strength.

Market Dynamics

Original equipment manufacturers (OEMs) across the globe are focusing on to manufacture lighter stronger and rigid components for the vehicle. Moreover, the government regulations related to fuel efficiency is compelling auto manufacturers to opt for weight reduction in their vehicles, which is expected to drive the market growth over the forecast period. For instance, in 2014, Chevrolet Corvette Stingray was redesigned and released with a hydroformed aluminium chassis. It helped Corvette to reduce weight and helped to increase stiffness when required. Hydroformed parts are lighter, stronger, and has fewer parts than a conventional stamped parts. Moreover, hydroformed parts has lesser components as it does not require rivets or welding to join the components. Tube hydroforming is the most commonly used method in the automotive industry. The typical hydroformed components, which are manufactured by tube hydroforming in a vehicle includes bumper system, pillar, space frame, and exhaust components among others.

Key features of the study:

  • This report provides in-depth analysis of automotive hydroformed parts market and provides market size (US$ Billion) and compound annual growth rate (CAGR %) for the forecast period (2019-2027), considering 2018 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by the leading players
  • It profiles leading players in the global automotive hydroformed parts market based on the following parameters – regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans.
  • Key companies covered as a part of this study include Magna International, Metalsa, Tenneco, Thyssenkrupp AG, Yorozu, Vari-Form, Sango Co., Ltd., Tata Precision Tubes, F-TECH, Alf Engineering, and Nissin Kogyo
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launches, technology upgradation, market expansion, and marketing tactics
  • The global automotive hydroformed parts market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the automotive hydroformed parts market

Detailed Segmentation:

  • Global Automotive Hydroformed Parts Market, By Type
    • Tube Hydroforming
    • Sheet Hydroforming
  • Global Automotive Hydroformed Parts Market, By Material Type:
    • Aluminium
    • Brass 
    • Copper
    • Stainless Steel
    • Others
  • Global Automotive Hydroformed Parts Market, By Vehicle Type:
    • Passenger Cars
    • Light Commercial Vehicles 
    • Heavy Commercial Vehicles
  • Global Automotive Hydroformed Parts Market, By Region:
    • North America
      • By Type
        • Tube Hydroforming
        • Sheet Hydroforming
      • By Material Type
        • Aluminium
        • Brass 
        • Copper
        • Stainless Steel
        • Others
      • By Vehicle Type
        • Passenger Cars
        • Light Commercial Vehicles
        • Heavy Commercial Vehicles
      • By Country
        • U.S.
        • Canada
    • Europe
      • By Type
        • Tube Hydroforming
        • Sheet Hydroforming
      • By Material Type
        • Aluminium
        • Brass 
        • Copper
        • Stainless Steel
        • Others
      • By Vehicle Type
        • Passenger Cars
        • Light Commercial Vehicles
        • Heavy Commercial Vehicles
      • By Country
        • Germany
        • U.K.
        • France
        • Italy
        • Spain
        • Russia
        • Rest of Europe
    • Asia Pacific
      • By Type
        • Tube Hydroforming
        • Sheet Hydroforming
      • By Material Type
        • Aluminium
        • Brass 
        • Copper
        • Stainless Steel
        • Others
      • By Vehicle Type
        • Passenger Cars
        • Light Commercial Vehicles
        • Heavy Commercial Vehicles
      • By Country
        • China
        • India
        • Japan
        • Australia
        • South Korea
        • ASEAN
        • Rest of Asia Pacific
    • Latin America
      • By Type
        • Tube Hydroforming
        • Sheet Hydroforming
      • By Material Type
        • Aluminium
        • Brass 
        • Copper
        • Stainless Steel
        • Others
      • By Vehicle Type
        • Passenger Cars
        • Light Commercial Vehicles
        • Heavy Commercial Vehicles
      • By Country
        • Brazil
        • Mexico
        • Rest of Latin America
    • Africa
      • By Type
        • Tube Hydroforming
        • Sheet Hydroforming
      • By Material Type
        • Aluminium
        • Brass 
        • Copper
        • Stainless Steel
        • Others
      • By Vehicle Type
        • Passenger Cars
        • Light Commercial Vehicles
        • Heavy Commercial Vehicles
      • By Country/Region
        • North Africa
        • Central Africa
        • South Africa
    • Middle East
      • By Type
        • Tube Hydroforming
        • Sheet Hydroforming
      • By Material Type
        • Aluminium
        • Brass 
        • Copper
        • Stainless Steel
        • Others
      • By Vehicle Type
        • Passenger Cars
        • Light Commercial Vehicles
        • Heavy Commercial Vehicles
      • By Country
        • GCC
        • Israel
        • Rest of Middle East
  • Company Profiles
    • Alf Engineering
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Recent Developments/Updates
    • F-TECH
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Recent Developments/Updates
    • Magna International
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Recent Developments/Updates
    • Metalsa
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Recent Developments/Updates
    • Nissin Kogyo
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Recent Developments/Updates
    • Sango Co., Ltd.
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Recent Developments/Updates
    • Tata Precision Tubes
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Recent Developments/Updates
    • Tenneco
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Recent Developments/Updates
    • Thyssenkrupp AG
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Recent Developments/Updates
    • Vari-Form
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Recent Developments/Updates
    • Yorozu
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Recent Developments/Updates
  • Section
    • References
    • Research Methodology
    • About us and Sales Contact

*Browse all the market data tables and figures on "Global Automotive Hydroformed Parts Market - Global forecast to 2027”.

Table of Content

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Top 3 Findings
      • Top 3 Opportunity
      • Top Companies
      • Market Snippet, By Type
      • Market Snippet, By Material Type
      • Market Snippet, By Vehicle Type
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
      • Regulatory Scenario
      • Industry Trend
      • Merger and Acquisitions
      • New Product Approvals/Launch
      • PEST Analysis
      • PORTER’S Five Forces
  4. Global Automotive Hydroformed Parts Market, By Type, 2017-2027 (US$ Billion)
    • Introduction
      • Market Share Analysis, 2017 and 2027 (%)
      • Segment Trends
        • Tube Hydroforming
          • Introduction
          • Market Size and Forecast, 2019 - 2027, (US$ Billion)
        • Sheet Hydroforming
          • Introduction
          • Market Size and Forecast, 2019 - 2027, (US$ Billion)
  5. Global Automotive Hydroformed Parts Market, By Material Type, 2017-2027 (US$ Billion)
    • Introduction
      • Market Share Analysis, 2017 and 2027 (%)
      • Segment Trends
        • Aluminium
          • Introduction
          • Market Size and Forecast, 2019 - 2027, (US$ Billion)
        • Brass 
          • Introduction
          • Market Size and Forecast, 2019 - 2027, (US$ Billion)
        • Copper
          • Introduction
          • Market Size and Forecast, 2019 - 2027, (US$ Billion)
        • Stainless Steel
          • Introduction
          • Market Size and Forecast, 2019 - 2027, (US$ Billion)
        • Others
          • Introduction
          • Market Size and Forecast, 2019 - 2027, (US$ Billion)
  6. Global Automotive Hydroformed Parts Market, By Vehicle Type, 2017-2027 (US$ Billion)
    • Introduction
      • Market Share Analysis, 2017 and 2027 (%)
      • Segment Trends
        • Passenger Cars
          • Introduction
          • Market Size and Forecast, 2019 - 2027, (US$ Billion)
        • Light Commercial Vehicles
          • Introduction
          • Market Size and Forecast, 2019 - 2027, (US$ Billion)
        • Heavy Commercial Vehicles
          • Introduction
          • Market Size and Forecast, 2019 - 2027, (US$ Billion)
  7. Global Automotive Hydroformed Parts Market, By Region, 2017-2027 (US$ Billion)
    • Introduction
      • Market Share Analysis, By Region, 2017 and 2027 (%)
    • North America
      • Introduction
      • Market size and Forecast, 2019 - 2027 (US$ Billion)
      • By Segment
        • Market Size and Forecast, By Type, 2019 - 2027 (US$ Billion)
        • Market Size and Forecast, By Material Type, 2019 - 2027 (US$ Billion)
        • Market Size and Forecast, By Vehicle Type, 2019 - 2027 (US$ Billion)
      • By Country
        • U.S.
          • Introduction
          • Market Size and Forecast, 2019 - 2027, (US$ Billion)
        • Canada
          • Introduction
          • Market Size and Forecast, 2019 - 2027, (US$ Billion)
    • Europe
      • Introduction
      • Market size and Forecast, 2019 - 2027 (US$ Billion)
        • By Segment
          • Market Size and Forecast, By Type, 2019 - 2027  (US$ Billion)
          • Market Size and Forecast, By Material Type, 2019 - 2027 (US$ Billion)
          • Market Size and Forecast, By Vehicle Type, 2019 - 2027 (US$ Billion)
        • By Country
          • Germany
            • Introduction
            • Market Size and Forecast, 2019 - 2027, (US$ Billion)
          • U.K.
            • Introduction
            • Market Size and Forecast, 2019 - 2027, (US$ Billion)
          • France
            • Introduction
            • Market Size and Forecast, 2019 - 2027, (US$ Billion)
          • Italy
            • Introduction
            • Market Size and Forecast, 2019 - 2027, (US$ Billion)
          • Spain
            • Introduction
            • Market Size and Forecast, 2019 - 2027, (US$ Billion)
          • Russia
            • Introduction
            • Market Size and Forecast, 2019 - 2027, (US$ Billion)
          • Rest of Europe
            • Introduction
            • Market Size and Forecast, 2019 - 2027, (US$ Billion)
    • Asia Pacific
      • Introduction
      • Market size and Forecast, 2019-2027 (US$ Billion)
        • By Segment
          • Market Size and Forecast, By Type, 2019 - 2027  (US$ Billion)
          • Market Size and Forecast, By Material Type, 2019 - 2027 (US$ Billion)
          • Market Size and Forecast, By Vehicle Type, 2019 - 2027 (US$ Billion)
        • By Country
          • China
            • Introduction
            • Market Size and Forecast, 2019 - 2027, (US$ Billion)
          • India
            • Introduction
            • Market Size and Forecast, 2019 - 2027, (US$ Billion)
          • Japan
            • Introduction
            • Market Size and Forecast, 2019 - 2027, (US$ Billion)
          • Australia
            • Introduction
            • Market Size and Forecast, 2019 - 2027, (US$ Billion)
          • South Korea
            • Introduction
            • Market Size and Forecast, 2019 - 2027, (US$ Billion)
          • ASEAN
            • Introduction
            • Market Size and Forecast, 2019 - 2027, (US$ Billion)
          • Rest of Asia Pacific
            • Introduction
            • Market Size and Forecast, 2019 - 2027, (US$ Billion)
    • Latin America
      • Introduction
      • Market size and Forecast, 2019 - 2027 (US$ Billion)
        • By Segment
          • Market Size and Forecast, By Type, 2019 - 2027  (US$ Billion)
          • Market Size and Forecast, By Material Type, 2019 - 2027 (US$ Billion)
          • Market Size and Forecast, By Vehicle Type, 2019 - 2027 (US$ Billion)
        • By Country
          • Brazil
            • Introduction
            • Market Size and Forecast, 2019 - 2027, (US$ Billion)
          • Mexico
            • Introduction
            • Market Size and Forecast, 2019 - 2027, (US$ Billion)
          • Rest of Latin America
            • Introduction
            • Market Size and Forecast, 2019 - 2027, (US$ Billion)
    • Africa
      • Introduction
      • Market size and Forecast, 2019 - 2027 (US$ Billion)
        • By Segment
          • Market Size and Forecast, By Type, 2019 - 2027  (US$ Billion)
          • Market Size and Forecast, By Material Type, 2019 - 2027 (US$ Billion)
          • Market Size and Forecast, By Vehicle Type, 2019 - 2027 (US$ Billion)
        • By Country/Region
          • South Africa
            • Introduction
            • Market Size and Forecast, 2019 - 2027, (US$ Billion)
          • Central Africa
            • Introduction
            • Market Size and Forecast, 2019 - 2027, (US$ Billion)
          • North Africa
            • Introduction
            • Market Size and Forecast, 2019 - 2027, (US$ Billion)
    • Middle East
      • Introduction
      • Market size and Forecast, 2019 - 2027 (US$ Billion)
      • By Segment
        • Market Size and Forecast, By Type, 2019 - 2027  (US$ Billion)
        • Market Size and Forecast, By Material Type, 2019 - 2027 (US$ Billion)
        • Market Size and Forecast, By Vehicle Type, 2019 - 2027 (US$ Billion)
      • By Country
        • GCC
          • Introduction
          • Market Size and Forecast, 2019 - 2027, (US$ Billion)
        • Israel
          • Introduction
          • Market Size and Forecast, 2019 - 2027, (US$ Billion)
        • Rest of Middle East
          • Introduction
          • Market Size and Forecast, 2019 - 2027, (US$ Billion)
  8. Competitive Landscape
    • Company Profiles
      • Alf Engineering
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • F-TECH
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Magna International
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Metalsa
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Nissin Kogyo
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Sango Co., Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Tata Precision Tubes
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Tenneco
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Thyssenkrupp AG
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Vari-Form
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Yorozu
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
    • Analyst Views
  9. Section
    • References
    • Research Methodology
    • About us and Sales Contact

*Browse all the market data tables and figures on "Automotive Hydroformed Parts Market - Global forecast to 2027”.

Frequently Asked Questions

The global automotive hydroformed parts market is estimated to reach US$ 7.1 billion by 2027.
Major players operating in the global automotive hydroformed parts market include Alf Engineering, F-TECH, Magna International, Metalsa, Nissin Kogyo, Sango Co., Ltd., Tata Precision Tubes, Tenneco, Thyssenkrupp AG, Vari-Form, and Yorozu.
Equipment that are utilized to execute the hydroforming operations are high cost to purchase, maintain, or upgrade and this is one of the major factors that is expected to hamper growth of the market over the forecast period.
The government regulations related to vehicle economy is driving auto manufacturers to come up with innovative solutions for reducing weight of vehicles, and this one of the major factors expected to propel growth of the market over the forecast period.
The global automotive hydroformed parts market is expected to exhibit a CAGR of 10.4% over the forecast period (2019-2027).
Among regions, Europe held dominant position in the global automotive hydroformed parts market in 2018, followed by Asia Pacific and North America.
Existing Clientele

Joining thousands of companies around the world committed to making the Excellent Business Solutions.

View All Our Clients

Our Trusted Patner