To enable the manufacturing of intricate shaped panel components, significant trial has been undertaken to find better results at room temperature for low ductility of lightweight alloys of aluminum and to get higher formability. Aluminum alloys are progressively being used to reduce vehicle weight in the automotive and aerospace sectors. To that purpose, this work offers a thorough study of broadly adopted forming technologies for light weight alloys of aluminums in cold conditions, and also the material response and overall setup used in each technology. This review article aims to provide creators of process engineering with such a systematic approach to identifying the appropriate sheet metal forming methodology which suits particular demand in industry.