As a non-homogenous force stresses during incremental forming, sheet metal easily tended to instability, and some defects, such as deposition, wrinkle and fracture, would appear. If the vibration technique was combined the incremental forming process, its deformation mechanism would be different from that of the old process, and sheet metal deformation quality was also risen. Then some mechanical equations were built by force analyzed on element in local contact zone of die head forcing down. According to reasonable hypothesis and simplified, the equations were solved. Some stress-time curves of the element were obtained by given process parameters, vibrational parameters and time parameters. It is shown from analysis that stress variety of the element is closely related to amplitude, frequency and forming angle, effect of sheet metal vibration incremental forming with high frequency vibration is more superior than that of with low frequency vibration; only when vibrational parameters are reasonably matching technical parameters, the effective vibration incremental forming can be obtained.