Dublin, Aug. 13, 2021 (GLOBE NEWSWIRE) -- The "Metal Stamping Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering.
The global metal stamping market reached a value of US$ 187.3 Billion in 2020. Looking forward, the publisher expects the market to grow at a CAGR of around 5% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Metal stamping is a complex manufacturing process used to convert flat metal sheets into specific shapes by placing them in either the coil or blank form into a stamping press. This can be done using numerous metal forming techniques, including blanking, punching, bending, piercing, coining, embossing, and flanging. Metal stamping can produce a high volume of identical metal components at a low cost. In recent years, several companies have been heavily investing in research and development (R&D) activities to introduce automated metal stamping technology for manufacturing agricultural equipment.
Metal stamping dies are relatively less expensive to maintain and produce than those used in other processes. The secondary costs, including plating and cleaning, are also cheaper than similar treatments for other metal fabrication processes. Besides this, the high level of automation and the employment of high-end computer-control programs in stamping machines represent the major metal stamping market trends. Nowadays, in most manufacturing plants, the entire process of blanking is automated and monitored through computers. The data is available with the central server, which helps operators in making necessary decisions in critical situations. Unlike traditionally used metal forming processes, these machines have improved production, lowered costs and create large quantities of identical metal components at the same time.
The widespread adoption of the bending process across various industries to improve the stability, durability and quality of the products represents the major factor impelling the growth of the global metal stamping industry. Metal stamping is widely utilized in the aerospace industry to manufacture frames and channels that are used in ultra-lightweight aircraft. In consumer electronics, metal stamping is used to produce metal frames used in mobile phones, headphones, speakers, gamepads, and controllers. Apart from this, with the growing demand for electric and hybrid vehicles, there has been a significant rise in the adoption of hot stamping technology. Metal stamping is widely implemented in the automobile industry to convert sheet metal into exterior and interior parts, such as auto-body panels and various appliance parts. Moreover, the increasing investments in major automotive hubs, like China, Japan and India, on new production facilities are also expected to escalate the demand for motor stamped parts in the coming years.
The development of new materials, such as advanced high strength steels (AHSS), has increased the demand for metal stamping as they are employed in sheet metal stamping, which produces higher contact pressure at the die-blank interface than conventional materials. Furthermore, the leading metal stamping companies are developing technologically advanced stamping methods, such as computer-aided design (CAD) processes that allow the shaping of metal parts through highly precise and accurate computer-generated drawings. They are also utilizing digital measuring systems that significantly reduce the processing time. Moreover, the introduction of 3D printing technology and additive fabrication, and extensive research and development (R&D) activities, are also contributing to the market growth.
Key Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the global metal stamping market report, along with forecasts for growth at the global, regional and country levels from 2021-2026. Our report has categorized the market based on the region, material, press type, process and application.
Breakup by Material:
- Steel
- Aluminum
- Copper
- Others
Breakup by Press Type:
- Mechanical Press
- Hydraulic Press
- Servo Press
Breakup by Process:
- Blanking
- Embossing
- Bending
- Coining
- Deep Drawing
- Flanging
- Others
Based on the process, blanking accounts for the majority of the overall market share.
Breakup by Application:
- Automotive
- Industrial Machinery
- Consumer Electronics
- Aerospace
- Electrical and Electronics
- Healthcare
- Defense
- Telecommunications
- Others
Amongst these, the automotive industry currently represents the largest application segment.
Regional Insights:
- North America
- United States
- Canada
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Region-wise, Asia Pacific exhibits a clear dominance in the market.
Competitive Landscape:
The competitive landscape of the market has been analyzed, with some of the leading players being Acro Metal Stamping, American Axle & Manufacturing Inc., American Industrial Company, Arconic Corporation, Aro Metal Stamping Company Inc., Caparo Engineering India Limited, CIE Automotive, Clow Stamping Company Inc., D&H Industries (Vista Equity Partners), Goshen Stamping LLC, Interplex Industries Inc. (Amtek Engineering), Kenmode Precision Metal Stamping, Klesk Metal Stamping Inc. and Tempco Manufacturing Company Inc.
Key Topics Covered:
1 Preface
2 Scope and Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Metal Stamping Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Material
6.1 Steel
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Aluminum
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Copper
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Others
6.4.1 Market Trends
6.4.2 Market Forecast
7 Market Breakup by Press Type
7.1 Mechanical Press
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Hydraulic Press
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Servo Press
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by Process
8.1 Blanking
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Embossing
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Bending
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Coining
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Deep Drawing
8.5.1 Market Trends
8.5.2 Market Forecast
8.6 Flanging
8.6.1 Market Trends
8.6.2 Market Forecast
8.7 Others
8.7.1 Market Trends
8.7.2 Market Forecast
9 Market Breakup by Application
9.1 Automotive
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Industrial Machinery
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Consumer Electronics
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Aerospace
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Electrical and Electronics
9.5.1 Market Trends
9.5.2 Market Forecast
9.6 Healthcare
9.6.1 Market Trends
9.6.2 Market Forecast
9.7 Defense
9.7.1 Market Trends
9.7.2 Market Forecast
9.8 Telecommunications
9.8.1 Market Trends
9.8.2 Market Forecast
9.9 Others
9.9.1 Market Trends
9.9.2 Market Forecast
10 Market Breakup by Region
11 SWOT Analysis
12 Value Chain Analysis
13 Porters Five Forces Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Acro Metal Stamping
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.2 American Axle & Manufacturing Inc.
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.2.3 Financials
14.3.2.4 SWOT Analysis
14.3.3 American Industrial Company
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.4 Arconic Corporation
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.4.3 Financials
14.3.4.4 SWOT Analysis
14.3.5 Aro Metal Stamping Company Inc.
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.6 Caparo Engineering India Limited
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.7 CIE Automotive
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.7.3 Financials
14.3.8 Clow Stamping Company Inc.
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.9 D&H Industries (Vista Equity Partners)
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.10 Goshen Stamping LLC
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.11 Interplex Industries Inc. (Amtek Engineering)
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
14.3.12 Kenmode Precision Metal Stamping
14.3.12.1 Company Overview
14.3.12.2 Product Portfolio
14.3.13 Klesk Metal Stamping Inc.
14.3.13.1 Company Overview
14.3.13.2 Product Portfolio
14.3.14 Tempco Manufacturing Company, Inc.
14.3.14.1 Company Overview
14.3.14.2 Product Portfolio
For more information about this report visit https://www.researchandmarkets.com/r/n6x5ww