The global metal stamping market size is expected to reach USD 316.72 billion by 2030, registering a CAGR of 4.2% over the forecast period, according to a new report by Grand View Research, Inc. The increasing production of automobiles is anticipated to drive the demand for metal stamping as it is used in the manufacturing of car body panels, transmission components, and interior and exterior structural components. Automobile consumers are shifting their focus towards lightweight vehicles on account of rising concerns about environmental pollution. According to LMC Automotive, U.S. light vehicles sales reached around 14.5 million in 2020 and are expected to reach nearly 15.8 million by 2022. The growing demand for lightweight vehicles is encouraging auto component manufacturers to increase their production capacities and engage in new product developments.
Metal Stamping Market Report Highlights
- Based on process, the blanking segment is anticipated to progress at a significant CAGR over the forecast period, owing to the increasing demand from the automotive industry on account of its precise and superior stamping ability.
- The bending segment accounted for a revenue share of over 16.0% in 2022. Products manufactured using this process ensure stability and durability, thus it is mostly used in auto components.
- Based on application, consumer electronics is projected to be the fastest-growing segment over the forecast period. The growth is attributed to the increasing utilization of lightweight metal components to improve the durability of electronics.
- Industrial machinery held the second-largest revenue share of the global market in 2023. The segment growth is attributable to the rising demand for machinery and automation to improve output efficiency.
- Asia Pacific held the largest revenue share of more than 36.0% in 2023 owing to increasing demand for cars and consumer electronics in the region
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This, in turn, is anticipated to augment market growth over the coming years. Major automobile manufacturers that have in-house component manufacturing facilities are expanding their production capacities to meet the growing demand for automobiles. Moreover, the telecommunications industry is also projected to witness lucrative demand for stamped products owing to the growing investments in 5G technology. For instance, in November 2020, FAIST Precision Suzhou announced its investment in the installation of a new die casting machine, called the FRECH GDK3200T, which will be used to run 5G projects for mass production. In the Asia Pacific, increasing demand for consumer electronics, such as mobile phones, computers, laptops, and headphones, is likely to boost the demand for metal stamping as it is used in manufacturing metal frames, such as metal headbands, which are used in headphones.
Change in consumer preferences towards enhanced audio experience along with a rapidly growing music industry, and advancement in VR technology are the major factors that are expected to drive the demand for headphones. This, in turn, is likely to propel market growth over the coming years. The market is highly competitive with the presence of local as well as global players including Alcoa Corp., Lindy Manufacturing Co., Tool & Manufacturing Company, and D&H Industries. These companies are focusing on long-term agreements, capacity expansions, and mergers and acquisitions to meet the growing product demand from potential customers. For instance, in October 2021, Shiloh Industries completed the acquisition of two stamping plants fromBenteler for the automotive business. These plants are equipped with modern precision laser cutting and hot-formed steel stamping products for the production of chassis components.
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We have segmented the global metal stamping market based on process, press type, thickness, application, and region.
Research Methodology
We employ a comprehensive and iterative research methodology focused on minimizing deviance in order to provide the most accurate estimates and forecasts possible. We utilize a combination of bottom-up and top-down approaches for segmenting and estimating quantitative aspects of the market. Data is continuously filtered to ensure that only validated and authenticated sources are considered. In addition, data is also mined from a host of reports in our repository, as well as a number of reputed paid databases. Our market estimates and forecasts are derived through simulation models. A unique model is created and customized for each study. Gathered information for market dynamics, technology landscape, application development, and pricing trends are fed into the model and analyzed simultaneously.
About Grand View Research
Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S. based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.
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The report titled World Metal Stamping Market by Product Type, Market, Players and Regions-Forecast to 2024 published by Fior Markets summarizes the market in terms of definitions, applications, types and leading key players/manufacturers of Metal Stamping industry.
The report reveals a comprehensive study on market dynamics including drivers, restraints and opportunities, recent trends, and industry performance analysis, and detailed value chain assessment.
The report is partitioned based on driving players, application and regions.
The report throws light on market segmentation, competition, leading participants, and industry environment.Top companies profiled in this report include: l Alcoa Inc., l Acro Metal Stamping, l Lindy Manufacturing, l D Industries, l Kenmode Precision Metal Stamping, l Klesk Metal Stamping Inc., l Clow Stamping Co., l Aro Metal Stamping, l Tempco Manufacturing, l Manor Tool & Manufacturing Company, l Interplex Industries Inc., l Caparo India, l Goshen Stamping Co., Inc.On the basis of product, this market report displays the sales volume, revenue (Million USD), product price, market share, and growth rate of each type, primarily split into l Blanking process, l Embossing process, l Bending process, l Coining process, l Flanging process, On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, sales volume, market share and growth rate for each application, including: Automotive, Industrial Machinery, Consumer Electronics, Aerospace, Electrical & Electronics, Telecommunications, DOWNLOAD FREE SAMPLE REPORT: https://www.fiormarkets.com/report-detail/402578/request-sampleMetal Stamping Market Overview:The report has used different analytical tools and procedures to analyze and serve significant data to guide industry players.
Highlights of the segmentation study covered in this report include price, revenue, sales, sales growth rate, and market share by product.
It enfolds insightful analysis of competition intensity, segments, environment, and product innovations to provide deep comprehension of the complete Metal Stamping market environment.
Report on World Metal Stamping Market by Product Type, Market, Players and Regions-Forecast to 2025 offered by DecisionDatabases.comMetal Stamping market research report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability.
The industry report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market.The report includes the forecasts, Analysis and discussion of important industry trends, market size, market share estimates and profiles of the leading industry Players.Final Report will cover the impact of COVID-19 on this industry.Browse the complete report and table of contents @ https://www.decisiondatabases.com/ip/12335-metal-stamping-industry-market-reportThe Players mentioned in our reportl Alcoa Inc.l Acro Metal Stampingl Lindy Manufacturingl D Industriesl Kenmode Precision Metal Stampingl Klesk Metal Stamping Inc.l Clow Stamping Co.l Aro Metal Stampingl Tempco Manufacturingl Manor Tool & Manufacturing Companyl Interplex Industries Inc.l Caparo Indial Goshen Stamping Co., Inc.Global Metal Stamping Market: Product Segment Analysisl Blanking processl Embossing processl Bending processl Coining processl Flanging processGlobal Metal Stamping Market: Application Segment Analysisl Automotivel Industrial Machineryl Consumer Electronicsl Aerospacel Electrical & Electronicsl TelecommunicationsGlobal Metal Stamping Market: Regional Segment AnalysisUSAEuropeJapanChinaIndiaSouth East AsiaDownload Free Sample Report of World Metal Stamping Market @ https://www.decisiondatabases.com/contact/download-sample-12335There are 10 Chapters to Deeply Display the World Metal Stamping Market.Chapter 1 About the Metal Stamping IndustryChapter 2 World Market Competition LandscapeChapter 3 World Metal Stamping Market shareChapter 4 Supply Chain AnalysisChapter 5 Company ProfilesChapter 6 Globalisation & TradeChapter 7 Distributors and CustomersChapter 8 Import, Export, Consumption and Consumption Value by Major CountriesChapter 9 World Metal Stamping Market Forecast through 2025Chapter 10 Key success factors and Market Overview Purchase the complete World Metal Stamping Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-12335 Other Reports by DecisionDatabases.com: World Automotive Body Stampings Market Research Report 2025 (Covering USA, Europe, China, Japan, India and etc)World Metal Cutting Fluid Market by Product Type, Market, Players and Regions-Forecast to 2025About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
DecisionDatabases.com is proficient in providing syndicated research report, customized research reports, company profiles and industry databases across multiple domains.Our expert research analysts have been trained to map client’s research requirements to the correct research resource leading to a distinctive edge over its competitors.
We provide intellectual, precise and meaningful data at a lightning speed.For more details:DecisionDatabases.comE-Mail: [email protected]: +91 9028057900Web: https://www.decisiondatabases.com/
The Global Metal Stamping Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 gives an evaluation of the market developments based on historical studies and comprehensive research respectively.
The market segments are also provided with an in-depth outlook of the competitive landscape and a listing of the profiled key players.Metal stamping is a process of applying pressure on a sheet metal in order to achieve desired industry product.
Other processes in metal stamping involve flanging, blanking, blending embossing and other sheet metal forming processes.
Metal is an imperative component of many manufacturing and end user industries.
Based on technology global metal stamping market is segmented as blending, coining, embossing, blanking, flanging and others.
Automotive and the aerospace industries are major consumers of heavy metal and in turn are dominant industries surging the growth of global metal stamping market.
With a multi-disciplinary approach, Fact.MR elaborates an extensive analysis of the historical, current and future outlook of the global Aerospace Parts Manufacturing market as well as the factors responsible for such a growth.
Our highly dedicated professionals have inputted critical and accurate insights associated with every industry, and region by doing thorough primary and secondary research.
The global Aerospace Parts Manufacturing market is poised to expand at a CAGR of over 7% during the forecast period (2019-2029).The recent report on the global Aerospace Parts Manufacturing market published by the Fact.MR includes the impact of COVID-19 on the Demand of Aerospace Parts Manufacturing market.
Severe economic crisis are being faced by each and every country of the world.
This has affected each and every market in the world and it will take a good amount of time to recover.
The Aerospace Parts Manufacturing market study includes the current market scenario on the global platform and also forecasts the market development during the forecast period.
