Metal Stamping Market – Industry Share, Strategies and Forecasts 2021
The Metal Stamping Market Research Report provides forecast and estimates for each application in terms of Market Size, Share, Trend and Growth during the study period (2014–2021).
Metal stamping is a process of applying pressure on a sheet metal in order to achieve desired industry product. Metal stamping is done by either done by pressing or punching the metal sheet. Other processes in metal stamping involve flanging, blanking, blending embossing and other sheet metal forming processes.
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Metal is an imperative component of many manufacturing and end user industries. Steel, stainless steel, cast iron and aluminum are the basic components of automotive, aerospace, consumer appliances and the machinery industry. Metal stamping is thus, an imperative process having wide range of applications in the manufacturing as well as end user industries.
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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. Moreover, changing lifestyle trends of consumers over the forecast have led to the demand of consumer electronics. This in turn benefits the growth of global metal stamping market strongly. In addition, the aerospace and automotive industries require panels of various shapes and sizes which in turn are significant factors fueling the growth of this market. High initial cost of raw materials is a factor hindering the growth of global metal stamping market.
Major player assessed in the report is :
– Alcoa Inc.
– American Industrial Company
– BMW AG
– D&H Industries Inc.
– Dongguan Fortuna Metal Stamping Company
– Fiat Chrysler Automobiles
– Ford Motor Company
– General Motors
– Harvey Vogel Manufacturing Co.
– Hayes Lemmerz International
– Magna International Inc.
– Martinrea International Inc.
– ThyssenKrupp AG
Developed regions like Europe and North America are expected to show steady growth for the metal stamping market. Asia Pacific is among the fastest growing developing region for the metal stamping market. China and India are the countries responsible for the fast growth.
SEGMENTATIONS IN REPORT :
1. Global Metal Stamping Market By Technology :
2. Global Metal Stamping Market By Application :
– Industrial Machinery
– Consumer Electronics
– Electrical & Electronics
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