How has Covid-19 Impacted the future of Metal Stamping Market?
Metal stamping market is expected to gain market growth in the forecast period of
2021 to 2028. Data Bridge Market Research analyses that the market is growing
with the CAGR of 2.90% in the forecast period of 2021 to 2028 and is expected
to reach USD 286.29 billion by 2028. The significant growth in consumer
electronics sector owning to the extensive use in metal frames of headphones,
mobile phones, speakers, game pads and others is escalating the growth of metal
stamping market.
Metal Stamping
Market Scope and Market Size
Metal
stamping market is segmented on the basis of process and application. The
growth amongst the different segments helps you in attaining the knowledge
related to the different growth factors expected to be prevalent throughout the
market and formulate different strategies to help identify core application
areas and the difference in your target markets.
·
On the basis of process, the metal stamping market is segmented
into blanking, embossing, bending, coining, flanging and others.
·
On the basis of application, the metal stamping market is
segmented into automotive, industrial machinery, consumer electronics,
aerospace, electrical and electronics, telecommunications and others.
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Market Analysis and Insights: Global Metal
Stamping Market
Metal
stamping refers to the industrial process of providing three-dimensional shapes
to sheet metals such
as aluminum, copper, stainless steel and zinc by using machinery fitted with
dies which are known as stamping presses. These shaped metals are then further
utilized in various industries from consumer electronics and equipment to
automotive. The process continues to replace existing metal forming processes
including forging and die casting owning to high production rate.
The
growing technological developments and innovations in the automotive sector
increases the demand of metal stamping which act as a major key driver for the metal
stamping market. The metal stamping is extensively used in the manufacturing of
automobiles finding its utilization in brackets, hangers, bonnets, side panels
and others. The increase in demand for metal stamping by industries such as
electrical & electronics, consumer electronics, aerospace,
telecommunication and engineering machinery influence the market. Additionally,
the next generation of metal stamping has generated a dynamic pull as it is
cost effective and efficient which accelerates the market growth. Furthermore,
penetration of additive fabrication and 3D printing extend profitable
opportunity to the market players in the forecast period of 2021-2028.
On the
other hand, the growth in the utilization of other alternative processes in the
production of heavy metals due to their more flexibility and quality end
product and emergence of substitutes such as plastic or composites are factors
projected to obstruct the market growth. The high price of raw material is
challenging the metal stamping market in the forecast period of 2021-2028.
This
metal stamping market report provides details of new recent developments, trade
regulations, import export analysis, production analysis, value chain
optimization, market share, impact of domestic and localized market players,
analyses opportunities in terms of emerging revenue pockets, changes in market
regulations, strategic market growth analysis, market size, category market
growths, application niches and dominance, product approvals, product launches,
geographical expansions, technological innovations in the market. To gain more
info on metal stamping market contact Data Bridge Market Research for an Analyst
Brief, our team will help you take an informed market decision to achieve
market growth.
Global Metal
Stamping Market Country Level Analysis
Metal
stamping market is analyzed and market size, volume information is provided by
country, process and application as referenced above.
The countries
covered in the metal stamping market report are the U.S., Canada and Mexico in
North America, Germany, France, U.K., Neth
Metal stamping
market competitive landscape provides details by competitor. Details included
are company overview, company financials, revenue generated, market potential,
investment in research and development, new market initiatives, global
presence, production sites and facilities, production capacities, company
strengths and weaknesses, product launch, product width and breadth,
application dominance. The above data points provided are only related to the
companies’ focus related to metal stamping market.
Major players
covered in the metal stamping market
The major
players covered in the metal stamping market report are Arconic, ACRO Building
Systems., Manor Tool & Manufacturing Company, LINDY MANUFACTURING CO,
D&H Industries, Inc., Kenmode, Inc., Klesk Metal Stamping Co., Aro Metal
Stamping Company, Inc., Tempco Manufacturing Company, Inc., Interplex Holdings
Pte. Ltd., Caparo Group., Goshen Stamping Company, Clow Stamping Company,
American Industrial Co., Martinrea International Inc., Magna International
Inc., Hayes Lemmerz International, Harvey Vogel Manufacturing Co., Ningbo
Haitong Metal Fabrication Co,LTD., Dongguan Fortuna Metal & Electronics
Co., Ltd, thyssenkrupp AG, Alcoa Corporation among other domestic and global
players. Market share data is available for global, North America, Europe,
Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately.
DBMR analysts understand competitive strengths and provide competitive analysis
for each competitor separately.
erlands,
Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe,
China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand,
Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC),
Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and
Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and
Rest of South America as part of South America.
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