Global Metal Stamping Market is expected to reach USD 299.6
billion by 2025, according to a new report by Grand View Research, Inc. The
increasing use of sheet metal in application industries such as automotive,
industrial machinery, and consumer electronics is expected to drive industry
growth.
Rising number of fabricators in Asia
Pacific region is expected to be a key driving factor for the industry. The
increasing R&D investment by companies to improve efficiency and
operational-ability of stamping machinery is expected to promote growth over
the forecast period.
Metal prices have seen constant
fluctuations in the past few decades. The growing demand from end-use
industries as well as economic growth and its subsequent decline has resulted
in volatility in the prices. However, the prices witnessed an overall downfall
in the recent past which is expected to aid the use of metal and stamping
processes.
The stamping industry is highly competitive
with a presence of companies catering to local as well as global market.
Players in the industry compete on the basis of service, customized products and
expertise in the manufacturing of stamped parts and sign a long-term agreement
with the OEMs to ensure constant demand.
Full Research Report on Global Metal
Stamping Market Analysis:
http://www.grandviewresearch.com/industry-analysis/metal-stamping-market
http://www.grandviewresearch.com/industry-analysis/metal-stamping-market
Further key findings from the report
suggest:
- Blanking is an integral part of the automobile manufacturing
chain and is expected to witness significant growth in demand over the
forecast period owing to its precise and superior blanking technologies
introduced in the industry
- The use of laser embossing for engraving patterns and dates on
automotive components and on license plates is expected to augment the
demand for the process and is projected to account for 22.2% by 2025
- Metal stamping in automotive application to manufacture
auto-body components such as tailgate, trunk lid, door, bonnet, and hood
dominated the global market in 2016 and is expected to account for 33.2%
of the overall revenue share in 2025
- Consumer electronics is expected grow at a CAGR of 6.0% over
the forecast period on account of the growing utilization of lightweight
metal parts to enhance impact resistance of electronic components
- Asia Pacific accounted for 34.8% of the overall revenue share
in 2016 on account of the increased production of industrial machinery in
Asian countries owing to favorable government initiatives to promote
industrialization
- Companies such as Alcoa have goodwill in the industry; which
provides them with the leverage over the local manufacturers and has the
ability to cater to the bulk requirements of the major players from
application industries
View
more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/hvac-and-construction-technologies
Grand
View Research has segmented the Global Metal Stamping Market on the basis of process,
application and region:
Metal Stamping Process Outlook (Revenue,
USD Billion, 2014 - 2025)
- Blanking
- Embossing
- Bending
- Coining
- Flanging
- Others
Metal Stamping Application Outlook
(Revenue, USD Billion, 2014 - 2025)
- Automotive
- Industrial Machinery
- Consumer Electronics
- Aerospace
- Electrical & Electronics
- Telecommunications
- Others
Metal Stamping Regional Outlook
(Revenue, USD Billion, 2014 - 2025)
- North America
- U.S.
- Europe
- Germany
- U.K
- Asia Pacific
- China
- India
- Japan
- Central & South America
- Middle East & Africa
View Press Release of this research
report by Grand View Research: http://www.grandviewresearch.com/press-release/global-metal-stamping-market
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
For More Information: www.grandviewresearch.com
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
For More Information: www.grandviewresearch.com
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