The
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
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
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
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