Global Metal Stamping Market Analysis Forecast 2017 – 2022
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. 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.
Based on technology global metal stamping market is segmented as blending, coining, embossing, blanking, flanging and others. Applications segment the global metal stamping market into aerospace, industrial machinery, electrical & electronics, automotive, consumer electronics, telecommunications 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. 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.
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. Leading companies of the global metal stamping market are
Martinrea International Inc.,
American Industrial Company,
Hayes Lemmerz International,
Heju Precision Electronic Co., Ltd.
D&H Industries Inc.,
Magna International Inc.,
Harvey Vogel Manufacturing Co.,
Fiat Chrysler Automobiles, BMW AG,
Toyota Motor Corporation, General Motors,
Whirlpool, Boeing and Ford Motor Company.
Decision Databases is involved in providing research reports and company profiles in the global metal stamping market in terms of revenue and output/volume. Market drivers, opportunities and restraints are thoroughly studied which influences the market. This study is further utilized for the overall analysis of the market. The metal stamping market is segmented based on the global applications, geographic presence, by products and ingredients. We offer an inclusive category-specific market outlook. We provide access to a comprehensive collection of companies in the industry. The companies can strategize and execute business operations through our competitor analysis. Find the global industry analysis, market size, share, growth, and trends information in our metal stamping profiles.