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Metal Stamping Market Size, Share Global Analysis Report, 2022 – 2028
Metal Stamping Market By Process (Blanking, Embossing, Bending, Coining, Flanging), By Material (Steel, Aluminum, Copper, Others), By Application (Automotive & Construction, Industrial Machinery, Consumer Electronics, Aerospace, Electrical & Electronics, Telecommunications, Building & Construction, Others), and By Region - Global Industry Insights, Growth, Size, Share, Comparative Analysis, Trends and Forecast 2022 – 2028
Industry Insights
[205+ Pages Report] According to Facts and Factors, the global metal stamping market was valued at USD 203.80 billion in 2021 and is predicted to increase at a CAGR of 4.30% to USD 262.36 billion by 2028. The study examines the market in terms of revenue in each of the key regions, which are classified into countries.
Market Overview
Metal stamping is the industrial process of creating three-dimensional shapes out of sheet metals such as aluminum, copper, stainless steel, and zinc by employing stamping presses equipped with dies. During the projected period, the global metal stamping market is expected to have promising revenue potential. The rising automotive sector and the rapid rise in demand for smart autos are projected to propel the global metal stamping market forward. The rise in demand for metal stamping is being fueled by increased competitiveness in the automotive industry. The increased focus on safety in the aerospace sector is expected to generate development possibilities for market players. During the forecast period. Also, Growth in the global consumer electronics industry is estimated to drive the demand for the application of metal frames in headphones, mobile phones, gamepads, speakers, and controllers.
The major key river responsible for the growth in the market is growing industrialization combined with infrastructure development and growth in the domestic defense industry which is expected to fuel the demand for machinery and related equipment in the market. The advancement of metal stamping cutting edge has created a dynamic draw for the development of the worldwide metal stamping market. . Besides, the substitution of metal automobile components by lightweight materials such as plastic and carbon fiber is likely to stymie the market expansion in the upcoming years.
Impact of COVID - 19
COVID-19 is an unrivaled worldwide public health emergency that has impacted practically every business, and the long-term repercussions are expected to have a negative influence on industry growth during the projection period. In addition, due to the economic recession, the company's allocated budget for metal stamping manufacturing was reduced. This had an impact on the company's operations. COVID-19 has already had an impact on sales of industrial machinery and electronics equipment in the first quarter of 2020, and it will have a significant impact on market growth in that year, as important firms are coping with labor shortages and attempting to make up for losses in 2020. The substantial demand for industrial machinery has been seen in large manufacturing countries such as the United States, which has been hampered by the spread of innovative COVID19, which has hampered the demand for industrial machinery.
The North American region especially the U.S. has observed an extraordinary rise in the number of confirmed cases which resulted in large-scale lockdown across various regions as well as industrial activities. Moreover, the supply chain, component manufacturer, and distributor’s lack of availability of business has further significantly influenced the production of metal stamping by the market players. Therefore, the market is expected to see a significant drop in end-user demand.t is likely to witness a major downfall in the demand among the end-users for the year.
Segmentation Analysis
The global Metal Stamping market is segregated based on application, process, material, and region.
In terms of applications, in 2021, the banking segment of the global metal stamping market accounted for the largest share. The advantages afforded by this method, such as greater dimensional precision and a faster production rate, are expected to increase demand. This technology is used to manufacture complicated boards in automobiles using customized stamped parts. The method is also used to assemble minor joints, and hinges, and to cast a hole or any other desired shape in a component. Furthermore, during mass production, this technique gives great dimensional control.
In terms of material, the steel category holds the largest share in the market over the upcoming years. This is due to steel's easy and widespread availability, as well as its good quality, ease of use, and inexpensive price. The aluminum stamping market, on the other hand, is expected to expand rapidly over the forecast period. The increasing interest from the aerospace and automotive industries to reduce fuel costs and weight is largely responsible for the market's rise.
Report Scope
Report Attribute |
Details |
Market Size in 2021 |
USD 203.80 Billion |
Projected Market Size in 2028 |
USD 262.36 Billion |
CAGR Growth Rate |
4.30% CAGR |
Base Year |
2021 |
Forecast Years |
2022-2028 |
Key Market Players |
Acro Metal Stamping, Manor Tool & Manufacturing Company, D&H Industries Inc, Kenmore Inc., Klesko Metal Stamping Co, Clow Stamping Comp, Goshen Stamping Company, Tempo Manufacturing Company Inc, Interplea Holdings Pt. Ltd., CAPARO, Nissan Motor Co. Ltd, AAPICO Hitech Public Company Limited, Gestamp, Ford Motor Company, and Others |
Key Segment |
By Process, Material, Application, and Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
Purchase Options |
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Regional Landscape
The Asia-Pacific region is growing at a whopping rate in the global metal stamping market during the forecast period. This is due to the increasing car, and consumer electronics demand in the domestic market and is expected to witness the highest growth rate during the forecast period. The expansion is majorly driven by developing economies like China, India, Vietnam, Malaysia, Bangladesh, Indonesia, and Pakistan, where the rising demand for smartphones and other consumer electronics is expected to boost the entire metal stamping industry over the projection period.
The requirement for machinery and related equipment in this region is likely to be fueled by increasing industrialization, infrastructural development, and growth in the local defense industry.
List of Key Players in the Global Metal Stamping Market:
- Acro Metal Stamping
- Manor Tool & Manufacturing Company
- D&H Industries Inc
- Kenmore Inc.
- Klesko Metal Stamping Co
- Clow Stamping Comp
- Goshen Stamping Company
- Tempo Manufacturing Company Inc
- Interplea Holdings Pt. Ltd.
- CAPARO
- Nissan Motor Co. Ltd
- AAPICO Hitech Public Company Limited
- Gestamp
- Ford Motor Company
The global metal stamping market is segmented as follows;
By Process Segment Analysis
- Blanking
- Embossing
- Bending
- Coining
- Flanging
By Material Segment Analysis
- Steel
- Aluminum
- Copper
- Others
By Application Segment Analysis
- Automotive & Construction
- Industrial Machinery
- Consumer Electronics
- Aerospace
- Electrical & Electronics
- Telecommunications
- Building & Construction
- Others
By Regional Segment Analysis
- North America
- The U.S.
- Canada
- Mexico
- Europe
- France
- The UK
- Spain
- Germany
- Italy
- Nordic Countries
- Denmark
- Sweden
- Norway
- Benelux Union
- Belgium
- The Netherlands
- Luxembourg
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Southeast Asia
- Indonesia
- Thailand
- Malaysia
- Singapore
- Rest of Southeast Asia
- Rest of Asia Pacific
- The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
Table of Content
Industry Major Market Players
- Acro Metal Stamping
- Manor Tool & Manufacturing Company
- D&H Industries Inc
- Kenmore Inc.
- Klesko Metal Stamping Co
- Clow Stamping Comp
- Goshen Stamping Company
- Tempo Manufacturing Company Inc
- Interplea Holdings Pt. Ltd.
- CAPARO
- Nissan Motor Co. Ltd
- AAPICO Hitech Public Company Limited
- Gestamp
- Ford Motor Company
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