Global Metal Stamping Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027
MarketResearch.biz delivers in-depth insights on the global metal stamping market in its upcoming report titled, “Global Metal Stamping Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027”. The global metal stamping market is estimated to register a CAGR of X.X% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The metal stamping market report has been segmented on the basis of process, application, and region.
This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.
Metal stamping is a process that uses dies to transmute metal sheets into different shapes. It is a method in which metal sheet is shaped by pressing, folding, stretching, bending, and twisting with pressing machinery.
On the basis of process, bending segment is estimated to hold major revenue share in the global metal stamping market and is expected to maintain its dominance over the forecast period. Bottom bending, air bending, folding, and three-point bending are some of the bending techniques that are being used to manufacture automobile and industry machinery components.
On the basis of application, the automotive segment is estimated to hold major revenue share in the global metal stamping market on account of growing production for passenger vehicles in developing and developed economies, which is expected to boost the segment growth over the forecast period. The increasing demand for automobiles in developing economies can be attributed due to the increasing working population, rapid industrialization, and growing middle-income level groups. Automotive components such as engine, chassis, transmission parts, hood, and exterior structural panels are manufactured using sheet metal.
Asia Pacific market is estimated to hold major revenue share in the global metal stamping market, in 2017 and is expected to maintain its dominance over the forecast period. Growing demand for automobile in the region owing to increasing purchase power of people is expected to be a major factor driving market growth. Asia Pacific accounts for largest revenue share contribution of the target market, followed by markets in Europe, North America, Latin America, and the Middle East & Africa respectively. Presence of large number of manufacturers along with increasing infrastructure activities in China and India is anticipated to propel market growth. Moreover, increasing oil & gas exploration activities in the region are expected to propel market growth.
Market segmentation and key players operating in the global metal stamping market:
- Others (hemming, stretching, ironing, and drawing)
- Electrical & electronics
- Industrial machinery
- Others (telecommunication and consumer electronics)
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$
- Acro Metal Stamping
- Lindy Manufacturing Co.
- American Industrial Co.
- Wisconsin Metal Parts, Inc.
- CIE Automotive, S.A.
- Clow Stamping Company
- Kenmode Tool and Engineering, Inc.
- Manor Tool & Manufacturing Company
- Interplex Holdings Pte. Ltd.
- Goshen Stamping Co., Inc.
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