Global Metal Stampings Market By Process (Blanking, Embossing, Bending and Others), By End-Use (Automotive, Aerospace, Consumer Electronics, Industrial Machinery and Others), and By Regions - Global Forecast 2030

Global Metal Stampings Market Overview :

The Global Metal Stampings Market is projected to be US$ 2,39,753.7 Mn in 2020 to reach US$ 3,55,609.9 Mn by 2030 at a CAGR of 4.1%.

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A low-cost, high-speed manufacturing process used to transform flat metal sheets/plates into specific shapes and mass-produce similar metal parts metal stamping is used. To shape the metal into a new shape, a flat piece or blank is fed into a sheet metal press, which uses tools and dies surfaces to produce new shape metals. Manufacturers mainly use two methods for metal stamping, i.e., hot metal stamping or cold metal stamping.

In cold metal stamping, a metal plate can be formed into the desired shape by using high pressure.  In hot metal stamping, the steel blank is heated until it can be deformed, then shaped into a proper shape using a particular mold, and then quickly cooled to lock it into the desired shape. Nowadays, stamping professionals use computer-aided manufacturing (CAM) technology and computer-aided design (CAD) to design molds.

Nine primary methods or processes such as blanking, piercing, drawing, bending, air bending, bottoming and coining, forming, pinch trimming, and lancing are a series of processes involved in metal stamping. Blanking is the first step in the stamping process and is usually done on a large scale; it consists of cutting larger metal plates or metal rolls into smaller, more easily controlled workpieces. Similar to bottoming, precision pressing and bending is the process of forming.

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• Competitive benchmarking
• Market forecasts
• Company market shares
• Market opportunities
• Latest trends & dynamics

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Global Metal Stampings Market Revenue (US$ Mn), 2020–2030

The growing urban population, expanding industrialization, increasing globalization, and rising need for stamped metal components in various applications and end-use industries such as automotive, industrial machinery, consumer appliances, and other industries. Also, the robust growth of the automotive industry is in the US and India. These factors are expected to boost the market growth of global metal stampings.

Availability of alternative methods of metal stamping process includes sheet hydroforming and metal spinning. These methods are cost-effective and can also be used for the mass production of parts. Parts formed using these technologies comply with current industry specifications. Also, the changing trend of replacing metals with composite materials and polymers to reduce vehicle weight and cost has decreased the use of metal stamping. These factors are expected to hinder market growth to a certain extent.

The use of stamped metal parts is increasing due to the increasing popularity and production of electric vehicles and government initiatives and subsidies for EV manufacturer coupled with the latest developments in metal forming technologies such as laser technology, bending automation, 3D scanning, production solutions for high strength aluminum are some factors supporting the growth of target market in the forecasted period.

Global Metal Stampings Market Attractiveness Analysis by Process, 2014–2030

The market is segmented into North America, Europe, APAC, South America, and Middle East Africa by region. Based on the region, the Asia-Pacific market is estimated to account for a major revenue share. It is projected to dominate the global Metal Stampings market in the coming years. This is owing to the increased automotive industry in countries in the region.

The research report on the global Metal Stampings market includes profiles of some of the major companies such as CIE Automotive SA, Tower International, Inc., Shiloh Industries, Inc., Interplex Holdings Ltd., Oberg Industries LLc, Suzhou Cheersson Precision Metal Forming Co. Ltd., Clow Stamping Company Inc., Kapco Inc., Kenmode Tool & Engineering Inc., Manor Tool & Manufacturing.

Global Metal Stampings Market segmentation based on Process, End-Use, and Region

Based on Process:

• Blanking
• Embossing
• Bending
• Other Process

Based on End-Use:

• Automotive
• Aerospace
• Consumer Electronics
• Industrial Machinery
• Other End-Uses

Based on Region:

• North America
• Europe
• Asia-Pacific
• South America
• Middle East & Africa