According to IMARC Group’s latest report, titled “Metal Stamping Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, The study provides a detailed analysis of the industry, including the global metal stamping market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
The global metal stamping market size reached US$ 207.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 257.7 Billion by 2028, exhibiting a growth rate (CAGR) of 3.3% during 2023-2028.
Metal stamping refers to a complex manufacturing process utilized to convert flat metal sheets into various shapes by placing them in either the coil or blank form into a stamping press. It involves multiple steps, including blanking, coining, punching, bending, piercing, embossing, and flanging. Metal stamping techniques can produce a high volume of identical metal components at the lowest cost. They even allow convenient manufacturing of complicated profiles with improved repeatability and require no secondary operations. Consequently, metal stamping procedures find widespread utilization across several sectors, such as automotive, consumer electronics, industrial machinery, aerospace, electrical, telecommunications, healthcare, defense, etc.
Request For a Free PDF Sample Report: https://www.imarcgroup.com/metal-stamping-market/requestsample
Note: We are in the process of updating our reports. If you want to receive the latest research data covering the period from 2023 to 2028, along with industry trends, market size, and competitive analysis, click on the request sample report. The team would be able to deliver the latest version of the report in a quick turnaround time.
The increasing application of metal frames in headphones, mobile phones, speakers, gamepads, and controllers is among the key factors driving the metal stamping market. In addition to this, the escalating need for blanking in the automobile industry, owing to its ability to cater to mass production lines, is acting as another significant growth-inducing factor. Moreover, the rising investments of numerous companies in research and development (R&D) activities for introducing automated metal stamping technology to manufacture agricultural equipment are further stimulating the global market. In line with this, the launch of computer-aided design (CAD) systems that facilitate the shaping of metal parts through highly precise and accurate computer-generated drawings is also positively influencing the market growth. Furthermore, the expanding use of digital measuring systems that significantly decrease the processing time, the elevating dependence on 3D printing technology and additive fabrication, and the growing production of fighter and commercial aircraft are expected to bolster the metal stamping market over the forecasted period.
The competitive landscape of the market has been analyzed, with some of the leading players.
The report has categorized the market based on the material, press type, process and application.
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
134 N 4th St.
Brooklyn, NY 11249, USA
Tel No:(D) +91 120 433 0800
Americas: – +1 631 791 1145 | Africa and Europe: – +44-702-409-7331 | Asia: +91-120-433-0800