Metal stamping market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with the CAGR of 2.90% in the forecast period of 2021 to 2028 and is expected to reach USD 286.29 billion by 2028. The significant growth in consumer electronics sector owning to the extensive use in metal frames of headphones, mobile phones, speakers, game pads and others is escalating the growth of metal stamping market.
Metal stamping refers to the industrial process of providing three-dimensional shapes to sheet metals such as aluminum, copper, stainless steel and zinc by using machinery fitted with dies which are known as stamping presses. These shaped metals are then further utilized in various industries from consumer electronics and equipment to automotive. The process continues to replace existing metal forming processes including forging and die casting owning to high production rate.
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The major players covered in the metal stamping market report are Arconic, ACRO Building Systems., Manor Tool & Manufacturing Company, LINDY MANUFACTURING CO, D&H Industries, Inc., Kenmode, Inc., Klesk Metal Stamping Co., Aro Metal Stamping Company, Inc., Tempco Manufacturing Company, Inc., Interplex Holdings Pte. Ltd., Caparo Group., Goshen Stamping Company, Clow Stamping Company, American Industrial Co., Martinrea International Inc., Magna International Inc., Hayes Lemmerz International, Harvey Vogel Manufacturing Co., Ningbo Haitong Metal Fabrication Co,LTD., Dongguan Fortuna Metal & Electronics Co., Ltd, thyssenkrupp AG, Alcoa Corporation among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Metal Stamping Market Scope and Market Size:
Metal stamping market is segmented on the basis of process and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of process, the metal stamping market is segmented into blanking, embossing, bending, coining, flanging and others.
- On the basis of application, the metal stamping market is segmented into automotive, industrial machinery, consumer electronics, aerospace, electrical and electronics, telecommunications and others.
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Global Metal Stamping Market Country Level Analysis:
Metal stamping market is analysed and market size, volume information is provided by country, process and application as referenced above.
The countries covered in the metal stamping market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the metal stamping market and expected to witness highest CAGR due to the rise in demand for consumer electronics, mobile phones and cars especially in the developing countries such as India, Bangladesh, Indonesia, Pakistan and China.
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