Press release
Metal Stamping Market Witness to Robust Expansion by 2023 , Market grow at a CAGR of 3.9% from 2018 to 2023
Metal Stamping Market By Process (Blanking, Embossing, Bending, Deep Drawings), Material (Steel, Aluminum, Copper), Application (Automotive, Consumer Electronics, Aviation, Electronic, Telecommunications, Medical, Defense), And Geography – Global Forecast To 2023Global metal stamping market has shown strong growth pattern in recent years majorly due to rising urbanization and industrialization, growing automotive industry, increasing demand from aerospace and aviation industry, and rise in technological advancements. In addition, rising use of sheet metal across manufacturing industries and rising investments into metal stamping facilities further supports the growth of this market.
Meticulous Research® in its latest publication on Metal Stamping Market states that the global metal stamping market will increase at a CAGR of 3.9% from 2018 to 2023 to reach USD 289.24 billion by 2023. Wherein, geographically, Asia Pacific commanded the largest share in this market followed by Europe. The growth in the Asia Pacific market is primarily attributed to rising industrialization, significantly growing automotive and aerospace & aviation industry, infrastructural developments, and rising private & government investment in manufacturing sectors propels the growth of this market.
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The report provides meticulous analysis of global metal stamping market by segmenting it on the basis of process (blanking, embossing, bending, coining, deep drawing, flanging, and others), material (steel, aluminium, copper and others), application (automotive, industrial machinery, consumer electronics, aerospace and aviation, electrical and other electronics, telecommunications, medical, defense, and others). Wherein, among process, blanking, accounted for largest share in global market in 2017. The large share of this market is majorly due to blanking being a fundamental process in the metal stamping, and it has ability to produce precise and superior quality metal work pieces in large volumes at low costs. In terms of materials, steel stamping continues its dominance owing to its easy and high availability; high strength; relatively low cost; and high demand from almost all industries.
The key players analyzed in the global metal stamping market are Magna International Inc., Alcoa Corporation, American Axle & Manufacturing Holdings, Inc., Interplex Holdings Pte. Ltd., Acro Metal Stamping Co., Tempco Manufacturing Company Inc., D&H Industries, Inc., American Industrial Company, Manor Tool & Manufacturing Company, Kenmode Precision Metal Stamping, Klesk Metal Stamping Co., Aro Metal Stamping Company, Inc., Goshen Stamping, LLC., Sertec Group Ltd., KOBAKIN (J) CO.,LTD., Harvey Vogel Manufacturing Co., Dongguan Shiyunjia Hardware Co., and Clow Stamping Company.
Browse in-depth Report on https://www.meticulousresearch.com/product/metal-stamping-market/
Key Topics Covered in This Report:
1. Introduction
2. Research Methodology
3. Executive Summary
4. Market Share Analysis
5. Market Insights
6. Global Metal Stamping Market, By Process
7. Global Metal Stamping Market, By Material
8. Global Metal Stamping Equipment Market, By Application
9. Geographic Analysis
10. Competitive Landscape
11. Company Profiles
(Business Overview, Financial Performance, Product& Service Portfolio, and Recent Developments)
12. Appendix.
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Browse in-depth report @ https://www.meticulousresearch.com/product/flexible-packaging-market/
About Meticulous Research®
Meticulous Research® is founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.
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Meticulous Research
Khushal Bombe
sales@meticulousresearch.com
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