Press release
Global Metal Stamping Market 2016 Industry Research, Demand, Trends, Growth & Analysis 2020
Metal stamping refers to a metal forming process in which a metal sheet is punched or pressed by a die to form the desired metal shape. Punching or pressing process can be carried out manually or can be automated depending on the requirement. Metals such as steel, stainless steel, brass, aluminum, and copper are used in the metal stamping process. Stamped components are widely used in the Automotive, Engineering Machinery, Telecommunication, Consumer Electronics, Healthcare, Aerospace and Defense, and Electrical and Electronics industries.
Global Metal Stamping market to grow at a CAGR of 3.02 percent over the period 2014-2019.
The growth of the Global Metal Stamping market is highly dependent on the production and consumption of various metals worldwide. The increased need for metals in the Automotive, Transportation, Precision Engineering, and Aerospace industries has led to increased dependence on metal working and metal stamping tools.
“The increased need to provide quality products and the reduction in the overall weight of products have forced companies across industries to use non-ferrous materials as an alternative to ferrous materials,”.
“The increased use of non-ferrous materials for forming metal has led to an increase in demand for metal stamped products worldwide.”
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Covered in this Report
This report covers the present scenario and the growth prospects of the Global Metal Stamping market for the period 2015-2019. To calculate the market size, the report considers the revenue generated from the sales of metal stampings. The Global Metal Stamping market can be segmented into three products segments: Motor Vehicle Stamping, Job Stamping, and Others.
Global Metal Stamping Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the APAC and EMEA regions; it also covers the Global Metal Stamping market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
Key Market Drivers
Increased Demand from Automotive Industry
Low-cost Method of Metal Forming
Increased Demand for Metal Components
Increase in Outsourcing of Stamping
Key Market Trends
Emergence of Next Generation Metal Stamping
Replacement of Ferrous Materials with Non-ferrous Materials
Increase in Mergers and Acquisitions
Key Market Vendors
Alcoa Inc.
American Axle & Manufacturing Holdings Inc.
Magna International Inc.
ThyssenKrupp AG
To define the market circumstances in the next 3-4 years, Our analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
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