Report Code: A08238 | Pages: NA | Mar 2023 | 862 Views | ||
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Metal Stamping Market
Request Now !Metal stamping is the industrial process of converting flat metal sheets into specific shapes. This process uses stamping press and number of metal forming techniques like blanking, punching, piercing and bending, for transforming metal sheets into the desired shapes. These metal sheets are mostly used in the automotive industries and large machineries. Metal stamping is categorized into mechanical, hydraulic and servo. The mechanical stamping press uses the pressure from motor driven flywheels. The hydraulic stamping press uses the water pressure for applying force to the material while the mechanical servo uses high capacity motors instead of flywheels. Further, metal stamping process is divided into various types on the basis of their operations i.e. progressive die stamping, transfer die, four-slide and fine blanking stamping.
Covid-19 Scenario Analysis:
An increasing demand for the metal sheets across consumer electronics and automotive industries can act as a major growth driver for the metal stamping market. In automotive industries, increasing demand for the corrosion resistive metal stamping in the production of light motor vehicles has a positive impact on the growth of the metal stamping market. An increasing demand for the smart phones has fueled the demand for metal stamping process in the electronics industry, as metal stamping is used in the manufacturing of mobile antennas, camera lens and other such features. In Asia-Pacific region, China and India are the major consumers of e flat metal sheets, as there is a massive growth in the production of electronic parts and automobiles. The increasing production in the electric vehicles has created demand for the metal sheets, which in turn can boost the growth of the metal stamping market. Moreover, the government initiative for providing electric car subsidies to the manufacturers is likely to boost the growth of the metal stamping market. However the substitute of metal like polymers and carbon fibers, can hamper the growth of metal stamping market. On the contrary, the increasing production of light motor vehicles in the automotive sector can provide new pathways to the metal stamping market.
The launch of new generation technologically advanced products can boost the growth of the market. In the past few years, many such products having unique features were launched in the market. In November 2018, Schuler, one of the leading metal stamping companies in Germany has launched a new product MC 125. This product offers smart functions to the medium and small sized companies (MSME). The stamping press exerts a force of 500 tons, which is suitable for the production of desired shaped metal parts. These metal parts are not only used in automotive and electronics industries but also can be used in construction industry and home appliances.
Now a days there is a high demand for the metal stamping in the consumer electronics and automotive sector. The metal stamping is done using various techniques like progressive metal stamping, deep-draw metal stamping, four-slide metal stamping and short run metal stamping. The deep-draw metal stamping process is used in industries like electrical & electronics, aerospace, and others. In electrical & electronics, the metal stamping process is used in making the electrical relays. Further, in the production of the smartphones metal stamping process is used in the camera lens, exterior body and other such components. In automotive industries, deep draw metal stamping process is used in making the body of light motor vehicles. Other applications include in the complicated parts of utensils and cookware, and in manufacturing of aircraft in the aerospace industry.
Key benefits of the report:
Metal Stamping Market: Global opportunity analysis and industry forecast, 2020-2027 Report Highlights
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Key Market Players | Alcoa Corporation, Kenmode Precision Metal Stamping, Lindy Manufacturing Co., Acro Metal Stamping, Manor Tool and Manufacturing Company, D&H Industries, Klesk Metal Stamping, Inc., HTT Inc., Brandauer, Nelson-Miller, Thyssenkrupp, American Axle & Manufacturing. |
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