Frankfort Online

Metal Stamping Market Size Worth $299.6 Billion By 2025 | CAGR: 4.3%: Grand View Research, Inc.

Metal Stamping Market Size Worth $299.6 Billion By 2025 | CAGR: 4.3%: Grand View Research, Inc.

Grand View Research, Inc. – Market Research And Consulting.
According to new report published by Grand View Research, The Global Metal Stamping Market size was estimated at USD 204.60 billion in 2016. The increasing use of sheet metal in application industries such as automotive, industrial machinery, and consumer electronics is expected to drive industry growth.

The Global Metal Stamping Market is expected to reach USD 299.6 billion by 2025, according to a new report by Grand View Research, Inc. The increasing use of sheet metal in application industries such as automotive, industrial machinery, and consumer electronics is expected to drive industry growth.

Rising number of fabricators in Asia Pacific region is expected to be a key driving factor for the industry. The increasing R&D investment by companies to improve efficiency and operational-ability of stamping machinery is expected to promote growth over the forecast period.

Metal prices have seen constant fluctuations in the past few decades. The growing demand from end-use industries as well as economic growth and its subsequent decline has resulted in volatility in the prices. However, the prices witnessed an overall downfall in the recent past which is expected to aid the use of metal and stamping processes.

The stamping industry is highly competitive with a presence of companies catering to local as well as global market. Players in the industry compete on the basis of service, customized products and expertise in the manufacturing of stamped parts and sign a long-term agreement with the OEMs to ensure constant demand.

Full Research Report on Global Metal Stamping Market Analysis: 
http://www.grandviewresearch.com/industry-analysis/metal-stamping-market

U.S. metal stamping market revenue, by process, 2014 – 2025 (USD Billion)

 

U.S. metal stamping market revenue, by process, 2014 - 2025 (USD Billion)

Further key findings from the report suggest:

  • Blanking is an integral part of the automobile manufacturing chain and is expected to witness significant growth in demand over the forecast period owing to its precise and superior blanking technologies introduced in the industry
  • The use of laser embossing for engraving patterns and dates on automotive components and on license plates is expected to augment the demand for the process and is projected to account for 22.2% by 2025
  • Metal stamping in automotive application to manufacture auto-body components such as tailgate, trunk lid, door, bonnet, and hood dominated the global market in 2016 and is expected to account for 33.2% of the overall revenue share in 2025
  • Consumer electronics is expected grow at a CAGR of 6.0% over the forecast period on account of the growing utilization of lightweight metal parts to enhance impact resistance of electronic components
  • Asia Pacific accounted for 34.8% of the overall revenue share in 2016 on account of the increased production of industrial machinery in Asian countries owing to favorable government initiatives to promote industrialization
  • Companies such as Alcoa have goodwill in the industry; which provides them with the leverage over the local manufacturers and has the ability to cater to the bulk requirements of the major players from application industries

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/hvac-and-construction-technologies

Global metal stamping market by application revenue, 2016 (%)

 

Global metal stamping market by application revenue, 2016 (%)

Grand View Research has segmented the Global Metal Stamping Market on the basis of process, application and region:

Metal Stamping Process Outlook (Revenue, USD Billion, 2014 – 2025)

  • Blanking
  • Embossing
  • Bending
  • Coining
  • Flanging
  • Others

Metal Stamping Application Outlook (Revenue, USD Billion, 2014 – 2025)

  • Automotive
  • Industrial Machinery
  • Consumer Electronics
  • Aerospace
  • Electrical & Electronics
  • Telecommunications
  • Others

Metal Stamping Regional Outlook (Revenue, USD Billion, 2014 – 2025)

  • North America
    • U.S.
  • Europe
    • Germany
    • U.K
  • Asia Pacific
    • China
    • India
    • Japan
  • Central & South America
  • Middle East & Africa

View press release of this research report by Grand View Research:
http://www.grandviewresearch.com/press-release/global-metal-stamping-market   

About Grand View Research 

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: www.grandviewresearch.com

Media Contact
Company Name: Grand View Research, Inc.
Contact Person: Sherry James, Corporate Sales Specialist – U.S.A.
Email: Send Email
Phone: 1-415-349-0058, Toll Free: 1-888-202-9519
Address:28 2nd Street, Suite 3036
City: San Francisco
State: California
Country: United States
Website: http://www.grandviewresearch.com/industry-analysis/metal-stamping-market