Metal Stamping Market Report

Metal Stamping Market Analysis By Process (Blanking, Embossing, Bending, Coining, Flanging), By Application (Automotive, Industrial Machinery, Consumer Electronics), And Segment Forecasts, 2014 - 2025

Published: September 2017  |  98 Pages  |  Format: PDF  |  Report ID: 978-1-68038-615-8

Industry Insights

The global metal stamping market size was estimated at USD 204.60 billion in 2016. The increasing utilization of sheet metal in automotive industry and consumer electronics is expected to drive the demand for stamping as it is used in manufacturing automotive chassis, transmission components, and interior & exterior structural components of electronics.

Excess supply of metal such as steel has led to the decrease in the prices in the recent past. In addition, European economic crisis had a massive impact on prices. As a result, lower raw material prices is expected to complement the use of lightweight corrosion resistive metal to enhance the stability of the consumer electronics and electrical & electronic products.

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

U.S. metal stamping market

Technological innovations in the form of improved stamping processes have seen commercial usage in the recent past. In addition, regulatory policies aimed at improving working conditions & safety standards, waste disposal, and materials usage are imperative for shaping growth & sustainability strategies of the stamping companies over the forecast period.

The industry is influenced by consumption patterns in industries such as consumer appliances, telecommunications, and automotive. These industries have traditionally been dependent on metals such as steel, aluminum, cast iron, and titanium for the manufacturing of equipment, machinery, and tools.

Industrial machinery and assembly equipment are made of high strength & durable metal sheets. This industrial machinery segment is highly dependent on precision stamping as components of the machinery have to be shaped into desired geometrics which is expected to drive the industry over the forecast period.

The growing use of polymers in the automotive industry is expected to hamper the industry over the forecast period. Shifting trend of replacing metals with composites and polymers in order to decrease the weight of the vehicle and, in turn, increasing the fuel efficiency is expected to restrain the market growth.

Process Insights

Blanking is an integral part of the automobile manufacturing chain and is expected to witness increased demand over the forecast period owing to its precise and superior stamping ability. Growing use of blanking in the automobile industry, owing to its ability to cater to mass production lines, is expected to aid metal stamping growth over the forecast period.

Embossing is widely used across multiple industries for engraving and metal printing applications; thus, embossing market is estimated to witness rapid growth in the near future. Furthermore, with the global economic revival fueling higher demand for metals, embossing and other processes are projected to witness growth at a brisk rate over the forecast period.

Bending market is expected to grow at a CAGR of 4.4% over the forecast period. The presence of several bending techniques include air bending, bottom bending, three-point bending, and folding has led its use in manufacturing components of vehicles and industrial machinery as it ensures stability and durability, which is expected to drive growth. 

Application Insights

Metal stamping in automotive application accounted for 37.4% of the overall revenue share in 2016. Automotive is the leading application market for metal stamping industry as key automotive components such as chassis, engine, transmission parts, under the hood, and exterior structural panels are manufactured using sheet metal.

Industrial machinery is expected to grow at a CAGR of 5.3% over the forecast period. The growing demand for machinery and automation to enhance the operating precision is expected to have a positive impact on the machinery market, which in turn, expected to drive the demand for stamped parts used in the manufacturing of machines.

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

Global metal stamping market

Consumer electronics is expected to emerge as the fastest growing application segment for stamped parts on account of the growing utilization of lightweight components to improve the durability of electronics. Metal parts are used for manufacturing antennas and the outer body of telecom products which in turn is expected to drive industry.

Regional Insights

Asia Pacific was the largest stamping market, accounting for 34.8% of the global revenue in 2016. The region is expected to dominate the industry over the forecast period owing to increasing infrastructural activities, particularly in China and India. Growing automotive sector in the region is expected to drive the industry over the forecast period.

Rising capital investments by oil & gas companies in exploration activities, deep-water projects, and refining base expansion, particularly in India, Indonesia, and Malaysia, are factors expected to propel market growth. Europe accounted for the third-largest market share in 2016 owing to large scale use of stamping processes in construction activities over the past few years.

Growing demand for stamping from automotive, aerospace, aircraft, and defense industries and presence of major automobile manufacturers in countries such as the U.S., U.K. Germany, Sweden, and Italy is expected to boost industry revenue in North America and Europe.

Competitive Insights

The companies in the industry are highly competitive with the presence of local as well as global market players and compete on the basis of services and customized products. The local players provide personalized customization services to its clients as well as standardized products to the major industrial machinery producers and automotive OEMs.

The U.S. is expected to remain the dominant market for stamping. The countries such India and China are expected to have highest growth rate on account of growing industrialization coupled with infrastructure development in the region. Furthermore, increasing R&D investments by government in the countries is expected to aid market growth.

Report Scope

Attribute

Details

Base year for estimation

2016

Actual estimates/Historical data

2014 - 2016

Forecast period

2017 - 2025

Market representation                                                

Revenue in USD Billion and CAGR from 2017 to 2025

Regional scope

North America, Europe, Asia Pacific, Central & South America, Middle East & Africa

Country scope

U.S., Germany, U.K., Italy, China, India, Japan

Report coverage             

Revenue forecast, company share, competitive landscape, growth factors and trends

15% free customization scope (equivalent to 5 analyst working days)

If you need specific market information, which is not currently within the scope of the report, we will provide it to you as a part of customization


Segments covered in the report

This report forecasts revenue growth at global, regional & country levels and provides an analysis on the industry trends in each of the sub-segments from 2014 to 2025. For the purpose of this study, Grand View Research has segmented the global metal stamping market on the basis of process, application and region:

  • Process Outlook (Revenue, USD Billion, 2014 - 2025)

    • Blanking

    • Embossing

    • Bending

    • Coining

    • Flanging

    • Others

  • Application Outlook (Revenue, USD Billion, 2014 - 2025)

    • Automotive

    • Industrial Machinery

    • Consumer Electronics

    • Aerospace

    • Electrical & Electronics

    • Telecommunications

    • Others

  • Regional Outlook (Revenue, USD Billion, 2014 - 2025)

    • North America

      • U.S.

    • Europe

      • Germany

      • U.K.

      • Italy

    • Asia Pacific

      • China

      • India

      • Japan

    • Central & South America

    • Middle East & Africa

Key questions answered by the report
Request for Customization

Choose License Type:

Single User - $4,950
Multi User - $7,950
Enterprise User - $9,950

Special Pricing & Discounts

Avail customized purchase options to meet your research needs:

  • Buy sections of this report
  • Buy country level reports
  • Request for historical data
  • Request discounts available for Start-Ups & Universities

Why Choose Us

  • Research support

    24/5 Research support

    Get your queries resolved from an industry expert. Request for a free product review before report purchase.

  • Custom research service

    Custom research service

    Speak to the report author to design an exclusive study to serve your research needs.

  • Quality assurance

    Quality assurance

    A testimonial for service excellence represented in the form of BBB "A" Accreditation.

  • BBB Rating dandb
  • Information security

    Information security

    Your personal and confidential information is safe and secure.

  • BOA