Metal Stamping Market by End-user and Geography - Forecast and Analysis 2021-2025

  • Published: Sep 2021
  • Pages: 120
  • SKU: IRTNTR45069
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The metal stamping market has the potential to grow by USD 25.62 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 3.54%.

This metal stamping market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by end-user (automotive, industrial machinery, consumer electronics, aerospace and defense, and others) and geography (APAC, Europe, North America, South America, and MEA). The metal stamping market report also offers information on several market vendors, including American Axle & Manufacturing Inc., American Industrial Co., CIE Automotive SA, Kenmode Precision Metal Stamping Co., Klesk Metal Stamping Co., Magna International Inc., Nelson-Miller Inc., Tempco Manufacturing Co. Inc., thyssenkrupp AG, and Wiegel Tool Works Inc. among others.

What will the Metal Stamping Market Size be in 2021?

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Metal Stamping Market: Key Drivers and Trends

Based on our research output, there has been a neutral impact on the market growth during and post COVID-19 era. The benefits associated with precision metal stamping is notably driving the metal stamping market growth, although factors such as fluctuation in metal prices may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the metal stamping industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

  • Metal stamping enables the quick and cost-efficient production of precision metal parts, required in many end-user industries.
  • It is an automated process that reduces labor costs, especially as production volumes increase.
  • It offers a high degree of design flexibility to define and implement small features with tight tolerance and unique configurations.
  • As a result of these benefits, the demand for metal stamping is increasing rapidly among end-user sectors.
  • The emergence of 3D printing and additive fabrication is one of the key metal stamping market trends that has been gaining traction.
  • The popularity of additive manufacturing and 3D printing is growing because the technology can produce complex shapes that may not be possible with traditional casting and machining methods.
  • Additive manufacturing can optimize material use and reduce wastage. Additive fabrication technology used to create 3D designs is also cost-effective as it eliminates certain manufacturing processes, which otherwise would require heavy investment. 

This metal stamping market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

Who are the Major Metal Stamping Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • American Axle & Manufacturing Inc.
  • American Industrial Co.
  • CIE Automotive SA
  • Kenmode Precision Metal Stamping Co.
  • Klesk Metal Stamping Co.
  • Magna International Inc.
  • Nelson-Miller Inc.
  • Tempco Manufacturing Co. Inc.
  • thyssenkrupp AG
  • Wiegel Tool Works Inc.

 

This statistical study of the metal stamping market encompasses successful business strategies deployed by the key vendors. The metal stamping market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The metal stamping market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Metal Stamping Market?

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45% of the market’s growth will originate from APAC during the forecast period. China, Japan, and South Korea (Republic of Korea) are the key markets for metal stamping in APAC. Market growth in APAC will be faster than the growth of the market in other regions.

The growth of the automotive manufacturing industry will facilitate the metal stamping market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

What are the Revenue-generating End-user Segments in the Metal Stamping Market?

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The metal stamping market share growth by the automotive segment will be significant during the forecast period. The automotive industry is the primary end-user of the market as stamped metal parts are deployed in almost every system of automotive vehicles, ranging from fuel delivery systems to airbag components of a vehicle. Some of the generally used stamped parts in the automotive industry include bus bars, terminals, electrical contacts, inserts for plastic moldings, brackets, lead frames, battery cable connectors, shields, clips, and press-fit pins. Factors such as the increasing demand for passenger cars, growing preference for electric vehicles/hybrids over internal combustion engines (ICE), and rising adoption of hot stamping technology are expected to drive the demand for metal stamping parts in the automotive industry during the forecast period. 

This report provides an accurate prediction of the contribution of all the segments to the growth of the metal stamping market size and actionable market insights on post COVID-19 impact on each segment.

 

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What are the Key Factors Covered in this Metal Stamping Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive metal stamping market growth during the next five years
  • Precise estimation of the metal stamping market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the metal stamping industry across APAC, Europe, North America, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of metal stamping market vendors

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Metal Stamping Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 3.54%

Market growth 2021-2025

$ 25.62 billion

Market structure

Fragmented

YoY growth (%)

3.21

Regional analysis

APAC, Europe, North America, South America, and MEA

Performing market contribution

APAC at 45%

Key consumer countries

China, US, Japan, Germany, and South Korea (Republic of Korea)

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

American Axle & Manufacturing Inc., American Industrial Co., CIE Automotive SA, Kenmode Precision Metal Stamping Co., Klesk Metal Stamping Co., Magna International Inc., Nelson-Miller Inc., Tempco Manufacturing Co. Inc., thyssenkrupp AG, and Wiegel Tool Works Inc.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The metal stamping market growth will increase by $28.41 billion during 2019-2024.
The metal stamping market is expected to grow at a CAGR of 3.83% during 2019-2024.
Technavio has segmented the metal stamping market by end user (Automotive, Industrial machinery, Consumer electronics, Aerospace and defense, and Others) and geographic (APAC, Europe, North America, South America, and MEA).
American Axle & Manufacturing Inc., American Industrial Co., CIE Automotive SA, Kenmode Precision Metal Stamping Co., Klesk Metal Stamping Co., Magna International Inc., Nelson-Miller Inc., Tempco Manufacturing Co. Inc., thyssenkrupp AG, Wiegel Tool Works Inc. are a few of the key vendors in the metal stamping market.
APAC will register the highest growth rate of 39.88% among the other regions. Therefore, the metal stamping market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
  • China
  • Germany
  • Japan
  • US
  • South Korea (Republic of Korea)
The key factors driving the metal stamping market growth are:
  • Increasing demand from APAC
  • Growing focus on renewable energy
The metal stamping market vendors should focus on grabbing business opportunities from the automotive segment as it accounted for the largest market share in the base year.
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