April 6, 2021 11:56 PM PDT
The global metal stamping market grew at a CAGR of around 3% during
2014-2019. Metal stamping can be defined as the process of using
stamping presses to convert flat metal sheets into desired shapes. The
process involves various complex metal forming techniques, such as
blanking, punching, bending and piercing. Some of the most common types
of metal stamping machines include mechanical, hydraulic and mechanical
servo machines that are fitted with multiple dies to cut and shape the
sheets of stainless steel and metals, such as aluminum, zinc and copper.
In comparison to the traditionally used metal forming processes, these
machines have lower production costs and can create large quantities of
identical metal components at the same time.To get more news about [url=https://www.tenral.com]stamping parts china[/url], you can visit tenral.com official website.
A
significant increase in the production rate of consumer electronics is
one of the key factors driving the growth of the market. Metal stamping
is used for producing metal frames that are used in mobile phones,
headphones, speakers, gamepads and controllers. Furthermore, widespread
adoption of the bending process across industries to improve the
stability, durability and quality of the products is also providing a
boost to the market growth. For instance, metal stamping is widely
utilized in the aerospace industry to manufacture frames and channels
that are used in ultra-lightweight aircraft.
Additionally, the
development of technologically advanced stamping methods, such as the
computer-aided design (CAD) processes, is acting as another
growth-inducing factor. These advancements enable the shaping of metal
parts through highly precise and accurate computer-generated drawings.
Other factors, including rapid industrialization, the advent of 3D
printing technology and additive fabrication, and extensive research and
development (R&D) activities, are projected to drive the market
further. Looking forward, the publisher expects the market to witness
stable growth during the forecast period (2020-2025).
The global metal stamping market grew at a CAGR of around 3% during
2014-2019. Metal stamping can be defined as the process of using
stamping presses to convert flat metal sheets into desired shapes. The
process involves various complex metal forming techniques, such as
blanking, punching, bending and piercing. Some of the most common types
of metal stamping machines include mechanical, hydraulic and mechanical
servo machines that are fitted with multiple dies to cut and shape the
sheets of stainless steel and metals, such as aluminum, zinc and copper.
In comparison to the traditionally used metal forming processes, these
machines have lower production costs and can create large quantities of
identical metal components at the same time.To get more news about [url=https://www.tenral.com]stamping parts china[/url], you can visit tenral.com official website.
A
significant increase in the production rate of consumer electronics is
one of the key factors driving the growth of the market. Metal stamping
is used for producing metal frames that are used in mobile phones,
headphones, speakers, gamepads and controllers. Furthermore, widespread
adoption of the bending process across industries to improve the
stability, durability and quality of the products is also providing a
boost to the market growth. For instance, metal stamping is widely
utilized in the aerospace industry to manufacture frames and channels
that are used in ultra-lightweight aircraft.
Additionally, the
development of technologically advanced stamping methods, such as the
computer-aided design (CAD) processes, is acting as another
growth-inducing factor. These advancements enable the shaping of metal
parts through highly precise and accurate computer-generated drawings.
Other factors, including rapid industrialization, the advent of 3D
printing technology and additive fabrication, and extensive research and
development (R&D) activities, are projected to drive the market
further. Looking forward, the publisher expects the market to witness
stable growth during the forecast period (2020-2025).
