Metal Stamping Market to 2019 Demand from Automotive Industry Drives the Growth Says a Research Report at ReportsnReports.com
Dallas,TX (PRWEB) December 13, 2014 -- With the increasing demand from the automotive industry, the global metal stamping market is growing at a steady pace. In the metal stamping process, a metal sheet is pressed or punched by a die to form the required metal shape. The process of punching or pressing is either done manually or is automated. The global metal stamping market is expected to grow at a compound annual growth rate of 3.02% during the period from 2014 to 2019.With the increasing use of metals in various fields such as transportation, aerospace, automotive and precision engineering, the demand for metal working and metal stamping tools have also increased. This will in turn increase the growth of the global market. Some of the key drivers in the market are increased demand for metal components, low-cost method of metal forming, and increase in outsourcing of stamping.
Key players in the global metal stamping market are Alcoa Inc., ThyssenKrupp AG, American Axle & Manufacturing Holdings, and Magna International. Other prominent vendors in the market are Amtek Engineering, Chrysler Group, Harvey Vogel Manufacturing, Micro Stamping Corporation, BMW AG, Martinrea International, Toyota, Volkswagen, Whirlpool, Tower International, Boeing, General Motors, Ford Motor Company, Fiat, and Shiloh Industries. Some of the emerging trends in the global metal forming market are increase in mergers and acquisitions in the industry, emergence of next generation metal stamping, and replacement of ferrous materials with non-ferrous materials. However, the biggest challenge to the growth of the market is the increased usage of forging and casting processes for metal forming.
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Different types of metals such as copper, steel, brass and aluminum are used in the metal stamping process. The global metal stamping market can be segmented on the basis of product type and geographical regions. On the basis of product type, the global market for metal stamping can be segmented into vehicle stamping, job stamping and others. The increased use of non-ferrous materials for forming metals has led to an increase in demand for metal stamped products.
The report Global Metal Stamping Market 2015-2019 is an in-depth and professional report which covers market scenario, market size and forecast, product offerings, growth prospects, drivers and their impact, key trends, opportunities, challenges, key vendors, and strengths and weaknesses of key vendors.
List of Exhibits:
Exhibit 1: Market Research Methodology
Exhibit 2: Fabricated Metal Industry Overview
Exhibit 3: Metals and its Types
Exhibit 4: Global Metal Stamping Market 2014-2019 (US$ billion)
Exhibit 5: Global Metal Stamping Market by Product Segmentation 2014-2019
Exhibit 6: Global Motor Vehicle Stamping Market 2014-2019 (US$ billion)
Exhibit 7: Production of Cars by Key Leading Countries in Americas 2009-2013
Exhibit 8: Production of Commercial Vehicles by Key Leading Countries in Americas 2009-2013
Exhibit 9: Production of Cars by Key Leading Countries in EMEA Region 2009-2013
Exhibit 10: Production of Commercial Vehicles by Key Leading Countries in EMEA Region 2009-2013
Exhibit 11: Production of Cars by Key Leading Countries in APAC Region 2009-2013
Exhibit 12: Production of Commercial Vehicles by Key Leading Countries in APAC Region 2009-2013
Exhibit 13: Global Job Stamping Market 2014-2019 (US$ billion)
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Ritesh Tiwari, ReportsnReports.com, http://www.reportsnreports.com/, +1 (888) 391-5441, [email protected]
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