Global Metal
Stamping Market
Share, Global Trends,
Analysis, Research, Report,
Opportunities,
Segmentation and
Forecast,
2015
Future Market Insights
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Report
Description
Report Description
The rising competition in the automotive industry has led to the growth in demand for the
global metal stamping market. In global metal stamping market, the desired shape of the
metal is achieved by pressing or punching process with the help of stamping dies. The
process of punching or the application of pressure can be done either manually or
mechanically as per the requirement. Metals predominantly used in the global metal
stamping market are aluminium, steel, brass, copper and stainless steel. Global metal
stamping market is expected to grow with a single digit compound annual growth rate
during the forecast period.
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Metal Stamping Market: Drivers & Restraints
The increasing technological advancement and development in the automotive industry is
the major driving force for the growth of global metal stamping market. In case of an
automobile, global metal stamping market finds its usage in side panels, brackets,
bonnets, roofs, hangers, etc. The growing demand in consumer electronics, aerospace,
electrical & electronics, engineering machinery, defence and telecommunication are some
of the other driving factors for the growth of global metal stamping market. The evolution
of metal stamping of next generation has generated a dynamic pull for the growth of
global metal stamping market. In this, the usage of dies is optional thus it saves time and
optimises the cost for the company. The increasing usage of other processes specially
casting and forging during the formation of metal as they produce quality products and
also have the flexibility in being used in the formation of heavy metals and...