Metal Stamping Market: Overview
Metalstamping is the process of using stamping presses, i.e. machinery fitted withdies, to provide three-dimensional shapes to sheet metals such as stainlesssteel, aluminum, zinc, and copper. These shaped metals are then used in variousbig and small products, ranging from pots and pans to automotive parts andlarge machineries. Metal stamping is an industrial process. It is replacingseveral existing metal forming processes such as die casting and forging due toadvantages such as low production costs owing to high production rate. Otherbenefits include creation of stronger and more durable products.
Metal Stamping Market: Key Segments
The globalmetal stamping market can be segmented based on type of machine,application, end-user industry, and region.
Stampingmachines or presses occupy considerable floor space in a factory. Its basicoperation is to ram a metal die arm downwards toward a lower die with the aimand force of shaping, cutting, or working on a metal sheet. The poweringmechanism of the machine depends upon the type of the machine. Essentially,metal stamping presses can be mechanical, hydraulic, or servo. Mechanicalstamping press operates on motor-driven flywheels, while hydraulic press useswater pressure. Customized servo motors are also used to power stampingpresses.
Metal Stamping Market: Drivers &Restraints
Metalstamping is carried out using various functions such as blanking, punching,metal tooling, coining, embossing, and deep drawing. The production of metalshape can involve one, several, or all of the functions.
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Blankingis a task, wherein a metal workpiece is removed from the primary metal sheet byramming the die arm into the metal sheet. The removed piece of metal can eitherbe a new workpiece or a blank. Similarly, the punching process is used to punchholes of required size, shape, quantity, and design into metal sheets. Blanksas well as metals removed to make holes can be recycled into other products.
Metaltooling involves several steps to produce metal components according tocustomized specifications of clients. Production can also be assisted bysoftware in case of extreme precision requirements. Deep drawing is anotherprocess, wherein software, in the form of CAD/CAM computer generated drawing,is used to manufacture three-dimensional objects. Embossing is the process usedto stamp a design into the metal from the back, resulting in a raised patternon the front of the piece. Coining is a pressing task to stamp intricatedetails into the metal sheet. Other functions include shaving, trimming,forming, and swaging.
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Metal Stamping Market: Regional Outlook
Thesetasks lead to the manufacture of products used in various industries such astransportation, electrical & electronics, consumer goods,telecommunication, and industrial machinery. In terms of region, the metalstamping market can be segmented into North America, Latin America, Europe,Asia Pacific, and Middle East & Africa. The metal stamping market isdirectly affected by the amount of manufacturing that takes place in a regionor country. Asia Pacific is a hub for metal stamping.
Metal Stamping Market: Key Players
Largenumbers of companies provide metal stamping services. These are spread acrossvarious regions and have varying degrees of reach and expertise. Major metalstamping market include HTT Inc., Brandauer, Nelson-Miller, Alcoa,Thyssenkrupp, and American Axle & Manufacturing.
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