Forging and Stamping market includes establishments engaged in manufacturing forgings from purchased metals, metal custom roll forming products, metal stamped and spun products, and powder metallurgy products.
Forging and Stamping Global Market Size
The global forging and stamping market was valued at $65.9 billion in 2017. Asia Pacific was the largest geographic region accounting for $36.9 billion or 56.0% of the global market. China was the largest country accounting for $20.1 billion or 30.0% of the global forging and stamping market.
Forging and Stamping Global Market Trend
Robotic automation systems are one of the major trends in metals stamping industry. Robotic automation systems are being implemented by the companies to improve safety and quality, reduce costs, and increase productivity. FANUC, Motoman, KUKA and ABB are the major suppliers of Robotic automation systems.
The companies covered are Magna International, ThyssenKrupp, Martinrea International, Harvey Vogel Manufacturing, and Alcoa.
The countries covered are USA, China, Germany, Brazil, Japan, UK, Spain, Russia, France, Australia, Italy, India and rest of the world.
Forging and Stamping Global Market Segmentation
The forging and stamping market is segmented into Iron And Steel Forging; Nonferrous Forging; Custom Roll Forming; Powder Metallurgy Part Manufacturing; Metal Crown, Closure, And Other Metal Stamping.
Iron And Steel Forging comprises establishments making iron and steel forgings and further manufacturing (e.g., machining, assembling) a specific manufactured product are classified in the industry of the finished product.
Nonferrous Forging comprises establishments primarily engaged in manufacturing nonferrous forgings from purchased nonferrous metals by hammering mill shapes. Establishments making nonferrous forgings and further manufacturing (e.g., machining, assembling) a specific manufactured product are classified in the industry of the finished product. Nonferrous forging establishments may perform surface finishing operations, such as cleaning and deburring, on the forgings they manufacture.
Custom Roll Forming comprises establishments primarily engaged in custom roll forming metal products by use of rotary motion of rolls with various contours to bend or shape the products.
Powder Metallurgy Part Manufacturing comprises establishments primarily engaged in manufacturing powder metallurgy products using any of the various powder metallurgy processing techniques, such as pressing and sintering or metal injection molding. Establishments in this industry generally make a wide range of parts on a job or order basis.
Metal Crown, Closure, And Other Metal Stamping comprises establishments primarily engaged in (1) stamping metal crowns and closures, such as bottle caps and home canning lids and rings, and/or (2) manufacturing other unfinished metal stampings and spinning unfinished metal products (except automotive and coins).