Forging and Stamping include establishments engaged in manufacturing forgings from purchased metals, metal custom roll forming products, metal stamped and spun products, and powder metallurgy products.
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. And China was the largest country accounting for $20.1 billion or 30.0% of the global forging and stamping market.
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.
Companies Covered: Magna International, ThyssenKrupp, Martinrea International, Harvey Vogel Manufacturing, Alcoa
Market Segments Included: Iron And Steel Forging, Nonferrous Forging, Custom Roll Forming, Powder Metallurgy Part Manufacturing, Metal Crown, Closure, And Other Metal Stamping
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