Global Metal Stamping Market

The stamped metal market consists of sales of stamped metal and related services for converting flat metal sheets into specific shapes that can be used in metal forming techniques such as blanking, punching, bending, and piercing. Stamped metal is a simple and cost-effective solution for high-volume manufacturing needs. The main process types in the stamped metal market are blanking, embossing, bending, coining, deep drawing, flanging, and other processes. Blanking is a metal production process during which a metal workpiece is removed from the primary metal strip when it is punched. The materials involved are steel, aluminum, copper, and other materials. The various applications involved are automotive, industrial machinery, consumer electronics, aerospace and aviation, electrical and electronics, telecommunications, medical devices, defense, and other applications. The stamped metal market research report is one of a series of new reports from The Business Research Company that provides stamped metal market statistics, including stamped metal industry global market size, regional shares, competitors with a stamped metal market share, detailed stamped metal market segments, market trends and opportunities, and any further data you may need to thrive in the stamped metal industry. This stamped metal market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global stamped metal market grew from $391.27 billion in 2021 to $421.5 billion in 2022 at a compound annual growth rate (CAGR) of 7.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The stamped metal market is expected to grow to $548.48 billion in 2016 at a CAGR of 6.8%. An increase in demand for metal components in the aviation industry is projected to drive the stamped metal market. Aerospace manufacturers use stamped metal to meet the needs of many specifications. This technique allows manufacturers to create high-quality precision components that can comply with strict requirements. For example, Wiegel Tool Works has been a trusted manufacturer of metal stamped components for over 77 years for OEM and tier manufacturers in the aerospace industry. Fluctuations in metal prices are hindering the growth of the stamped metal market. More supply and less demand for commodities in the global market are causing fluctuations in the price of metals. For instance, according to the pioneer data for 2022, the current high prices of aluminium and nickel are at an average of $2200/t and $16500/t in 2021, with marginal deceleration in 2022. Iron ore prices increased by nearly 25% in the first quarter of 2021, owing primarily to unabated Chinese demand. Therefore, fluctuations in metal pricing are restricting the stamped metal market’s growth. Automation in the stamped metal industry is a key trend driving the growth of the stamped metal market. Automation in the stamped metal industry increases production at lower rates by using advanced technology such as laser cutting, which allows extremely high accuracy and improved output speed. The use of robotics or automated systems for repeat activities decreases the necessary manpower in the stamped metal industry as the robots can perform a number of processes, such as bending and cutting. North America is expected to grow further in the automation of the stamped metal industry in 2022 due to the existence of major players such as Kenmode Precision Metal and Wisconsin Metal Parts in the region. In October 2019, MPI Corporation acquired Precision Stampings, Inc. for an undisclosed amount through Woodbridge International, a global mergers and acquisitions firm. The acquisition of Precision Stampings, Inc. was aimed at strengthening MPI Corporation, a US-based company, in the manufacturing of medical, automotive, electronics, military, computer, and hardware industries. Precision Stampings, Inc., a US-based company, specialises in manufacturing stamped metals. Major players in the stamped metal market are Alcoa, Inc, Manor Tool & Manufacturing Company, Acro Stamped Metal, Kenmode Precision Stamped Metal, Clow Stamping Company, Aro Stamped Metal Company, Inc, D&H Industries, Lindy Manufacturing Co, American Axle & Manufacturing, and Nelson-Miller. Asia Pacific was the largest region in the stamped metal market in 2021. Western Europe was the second largest region in the stamped metal market. The regions covered in the stamped metal market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the stamped metal market report are Brazil, China, France, Germany, India, Indonesia, Japan, South Korea, Russia, UK, USA and Australia. The global stamped metal market is segmented - 1) By Process: Blanking, Embossing, Bending, Coining, Deep Drawing, Flanging, Other Processed 2) By Material: Steel, Aluminum, Copper, Other Materials 3) By Application: Automotive, Industrial Machinery, Consumer Electronics, Aerospace and Aviation, Electricals and Electronics, Telecommunications, Medical Devices, Defense, Other Applications

The digital servo press market consists of sales of digital servo press machines by entities (organizations, sole traders, and partnerships) that are used to make metal sheets with low formability. The digital servo press machine includes signal amplifiers, active motor cooling, controller, and software. It is powered by the servo motor or by a gearbox. It is also used for deeper drawing or difficult drawing. The main motor types in digital servo press are continuous rotation, linear rotation, and positional rotation. Continuous rotation servo motor can rotate in any direction indefinitely. These motors are commonly used in radar dishes. The machine comes with various force ranges such as less than 100KN, 100kn-200KN, more than 200KN and is used in different applications including automotive, electronics, aerospace, others. The global digital servo press market size is expected to grow from $1.94 billion in 2021 to $2.24 billion in 2022 at a compound annual growth rate (CAGR) of 15.5%. The global digital servo press market is then expected to grow to $3.54 billion in 2026 at a CAGR of 12.1%. The increasing demand from the automotive industry is significantly contributing to the growth of the digital servo press market. The automotive industry includes the companies involved in designing and manufacturing motor vehicles and their components such as bodies and engines. In the automobile sector, digital servo press machines are utilized in the high-volume manufacture and assembly of vehicle parts. For instance, according to the India Brand Equity Foundation, domestic automobile production reached 26.36 million units in 2020, with a 2.36% compound annual growth rate. Furthermore, according to LMC Automotive, an automotive industry information provider, globally over 111 million cars are expected to be sold by 2032. Therefore, the increase in demand from the automotive industry is driving the growth of the digital servo press market. Product innovations are shaping the digital servo press market. Major players in the digital servo press sector are focusing on product advancements to build more energy-efficient and high-speed digital servo press machines. For instance, in May 2021, AIDA Engineering Ltd., a Japan-based machine manufacturing company introduced a new 4000 kN 2-point servo press with an artificial intelligence learning feature that autonomously diagnoses the press's condition. Its key characteristics include greater speed, which, when paired with AIDA's factory automation, increases the press's overall productivity. In April 2020, AIDA Engineering Ltd., a Japan-based machine manufacturing company that provides servo press machines merged with Access Ltd for an undisclosed amount. With this merger deal, AIDA Engineering Ltd aimed to expand and strengthen its core businesses including the press business of factory automation products. Access Ltd. is a Japan-based technology company. Major players in the digital servo press market are JANOME Corporation, Promess Incorporated, Kistler Instruments India Pvt. Ltd., SINTOKOGIO Ltd, C&M Robotics Co. Ltd., AIDA Engineering Ltd., TOX PRESSOTECHNIK Ltd., THK Co. Ltd., IAI America Inc., FEC Ltd., Sanyo Machine Works Ltd., Stamtec Inc, Dai-ichi Dentsu Ltd., CORETEC Inc., and AMADA Press System Co. Ltd. Asia Pacific was the largest region in the digital servo press market in 2021. Asia Pacific is expected to be the fastest-growing region in the global digital servo press market during the forecast period. The regions covered in the global digital servo press market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the digital servo press market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The global digital servo press market is segmented - 1) By Motor Type: Continuous Rotation, Linear Rotation, Positional Rotation 2) By Force Range: Less than 100KN, 100KN-200KN, More than 200KN 3) By Application: Automotive, Electronics, Aerospace, Others

The shape memory alloys market consists of sales of shape memory alloys by entities (organizations, sole traders, and partnerships) that are used as functional materials in various fields due to their super elasticity property. Shape memory alloys are defined as metal alloys that remember their original shape and regain their shape when the deforming force is removed. They change their shape when exposed to heat. They possess high strength, good elasticity, and are lightweight. The main product types of shape memory alloys are sheets, wires, tubes, rods, and springs. Shape-memory alloy sheet is an alloy that "remembers" its previous shape and returns to it when heated after being distorted. The various materials used are nickel-titanium, copper-based, iron-based, silver-based, gold-based, and cobalt-based. The end-use industry includes biomedical, aerospace and defense, automotive, consumer electronics, and home appliances. The shape memory alloys market research report is one of a series of new reports from The Business Research Company that provides shape memory alloys market statistics, including shape memory alloys industry global market size, regional shares, competitors with a shape memory alloys market share, detailed shape memory alloys market segments, market trends and opportunities, and any further data you may need to thrive in the shape memory alloys industry. This shape memory alloys market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global shape memory alloys market size is expected to grow from $10.35 billion in 2021 to $11.57 billion in 2022 at a compound annual growth rate (CAGR) of 11.8%. The global shape memory alloy market size is expected to grow to $18.16 billion in 2026 at a CAGR of 11.9%. The rapidly growing aerospace and defense industry is significantly contributing to the growth of the shape memory alloys market. The aerospace and defense industry is involved in designing, manufacturing, and developing advanced space systems, aircraft, and defense capabilities. Shape memory alloys have an elastic modulus and a degree of strength enough for parts, structural members, and complexity of a system making it light and highly reliable it can reduce drag throughout the flight and improve overall performance offering direct benefits for passengers. The growing aerospace and defense sector due to demand for advanced infrastructure will propel the use of shape memory alloys. For instance, according to India Brand Equity Foundation, the aerospace and defense sector will reach $70 billion by 2030 due to demand for advanced infrastructure. Therefore, the rapidly growing aerospace and defense industry will promote the growth of the shape memory alloys market. Strategic partnerships and collaborations are the key trends gaining popularity in the shape memory alloys market. Major players operating in the market are partnering and collaborating to develop a strong product portfolio and offer innovative products. For instance, in January 2021, Nextremity Solutions, a US-based company partnered with Fort Wayne Metals for a supply agreement of magnesium-based alloy to use in orthopedic implants. Through this partnership, Nextremity Solutions will develop an orthopedic product portfolio, regulatory clearance, research and development, and establish in-house manufacturing procedures to supply products by leveraging the benefits of Fort Wayne Metals’ materials. Fort Wayne Metals is a US-based company that develops shape memory alloys. In October 2019, Integer Holdings Corporation, a US-based medical device outsources manufacturing company acquired US BioDesign’s braided biomedical business for an amount of $15 million. Through this acquisition, Integer wants to be the leader in medical device outsourcing manufacturing by bringing complex braided biomedical structures and capabilities to accelerate the growth while better serving our customers globally. US BioDesign is a US-based company specializing in nitinol braiding. Nitinol is a shape memory alloy. Major players in the shape memory alloys market are SAES Getters S.p.A., Nippon Steel Corporation, Fort Wayne Metals Research Products Corp, Xi'an Saite Metal Materials Development Co. Ltd, Dynalloy Inc, ATI Specialty Alloys & Components, Furukawa Electric Co. Ltd., Baoji Seabird Metal Materials Co. Ltd., Metalwerks Inc., G.RAU GmbH & Co. KG, Admedes Schuessler GmbH, Memry Corporation, and Ingpuls GmbH. North America was the largest region in the shape memory alloys market in 2021. Asia pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the global shape memory alloy market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the shape memory alloys market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The global shape memory alloys market is segmented - 1) By Product Type: Sheets, Wires, Tubes, Rods, Springs 2) By Material: Nickel-Titanium, Copper-based, Iron-based, Silver-based, Gold-based, Cobalt-based 3) By End-Use Industry: Biomedical, Aerospace and Defense, Automotive, Consumer Electronics, Home Appliances

"The aluminum rolled products market consists of sales of aluminum rolled products by entities (organizations, sole traders, and partnerships) that are used for a wide range of applications and industries. Aluminum rolled products are manufactured by passing the aluminum billets or slabs between high-grade rollers, for reducing their overall thickness. The rollers are used to apply pressure on the top and bottom of the slab, till the desired thickness is attained. These aluminum plates or sheets can be further lengthened through cold and hot rolling processes. Aluminum rolled products are used in various industries due to their durable, high strength, and lightweight characteristics. The main products of aluminum rolled products are foil, plate and sheet. Aluminum plates are formed when the aluminum billets are passed between high-pressure rollers. They have a thickness of about 0.250” and above. Aluminum plates are often used for heavy-duty applications. The various grade of aluminum rolled products are 1xxx series, 3xxx series, 5xxx series and 6xxx Series and are used in automotive and transportation, building and infrastructure, packaging, consumer durables and others. The global aluminum rolled products market size is expected to grow from $47.88 billion in 2021 to $51.32 billion in 2022 at a compound annual growth rate (CAGR) of 7.19%. The growth in the market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The aluminum rolled product market is expected to reach $69.16 billion in 2026 at a CAGR of 7.74%. Rising demand from the automotive industry is expected to propel the growth of aluminum-rolled products. The automotive industry uses aluminum rolled products for the vehicle frame and body, wheels, electrical wiring, paint, lamps, transmission, air conditioner condenser, and pipes. As there is an increase in the demand for automotive it will drive the aluminum rolled products industry. For instance, according to Organisation Internationale des Constructeurs d'Automobiles (OICA) statistics, the global production of vehicles is 52,146,292 in 2020 and had increased to 57,262,777 in 2021. Therefore, the rising demand from the automotive segment drives the aluminum rolled products. Product innovations is a key trend gaining popularity in the aluminum rolled products market. Product innovation is the creation or introduction of a new good or launching the improved version of a previous good. For instance, in 2021, Novelis Inc, a US-based s producer of rolled aluminum, has introduced the generation II of its aluminum-intensive battery enclosure for electric vehicles. The advanced aluminum-sheet-intensive reduces the weight and cost of the battery and it offers higher pack energy density compared to other electric vehicle battery enclosures. The new aluminum-intensive battery enclosure with advanced cell-to-pack modular architecture offers a best-in-class frame mass efficiency of below 1.0 kg/Kwh and a 30% improvement in energy density. In April 2020, Hindalco Industries Limited, an India-based manufacturer of aluminum and copper, through its subsidiary Novelis, has acquired Aleris for a deal amount of USD 2.8 billion. Through this acquisition, Hindalco and Novelis aim at diversifying their metals downstream portfolio into the aerospace market. Aleris is a US-based manufacturer of aluminum rolled products for various industries including aerospace, building and construction, automotive, industrial manufacturing, and commercial transportation Major players in the aluminum rolled products market are Novelis Inc., Constellium SE, Arconic Rolled Products Corporation, Aleris Corp., Hulamin, Hindalco Industries, AMAG rolling, Alcoa Inc, Kaiser Aluminum Corp., JW Aluminum, Viohalco SA, Granges AB, Impol Aluminum Corp, Bharat Aluminium, Laminazione Sottile and Jindal Aluminium Limited. Asia Pacific was the largest region in the aluminium rolled products market in 2021. The regions covered in the aluminium rolled products market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the aluminum rolled products market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The global aluminum rolled products market is segmented - 1) By Product: Foil, Plate, Sheet 2) By Grade: 1xxx Series, 3xxx Series, 5xxx Series, 6xxx Series 3) By End-User: Automotive and Transportation, Building and Infrastructure, Packaging, Consumer Durables, Others"

The copper ore mining market consists of sales of copper ores and concentrates by entities (organizations, sole traders, and partnerships) that mine copper ores. The industry includes establishments carrying out activities such as developing mine sites and preparing copper ores and recovering copper concentrates through precipitation, leaching, and elector wining copper ores. The main types of copper ore mining are the refining industry, metal processing industry, chemical industry, and other types. The refining industry refers to an industry that produces and delivers oil and oil products. The mining type includes underground mining and surface mining. The global copper mining market size is expected to grow from $74.43 billion in 2021 to $77.28 billion in 2022 at a compound annual growth rate (CAGR) of 3.8%. The global copper mining market size is expected to grow to $79.65 billion in 2026 at a compound annual growth rate (CAGR) of 0.8%. The growth in the copper mining market is due to increasing construction projects in rapidly developing countries such as China and India, owing to the rising population and infrastructure. Population refers to the whole number of people or inhabitants in a country or region. Copper minerals and ores are found in both igneous and sedimentary rocks. For instance, in June 2022, according to Worldometer, a US-based reference website that provides counters and real-time statistics for diverse topics, the current population of China is 1,450,341,718. Therefore, the rising population is driving the growth of the copper mining market. Autonomous drilling systems are being implemented by the copper mining industry to enhance safety, efficiency, and productivity. This technology is being used to accurately identify drill locations and drill production blast holes more effectively using advanced levelling technologies. Major players in the copper ore mining market include Codelco, Glencore, BHP Billiton, Southern Copper, and Freeport. Asia-Pacific was the largest region in the global copper ore mining market in 2021. The regions covered in the copper ore mining market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the copper ore mining market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The global copper market is segmented - 1) By Type: Refining Industry, Metal Processing Industry, Chemical Industry, and Others 2) By Mining Type: Underground Mining, Surface Mining

The steel products market consists of sales of steel products by entities (organizations, sole traders and partnerships) that produce steel products iron and steel, shapes are drawn through rolling or drawing of purchased iron or steel and draw steel wire. The main types of steel products are rolled and drawn steel, iron and steel pipe and tube. The rolled and drawn steel refer refers to the steel that is rolled out in metal casting. The different product types include flat steel, long steel, tubular steel, steel pipes, and steel tubes and are used in construction, automotive, energy, packaging, and other applications. The global steel products market is expected to grow from $401.4 billion in 2021 to $434.27 billion in 2022 at a compound annual growth rate (CAGR) of 8.2%. The steel products market is expected to grow to $580.08 billion in 2026 at a CAGR of 7.5%. Rapidly growing urban populations are expected to drive the demand for steel products market in the forecast period. A large number of people living in rural areas are migrating to urban areas in search of a better life. This is expected to increase the need for housing and infrastructure. Infrastructure demand is expected to increase significantly in Asian countries such as China, India, Vietnam and the Philippines. According to the World Urbanization Prospects Report by the United Nations, 55% of the world’s population lived in urban areas and the rate is expected to rise to 68% by 2050. According to the World Bank, the urban population in South Asia grew by 130 million and is expected to grow to 250 million by 2030. The steel products market is being restrained by the increase in power tariffs. Globally, there are movements to increase the use of alternative sources of electric power such as solar, wind, and nuclear power. Initiatives by non-governmental organizations (NGOs), multilateral organizations and many governments to increase the production and use of alternative sources of power and other economic factors cause a increase in overall power tariffs affecting different industries. The steel goods industry is an energy-intensive industry, and a increase in the power tariffs increases the production costs, affecting the steel products market. Metal manufacturing companies are increasing R&D expenditure to launch new product lines. They are launching advanced products such as ultra-light alloys as opposed to commodities. For instance, according to the Ministry of Science and Technology, research and development report 2019-20, the national investment in R&D activities attained a level of Rs. 1,23,847.71 crore in 2019. Thus, the introduction of new product lines through increased R&D spending is a significant trend in the metal manufacturing industry. Major companies in the steel products market include Angang Steel Company Limited, Steel Authority of India Limited, SSAB AB, Nucor Corp, Compagnie de Saint-Gobain S.A, Nippon Steel & Sumitomo Metal Corporation, Kobe Steel Ltd, Vallourec SA, Voestalpine AG, and Mechel PAO. Asia Pacific was the largest region in the steel products market in 2021. Western Europe was the second-largest region in the steel products market. The regions covered in the steel products market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the steel products market include Argentina, Australia, Austria, Bangladesh, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Iran, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, Ukraine, USA, Vietnam. The global steel products market is segmented - 1) By Type: Rolled and Drawn Steel, Iron and Steel Pipe and Tube 2) By Product Type: Flat Steel, Long Steel, Tubular Steel, Steel Pipes, Steel Tubes 3) By Application: Construction, Automotive, Energy, Packaging, Others Subsegments Covered: Rolled Steel, Drawn Steel