Insights on the Automotive Metal Stamping Global Market to 2025



The "Automotive Metal Stamping Market - Growth, Trends, and Forecasts (2020 - 2025)" report has been added offering.The automotive metal stamping market is anticipated to register a CAGR of over 3% during the forecast period, 2020-2025.To get more news about automotive metal stamping parts manufacturers, you can visit tenral.com official website.

The growth in the automotive metal stamping market can be attributed to the increasing demand in the automotive industry and the reducing manufacturing costs, by converting sheet metal into shapes and sizes based on requirements. It also helps in growing fuel efficiency in the automotive industry.The increasing use of sheet metal for the production of automobile chassis, transmission components, and interior and exterior structural components, is expected to drive the market over the forecast period.
The growing competition in the automotive industry has led to a global increase in the demand for metal stamping. In the global metal stamping market, the sought shape of the metal is achieved by the blanking or punching process with the help of stamping dies.

Blanking process is a process in which a punch and a die are used to get a surface cut out of a metal sheet of the required shape and dimensions. It is achieved by first compressing the whole part, after which the upper and lower punch extract the blank. This allows the process to hold very tight tolerances, hence, eliminate secondary operations. Metals used in the global metal stamping market are copper, steel, brass, aluminum, and stainless steel.

The increased use of alloys, such as cast aluminum, cast iron, titanium, and forged steel still forms an essential part of automotive engines. Furthermore, technological improvements, including the use of hybrid electromagnetically supported sheet metal stamping machines, are expected to have a positive impact on the market growth.

Nowadays, in most of the manufacturing plants, the entire process of blanking is automated, it is monitored through computers and the data is available with the central server, which helps the operator in taking necessary decisions in critical situations. The amount of pressure applied is very important in this process. For automotive metal forming, the blank is often made of sheet metal, which can be stamped, cut or bent into a required shape for an automobile's body.