Metal Stamping and Fabrication Industry Report by Regional Category Spend, Price Analysis, Key Demand, and Price Indicators, and Best Buying Practices

The global Metal Stamping and Fabrication market reached a value of about USD 260 billion in 2021. The industry is projected to grow at a CAGR of around 5% in the forecast period of 2022-2027 to reach a value of about USD 349 billion by 2027.

The global Metal Stamping and Fabrication industry report gives a comprehensive analysis of the industry, including key segments, trends, drivers, restraints, the competitive landscape, and other essential market aspects. The industry is being driven by the application of the service in various sectors like construction and automotive, among others. Europe is the highest category spender by region, driving the demand for the Metal Stamping and Fabrication industry.

Industry Definition and Segmentation

Metal stamping or Stamping is a procedure of inserting flat sheet metal in either blank or coil form into a stamping press, where the metal is formed into the desired shape by a tool and die surface. It’s a complex process including several metal producing techniques, such as blanking, punching, bending, and piercing. The Metal Stamping and Fabrication industry report comprises segments by end-use (Construction, Building/Piping and Architecture, Automotive and Transportation, Machinery and Heavy Industries, Energy and Power, Electrical and Electronics, Domestic Appliances) and region (North America, Europe, Asia Pacific, the Middle East, and Africa, and South America).

European Region is Driving the Growth of the Industry

Europe holds the largest share in the industry due to the existing automotive sector and the rising consumer electronics industry. The region has strict requirements for improving fuel economy, driving up demand for electric vehicles. As a result, Electric vehicle demand is expected to increase in the future years, boosting the market growth.

The market is being driven by applying the procedure in significant construction end-uses, building/piping, and architecture. It is applied to make vehicle body panels, gearbox components, and interior and exterior structural components, propelling the industry’s growth. As metal frames are utilised in mobile phones, headphones, speakers, and gamepads and controllers, the increasing consumer electronics sector will likely aid the market’s expansion. As a result of the expanding manufacturing activities and rising demand and supply for metal fabrication in different sectors such as automotive, aerospace & defence, the market is expected to witness growth.

However, the lack of qualified people and advances in additive building technology is hampering industry growth.

Best Procurement Practices

The global Metal Stamping and Fabrication industry report by Procurement Resource gives an in-depth analysis of the best buying practices followed by major international Metal Stamping and Fabrication regions, such as engagement models, contract terms, and buyer and supplier negotiation levers, among others.

Category Management Studies

The process consists of various steps, Bending, Flanging, Embossing, Blanking, Coining, Drawing, Stretching, Ironing, Reducing/Necking, Curling, and Hemming.

Advances in the Sector, Further Driving the Metal Stamping and Fabrication Market

The industry is being aided by the growing use of new technology such as laser saws, a computerised instrument that allows fabricators to cut alloy castings correctly. Furthermore, the advancements in automation tools and robotics are likely to provide possibilities for manufacturers. In addition, the growing need for programmed production methods in the element fabrication sector, which assists in the production of dependable fabrication amenities by eliminating all harmful processes like welding and cutting down to cyborgs, is impelling the market forward. Also, the changing trends in the finance and manufacturing sectors and the deployment of automated fabrication processes are furthering the market’s expansion.

The regional markets for the industry can be divided into North America, South America, Europe, the Middle East and Africa, and the Asia Pacific.

Key Industry Players Mentioned in the Metal Stamping and Fabrication Industry Report

• Interplex Holdings Pte. Ltd.
• Guangzhou Komaspec Mechanical and Electrical Products Manufacturing Co. Ltd.
• König Metall GmbH & Co. KG
• Diehl Metall Stiftung & Co. KG
• Mercury Products Corp.

Market Landscape

With many small and big-scale companies in the sector, the worldwide market is tremendously competitive. Local competitors compete with enterprises catering on a global scale based on services and specialised products. Local players can supply individual customisation services to their customers and standardised products to major industrial machinery manufacturers, car OEMs, and consumer electronics makers. To gain a more significant portion of the market and strengthen their market position, suppliers in this market participate in R&D activities, expansion, mergers & acquisitions, collaborations, technological developments, and innovations. Over the forecast period, the rising rivalry will lead to a greater focus on product introductions and development.

Key Initiatives by Companies

• Cal-X Inc., a sheet metal fabrication and precision machining fast prototype services provider, was acquired by Core Industries in July 2019. Through Cal-X Inc’s capabilities, Core Industries will be able to provide quick prototyping and short-run production services.