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An increase in demand for metal components in the aviation industry are expected to drive innovation in stamped metal manufacturing, thus driving the market during the forecast period.

The global stamped metal market is expected to grow from $427.12 billion in 2022 to $465.75 billion in 2023 at a compound annual growth rate (CAGR) of 9.0%. The global stamped metal market size is expected to grow to $634.19 billion in 2027 at a CAGR of 8.0%.

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Global Stamped Metal Market Segments Include:

• By Process:Blanking, Embossing, Bending, Coining, Deep Drawing, Flanging, Other Processed
• By Material:Steel, Aluminium, Copper, Other Materials
• By Application:Automotive, Industrial Machinery, Consumer Electronics, Aerospace and Aviation, Electricals and Electronics, Telecommunications, Medical Devices, Defence, Other Applications
• By Geography:The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global stamped metal market in 2021.

Major Market Players in the stamped metal market include Alcoa, Inc., Manor Tool & Manufacturing Company, Acro Stamped Metal, Kenmode Precision Stamped Metal, Clow Stamping Company, Aro Stamped Metal Company, Inc.

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.

The Stamped Metal Global Market Report 2023  provides a stamped metal market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The stamped metal market forecast analyzes stamped metal market size, stamped metal market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Metal stamping is used in motor vehicles for producing components with consistent dimensions and shapes that adhere to stringent specifications and tolerances.

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