Why the Metal Stamping market is set to hit $299.63 Billion by 2025!
The global metal stamping market is set to reach $299.63 billions by 2025 according to reports by Grand View Research Inc.
Increasing demands from industries such as aerospace, consumer electronics, and telecommunications mean the market is going to see a remarkable rise in revenue over the coming years.
Recently, metal stamping has become hugely popular within the automotive industry because they can produce a large amount of parts with accuracy and efficiency.
The medical industry, construction industry, and marine industry all utilise metal stamping to manufacture their complex parts and products.
But, just why have some of the most thriving industries developed an appetite for precision metal stamping? Here’s our top five reasons:
1. Consistent Quality
Precision metal stamping enables the production of very precise parts to a high degree of accuracy required in many industries. The stamped parts also have high strength, high stiffness, are light-weight and have perfect metal finishing properties.
2. Cost effective
Metal stamping is faster and requires less labor and machine work, so it’s the most cost effective metal forming method available today!
3. Complex Parts
Metal stamping techniques today are incredibly detailed, sophisticated and the most precise way to process even the toughest, most complex shapes.
Metal stamping offers a high level of automation compared to other processes whilst still delivering identical, durable parts.
The machinery used for metal stamping is efficient, which means fast production and quick turnaround times.
Essentially, metal stamping is a low-cost, high-speed manufacturing process that can produce a high volume of identical metal components.
At TyTek, we offer bespoke precision metal stampings at unmatched prices.
We employ the latest technologies, presses and tool-design to ensure your stampings are produced with unrivalled accuracy and efficiency.
From aluminium and cold rolled steel, to beryllium and stainless steel - we have a variety of metals that can be used to suit the requirements of your project.
Plus, our in-house team of experts will be on hand to make sure quality is stamped into your products.
Want to know more? Get in touch today.