Custom High Quality Progressive Stamping Parts

Description of Custom High Quality Progressive Stamping Parts

Metal Stamping

Metal Stamping is a metal forming process in which flat stock sheet metal or metal coils are precisely shaped into metal parts in a stamping press, or stamp press. Many different sheet metal forming processes fall under the metal stamp manufacturing umbrella. These include: punching, blanking, embossing, forging, Bending, coining, and flanging, among others.

Applications

Manufacturers engage in metal stamp processes because they produce large volumes of products and parts with uniform precision at high speeds and low cost.

Industries in which metal stamping is particularly advantageous include: automotive, aerospace, military and defense, healthcare, electronics, and research and development.

Of all of these, the automotive industry is the largest customer of metal stamp processes. In fact, in 2014, the automotive stamping industry was valued at over $31 billion. The forecast for the industry shows strong growth at a global level due to disposable income levels rising, which is anticipated to aid the market.

After automobile applications, consumer electronics is where metal stamping is used the most. The segment is forecasted to go through significant growth; a compound annual growth rate (CAGR) of 5.4% is expected by 2022. The demand for consumer electronics is strong throughout the world, which will aid the market growth over the forecast period.

In addition, the research and development industry is witnessing research and development investments that are improving metal stamping processes. High efficiency metal stamping machines, such as hybrid electromagnetically assisted stamping machines, are available and cut operational costs, as well as reducing failures, like wrinkling and tearing. These technological advancements are critical for industry development and growth.