Metal stamping is a fabrication process that involves using dies and presses to form the material into desired shapes. It’s a commonly utilized practice at companies that make electronic components. Here are some of the many reasons for its popularity in such applications.
- Suitability for popular products containing electronics
Today’s society features an ever-growing number of consumer electronics. Whether those products are smart home devices or video game consoles, most include parts that are or could be made with stamping processes.
A Grandview Research report found that the global market for this fabrication approach exceeded $200 billion in 2020. However, the analysts expect a 3.8% compound annual growth rate from 2021-2025.
One suggested reason for the upcoming growth is the popularity of smartphones in so many regions of the world. The authors clarified that stamping plays a key role in components like antennas, as well as the phone’s frame and camera lens holders. The report also mentions how electronics used in the aerospace industry are often shaped with stamping.
In the automotive industry, the North American and European regions are among the areas most likely to see sustained growth over the forecast period, according to Grandview. Since many vital car parts have electronics in them, including spanning headlights and steering wheels, it makes sense why manufacturers will contribute to global stamping growth.
The versatility of this manufacturing process is undoubtedly a factor that will help it remain popular for the foreseeable future. Besides matching the needs of current products, it will encourage pioneering makers to think outside the box with bold innovations.