U.S. Metal Stamping Market Size & Outlook, 2023-2030
U.S. metal stamping market, 2018-2030 (US$M)
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U.S. metal stamping market highlights
- The U.S. metal stamping market generated a revenue of USD 47,473.4 million in 2023 and is expected to reach USD 62,081.1 million by 2030.
- The U.S. market is expected to grow at a CAGR of 3.9% from 2024 to 2030.
- In terms of segment, blanking was the largest revenue generating process in 2023.
- Blanking is the most lucrative process segment registering the fastest growth during the forecast period.
Metal stamping market data book summary
| Market revenue in 2023 | USD 47,473.4 million |
| Market revenue in 2030 | USD 62,081.1 million |
| Growth rate | 3.9% (CAGR from 2023 to 2030) |
| Largest segment | Blanking |
| Fastest growing segment | Blanking |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Blanking, Embossing, Bending, Coining, Flanging |
| Key market players worldwide | Kenon Holdings Ltd, FRP Holdings Inc, Nissan Motor Co Ltd, Gestamp Automocion, Ford Motor Co |
Other key industry trends
- In terms of revenue, U.S. accounted for 20.0% of the global metal stamping market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. metal stamping market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 62,081.1 million by 2030.
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Metal Stamping Market Scope
Metal Stamping Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
U.S. metal stamping market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to metal stamping market will help companies and investors design strategic landscapes.
Blanking was the largest segment with a revenue share of 26.4% in 2023. Horizon Databook has segmented the U.S. metal stamping market based on blanking, embossing, bending, coining, flanging covering the revenue growth of each sub-segment from 2018 to 2030.
The increasing number of single-family construction projects in the U.S. is not only contributing to economic growth and job creation in the construction industry but also catering to the evolving housing needs of individuals and families across the country.
Despite the rise in the construction of single-family homes, not everyone is prepared or capable of becoming a homeowner due to various factors such as economic uncertainties, stringent mortgage requirements, and evolving lifestyle preferences. This has resulted in a growing population that prefers renting over homeownership, thereby increasing the demand for well-maintained single-family rental properties.
This overall trend is expected to have a positive impact on metal stamping in the U.S. The graph below shows the rise in the monthly construction of single-family units in the U.S. from 823 units in January 2023 to 1,027 units in December 2023.
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Target buyers of U.S. metal stamping market databook
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Our clientele includes a mix of metal stamping market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. metal stamping market , including forecasts for subscribers. This country databook contains high-level insights into U.S. metal stamping market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. metal stamping market size, by process, 2018-2030 (US$M)
U.S. Metal Stamping Market Outlook Share, 2023 & 2030 (US$M)
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