|8 INDUSTRIES THAT BENEFIT FROM PRECISION METAL STAMPING|
Precision metal stamping is typically a fully automated process, enabling manufacturers to conduct operations quickly without incurring additional labor costs. In the instances where human operators are required, the human machine interfaces are user friendly, so that they can be programmed and operated without extensive training or skill.
The precision metal stamping process is ideal for projects which require high volumes of complex parts, as the majority of the costs and labor are incurred upfront during the design process. After this, manufacturers can rapidly and accurately create large quantities of high-quality parts. Larger production runs gain economies of scale, which help to offset any upfront costs associated with equipment setup or tool and die design and fabrication.
During the production process, manufacturers will load stock metal into the stamping press. Depending on the product's design, the metal stamping machinery may utilize a variety of techniques to create the desired effect.
Automotive manufacturers are one of the most common users of precision metal stamping. As the lead market for metal stamping, the automotive industry accounted for 34.7% of metal stamping revenue in 2016, according to a study performed by Grand View Research.
Original equipment manufacturers often require high-volume production capabilities. These businesses must produce high quantities of goods in a timely manner without sacrificing quality or complexity. Precision metal stamping enables manufacturers to reduce the overall cost-per-unit. Additionally, the advanced virtual modeling technology offered used early in the precision metal stamping process speeds up production times and allows companies to get their products to market more rapidly.
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