Global Fine Blanking Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Fine Blanking Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Fine blanking (FB) is a stamping technique that accurately performs blanking. This principle is based on the hydrostatic pressure effect, where the plastic forming force increases when pressure is applied to metal. In general stamping, the workpiece is placed on the die and punched with pressure. This requires an appropriate clearance between the die and punch. In contrast, in fine blanking, pressure is applied from both the top and bottom with the clearance minimized. The object of this research report is the fine blanking press. A fine blanking press is a metal stamping used to produce high precision metal parts. Components can be produced with high precision shape and size to meet ISO and test certifications. It also has a wide range of applications in manufacturing, including automotive, aerospace, construction, and other metal related industries.

Market Overview:

The latest research study on the global Fine Blanking market finds that the global Fine Blanking market reached a value of USD 350.13 million in 2022. It’s expected that the market will achieve USD 528.99 million by 2028, exhibiting a CAGR of 7.12% during the forecast period.

The stable demand for precision stamping parts in the automotive industry drives the development of the industry

The stable development of new energy vehicles and the automotive industry has driven the stable development of auto parts and upstream and downstream enterprises. In the automotive industry, precision stamping is widely used in the safety components of automobile manufacturing to ensure stable operation under harsh and dangerous conditions. For example, racks, tooth plates, and cams on car seat adjusters; ratchets, pawls, adjusting tooth plates, pull arms, push rods, webs, support plates, etc. in car brake systems; Lock plate, card plate, insurance block, etc.; tang, inner gear ring, pawl, etc. on the car seat belt; driven plate on the clutch, etc.; shift fork on the transmission, etc.; flange plate, thrust of the transmission system Gaskets, etc.; door glass regulator tooth plates, etc. Therefore, with the steady development of the automotive industry, the manufacturing demand for automotive precision parts is still rising, and the market demand for Fine Blanking will continue to actively expand.

The aerospace field is actively driving the development of the industry

In the field of aerospace, due to the special requirements of high stability, high speed, high safety and repeated use, aerospace equipment such as aircraft and aircraft have extremely high technological requirements for the design, manufacture, processing and assembly of various parts and components. For example, the complex shape and ultra-high precision requirements of aero-engine sheet metal stamping parts require precision stamping technology. At present, the aerospace parts manufacturing industry, which is the basic industry of the aviation manufacturing industry, has adopted precision stamping technology in parts such as overall structural parts, high-precision shells, piping system connectors, special standard parts and components. During the forecast period, the steady development of the aerospace industry is actively driving the market demand for fine blanking.

Region Overview:

Europe had the highest growth rate of all regions

Company Overview:

Feintool，SCHULER，MORI IRON WORKS CO.,LTD were the top 3 players in the Fine Blanking market in 2022.
Feintool
Feintool is an internationally active technology and market leader in fineblanking, forming and electrolamination stamping for processing steel sheets. Cost-effectiveness, superior quality and productivity characterize these technologies.
Founded in 1959 and headquartered in Lyss, Switzerland, the Group runs its 19 production plants and technology centers in Europe, the United States, China and Japan, ensuring close proximity to its customers. Around the globe, about 3 500 employees and 100 apprentices are at work on new solutions to create key advantages for Feintool customers.

Schuler

Schuler offers customized cutting-edge technology in all areas of forming – from networked presses to press shop planning. In addition to presses, the offering also includes automation, tooling, process know-how and services for the entire metalworking industry. Schuler's Digital Suite brings together solutions for web forming technology and is being continuously developed to further increase the productivity and availability of production lines. Schuler's customers include automotive manufacturers and suppliers, as well as companies in the forging, household appliance and electrical industries. Presses from the Schuler Group mint coins for more than 180 countries. Founded in 1839 at its headquarters in Göppingen, Germany, Schuler has approximately 5,000 employees at production sites in Europe, China, and America, as well as service companies in more than 40 countries.

Segmentation Overview:

Among different product types, Sliding-punch Fine Blanking Tools segment is anticipated to contribute the largest market share in 2027.

Application Overview:

By application, the Automobile segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Fine Blanking market covered in Chapter 3:

MORI IRON WORKS CO.,LTD
HXFB
Feintool
SCHULER
Hongde Machinery Manufacturing Co., Ltd.
Hubei Sanhuan Forging Equipment Co., Ltd.

In Chapter 4 and Chapter 14.2, on the basis of types, the Fine Blanking market from 2018 to 2029 is primarily split into:

Sliding fine blanking tool
Fixed punch fine blanking tool

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Fine Blanking market from 2018 to 2029 covers:

Automobile
Construction
Aerospace
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)