4MAY 2024Redefining Industrial Precision The pressed components market is showing a remarkable increase. This market segment captures a huge variety of sectors, such as automotive and electronics, where pressed components are the crucial elements of the manufacturing procedures. The trend for lightweight materials of the automotive and aviation industries, which is combined with the growing focus on energy efficiency, is the reason for increased use of pressed components in the industry. The second market growth factor is the tendency of more and more people to use components which have to match the high requirements of precision engineering. For components such as these, the precision and replicability they offer are crucial, as they are applied in processes where tight tolerances are required. For instance, the electronics and telecommunications industries utilize pressed parts in the manufacturing of tightly packed, sophisticated components like smartphone and computer chips. In addition to that, the manufacturing technologies have been evolving and hence they are more cost-effective and efficient when it comes to producing pressed components. Technological advances like servo-electric presses and automated production lines have improved the effectiveness of the production process, shrinking the lead times and the production cost. This has consequently created an easier adoption of the pressed components in various industries that have, in turn, resulted in an increased market development. Besides, green production processes have become the target for many manufacturers as consumers have started paying more attention to the environmental credentials of the materials they choose. The use of molded components made from recyclable materials, such as aluminum and steel, is experiencing an uptick as companies attempt to reduce their carbon emissions and meet strict environmental compliance requirements. In this issue, we acquaint you with the top companies in this field. After studying the industry landscape in-depth, Industry Outlook has zeroed in on the top ones that have excelled with their meticulous approach. Having proven their dedication in order to meet the customer's expectations in an end-to-end manner, these companies have stood out from the crowd. We look forward to receiving your feedback and suggestionsSudhakar SinghManaging Editoreditor@theindustryoutlook.comVol 2 · Issue 4 - 3 · MAY, 2024Publisher Alok ChaturvediManaging Editor Sudhakar SinghAssociate EditorIndranil ChakrabortyAssistant Editor Hima P MEditorial Team Design ManagerPrabhu Dutta A.R.N Ray Senior DesignerRajesh R B Visualizer Aruna Kumari KVarun BAdvertising QueriesPrajnya Paramita BholVidyashri Patil Jaya Arora GM Sales & MarketingVirupakshi Pattarsales@theindustryoutlook.com Editorial Querieseditor@theindustryoutlook.comCirculation Manager Magendran PerumalMagazine Price is Rs. 150 per issuePrinted and Published By Alok Chaturvedi on behalf of Biz Print Media Technologies Pvt. Ltd. and Printed at Executive Prints - 113/7, Ground floor, Old madras road, Halasuru, Bangalore 560008 and Published At No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017.Publisher Alok ChaturvediCopyright © 2024 Biz Print Media Technologies Pvt. Ltd. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher.Roshan Akthar Nalini BramhanapalliVishwanathan A
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