Redefining 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 suggestions.