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Metal Stamping Market to Reach USD 373.85B by 2033 as Demand for Precision Manufacturing Accelerates Across Automotive, Electronics, and Industrial Sectors

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Rising adoption of lightweight materials, expanding electric vehicle production, and advancements in automated stamping technologies are expected to drive long-term market growth

SAN FRANCISCO, June 23, 2026 /PRNewswire/ — The global metal stamping industry is poised for steady expansion over the coming decade, driven by increasing demand for precision-engineered components across automotive, consumer electronics, industrial machinery, aerospace, and electrical applications. According to a recent market analysis by Grand View Research, the global metal stamping market was valued at USD 257.26 billion in 2025 and is projected to grow from USD 266.27 billion in 2026 to USD 373.85 billion by 2033, advancing at a compound annual growth rate (CAGR) of 5.0% from 2026 to 2033.

Metal Stamping Remains a Cornerstone of Modern Manufacturing

Metal stamping continues to play a vital role in modern manufacturing by enabling high-volume production of complex metal components with exceptional dimensional accuracy and cost efficiency. The process is widely utilized for the fabrication of body panels, structural components, electrical connectors, brackets, enclosures, and numerous other mission-critical parts used across industrial value chains.

Lightweight Vehicle Production and Electrification Create New Growth Opportunities

The growing emphasis on lightweight and high-strength materials is creating significant opportunities for metal stamping manufacturers. Automotive manufacturers, in particular, are increasingly adopting advanced stamping technologies to produce lightweight vehicle structures that improve fuel efficiency and support emissions reduction goals.

As electric vehicle adoption accelerates worldwide, demand for stamped battery enclosures, chassis components, reinforcement structures, and thermal management systems is expected to increase substantially. Industry analysts note that vehicle electrification trends are reshaping manufacturing requirements and generating sustained demand for advanced metal-forming capabilities.

Automation and Smart Manufacturing Transform Production Capabilities

The market is benefiting from a convergence of technological innovation and sustainability initiatives. Manufacturers are investing in servo-driven presses, robotic automation, digital quality-control systems, and advanced die technologies to improve productivity while reducing material waste.

These developments are helping metal stamping companies achieve greater operational efficiency, improve consistency, and meet increasingly stringent customer requirements for quality and precision.

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Blanking Emerges as the Leading Process Segment

Among process categories, blanking remains the dominant segment, accounting for more than 32.0% of the global market in 2025. The process serves as a foundational manufacturing step for producing accurately shaped metal components at scale and is extensively used in automotive, appliance, electronics, and industrial applications.

Its ability to deliver high production volumes while maintaining dimensional consistency continues to make blanking one of the most widely adopted metal stamping processes worldwide.

Automotive Industry Continues to Anchor Global Demand

The automotive and transportation sector remains the largest consumer of stamped metal components globally. Manufacturers rely on metal stamping for vehicle body structures, transmission systems, safety assemblies, seating systems, and a wide range of interior and exterior components.

The ongoing transition toward electric mobility, lightweight materials, and advanced vehicle architectures is expected to further strengthen demand throughout the forecast period.

Consumer Electronics Segment Expected to Witness Accelerated Expansion

Consumer electronics is anticipated to emerge as one of the fastest-growing application segments, registering a CAGR of 6.2% through 2033. As electronic devices become increasingly compact and sophisticated, manufacturers require high-precision stamped components for connectors, casings, electromagnetic shielding systems, and thermal management applications.

The rapid growth of smart devices, wearable technologies, and connected consumer products is expected to create new opportunities for metal stamping suppliers worldwide.

Asia Pacific Maintains Leadership Position in Global Market

Regional analysis indicates that Asia Pacific continues to lead the global market, accounting for more than 37.0% of total revenue in 2025. The region benefits from a strong manufacturing ecosystem, a large automotive production base, and a rapidly expanding electronics sector.

Countries such as China, India, and Japan remain major contributors to regional demand, supported by industrial expansion, infrastructure investments, and favorable manufacturing policies.

Strong Industrial Growth Supports Regional Expansion

Asia Pacific is projected to be among the fastest-growing regional markets, with the region expected to register a CAGR of 6.1% during the forecast period. Continued investments in electric vehicle production, industrial automation, and consumer electronics manufacturing are anticipated to create substantial opportunities for metal stamping companies operating across the region.

Emerging Applications Expand Market Potential Beyond Automotive

Beyond automotive and electronics, metal stamping is gaining momentum across industrial machinery, aerospace, telecommunications, and construction sectors. Industrial equipment manufacturers increasingly depend on stamped components for housings, supports, gears, and structural assemblies capable of withstanding demanding operating conditions.

In telecommunications, expanding connectivity infrastructure and next-generation communication networks are driving demand for precision-engineered metal components used in antennas, electrical contacts, and protective enclosures.

Sustainability Initiatives Influence Future Manufacturing Strategies

Sustainability remains a key factor shaping the future of the metal stamping industry. Manufacturers are implementing energy-efficient production methods, reducing material waste, and incorporating recycled metal feedstocks to improve environmental performance.

The inherent recyclability of stamped metal components further supports circular manufacturing initiatives and aligns with global sustainability objectives.

Future Outlook: Innovation and Capacity Expansion to Define Competitive Success

Looking ahead, industry participants are expected to prioritize automation, digital manufacturing technologies, advanced tooling solutions, and strategic capacity expansion initiatives. Companies that successfully integrate smart manufacturing capabilities with sustainable production practices are likely to strengthen their competitive positioning in the evolving marketplace.

As industries continue to prioritize precision, scalability, and cost efficiency, metal stamping is expected to remain an essential manufacturing process supporting next-generation industrial innovation and product development.

To learn more about growth opportunities in the Metal Stamping Market, access the full report from Grand View Research

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

Browse Investment Insights by Grand View Research – a dedicated, scalable fundamental research platform designed to function as a seamless extension of investment teams across the buy-side and sell-side ecosystem.

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Grand View Research, Inc.
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Design Intelligence for an Integrated Future: Gstarsoft Strengthens Its Open CAD+BIM+AI Ecosystem

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XI’AN, China and LYON, France, June 23, 2026 /PRNewswire/ — Gstarsoft, the global provider of industrial software and digital design solutions, today unveiled its latest design portfolio spanning CAD, BIM, cloud solutions and AI technologies.

The launch reflects the company’s strategy of integrating CAD/BIM technologies, open ecosystem capabilities and industry-focused AI models into a unified intelligent design platform. By embedding intelligent capabilities into engineering workflows — from drawing recognition and design assistance to collaboration and project delivery — Gstarsoft aims to help organizations improve productivity, enhance interoperability and accelerate digital transformation.

An Integrated Intelligent Design Platform

A key highlight of the launch is Gstarsoft’s new intelligent design architecture, built around two layers: a product matrix and a set of core technology engines.

The product matrix provides an integrated platform for design collaboration and management, supporting end-to-end workflows across engineering, construction and manufacturing. It spans 2D CAD, 3D CAD, BIM, CAM, cloud collaboration and industry-specific solutions, while incorporating AI capabilities focused on both data intelligence and operational intelligence.

Supporting this portfolio are three core technology engines: CAD/BIM core technologies, open integration capabilities and AI-powered industry models. These core engines enable key capabilities, empowering product development and ecosystem expansion across the entire ecosystem.

Together, they represent an evolution from a standalone CAD solution into a full-stack intelligent design platform, helping organizations improve productivity, lower adoption barriers and accelerate digital transformation.

CAD + BIM: Connecting Existing Design Workflows with Model-Based Delivery

At the core of the portfolio is an integrated design environment spanning 2D CAD, 3D design, BIM and manufacturing-oriented workflows. Together, these solutions support a more connected workflow spanning design, modelling, coordination and production.

The latest release of GstarCAD 2027 delivers significant improvements in stability, performance and usability, upgraded with 7.6x drawing regeneration efficiency, 2x open-speed improvement, and 8x memory optimization. Designed for demanding engineering environments, the CAD software supports large-scale drawings, enhanced parametric constraints and expanded compatibility across operating systems and industry ecosystems.In the building sector, GstarBIM 2027 expands its capabilities with integrated architectural, MEP and interior design workflows, advanced 2D-to-3D conversion, point cloud modeling and AI-assisted visualization. The platform also strengthens support for open standards, including IFC-based collaboration.A major addition to the portfolio is GstarCAM, Gstarsoft’s new computer-aided manufacturing solution. By extending digital workflows beyond design and modelling into manufacturing preparation, GstarCAM helps connect engineering data with downstream production processes, further strengthening continuity between design intent and manufacturing execution.

Cloud: Connecting Teams, Data and Workflows Across the Design Lifecycle

Gstarsoft’s cloud portfolio is designed to support a hybrid transition.

GstarCAD Cloud introduces a cloud-native 2D CAD platform that enables browser-based design, real-time collaboration and secure drawing management. Built on the same core technology and file formats as desktop CAD, it supports seamless workflow continuity across cloud and local environments.Gstar3D Cloud delivers an AI-powered cloud collaboration platform for product design and engineering. The solution combines browser-based 3D modelling, intelligent interaction and unified data management, while connecting design, review and manufacturing workflows within a single environment.GstarCAD 365 expands its capabilities as a cloud CAD collaboration hub, supporting online review, in-place markup and secure document sharing. Designed for cross-functional teams, it helps streamline communication, approval processes and drawing management throughout the project lifecycle.

AI: Transforming Design Data into Engineering Intelligence

Artificial intelligence is integrated across the new portfolio through a range of workflow-oriented applications.

AI Assistant brings natural-language interaction into CAD workflows. Designed to support design generation, task automation and engineering knowledge access, it helps transform CAD from a command-driven tool into a more intelligent design environment.AI ScanToCAD converts image-based drawings into editable CAD content. Leveraging AI-powered recognition and vector reconstruction, it enables organizations to digitize legacy documentation and transform raster drawings into reusable DWG/DXF assets.GstarRender extends the portfolio’s AI capabilities into visualization and design communication. Designed for architecture, interior design, landscape, urban planning and renovation projects, the platform supports concept generation, design refinement, high-quality rendering, intelligent editing and animation creation.

As design and engineering industries continue their transition toward AI-enabled, cloud-connected and data-driven workflows, Gstarsoft positions its new portfolio as a practical pathway toward digital transformation—one that combines CAD, BIM, cloud solutions and AI technologies within an open and connected ecosystem.

About Gstarsoft

Gstarsoft Co., Ltd., established in 2001, is a leading provider of R&D-focused industrial software. With a mission to be “customer-centric – making design more efficient, collaboration smoother, and value sustainable,” the company is committed to becoming a world-class, product-innovation-driven industrial software provider, delivering a full spectrum of solutions including 2D CAD, 3D CAD, BIM, AI CAD, and cloud-based CAD. Currently, Gstarsoft’s products and services cover more than 100 countries, with a cumulative global user base exceeding 100 million.

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SOURCE Gstarsoft

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CMHK Achieves Comprehensive Network Upgrade

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Completing 2G Service Cessation and Advancing to 5.5G Intelligent Communications

HONG KONG, June 23, 2026 /PRNewswire/ — China Mobile Hong Kong Company Limited (“CMHK”) today announced, with the approval of the Communications Authority (“CA”), the official cessation of its second-generation mobile communications (“2G”) service. This milestone marks CMHK as the first mobile network operator in Hong Kong to provide only 4G, 5G and 5.5G high-speed mobile communications services, underscoring the Company’s continued commitment to building a more efficient, intelligent and future-ready mobile network in Hong Kong.

Driving the continuous advancement of network technology

CMHK remains committed to the advancement of network technology and continuous enhancement of its network infrastructure and service capabilities. Following the cessation of its 3G service in June 2025, the completion of 2G service cessation today marks another significant milestone in the Company’s network evolution. Valuable spectrum resources and related technologies will be reallocated to the development of 5G and 5.5G networks, further enhancing network capacity, coverage efficiency and intelligent management. This will bring customers a faster, lower-latency and more stable mobile communications experience, while supporting the rapid development of AI applications, the IoT, industry digitalization and smart city innovation. It will also establish a solid foundation for the long-term development of Hong Kong’s network infrastructure and information technology ecosystem.

AI Technology Empowers Network Upgrade

During this network upgrade, CMHK made full use of AI technologies to optimize the entire transition process. Through big data analytics and machine learning models, the Company accurately identified 2G users and engaged them through intelligent outbound calls, SMS messages and app reminders, achieving cumulative customer reach of more than 8 million touchpoints.

In addition, CMHK leveraged its self-developed AI-powered intelligent network to help teams rapidly identify terminal compatibility and potential service needs, significantly enhancing customer service and support efficiency. Together with real-time monitoring of network quality and user experience, overall network performance remained stable throughout the process, enabling a smooth technology transition with minimal impact on customers.

Caring Support and Social Responsibility

CMHK remains committed to balancing technology advancement with social responsibility, and has established a comprehensive customer support system to ensure a smooth transition. For elderly customers using legacy devices, the Company proactively provided one-on-one on-site and remote assistance, large-print user guides, dedicated hotlines and priority service channels at retail stores, ensuring a worry-free and seamless transition for customers. The Company also introduced dedicated subsidies to support customers in replacing legacy devices, and offered free replacement of next-generation USIM cards. In addition, written notifications were sent by registered mail, while terminal device subsidies have been extended to 31 December 2026, ensuring a seamless upgrade of customers’ communications experience.

The completion of 2G service cessation marks the fulfilment of a historic mission in the development of mobile communications. It also marks Hong Kong’s mobile network entering a new stage of greater efficiency, intelligence and innovation. Looking ahead, CMHK will continue to focus on the core development of 5.5G, while further investing in innovative technology research and development, AI-powered network intelligence and smart city infrastructure. The Company will continue to empower the digital transformation of industries and support Hong Kong in developing into an international innovation and technology hub with global influence.

About China Mobile Hong Kong Limited

China Mobile Hong Kong Company Limited (“CMHK”) is the wholly-owned subsidiary of China Mobile Limited (HKEx: 941), which is listed on the Fortune Global 500. CMHK was incepted in January 1997 and was the first mobile network operator to launch PCS services in Hong Kong.

As the world’s leading mobile network brand with the largest customer base*, The Company offers innovative and comprehensive 5G communications services, including voice, data, IDD and international roaming. The Company is committed to the development of 5G with new technologies such as artificial intelligence, internet of things, cloud computing and big data, integrating 5G applications in different industries, promoting the construction and development of smart city groups in Greater Bay Area.

* China Mobile (Hong Kong) Limited is a wholly-owned subsidiary of China Mobile Limited. As of 31 December 2025, China Mobile Limited had the largest number of mobile network subscribers in the world.

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SOURCE China Mobile Hong Kong Company Limited

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Prime Your Home with Dreame: Save Up to £360 Across Smart Home, Beauty and Lifestyle Products

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LONDON, June 23, 2026 /PRNewswire/ — Summer has officially arrived, and with it comes one of the most anticipated shopping moments of the year: Prime Day. Whether you’re hosting friends for a barbecue, preparing for family visits, tackling a seasonal deep-clean or getting ready for your summer holidays, it’s the perfect time to upgrade your home and daily routine with smarter technology.

Building on the success of its early-access promotions, Dreame continues its “Prime Your Home with Dreame” campaign, offering intelligent solutions across home care, comfort, organisation and personal care. Designed to simplify everyday tasks and enhance the way consumers live at home, Dreame’s Prime Day deals make it easier than ever to enjoy a cleaner, more comfortable and more efficient summer.

From June 23 to June 26, consumers can enjoy exclusive savings of up to £360 on a wide range of Dreame products through Amazon, Dreame’s official online store and selected retail partners. The campaign includes flagship robot vacuums, cordless stick vacuums and beauty devices, offering something for every corner of the modern home.

Dreame Prime Day Hot Deals

Robot Vacuum Dreame Aqua10 Ultra Roller Complete | £739 (RRP £1,099) | Save £360

This robot vacuum redefines floor cleaning with its “roll, climb, refresh” approach. Its advanced AquaRoll™ mopping system uses a roller-style mop that cleans and self-cleans continuously while mopping, delivering effortless, streak-free results. The AutoSeal™ protector safeguards carpets by preventing excess moisture, making it ideal for mixed-floor homes. Meanwhile, ThermoHub™ self-cleaning at 100°C keeps the roller hygienic, and FluffRoll™ technology maintains consistent softness and high cleaning performance over time, while delivers powerful 30,000 Pa Vormax™ suction.

Robot Vacuum Dreame L10s Ultra Gen 3 | £349 (RRP £479) | Save £130

Delivers 25,000 Pa Vormax™ suction combined with DuoScrub™ technology to effectively tackle spills and deep-clean all floor types. Its flexible dual-arm system extends reach for improved coverage in corners and hard-to-reach areas, while the AceClean™ DryBoard helps reduce residue buildup for a consistently cleaner finish. The PowerDock™ multifunction station automates mop cleaning and dust emptying for fully hands-free maintenance, while 10.5 mm mop lift technology ensures safe and effective carpet cleaning. Designed for convenience and hygiene, it offers a complete automated solution, especially well-suited for pet-friendly homes.

Robot Vacuum Dreame L50s Pro Ultra | £529 (RRP £649) | Save £120

Engineered for deep cleaning performance, the L50s Pro Ultra delivers an impressive 30,000Pa suction power and dual anti-tangle rollers for effortless hair pickup. Its ThermoHub™ self-cleaning system at 100°C keeps mop pads hygienic and ready for continuous use, while the HyperStream™ dual brush system prevents hair tangling for effortless maintenance. Designed for intelligent mobility, it features EasyLeap™ obstacle crossing up to 40 mm, allowing it to move smoothly and safely over thresholds and uneven surfaces. Together, these innovations create a fully automated, high-performance cleaning experience with minimal intervention.

Robot Vacuum L40 Ultra AE | £399 (RRP £499) | Save £100

The L40 Ultra AE is a versatile, no-compromise cleaning solution. Its 19,000Pa suction, liftable rubber main brush, and complementary TriCut brush work together to tackle everything from fine dust to large debris across carpets and hard floors, while minimising hair tangles. When cleaning is done, 75°C hot water mop washing and an advanced self-cleaning washboard make maintenance effortless.

Robot Vacuum L40 Ultra A | £309 (RRP £449) | Save £140

The L40 Ultra A is our Amazon-exclusive model, combining powerful performance with an accessible price tag. With 24,000Pa suction, a detangling TriCut brush, and MopExtend™ Roboswing for up to 4cm of extended mop coverage, it leaves no corner untouched. AceClean™ Dryboard and PowerDock™ handle the rest — so you don’t have to.

Stick Vacuum Z30 Pro Aqua | £419 (RRP £549) | Save £130

The Z30 Pro Aqua is a versatile 2-in-1 wet and dry stick vacuum built to handle any mess. Its AquaCycle™ 2.0 wet cleaning brush sprays, scrapes, scrubs, and suctions wet spills in one seamless motion, while the TangleCut multi-surface brush delivers a thorough, tangle-free clean for dry debris. A 90° bendable extension rod, 180° wide swivel head, and up to 90 minutes of battery life ensure no corner of your home goes untouched.

Dreame Airstyle Pro 7-in-1 Hair Styler | £199 (RRP £299) | Save £100

Dreame’s most iconic styling device to date includes seven interchangeable attachments, offering versatile styling options ranging from sleek straight looks to beach waves and defined curls. Featuring a 55m³/h airflow system, three controlled temperature settings and NTC thermal monitoring, it delivers salon-quality results while helping protect hair from heat damage.

Hairdryer Set Pocket Pro | Sale Price £129 (RRP £149)| Save £20

The Pocket Pro hair dryer set packs professional-grade performance into a portable and foldable design. Negative ion technology and an NTC thermistor work together to dry hair quickly while keeping it protected from heat damage. With 5 modes and a full suite of attachments — an anti-frizz nozzle, diffuser, styling attachment, and 2 curling barrels — it has everything you need to achieve any look, whether for daily use or as a thoughtful gift.

Hairdryer Dreame Glory Combo | Sale Price £69 (RRP £89 )| Save £20

The Glory Combo combines elegant design with accessible pricing, proving that great performance doesn’t have to come at a premium. Its 110,000 RPM motor delivers 70 m/s airflow to dry hair in just 2 minutes, while advanced negative ion technology leaves hair smooth and frizz-free. Weighing just 350g, it’s easy to take anywhere, and with 4 temperature settings and 2 airflow speeds, styling is always on your terms. An NTC sensor rounds it out by maintaining even heat distribution to keep hair healthy and protected.

These Prime Day offers are available from June 23 to June 26 through Amazon, Dreame’s official website and selected retail partners.

With smart solutions across cleaning, beauty, and home comforts, Dreame’s Prime Day campaign offers consumers the perfect opportunity to upgrade their homes for summer while enjoying some of the brand’s most competitive promotions of the year!

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