New Development Trend Of Brass Stamping Industry

In recent years, the brass stamping industry has developed rapidly and played an increasingly important role in the industrial field.

 

Brass stamping parts are made of copper and its alloys as raw materials and are made into metal parts of various shapes and sizes through the stamping process. Due to its good processing performance, beautiful color, corrosion resistance, and easy welding, it is widely used in many fields. In the field of electronics and electrical appliances, brass stamping parts are widely used in various electronic components due to their excellent conductivity, accounting for about 30% of the use of metal parts in this field; in the field of aerospace, brass stamping parts are used in aircraft engine parts and fuselage structural parts due to their high strength and corrosion resistance, accounting for about 15%; in terms of building materials, its beautiful color and good corrosion resistance make it account for about 25% of building decoration parts; in the field of connectors, brass stamping parts account for as much as 40% due to their good conductivity and easy processing. Moreover, brass materials are low in cost and easy to obtain, which makes Brass Sheet Metal Stampings a greater price advantage in the market and can meet the needs of different industries for cost control.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

From the perspective of industry development, my country's Electrical Brass Switch Socket Part industry can be traced back to the last century. At first, it was mainly based on simple processes and mainly served domestic infrastructure construction. With the reform and opening up, the industry has gradually introduced advanced foreign technologies and equipment, and the technical level has been significantly improved. Entering the 21st century, the industry has entered a stage of rapid development, and the market scale has continued to expand. At present, my country has become the world's largest producer and consumer of copper forgings (including brass stampings). From 2015 to 2023, the market scale of copper forgings in my country has increased from RMB 350 billion to RMB 550 billion year by year, with a compound growth rate of about 6%. It is expected that by 2024, the market scale will exceed RMB 600 billion.

 

In terms of market segments, the demand for Sheet Metal Brass Stampings in the automotive industry accounts for a large proportion. With the continuous increase in the number of automobiles in my country and the rapid development of the new energy vehicle market, brass stamping parts are increasingly used in key components such as automobile engines, gearboxes, and suspension systems. According to statistics, the demand for brass stamping parts in the automotive industry in 2023 is about 1.5 million tons. It is expected that the demand for brass stamping parts in the automotive industry will maintain steady growth in the next few years, with an annual compound growth rate of about 5%. In addition, the demand for Electrical Contact Stamping Brass Parts Custom in industries such as aerospace, electronic information, and construction is also showing a rapid growth trend, becoming an important force in promoting the growth of the entire market.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

From the perspective of the regional market, my country's Stamping Riveting Electrical Brass Press Parts market is mainly concentrated in East China, South China, and North China. Among them, the market size in East China reached 220 billion yuan in 2023, accounting for 40% of the national market share; the market size in South China was 150 billion yuan, accounting for 27%; the market size in North China was 100 billion yuan, accounting for 18%. These regions have a relatively complete industrial chain and a high degree of industrial agglomeration. In the future, with the deepening of the national "Belt and Road" initiative, my country's brass stamping market is expected to expand further, and the continuous growth of domestic and foreign market demand will strongly promote the expansion of the overall scale of the industry.  

 

At present, the brass stamping industry is in a critical period of transformation and upgrading. With the rapid development of the country's strategic emerging industries, the demand for high-performance Brass Custom Stamping Parts is growing. Enterprises in the industry have increased their investment in research and development and increased the added value of products to adapt to changes in market demand. At the same time, competition within the industry has intensified, and enterprises have improved their competitiveness by improving technology, ensuring quality, and optimizing services, and have also actively sought cooperation and alliances to achieve resource sharing and complementary advantages.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Looking to the future, the brass stamping industry will continue to maintain a stable growth trend, and develop in the direction of high-end, intelligent,t and green, play an important role in more fields, and contribute more to my country's industrial development.