Will COVID-19 Affect the Friction Stir Welding Market? If you were to run an internet search on “long-term effects of COVID-19,” the results would include headlines of every variety, from long-term health effects for those who have suffered from the virus to predictions regarding global economic recovery.
One thing is clear: our world will be forever impacted by this pandemic.
When it comes to the industrial effects, the friction stir welding market is no exception.
The question is not if it will be affected but how.
Whenever there’s an opportunity to reduce the weight of a car or light-duty truck, it’s that reduced weight which moves us closer… “to [meeting] the 2025 CAFE (Corporate Average Fuel Economy) standards,” says Brain Fish, North American Automotive Marketing Manager at Dupont. An average goal set for passenger cars and light-duty trucks is 54.5 mpg by 2025. That makes lighter vehicles a top priority.
Many people may not realize this, but metal stamping is an essential piece to the manufacturing process that provides many benefits to companies of all sizes. In order to gain a better understanding of the benefits that stamping can provide, it is important to gain an understanding of why many businesses use the metal stamping process.
Why is the metal stamping market growing? It is no secret that the 2020 global Coronavirus pandemic has had a negative effect overall on the global economy.
While no two countries have faced identical outcomes, the overall trend has been toward an economic shrinking rather than growth.
According to the IMF, it’s been predicted that “the global economy will shrink by 3% this year. It described the decline as the worst since the Great Depression of the 1930s.”
And yet amid all this flux, the metal stamping market outlook is bright.
There’s a reason why.
By using Finite Element Analysis (FEA), product designers are now able to bring their goods and services to the market more safely and effectively than ever. Through computer-based models, products can be stress-tested and analyzed for specific results. Given the outcome, clients can make adjustments to their plans before the costly and labor-intensive prototype phase even begins.
No matter how Fast and Furious one may wish they could be while driving, the notion of a safe car and high probability of accident survival is in the back of many individuals’ minds. Even when buying your teenage kid their first car, thoughts of protection, frame strength, and survivability are all factors that you take into consideration. It doesn’t matter if their 2007 matte gold Honda has a broken A/C system, one of the speakers doesn’t work, and the right passenger window doesn’t roll down – the brakes function, the headlights are bright and the frame is strong enough to protect your kid.
FEA and money. It’s been said that you have to spend money to make money, and there’s some truth to that. While current economic situations increase the pressure on businesses (particularly start-ups) to cut costs, there are certain expenses that cannot be overlooked. In fact, some expenses will actually save you money in the long run.
American Hydroformers has the solutions you need. Hydroforming has been widely applied in a variety of industries, including the aerospace and automotive industries. The high complex nature of aerospace and automotive components demands a technique that can effectively produce the correct form.
Friction stir welding is a solid-state joining process that uses heat that has been generated by friction to bond different materials. The friction-stir welding process uses a non-consumable tool to join the different materials.
There’s never been another year like 2020. It’s unrivaled in recent history for its global disruption. Here in North America, the ongoing coronavirus pandemic, coupled with political turmoil and social unrest, has caused quite a disruption. It’s safe to say that no industry has been immune to the fallout. That includes the metal stamping market.