“Automotive electronics, which may include everything from displays to in-car systems, are set to account for an estimated 45% of a car’s manufacturing cost by 2030, according to a Deloitte report,” reports this article from Bloomberg. Clearly a component in demand, semiconductors have expanded the driving experience immensely for consumers.
These days when it seems everything has gone digital it’s easy to forget about all the mechanical components that are critical to electronics and batteries, especially in cars and trucks. Industry leaders, governments, and citizens all want to reduce carbon emissions and rely less on fossil fuels. At the same time, semi-autonomous and “smart” vehicles are gaining popularity for safety reasons and driver convenience.
In this age of tightening budgets, purchasers are tasked with sourcing parts economically, and designers and engineers know parts must be cost-effective to manufacture. It’s tempting to think of a stamper merely as a vendor or supplier of materials. After all, if the part meets specification and budget requirements, surely that’s good enough. You might even save money on production.
As OEMs and aftermarket equipment companies tighten tolerances, manufacturers face the challenge of producing stamped parts that meet and exceed their customers’ requirements. Poor die design along with scrapped or reworked parts cost everyone involved time and money. It’s critical to get it right the first time and every time.