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Sheet metal market analysis

According to a new market report, the global sheet metal market size is valued at US$ 408.31 billion by 2028 and expected to grow at a rate of 4.70% from 2021 to 2028. The latest Data Bridge Market Research report on the sheet metal market provides analysis and insights into various factors expected to be prevalent throughout the forecast period.

U.S. aluminium demand outpaces GDP growth

The Aluminum Association in the U.S. has released preliminary estimates as part of its monthly ‘Aluminum Situation’ report, showing an estimated 7.7% demand growth for the aluminium industry in North America (U.S. and Canada) in 2021. This outpaced estimated 5.7% Gross Domestic Product (GDP) growth in the United States in 2021.

New BMW press shop at South Carolina plant

BMW will invest more than US$ 200 million to construct a 219,000-square-foot press shop at its South Carolina plant in the U.S. The investment includes more than 200 new jobs. The announcement was made by BMW Manufacturing President and CEO, Dr. Robert Engelhorn, at the South Carolina Automotive Summit in Greenville, SC, USA.

EuroBLECH 2022 in focus

Don’t miss this year’s EuroBLECH exhibition in Hanover, Germany, from 25-28 October 2022. It is the largest trade exhibition for the sheet metal working industry and attracts top industry professionals from all over the world. It targets sheet metal working specialists at all management levels in small and medium-sized companies as well as large enterprises.

New Spanish smart manufacturing association

A new Spanish smart manufacturing technologies association, STECH, was agreed by the AFM Board of management (the association behind AFM Cluster) on 16 December 2021. It aims to represent and group together companies that offer digitalisation, automation and robotics, and maintenance services for advanced manufacturing.

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