According to a new report on ResearchandMarkets, the global market for sheet-metal fabrication services, estimated at US$ 14.8 billion in the year 2020, is projected to reach a revised size of US$17.7 billion by 2027, growing at a CAGR of 2.6% from 2020-2027.
The global metal stamping market is projected to be worth US$ 250 billion by 2027 at a CAGR of 3.5%, according to a new report on ResearchAndMarkets.com. It had already reached a value of US$ 198.3 billion in 2021, it confirmed.
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.
Over 6% of total EU employment is linked to the automotive sector, and the sector’s turnover represents over 7% of EU Gross Domestic Product (GDP). At the same time, the automotive sector is a major private investor in research and development (R&D).
The "Sheet Metal Fabrication Services - Global Market Trajectory and Analytics" report was recently added to ResearchAndMarkets.com's portfolio. Amid the COVID-19 pandemic, the global market for sheet metal fabrication services is estimated at US$ 14.8 billion in the year 2020, according to the report. It is projected to reach a revised size of US$ 17.2- billion by 2026, growing at a CAGR of 2.6% over the analysis period.
According to updated research (from ResearchAndMarkets.com), amidst the COVID-19 crisis, the global market for sheet metal estimated at US$ 71.9 billion in the year 2020, is projected to reach a revised size of US$ 86 billion by 2027, growing at a CAGR of 2.6% over the analysis period 2020-2027.
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