Metal Stamping Market Projected To Raise At USD 316.72 Billion By 2030
San Francisco, 17 April 2024: The Report Metal Stamping Market Size, Share & Trends Analysis Report By Process (Blanking, Embossing), By Application (Automotive, Industrial Machinery), By Press Type, By Thickness, By Region, And Segment Forecasts, 2024 - 2030 The global metal stamping market size is expected to reach USD 316.72 billion by 2030, registering a CAGR of 4.2% over the forecast period, according to a new report by Grand View Research, Inc. The increasing production of automobiles is anticipated to drive the demand for metal stamping as it is used in the manufacturing of car body panels, transmission components, and interior and exterior structural components. Automobile consumers are shifting their focus towards lightweight vehicles on account of rising concerns about environmental pollution. According to LMC Automotive, U.S. light vehicles sales reached around 14.5 million in 2020 and are expected to reach nearly 15.8 million by 2022. The growing demand for lightwe