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Showing posts with the label Metal Stamping Market Size

Metal Stamping Market Projected To Raise At USD 316.72 Billion By 2030

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  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

Metal Stamping Market To Witness A Significant Growth Of USD 310.69 Billion By 2030

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  San Francisco, 9 June 2023:  The Report   Metal Stamping Market  Size, Share & Trends Analysis Report By Process (Blanking, Embossing), By Application (Automotive, Industrial Machinery), By Region, And Segment Forecasts, 2023 - 2030 The global metal stamping market size is expected to reach USD 310.69 billion by 2030, registering a CAGR of 4.9% 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 lightweight vehicles is encouraging a

Metal Stamping Market To Bolster The Industry Growth To Reach $ 299.63 Billion By 2025 : Grand View Research Inc.

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San Francisco, 22 October 2019:   The Report   Metal Stamping Market   Size, Share & Trends Analysis Report By Process (Embossing, Blanking, Bending), By Application (Automotive, Industrial Machinery), By Region (MEA, North America, APAC), And Segment Forecasts, 2019 – 2025 The global metal stamping market size is expected to reach USD 299.63 billion by 2025 registering a CAGR of 4.2%, according to a new report by Grand View Research, Inc. Growing demand from the automotive and electronics sectors is projected to augment the market development. Increasing global trade and rising competition are major drivers for the automotive industry. Asia is one of the major producers and consumers of automobiles. For instance, the Indian auto components sector reached around USD 51.2 billion in 2017. This sector accounts for 2.3 percent of country’s GDP. These factors are projected to drive the market. Moreover, major companies, such as Honda, Toyota, General Motors, Daimler Chrysler, and