PUBLISHER: TechNavio | PRODUCT CODE: 1261951
PUBLISHER: TechNavio | PRODUCT CODE: 1261951
Technavio has been monitoring the sheet metal market and is forecast to grow by USD 73.29 bn during 2022-2027, accelerating at a CAGR of 3.84% during the forecast period. Our report on the sheet metal market provides a holistic analysis, market size, and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growth in the machine tools market, growth in the manufacturing sector, and increasing construction activities in developing regions.
Technavio's sheet metal market is segmented as below:
By End-user
By Material
By Geography
This study identifies the adoption of 3D (3 dimensional) technologies for sheet metal production as one of the prime reasons driving the sheet metal market growth during the next few years. Also, advances in the aluminum market and a rise in the number of skyscrapers will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters. Our report on the sheet metal market covers the following areas:
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading sheet metal market vendors that include ABC Sheet Metal, Acosta Sheet Metal Manufacturing Inc., Aditya Birla Management Corp. Pvt. Ltd., Alcoa Corp., Arconic Corp., Baosteel Group Corp., Bud Industries Inc., Cadrex, Constellium SE, General Sheet Metal Works Inc., JFE Holdings Inc., Kaiser Aluminum Corp., Nippon Steel Corp., POSCO holdings Inc., Prototek Holdings LLC, Shanghai Metal Corp., Tata BlueScope Steel Pvt. Ltd., Tata Sons Pvt. Ltd., United States Steel Corp., and Hulamin Ltd.. Also, the sheet metal market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
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