Global Sheet Metal Processing Equipment Market 2021-2025 The analyst has been monitoring the sheet metal processing equipment market and it is poised to grow by $ 5. 57 bn during 2021-2025 progressing at a CAGR of 10% during the forecast period.
New York, Jan. 29, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Sheet Metal Processing Equipment Market 2021-2025" - https://www.reportlinker.com/p05713260/?utm_source=GNW
Our report on sheet metal processing equipment 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 global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the rising industrial automation globally, growing demand for CNC machines and growth of construction industry in many countries. In addition, rising industrial automation globally is anticipated to boost the growth of the market as well.
The sheet metal processing equipment market analysis includes application segment and geographical landscapes.
The sheet metal processing equipment market is segmented as below:
- By Application
- Metal cutting
- Metal forming
- Metal welding
- By Geography
- North America
- South America
This study identifies the increasing penetration of industry 4.0 as one of the prime reasons driving the sheet metal processing equipment market growth during the next few years. Also, emergence of friction-stir welding technology and rising popularity of all-electric vehicles influencing demand for sheet metal processing equipment will lead to sizable demand in the market.
The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on sheet metal processing equipment market covers the following areas:
- Sheet metal processing equipment market sizing
- Sheet metal processing equipment market forecast
- Sheet metal processing equipment market industry analysis
Read the full report: https://www.reportlinker.com/p05713260/?utm_source=GNW
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