According to Cognitive Market Research, the global Sheet Metal Machinery Market will grow at a compound annual growth rate (CAGR) of 4.50% from 2023 to 2030.
Strong demand due to causes, such as the expanding deployment of sector 4.0 systems, the increasing need for autonomous metal-cutting technology, and the swiftly developing worldwide building & construction sector.
Demand for automotive applications remains higher in the Sheet Metal Machinery Market.
The metal cutting equipment category held the highest product of Sheet Metal Machinery Market share in 2023.
In 2023, Asia-Pacific has well-integrated supply chains that support various industries, including automotive, electronics, and construction.
