The global metal manufacturing market is expected to reach around $4000 billion in 2020
Metal Manufacturing Market Global Briefing 2018 covers market characteristics, size and growth, segmentation, regional breakdowns, competitive landscape, market shares, trends and strategies for this market.
Going forward, the market is expected to stabilize due to recovery in developed economies and accelerating growth in emerging and developing markets such as Russia, China, Brazil and India.
Asia Pacific was the largest region in the metal manufacturing market in 2017, accounting for around 60% market share. Western Europe was the second largest region accounting for around 11% market share. Middle East was the smallest region accounting for around 4% market share.
The metals manufacturing industry comprises iron and steel foundries, alumina and aluminum production and processing establishments, iron and steel products manufacturing and iron and steel mills and ferroalloy manufacturing companies.
The metals manufacturing industry can be further classified as follows: Foundries, Nonferrous Metal Production and Processing, Alumina and Aluminum Production and Processing, Steel Product Manufacturing From Purchased Steel, and Iron and Steel Mills and Ferroalloy Manufacturing.
Industrial robotics is gaining traction among companies in the metals industry. This is mainly because industrial robotics aids companies in reducing labor costs, improving workplace safety, and driving productivity and efficiency. Industrial robots have widespread applications in the metals industry performing tasks such as material handling, arc welding, spot welding, cutting, and press tending.
Send us a message and one of our customer service representatives will contact you soon.Contact ×