Global automotive sheet metal components market to reach $160.52 billion by 2025

The global automotive sheet metal components market is poised to grow at a CAGR of about 4.9 percent over the next decade to reach approximately $160.52 billion by 2025, according to Dublin-based Research and Markets in a newly released report.

Some of the prominent trends in the market are rising demand for lightweight vehicles worldwide, continued strong demand for high-strength steel, recent technological developments in sheet metal components, and growth and investment opportunities.

For more information about the report, visit www.researchandmarkets.com/research/hpsqc7/global_automotive.