The Business Research Company’s latest report Motor Vehicle Body, Metal Stamping & Other Parts Global Market Report 2020 covers Motor Vehicle Body, Metal Stamping & Other Parts market drivers, Motor Vehicle Body, Metal Stamping & Other Parts market trends, Motor Vehicle Body, Metal Stamping & Other Parts market segments, Motor Vehicle Body, Metal Stamping & Other Parts market growth rate, Motor Vehicle Body, Metal Stamping & Other Parts market major players, and Motor Vehicle Body, Metal Stamping & Other Parts market size. The report provides in-depth analysis of the impact of COVID-19 on the Motor Vehicle Body, Metal Stamping & Other Parts industry, along with revised market numbers due to the effects of the coronavirus.
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The global motor vehicle body, metal
stamping & other parts market is expected to decline from $1425.8 billion
in 2019 to $1400.6 billion in 2020 at a compound annual growth rate (CAGR) of
-1.8%. The decline is mainly due to economic slowdown across countries owing to
the COVID-19 outbreak and the measures to contain it. The market is then
expected to recover and grow at a CAGR of 9% from 2021 and reach $1757.6
billion in 2023.
The report covers
the Motor Vehicle Body, Metal Stamping & Other Parts market’s segments-
1) By Type: Motor
Vehicle Body, Metal Stamping, Other Parts
2) By
Application: Passenger Vehicle, Commercial Vehicle
3) By End Use:
OEM, Aftermarket.
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