Machine Shops, Turned Product, And Screw, Nut, And Bolt Global Market Report 2021 by The Business Research Company is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact – both negative and positive – of COVID-19 on the machine shops, turned product, and screw, nut, and bolt industry gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. This includes revised market numbers according to the effects of the coronavirus and the expected machine shops, turned product, and screw, nut, and bolt market growth numbers 2021-2030.
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The Machine Shops, Turned Product, And Screw, Nut, And Bolt Global Market Report 2020-30 by The Business Research Company provides an in-depth analysis of the global machine shops, turned product, and screw, nut, and bolt market and covers both the historic period, 2015 to 2020, and the forecast period, 2020 to 2030. The report evaluates the market and major economies across the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The Machine Shops, Turned Product, And Screw, Nut, And Bolt Global Market Report 2021 covers machine shops, turned product, and screw, nut, and bolt market drivers, machine shops, turned product, and screw, nut, and bolt market trends, machine shops, turned product, and screw, nut, and bolt market growth rate, machine shops, turned product, and screw, nut, and bolt market major players, player-adopted strategies in the market, and machine shops, turned product, and screw, nut, and bolt market size.
The global machine shops, turned product, and screw, nut, and bolt market is expected to grow from $403.6 billion in 2019 to $351.5 billion in 2020 at a compound annual growth rate (CAGR) of -13%. 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 7% from 2021 and reach $424.6 billion in 2023.
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The report covers the machine shops, turned product, and screw, nut, and bolt market segment-
By Type: Turned Product And Screw, Nut, And Bolt, Machine Shops Subsegments Covered: Nonthreaded Metal Fasteners, Threaded Metal Fasteners, Others
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