AWC Industries’ News Share: Global Automotive Wire Forming Market Growth 2019
2019 is shaping up for the wire forming industry, especially in the automotive space. Here, AWC shares recent research report on the Automotive Wire Forming Market with report in depth industry analysis on trends, growth, opportunities and forecast till 2024.
Automotive wire is an important part of automotive electronic control system. It is bonded, twisted, or braided together to form a single assembly as the circuit in an automotive. Automotive wires are used to transmit electric power, data and other signals as voice in the vehicles. It is inclusive of an in-depth analysis that has been projected to assemble substantial returns by the end of the forecasted timeline, indicating an appreciable annual growth rate throughout the estimated period.
According to this study, over the next five years the Automotive Wire market will register a 5.4% CAGR in terms of revenue, the global market size will reach US$ 39200 million by 2024, from US$ 28600 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Automotive Wire business, shared in Chapter 3.
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Wire Forming from AWC Industries
We provide wire bending of ferrous and non-ferrous materials such as steel, stainless steel, aluminum, copper and brass. Utilizing only the finest CNC Forming equipment, we are capable of handling high volume production runs, but can also handle small orders. Some of our typical products include push handles, counter top display racks, decorative wire forms, grids and wire grills. Our objective at AWC Industries is to provide fast and quality service to help you meet your production needs and get your products out to your customers! Find out more here today.
