United States Precision Parts Market 2021-2026: Opportunities in the Rising Prominence Of EVs in US, Application of Additive Manufacturing Across Industries & Industry 4.0 – ResearchAndMarkets.com


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The "U.S. Precision Parts Market 2021-2026" report has been added to ResearchAndMarkets.com's offering. The U.S. precision parts market by revenue is expected to grow at a CAGR of over 12% during the period 2021-2026. The U.S. market is likely to grow due to the increasing prominence of electric vehicles (EV). Significant updates in regulations by the United States Environment Protection Agency and the availability of attractive tax and credit incentives by federal governments have driven the demand and sales volume of electric vehicles rapidly in the country. Hence, the increasing importance of electric cars in the US markets has led...