Global Metal fabrication Market was valued at USD 20.0 billion in 2021 and is expected to reach USD 29.46 billion by 2029, registering a CAGR of 4.7% during the forecast period of 2022-2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and climate chain scenario.
Industry Analysis
The increased advancements in domains such as computerization and robotics are paving the way for new age technologies and solutions to be implemented in the global metal fabrication market. Over the forecasted period, rising demand for metal processing and machining in various growing nations around the world is expected to boost the global metal fabrication market. Consequently, the market is anticipated to witness lucrative growth.
Metal fabrication is producing metal structures and assemblies from raw metalwork elements. This is referred to be a value-added service since it uses multiple methods such as metal welding, metal machining, metal shaping, and metal cutting to totally distort the raw material and build a completely new structure. Welding, cutting, machining, and shearing are just a few of the value-added services offered by metal fabrication facilities. Metal fabricators provide value to their customers by offering a comprehensive range of services in one location.
Global Metal fabrication Market Scope
The metal fabrication market is segmented on the basis of service, material and end-users. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Service
- Metal Welding
- Metal Machining
- Metal Forming
- Metal Shearing
- Metal Cutting
- Metal Folding
- Metal Rolling
- Metal Stamping
- Metal Punching
Material
- Steel
- Aluminum
- Others
End-Users
- Construction
- Automotive
- Aerospace
- Manufacturing
- Energy and Power
- Electronics
- Others
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Metal fabrication Market Regional Analysis/Insights
The metal fabrication market is analyzed and market size insights and trends are provided by country, service, material and end-users as referenced above.
The countries covered in the metal fabrication market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the metal fabrication market because of the extensive research and development in China and India due to the close proximity of development and automotive firms, architecture and automotive within the region.
On the other hand, North America is estimated to show lucrative growth during the forecast period of 2022 to 2029 due to the region's huge automotive and ancillary industries.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Metal fabrication Market Share Analysis
The metal fabrication market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to metal fabrication market.
Some of the major players operating in the metal fabrication market are
· O'Neal Manufacturing Services (U.S.)
· Interplex Holdings Pte. Ltd. (Singapore)
· Komaspec (China)
· LancerFab Tech Pvt. Ltd. (India)
· BTD Manufacturing (U.S.)
· Kapco Metal Stamping (U.S.)
· Watson Engineering, Inc. (U.S.)
· Matcor-Matsu Group (Canada)
· STANDARD IRON and WIRE WORKS, INC. (U.S.)
· PA International (Belgium)
· Mayville Engineering Company, Inc. (U.S.)
· Aleris Corporation (U.S.)
· Mazak Corporation (Japan)
· TRUMPF (Germany)
· DMG MORI (Germany)
· weMFG. (U.S.)
· R5 Metal Fabricators, Inc. (U.S.)
· N.W. Metal Fabricators, Inc., (U.S.)
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MAJOR TOC OF THE REPORT
Ø Chapter One: Introduction
Ø Chapter Two: Market Segmentation
Ø Chapter Three: Market Overview
Ø Chapter Four: Executive Summary
Ø Chapter Five: Premium Insights
Ø Chapter Six: Global Metal Fabrication Market by Product & Procedure type
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