Market Overview:
The global metal fabrication market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for metal fabricated products from various end-use industries such as construction, automotive, aerospace, manufacturing, energy & power and electronics. In addition, the growing demand for lightweight and fuel-efficient vehicles is also propelling the growth of the global metal fabrication market. On the basis of type, the global metal fabrication market can be segmented into welding, machining, forming, shearing,, cutting,, folding,, rolling,, stamping and punching. Among these segments welding held a dominant share in 2017 and is expected to maintain its dominance duringthe forecast period as well owingto its high usage in heavy-duty applications across various end-use industries. On account of rising concerns over environmental pollution levels generated by traditional manufacturing processes such as machining and stamping; there has been an increase in adoption of laser beam welding technology which offers superior quality welds with low emissions levels when compared with other welding processes. This is likely to boostthe growthof this segmentduringthe forecastperiod .
Product Definition:
Metal fabrication is the process of creating metal structures by cutting, bending, and welding pieces of metal. It is an important industrial process that allows for the creation of everything from small parts to large structures. Metal fabrication can be used in a variety of industries, including automotive manufacturing, aerospace engineering, and construction.
Metal Welding:
Metal welding is a process of joining two or more metals with the help of heat and pressure. It is one of the important processes in fabrication, which involves various techniques like arc welding, gas metal-arc (MIG) welding, electron beam melting (EBM), etc. to make joints between different components during manufacturing activities.
Metal Machining:
Metal machining is the process of converting a metal workpiece by means of tools or machinery. Metal working is carried out with the help of metals such as aluminum, copper, brass and steel among others. The raw materials required for metalworking are usually soft and ductile in nature such as iron & steel which can be altered easily by heat & cold; harden into tough & strong material like titanium.
The global market size was valued at USD 28 billion in 2015.
Application Insights:
The manufacturing segment dominated the global metal fabrication by application and accounted for a revenue share of over 30.0% in 2017. The rising demand for industrial machinery, automotive components, consumer goods, and construction products is expected to drive the growth of this industry over the forecast period.
Aerospace was one of the prominent applications that contributed significantly to industry growth in 2017 owing to increasing use of aluminum alloys in aircraft structures such as wings, fuselage doors and landing gear systems among others. In addition to being lightweight compared with other metals; aluminum has excellent strength-to-weight ratio which makes it suitable for aerospace applications where high performance is required from a light weight product.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to some of the largest automotive, construction, consumer electronics and manufacturing companies. These companies are investing aggressively in automation technologies owing to rising labor costs as well as increasing demand for high-quality metal products from their customers.
The Asia Pacific economy has been growing at a significant rate since 2010 on account of strong GDP growth rates coupled with expanding population bases in key economies such as China, India, Indonesia and Thailand. In addition, rapid urbanization coupled with increased government spending on infrastructure development has resulted in increased demand for metal fabrication services across this region over the past few years.
Growth Factors:
- Increasing demand for metal fabrication in the automotive and aerospace industries
- Growing popularity of 3D printing and additive manufacturing technologies
- Rising demand for customized metal products
- Proliferation of advanced manufacturing technologies
- Growing need to reduce manufacturing costs
Scope Of The Report
Report Attributes
Report Details
Report Title
Metal Fabrication Market Research Report
By Type
Metal Welding, Metal Machining, Metal Forming, Metal Shearing, Metal Cutting, Metal Folding, Metal Rolling, Metal Stamping, Metal Punching
By Application
Construction, Automotive, Aerospace, Manufacturing, Energy & Power, Electronics, Others
By Companies
O’Neal Manufacturing Service, BTD Manufacturing, Matcor-Matsu Group, Mayville Engineering Comp, Defiance Metal Products
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
224
Number of Tables & Figures
157
Customization Available
Yes, the report can be customized as per your need.
Global Metal Fabrication Market Report Segments:
The global Metal Fabrication market is segmented on the basis of:
Types
Metal Welding, Metal Machining, Metal Forming, Metal Shearing, Metal Cutting, Metal Folding, Metal Rolling, Metal Stamping, Metal Punching
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Construction, Automotive, Aerospace, Manufacturing, Energy & Power, Electronics, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- O’Neal Manufacturing Service
- BTD Manufacturing
- Matcor-Matsu Group
- Mayville Engineering Comp
- Defiance Metal Products
Highlights of The Metal Fabrication Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Metal Welding
- Metal Machining
- Metal Forming
- Metal Shearing
- Metal Cutting
- Metal Folding
- Metal Rolling
- Metal Stamping
- Metal Punching
- By Application:
- Construction
- Automotive
- Aerospace
- Manufacturing
- Energy & Power
- Electronics
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Metal Fabrication Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Metal fabrication is the process of creating metal objects from a variety of raw materials. The most common metals used for fabrication are aluminum, brass, copper, iron, and steel. Metal fabricators use a variety of techniques to create finished products from these raw materials. Common methods include casting, forging, machining (including CNC), and welding.
Some of the major players in the metal fabrication market are O¢â‚¬â„¢Neal Manufacturing Service, BTD Manufacturing, Matcor-Matsu Group, Mayville Engineering Comp, Defiance Metal Products.
The metal fabrication market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Metal Fabrication Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Metal Fabrication Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Metal Fabrication Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Metal Fabrication Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Metal Fabrication Market Size & Forecast, 2018-2028
4.5.1 Metal Fabrication Market Size and Y-o-Y Growth
4.5.2 Metal Fabrication Market Absolute $ Opportunity
Chapter 5 Global Metal Fabrication Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Metal Fabrication Market Size Forecast by Type
5.2.1 Metal Welding
5.2.2 Metal Machining
5.2.3 Metal Forming
5.2.4 Metal Shearing
5.2.5 Metal Cutting
5.2.6 Metal Folding
5.2.7 Metal Rolling
5.2.8 Metal Stamping
5.2.9 Metal Punching
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Metal Fabrication Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Metal Fabrication Market Size Forecast by Applications
6.2.1 Construction
6.2.2 Automotive
6.2.3 Aerospace
6.2.4 Manufacturing
6.2.5 Energy & Power
6.2.6 Electronics
6.2.7 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Metal Fabrication Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Metal Fabrication Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Metal Fabrication Analysis and Forecast
9.1 Introduction
9.2 North America Metal Fabrication Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Metal Fabrication Market Size Forecast by Type
9.6.1 Metal Welding
9.6.2 Metal Machining
9.6.3 Metal Forming
9.6.4 Metal Shearing
9.6.5 Metal Cutting
9.6.6 Metal Folding
9.6.7 Metal Rolling
9.6.8 Metal Stamping
9.6.9 Metal Punching
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Metal Fabrication Market Size Forecast by Applications
9.10.1 Construction
9.10.2 Automotive
9.10.3 Aerospace
9.10.4 Manufacturing
9.10.5 Energy & Power
9.10.6 Electronics
9.10.7 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Metal Fabrication Analysis and Forecast
10.1 Introduction
10.2 Europe Metal Fabrication Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Metal Fabrication Market Size Forecast by Type
10.6.1 Metal Welding
10.6.2 Metal Machining
10.6.3 Metal Forming
10.6.4 Metal Shearing
10.6.5 Metal Cutting
10.6.6 Metal Folding
10.6.7 Metal Rolling
10.6.8 Metal Stamping
10.6.9 Metal Punching
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Metal Fabrication Market Size Forecast by Applications
10.10.1 Construction
10.10.2 Automotive
10.10.3 Aerospace
10.10.4 Manufacturing
10.10.5 Energy & Power
10.10.6 Electronics
10.10.7 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Metal Fabrication Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Metal Fabrication Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Metal Fabrication Market Size Forecast by Type
11.6.1 Metal Welding
11.6.2 Metal Machining
11.6.3 Metal Forming
11.6.4 Metal Shearing
11.6.5 Metal Cutting
11.6.6 Metal Folding
11.6.7 Metal Rolling
11.6.8 Metal Stamping
11.6.9 Metal Punching
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Metal Fabrication Market Size Forecast by Applications
11.10.1 Construction
11.10.2 Automotive
11.10.3 Aerospace
11.10.4 Manufacturing
11.10.5 Energy & Power
11.10.6 Electronics
11.10.7 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Metal Fabrication Analysis and Forecast
12.1 Introduction
12.2 Latin America Metal Fabrication Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Metal Fabrication Market Size Forecast by Type
12.6.1 Metal Welding
12.6.2 Metal Machining
12.6.3 Metal Forming
12.6.4 Metal Shearing
12.6.5 Metal Cutting
12.6.6 Metal Folding
12.6.7 Metal Rolling
12.6.8 Metal Stamping
12.6.9 Metal Punching
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Metal Fabrication Market Size Forecast by Applications
12.10.1 Construction
12.10.2 Automotive
12.10.3 Aerospace
12.10.4 Manufacturing
12.10.5 Energy & Power
12.10.6 Electronics
12.10.7 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Metal Fabrication Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Metal Fabrication Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Metal Fabrication Market Size Forecast by Type
13.6.1 Metal Welding
13.6.2 Metal Machining
13.6.3 Metal Forming
13.6.4 Metal Shearing
13.6.5 Metal Cutting
13.6.6 Metal Folding
13.6.7 Metal Rolling
13.6.8 Metal Stamping
13.6.9 Metal Punching
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Metal Fabrication Market Size Forecast by Applications
13.10.1 Construction
13.10.2 Automotive
13.10.3 Aerospace
13.10.4 Manufacturing
13.10.5 Energy & Power
13.10.6 Electronics
13.10.7 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Metal Fabrication Market: Competitive Dashboard
14.2 Global Metal Fabrication Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 O’Neal Manufacturing Service
14.3.2 BTD Manufacturing
14.3.3 Matcor-Matsu Group
14.3.4 Mayville Engineering Comp
14.3.5 Defiance Metal Products
