Market Overview:
The global sheet metal fabrication services market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for sheet metal fabrication services from various end-use industries, such as manufacturing, construction, aerospace, automotive, architecture, electronics and food processing. In addition, the growing demand for lightweight and durable sheet metal products is also contributing to the growth of this market. The steel segment is expected to dominate the global sheet metal fabrication services market during the forecast period owing to its high strength-to-weight ratio and durability. The aluminum segment is projected to grow at a higher CAGR than other segments during the forecast period due its properties such as light weight and corrosion resistance.
Product Definition:
Sheet metal fabrication is the process of creating a three-dimensional object from a two-dimensional sheet of metal. The sheet is first cut to size, then folded or bent to create the desired shape. Finally, it is welded or riveted into place.
Sheet metal fabrication services are important because they allow businesses and individuals to create custom objects out of metal sheets. This can be useful for everything from making tools and equipment to creating art projects or decorative items.
Steel:
Steel is a metal alloy of iron and other metals, which is mainly used in the fabrication of various products such as cars, buildings, appliances and machinery. It has high tensile strength & hardness along with low yield point which makes it suitable for applications where durability is required. Steel also has good corrosion resistance properties but poor ductility & yield point due to which it finds application in construction activities too.
Aluminum:
Aluminum is a lightweight, strong, and versatile metal that is used in various applications across industries. It can be easily fabricated by using various fabrication methods such as the rolling process, folding process and the drawing process.
Application Insights:
The manufacturing segment dominated the global sheet metal fabricationation services market in 2017, accounting for a share of over 40.0% in terms of revenue. The growth can be attributed to the increasing demand for automobiles and industrial machinery across the globe. In addition, favorable government policies and tax rebates offered on installing energy-efficient products are expected to drive industry expansion over the forecast period.
The construction segment is anticipated to witness significant growth over the forecast period owing to rising infrastructure development activities globally as a result of rapid urbanization along with technological advancements that have facilitated ease of use in construction activities such as welding and cutting equipment. Furthermore, growing emphasis on green buildings coupled with an increase in spending power consumers is likely to fuel product demand worldwide over the coming years.
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, manufacturing and aerospace companies. In addition, rising disposable income coupled with rapid urbanization has resulted in increased demand for consumer electronics products such as smartphones and laptops. This trend is projected to have a positive impact on industry growth over the next eight years.
Europe accounted for a significant share of global revenue in 2017 owing to high demand from several end-use industries including manufacturing, construction and transportation & storage sectors that are facing severe challenges due to lack of skilled workforce across member states including Germany, Italy Spain France Russia etc., thus creating an opportunity for Sheet Metal Fabricators (SMF) across Europe offering their services through various distribution channels such as direct sales force; third-party distributors; online portals; career websites etc.; thereby driving regional growth.
Growth Factors:
- Increasing demand for lightweight and fuel-efficient vehicles
- Growing automotive sector in developing countries
- Rising demand for customized sheet metal fabrication services
- Technological advancements in sheet metal fabrication processes
- Growing popularity of electric vehicles
Scope Of The Report
Report Attributes
Report Details
Report Title
Sheet Metal Fabrication Services Market Research Report
By Type
Steel, Aluminum, Others
By Application
Manufacturing, Construction, Aerospace, Automotive, Architecture, Electronics, Food Processing, Telecommunication, Others
By Companies
All Metals Fabricating, BTD Manufacturing, Classic Sheet Metal, Hydram Sheet Metalwork, The Metalworking Group, Kapco Metal Stamping, Marlin Steel Wire Products, Mayville Engineering Company, Metcam, Moreng Meta, Noble Industries, Standard Iron & Wire Works
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
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Sheet Metal Fabrication Services Market Report Segments:
The global Sheet Metal Fabrication Services market is segmented on the basis of:
Types
Steel, Aluminum, Others
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
Manufacturing, Construction, Aerospace, Automotive, Architecture, Electronics, Food Processing, Telecommunication, 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:
- All Metals Fabricating
- BTD Manufacturing
- Classic Sheet Metal
- Hydram Sheet Metalwork
- The Metalworking Group
- Kapco Metal Stamping
- Marlin Steel Wire Products
- Mayville Engineering Company
- Metcam
- Moreng Meta
- Noble Industries
- Standard Iron & Wire Works
Highlights of The Sheet Metal Fabrication Services 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:
- Steel
- Aluminum
- Others
- By Application:
- Manufacturing
- Construction
- Aerospace
- Automotive
- Architecture
- Electronics
- Food Processing
- Telecommunication
- 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 Sheet Metal Fabrication Services 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Sheet metal fabrication services are a type of manufacturing service that fabricates metal parts using a variety of welding and cutting techniques. These services can be used to create products such as frames, panels, and components for vehicles, machines, and other equipment.
Some of the major companies in the sheet metal fabrication services market are All Metals Fabricating, BTD Manufacturing, Classic Sheet Metal, Hydram Sheet Metalwork, The Metalworking Group, Kapco Metal Stamping, Marlin Steel Wire Products, Mayville Engineering Company, Metcam, Moreng Meta, Noble Industries, Standard Iron & Wire Works.
The sheet metal fabrication services market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Sheet Metal Fabrication Services 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 Sheet Metal Fabrication Services Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Sheet Metal Fabrication Services 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 Sheet Metal Fabrication Services 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 Sheet Metal Fabrication Services Market Size & Forecast, 2018-2028 4.5.1 Sheet Metal Fabrication Services Market Size and Y-o-Y Growth 4.5.2 Sheet Metal Fabrication Services Market Absolute $ Opportunity
Chapter 5 Global Sheet Metal Fabrication Services 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 Sheet Metal Fabrication Services Market Size Forecast by Type
5.2.1 Steel
5.2.2 Aluminum
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Sheet Metal Fabrication Services 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 Sheet Metal Fabrication Services Market Size Forecast by Applications
6.2.1 Manufacturing
6.2.2 Construction
6.2.3 Aerospace
6.2.4 Automotive
6.2.5 Architecture
6.2.6 Electronics
6.2.7 Food Processing
6.2.8 Telecommunication
6.2.9 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Sheet Metal Fabrication Services 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 Sheet Metal Fabrication Services 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 Sheet Metal Fabrication Services Analysis and Forecast
9.1 Introduction
9.2 North America Sheet Metal Fabrication Services 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 Sheet Metal Fabrication Services Market Size Forecast by Type
9.6.1 Steel
9.6.2 Aluminum
9.6.3 Others
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 Sheet Metal Fabrication Services Market Size Forecast by Applications
9.10.1 Manufacturing
9.10.2 Construction
9.10.3 Aerospace
9.10.4 Automotive
9.10.5 Architecture
9.10.6 Electronics
9.10.7 Food Processing
9.10.8 Telecommunication
9.10.9 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 Sheet Metal Fabrication Services Analysis and Forecast
10.1 Introduction
10.2 Europe Sheet Metal Fabrication Services 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 Sheet Metal Fabrication Services Market Size Forecast by Type
10.6.1 Steel
10.6.2 Aluminum
10.6.3 Others
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 Sheet Metal Fabrication Services Market Size Forecast by Applications
10.10.1 Manufacturing
10.10.2 Construction
10.10.3 Aerospace
10.10.4 Automotive
10.10.5 Architecture
10.10.6 Electronics
10.10.7 Food Processing
10.10.8 Telecommunication
10.10.9 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 Sheet Metal Fabrication Services Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Sheet Metal Fabrication Services 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 Sheet Metal Fabrication Services Market Size Forecast by Type
11.6.1 Steel
11.6.2 Aluminum
11.6.3 Others
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 Sheet Metal Fabrication Services Market Size Forecast by Applications
11.10.1 Manufacturing
11.10.2 Construction
11.10.3 Aerospace
11.10.4 Automotive
11.10.5 Architecture
11.10.6 Electronics
11.10.7 Food Processing
11.10.8 Telecommunication
11.10.9 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 Sheet Metal Fabrication Services Analysis and Forecast
12.1 Introduction
12.2 Latin America Sheet Metal Fabrication Services 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 Sheet Metal Fabrication Services Market Size Forecast by Type
12.6.1 Steel
12.6.2 Aluminum
12.6.3 Others
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 Sheet Metal Fabrication Services Market Size Forecast by Applications
12.10.1 Manufacturing
12.10.2 Construction
12.10.3 Aerospace
12.10.4 Automotive
12.10.5 Architecture
12.10.6 Electronics
12.10.7 Food Processing
12.10.8 Telecommunication
12.10.9 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) Sheet Metal Fabrication Services Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Sheet Metal Fabrication Services 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) Sheet Metal Fabrication Services Market Size Forecast by Type
13.6.1 Steel
13.6.2 Aluminum
13.6.3 Others
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) Sheet Metal Fabrication Services Market Size Forecast by Applications
13.10.1 Manufacturing
13.10.2 Construction
13.10.3 Aerospace
13.10.4 Automotive
13.10.5 Architecture
13.10.6 Electronics
13.10.7 Food Processing
13.10.8 Telecommunication
13.10.9 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 Sheet Metal Fabrication Services Market: Competitive Dashboard
14.2 Global Sheet Metal Fabrication Services Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 All Metals Fabricating
14.3.2 BTD Manufacturing
14.3.3 Classic Sheet Metal
14.3.4 Hydram Sheet Metalwork
14.3.5 The Metalworking Group
14.3.6 Kapco Metal Stamping
14.3.7 Marlin Steel Wire Products
14.3.8 Mayville Engineering Company
14.3.9 Metcam
14.3.10 Moreng Meta
14.3.11 Noble Industries
14.3.12 Standard Iron & Wire Works