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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Global Sheet Metal Fabrication Services Market Outlook
The global sheet metal fabrication services market is expected grow in the forecast period 2024-2032 at a CAGR of 2%.
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The market is driven by the increasing demand for manufactured metal parts from major end-user industries. The Asia Pacific was the largest sheet metal fabrication services industry in 2020. The region is expected to be the fastest-growing region in the forecast period.
Market Segmentation
Sheet metal fabrication is a method of subtractive processing by which sheet metal is cut to produce parts.
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The market can be broadly categorised based on forms, materials, and end-uses.
The market is divided based on form into:
- Bend Sheet
- Punch Sheet
- Cut Sheet
- Other Forms
The market is segmented based on material into:
- Silver
- Aluminium
- Others
The market is divided based on its end-uses into:
- Industrial Machinery
- Construction
- Aerospace and Defence
- Automotive
- Electronics
- Telecommunication
- Others
The EMR report looks into the regional markets of sheet metal fabrication services like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
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Market Analysis
The aerospace and automotive and defence industries are the main end-users of the sheet metal. Throughout the forecast period, investment in these industries around the world would fuel the sheet metal fabrication services industry growth. Also, the emerging market trends in the sheet metal manufacturing services, such as the growing adoption of cobots or collaborative robots in the process of metal manufacturing, will contribute to the market growth of sheet metal fabrication services.
Competitive Landscape
The report presents a detailed analysis of the following key players in the global sheet metal fabrication services industry, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- All Metals Fabricating, Inc.
- BTD Manufacturing, Inc.
- Classic Sheet Metal, Inc.
- Mayville Engineering Company, Inc.
- Marlin Steel Wire Products LLC
- Dynamic Aerospace Fabrications Ltd
- Kapco Metal Stamping
- Metcam Inc.
- Noble Industries, Inc.
- Ryerson Holding Corporation
- Others
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter's Five Forces model.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Form |
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| Breakup by Material |
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| Breakup by End Use |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The market is expected to grow at a CAGR of 2% between 2024 and 2032.
The major drivers expected to aid the market growth are the growing demand for manufactured metal parts from various end-use sectors, rising demand from the developing regions, increasing urbanisation, growing aerospace and defence sector, and rapid technological advancements.
Increasing adoption of cobots, i.e., collaborative robots, to manufacture metal sheets is the key market trend guiding the growth of the market.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, with the Asia Pacific accounting for the largest share in the market.
Bend sheet, punch sheet, and cut sheet, among others, are the major forms of sheet metal fabrication services in the market.
Silver and aluminium, among others, are the significant materials of sheet metal fabrication services in the market.
The major end use sectors in the market include industrial machinery, construction, aerospace and defence, automotive, electronics, and telecommunication, among others.
The major players in the global sheet metal fabrication services market are All Metals Fabricating, Inc., BTD Manufacturing, Inc., Classic Sheet Metal, Inc., Mayville Engineering Company, Inc., Marlin Steel Wire Products LLC, Dynamic Aerospace Fabrications Ltd, Kapco Metal Stamping, Metcam Inc., Noble Industries, Inc., and Ryerson Holding Corporation, among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124