Global Structural Steel Fabrication Market Growth (Status and Outlook) 2024-2030

Global Structural Steel Fabrication Market Growth (Status and Outlook) 2024-2030

Fabrication of structural steel requires highly skilled professionals with experience in transforming a raw material into various marketable products. Structural steel is mostly utilized in heavy industrial processes, wherein fabricated steel is required. After cutting, blending, and assembling of steel, fabricators need to decide the shape of metal as per the requirement of the customer. Most structural steel fabricators use cutting-edge technology to keep track of the operation and maintain proficiency. Structural steel fabrication workshops work on multiple value-added services under a single roof, which include welding, cutting, machining, and shearing.

The global Structural Steel Fabrication market size is projected to grow from US$ 114250 million in 2023 to US$ 135710 million in 2030; it is expected to grow at a CAGR of 2.5% from 2024 to 2030.

LPI (LP Information)' newest research report, the “Structural Steel Fabrication Industry Forecast” looks at past sales and reviews total world Structural Steel Fabrication sales in 2023, providing a comprehensive analysis by region and market sector of projected Structural Steel Fabrication sales for 2024 through 2030. With Structural Steel Fabrication sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Structural Steel Fabrication industry.

This Insight Report provides a comprehensive analysis of the global Structural Steel Fabrication landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Structural Steel Fabrication portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Structural Steel Fabrication market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Structural Steel Fabrication and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Structural Steel Fabrication.

Asia Pacific held a prominent share of the global market, accounting for nearly half the share of the global market, in 2017. However, the market in North America is anticipated to expand at a CAGR of 2.71% from 2017 to 2026. Expansion of the market in North America is primarily attributed to the expansion of construction and manufacturing industries in the region. Expansion of the automotive sector has positively influenced the market for structural steel fabrication in Europe.

This report presents a comprehensive overview, market shares, and growth opportunities of Structural Steel Fabrication market by product type, application, key players and key regions and countries.

Segmentation by type
Metal Welding
Metal Forming
Metal Cutting
Metal Shearing
Metal Stamping
Metal Rolling
Others

Segmentation by application
Construction
Automotive
Manufacturing
Energy & Power
Electronics
Defense & Aerospace
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
O'Neal Manufacturing Service
BTD Manufacturing
Kapco
Mayville Engineering Company
Watson Engineering
Defiance Metal Products
Standard Iron & Wire Works
Ironform Corporation
EVS Metal
LancerFab Tech Pvt. Ltd
Interplex Holdings Pte. Ltd

Please note: The report will take approximately 2 business days to prepare and deliver.