Global Metal Fabrication Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Metal Fabrication Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Metal manufacturing refers to the process of manufacturing structures and machines from a variety of original metal materials. The process includes assembling, forming, machining, welding, burning and cutting to produce the finished product. Metal manufacturing is basically a value-added process involving the manufacture of structures, parts and machines. The industry is currently highly cyclical and dynamic, and its expansion depends on various end-use sectors. End-use segmentation of the global metal manufacturing market includes energy, construction, aerospace, and automotive.

Market Overview:

The latest research study on the global Metal Fabrication market finds that the global Metal Fabrication market reached a value of USD 17370.34 million in 2022. It’s expected that the market will achieve USD 22851.92 million by 2028, exhibiting a CAGR of 4.68% during the forecast period.

Strength

Development of economy and technology.
Diverse distribution channel.
Excellent performance leads to large demand.

Weakness

Fierce competition within the industry.
Low end product competition in some developing regions.
Raw material price fluctuations.

Opportunity

Increase downstream demand.
Government policy support.
Growing opportunities in emerging markets, such as Asia Pacific.

Threat

Unbalanced areas of technological development.
Adverse effects of trade policy.

Region Overview:

Geographically, United States held the largest market share – 31.52% in 2022.

Company Overview:

O'Neal Manufacturing Inc. is one of the major players operating in the Metal Fabrication market, holding a share of 4.52% in 2023.

O'Neal Manufacturing Inc.

O'Neal Manufacturing Services is a supplier of fabricated metal components and welded assemblies. OMS provides highly integrated, comprehensive manufacturing solutions to original equipment manufacturers across the United States.

Mayville Engineering Company, Inc.

Mayville Engineering Company, Inc. provides metal fabricating services. The Company offers prototyping, manufacturing, production fabricating, coating, and assembly services. Mayville Engineering serves agricultural, construction, military, recreational, and medical industries in the United States.

Segmentation Overview:

Among different product types, Metal Cutting segment is anticipated to contribute the largest market share in 2028.

Application Overview:

In the Metal Fabrication market, 25.86% of the total value was generated through the Construction segment by application in 2022.

Key Companies in the global Metal Fabrication market covered in Chapter 3:

Komaspect
VOTAT SAS
Matcor-Matsu Group Inc.
Mayville Engineering Company, Inc.
Edelstahl-Schmitt
Kapco Inc.
Recol
AMC Sheet Metal Fabrications Ltd
KMF GROUP
Interplex Holdings Pte. Ltd
Standard Iron & Wire Works Inc.
LancerFab Tech Pvt. Ltd.
BTD Manufacturing Inc.
Metalplasma
PA International
FRANCEMETAL
Ironform Corporation
Mudersbach GmbH ＆ Co. KG
Watson Engineering Inc.
O'Neal Manufacturing Inc.

In Chapter 4 and Chapter 14.2, on the basis of types, the Metal Fabrication market from 2018 to 2029 is primarily split into:

Welding
Machining
Metal Forming
Metal Shearing
Metal Cutting
Metal Folding
Metal Rolling
Metal Stamping
Metal Punching

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Metal Fabrication market from 2018 to 2029 covers:

Construction
Automotive
Manufacturing
Energy & Power
Electronics
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)