+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)
Sale

Global Sheet Metal Fabrication Services Market by Form (Bend Sheet, Cut Sheet, Punch Sheet), Material (Aluminium, Brass, Copper), Service Type, Production, End User - Forecast 2023-2030

  • PDF Icon

    Report

  • 185 Pages
  • October 2023
  • Region: Global
  • 360iResearch™
  • ID: 4985956
UP TO OFF until Dec 31st 2024
1h Free Analyst Time
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

The Sheet Metal Fabrication Services Market size was estimated at USD 16.86 billion in 2022, USD 17.45 billion in 2023, and is expected to grow at a CAGR of 3.57% to reach USD 22.33 billion by 2030.

Sheet metal fabrication services encompass a wide range of processes that involve the transformation and manipulation of sheet metal materials to create custom-designed parts, components, and structures for various industries. These services are essential for diverse applications in sectors such as automotive, aerospace, construction, electronics, HVAC, and industrial equipment manufacturing. Increasing demand for lightweight vehicles in the automotive sector to achieve better fuel efficiency and reduce emissions has accelerated the demand for sheet metal fabrication. The emergence of Industry 4.0 also plays a crucial role in enhancing automation in the manufacturing sector, which consequently boosts the demand for advanced sheet metal fabrication technologies. However, high raw material prices coupled with fluctuating global economic scenarios result in inconsistencies in material availability, which can affect profit margins within this competitive landscape. Market players are adopting advanced technologies such as automation, robotics, and artificial intelligence to streamline manufacturing processes and improve cost-efficiency levels. They are also exploring eco-friendly methods of production, such as reducing waste through effective material usage or utilizing renewable energy sources to power facilities and businesses to minimize their environmental impact while adhering to regulatory guidelines.

Regional Insights

The American market for sheet metal fabrication services is characterized by a robust industrial base, a strong focus on innovation, and stringent quality standards. The U.S. and Canada hold a large share within this region due to its well-established manufacturing ecosystem that includes multinational companies. Latin American countries, including Mexico and Brazil, have also experienced increased demand for sheet metal fabrication services due to their developing automotive sectors. Asia represents the fastest-growing market for sheet metal fabrication services due to rapid urbanization, industrialization, and expanding manufacturing capabilities of countries such as China, India, Japan, and South Korea, among others. Asia observes a high concentration of manufacturers providing cost-effective solutions and has become one of the largest exporters of fabricated metal products globally. The growing demand for consumer electronics in Asia has led companies to invest in precision sheet metal fabrication services for producing complex components. Europe is a mature market for sheet metal fabrication services, and its growth is primarily driven by technological advancements and the rising demand for lightweight materials in automotive, aerospace, and renewable energy industries. Germany, France, the UK, and Switzerland hold major market share due to its strong industrial base, which includes leading companies focusing on sustainable development.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Sheet Metal Fabrication Services Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Sheet Metal Fabrication Services Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Sheet Metal Fabrication Services Market, highlighting leading vendors and their innovative profiles. These include Action Fabricating, Inc., All Metals Fabricating, Inc., ARKU Maschinenbau GmbH, Astro Metal Craft., BTD Manufacturing, CAMM Metals Inc., Chain-Ray Corporation, Classic Sheet Metal, Inc., Decimal Engineering, Inc., Deltametal doo, Dow Engifab LLP, Dynamic Metals Group, Estes Design & Manufacturing, Inc., Euroship Service, H&S Manufacturing Co., Harry Burrows Fabrications Ltd., Ironform Corporation, Joseph T. Ryerson & Son, Inc., Kakade Laser, Kapco Metal Stamping, Marlin Steel Wire Products LLC, Mayville Engineering Company, Inc., Metal Working Group, Metcam, Inc., Moreng Metal Products, Inc., Mulan Manufacturing Group, Noble Industries, Inc., Precision Metal Works, LLC, Proto Labs, Inc., Standard Iron & Wire Works, Inc., Staub Manufacturing Solutions, Tempco Manufacturing Company, Inc., Xometry, Inc., Zengin Kalip, and Zeus Exhausts Kft.

Market Segmentation & Coverage

This research report categorizes the Sheet Metal Fabrication Services Market to forecast the revenues and analyze trends in each of the following sub-markets:

  • Form
    • Bend Sheet
    • Cut Sheet
    • Punch Sheet
  • Material
    • Aluminium
    • Brass
    • Copper
    • Low Carbon Steel
    • Stainless Steel
    • Tungsten
  • Service Type
    • Coating Services
    • Finishing Services
    • Folding or Bending
    • Hot Extrusion Services
    • Inventory Management Services
    • Laser Cutting Services
    • Metal Stamping Services
    • Water Jetting Services
    • Welding Services
  • Production
    • High-volume Production Quantity
    • Low-volume Production Quantity
    • Mid-volume Production Quantity
  • End User
    • Aerospace & Defense
    • Automotive
    • Construction
    • Electronics
    • Industrial Machinery
    • Telecommunication
  • Region
    • Americas
      • Argentina
      • Brazil
      • Canada
      • Mexico
      • United States
        • California
        • Florida
        • Illinois
        • New York
        • Ohio
        • Pennsylvania
        • Texas
    • Asia-Pacific
      • Australia
      • China
      • India
      • Indonesia
      • Japan
      • Malaysia
      • Philippines
      • Singapore
      • South Korea
      • Taiwan
      • Thailand
      • Vietnam
    • Europe, Middle East & Africa
      • Denmark
      • Egypt
      • Finland
      • France
      • Germany
      • Israel
      • Italy
      • Netherlands
      • Nigeria
      • Norway
      • Poland
      • Qatar
      • Russia
      • Saudi Arabia
      • South Africa
      • Spain
      • Sweden
      • Switzerland
      • Turkey
      • United Arab Emirates
      • United Kingdom

The report offers valuable insights on the following aspects

  1. Market Penetration: It presents comprehensive information on the market provided by key players.
  2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
  3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
  4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
  5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as

  1. What is the market size and forecast of the Sheet Metal Fabrication Services Market?
  2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Sheet Metal Fabrication Services Market?
  3. What are the technology trends and regulatory frameworks in the Sheet Metal Fabrication Services Market?
  4. What is the market share of the leading vendors in the Sheet Metal Fabrication Services Market?
  5. Which modes and strategic moves are suitable for entering the Sheet Metal Fabrication Services Market?

Please note: For this report, the purchase of an Enterprise license allows up to ten worldwide users of an organization access to the report

Please note: This report can be updated on request. Please contact our Customer Experience team using the Ask a Question widget on our website.

With the purchase of this report at the Multi-user License or greater level, you will have access to one hour with an expert analyst who will help you link key findings in the report to the business issues you're addressing. This will need to be used within three months of purchase.

This report also includes a complimentary Excel file with data from the report for purchasers at the Site License or greater level.

Frequently Asked Questions about the Global Sheet Metal Fabrication Services Market

What is the estimated value of the Global Sheet Metal Fabrication Services Market?

The Global Sheet Metal Fabrication Services Market was estimated to be valued at $17.45 Billion in 2023.

What is the growth rate of the Global Sheet Metal Fabrication Services Market?

The growth rate of the Global Sheet Metal Fabrication Services Market is 3.5%, with an estimated value of $22.33 Billion by 2030.

What is the forecasted size of the Global Sheet Metal Fabrication Services Market?

The Global Sheet Metal Fabrication Services Market is estimated to be worth $22.33 Billion by 2030.

Who are the key companies in the Global Sheet Metal Fabrication Services Market?

Key companies in the Global Sheet Metal Fabrication Services Market include Action Fabricating, Inc., All Metals Fabricating, Inc., ARKU Maschinenbau GmbH, Astro Metal Craft., BTD Manufacturing, CAMM Metals Inc., Chain, Ray Corporation, Classic Sheet Metal, Inc. and Decimal Engineering, Inc..

Table of Contents

1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Sheet Metal Fabrication Services Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Growing Focus on Lean Manufacturing, Operational Efficiency, and Cost-Cutting of Sheet Fabrication Operations
5.1.1.2. Increasing Demand for Fabricated Metal Parts from Major End-User Industries
5.1.2. Restraints
5.1.2.1. Health and Safety Issues Related to Fabricators
5.1.3. Opportunities
5.1.3.1. Introduction of Collaborative Robots for Sheet Metal Fabrication Operations
5.1.3.2. Emerging Advanced 3D Printing/Additive Manufacturing Technologies
5.1.4. Challenges
5.1.4.1. Technology Modernization Issues with Fabrication
5.1.4.2. Pressure on the Fabrication Service Providers to Cut the Operational Costs
5.2. Market Segmentation Analysis
5.2.1. Form: High demand for punch sheet form to efficiently create holes or shapes in metal sheets
5.2.2. Material: Adoption of ultra-high-strength stainless steels for lightweighting solutions
5.2.3. Service Type: Need for hot-extrusion services to build high-precision components
5.2.4. End User: Advancements in sheet metals with corrosion resistance capaicities for use in construction sector
5.3. Market Trend Analysis
5.4. Cumulative Impact of COVID-19
5.5. Cumulative Impact of Russia-Ukraine Conflict
5.6. Cumulative Impact of High Inflation
5.7. Porter’s Five Forces Analysis
5.7.1. Threat of New Entrants
5.7.2. Threat of Substitutes
5.7.3. Bargaining Power of Customers
5.7.4. Bargaining Power of Suppliers
5.7.5. Industry Rivalry
5.8. Value Chain & Critical Path Analysis
5.9. Regulatory Framework
5.10. Client Customization
6. Sheet Metal Fabrication Services Market, by Form
6.1. Introduction
6.2. Bend Sheet
6.3. Cut Sheet
6.4. Punch Sheet
7. Sheet Metal Fabrication Services Market, by Material
7.1. Introduction
7.2. Aluminium
7.3. Brass
7.4. Copper
7.5. Low Carbon Steel
7.6. Stainless Steel
7.7. Tungsten
8. Sheet Metal Fabrication Services Market, by Service Type
8.1. Introduction
8.2. Coating Services
8.3. Finishing Services
8.4. Folding or Bending
8.5. Hot Extrusion Services
8.6. Inventory Management Services
8.7. Laser Cutting Services
8.8. Metal Stamping Services
8.9. Water Jetting Services
8.10. Welding Services
9. Sheet Metal Fabrication Services Market, by Production
9.1. Introduction
9.2. High-volume Production Quantity
9.3. Low-volume Production Quantity
9.4. Mid-volume Production Quantity
10. Sheet Metal Fabrication Services Market, by End User
10.1. Introduction
10.2. Aerospace & Defense
10.3. Automotive
10.4. Construction
10.5. Electronics
10.6. Industrial Machinery
10.7. Telecommunication
11. Americas Sheet Metal Fabrication Services Market
11.1. Introduction
11.2. Argentina
11.3. Brazil
11.4. Canada
11.5. Mexico
11.6. United States
12. Asia-Pacific Sheet Metal Fabrication Services Market
12.1. Introduction
12.2. Australia
12.3. China
12.4. India
12.5. Indonesia
12.6. Japan
12.7. Malaysia
12.8. Philippines
12.9. Singapore
12.10. South Korea
12.11. Taiwan
12.12. Thailand
12.13. Vietnam
13. Europe, Middle East & Africa Sheet Metal Fabrication Services Market
13.1. Introduction
13.2. Denmark
13.3. Egypt
13.4. Finland
13.5. France
13.6. Germany
13.7. Israel
13.8. Italy
13.9. Netherlands
13.10. Nigeria
13.11. Norway
13.12. Poland
13.13. Qatar
13.14. Russia
13.15. Saudi Arabia
13.16. South Africa
13.17. Spain
13.18. Sweden
13.19. Switzerland
13.20. Turkey
13.21. United Arab Emirates
13.22. United Kingdom
14. Competitive Landscape
14.1. FPNV Positioning Matrix
14.2. Market Share Analysis, By Key Player
14.3. Competitive Scenario Analysis, By Key Player
14.3.1. Merger & Acquisition
14.3.1.1. Four Metal Fabrication Companies Merge into 'Single-Source Solution'
14.3.1.2. Cemtrex to Acquire Mechanical Contracting and Steel Fabrication Company to Expand AIS Industrial Segment
14.3.1.3. SEER Group Acquires Border Sheet Metal & Heating
15. Competitive Portfolio
15.1. Key Company Profiles
15.1.1. Action Fabricating, Inc.
15.1.2. All Metals Fabricating, Inc.
15.1.3. ARKU Maschinenbau GmbH
15.1.4. Astro Metal Craft.
15.1.5. BTD Manufacturing
15.1.6. CAMM Metals Inc.
15.1.7. Chain-Ray Corporation
15.1.8. Classic Sheet Metal, Inc.
15.1.9. Decimal Engineering, Inc.
15.1.10. Deltametal doo
15.1.11. Dow Engifab LLP
15.1.12. Dynamic Metals Group
15.1.13. Estes Design & Manufacturing, Inc.
15.1.14. Euroship Service
15.1.15. H&S Manufacturing Co.
15.1.16. Harry Burrows Fabrications Ltd.
15.1.17. Ironform Corporation
15.1.18. Joseph T. Ryerson & Son, Inc.
15.1.19. Kakade Laser
15.1.20. Kapco Metal Stamping
15.1.21. Marlin Steel Wire Products LLC
15.1.22. Mayville Engineering Company, Inc.
15.1.23. Metal Working Group
15.1.24. Metcam, Inc.
15.1.25. Moreng Metal Products, Inc.
15.1.26. Mulan Manufacturing Group
15.1.27. Noble Industries, Inc.
15.1.28. Precision Metal Works, LLC
15.1.29. Proto Labs, Inc.
15.1.30. Standard Iron & Wire Works, Inc.
15.1.31. Staub Manufacturing Solutions
15.1.32. Tempco Manufacturing Company, Inc.
15.1.33. Xometry, Inc.
15.1.34. Zengin Kalip
15.1.35. Zeus Exhausts Kft.
15.2. Key Product Portfolio
16. Appendix
16.1. Discussion Guide
16.2. License & Pricing
List of Figures
FIGURE 1. SHEET METAL FABRICATION SERVICES MARKET RESEARCH PROCESS
FIGURE 2. SHEET METAL FABRICATION SERVICES MARKET SIZE, 2022 VS 2030
FIGURE 3. SHEET METAL FABRICATION SERVICES MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. SHEET METAL FABRICATION SERVICES MARKET SIZE, BY REGION, 2022 VS 2030 (%)
FIGURE 5. SHEET METAL FABRICATION SERVICES MARKET SIZE, BY REGION, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 6. SHEET METAL FABRICATION SERVICES MARKET DYNAMICS
FIGURE 7. SHEET METAL FABRICATION SERVICES MARKET SIZE, BY FORM, 2022 VS 2030 (%)
FIGURE 8. SHEET METAL FABRICATION SERVICES MARKET SIZE, BY FORM, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 9. SHEET METAL FABRICATION SERVICES MARKET SIZE, BY MATERIAL, 2022 VS 2030 (%)
FIGURE 10. SHEET METAL FABRICATION SERVICES MARKET SIZE, BY MATERIAL, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 11. SHEET METAL FABRICATION SERVICES MARKET SIZE, BY SERVICE TYPE, 2022 VS 2030 (%)
FIGURE 12. SHEET METAL FABRICATION SERVICES MARKET SIZE, BY SERVICE TYPE, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 13. SHEET METAL FABRICATION SERVICES MARKET SIZE, BY PRODUCTION, 2022 VS 2030 (%)
FIGURE 14. SHEET METAL FABRICATION SERVICES MARKET SIZE, BY PRODUCTION, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 15. SHEET METAL FABRICATION SERVICES MARKET SIZE, BY END USER, 2022 VS 2030 (%)
FIGURE 16. SHEET METAL FABRICATION SERVICES MARKET SIZE, BY END USER, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 17. AMERICAS SHEET METAL FABRICATION SERVICES MARKET SIZE, BY COUNTRY, 2022 VS 2030 (%)
FIGURE 18. AMERICAS SHEET METAL FABRICATION SERVICES MARKET SIZE, BY COUNTRY, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 19. UNITED STATES SHEET METAL FABRICATION SERVICES MARKET SIZE, BY STATE, 2022 VS 2030 (%)
FIGURE 20. UNITED STATES SHEET METAL FABRICATION SERVICES MARKET SIZE, BY STATE, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 21. ASIA-PACIFIC SHEET METAL FABRICATION SERVICES MARKET SIZE, BY COUNTRY, 2022 VS 2030 (%)
FIGURE 22. ASIA-PACIFIC SHEET METAL FABRICATION SERVICES MARKET SIZE, BY COUNTRY, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 23. EUROPE, MIDDLE EAST & AFRICA SHEET METAL FABRICATION SERVICES MARKET SIZE, BY COUNTRY, 2022 VS 2030 (%)
FIGURE 24. EUROPE, MIDDLE EAST & AFRICA SHEET METAL FABRICATION SERVICES MARKET SIZE, BY COUNTRY, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 25. SHEET METAL FABRICATION SERVICES MARKET, FPNV POSITIONING MATRIX, 2022
FIGURE 26. SHEET METAL FABRICATION SERVICES MARKET SHARE, BY KEY PLAYER, 2022

Companies Mentioned

  • Action Fabricating, Inc.
  • All Metals Fabricating, Inc.
  • ARKU Maschinenbau GmbH
  • Astro Metal Craft.
  • BTD Manufacturing
  • CAMM Metals Inc.
  • Chain-Ray Corporation
  • Classic Sheet Metal, Inc.
  • Decimal Engineering, Inc.
  • Deltametal doo
  • Dow Engifab LLP
  • Dynamic Metals Group
  • Estes Design & Manufacturing, Inc.
  • Euroship Service
  • H&S Manufacturing Co.
  • Harry Burrows Fabrications Ltd.
  • Ironform Corporation
  • Joseph T. Ryerson & Son, Inc.
  • Kakade Laser
  • Kapco Metal Stamping
  • Marlin Steel Wire Products LLC
  • Mayville Engineering Company, Inc.
  • Metal Working Group
  • Metcam, Inc.
  • Moreng Metal Products, Inc.
  • Mulan Manufacturing Group
  • Noble Industries, Inc.
  • Precision Metal Works, LLC
  • Proto Labs, Inc.
  • Standard Iron & Wire Works, Inc.
  • Staub Manufacturing Solutions
  • Tempco Manufacturing Company, Inc.
  • Xometry, Inc.
  • Zengin Kalip
  • Zeus Exhausts Kft.

Methodology

Loading
LOADING...