The sheet metal fabrication services market valued around USD 17.51 Billion in 2018 and is estimated to grow at a CAGR of around 2.4 % between 2019 & 2026
The report covers forecast and analysis for the sheet metal fabrication services market on a global and regional level. The research report presents a comprehensive valuation of the market, competition, opportunities, emerging trends, and industry-validated market figures. The study provides historic data of 2016 to 2018 along with a forecast from 2019 to 2026 based on revenue (USD Billion).
The global sheet metal fabrication services market is likely to have prominent growth in the coming years and is expected to grow at a steady rate within the forecast period. There is enormous scope in the sheet metal fabrication services market owing to their usage in a variety of applications, and growing demand in the market. The crucial factor that is expected to drive the growth of the sheet metal fabrication services market is the increasing demand for fabricated metal parts from major end-user industries. Sheet metal forming plays a decisive role in the automotive and aerospace and defense industries despite the emergence of carbon fiber. Owing to the increasing focus on lean manufacturing, operational efficiency, and cost-cutting, the sheet metal forming process will be an important service for original equipment manufacturers over the years. Since the automotive and aerospace & defense industries are the crucial sectors for the market, the rising investments and developments in these industries will bolster the global sheet metal fabrication services market within the forecast period.
The global sheet metal fabrication services market has been categorized on the basis of the form, material, end-use industry, and region. Based on the form, the sheet metal fabrication services market is segmented into a bent sheet, punch sheet, cut sheet, and other forms. Among all forms, the bend sheet segment is anticipated to grow at a faster pace within the forecast period owing to its wide applications in telecom, electronics, construction, and manufacturing industries across the globe. Moreover, the increase in construction activities is expected to drive the demand for the bend sheet segment globally in the forecast timeframe. In terms of material, the global sheet metal fabrication services market is divided into steel, aluminum, and others. The steel segment is further divided into grade 304 stainless, grade 410 stainless, grade 316 stainless, grade 301 stainless, and others. The steel segment is becoming very popular in several industries owing to its availability, high performance, and high adoption. Steel beams and columns, joists, studs, and aluminum framing are the ongoing applications of steel sheets in the construction industry. By end-use industry, the global sheet metal fabrication services market is segmented into industrial machinery, construction, aerospace & defense, automotive, electronics, telecommunication, and others. The construction segment is expected to grow at a noteworthy rate within the forecast period owing to the growth of the sheet metal fabrication services market in APAC and MEA regions. Geographically, the North America region is expected to have a major share within the forecast period owing to the increased construction projects and strong defense & aviation industry in the region. Asia-Pacific region is likely to have a noteworthy share for the sheet metal fabrication services market within the forecast period. Asia-Pacific region is becoming the main hub for several construction activities owing to the rapid urbanization. Several industries such as automotive, industrial machinery, construction, and electronics are expected to expand their plants as well as facilities in this region.
The rise in the demand for sheet metal fabrication services in the construction industry is the crucial driver which is uplifting the market. In the construction sector, the sheet metal is widely utilized for numerous applications such as cladding which is used to cover the buildings; Anti-slip surfaces that can also be produced by sheet metal fabrication. Moreover, the positive impact of the governments across the globe is continuously structuring and developing plans to promote these new industrial areas which have created humongous opportunities. The emerging advanced 3D printing/additive manufacturing technologies are creating opportunities for the global sheet metal fabrication services market. The factors which might hinder the growth of the sheet metal fabrication services market is the health and safety issues related to the fabricators.
The key players in the global sheet metal fabrication services market are BTD Manufacturing Inc., Classic Sheet Metal Inc., Dynamic Aerospace and Defense Group, Ironform Corporation, Kapco Metal Stamping, Marlin Steel Wire Forms LLC, Mayville Engineering Company Inc., Metcam Inc., Moreng Metal Forms Inc., Noble Industries Inc., O’Neal Manufacturing Services., Ryerson Holding Corporation, Standard Iron & Wire Works Inc., and The Metalworking Group among others.
The report covers forecast and analysis for the sheet metal fabrication services market on a global and regional level. The research report presents a comprehensive valuation of the market, competition, opportunities, emerging trends, and industry-validated market figures. The study provides historic data of 2016 to 2018 along with a forecast from 2019 to 2026 based on revenue (USD Billion).
The global sheet metal fabrication services market is likely to have prominent growth in the coming years and is expected to grow at a steady rate within the forecast period. There is enormous scope in the sheet metal fabrication services market owing to their usage in a variety of applications, and growing demand in the market. The crucial factor that is expected to drive the growth of the sheet metal fabrication services market is the increasing demand for fabricated metal parts from major end-user industries. Sheet metal forming plays a decisive role in the automotive and aerospace and defense industries despite the emergence of carbon fiber. Owing to the increasing focus on lean manufacturing, operational efficiency, and cost-cutting, the sheet metal forming process will be an important service for original equipment manufacturers over the years. Since the automotive and aerospace & defense industries are the crucial sectors for the market, the rising investments and developments in these industries will bolster the global sheet metal fabrication services market within the forecast period.
The global sheet metal fabrication services market has been categorized on the basis of the form, material, end-use industry, and region. Based on the form, the sheet metal fabrication services market is segmented into a bent sheet, punch sheet, cut sheet, and other forms. Among all forms, the bend sheet segment is anticipated to grow at a faster pace within the forecast period owing to its wide applications in telecom, electronics, construction, and manufacturing industries across the globe. Moreover, the increase in construction activities is expected to drive the demand for the bend sheet segment globally in the forecast timeframe. In terms of material, the global sheet metal fabrication services market is divided into steel, aluminum, and others. The steel segment is further divided into grade 304 stainless, grade 410 stainless, grade 316 stainless, grade 301 stainless, and others. The steel segment is becoming very popular in several industries owing to its availability, high performance, and high adoption. Steel beams and columns, joists, studs, and aluminum framing are the ongoing applications of steel sheets in the construction industry. By end-use industry, the global sheet metal fabrication services market is segmented into industrial machinery, construction, aerospace & defense, automotive, electronics, telecommunication, and others. The construction segment is expected to grow at a noteworthy rate within the forecast period owing to the growth of the sheet metal fabrication services market in APAC and MEA regions. Geographically, the North America region is expected to have a major share within the forecast period owing to the increased construction projects and strong defense & aviation industry in the region. Asia-Pacific region is likely to have a noteworthy share for the sheet metal fabrication services market within the forecast period. Asia-Pacific region is becoming the main hub for several construction activities owing to the rapid urbanization. Several industries such as automotive, industrial machinery, construction, and electronics are expected to expand their plants as well as facilities in this region.
The rise in the demand for sheet metal fabrication services in the construction industry is the crucial driver which is uplifting the market. In the construction sector, the sheet metal is widely utilized for numerous applications such as cladding which is used to cover the buildings; Anti-slip surfaces that can also be produced by sheet metal fabrication. Moreover, the positive impact of the governments across the globe is continuously structuring and developing plans to promote these new industrial areas which have created humongous opportunities. The emerging advanced 3D printing/additive manufacturing technologies are creating opportunities for the global sheet metal fabrication services market. The factors which might hinder the growth of the sheet metal fabrication services market is the health and safety issues related to the fabricators.
The key players in the global sheet metal fabrication services market are BTD Manufacturing Inc., Classic Sheet Metal Inc., Dynamic Aerospace and Defense Group, Ironform Corporation, Kapco Metal Stamping, Marlin Steel Wire Forms LLC, Mayville Engineering Company Inc., Metcam Inc., Moreng Metal Forms Inc., Noble Industries Inc., O’Neal Manufacturing Services., Ryerson Holding Corporation, Standard Iron & Wire Works Inc., and The Metalworking Group among others.
Table of Contents
- Chapter 1. Preface
- 1.1. Report Description and Scope
- 1.2. Research Scope
- 1.3. Research Methodology
- 1.3.1. Market Research Process
- 1.3.2. Market Research Methodology
- Chapter 2. Executive Summary
- 2.1. Sheet Metal Fabrication Services Market, 2016-2026 (USD Billion)
- 2.2. Sheet Metal Fabrication Services Market: Snapshot
- Chapter 3. Sheet Metal Fabrication Services Market - Industry Analysis
- 3.1. Sheet Metal Fabrication Services Market: Market Dynamics
- 3.2. Market Drivers
- 3.2.1. The rise in the demand from the construction industry
- 3.3. Restraints
- 3.3.1. The health and safety issues related to the fabricators
- 3.4. Opportunity
- 3.4.1. The emerging advanced 3D printing/additive manufacturing technologies
- 3.5. Porter's Five Forces Analysis
- 3.6. Market Attractiveness Analysis
- 3.6.1. Market attractiveness analysis By Form
- 3.6.2. Market attractiveness analysis By Material
- 3.6.3. Market attractiveness analysis By End-Use Industry
- 3.6.4. Market attractiveness analysis by Region
- Chapter 4. Sheet Metal Fabrication Services Market- Competitive Landscape
- 4.1. Company market share analysis
- 4.1.1. Global Sheet Metal Fabrication Services Market: company market share, 2018
- 4.2. Strategic development
- 4.2.1. Acquisitions & mergers
- 4.2.2. New Form launches
- 4.2.3. Agreements, partnerships, collaborations and joint ventures
- 4.2.4. Research and development and Regional expansion
- 4.3. Price trend analysis
- 4.1. Company market share analysis
- Chapter 5. Global Sheet Metal Fabrication Services Market -Form Analysis
- 5.1. Global Sheet Metal Fabrication Services Market overview: By Form type
- 5.1.1. Global Sheet Metal Fabrication Services Market share, By Form,2018 and 2026
- 5.2. Bend Sheet
- 5.2.1. Global Sheet Metal Fabrication Services Market by Form1, 2016-2026 (USD Billion)
- 5.3. Punch Sheet
- 5.3.1. Global Sheet Metal Fabrication Services Market by Form2, 2016-2026 (USD Billion)
- 5.4. Cut Sheet
- 5.4.1. Global Sheet Metal Fabrication Services Market by Form3, 2016-2026 (USD Billion)
- 5.5. Others
- 5.5.1. Global Sheet Metal Fabrication Services Market by others, 2016-2026 (USD Billion)
- 5.1. Global Sheet Metal Fabrication Services Market overview: By Form type
- Chapter 6. Global Sheet Metal Fabrication Services Market -Material Analysis
- 6.1. Global Sheet Metal Fabrication Services Market overview: By Material
- 6.1.1. Global Sheet Metal Fabrication Services Market share, By Material, 2018 and 2026
- 6.2. Steel
- 6.2.1. Global Sheet Metal Fabrication Services Market By Material1, 2016-2026 (USD Billion)
- 6.3. Aluminum
- 6.3.1. Global Sheet Metal Fabrication Services Market By Material2, 2016-2026 (USD Billion)
- 6.4. Others
- 6.4.1. Global Sheet Metal Fabrication Services Market by Other Materials, 2016-2026 (USD Billion)
- 6.1. Global Sheet Metal Fabrication Services Market overview: By Material
- Chapter 7. Global Sheet Metal Fabrication Services Market -End-Use Industry Analysis
- 7.1. Global Sheet Metal Fabrication Services Market overview: By End-Use Industry
- 7.1.1. Global Sheet Metal Fabrication Services Market share, By End-Use Industry, 2018 and 2026
- 7.2. Industrial Machinery
- 7.2.1. Global Sheet Metal Fabrication Services Market by Industrial Machinery, 2016-2026 (USD Billion)
- 7.3. Construction
- 7.3.1. Global Sheet Metal Fabrication Services Market by Construction, 2016-2026 (USD Billion)
- 7.4. Aerospace & Defense
- 7.4.1. Global Sheet Metal Fabrication Services Market by Aerospace & Defense, 2016-2026 (USD Billion)
- 7.5. Automotive
- 7.6. Global Sheet Metal Fabrication Services Market by Automotive, 2016-2026 (USD Billion)
- 7.7. Telecommunication
- 7.7.1. Global Sheet Metal Fabrication Services Market by Telecommunication, 2016-2026 (USD Billion)
- 7.8. Others
- 7.8.1. Global Sheet Metal Fabrication Services Market by others, 2016-2026 (USD Billion)
- 7.1. Global Sheet Metal Fabrication Services Market overview: By End-Use Industry
- Chapter 8. Global Sheet Metal Fabrication Services Market - Regional Analysis
- 8.1. Global Sheet Metal Fabrication Services Market overview: by Region
- 8.1.1. Global Sheet Metal Fabrication Services Market share, by Region, 2018 and 2026
- 8.2. North America
- 8.2.1. North America Sheet Metal Fabrication Services Market, 2016-2026 (USD Billion)
- 8.2.2. North America Sheet Metal Fabrication Services Market revenue, By Form,2016-2026 (USD Billion)
- 8.2.3. North America Sheet Metal Fabrication Services Market revenue, By Material, 2016-2026 (USD Billion)
- 8.2.4. North America Sheet Metal Fabrication Services Market revenue, By End-Use Industry, 2016-2026 (USD Billion)
- 8.2.5. The U.S.
- 8.2.5.1. The U.S.Sheet Metal Fabrication Services Market revenue, By Form,2016-2026 (USD Billion)
- 8.2.5.2. The U.S.Sheet Metal Fabrication Services Market revenue, By Material, 2016-2026 (USD Billion)
- 8.2.5.3. The U.S.Sheet Metal Fabrication Services Market revenue, By End-Use Industry, 2016-2026 (USD Billion)
- 8.2.6. Rest of North America
- 8.2.6.1. Rest of North America Sheet Metal Fabrication Services Market revenue, By Form,2016-2026 (USD Billion)
- 8.2.6.2. Rest of North America Sheet Metal Fabrication Services Market revenue, By Material, 2016-2026 (USD Billion)
- 8.2.6.3. Rest of North America Sheet Metal Fabrication Services Market revenue, By End-Use Industry, 2016-2026 (USD Billion)
- 8.3. Europe
- 8.3.1. Europe Sheet Metal Fabrication Services Market, 2016-2026 (USD Billion)
- 8.3.2. Europe Sheet Metal Fabrication Services Market revenue, By Form,2016-2026 (USD Billion)
- 8.3.3. Europe Sheet Metal Fabrication Services Market revenue, By Material, 2016-2026 (USD Billion)
- 8.3.4. Europe Sheet Metal Fabrication Services Market revenue, By End-Use Industry, 2016-2026 (USD Billion)
- 8.3.5. UK
- 8.3.5.1. U.K.Sheet Metal Fabrication Services Market revenue, By Form,2016-2026 (USD Billion)
- 8.3.5.2. U.K.Sheet Metal Fabrication Services Market revenue, By Material, 2016-2026 (USD Billion)
- 8.3.5.3. U.K. Sheet Metal Fabrication Services Market revenue, By End-Use Industry, 2016-2026 (USD Billion)
- 8.3.6. France
- 8.3.6.1. France Sheet Metal Fabrication Services Market revenue, By Form,2016-2026 (USD Billion)
- 8.3.6.2. France Sheet Metal Fabrication Services Market revenue, By Material, 2016-2026 (USD Billion)
- 8.3.6.3. France Sheet Metal Fabrication Services Market revenue, By End-Use Industry, 2016-2026 (USD Billion)
- 8.3.7. Germany
- 8.3.7.1. Germany Sheet Metal Fabrication Services Market revenue, By Form,2016-2026 (USD Billion)
- 8.3.7.2. Germany Sheet Metal Fabrication Services Market revenue, By Material, 2016-2026 (USD Billion)
- 8.3.7.3. Germany Sheet Metal Fabrication Services Market revenue, By End-Use Industry, 2016-2026 (USD Billion)
- 8.3.8. Rest of Europe
- 8.3.8.1. Rest of EuropeSheet Metal Fabrication Services Market revenue, By Form,2016-2026 (USD Billion)
- 8.3.8.2. Rest of EuropeSheet Metal Fabrication Services Market revenue, By Material, 2016-2026 (USD Billion)
- 8.3.8.3. Rest of Europe Sheet Metal Fabrication Services Market revenue, By End-Use Industry, 2016-2026 (USD Billion)
- 8.4. Asia Pacific
- 8.4.1. Asia Pacific Sheet Metal Fabrication Services Market, 2016-2026 (USD Billion)
- 8.4.2. Asia Pacific Sheet Metal Fabrication Services Market revenue, By Form,2016-2026 (USD Billion)
- 8.4.3. Asia Pacific Sheet Metal Fabrication Services Market revenue, By Material, 2016-2026 (USD Billion)
- 8.4.4. Asia Pacific Sheet Metal Fabrication Services Market revenue, By End-Use Industry, 2016-2026 (USD Billion)
- 8.4.5. China
- 8.4.5.1. China Sheet Metal Fabrication Services Market revenue, By Form,2016-2026 (USD Billion)
- 8.4.5.2. China Sheet Metal Fabrication Services Market revenue, By Material, 2016-2026 (USD Billion)
- 8.4.5.3. China Sheet Metal Fabrication Services Market revenue, By End-Use Industry, 2016-2026 (USD Billion)
- 8.4.6. Japan
- 8.4.6.1. Japan Sheet Metal Fabrication Services Market revenue, By Form,2016-2026 (USD Billion)
- 8.4.6.2. Japan Sheet Metal Fabrication Services Market revenue, By Material, 2016-2026 (USD Billion)
- 8.4.6.3. Japan Sheet Metal Fabrication Services Market revenue, By End-Use Industry, 2016-2026 (USD Billion)
- 8.4.7. India
- 8.4.7.1. India Sheet Metal Fabrication Services Market revenue, By Form,2016-2026 (USD Billion)
- 8.4.7.2. India Sheet Metal Fabrication Services Market revenue, By Material, 2016-2026 (USD Billion)
- 8.4.7.3. India Sheet Metal Fabrication Services Market revenue, By End-Use Industry, 2016-2026 (USD Billion)
- 8.4.8. Rest of Asia Pacific
- 8.4.8.1. Rest of Asia Pacific Sheet Metal Fabrication Services Market revenue, By Form,2016-2026 (USD Billion)
- 8.4.8.2. Rest of Asia Pacific Sheet Metal Fabrication Services Market revenue, By Material, 2016-2026 (USD Billion)
- 8.4.8.3. Rest of Asia Pacific Sheet Metal Fabrication Services Market revenue, By End-Use Industry, 2016-2026 (USD Billion)
- 8.5. Latin America
- 8.5.1. Latin America Sheet Metal Fabrication Services Market, 2016-2026 (USD Billion)
- 8.5.2. Latin America Sheet Metal Fabrication Services Market revenue, By Form,2016-2026 (USD Billion)
- 8.5.3. Latin America Sheet Metal Fabrication Services Market revenue, By Material, 2016-2026 (USD Billion)
- 8.5.4. Latin America Sheet Metal Fabrication Services Market revenue, By End-Use Industry, 2016-2026 (USD Billion)
- 8.5.5. Brazil
- 8.5.5.1. Brazil Sheet Metal Fabrication Services Market revenue, By Form,2016-2026 (USD Billion)
- 8.5.5.2. Brazil Sheet Metal Fabrication Services Market revenue, By Material, 2016-2026 (USD Billion)
- 8.5.5.3. Brazil Sheet Metal Fabrication Services Market revenue, By End-Use Industry, 2016-2026 (USD Billion)
- 8.5.6. Rest of Latin America
- 8.5.6.1. Rest of Latin America Sheet Metal Fabrication Services Market revenue, By Form,2016-2026 (USD Billion)
- 8.5.6.2. Rest of Latin America Sheet Metal Fabrication Services Market revenue, By Material, 2016-2026 (USD Billion)
- 8.5.6.3. Rest of Latin America Sheet Metal Fabrication Services Market revenue, By End-Use Industry, 2016-2026 (USD Billion)
- 8.6. The Middle East and Africa
- 8.6.1. The Middle East and Africa Sheet Metal Fabrication Services Market, 2016-2026 (USD Billion)
- 8.6.2. The Middle East and Africa Sheet Metal Fabrication Services Market revenue, By Form,2016-2026 (USD Billion)
- 8.6.3. The Middle East and Africa Sheet Metal Fabrication Services Market revenue, By Material, 2016-2026 (USD Billion)
- 8.6.4. The Middle East and Africa Sheet Metal Fabrication Services Market revenue, By End-Use Industry, 2016-2026 (USD Billion)
- 8.1. Global Sheet Metal Fabrication Services Market overview: by Region
- Chapter 9. Company Profiles
- 9.1. BTD Manufacturing Inc.
- 9.1.1. Overview
- 9.1.2. Financials
- 9.1.3. Form Portfolio
- 9.1.4. Business Strategy
- 9.1.5. Recent Developments
- 9.2. Classic Sheet Metal Inc.
- 9.2.1. Overview
- 9.2.2. Financials
- 9.2.3. Form Portfolio
- 9.2.4. Business Strategy
- 9.2.5. Recent Developments
- 9.3. Dynamic Aerospace and Defense Group
- 9.3.1. Overview
- 9.3.2. Financials
- 9.3.3. Form Portfolio
- 9.3.4. Business Strategy
- 9.3.5. Recent Developments
- 9.4. Ironform Corporation
- 9.4.1. Overview
- 9.4.2. Financials
- 9.4.3. Form Portfolio
- 9.4.4. Business Strategy
- 9.4.5. Recent Developments
- 9.5. Kapco Metal Stamping
- 9.5.1. Overview
- 9.5.2. Financials
- 9.5.3. Form Portfolio
- 9.5.4. Business Strategy
- 9.5.5. Recent Development
- 9.6. Marlin Steel Wire Products LLC
- 9.6.1. Overview
- 9.6.2. Financials
- 9.6.3. Form Portfolio
- 9.6.4. Business Strategy
- 9.6.5. Recent Development
- 9.7. Mayville Engineering Company Inc.
- 9.7.1. Overview
- 9.7.2. Financials
- 9.7.3. Form Portfolio
- 9.7.4. Business Strategy
- 9.7.5. Recent Development
- 9.8. Metcam Inc.
- 9.8.1. Overview
- 9.8.2. Financials
- 9.8.3. Form Portfolio
- 9.8.4. Business Strategy
- 9.8.5. Recent Development
- 9.9. Moreng Metal Products Inc.
- 9.9.1. Overview
- 9.9.2. Financials
- 9.9.3. Form Portfolio
- 9.9.4. Business Strategy
- 9.9.5. Recent Development
- 9.10. Noble Industries Inc.
- 9.10.1. Overview
- 9.10.2. Financials
- 9.10.3. Form Portfolio
- 9.10.4. Business Strategy
- 9.10.5. Recent Development
- 9.1. BTD Manufacturing Inc.
