Metal Fabrication Market Size & Share 2016-2024: Rising Developments in Construction and Automotive Sectors to Fuel Adoption
The opportunity in the global metal fabrication market was pegged at US$16.35 bn in 2015. This is forecast to be worth US$21.38 by 2024, expanding at a CAGR of 3.0% therein.
Albany, NY -- (SBWire) -- 01/15/2018 --The global market for metal fabrication is also fueled by continued investments in electric furnace and metals processing, the growing aluminum consumption, there shoring of manufacturing practices in the automotive industry, recovery in non-residential investments, and growing aerospace demand.
The Metal fabrication market report provides an analysis of the global metal fabrication market for the period 2014 – 2024, wherein 2014 is the base year and the period from 2016 to 2024 is the forecast period. Data for 2014 has been included as historical information. The report covers all the prevalent trends playing a major role in the growth of the metal fabrication market over the forecast period. It also highlights various drivers, restraints, and opportunities expected to influence the market growth during the said period. The study provides a holistic perspective on market growth, throughout the above forecast period in terms of revenue estimates (in US$ Mn), across different geographies, which include North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA) and South America. The report provides cross-sectional analysis of the global metal fabrication market in terms of market estimates and forecasts for all the segments across different geographic regions. This research report provides in-depth analysis of the global metal fabrication market on the basis of service, end-use industry, and geography. The report also includes competitive profiling of major players engaged in providing metal fabrication services. Major business strategies adopted by them, their market positioning, and various recent developments have also been identified in the research report. This report also provides market positioning analysis of major players operating in the metal fabrication market.
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"Revenue Generated by Metal Welding Services Higher than that of Any Other Segment"
"Rising Popularity of 3D Metal Printing a Major Threat"
This research study on the global metal fabrication market provides a detailed analysis of various services and end-use industries. The report also offers an in-depth analysis of various factors such as market drivers, restraints, and growth opportunities affecting the market dynamics. These factors enable the analysis of various trends that would impact the market during the forecast period from 2016 to 2024. The report includes a comprehensive coverage of the underlying economic and technological factors under key trend analysis influencing the metal fabrication market. Furthermore, the report aims to provide strategic insights about the company's strategies and developments through SWOT analysis in the metal fabrication market. The market positioning analysis of key players throws light on the prevalent competition in this market.
Based on the end-use industries, the metal fabrication market is segmented into construction, automotive, manufacturing, energy & power, electronics and others. Based on factors such as budget, scalability, flexibility, and ease of use, end users tend to select best-fit solutions in order to cater to their requirements and business usage.
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Various factors that affect the growth of the metal fabrication market have been identified in this report. The report aims to provide a comprehensive cross-sectional analysis of the metal fabrication market across geographies including North America, Europe, Asia Pacific, Middle-East and Africa (MEA), and South America. In addition, the report highlights the competitive landscape of the metal fabrication market and identifies various business strategies adopted by the leading players. Under the company profiles section, the report provides an overview of the companies operating in the market, strategies deployed by them to gain competitive advantage, SWOT analysis, annual revenue generated by them in the past two/three years, and recent developments.
Some of the key industry players profiled in the research study include O'Neal Manufacturing Service, BTD Manufacturing Inc., Kapco Inc., Komaspec Pte Ltd., Mayville Engineering Company Inc., Watson Engineering Inc., Defiance Metal Products, Matcor-Matsu Group Inc., Standard Iron & Wire Works Inc., Ironform Corporation, LancerFabtech Pvt. Ltd., Interplex Holdings Pte. Ltd, and P & A International
The global Metal Fabrication market has been segmented as follows:
Metal Fabrication Market, by Service
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Metal Fabrication Market, by End-use Industry
Energy & Power
Others (Defense & Aerospace and Mining)
Metal Fabrication Market, by Geography
Rest of Europe
Asia Pacific (APAC)
Rest of Asia Pacfic
Middle East & Africa (MEA)
Rest of MEA
Rest of South America
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