Global sheet metal fabrication services market is projected to exhibit a CAGR of 1.4% between 2017 and 2025.
Albany, NY -- (SBWIRE) -- 06/27/2019 -- The report provides an analysis of the Global Sheet Metal Fabrication Services Market for the period from 2015 to 2025, wherein the period from 2017 to 2025 comprises the forecast period and 2016 is the base year. Data for 2015 is provided as historical information. The report covers all the major trends and technologies playing a major role in the growth of the sheet metal fabrication services market over the forecast period. It also highlights various drivers, restraints, and opportunities expected to influence the market's growth during the said period. The study provides a holistic perspective on the market's growth in terms of revenue in US$ Mn, across different geographical regions namely North America, Europe, Asia Pacific, Middle East & Africa, and South America.
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Global sheet metal fabrication services market is experiencing slow growth owing to the factors such as fluctuations in the prices of raw materials. However, the increasing adoption of techniques such as prefabrication techniques and incorporation of automation in fabrication process and fabrication shops to deliver high quality products is expected to supplement the growth of the sheet metal fabrication services market. One of the major factors responsible for the growth of the sheet metal fabrication services market is the growth of automotive, construction and telecommunication industries in the developing regions such as Asia Pacific and Middle East & Africa.
The market overview section of the report showcases the market dynamics namely drivers, restraints, and opportunities that influence the current nature and future status of this market. Furthermore, it also includes trend which can help to drive the market in future. The report also provides the value chain analysis and key market indicators for the sheet metal fabrication services market. The data estimates are the result of our in-depth secondary research, primary interviews and in-house expert panel reviews. These market estimates have been analyzed by taking into account the impact of different political, social, economic, technological, and legal factors along with the current market dynamics affecting the market growth.
Sheet metal fabrication services market is segmented by material type, form, end use industry and region. By material type, global sheet metal fabrication services market is categorized into steel, aluminum, and others. Among these materials, steel is further segmented into grade 301 stainless, grade 304 stainless, grade 316 stainless, grade 410 stainless, and others (grades used on smaller scale as compared to above mentioned grades). On the basis of end use industry, sheet metal fabrication services market is segmented into manufacturing, construction, aerospace, automotive, architecture, electronics, food processing, telecommunication, and others (medical, energy and power, etc.).
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The report also includes competitive profiling of the key players associated with the sheet metal fabrication service market around the globe. The company profile includes business strategies adopted by these companies, market positioning, financials, SWOT analysis, and recent developments. Competitive landscape section of the report also gives an overview about the major contributing regions/countries by these key players in order to strengthen their market position in the future. The report also include competition matrix for players identified as playing prominent role in market
Sheet metal fabrication service providers are developing new products and services by incorporating the advanced techniques so as to deliver high quality product in less duration of time as compared to that required by conventional fabrication techniques. Some of the key players engaged in sheet metal fabrication services market are Standard Iron & Wire Works Inc., Hydram Sheet Metalwork, Classic Sheet Metal, Inc., Noble Industries, Inc., The Metalworking Group, Metcam Inc., Moreng Meta, All Metals Fabricating, Inc., Mayville Engineering Company Inc., Marlin Steel Wire Products LLC, Kapco Inc., BTD Manufacturing Inc., and Ironform Corporation.
Global Sheet Metal Fabrication Services Market
By Material Type
Grade 301 Stainless
Grade 304 Stainless
Grade 316 Stainless
Grade 410 Stainless
By End-use Industry
Others (Medical, Energy and Power, etc.)
Middle East and Africa
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