Authored By: Sarah
19 Aug 2024

Sheet Metal Fabrication Services Market 2024-2028: Size and Lack of skilled workforce; growth driven by the End-user, Some of key Companies Positioned Strategically

The sheet metal fabrication services market size by End-user (Automotive, Industrial machinery, Electrical and electronics, Aerospace and defense, and Others) and Geography (APAC, North America, Europe, South America, and Middle East and Africa), is forecast to increase by USD 3314.8 million. The market is expected to grow at a CAGR of   3.27% between 2024 and 2028.

  • In the dynamic Sheet Metal Fabrication Services Market, the shift towards advanced technologies, such as Computer Numerical Control (CNC) machines, is a response to escalating demand and the need for higher efficiency, superior product quality, and customer satisfaction. Welding, a critical process in this industry, is significantly impacted by labor costs, which account for approximately 80% of expenses in field welding. The global workforce shortage, particularly in key manufacturing hubs like the US, India, and China, poses a significant challenge for fabrication shops.
  • The sheet metal fabrication services market encompasses the production of various products through the shaping and manipulation of metal sheets. Businesses specializing in this sector offer solutions for design, engineering, fabrication, and installation of metal components. By leveraging advanced technologies and techniques, these providers ensure high-quality, cost-effective, and efficient manufacturing processes for their clients.

Access the full report to know who are the other key countries segment-wise forecast and historic data

 

Some of the Key Companies:

  • All Metals Fabricating Inc.
  • BTD Manufacturing
  • Classic Sheet Metal Inc.
  • Cupples J and J Co. Inc.
  • Diehl Stiftung and Co. KG
  • Dynamic Aerospace and Defense Ltd.
  • Ironform Corp.
  • Kapco Metal Stamping
  • Marlin Steel Wire Products LLC
  • Mayville Engineering Co. Inc.
  • Metal Fab Services Inc.
  • Metal Working Group
  • Metcam Inc.
  • Moreng Metal Products Inc.
  • Noble Industries Inc.
  • ONeal Manufacturing Services
  • Otter Tail Corp.
  • Quality Sheet Metal Inc.
  • Ryerson Holding Corp.
  • Standard Iron and Wire Works Inc.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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