Global Sheet Metal Fabrication Services Market – Global Industry Analysis and Forecast (2018-2026)
Global Sheet Metal Fabrication Services Market was valued US$16.8 Bn in 2017 and is estimated to reach approximately US$23.2 Bn by 2026 at a CAGR of about 4.12 % during a forecast.
Global sheet metal fabrication services market is segmented by form, by industry verticals, and by region. Based on form sheet metal fabrication services market is divided into bend sheet, punch sheet, cut sheet, other forms. Steel and aluminum are metal segment of sheet metal fabrication services market. Based on industry verticals, sheet metal fabrication services market is fragmented into industrial machinery, construction, aerospace, and defense, automotive, electronics, telecommunication, others. Geographically sheet metal fabrication services market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.
Electronics, automobiles, and telecommunication are major industries majorly contributing to the sheet metal fabrication services market. Increasing demand from aerospace and aviation industries and growth in the airlines and defense aircrafts market is driving the sheet metal fabrication services market in the forecast years. The composite material as the substitute to metal in automobile industry restrains the sheet metal fabrication services market.
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Rising demand for iron and steel in the automobile industry has led to the growing significance of sheet metal fabricators. Bend sheet form segment is driving the sheet metal fabrication services market. The growth of the automotive industry, construction industry, and growth in metal and manufacturing industry are driving the demand for bend sheet in the global market. Cut sheet segment is the second largest market and is expected to grow at CAGR of 2.1%.
Aluminum offers an excellent strength-to-weight ratio and is thus ideal for use in modern lightweight aircraft. Aluminium is dominating and will continue its dominance throughout the forecast period in sheet metal fabrication services market. Aluminium metal segment grabs one-third share of sheet metal fabrication services market
The automotive sector in the Asia Pacific is has grown rapidly this will be going to positively impact on the market and thereby fuelling the demand for sheet metal fabrication services. North America is leading in the sheet metal fabrication services market. The Asia Pacific will emerge as a lucrative regional market on account of the rapid urbanization, booming construction sector, and industrialization.
Marlin Steel Wire Products LLC, Mayville Engineering Company, Inc., Metcam, Inc., Moreng Metal Products, Inc., Noble Industries, Inc., O’Neal Manufacturing Services., Ryerson Holding Corporation, Standard Iron & Wire Works, Inc., and The Metalworking Group., All Metals Fabricating, Inc., BTD Manufacturing, Inc., Classic Sheet Metal, Inc., Dynamic Aerospace and Defense Group (Hydram Engineering), Ironform Corporation, Kapco Metal Stamping are players operating in the sheet metal fabrication services.
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The scope of the Global Sheet Metal Fabrication Services Market
Global Sheet Metal Fabrication Services Market By Form Type:
• Bend Sheet
• Punch Sheet
• Cut Sheet
Global Sheet Metal Fabrication Services Market By Material Type:
• Steel
• Aluminium
Global Sheet Metal Fabrication Services Market By Industry Verticals:
• Industrial Machinery
• Construction
• Aerospace and Defence
• Automotive
• Electronics
• Telecommunication
• Others
Key Player Analysed in Global Sheet Metal Fabrication Services Market:
• Marlin Steel Wire Products LLC
• Mayville Engineering Company, Inc.
• Metcam, Inc.
• Moreng Metal Products, Inc.
• Noble Industries, Inc.
• O’Neal Manufacturing Services.
MAJOR TOC OF THE REPORT
Chapter One: Sheet Metal Fabrication Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Global Sheet Metal Fabrication Market Competition, by Players
Chapter Four: Global Sheet Metal Fabrication Market Size by Regions
Chapter Five: North America Sheet Metal Fabrication Revenue by Countries
Chapter Six: Europe Sheet Metal Fabrication Revenue by Countries
Chapter Seven: Asia-Pacific Sheet Metal Fabrication Revenue by Countries
Chapter Eight: South America Sheet Metal Fabrication Revenue by Countries
Chapter Nine: Middle East and Africa Revenue Sheet Metal Fabrication by Countries
Chapter Ten: Global Sheet Metal Fabrication Market Segment by Type
Chapter Eleven: Global Sheet Metal Fabrication Market Segment by Application
Chapter Twelve: Global Sheet Metal Fabrication Market Size Forecast (2019-2026)
Browse Full Report with Facts and Figures of Sheet Metal Fabrication Market Report at: https://www.maximizemarketresearch.com/market-report/global-sheet-metal-fabrication-services-market/19724/
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