Sheet Metal Fabrication Services Market Size, Share, Trends, Growth 2032

Sheet Metal Fabrication Services Industry Prospective:

The global sheet metal fabrication services market size was worth around USD 4.38 billion in 2023 and is predicted to grow to around USD 6.24 billion by 2032 with a compound annual growth rate (CAGR) of roughly 4% between 2024 and 2032.

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The report covers forecasts and analyses 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 from 2018 to 2022 along with a forecast from 2024 to 2032 based on revenue (USD Billion).

Sheet Metal Fabrication Services Market: Growth Drivers

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.

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Sheet Metal Fabrication Services Market: Segmentation

The global sheet metal fabrication services market has been categorized on the basis of form, material, end-use industry, and region.

Based on the form, the sheet metal fabrication services market is segmented into bent sheets, punch sheets, cut sheets, 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.

Sheet Metal Fabrication Services Market: Report Scope

Sheet Metal Fabrication Services Market: Regional Analysis

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 the APAC and MEA regions. Geographically, the North American 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 of the sheet metal fabrication services market within the forecast period. The Asia-Pacific region is becoming the main hub for several construction activities owing to 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.

Sheet Metal Fabrication Services Market: Competitive Space

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.
• The Metalworking Group 
• among others.

This report segments the global sheet metal fabrication services market as follows:

By Form

• Bent Sheet
  • Telecom
  • Electronics
  • Construction
  • Manufacturing Industries
• Punch Sheet
• Cut Sheet
• Other Forms

By Material

• Steel
  • Grade 304 Stainless
  • Grade 410 Stainless
  • Grade 316 Stainless
  • Grade 301 Stainless
  • And Others.
• Aluminum
• and Others. 

By End-Use Industry

• Industrial Machinery
• Construction
• Aerospace & Defense
• Automotive
• Electronics
• Telecommunication
• And Others

Global Hydrolyzed Vegetable Protein Market: Regional Segment Analysis

• North America
  • U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• Middle East and Africa