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Structural Steel Fabrication Market, Global Outlook and Forecast 2023-2030

Structural Steel Fabrication Market, Global Outlook and Forecast 2023-2030

  • Published on : 18 November 2023
  • Pages :61
  • Report Code:SMR-7853159

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Report overview

Fabrication of structural steel requires highly skilled professionals with experience in transforming a raw material into various marketable products. Structural steel is mostly utilized in heavy industrial processes, wherein fabricated steel is required. After cutting, blending, and assembling of steel, fabricators need to decide the shape of metal as per the requirement of the customer. Most structural steel fabricators use cutting-edge technology to keep track of the operation and maintain proficiency. Structural steel fabrication workshops work on multiple value-added services under a single roof, which include welding, cutting, machining, and shearing.
This report aims to provide a comprehensive presentation of the global market for Structural Steel Fabrication, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Structural Steel Fabrication. This report contains market size and forecasts of Structural Steel Fabrication in global, including the following market information:
Global Structural Steel Fabrication Market Revenue, 2018-2023, 2024-2030, ($ millions)
Global top five companies in 2022 (%)
The global Structural Steel Fabrication market was valued at US$ 120170 million in 2022 and is projected to reach US$ 140870 million by 2029, at a CAGR of 2.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Asia Pacific held a prominent share of the global market, accounting for nearly half the share of the global market, in 2017. However, the market in North America is anticipated to expand at a CAGR of 2.71% from 2017 to 2026. Expansion of the market in North America is primarily attributed to the expansion of construction and manufacturing industries in the region. Expansion of the automotive sector has positively influenced the market for structural steel fabrication in Europe.
We surveyed the Structural Steel Fabrication companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Structural Steel Fabrication Market, by Type, 2018-2023, 2024-2030 ($ millions)
Global Structural Steel Fabrication Market Segment Percentages, by Type, 2022 (%)
Metal Welding
Metal Forming
Metal Cutting
Metal Shearing
Metal Stamping
Metal Rolling
Others
Global Structural Steel Fabrication Market, by Application, 2018-2023, 2024-2030 ($ millions)
Global Structural Steel Fabrication Market Segment Percentages, by Application, 2022 (%)
Construction
Automotive
Manufacturing
Energy & Power
Electronics
Defense & Aerospace
Others
Global Structural Steel Fabrication Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions)
Global Structural Steel Fabrication Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Structural Steel Fabrication revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Structural Steel Fabrication revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
O'Neal Manufacturing Service
BTD Manufacturing
Kapco
Mayville Engineering Company
Watson Engineering
Defiance Metal Products
Standard Iron & Wire Works
Ironform Corporation
EVS Metal
LancerFab Tech Pvt. Ltd
Interplex Holdings Pte. Ltd
Outline of Major Chapters:
Chapter 1: Introduces the definition of Structural Steel Fabrication, market overview.
Chapter 2: Global Structural Steel Fabrication market size in revenue.
Chapter 3: Detailed analysis of Structural Steel Fabrication company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Structural Steel Fabrication in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.