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Steel Fabrication Market, Global Outlook and Forecast 2023-2030

Steel Fabrication Market, Global Outlook and Forecast 2023-2030

  • Published on : 11 December 2023
  • Pages :103
  • Report Code:SMR-7873904

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Report overview

The global Steel Fabrication market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

The USA market for Global Steel Fabrication market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.

The China market for Global Steel Fabrication market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.

The Europe market for Global Steel Fabrication market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.

Steel Fabrication is the process involved in shaping, cutting and assembling components which are designed with steel. Industries in the fabricated steel sector transform steel into intermediate or end products, other than machinery, metal furniture, or treat metals and metal formed products fabricated elsewhere. Important fabricated steel processes are forging, stamping, bending, forming, and machining, used to shape individual pieces of the metal; and other processes, such as welding and assembling, used to join separate parts together. Establishments in this subsector may use one of these processes or a combination of these processes. The day to day technological advancements are boosting up the quality standards of production by creating a computer-aided design (CAD)/ computer-aided manufacturing (CAM) environment in the modern steelwork fabrication factories.
This report aims to provide a comprehensive presentation of the global market for 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 Steel Fabrication.

This report contains market size and forecasts of Steel Fabrication in global, including the following market information:

  • Global Steel Fabrication Market Revenue, 2018-2023, 2024-2030, ($ millions)
  • Global top five companies in 2022 (%)

Steel fabrication?is termed as the process wherein raw materials are transformed into a final product. Stainless steel is well-known for its corrosion resistance and heat resistance. Stainless steel fabrication differs from carbon steel fabrication due to the amount of chromium present during fabrication. Steel fabrication products are used in the manufacture of a wide range of household products to large machinery parts used in aviation and automobile industries.
We surveyed the 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 Steel Fabrication Market, by Type, 2018-2023, 2024-2030 ($ millions)
Global Steel Fabrication Market Segment Percentages, by Type, 2022 (%)

  • Carbon Steel
  • Alloy Steel
  • Stainless Steel
  • Tool Steel

Global Steel Fabrication Market, by Application, 2018-2023, 2024-2030 ($ millions)
Global Steel Fabrication Market Segment Percentages, by Application, 2022 (%)

  • Automotive
  • Shipping
  • Infrastructure
  • Railways
  • Aviation
  • Power & Energy
  • Machine Goods
  • Home Appliances
  • Others

Global Steel Fabrication Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions)
Global Steel Fabrication Market Segment Percentages, By Region and Country, 2022 (%)

  • North America (United States, Canada, Mexico)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
  • The Middle East and Africa (Middle East, Africa)
  • South and Central America (Brazil, Argentina, Rest of SCA)

Competitor Analysis
The report also provides analysis of leading market participants including:

  • Key companies Steel Fabrication revenues in global market, 2018-2023 (estimated), ($ millions)
  • Key companies 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 Metal Stamping
  • Mayville Engineering Company
  • Watson Engineering
  • Defiance Metal Products
  • Standard Iron & Wire Works
  • Ironform
  • EVS Metal
  • LancerFab Tech
  • Interplex Holdings
  • Global Fabricators
  • Fabtech Group
  • Xiamen Wenzhong Stainless Steel Product
  • Shanghai Canhu Industry

Outline of Major Chapters:
Chapter 1: Introduces the definition of Steel Fabrication, market overview.
Chapter 2: Global Steel Fabrication market size in revenue.
Chapter 3: Detailed analysis of 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 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.