Metal Fabrication Equipment Market growing at a CAGR of 4.1% between 2021- 2031

Global Metal Fabrication Equipment Market is expected to reach $28.3 Bn by 2031 growing at a CAGR of 4.1% between 2021 and 2031.

Metal fabrication is essential in the majority of manufacturing processes. It has its significance in businesses where building metal components for various application is involved. Led by major technological advancements such as the implementation of IoT and automation, metal fabrication equipment can now deliver better results than conventional equipment. This is expected to boost the global metal fabrication equipment market soon.

To Remain ‘Ahead’ Of Your Competitors, Request for A Sample –

Rising global population is driving the consumption and demand for energy. Rapid industrialization is anticipated to drive the demand for fabrication equipment. However, the high cost of raw materials is expected to be a major restraint for the market growth. Nevertheless, technological advancements and efforts to develop customized equipment are anticipated to create business avenues for the manufacturers in near future.

As the world’s population grows, so will the world’s energy consumption, causing countries to become more industrialized and driving the market for metal fabrication equipment. The aviation and car industries utilize fabricated metal significantly, and there is a boom in the trend in these industries, which will drive the market even more. The availability of raw materials and price fluctuations are the primary concerns in the metal fabrication equipment market, which are limiting the market’s growth. However, other prospects exist, including technology advancements and a surge in emerging markets, particularly in Asia-Pacific.

COVID-19 Impact Analysis:

The emergence of the novel COVID strain has harmed the health-care infrastructure in many industrialized and developing countries. Staff, medicines, oxygen beds, and ventilators are all in short supply in the hospital. Supply chains are being disrupted, causing production activities to be disrupted in several countries.

However, as the economy improves and governments remove limitations on manufacturing, demand for metal fabrication equipment is expected to increase in the future years.

Get Customized Report as Per Your Requirement –

Key Trends and Drivers:

  • All automotive manufacturers must adhere to strict pollution regulations, and the easiest method to do so is to minimize their weight. Aluminum alloys, sophisticated high-strength steels, magnesium, composite materials, carbon fiber, and a variety of plastic materials are all employed in the production of automobiles.
  • As it relates to the flow of information to machine tools and engineers/operators, the rise of Industry, or the Internet of Things (IoT), which is a crucial trend, is projected to have a profound impact on tooling and fabricating equipment. Smart tooling should provide real-time input on issues like vibration and transmit notifications to the engineer.
  • Changes in the financial and manufacturing sectors, as well as the implementation of automated fabrication processes, are projected to move the market forward.


By Equipment Type

  • Machining
  • Cutting
  • Forming
  • Welding
  • Others

Buy Now –

 By Application Outlook

  • Job Shops
  • Automotive
  • Aerospace & Defense
  • Mechanical Application

By Type

  • Cutting
  • Machining
  • Welding

Key Players:

  • Jet Edge, Inc.
  • Jenoptik AG
  • Defiance Metal Products
  • Interplex Holdings Pte.
  • Watson Engineering, Inc.
  • Lancer Fab Tech Pvt. Ltd.
  • Fabtech Pvt Ltd.
  • Atlas Copco
  • Komaspect
  • Colfax

With Global Insight Services, you receive:

  • 10-year forecast to help you make strategic decisions
  • In-depth segmentation which can be customized as per your requirements
  • Free consultation with lead analyst of the report
  • Excel data pack included with all report purchases
  • Robust and transparent research methodology

Ground breaking research and market player-centric solutions for the upcoming decade according to the present market scenario

New Report Published by Global Insight Services:

About Global Insight Services:

Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.

Contact Us:

Global Insight Services LLC
16192, Coastal Highway, Lewes DE 19958
E-mail: [email protected]
Phone: +1–833–761–1700