PUBLISHER: IMARC | PRODUCT CODE: 1451867
PUBLISHER: IMARC | PRODUCT CODE: 1451867
Metal Fabrication Equipment Market Report by Type (Cutting, Machining, Welding, Bending, and Others), Application (Job Shops, Automotive, Aerospace and Defense, Mechanical Applications, and Others), and Region 2024-2032
The global metal fabrication equipment market size reached US$ 70.7 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 102.5 Billion by 2032, exhibiting a growth rate (CAGR) of 4.1% during 2024-2032. The rising automation across various industries, the increasing integration of advanced technologies such as like artificial intelligence (AI), Internet of Things (IoT), and cloud computing, and the escalating demand for customized metal products represent some of the key factors driving the market.
Metal fabrication equipment refers to the machinery, tools, and equipment used in the process of shaping, cutting, joining, and assembling metal components and structures. This equipment is specifically designed and built to handle various tasks involved in metal fabrication, enabling the transformation of raw metal materials into finished products. includes tools such as laser cutting machines, plasma cutters, and shearing machines used to cut metal sheets or plates into desired shapes and sizes. It also includes forming equipment to shape metal sheets and plates into different forms. In addition, it consists of welding, machining, finishing, and assembly equipment for carrying out different tasks. Metal fabrication equipment plays a crucial role in the construction and architecture industries. It is used to fabricate structural components, such as beams, columns, and trusses, as well as architectural elements like railings, stairs, and facades. It is also used in the automotive and aerospace industries for manufacturing vehicle bodies, frames, engine components, and aircraft structures. The versatility and capabilities of this equipment allow for the production of various metal products across different industries.
Metal Fabrication Equipment Market Trends:
The market is primarily driven by the increasing automation across various industries. Nowadays, manufacturers are investing in new and advanced equipment to improve productivity, reduce downtime, and enhance product quality which is escalating the demand for metal fabrication equipment. In addition, the increasing industrialization and infrastructure development across various regions represent another major growth-inducing factor. As economies grow and urbanization expands, there is a need for metal components and structures in industries such as construction, automotive, energy, and manufacturing, increasing the need for metal fabrication equipment. Besides this, the rising integration of advanced technologies such as artificial intelligence (AI), Internet of Things (IoT), and cloud computing that enable real-time monitoring, predictive maintenance, data analytics, and remote control of metal fabrication equipment, leading to improved operational efficiency and cost savings, is also contributing to market growth. Moreover, with growing environmental concerns and rising energy costs, manufacturers are developing machines with energy-saving features, such as advanced power management systems, regenerative braking, and smart controls, to minimize energy consumption and reduce carbon footprint. This, coupled with the escalating demand for customized metal products is propelling the market growth. Metal fabrication equipment enables manufacturers to offer tailored solutions to their customers, meeting their specific requirements and designs.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global metal fabrication equipment market, along with forecasts at the global, regional, and country levels from 2024-2032. Our report has categorized the market based on type and application.
Type Insights:
Cutting
Machining
Welding
Bending
Others
The report has provided a detailed breakup and analysis of the metal fabrication equipment market based on the type. This includes cutting, machining, welding, bending, and others. According to the report, cutting represented the largest segment.
Application Insights:
Job Shops
Automotive
Aerospace and Defense
Mechanical Applications
Others
A detailed breakup and analysis of the metal fabrication equipment market based on the application has also been provided in the report. This includes Job shops, automotive, aerospace and defense, mechanical applications, and others. According to the report, automotive accounted for the largest market share.
Regional Insights:
North America
United States
Canada
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Asia Pacific was the largest market for metal fabrication equipment. Some of the factors driving the Asia Pacific metal fabrication equipment market included various technological advancements, rapid industrialization, and increasing automation across various industries.
Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the global metal fabrication equipment market. Detailed profiles of all major companies have been provided. Some of the companies covered include Amada Co. Ltd., BTD Manufacturing Inc., Bystronic Group, DMG MORI Co. Ltd., IPG Photonics Corporation, Jet Edge INC., Messer Cutting Systems GmbH (MEC Group), Omax Corporation (Hypertherm Inc.), TRUMPF GmbH + Co. KG., etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
Key Questions Answered in This Report:
- How has the global metal fabrication equipment market performed so far, and how will it perform in the coming years?
- What are the drivers, restraints, and opportunities in the global metal fabrication equipment market?
- What is the impact of each driver, restraint, and opportunity on the global metal fabrication equipment market?
- What are the key regional markets?
- Which countries represent the most attractive metal fabrication equipment market?
- What is the breakup of the market based on the type?
- Which is the most attractive type in the metal fabrication equipment market?
- What is the breakup of the market based on the application?
- Which is the most attractive application in the metal fabrication equipment market?
- What is the competitive structure of the global metal fabrication equipment market?
- Who are the key players/companies in the global metal fabrication equipment market?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Metal Fabrication Equipment Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Type
- 6.1 Cutting
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Machining
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Welding
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 Bending
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
- 6.5 Others
- 6.5.1 Market Trends
- 6.5.2 Market Forecast
7 Market Breakup by Application
- 7.1 Job Shops
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Automotive
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Aerospace and Defense
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Mechanical Applications
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
- 7.5 Others
- 7.5.1 Market Trends
- 7.5.2 Market Forecast
8 Market Breakup by Region
- 8.1 North America
- 8.1.1 United States
- 8.1.1.1 Market Trends
- 8.1.1.2 Market Forecast
- 8.1.2 Canada
- 8.1.2.1 Market Trends
- 8.1.2.2 Market Forecast
- 8.1.1 United States
- 8.2 Asia-Pacific
- 8.2.1 China
- 8.2.1.1 Market Trends
- 8.2.1.2 Market Forecast
- 8.2.2 Japan
- 8.2.2.1 Market Trends
- 8.2.2.2 Market Forecast
- 8.2.3 India
- 8.2.3.1 Market Trends
- 8.2.3.2 Market Forecast
- 8.2.4 South Korea
- 8.2.4.1 Market Trends
- 8.2.4.2 Market Forecast
- 8.2.5 Australia
- 8.2.5.1 Market Trends
- 8.2.5.2 Market Forecast
- 8.2.6 Indonesia
- 8.2.6.1 Market Trends
- 8.2.6.2 Market Forecast
- 8.2.7 Others
- 8.2.7.1 Market Trends
- 8.2.7.2 Market Forecast
- 8.2.1 China
- 8.3 Europe
- 8.3.1 Germany
- 8.3.1.1 Market Trends
- 8.3.1.2 Market Forecast
- 8.3.2 France
- 8.3.2.1 Market Trends
- 8.3.2.2 Market Forecast
- 8.3.3 United Kingdom
- 8.3.3.1 Market Trends
- 8.3.3.2 Market Forecast
- 8.3.4 Italy
- 8.3.4.1 Market Trends
- 8.3.4.2 Market Forecast
- 8.3.5 Spain
- 8.3.5.1 Market Trends
- 8.3.5.2 Market Forecast
- 8.3.6 Russia
- 8.3.6.1 Market Trends
- 8.3.6.2 Market Forecast
- 8.3.7 Others
- 8.3.7.1 Market Trends
- 8.3.7.2 Market Forecast
- 8.3.1 Germany
- 8.4 Latin America
- 8.4.1 Brazil
- 8.4.1.1 Market Trends
- 8.4.1.2 Market Forecast
- 8.4.2 Mexico
- 8.4.2.1 Market Trends
- 8.4.2.2 Market Forecast
- 8.4.3 Others
- 8.4.3.1 Market Trends
- 8.4.3.2 Market Forecast
- 8.4.1 Brazil
- 8.5 Middle East and Africa
- 8.5.1 Market Trends
- 8.5.2 Market Breakup by Country
- 8.5.3 Market Forecast
9 Drivers, Restraints, and Opportunities
- 9.1 Overview
- 9.2 Drivers
- 9.3 Restraints
- 9.4 Opportunities
10 Value Chain Analysis
11 Porters Five Forces Analysis
- 11.1 Overview
- 11.2 Bargaining Power of Buyers
- 11.3 Bargaining Power of Suppliers
- 11.4 Degree of Competition
- 11.5 Threat of New Entrants
- 11.6 Threat of Substitutes
12 Price Analysis
13 Competitive Landscape
- 13.1 Market Structure
- 13.2 Key Players
- 13.3 Profiles of Key Players
- 13.3.1 Amada Co. Ltd.
- 13.3.1.1 Company Overview
- 13.3.1.2 Product Portfolio
- 13.3.1.3 Financials
- 13.3.2 BTD Manufacturing Inc.
- 13.3.2.1 Company Overview
- 13.3.2.2 Product Portfolio
- 13.3.3 Bystronic Group
- 13.3.3.1 Company Overview
- 13.3.3.2 Product Portfolio
- 13.3.3.3 Financials
- 13.3.4 DMG MORI Co. Ltd.
- 13.3.4.1 Company Overview
- 13.3.4.2 Product Portfolio
- 13.3.4.3 Financials
- 13.3.5 IPG Photonics Corporation
- 13.3.5.1 Company Overview
- 13.3.5.2 Product Portfolio
- 13.3.5.3 Financials
- 13.3.6 Jet Edge INC.
- 13.3.6.1 Company Overview
- 13.3.6.2 Product Portfolio
- 13.3.7 Messer Cutting Systems GmbH (MEC Group)
- 13.3.7.1 Company Overview
- 13.3.7.2 Product Portfolio
- 13.3.8 Omax Corporation (Hypertherm Inc.)
- 13.3.8.1 Company Overview
- 13.3.8.2 Product Portfolio
- 13.3.9 TRUMPF GmbH + Co. KG
- 13.3.9.1 Company Overview
- 13.3.9.2 Product Portfolio
- 13.3.1 Amada Co. Ltd.
Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
List of Figures
- Figure 1: Global: Metal Fabrication Equipment Market: Major Drivers and Challenges
- Figure 2: Global: Metal Fabrication Equipment Market: Sales Value (in Billion US$), 2018-2023
- Figure 3: Global: Metal Fabrication Equipment Market Forecast: Sales Value (in Billion US$), 2024-2032
- Figure 4: Global: Metal Fabrication Equipment Market: Breakup by Type (in %), 2023
- Figure 5: Global: Metal Fabrication Equipment Market: Breakup by Application (in %), 2023
- Figure 6: Global: Metal Fabrication Equipment Market: Breakup by Region (in %), 2023
- Figure 7: Global: Metal Fabrication Equipment (Cutting) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 8: Global: Metal Fabrication Equipment (Cutting) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 9: Global: Metal Fabrication Equipment (Machining) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 10: Global: Metal Fabrication Equipment (Machining) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 11: Global: Metal Fabrication Equipment (Welding) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 12: Global: Metal Fabrication Equipment (Welding) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 13: Global: Metal Fabrication Equipment (Bending) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 14: Global: Metal Fabrication Equipment (Bending) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 15: Global: Metal Fabrication Equipment (Other Types) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 16: Global: Metal Fabrication Equipment (Other Types) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 17: Global: Metal Fabrication Equipment (Job Shops) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 18: Global: Metal Fabrication Equipment (Job Shops) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 19: Global: Metal Fabrication Equipment (Automotive) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 20: Global: Metal Fabrication Equipment (Automotive) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 21: Global: Metal Fabrication Equipment (Aerospace and Defense) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 22: Global: Metal Fabrication Equipment (Aerospace and Defense) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 23: Global: Metal Fabrication Equipment (Mechanical Applications) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 24: Global: Metal Fabrication Equipment (Mechanical Applications) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 25: Global: Metal Fabrication Equipment (Other End Users) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 26: Global: Metal Fabrication Equipment (Other End Users) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 27: North America: Metal Fabrication Equipment Market: Sales Value (in Million US$), 2018 & 2023
- Figure 28: North America: Metal Fabrication Equipment Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 29: United States: Metal Fabrication Equipment Market: Sales Value (in Million US$), 2018 & 2023
- Figure 30: United States: Metal Fabrication Equipment Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 31: Canada: Metal Fabrication Equipment Market: Sales Value (in Million US$), 2018 & 2023
- Figure 32: Canada: Metal Fabrication Equipment Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 33: Asia-Pacific: Metal Fabrication Equipment Market: Sales Value (in Million US$), 2018 & 2023
- Figure 34: Asia-Pacific: Metal Fabrication Equipment Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 35: China: Metal Fabrication Equipment Market: Sales Value (in Million US$), 2018 & 2023
- Figure 36: China: Metal Fabrication Equipment Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 37: Japan: Metal Fabrication Equipment Market: Sales Value (in Million US$), 2018 & 2023
- Figure 38: Japan: Metal Fabrication Equipment Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 39: India: Metal Fabrication Equipment Market: Sales Value (in Million US$), 2018 & 2023
- Figure 40: India: Metal Fabrication Equipment Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 41: South Korea: Metal Fabrication Equipment Market: Sales Value (in Million US$), 2018 & 2023
- Figure 42: South Korea: Metal Fabrication Equipment Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 43: Australia: Metal Fabrication Equipment Market: Sales Value (in Million US$), 2018 & 2023
- Figure 44: Australia: Metal Fabrication Equipment Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 45: Indonesia: Metal Fabrication Equipment Market: Sales Value (in Million US$), 2018 & 2023
- Figure 46: Indonesia: Metal Fabrication Equipment Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 47: Others: Metal Fabrication Equipment Market: Sales Value (in Million US$), 2018 & 2023
- Figure 48: Others: Metal Fabrication Equipment Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 49: Europe: Metal Fabrication Equipment Market: Sales Value (in Million US$), 2018 & 2023
- Figure 50: Europe: Metal Fabrication Equipment Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 51: Germany: Metal Fabrication Equipment Market: Sales Value (in Million US$), 2018 & 2023
- Figure 52: Germany: Metal Fabrication Equipment Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 53: France: Metal Fabrication Equipment Market: Sales Value (in Million US$), 2018 & 2023
- Figure 54: France: Metal Fabrication Equipment Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 55: United Kingdom: Metal Fabrication Equipment Market: Sales Value (in Million US$), 2018 & 2023
- Figure 56: United Kingdom: Metal Fabrication Equipment Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 57: Italy: Metal Fabrication Equipment Market: Sales Value (in Million US$), 2018 & 2023
- Figure 58: Italy: Metal Fabrication Equipment Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 59: Spain: Metal Fabrication Equipment Market: Sales Value (in Million US$), 2018 & 2023
- Figure 60: Spain: Metal Fabrication Equipment Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 61: Russia: Metal Fabrication Equipment Market: Sales Value (in Million US$), 2018 & 2023
- Figure 62: Russia: Metal Fabrication Equipment Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 63: Others: Metal Fabrication Equipment Market: Sales Value (in Million US$), 2018 & 2023
- Figure 64: Others: Metal Fabrication Equipment Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 65: Latin America: Metal Fabrication Equipment Market: Sales Value (in Million US$), 2018 & 2023
- Figure 66: Latin America: Metal Fabrication Equipment Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 67: Brazil: Metal Fabrication Equipment Market: Sales Value (in Million US$), 2018 & 2023
- Figure 68: Brazil: Metal Fabrication Equipment Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 69: Mexico: Metal Fabrication Equipment Market: Sales Value (in Million US$), 2018 & 2023
- Figure 70: Mexico: Metal Fabrication Equipment Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 71: Others: Metal Fabrication Equipment Market: Sales Value (in Million US$), 2018 & 2023
- Figure 72: Others: Metal Fabrication Equipment Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 73: Middle East and Africa: Metal Fabrication Equipment Market: Sales Value (in Million US$), 2018 & 2023
- Figure 74: Middle East and Africa: Metal Fabrication Equipment Market: Breakup by Country (in %), 2023
- Figure 75: Middle East and Africa: Metal Fabrication Equipment Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 76: Global: Metal Fabrication Equipment Industry: Drivers, Restraints, and Opportunities
- Figure 77: Global: Metal Fabrication Equipment Industry: Value Chain Analysis
- Figure 78: Global: Metal Fabrication Equipment Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Metal Fabrication Equipment Market: Key Industry Highlights, 2023 & 2032
- Table 2: Global: Metal Fabrication Equipment Market Forecast: Breakup by Type (in Million US$), 2024-2032
- Table 3: Global: Metal Fabrication Equipment Market Forecast: Breakup by Application (in Million US$), 2024-2032
- Table 4: Global: Metal Fabrication Equipment Market Forecast: Breakup by Region (in Million US$), 2024-2032
- Table 5: Global: Metal Fabrication Equipment Market: Competitive Structure
- Table 6: Global: Metal Fabrication Equipment Market: Key Players
