Global Metal Fabrication Market: Increased Use of Fabricated Metals across End-Use Industries Driving Growth

Diverse use of fabricated metals across industries such as oil and gas, construction, aerospace, consumer products, and medical devices among others has witnessed significant surge. Advancement in technology related to metal fabrication has also contributed significantly towards the growth of metal fabrication market. In its recently added report titled, ‘Metal Fabrication Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2025’, Market Research Hub (MRH) provides insights on the impact of recent market developments and trends on the growth of the market. To meet the growing demands of end-user industries, metal fabrication manufacturers are incorporating novel business tactics to ensure product efficiency. Manufacturers are also steadily adopting superior technology to upgrade their range of products such that they are industry specific and offer end-to-end solutions. Recent innovations such as 3-D printing technology has been adopted largely in metal fabrication industry. Besides there are other technologies such as IoT, Automation and laser technology among others that are yielding manufacturers superior results in terms of end-user satisfaction. Additionally, key players have invested towards increasing their manufacturing capacity in order to cater to increased end-user demands.   

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A recently published report confirmed that, O'Neal Manufacturing Inc., a supplier of fabricated metal components and assemblies has up scaled its infrastructure by shifting their operations into a larger unit; designed with superior facilities such as climate and light control attributes. The unit also has a dedicated paint booth to streamline operations. With this new manufacturing unit at Houston, O'Neal Manufacturing Inc. envisions to address larger industry requirements efficiently and quickly. Additionally, BTD Manufacturing Inc. a leading fabricating company announced about its acquisition of Impulse Manufacturing. This acquisition enabled BTD Manufacturing to generate new businesses in Midwest, and also identify new prospects in the area. Detailed information presented in the report offers in-depth insights pertaining to the influence of growth of various segments on the market. In this section, the report portrays key segments of the market, which consists of services, end use, and region. On the basis of services, the market is segmented as Construction, Automotive, Manufacturing, Energy & Power, Electronics and Others. Based on end use, the market is segmented as Welding, Machining, Metal Forming, Metal Shearing, Metal Cutting, Metal Folding, Metal Rolling, Metal Stamping, and Metal Punching.  

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Besides the segmentation, the report is also segmented in terms of various regions. Based on region, the market is segmented as Europe, North America, Latin America, Asia Pacific, and Middle East & Africa. Information compiled in the report guides the readers about the effect of various policies implemented by major players in different regions. Based on these perspectives, leading companies can understand the recent developments and market trends better and implement appropriate strategies for successful business decisions. Crucial perspectives encapsulated in the report offers vital information on different policies adopted by leading companies and its impact on the purchase decisions of customers. On the basis of the perspectives highlighted in the report, leading companies and new entrants in the market can make adequate deductions and core investment decisions. Key companies operating in the market include O'Neal Manufacturing Inc., BTD Manufacturing Inc., Kapco Inc, Komaspect Pte. Ltd, Mayville Engineering Company Inc, Watson Engineering Inc., Defiance Metal Products, Matcor-Matsu Group Inc., and Iron form Corporation, LancerFab Tech Pvt. Ltd., Interplex Holdings Pte. Ltd., Standard Iron & Wire Works Inc., and PA International among others.

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This release was published on openPR.