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Winter 2022 | M&A Report In The Metal Fabrication Industry Sector

By Jim Zipursky

March 30, 2022

The report below gives a good overview of the Winter 2022 M&A activity in the Metal Fabrication Industry Sector. The global sheet metal fabrication services industry was valued at $14.8 billion in 2020. It is expected to reach $17.2 billion by 2026 growing at a CAGR of 2.6%, as per research published by Research and Markets. Rapid urbanization in many developing countries, as well as increased R&D investments in several service sectors, has been driving growth in this industry. Military & Defense, Aerospace, Automotive, Oil and Gas, Industrial Machinery, Medical Devices, Construction, Agriculture, Consumer Products, and Electronics are some of the major users which drives the demand in the metal fabrication industry. The United States sheet metal fabrication market is estimated at $2.7 billion in 2021, while China's sheet metal fabrication market is expected to reach $6.0 billion by 2026. The major challenge faced by the metal fabrication industry is the disruption in supply chain and shortage of labor. The adoption of robots could improve the efficiency of manufacturers and help in overcoming the problem of labor shortage. In addition to that, the adoption of improved technology in the sector will also drive the demand for industry services.

Posted by Jim Zipursky.

Read the Entire Winter 2022 Metal Fabrication Report Here