Metal Fabrication Market Report 2026

The metal fabrication market size has grown steadily in recent years. It will grow from $22.55 billion in 2025 to $23.4 billion in 2026 at a compound annual growth rate (CAGR) of 3.7%. The growth in the historic period can be attributed to growth of construction and infrastructure development, expansion of manufacturing industries, demand from oil and gas sector, increased use of welded metal structures, adoption of traditional machining and bending techniques.

The metal fabrication market size is expected to see steady growth in the next few years. It will grow to $27.19 billion in 2030 at a compound annual growth rate (CAGR) of 3.8%. The growth in the forecast period can be attributed to rise in smart factory adoption, growth in renewable energy and power projects, increasing demand for aluminum fabrication, expansion of electric vehicle manufacturing, adoption of advanced welding and cutting technologies. Major trends in the forecast period include growing adoption of automated and cnc-based fabrication processes, rising demand for customized and precision metal components, increasing use of lightweight and high-strength metals, expansion of laser and advanced cutting technologies, integration of end-to-end metal fabrication services.

The expanding construction industry is anticipated to support the growth of the metal fabrication market in the coming years. The construction industry encompasses a broad range of activities associated with the planning, design, development, construction, renovation, and upkeep of buildings and infrastructure. Metal fabrication plays a crucial role in construction by supplying key structural and decorative components for buildings, owing to its adaptability and customization capabilities. For example, in November 2024, the Office for National Statistics (ONS), a UK-based government statistical agency, reported that total new construction work output in Great Britain rose by 4.2% to reach $176.6 billion (£139,029 million), achieving a record high compared with 2022. As a result, the continued growth of the construction industry is expected to drive expansion in the metal fabrication market.

Major companies operating in the metal fabrication market are increasingly adopting advanced technologies, such as digital sheet metal forming, to enhance production speed, remove tooling limitations, and enable highly flexible manufacturing processes. Digital sheet metal forming is a technology that shapes metal directly from a digital design file without relying on stamping presses, molds, or custom dies, allowing rapid, on-demand manufacturing with lower costs and shorter lead times. For example, in May 2024, Evology Manufacturing Corporation, a US-based contract manufacturer, implemented Desktop Metal’s Figur G15 system, a next-generation digital sheet forming solution that utilizes patented Digital Sheet Forming (DSF) technology to form sheet metal with cycle times of less than one hour. This technology enables Evology to quickly manufacture large, complex metal components using cold-rolled steel and 6061 aluminum, providing customers with faster prototyping capabilities and greater production flexibility.

In November 2023, Klöckner & Co SE, a Germany-based steel and metal products company, acquired Industrial Manufacturing Services (IMS) via its U.S. subsidiary, Kloeckner Metals Corporation, for an undisclosed sum. With this acquisition, Klöckner & Co intends to substantially enhance its metal fabrication operations in the United States by incorporating IMS’s expertise in high-precision metal component manufacturing and furthering its strategy to establish itself as a leading vertically integrated supplier to OEMs. Industrial Manufacturing Services is a U.S.-based metal fabrication firm focused on metal component manufacturing, welding, assembly, and just-in-time production services.

Major companies operating in the metal fabrication market report are Interplex Holdings Pte. Ltd., Kaman Corporation, Mayville Engineering Comp. Inc., O’Neal Manufacturing Services, BTD Manufacturing Inc., Ironform Corporation, Kapco Metal Stamping, Standard Iron & Wire Works Inc., CGI Automated Manufacturing, Hartwell Manufacturing, Matcor-Matsu Group Inc., Komaspec, Adey Steel Ltd, Richlind Metal Fabricators, Watson Engineering Inc., LancerFab Tech Pvt. Ltd., PMS Fabrications Ltd, Gray Fabrication Ltd, Mudersbach GmbH & Co. KG, Lycett Fabrications Ltd, London Steel Fabrication Ltd., M J Ellis Manufacturing, Helander Metal, Schaumburg Specialties LLC, Ark Alloy LLC.

Asia-Pacific was the largest region in the metal fabrication market in 2025. The regions covered in the metal fabrication market are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the metal fabrication market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The metal fabrication market consists of revenues earned by entities by providing services such as designing and engineering, forming and shaping, welding, and quality control. The market value includes the value of related goods sold by the service provider or included within the service offering. The metal fabrication market also includes sales of structural components, sheet metal parts, machine parts. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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