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Global Sheet Metal Fabrication Services Industry

September 10, 2020


Amid the COVID-19 crisis, the global market for Sheet Metal Fabrication Services estimated at US$3.8 Billion in the year 2020, is projected to reach a revised size of US$4.3 Billion by 2027, growing at a CAGR of 2% over the analysis period 2020-2027.Steel, one of the segments analyzed in the report, is projected to grow at a 2.1% CAGR to reach US$1.8 Billion by the end of the analysis period.After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Aluminum segment is readjusted to a revised 2% CAGR for the next 7-year period. This segment currently accounts for a 28% share of the global Sheet Metal Fabrication Services market.

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