Skip to main content

Posts

Showing posts with the label Metal Fabrication Market

Metal Fabrication Market: Trends, outlook and Opportunity Analysis 2024

The global metal fabrication market is extremely fragmented and the vendor landscape comprises a large number of unorganized players. Transparency Market Research finds that the top six players in the global metal fabrication market collectively accounted for a share of less than 6% in 2015. These players, namely O’Neal Manufacturing Services, BTD Manufacturing Inc., Mayville Engineering, Defiance Metal Products, Ironform Corporation, and Interplex Holdings, have been focused on tie-ups with large OEMs, acquisitions and expansions, cost saving, efficient production management, and logistics to gain a greater share in the global metal fabrication market. Investment in research and development activities is also a key growth strategy adopted by many companies, the author of the TMR study finds. For instance, O’Neal Manufacturing Services invested US$5 mn on equipment and machinery in May 2014. This facilitated the company in providing fabricated parts and components for Cater...