Metal fabrication software market is anticipated to grow at a considerable CAGR of 5.5% during the forecast period. Metal fabrication software helps manufacturers streamline their design, planning, and manufacturing processes. It can also automate and integrate key processes, such as quoting and estimating, inventory management, and production scheduling. The rising automation in metal fabrication industry is a key factor driving the growth of the global market. The adoption of robotics, computer-aided engineering, and ERP software helps in making manufacturing facilities safe, enhances productivity, and reduce the labor cost. A lack of qualified people and advances in additive construction technologies have hindered the growth market.
Delay in manufactured products, issues in supply chain, manually managed factories, and money spent on training and consulting are some of the common challenges faced by manufacturing industries. Metal fabrication software promotes the industry to deliver product on time by carefully managing the supply chain as the metal fabrication software can be deployed on cloud and thus will strore all the data which can be easily accessed by the user instantly. Additionally, it also helps in tracking the products and shipments in real time with the available geospatial dat. The rising adoption of CNC machine tools for shaping and moldering of metals and advancement in technology such as jerk control, AI contour control or motion control software functions are also enhancing the productivity and reduces manufacturing cost thus contributing to the growth of the global metal fabrication software market.
Segmental Outlook
The global metal fabrication software market is segmented based on deployment model and end-user. Based on deployment model, the market is segmented into on-premises, cloud based. Based on the end-user, the market is segmented into manufacturing, construction, telecom, electronics, automotive, aerospace & defense, machinery.
Construction Segment Hold Considerable Share in the Global Market
The growing demand for metal fabrication software in construction industry due to high requirement of metal fabrication in construction industry has driven the growth of this market segment. The increasing investment in infrastructure projects, especially in developing economies such as India, China, and Brazil has made significant contributing to the growth of the construction sector. Structural steel fabrication is gaining traction in the construction industry, owing to its various advantages. Structural steel is a green structural construction material that proactively contributes to the carbon reduction and increase energy efficiency. Steel structures used for construction can be recycled and reused for other applications, thereby promoting sustainable development in construction sector.
Regional Outlook
The global metal fabrication software market is further segmented based on geography, including North America (the US and Canada), Europe (Italy, Spain, Germany, France, and others), Asia-Pacific (India, China, Japan, South Korea, and others), and the Rest of the World (the Middle East & Africa and Latin America).
Global Metal Fabrication Software Market Growth, by Region 2023-2030
North America Hold Considerable Share in the Global Metal Fabrication Software Market
The advanced IT infrastructure of the country along with high investment in infrastructure projects is a key factor driving the growth of the regional market. According to the Associated General Contractors (AGC) of America, Inc., Construction is a major contributor to the US economy. There were more than 919,000 construction establishments in the US in the 1st quarter of 2023. The industry employs 8.0 million employees and creates nearly $2.1 trillion worth of structures each year. Construction is one of the largest customers for manufacturing, mining and a variety of services.
Market Players Outlook
The major companies serving the global metal fabrication software market include Fishbowl, Inc., Global Shop Solution, Miles IT, Inc. (Striven), NetSuite Inc., and Realtracks among others. The market players are considerably contributing to the market growth by the adoption of various strategies, including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in February 2023, White Rock made its first purchase when it acquired Precision Metal Manufacturing (PMM), a precision sheet metal fabricator near Denver.
The Report Covers
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.2. Fishbowl, Inc.
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Developments
3.3. Global Shop Solution
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
3.4. Miles IT, Inc. (Striven)
3.4.1. Overview
3.4.2. Financial Analysis
3.4.3. SWOT Analysis
3.4.4. Recent Developments
3.5. NetSuite Inc.
3.5.1. Overview
3.5.2. Financial Analysis
3.5.3. SWOT Analysis
3.5.4. Recent Developments
3.6. Realtracks
3.6.1. Overview
3.6.2. Financial Analysis
3.6.3. SWOT Analysis
3.6.4. Recent Developments
3.7. Key Strategy Analysis
4. Market Segmentation
4.1. Global Metal Fabrication Software Market by Product Type
4.1.1. On-Premise
4.1.2. Cloud
4.2. Global Metal Fabrication Software Market by Deployment
4.2.1. Subscription-Based
4.2.2. One-Time Purchase
4.3. Global Metal Fabrication Software Market by End-User
4.3.1. Construction
4.3.2. Electronics
4.3.3. Automotive
4.3.4. Aerospace & Defense
4.3.5. Others (Machinery, Telecommunication, Manufacturing)
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. All Metals Fabricating Inc.
6.2. BTD Manufacturing
6.3. Classic Sheet Metal Inc.
6.4. Interplex Holdings Pte. Ltd.
6.5. Komaspec
6.6. LancerFab Tech Pvt. Ltd.
6.7. LillyWorks, Inc.
6.8. Marlin Steel Wire Products Inc.
6.9. Mayville Engineering Company, Inc.
6.10. Metacam Inc.
6.11. Moreng metal Products, Inc.
6.12. O'Neal Manufacturing Services, Inc.
1. GLOBAL METAL FABRICATION SOFTWARE MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2022-2030 ($ MILLION)
2. GLOBAL ON-PREMISES BASED METAL FABRICATION SOFTWARE MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
3. GLOBAL CLOUD-BASED METAL FABRICATION SOFTWARE MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
4. GLOBAL METAL FABRICATION SOFTWARE MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT, 2022-2030 ($ MILLION)
5. GLOBAL SUBSCRIPTION BASED METAL FABRICATION SOFTWARE MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
6. GLOBAL ONE-TIME PURCHASE METAL FABRICATION SOFTWARE MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
7. GLOBAL METAL FABRICATION SOFTWARE MARKET RESEARCH AND ANALYSIS BY END-USER, 2022-2030 ($ MILLION)
8. GLOBAL METAL FABRICATION SOFTWARE FOR CONSTRUCTION MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
9. GLOBAL METAL FABRICATION SOFTWARE FOR ELECTRONICS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
10. GLOBAL METAL FABRICATION SOFTWARE FOR AUTOMOTIVE MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
11. GLOBAL METAL FABRICATION SOFTWARE FOR AEROSPACE & DEFENSE MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
12. GLOBAL METAL FABRICATION SOFTWARE FOR OTHER END-USERS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
13. GLOBAL METAL FABRICATION SOFTWARE MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
14. NORTH AMERICAN METAL FABRICATION SOFTWARE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
15. NORTH AMERICAN METAL FABRICATION SOFTWARE MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2022-2030 ($ MILLION)
16. NORTH AMERICAN METAL FABRICATION SOFTWARE MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT, 2022-2030 ($ MILLION)
17. NORTH AMERICAN METAL FABRICATION SOFTWARE MARKET RESEARCH AND ANALYSIS BY END-USER, 2022-2030 ($ MILLION)
18. EUROPEAN METAL FABRICATION SOFTWARE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
19. EUROPEAN METAL FABRICATION SOFTWARE MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2022-2030 ($ MILLION)
20. EUROPEAN METAL FABRICATION SOFTWARE MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT, 2022-2030 ($ MILLION)
21. EUROPEAN METAL FABRICATION SOFTWARE MARKET RESEARCH AND ANALYSIS BY END-USER, 2022-2030 ($ MILLION)
22. ASIA-PACIFIC METAL FABRICATION SOFTWARE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
23. ASIA-PACIFIC METAL FABRICATION SOFTWARE MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2022-2030 ($ MILLION)
24. ASIA-PACIFIC METAL FABRICATION SOFTWARE MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT, 2022-2030 ($ MILLION)
25. ASIA-PACIFIC METAL FABRICATION SOFTWARE MARKET RESEARCH AND ANALYSIS BY END-USER, 2022-2030 ($ MILLION)
26. REST OF THE WORLD METAL FABRICATION SOFTWARE MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
27. REST OF THE WORLD METAL FABRICATION SOFTWARE MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2022-2030 ($ MILLION)
28. REST OF THE WORLD METAL FABRICATION SOFTWARE MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT, 2022-2030 ($ MILLION)
29. REST OF THE WORLD METAL FABRICATION SOFTWARE MARKET RESEARCH AND ANALYSIS BY END-USER, 2022-2030 ($ MILLION)
1. GLOBAL METAL FABRICATION SOFTWARE MARKET SHARE BY PRODUCT TYPE, 2022 VS 2030 (%)
2. GLOBAL ON-PREMISES BASED METAL FABRICATION SOFTWARE MARKET SHARE BY REGION, 2022 VS 2030 (%)
3. GLOBAL CLOUD-BASED METAL FABRICATION SOFTWARE MARKET SHARE BY REGION, 2022 VS 2030 (%)
4. GLOBAL METAL FABRICATION SOFTWARE MARKET SHARE BY DEPLOYMENT, 2022 VS 2030 (%)
5. GLOBAL SUBSCRIPTION BASED METAL FABRICATION SOFTWARE MARKET SHARE BY REGION, 2022 VS 2030 (%)
6. GLOBAL ONE-TIME PURCHASE METAL FABRICATION SOFTWARE MARKET SHARE BY REGION, 2022 VS 2030 (%)
7. GLOBAL METAL FABRICATION SOFTWARE MARKET SHARE BY END-USER, 2022 VS 2030 (%)
8. GLOBAL METAL FABRICATION SOFTWARE FOR CONSTRUCTION MARKET SHARE BY REGION, 2022 VS 2030 (%)
9. GLOBAL METAL FABRICATION SOFTWARE FOR ELECTRONICS MARKET SHARE BY REGION, 2022 VS 2030 (%)
10. GLOBAL METAL FABRICATION SOFTWARE FOR AUTOMOTIVE MARKET SHARE BY REGION, 2022 VS 2030 (%)
11. GLOBAL METAL FABRICATION SOFTWARE FOR AEROSPACE & DEFENSE MARKET SHARE BY REGION, 2022 VS 2030 (%)
12. GLOBAL METAL FABRICATION SOFTWARE FOR OTHER END-USERS MARKET SHARE BY REGION, 2022 VS 2030 (%)
13. GLOBAL METAL FABRICATION SOFTWARE MARKET SHARE BY REGION, 2022 VS 2030 (%)
14. US METAL FABRICATION SOFTWARE MARKET SIZE, 2022-2030 ($ MILLION)
15. CANADA METAL FABRICATION SOFTWARE MARKET SIZE, 2022-2030 ($ MILLION)
16. UK METAL FABRICATION SOFTWARE MARKET SIZE, 2022-2030 ($ MILLION)
17. FRANCE METAL FABRICATION SOFTWARE MARKET SIZE, 2022-2030 ($ MILLION)
18. GERMANY METAL FABRICATION SOFTWARE MARKET SIZE, 2022-2030 ($ MILLION)
19. ITALY METAL FABRICATION SOFTWARE MARKET SIZE, 2022-2030 ($ MILLION)
20. SPAIN METAL FABRICATION SOFTWARE MARKET SIZE, 2022-2030 ($ MILLION)
21. REST OF EUROPE METAL FABRICATION SOFTWARE MARKET SIZE, 2022-2030 ($ MILLION)
22. INDIA METAL FABRICATION SOFTWARE MARKET SIZE, 2022-2030 ($ MILLION)
23. CHINA METAL FABRICATION SOFTWARE MARKET SIZE, 2022-2030 ($ MILLION)
24. JAPAN METAL FABRICATION SOFTWARE MARKET SIZE, 2022-2030 ($ MILLION)
25. SOUTH KOREA METAL FABRICATION SOFTWARE MARKET SIZE, 2022-2030 ($ MILLION)
26. REST OF ASIA-PACIFIC METAL FABRICATION SOFTWARE MARKET SIZE, 2022-2030 ($ MILLION)
27. REST OF THE WORLD METAL FABRICATION SOFTWARE MARKET SIZE, 2022-2030 ($ MILLION)