Canada Metal Fabrication Equipment Market

Canada Metal Fabrication Equipment Market by Equipment Type (Machining, Cutting, Forming, Welding, and Other Equipment Type), Product Type (Automatic, Semi-automatic, and Manual), and End User (Oil and Gas, Automotive and Aviation, Power plants, Chemicals and Mining, Construction, and Other End Users) - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028.

  • Report ID: EP-1596
  • Author: Growth Market Reports
  • Rating: 4.9
  • Total Reviews: 2
  • No. Of Pages: 160
  • Format:
  • Pub. Date: Upcoming
  • Share:

Canada metal fabrication equipment market size is estimated to register a substantial CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the growth in the key factors that influence the market such as rising demand for aluminum, rise in population, and increasing demand for machining and metal processing.

Canada Metal Fabrication Equipment Market Key Takeaways

Metal fabrication plays a vital role in majority of the manufacturing industries. Its major characteristics are utilized in industries where building metal components for various application is involved. In order to obtain ideal productivity of these industries, metal fabrication equipment to work at its best is very essential. As a result of major technological advancements such as automation and the implementation of IoT the metal fabrication equipment can now deliver better results than conventional equipment. Moreover, having several end-users application such as welding, stamping, milling, and finishing is providing lucrative opportunities for the growth of metal fabrication equipment market.

The Covid-19 pandemic had an unpleasant impact on the metal fabrication equipment market. The production has been on halt and both the demand and supply ware affected. The market suffered significant loss; however, the government’s steps and strategies have helped to neutralised the situation. This pandemic has encouraged the key players to implement advance technologies to overcome these challenges and expand the market growth.

Market Trends, Drivers, Restraints, and Opportunities

  • Increasing demand for the fabricated metal products in the market is leading to the substantial demand for metal forming equipment. Furthermore, due to these demands of metal works, the metal fabrication equipment market is expected to propel during the forecast period.
  • Technological advancements such as automation and 3D printing and rising demand to maintain the quality of end-use products are the key factors expanding the metal fabrication equipment market of Canada
  • Expansion of the automobile industry and increasing demand for metal works in the automobile manufacturing sectors is projected the growth of the global metal fabrication equipment market.
  • R&D investment and technological advancement in metal fabrication equipment market are expected to offer lucrative opportunities for the market players.

Scope of the Report

The report on the Canada metal fabrication equipment market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Metal Fabrication Equipment Market - Canada Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Equipment Type (Machining, Cutting, Forming, Welding, and Other Equipment Type) Product Type (Automatic, Semi-automatic, and Manual), and End User (Oil and Gas, Automotive and Aviation, Power plants, Chemicals and Mining, Construction, and Other End Users)

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

BTD Manufacturing, Colfax, Komaspec, Matcor Matsu Group Inc. and Sandvik Mining & Construction Canada Inc.

 

Market Segment insights

The cutting segment is projected to constitute a large market share

Based on equipment type, the Canada metal fabrication equipment market is segregated into machining, cutting, forming, welding, and other equipment type. The cutting segment is expected to account for a key share of the market during the forecast period owing to rising demand from end-use industries such as automotive industry. The ever-growing industrial sector in the developing countries is also expected to spur the metal fabrication equipment market. However, machining segment is anticipated to expand at a rapid pace during the forecast period due to rising number of small and medium scale industries and metal workshops in the region.

Automatic segment is expected to register a substantial CAGR

Based on product type, the Canada metal fabrication equipment market is divided into automatic, semi-automatic, and manual. The automatic segment accounts for a key share of the market and is estimated to propel even further over the forecast period owing to technological advancement and its significant applications in end user industry.

Canada Metal Fabrication Equipment Market By Product Type

Automotive and aviation segment is anticipated to grow at a robust pace

Based on end-user, the Canada metal fabrication equipment market is divided into oil and gas, automotive and aviation, power plants, chemicals and mining, construction, and others. The automotive and aviation is anticipated to expand at a robust CAGR during the forecast period due to consistent evolving designs and material combinations in the automobile manufacturing. The advancements in technologies has upsurge the demand for these equipment across various industries.

Canada Metal Fabrication Equipment Market By End User

Segments

Segments Covered in the Report
The Canada metal fabrication equipment market has been segmented on the basis of:-

Equipment Type
  • Machining
  • Cutting
  • Forming
  • Welding
  • Other Equipment Type
Product Type
  • Automatic
  • Semi-automatic
  • Manual
End User
  • Oil and Gas
  • Automotive and Aviation
  • Power plants
  • Chemicals and Mining
  • Construction
  • Other End Users
Key Companies
  • BTD Manufacturing
  • Colfax
  • Komaspec
  • Matcor Matsu Group Inc.
  • Sandvik Mining and Construction Canada Inc.

Competitive Landscape

Key players competing in the Canada metal fabrication equipment market include BTD Manufacturing, Colfax, Komaspec, Matcor Matsu Group Inc. and Sandvik Mining & Construction Canada Inc.

Some of these players are using several market strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to enhance their market shares.

Canada Metal Fabrication Equipment Market By Key Players

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Metal Fabrication Equipment Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Metal Fabrication Equipment Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Metal Fabrication Equipment Market - Supply Chain
  4.5. Global Metal Fabrication Equipment Market Forecast
     4.5.1. Metal Fabrication Equipment Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Metal Fabrication Equipment Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Metal Fabrication Equipment Market Absolute $ Opportunity
5. Global Metal Fabrication Equipment Market Analysis and Forecast by End Users
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by End Users
     5.2.2. Y-o-Y Growth Projections by End Users
  5.3. Metal Fabrication Equipment Market Size and Volume Forecast by End Users
     5.3.1. Oil and Gas Automotive and Aviation Power plants Chemicals and Mining  
  5.4. Absolute $ Opportunity Assessment by End Users
  5.5. Market Attractiveness/Growth Potential Analysis by End Users
6. Global Metal Fabrication Equipment Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Metal Fabrication Equipment Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Metal Fabrication Equipment Demand Share Forecast, 2019-2026
7. North America Metal Fabrication Equipment Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America Metal Fabrication Equipment Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Metal Fabrication Equipment Market Size and Volume Forecast by End Users
     7.4.1. Oil and Gas Automotive and Aviation Power plants Chemicals and Mining  
  7.5. Basis Point Share (BPS) Analysis by End Users
  7.6. Y-o-Y Growth Projections by End Users
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Metal Fabrication Equipment Demand Share Forecast, 2019-2026
8. Latin America Metal Fabrication Equipment Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America Metal Fabrication Equipment Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Metal Fabrication Equipment Market Size and Volume Forecast by End Users
     8.4.1. Oil and Gas Automotive and Aviation Power plants Chemicals and Mining  
  8.5. Basis Point Share (BPS) Analysis by End Users
  8.6. Y-o-Y Growth Projections by End Users
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Metal Fabrication Equipment Demand Share Forecast, 2019-2026
9. Europe Metal Fabrication Equipment Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe Metal Fabrication Equipment Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Metal Fabrication Equipment Market Size and Volume Forecast by End Users
     9.4.1. Oil and Gas Automotive and Aviation Power plants Chemicals and Mining  
  9.5. Basis Point Share (BPS) Analysis by End Users
  9.6. Y-o-Y Growth Projections by End Users
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Metal Fabrication Equipment Demand Share Forecast, 2019-2026
10. Asia Pacific Metal Fabrication Equipment Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Metal Fabrication Equipment Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Metal Fabrication Equipment Market Size and Volume Forecast by End Users
     10.4.1. Oil and Gas Automotive and Aviation Power plants Chemicals and Mining  
  10.5. Basis Point Share (BPS) Analysis by End Users
  10.6. Y-o-Y Growth Projections by End Users
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Metal Fabrication Equipment Demand Share Forecast, 2019-2026
11. Middle East & Africa Metal Fabrication Equipment Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Metal Fabrication Equipment Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Metal Fabrication Equipment Market Size and Volume Forecast by End Users
     11.4.1. Oil and Gas Automotive and Aviation Power plants Chemicals and Mining  
  11.5. Basis Point Share (BPS) Analysis by End Users
  11.6. Y-o-Y Growth Projections by End Users
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Metal Fabrication Equipment Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Metal Fabrication Equipment Market: Market Share Analysis
  12.2. Metal Fabrication Equipment Distributors and Customers
  12.3. Metal Fabrication Equipment Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. BTD Manufacturing Colfax Komaspec Matcor Matsu Group Inc.  
Segments Covered in the Report
The Canada metal fabrication equipment market has been segmented on the basis of:-

Equipment Type
  • Machining
  • Cutting
  • Forming
  • Welding
  • Other Equipment Type
Product Type
  • Automatic
  • Semi-automatic
  • Manual
End User
  • Oil and Gas
  • Automotive and Aviation
  • Power plants
  • Chemicals and Mining
  • Construction
  • Other End Users
Key Companies
  • BTD Manufacturing
  • Colfax
  • Komaspec
  • Matcor Matsu Group Inc.
  • Sandvik Mining and Construction Canada Inc.

Key players competing in the Canada metal fabrication equipment market include BTD Manufacturing, Colfax, Komaspec, Matcor Matsu Group Inc. and Sandvik Mining & Construction Canada Inc.

Some of these players are using several market strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to enhance their market shares.

Canada Metal Fabrication Equipment Market By Key Players

Buy Report