North America Fabricated Metal Products Market Analysis by Mordor Intelligence
The North American Metal Fabrication Market size stands at USD 68.22 billion in 2025 and is projected to reach USD 86.61 billion by 2030, translating into a 4.89% CAGR over the forecast period. This expansion in the North American metal fabrication market is tied to unprecedented U.S. federal infrastructure spending, the reshoring of semiconductor manufacturing under the CHIPS and Science Act, and rising demand for lightweight body structures across electric‐vehicle platforms. Manufacturing construction outlays touched a record USD 225 billion in January 2024, while suppliers hurried to automate amid a persistent shortage of welders and machinists. Steel remains the material mainstay, but aluminum’s rapid uptake for energy-efficient vehicle designs signals a clear material shift. Additive manufacturing and high-speed stamping are gaining traction as fabricators seek tighter tolerances and reduced lead times. Meanwhile, price swings in steel and aluminum and new PFAS coating regulations continue to squeeze margins[1]“Fact Sheet: CHIPS and Science Act Funding,” CHIPS Program Office, chips.gov.
Key Report Takeaways
- By material, steel retained 63.2% of the North American metal fabrication market share in 2024; aluminum is expected to advance at a 6.21% CAGR through 2030.
- By fabrication process, machining held 42.3% of the North American metal fabrication market size in 2024, whereas additive-enabled “other” processes are forecast to grow 7.32% annually to 2030.
- By end-user, construction and infrastructure captured 29.5% revenue share in 2024, while the power and utilities segment is projected to expand at a 6.87% CAGR to 2030.
- By geography, the United States commanded 72.6% of the North American metal fabrication market size in 2024, and Mexico is poised for the fastest 5.33% CAGR through 2030.
North America Fabricated Metal Products Market Trends and Insights
Drivers Impact Analysis
| Driver | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| US Infrastructure & CHIPS-plus funding wave | +1.2% | United States, with spillover to Canada and Mexico | Medium term (2-4 years) |
| Automotive lightweighting & EV platform demand | +0.9% | North America, with concentration in Michigan, Ontario, and northern Mexico | Medium term (2-4 years) |
| Automation (laser, water-jet, robotics, IoT) adoption | +0.7% | Global, with early adoption in US industrial corridors | Long term (≥ 4 years) |
| Reshoring & near-shoring supply-chain strategies | +0.6% | United States and Mexico, with Canadian participation | Long term (≥ 4 years) |
| Offshore-wind & grid-scale battery component build-out | +0.5% | US Atlantic and Pacific coasts, Great Lakes region | Long term (≥ 4 years) |
| Data-center rack & enclosure build boom | +0.4% | North America, concentrated in major metropolitan areas | Short term (≤ 2 years) |
| Source: Mordor Intelligence | |||
US Infrastructure & CHIPS-plus Funding Wave
A wave of federal outlays is redefining the North American metal fabrication market. The CHIPS and Science Act earmarks USD 39 billion for new semiconductor fabs, spurring robust demand for precision clean-room enclosures, stainless-steel utility skids, and vibration-free equipment housings. Treasury’s 25% investment tax credit reduces capital hurdles, and more than 35 states have already secured hub funding, widening geographic demand. Coupled with record USD 225 billion manufacturing construction spending logged in 2024, fabricators are booking multi-year order backlogs for process-tool frames and utility racks. The program’s scale all but guarantees a multi-year lift in structural, sheet, and tubular metal orders.
Automotive Lightweighting & EV Platform Demand
The shift to electric drivetrains keeps aluminum at the forefront in the North American metal fabrication market. Aluminum body-in-white structures weigh up to 45% less than steel-based designs, directly extending EV range. Secondary aluminum uses only 5% of the energy required for primary smelting, matching OEM carbon targets and circularity goals. Automakers also favor modular high-strength aluminum castings that reduce part counts and weld joints. Linamar’s USD 825 million (CAD 1.1 billion) investment program announced in 2025 underpins hybrid drives and lightweight castings, adding thousands of jobs across Ontario plants. The clear tilt toward light alloys reinforces a durable upswing for aluminum extrusions, stampings, and large structural castings.
Automation (Laser, Water-jet, Robotics, IoT) Adoption
Fabricators are racing to digitize shop floors to counter tight labor markets. thyssenkrupp Materials NA’s December 2024 purchase of Cobotix unlocked fully automated copper and aluminum lines that run with minimal human input. Lindsay Corporation earmarked USD 50 million for Industry 4.0 upgrades, adding 40,000 square feet of advanced forming capacity and analytics-driven monitoring. Robotic welding cells at Fabricated Steel Products raised structural throughput 50% after a modest USD 3.2 million spend. IoT sensors feeding predictive-maintenance dashboards are cutting unscheduled downtime. Collectively, these moves signal a decisive pivot from craft‐centric shops to data-driven, lights-out operations[2]“thyssenkrupp Materials NA Acquires Cobotix,” Press Release, thyssenkrupp-materials.com.
Reshoring & Near-shoring Supply-Chain Strategies
Supply-chain shocks have propelled the North American metal fabrication market toward local sourcing. Between 2019 and 2024, U.S. manufacturing establishments grew more than 11%, hitting about 393,000 facilities. Mexico’s 5.33% CAGR highlights cost-effective proximity, enhanced by USMCA tariff predictability. Equipment players such as Voortman Steel Machinery are adding 100,000 square feet in Illinois to stay close to U.S. buyers. Domestic anti-dumping rulings on roughly 400,000 metric tons of imported aluminum extrusions fortify this local shift. Together, these factors lock in a steady flow of orders for fabricators on both sides of the border.
Restraints Impact Analysis
| Restraint | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| Steel & aluminum price volatility | -0.8% | Global, with North American fabricators exposed to international pricing | Short term (≤ 2 years) |
| Skilled welder/machinist shortage | -0.6% | North America, particularly in industrial regions with federal infrastructure projects | Medium term (2-4 years) |
| Tightening PFAS-coating regulations | -0.3% | United States, with potential spillover to Canada and Mexico | Medium term (2-4 years) |
| AM service-bureau substitution risk | -0.2% | North America, concentrated in aerospace, automotive, and precision manufacturing hubs | Long term (≥ 4 years) |
| Source: Mordor Intelligence | |||
Steel & Aluminum Price Volatility
Spot steel prices in China rose roughly USD 100 per short ton after late-2024 stimulus, pulling U.S. prices higher despite existing tariffs. Aluminum markets face similar turbulence after the U.S. Commerce Department imposed provisional duties on extrusions from 14 countries covering 400,000 metric tons of yearly imports. Although structural steel quotes slipped through late 2024, hurricane damage in the U.S. Southeast and strong infrastructure demand keep traders wary of renewed spikes. Volatile inputs pressure fabricators’ fixed-price contracts and erode margins, prompting wider adoption of hedging clauses and indexed surcharges.
Skilled Welder/Machinist Shortage
Roughly 3.8 million manufacturing hires will be needed between 2024 and 2033, yet up to 1.9 million roles could go unfilled without training acceleration. NAM’s Q1 2024 survey showed 65% of firms ranking talent acquisition as their top risk. Federal megaprojects further drain local labor pools, forcing shops to hike starting pay. Southland Steel Fabricators offered USD 60,000 annual salaries for 80 new positions tied to its 100,000 square-foot Louisiana expansion. Rising turnover complicates staffing of advanced CNC cells, and maintenance technicians versed in both hydraulics and AI-driven controls are in especially short supply.
Segment Analysis
By Material Type: Steel Dominance Yields to Aluminum Innovation
Steel captured 63.2% of the North American metal fabrication market share in 2024, thanks to entrenched supply chains and cost advantages in heavy construction. The North American metal fabrication market currently favors steel for bridges, pipelines, and structural frames, yet aluminum is accelerating under a 6.21% CAGR through 2030. Aluminum’s recyclability, requiring only 5% of primary-production energy, aligns with OEM decarbonization targets, while its 45% weight advantage over steel boosts EV range. The North American metal fabrication market continues to amplify orders for aluminum battery enclosures, truck body panels, and aerospace interiors. Alloy Enterprises’ patented Stack Forging process consolidates 6061-T6 components with near-net precision, eliminating the 80% material waste typical of powder-bed printing and slicing lead times to four weeks. Such breakthroughs promise to reduce design-to-production cycles and extend aluminum uptake across mobility, semiconductor, and industrial verticals.
Specialty metals such as titanium and copper address niche but lucrative applications. Copper busbars are in high demand for data-center power rails and renewable inverters, reflecting the North American metal fabrication industry’s pivot toward electrification. Fabricators are forging tighter supplier alliances to secure high-conductor purity stock at stable prices. Titanium consumption, though modest, is buoyed by defense procurement and space-launch programs that prioritize high strength-to-weight ratios. As advanced alloys gain ground, multi-material know-how will define future competitive edges.
Note: Segment shares of all individual segments available upon report purchase
By Fabrication Process: Machining Leadership Faces Automation Disruption
Machining retained 42.3% of the North American metal fabrication market size in 2024, owing to unmatched versatility and micron-level tolerances essential for aerospace, medical, and EV motor housings. However, the “other” category dominated by additive, high-speed stamping, and laser hybrid workflows will post the fastest 7.32% CAGR to 2030. CNC equipment suppliers are bundling digital twins and AI toolpath optimization, reducing first-article approval cycles by up to 30%. For high-volume automotive stampings, servo presses now deliver variable stroke profiles that cut scrap and improve surface finish. Meanwhile, robotic welding expansions such as Southland Steel’s 50% throughput boost showcase how automation is elevating traditional joining operations.
Hybridization is becoming routine. Shops integrate additive modules into milling centers, enabling near-net deposition followed by finish machining in a single setup. Such process consolidation trims material waste and compresses lead times an advantage as OEMs push for shorter product-development windows. As labor scarcity persists, unattended runtime will be the new yardstick for shop-floor productivity.
By End-user Industry: Construction Stability Contrasts Power-Sector Acceleration
Construction and infrastructure end-users commanded 29.5% of 2024 revenue as road, bridge, and commercial-building contractors locked in multiyear backlogs tied to federal bills. Nevertheless, power and utilities applications lead growth at a 6.87% CAGR, propelled by offshore-wind foundations, utility-scale battery enclosures, and substation upgrades. The North American metal fabrication market size for wind monopiles, nacelle frames, and high-capacity lattice towers is climbing fast as lease awards on both coasts finalize. Utility procurement rules favor domestic content, steering orders to regional yards capable of handling heavy-plate rolling and robotic seam welding.
Manufacturing, driven by semiconductor and EV investments, is another robust buyer of precision weldments and machine frames. Oil and gas orders remain steady for pipeline spool fabrication and pressure vessels despite an energy-transition backdrop. In automotive, lightweight battery trays and crash-management systems are proliferating, offering higher margins than traditional muffler lines. Aerospace and defense maintain a strong demand for short-run precision housings using high-cost alloys, keeping margins healthy for certified shops.
Note: Segment shares of all individual segments available upon report purchase
Geography Analysis
The United States anchored 72.6% of overall revenue in 2024, reflecting unmatched project scale from CHIPS incentives, highway bills, and renewable-energy targets. Semiconductor fabs breaking ground across Arizona, Texas, and New York require vast quantities of stainless-steel ducting, aluminum clean-room panels, and ultra-flat flooring systems. Fabricators situated in these corridors are scaling capacity through five-axis machining cells, panel line robots, and IoT-enabled inspection. Still, the acute talent deficit may temper throughput unless training pipelines accelerate.
Canada offers specialized strength in automotive castings, aerospace structures, and energy-sector vessels. Linamar’s USD 825 million fleet of upgrades across Ontario underpins lightweight propulsion components while safeguarding nearly 10,000 jobs. Stainless-steel brewery and food-processing equipment also underpin steady private-sector demand. Provincial incentives offset higher electricity costs, but logistics bottlenecks at key border crossings remain an efficiency drag[3]“Linamar to Invest CAD 1.1 Billion in Ontario,” Canadian Metalworking, canadianmetalworking.com.
Mexico is forecast to grow the fastest at 5.33% through 2030 as near-shoring reshuffles global supply chains. Automotive OEMs cluster in Nuevo León and Guanajuato prefer local tube-laser, stamping, and powder-coat suppliers to trim U.S. delivery times. Energy and electronics companies are also migrating subassemblies south of the Rio Grande, spurring investments in precision sheet-metal plants. A new USD 20 million metal-finishing facility in Texas, designed for EV components, underscores how cross-border ecosystems are maturing in tandem. Wage arbitrage and USMCA rules of origin should keep this momentum intact.
Competitive Landscape
Intense fragmentation dominates the North American metal fabrication market, with regional contract shops jostling alongside integrated service centers and global machine builders. Few players command more than single-digit shares, creating pricing skirmishes yet fostering agile specialization. O'Neal Manufacturing Services and Mayville Engineering Company leverage multi-state footprints to balance proximity and capacity, while Trumpf and AMADA compete on turnkey automation packages that transform small workshops into lights-out cells.
Strategic acquisitions highlight capability gaps. thyssenkrupp Materials NA’s purchase of Cobotix adds cobot programming and rapid-changeover expertise, enabling 24/7 runs on copper and aluminum components for renewable inverters and EV busbars. Maysteel’s earlier takeover of Star Precision delivered Rocky Mountain reach and niche machining depth, pivotal for data-center enclosure contracts.
Capital programs are another hallmark of competition. Lindsay Corporation allocated USD 50 million for Industry 4.0 retrofits, pairing machine-learning analytics with added square footage to raise output 40%. Voortman Steel Machinery’s 100,000-square-foot Illinois campus will showcase automated beam-processing lines and immersive training labs, using Illinois REV tax credits to offset upfront costs. Overall, automation, geographic reach, and specialty certifications (ISO 13485, AS9100, IATF 16949) are emerging as decisive differentiators as buyers consolidate vendor lists.
North America Fabricated Metal Products Industry Leaders
-
O’Neal Manufacturing Services
-
Mayville Engineering Company
-
Valmont Industries
-
BTD Manufacturing
-
Kapco Metal Stamping
- *Disclaimer: Major Players sorted in no particular order
Recent Industry Developments
- April 2025: Diversified Metal Engineering LP acquired Accent Stainless Steel Manufacturing Group, expanding brewery, food, and pharmaceutical equipment capacity in Prince Edward Island.
- January 2025: Linamar Corporation unveiled a USD 825 million (CAD 1.1 billion) investment plan with federal and Ontario support to scale hybrid propulsion and lightweight casting lines, safeguarding 10,000 jobs and adding 2,300 new positions.
- December 2024: thyssenkrupp Materials NA purchased Cobotix Manufacturing Inc., securing automated busbar and enclosure expertise for renewable and EV infrastructure markets.
- November 2024: Voortman Steel Machinery broke ground on a USD 28 million, 100,000-square-foot facility in Illinois, pairing office and warehouse functions with advanced beam-processing automation.
North America Fabricated Metal Products Market Report Scope
Fabricated Metal Products are the metal components that are assembled, shaped, or otherwise processed to produce a practical product. Several metalworking techniques, such as rolling, punching, stamping, sintering, welding, and machining, are together referred to as a fabrication. A complete background analysis of the North American Fabricated Metal Products Market, including the assessment of the economy and contribution of sectors in the economy, a market overview, market size estimation for key segments, emerging trends in the market segments, market dynamics and geographical trends, and COVID-19 impact, is covered in the report.
The North American fabricated metal products market is segmented by material type (steel, aluminium, and others), by end-user industry (manufacturing, power and utilities, construction, oil and gas, and other end-user industries), and by country (the United States, Canada, and Mexico). The report offers the market size and forecasts for the North America fabricated metal products market in values (USD billion) for all the above segments.
| Steel |
| Aluminum |
| Other Alloys (Titanium, Copper, etc.) |
| Casting |
| Forging |
| Machining |
| Welding & Tubing |
| Others (Stamping, Additive Manufacturing) |
| Manufacturing |
| Power & Utilities |
| Construction & Infrastructure |
| Oil & Gas |
| Automotive |
| Aerospace & Defense |
| Other Industries |
| United States |
| Canada |
| Mexico |
| By Material Type | Steel |
| Aluminum | |
| Other Alloys (Titanium, Copper, etc.) | |
| By Fabrication Process | Casting |
| Forging | |
| Machining | |
| Welding & Tubing | |
| Others (Stamping, Additive Manufacturing) | |
| By End-user Industry | Manufacturing |
| Power & Utilities | |
| Construction & Infrastructure | |
| Oil & Gas | |
| Automotive | |
| Aerospace & Defense | |
| Other Industries | |
| By Geography | United States |
| Canada | |
| Mexico |
Key Questions Answered in the Report
What is the current value of the North American metal fabrication products market?
The market is valued at USD 68.22 billion in 2025 with a projected rise to USD 86.61 billion by 2030.
Which material leads demand among fabricators?
Steel accounts for 63.2% of 2024 revenue, though aluminum is gaining fastest at a 6.21% CAGR.
Why is aluminum usage growing so quickly?
Automakers rely on aluminum’s 45% weight reduction to extend EV range and meet sustainability goals.
Which geography shows the fastest growth?
Mexico is expected to record a 5.33% CAGR between 2025 and 2030, powered by near-shoring and USMCA incentives.
How are fabricators handling labor shortages?
Shops are deploying robotics, laser automation, and IoT monitoring to boost output while reducing reliance on scarce skilled trades.
What drives demand in the power and utilities segment?
Offshore-wind foundations and grid-scale battery enclosures require large volumes of precision-fabricated steel and aluminum assemblies.
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