North America Fabricated Metal Products Market Size and Share

North America Fabricated Metal Products Market Summary
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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.

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.

North America Fabricated Metal Products Market: Market Share by Material Type
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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.

North America Fabricated Metal Products Market: Market Share by End-user Industry
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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

  1. O’Neal Manufacturing Services

  2. Mayville Engineering Company

  3. Valmont Industries

  4. BTD Manufacturing

  5. Kapco Metal Stamping

  6. *Disclaimer: Major Players sorted in no particular order
North America Fabricated Metal Products Market Concentration
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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.

Table of Contents for North America Fabricated Metal Products Industry Report

1. Introduction

  • 1.1 Study Assumptions & Market Definition
  • 1.2 Scope of the Study

2. Research Methodology

3. Executive Summary

4. Market Landscape

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 US Infrastructure & CHIPS-plus funding wave
    • 4.2.2 Automotive lightweighting & EV platform demand
    • 4.2.3 Automation (laser, water-jet, robotics, IoT) adoption
    • 4.2.4 Reshoring & near-shoring supply-chain strategies
    • 4.2.5 Offshore-wind & grid-scale battery component build-out
    • 4.2.6 Data-center rack & enclosure build boom
  • 4.3 Market Restraints
    • 4.3.1 Steel & aluminum price volatility
    • 4.3.2 Skilled welder/machinist shortage
    • 4.3.3 Tightening PFAS-coating regulations
    • 4.3.4 AM service-bureau substitution risk
  • 4.4 Value / Supply-Chain Analysis
  • 4.5 Regulatory Landscape
  • 4.6 Technological Outlook
  • 4.7 Insights on Production & Demand for Different Metals
  • 4.8 Industry Attractiveness - Porter’s Five Forces Analysis
    • 4.8.1 Threat of New Entrants
    • 4.8.2 Bargaining Power of Buyers
    • 4.8.3 Bargaining Power of Suppliers
    • 4.8.4 Threat of Substitutes
    • 4.8.5 Competitive Rivalry

5. Market Size & Growth Forecasts (Value, In USD Billion)

  • 5.1 By Material Type
    • 5.1.1 Steel
    • 5.1.2 Aluminum
    • 5.1.3 Other Alloys (Titanium, Copper, etc.)
  • 5.2 By Fabrication Process
    • 5.2.1 Casting
    • 5.2.2 Forging
    • 5.2.3 Machining
    • 5.2.4 Welding & Tubing
    • 5.2.5 Others (Stamping, Additive Manufacturing)
  • 5.3 By End-user Industry
    • 5.3.1 Manufacturing
    • 5.3.2 Power & Utilities
    • 5.3.3 Construction & Infrastructure
    • 5.3.4 Oil & Gas
    • 5.3.5 Automotive
    • 5.3.6 Aerospace & Defense
    • 5.3.7 Other Industries
  • 5.4 By Geography
    • 5.4.1 United States
    • 5.4.2 Canada
    • 5.4.3 Mexico

6. Competitive Landscape

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Share Analysis
  • 6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Products & Services, and Recent Developments)
    • 6.4.1 O’Neal Manufacturing Services
    • 6.4.2 Mayville Engineering Company
    • 6.4.3 Valmont Industries
    • 6.4.4 BTD Manufacturing
    • 6.4.5 Kapco Metal Stamping
    • 6.4.6 Ironform Corporation
    • 6.4.7 Matcor-Matsu Group
    • 6.4.8 Ryerson Holding Corporation
    • 6.4.9 United Steel Inc.
    • 6.4.10 PMF Industries
    • 6.4.11 Monti Inc.
    • 6.4.12 Prince Manufacturing
    • 6.4.13 Standard Iron & Wire Works
    • 6.4.14 All Metals Fabricating
    • 6.4.15 Classic Sheet Metal
    • 6.4.16 Trumpf Inc.
    • 6.4.17 DMG Mori USA
    • 6.4.18 Bystronic Inc.
    • 6.4.19 Lincoln Electric Holdings
    • 6.4.20 Flow International
    • 6.4.21 AMADA America

7. Market Opportunities & Future Outlook

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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.

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
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
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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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