Metal Fabrication Equipment Market Booms with Integration of Robotics and Digital Technology

The Metal Fabrication Equipment Market was valued at USD 68.30 billion in 2024 and is projected to reach USD 94.53 billion by 2032, with a growth rate of 4.15% from 2025-2032. Integration of digital & robotics in operations for efficiency and cost reduction, along with investments in sustainability and energy-efficient equipment, are driving market growth.

In the U.S., the metal fabrication equipment market was valued at USD 12.13 billion in 2024, with a projected growth rate of 4.57% to reach USD 17.34 billion by 2032. Accelerated adoption of precision robotic systems in automotive and aerospace manufacturing is a key driver, along with government incentives for reshoring and rising demand for metal components.

The cutting equipment segment dominates the market with 38% share in 2024, driven by demand for high-precision tools like laser cutters and plasma cutting systems. Steel remains the leading material with 42% market share, favored for its strength and versatility in construction, automotive, and energy industries. The automotive sector leads in end-user demand for fabricated parts.

Asia-Pacific holds 38% market share in 2024, led by China, India, and Japan, driven by automotive and construction sectors. North America emerges as the fastest-growing region in 2024, with the U.S. leading in industrialization, technological advancements, and demand for metals in automotive and aerospace industries. Government support for domestic manufacturing is reinforcing growth trends.

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Read more at GlobeNewswire: Metal Fabrication Equipment Market to Reach USD 94.53