Product Code: ETC037625 | Publication Date: Jun 2023 | Updated Date: Jan 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The India Fabricated Metal Products Market is expected to reach USD 181.16 billion by 2026, at a CAGR of 8.11% during the forecast period 2020-2026. The growth of this market can be attributed to the growing industrialization and increased government spending in infrastructure development projects, coupled with rising demand for fabricated metal products from different end-use industries such as automotive, aerospace & defense, construction and electronics etc., across India.
1) Rising Demand for Automotive Components: The increasing production of vehicles has resulted in an increase in the demand for various components and parts that are manufactured using fabricated metals which is driving the growth of India?s fabricated metal products market.
2) Increasing Government Spending In Infrastructure Development Projects: Government initiatives like Smart Cities project and Make In India scheme have encouraged foreign investments leading to rapid expansion of urban cities thereby driving up the usage rate of fabrications metals used in different infrastructural activities such as bridges, railways etc., thus aiding the growth of this market.
Availability Of Alternatives To Metal Products : With advancements in technology alternative materials such as plastics are increasingly being used instead of metallic components due to their lightweight nature which poses a challenge to manufacturers operating within this sector who are forced adopt newer strategies or risk losing out on potential profits generated by sales revenues constituted mainly by traditional metallic fabrication processes .
Growing Adoption Of Robotic Technology For Manufacture Of Metals Parts : Advances made towards robotic technologies have enabled more precision oriented manufacture when it comes to producing complex pieces involving intricate designs while also reducing overall costs incurred during operations resulting in increased adoption among manufacturers focusing on improving operational efficiency while simultaneously lowering costs incurred through labor intensive processes previously employed.
Due to lockdown imposed globally supply chain disruptions caused disruption along entire value chain affecting both manufacturers along with end users resulting into losses amounting millions all over world including india causing complete shutdown most manufacturing plants across country leading further drop already decreasing levels sales figure witnessed before pandemic struck impacting bottom line all stakeholders involved industry .
Some key players operating within Indian Fabrication Metal Product Market include JSW Steel Ltd., Southern Ispat & Energy Limited (SIEL), Bhushan Power And Steel Limited (BPSL), Usha Martin Ltd., Tata Steel Ltd., Jindal Stainless Limited (JSL
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Fabricated Metal Products Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Fabricated Metal Products Market Revenues & Volume, 2020 & 2030F |
3.3 India Fabricated Metal Products Market - Industry Life Cycle |
3.4 India Fabricated Metal Products Market - Porter's Five Forces |
3.5 India Fabricated Metal Products Market Revenues & Volume Share, By Types, 2020 & 2030F |
3.6 India Fabricated Metal Products Market Revenues & Volume Share, By End-users Industry, 2020 & 2030F |
3.7 India Fabricated Metal Products Market Revenues & Volume Share, By Channel, 2020 & 2030F |
4 India Fabricated Metal Products Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Fabricated Metal Products Market Trends |
6 India Fabricated Metal Products Market, By Types |
6.1 India Fabricated Metal Products Market, By Types |
6.1.1 Overview and Analysis |
6.1.2 India Fabricated Metal Products Market Revenues & Volume, By Types, 2020-2030F |
6.1.3 India Fabricated Metal Products Market Revenues & Volume, By Structural metal products, 2020-2030F |
6.1.4 India Fabricated Metal Products Market Revenues & Volume, By Treated, coated, and machined metals, 2020-2030F |
6.1.5 India Fabricated Metal Products Market Revenues & Volume, By Cutlery, tools, and general hardware, 2020-2030F |
6.1.6 India Fabricated Metal Products Market Revenues & Volume, By Forged, pressed, stamped, and roll-formed metals, 2020-2030F |
6.1.7 India Fabricated Metal Products Market Revenues & Volume, By Other, 2020-2030F |
6.2 India Fabricated Metal Products Market, By End-users Industry |
6.2.1 Overview and Analysis |
6.2.2 India Fabricated Metal Products Market Revenues & Volume, By Automobile industry, 2020-2030F |
6.2.3 India Fabricated Metal Products Market Revenues & Volume, By Machinery Industry, 2020-2030F |
6.2.4 India Fabricated Metal Products Market Revenues & Volume, By Household Items, 2020-2030F |
6.2.5 India Fabricated Metal Products Market Revenues & Volume, By Electronics industry, 2020-2030F |
6.2.6 India Fabricated Metal Products Market Revenues & Volume, By Others, 2020-2030F |
6.3 India Fabricated Metal Products Market, By Channel |
6.3.1 Overview and Analysis |
6.3.2 India Fabricated Metal Products Market Revenues & Volume, By Direct Sales, 2020-2030F |
6.3.3 India Fabricated Metal Products Market Revenues & Volume, By Distributors, 2020-2030F |
7 India Fabricated Metal Products Market Import-Export Trade Statistics |
7.1 India Fabricated Metal Products Market Export to Major Countries |
7.2 India Fabricated Metal Products Market Imports from Major Countries |
8 India Fabricated Metal Products Market Key Performance Indicators |
9 India Fabricated Metal Products Market - Opportunity Assessment |
9.1 India Fabricated Metal Products Market Opportunity Assessment, By Types, 2020 & 2030F |
9.2 India Fabricated Metal Products Market Opportunity Assessment, By End-users Industry, 2020 & 2030F |
9.3 India Fabricated Metal Products Market Opportunity Assessment, By Channel, 2020 & 2030F |
10 India Fabricated Metal Products Market - Competitive Landscape |
10.1 India Fabricated Metal Products Market Revenue Share, By Companies, 2023 |
10.2 India Fabricated Metal Products Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |