Fabricated Structural Metal Manufacturing in the US - Industry Market Research Report
Description
Fabricated Structural Metal Manufacturing in the US
Over the past five years, revenue for the Fabricated Structural Metal Manufacturing industry grew only marginally. The industry has stagnated over the past five years because of heavy setbacks on either side of 2021. The COVID-19 pandemic and shutdown of the US economy halted industrial production and slowed construction projects, resulting in reduced demand for industry goods. The industry ramped back up amid the 2021 revitalization of the economy, however like a heartbeat it has since declined to reach only slightly above pre-pandemic levels. Overall, industry revenue has been stagnant over the past five years, reaching an estimated $42.4 billion in 2023. This includes an expected decline of 4.8% in 2023 alone.
This industry fabricates structural metal products, such as assemblies of concrete reinforcing bars and fabricated bar joists.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Over the past five years, revenue for the Fabricated Structural Metal Manufacturing industry grew only marginally. The industry has stagnated over the past five years because of heavy setbacks on either side of 2021. The COVID-19 pandemic and shutdown of the US economy halted industrial production and slowed construction projects, resulting in reduced demand for industry goods. The industry ramped back up amid the 2021 revitalization of the economy, however like a heartbeat it has since declined to reach only slightly above pre-pandemic levels. Overall, industry revenue has been stagnant over the past five years, reaching an estimated $42.4 billion in 2023. This includes an expected decline of 4.8% in 2023 alone.
This industry fabricates structural metal products, such as assemblies of concrete reinforcing bars and fabricated bar joists.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
49 Pages
- ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Pricing
Currency Rates
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