| |MAY 20205Fabrication services have found their application in a wide range of industries starting from mining and construction to manufacturing, shipbuilding, automotive, aerospace, and more. The increasing demand for machining and metal processing in the developing countries is expected to drive the market. Asia Pacific is expected to lead the market in the near future. The rising population in Asia Pacific and huge markets for different industry verticals has compelled companies to move their manufacturing operations to the developing economies. APAC dominates the steel fabrication market due to rapid industrialization and several development projects and plans such as smart cities. Demand for steel fabrication is high in countries such as China, Japan, and India due to increasing in industrial activities. Manufacturing companies are the largest consumers of fabrication equipment closely followed by the automotive industry and its auxiliary sectors. The demand and supply for major industries in metal fabrication market such as aerospace & defense is expected to gain traction with time. The India structural steel fabrication market is expected to grow at a CAGR of more than 5 percent till 2024. Although the Covid-19 pandemic might slow it down a bit, the market is expected to witness a considerable growth during this period owing to factors such as the increasing demand from manufacturing sector, the rising preference towards pre-engineered buildings and components, and government initiatives for infrastructure development activities. Also, the booming commercial building sector combined with government of India's initiatives such as increasing the construction of green buildings, smart cities, and make in India scheme is expected to boost the structural steel fabrication market in India. To bring this special issue to fruition, we have studied this industry segment in-depth and have come up with the list of 10 Most Promising Fabrication Service Providers in India who have excelled in this field with their innovative approach. Having proven their dedication to quality and end-to-end addressal of customer requirements, these companies stand out from the crowd. We look forward to receiving your feedback. Sudhakar SinghEditorsudhakar.singh@theindustryoutlook.comFabrication: The Integral Cog Vol 1 · Issue 5 · May 08, 2020 Publisher Alok ChaturvediEditorSudhakar Singh Editorial Team Janifha Evangeline Teja Boncheruvu Hridkamal Roy Monica Pallavi J Art & Graphics Ashok Kumar Manjunath GM Sales & MarketingVirupakshi PattarSales & MarketingIndranil Chakrabortysales@theindustryoutlook.com Editorial Querieseditor@theindustryoutlook.comCirculation Manager Magendran PerumalCover price is Rs. 150 per issue.Printed and Published By Alok Chaturvedi on behalf of Siliconmedia Technologies Pvt Ltd and Printed at Precision Fototype Services at Sri Sabari Shopping Complex, 24 Residency Road Bangalore-560025 and Published At No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017.Publisher Alok ChaturvediCopyright © 2020 SiliconMedia Technologies Pvt Ltd, All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher.India's Largest Digital OOH Network @ ST Bus StationsReach 7 States, 450+ Small towns9561068555enquiry@vritti.co.in | vritti.co.in/vrittiimedia |join us at:Karnataka | Maharashtra | Rajasthan | Goa | Punjab | Himachal Pradesh | HaryanaREACH 10 MILLIONCONSUMERS@ LESS THANPER PERSON
< Page 4 | Page 6 >