Other
fabricated metal product manufacturing
industry group comprises establishments primarily engaged in manufacturing
fabricated metal products (except forgings and stampings, cutlery and hand
tools, architectural and structural metals, boilers, tanks, shipping
containers, hardware, spring and wire products, machine shop products, turned
products, screws, and nuts and bolts).
The global other fabricated metal product manufacturing market was
valued at $17 billion in 2017. This can
be attributed to technological advances
and new product developments at competitive prices driving the metal and
mineral manufacturing market.
The market can be easily split into ball and roller bearing manufacturing;
small arms ammunition manufacturing; ammunition (except small arms)
manufacturing; small arms, ordnance, and ordnance accessories manufacturing;
fabricated pipe and pipe fitting manufacturing; and all other miscellaneous
fabricated metal product manufacturing.
China was the largest country in the market, accounting for
one-third of the global other fabricated metal product manufacturing market
share. This can be attributed to the large automobile and telecom manufacturing
market in the country. China was followed by India and Japan as the next largest
countries in the market.
The major competitors in the market are General Dynamics
Corporation, BAE Systems, Timken, Schaeffler, and Olin Corporation.
General Dynamics Corporation (GD) is an American aerospace and defence multinational corporation formed by mergers and divestitures. It is the world's fifth-largest defence based on 2012
revenues. General Dynamics is headquartered in West Falls Church, Fairfax County, Virginia.
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