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Industrial Automation Powers the Future of the Metal Fabrication Equipment Market Says Persistence Market Research

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LONDON, July 22, 2026 /PRNewswire/ — The global metal fabrication equipment market is growing steadily, expected to be valued at around US$67.0 billion in 2026 and projected to reach US$91.4 billion by 2033, with a CAGR of 4.5% in the coming years. This expansion is being supported by increasing demand for precision components in electric vehicles, aerospace manufacturing, and industrial automation. The rapid adoption of CNC machining, fiber laser cutting, robotics, and smart factory technologies is improving production efficiency while helping manufacturers achieve tighter tolerances, higher productivity, and reduced operational costs.

Electric Vehicles Are Emerging as the Next Major Driver of Equipment Demand

Consumer demand for electric vehicles, lightweight vehicle structures, battery enclosures, and advanced safety components continues to reshape fabrication requirements. Every new electric vehicle platform requires dedicated tooling, precision machining, advanced cutting systems, and automated welding technologies capable of processing lightweight materials while maintaining structural integrity.

The rapid expansion of offshore wind projects, hydrogen infrastructure, and energy transition investments is increasing demand for heavy-duty fabrication systems capable of processing thick steel plates, corrosion-resistant alloys, and complex structural components. Hybrid additive-subtractive manufacturing technologies are also gaining traction as aerospace, defense, and energy manufacturers seek shorter production cycles, improved material utilization, and the ability to manufacture highly complex parts within a single production setup.

As automation, digital manufacturing, and industrial modernization continue accelerating globally, fabrication equipment demand is becoming increasingly diversified across automotive, aerospace, infrastructure, energy, and precision engineering industries rather than depending on any single application. This broader adoption is expected to shape long-term competitive positioning as equipment manufacturers focus on automation software, robotics integration, predictive maintenance, and connected smart factory platforms.

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Key Highlights

The global metal fabrication equipment market is projected to be valued at US$67.0 billion in 2026 and is expected to reach US$91.4 billion by 2033, registering a CAGR of 4.5% during the forecast period.Asia Pacific is anticipated to lead the global market with a 47.8% share, supported by its large manufacturing base, expanding industrial output, and government-backed production initiatives.Machining is expected to remain the leading equipment type, accounting for approximately 31.4% of the market share, owing to its critical role in delivering high-precision industrial components.North America is forecast to be the fastest-growing regional market through 2033, fueled by reshoring initiatives, advanced manufacturing investments, and rising adoption of automation technologies

Machining Leads Revenue Today While Cutting Systems Are Growing the Fastest

Machining remains the largest equipment type in the metal fabrication equipment market, accounting for approximately 31.4% of total revenue. Manufacturers across automotive, aerospace, medical devices, and industrial machinery continue investing heavily in advanced CNC machining centers because precision machining represents the final production stage that determines dimensional accuracy and product quality.

Continuous improvements in multi-axis machining, automation, digital controls, and intelligent process monitoring have reinforced machining equipment as the preferred solution for manufacturers requiring micron-level tolerances, repeatability, and high-volume production capabilities. As manufacturers increasingly produce lightweight and high-performance components, machining remains indispensable across virtually every fabrication workflow.

Cutting systems are projected to be the fastest-growing equipment segment through 2033. Rather than relying on conventional CO₂ laser technologies, manufacturers are increasingly adopting fiber laser cutting systems that offer higher processing speeds, superior energy efficiency, and reduced material waste.

This transition is particularly strong among automotive, electronics, renewable energy, and precision engineering companies producing lightweight aluminum, copper, and advanced steel components. Fiber laser systems enable manufacturers to process reflective materials with greater accuracy while lowering maintenance costs and increasing throughput. Equipment suppliers are further strengthening this trend by integrating automation, robotics, and digital monitoring capabilities that improve production flexibility and reduce downtime across fabrication facilities.

Asia Pacific Maintains Market Leadership While North America Records the Fastest Growth

Asia Pacific is expected to account for approximately 47.8% of the global metal fabrication equipment market, making it the largest regional market.

Its leadership is supported by the world’s largest manufacturing ecosystem spanning China, Japan, South Korea, and India, together with government-backed industrial policies encouraging domestic production, automation, and advanced manufacturing investments. Strong automotive production, electronics manufacturing, industrial machinery output, and large-scale infrastructure development continue generating sustained demand for machining, cutting, and welding equipment throughout the region.

Although Asia Pacific remains the largest market, North America is projected to deliver the fastest growth through 2033, driven by reshoring initiatives, supply chain diversification, and increasing investments in advanced manufacturing.

The United States is expanding domestic production capacity across semiconductors, electric vehicles, aerospace, defense, and clean energy through supportive industrial policies and infrastructure investments. Growing adoption of Industry 4.0 technologies, smart factories, robotics, and AI-enabled manufacturing is further increasing demand for next-generation fabrication equipment. Canada and Mexico are also benefiting from regional manufacturing expansion and integrated North American supply chains, creating additional opportunities for equipment suppliers serving automotive, industrial, and energy applications.

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Key Highlight: AMADA Expanded Its Metal Fabrication Equipment Portfolio Through Multiple Product Launches and Strategic Acquisitions in 2025

A standout development in 2025 was AMADA’s continued expansion of its metal fabrication equipment portfolio through a series of product launches and acquisitions. During the year, the company introduced the CR-010B Collaborative Robot for Bending Systems, the WS-700VP Structural Steel Drilling and Band Saw Combined Production Machine, the ORSUS-3015AJe Fiber Laser Cutting Machine, the SRB-1003 Press Brake for overseas markets, the PCSAW-430AXII Variable Pulse Cutting Band Saw Machine, the WH-2A 13-Axis CNC Dual-Point Coiling Machine for Ultra-Fine Wire, and the LM-26A 15-Axis CNC Torsion Spring Machine with Rotating Wire.Alongside these product introductions, AMADA announced two strategic acquisitions in 2025. In January, the company announced the acquisition of a comprehensive press manufacturer, followed by the acquisition of a leading manufacturer of PCB drilling machines in April. These acquisitions complement AMADA’s ongoing expansion of its manufacturing technologies and equipment portfolio.

The combination of multiple equipment launches across laser cutting, press brakes, structural steel processing, band saws, spring-forming, bending automation, and coiling, together with the acquisitions announced in 2025, highlights AMADA’s focus on broadening its product portfolio and manufacturing capabilities within the metal fabrication equipment market.

Raw Material Price Volatility and High Equipment Costs Continue to Challenge Market Expansion

High equipment acquisition costs and ongoing volatility in steel and aluminum prices remain significant challenges for manufacturers investing in fabrication capacity. Rising raw material costs, tariff-related pricing uncertainty, and supply chain disruptions continue affecting purchasing decisions for fabrication companies operating under fixed-price contracts.

Governments are responding by supporting domestic manufacturing and industrial modernization. Public investments in infrastructure, clean energy, semiconductor production, and advanced manufacturing are creating long-term opportunities for fabrication equipment suppliers while encouraging companies to upgrade aging production lines with automated, energy-efficient machinery capable of improving productivity and reducing operating costs.

Key Players and Business Strategies

Leading players include TRUMPF, Amada Co., Ltd., DMG MORI, Yamazaki Mazak Corporation, and Bystronic AG.

TRUMPF continues investing in smart factory solutions, automation software, and fiber laser innovations to strengthen its leadership in high-precision manufacturing systems.Amada focuses on expanding integrated sheet metal processing technologies while enhancing automation and digital production capabilities for global manufacturers.DMG MORI continues investing in hybrid manufacturing technologies, CNC innovation, and connected machining platforms to improve production efficiency across industrial sectors.Yamazaki Mazak emphasizes multi-tasking machine tools, automation integration, and intelligent manufacturing solutions that support flexible production environments.

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Market Segmentation

By Equipment Type/Process

MachiningCuttingWelding and Joining EquipmentFormingOther (Material Handling, Workholding and Automation, etc.)

By Material Type

SteelAluminumCopperOther (Alloys)

By End-use Industry

AutomotiveConstructionAerospaceElectrical and ElectronicsIndustrial Machinery/Heavy EquipmentShipbuilding and MarineRailEnergy / Oil and GasOther Industries (HVAC and Appliances, Metal Furniture, etc.)

By Region

North AmericaEuropeEast AsiaSouth Asia and OceaniaLatin AmericaMiddle East and Africa

Get More Insights — Related Metalworking & Fabrication Market Reports:

Metal Fabrication Market by Process Type (Cutting, Machining, Others), Material Type (Steel, Aluminum, Others), End-use Industry, and Regional Analysis for 2026 – 2033

Fabricated Metal Products Market by Product Type (Structural Metal Products, Ornamental and Architectural Metal Products, Others), Material Type (Steel, Aluminum, Others), Fabrication Process (Welding, Casting, Others), End-user, and Regional Analysis for 2026 – 2033

Metalworking Machine Market by Machine Type (Lathe, Milling, Grinding, Boring, Drilling), End-User (Automotive, Aerospace, Construction, Others), Control Type (Computer Numerical Control (CNC), Advanced Control, Conventional), and Regional Analysis for 2026-2033

Metallurgical Equipment Market by Equipment Type (Blast Furnace Equipment, Electric Arc Furnace Equipment, Continuous Casting Equipment, Rolling Mill Equipment, Heat Treatment Equipment), Metal Type (Steel, Aluminum, Copper, Specialty Metals, Others), Application (Primary Metal Production, Secondary Processing, Recycling, Others), End-user (Steel Plants, Foundries, Metal Processing Companies, Others), and Regional Analysis for 2026 – 2033

Metal Sheet Bending Machine Market by Product Type (Press Brake, Folding Machine, Roll Bending Machine), End User (Automotive, Aerospace, Construction, Manufacturing), by Regional Analysis, 2026 – 2033

Stainless Steel Fabrication Market by End-Use Industry (Construction, Infrastructure, Automotive, Transportation, Others), Grade (100 Series, 200 Series, 300 Series, 400 Series, Duplex Series), and Regional Analysis for 2026 – 2033

Arc Welding Equipment Market by Product Type (Shielded Metal Arc Welding (SMAW) Machines, Gas Metal Arc Welding (GMAW / MIG) Machines, Gas Tungsten Arc Welding (GTAW / TIG) Machines, Flux-Cored Arc Welding (FCAW) Machines, Submerged Arc Welding (SAW) Machines, Plasma Arc Welding (PAW) Machines, Others), Automation Level (Manual, Automatic, Semi-automatic), Welding Current Type, Gas Type, Industry and Regional Analysis, 2026 – 2033

Press Brake Machine Market by Product Type (Mechanical Press Brake Machines, Pneumatic Press Brake Machines, Hydraulic Press Brake Machines), Capacity (up to 50 tons, 50-150 tons, 150-300 tons, 300-500 tons, above 500 tons), Operation (Manual, Semi-Automatic, Automatic), and Regional Analysis, 2026 – 2033

Metal Spinning Products Market by Product Type (Conical, Cylindrical, Spherical, Custom-Shaped, Domes, Hemispherical), Material (Aluminum Spinning Products, Steel Spinning Products, Stainless Steel Spinning Products, Copper Spinning Products, Others), Application (Automotive, Aerospace & Defense, Electronics, Construction, Others), and Regional Analysis for 2026-2033

Plasma Cutting Equipment Market by Equipment Type (Manual and Mechanized), Application (Industrial Manufacturing, Automotive, Construction, Salvage and Scrapping Operation, Shipbuilding and Others), by Thickness Capacity (Below 5mm, 5mm -15mm, 15mm-50mm and Above 50mm)) and Regional Analysis for 2026 – 2033

About Persistence Market Research:

At Persistence Market Research, we are pioneers in Market Research and Consulting, bringing you the most dynamic insights into market trends, consumer behaviours, and competitive intelligence! For over a decade, we’ve been at the forefront of delivering game-changing analytics and research that drive businesses toward growth.

Our extensive market report database is a go-to resource for Fortune 500 companies, savvy business investors, media and entertainment channels, and academic institutions, empowering them to navigate the global and regional business landscape with confidence. With thousands of statistics and in-depth analyses covering over 20 diverse industries across 25 major countries, we provide the insights you need to succeed in today’s competitive environment.

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SSI SCHAEFER’s Four-Way Pallet Roaming Shuttle Is Expanding Warehouse Design Possibilities

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October 26, 2026

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SEOUL, South Korea, Oct. 26, 2026 /PRNewswire/ — For warehouse operators in South Korea, warehouse design is increasingly shaped by competing demands: making better use of available space, managing labor constraints and maintaining reliable operations without committing to automation that exceeds business needs.

The challenge is not simply to store more pallets, but to determine how storage capacity can be configured around the inventory characteristics and the movement the operation actually requires.

Rethinking the use of warehouse space

Warehouse capacity is often assessed by the number of pallet positions available. However, the same building footprint can support different storage configurations, each with its own implications for accessibility, material flow and operating requirements.

Four-way pallet roaming shuttles, such as the SSI Pallet Roaming Shuttle, use onboard multi-sensor navigation to determine their position, monitor their surroundings in real time, and accurately detect obstacles. This enables flexible pallet handling across multiple storage levels, opening up greater possibilities for high-density, single- or multi-deep pallet storage configurations.

For facilities where building expansion is restricted, the ability to use available space more effectively can be an important design consideration. With system heights of 24 metres and options for 40 metres subject to configuration, solutions like the shuttle allow warehouse planners to evaluate storage designs that make greater use of the space.

Matching movement capability to operational needs

The significance of four-way movement lies in the flexibility it introduces into storage design. This can be particularly relevant to manufacturing operations storing raw materials or finished goods, food and beverage distribution, and temperature-controlled warehouses where storage conditions and space utilisation are crucial design considerations.

The shuttle supports payloads of up to 3000 kg and uses RFID and photoelectric positioning, with a specified positioning accuracy of ±5 mm. Operating at a maximum aislewise speed of 1.5 m/s when loaded and 1.6 m/s when unloaded, it provides a technical basis for evaluating its suitability against a warehouse’s storage and movement requirement.

Automation solving the right challenges, at the right time

For South Korean warehouse operators facing a rapidly aging population and labor constraints, the question is whether automating pallet storage and movement will address a meaningful operational need. Suited to medium-to-low SKU ranges and lower-throughput applications, the SSI Pallet Roaming Shuttle is worth considering where frequent retrievals and reduced reliance on repetitive manual handling are priorities, rather than high-volume pallet retrieval.

“The value of warehouse automation lies in how well a system fits the operation it is designed to serve. More automation does not automatically mean a better warehouse.

The real measure of an effective solution is how well its storage density, retrieval capability and throughput match the operation’s needs. Investing in capacity or performance that the business cannot fully utilise—or sacrificing retrieval flexibility for density—misses the point of warehouse automation,” said Jeon Jae Beom, Head of Sales, SSI Schaefer Korea.

For South Korean businesses balancing space, labor and investment pressures, the key is to select systems according to its intended role in the wider operation, not on the assumption that greater automation will resolve every capacity or productivity challenge.

For more information, visit www.ssi-schaefer.com/ko-kr.

About SSI SCHAEFER

The SSI SCHAEFER Group is a leading global solution provider for all areas of intralogistics. With innovative technologies and software, the company empowers small to medium-sized enterprises as well as large companies to increase the efficiency and sustainability of their storage, picking, and transport processes. SSI SCHAEFER offers complete solutions ranging from fully automated warehouses with tailored service and maintenance packages to robotics and automated guided vehicles, as well as manual and semi-automated systems such as workstations, racks and containers.

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SOURCE SSI Schaefer Korea

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Heybike Launches V1 Pro, a 72V Power Beast with 8,000W Peak Power and Bigger Attitude

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October 26, 2026

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ONTARIO, Calif., Oct. 23, 2026 /PRNewswire/ — Heybike today announced the launch of the V1 Pro, a 72V electric dirt bike designed for riders who want bigger tires, bigger attitude, and ultimate off-road performance. With 8,000W peak power, 17-inch front and 14-inch rear tires, and Wheelie Boost Assist, the V1 Pro delivers powerful off-road performance while featuring hydraulic disc brakes and a magnetic emergency kill switch. Available now on Heybike’s official website, the V1 Pro is offered at an Early Bird price of $1,999, compared with its $2,199 MSRP.

The 72V Power Beast, Ready for Every Trail

With its oversized Big Foot tires, bold styling, and powerful 72V drive system, the Heybike V1 Pro is built to stand out. Delivering 8,000W peak power and 250 N•m of wheel torque, it reaches speeds of up to 50 MPH and tackles inclines of up to 45°, bringing serious power to demanding off-road adventures.

Its staggered 17-inch front and 14-inch rear Big Foot tires provide a larger rear contact patch for traction, while 285 mm of ground clearance helps the bike clear rocks, roots, and ruts. A 150 mm-travel front fork and rear hydraulic shock help absorb bumps on uneven terrain.

Powered by a 72V 27Ah battery with 1,944 Wh of capacity, the Heybike V1 Pro offers a range of up to 60 miles on a single charge, with charging taking approximately 5.5–6 hours using the included 84V 5A charger.

Smart Control. Your Ride, Your Way.

The Heybike app lets riders adjust speed limits and throttle response, choose from ECO, LINEAR, and SPORT riding modes, and configure regenerative braking to suit their riding preferences and terrain.

For added personalization, an optional Bluetooth speaker and horn accessory supports music playback and multiple simulated motorcycle engine sounds.

Enhanced Protection for Every Adventure

The Heybike V1 Pro combines performance with multiple safety-focused features. Its 220 mm front and 190 mm rear hydraulic disc brakes provide stopping power, while regenerative braking adds another layer of deceleration control.

A magnetic emergency kill switch is designed to cut power if the rider falls or steps away from the bike. A throttle-reset safety mechanism prevents power delivery until the throttle has returned to its reset position.

The Heybike V1 Pro features a UL 2849-certified battery system and an IPX6 waterproof rating, offering added protection for outdoor riding in changing weather conditions.

Together, these features complement the V1 Pro’s performance-focused design with added control and protection for off-road riding.

Wheelie Boost Assist: Unleash Your Wild Side

Experience wheelies like never before. With just a single mode control, Wheelie Boost™ lifts the front wheel to a fixed angle, safely turning a complex trick into an exciting riding experience. Less effort, more wild — unleash your bigger attitude and take your V1 Pro ride to the next level.

Bring the Family Together. Conquer Every Terrain.

More than an off-road ride, the Heybike V1 Pro opens the door to shared outdoor adventures and memorable family moments. Designed to bring riders together, it makes weekend trail rides and outdoor exploration opportunities for parents and teens to connect, build confidence, and discover new terrain side by side.

From family outings to challenging off-road adventures, the V1 Pro brings power, excitement, and the freedom to explore together.

A Step Up From the Original Heybike V1

Launched in the first half of 2026, the Heybike V1 quickly gained popularity among teens across the United States. Building on that success, the V1 Pro takes off-road performance to the next level with nearly 100% more peak power, 43.8% greater battery capacity, 11% higher top speed, 20% more range, and a 50% higher maximum climbing angle.

Beyond raw power, the V1 Pro delivers 31.5% more wheel torque and 14.5% greater ground clearance, along with stronger front and rear suspension system for a smoother ride. Its larger 17-inch front and 14-inch rear Big Foot tires further enhance off-road control and rear traction, while the full-size frame is designed to accommodate a broader range of riders.

Make Their Next Ride Unforgettable

The Heybike V1 Pro is available now for $1,999 (MSRP $2,199). Customers can also receive a limited-quantity launch gift box with their purchase, while supplies last. 

More riding challenges, giveaways, and community activities are on the way. Stay tuned for more ways to ride, connect, and share the adventure.

Shop the Heybike V1 Pro on its official website.

About Heybike

Heybike is a leading global e-bike brand making joy easy to reach for every age and every terrain, from city commutes to off-road adventures, blending accessible innovation, safety-first engineering, and design that connects. Every ride connects you to a worldwide community — to your family, to your city, and to the simple joy of moving. Learn more on Heybike’s official website.

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fileAI Signs Strategic Collaboration Agreement with AWS to Accelerate Rollout of Outcome-Driven AI Agents for BFSI Leaders

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October 26, 2026

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SINGAPORE, Oct. 25, 2026 /PRNewswire/ — fileAI announced a strategic collaboration agreement (SCA) with Amazon Web Services, Inc. (AWS) to bring a new suite of AI agents to banking, financial services, and insurance (BFSI) leaders—built to complete critical operational workflows, not just assist with them.

fileAI’s data intelligence platform, fileForge, transforms enterprise files into trusted, governed intelligence for AI workflows, pairing repeatable skills with business context to carry complex business processes through to completion. Built on Amazon Bedrock and available through AWS Marketplace, it provides industry leaders across Asia and the US direct access to outcome-focused AI agents backed by AWS’s security, scale, and infrastructure.

Two of the company’s latest innovations underpin this philosophy: fileScout maps files ahead of extraction, optimising model routing and drastically reducing token consumption, whilst fileForensics surfaces actionable fraud signals directly into the processing pipeline. Together they ensure only clean, relevant, fraud-checked data ever reaches the workflow. For AWS customers, that means faster cycle times, fewer exceptions, and less manual rework, with the governance and traceability regulated organisations require.

The SCA follows a period of strong momentum for fileAI. On August 27, the company announced investment from SMBC Asia Rising Fund and Singtel Innov8, alongside the debut of fileScout. The funding supports fileAI’s expansion in Japan, building on its June 2026 partnership with JRE Ventures, and deeper investment in financial services capabilities.

“Enterprise AI has to be judged on outcomes, not activity,” said Christian Schneider, CEO of fileAI. “By building on Amazon Bedrock and deepening our collaboration with AWS, we’re giving finance and financial services leaders agents that take their most complex data and carry the work through to a completed, auditable result. With AWS and AWS Marketplace, we can bring that to customers across Asia and the US faster, and with the security and scale they expect.”

“Financial services customers consistently tell us that getting unstructured data ready for workflows they can trust is one of their biggest challenges,” said Jamie Simon, Director, Partner Sales & Development, Asia Pacific & Japan, AWS. “fileAI has built a strong approach to that problem on Amazon Bedrock—combining document intelligence with the governance regulated enterprises require. This collaboration makes it easier for customers to move from AI pilots to production with confidence, and we’re looking forward to scaling it across the region.”

About fileAI

fileAI is the enterprise intelligence company behind fileForge, the leading platform for complex business process automation. Where most AI falls short in production, fileForge provides the structure, validation, and traceability that makes agentic AI reliable by design. It unifies data capture, preparation, governance, and orchestration into auditable, SOP-driven workflows that transform unstructured and semi-structured data into trusted, reusable process intelligence.

Trusted by global enterprises including MS&AD, Toshiba, PwC, KPMG, Nippon Paint, and Keppel, fileAI has processed over 1 billion files across finance, insurance, supply chain, healthcare, and core business operations—delivering governed automation and contextual reuse for the world’s most complex workflows.

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