SIC 3444 - Sheet Metal Work
Establishments primarily engaged in manufacturing sheet metal work for buildings (not including fabrication work done by construction contractors at the place of construction), and manufacturing stovepipes, light tanks, and other products of sheet metal.
Industry trends:
The sheet metal work industry, categorized under NAICS 3444, is experiencing several significant qualitative trends. One of the foremost trends is the increasing adoption of automation and advanced manufacturing technologies. Companies are investing in CNC (Computer Numerical Control) machinery, laser cutting, and robotic welding systems to enhance precision, efficiency, and production capacity. This shift towards automation is expected to continue, driven by the need for higher productivity and cost-effectiveness.
Another notable trend is the rising emphasis on sustainability and eco-friendly practices. Manufacturers are focusing on the utilization of recycled materials and reducing waste through improved manufacturing processes. This trend is being bolstered by stricter environmental regulations and increasing consumer demand for sustainable products.
Customization and specialization are also gaining prominence in the sheet metal work industry. Customers are seeking tailor-made solutions to meet specific requirements, leading to a surge in demand for bespoke and high-precision sheet metal components. This trend is expected to drive innovation and diversification in product offerings.
Moreover, the industry is witnessing a growing integration of digital tools and smart technologies, such as IoT (Internet of Things), for real-time monitoring and predictive maintenance. This integration is aimed at reducing downtime, optimizing resource utilization, and improving overall operational efficiency.
In the near future, the industry is forecasted to experience steady growth, powered by advancements in technology and a sustained focus on sustainability. The ongoing construction boom, coupled with the expansion of industries such as automotive, aerospace, and renewable energy, is likely to further fuel demand for sheet metal work products and services.
This industry is comprised of:
Air cowls, scoops, or airports (ship ventilators), sheet metal
Awnings, sheet metal
Bins, prefabricated: sheet metal
Booths, spray prefabricated sheet metal
Canopies, sheet metal
Casings, sheet metal
Coal chutes, prefabricated sheet metal
Cooling towers, sheet metal
Cornices, sheet metal
Culverts, sheet metal
Dampers, sheet metal
Door hoods, aluminum
Downspouts, sheet metal
Ducts, sheet metal
Eaves, sheet metal
Elbows for conductor pipe, hot air ducts, and stovepipe: sheet metal
Flooring, cellular steel
Flues, stove and furnace: sheet metal
Flumes, sheet metal
Forming machine work for the trade except stampings: sheet metal
Forms for concrete, sheet metal
Furnace casings, sheet metal
Guardrails, highway: sheet metal
Gutters, sheet metal
Hoods, range sheet metal
Hoppers, sheet metal
Housings for business machines, sheet metal except stamped
Irrigation pipe, sheet metal
Joists, sheet metal
Laundry hampers, sheet metal
Louvers, sheet metal
Machine guards, sheet metal
Mail chutes, sheet metal
Mail collection or storage boxes, sheet metal
Pile shells, sheet metal
Pipe, sheet metal
Post office collection boxes
Radiator shields and enclosures, sheet metal
Restaurant sheet metal work
Roof deck, sheet metal
Sheet metal specialties, not stamped
Siding, sheet metal
Skylights, sheet metal
Spouts, sheet metal
Stove boards, sheet metal
Stove pipe and flues, sheet metal
Studs, sheet metal
Troughs, elevator: sheet metal
Vats, sheet metal
Ventilators, sheet metal
Wells, light: sheet metal
This report includes the ability to segment your Industry by:
- Region
- Employees
- Net Sales
- Company Age
- Total Assets
- Ownership Type
With iCFO You Get
What Is iCFO?
A review and comparison of financial performance of privately-help companies in specified SIC/NAICS industry segment, using industry standard benchmarks.
Sound Business Analysis
Answers come easily with iCFO. Review ROI, sales per employee, profit margins of the top 10%, top 25% and more, to identify areas of concern and opportunity. Examine what if scenarios and P&L impact of reducing costs or adding revenue.
Your Business’ Health In Minutes
It takes only five minutes to enter your data and produce a concise profile of your company’s fiscal state, including critical business ratios focusing on liquidity, profitability, asset efficiency, and growth.