Driven by the upgrading of manufacturing and the transformation to intelligent manufacturing, China's non-standard sheet metal parts industry has shown steady growth in recent years. In 2024, the market size of China's non-standard sheet metal parts industry reached 37.7 billion RMB, with a year-on-year growth rate of 3.3%. This growth is mainly attributed to the continued expansion of downstream industries such as automobile manufacturing, electronic equipment, communication infrastructure, and new energy, which have maintained stable growth in demand for non-standard sheet metal parts.
In terms of regional distribution, East China remains the main consumption area for non-standard sheet metal parts, accounting for 35% of the market size in 2024. South China and North China accounted for 28% and 22%, respectively. This regional pattern is closely related to the concentration of manufacturing industries, especially the high concentration of the automotive and electronics manufacturing industries in East and South China, which has driven the demand for non-standard sheet metal parts.
Regarding enterprise structure, in 2024, small and medium-sized enterprises still dominated the Chinese non-standard sheet metal parts industry, accounting for more than 80% of the total. As industry concentration gradually increases, large enterprises are increasingly demonstrating their advantages in technology research and development, automated production, and customer resource integration.
In 2024, the top ten non-standard sheet metal parts companies held a combined market share of 25%, an increase of 2 percentage points compared to 2023, indicating the initial emergence of an industry consolidation trend.
