Incremental forming is a novel process which proves to be an effective and alternative method for the production of economically low-volume functional products. The process exhibits a potential to manufacture three dimensional parts without the use of dedicated dies. The paper describes the technique of using CNC milling machine and hemispherical shaped tool which aids in the formation of final shape of the component by a series of step deformation. The associated attributes pertinent to the analysis are forming angle, roughness characteristics and thickness distribution. Finite element modeling using ABAQUS were carried out and results were compared and validated.