Press release
Pre-Engineered Buildings Market Growth Analysis by 2026 | by Structure, Application
The pre-engineered buildings market has witnessed significant growth over the past decade, owing to rise in investment in the construction industry especially in the Asia-Pacific region. A number of players are expanding their business around the globe, owing to increased customer base, enhanced effective operations, developed product portfolios, and expanded geographical reach.This is anticipated to fuel the demand for the pre-engineered buildings. Furthermore, by application, the industrial segment is expected to grow in the near future due to rapid increase in industrial infrastructure sector.
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According to a new report published by Allied Market Research, titled, "Pre-Engineered Buildings Market by Structure and Application: Global Opportunity Analysis and Industry Forecast, 2019–2026," the global pre-engineered buildings market size was valued at $12.5 billion in 2018, and is projected to reach $37.8 billion by 2026, growing at a CAGR of 14.5% from 2019 to 2026.
The rapidly growing industrialization & urbanization in developing countries such as India, China, and Brazil drives the growth of the pre-engineered buildings market. Furthermore, the demand for the construction of commercial complexes & buildings and workshops is high, owing to increase in investment industries.
Moreover, growth in population and rapid urbanization creates the need for pre-engineered buildings. For instance, in April 2019, Metsä Group invested around US$2 billion in pre-engineering buildings to expand its bioproduct mill in Finland and Rauma.
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Key Players
The key market players profiled in the report include BlueScope Steel, Era Infra, Everest Industries, Interarch Building Products, Jindal Buildsys, Kirby Building Systems, Lloyd Insulations, PEB Steel Buildings, Tiger Steel Engineering, and Zamil Steel.
Key Benefits for Stakeholders:
The report provides an extensive analysis of the current and emerging pre-engineered buildings market trends and dynamics.
In-depth market analysis is conducted by constructing estimations for the key segments between 2018 and 2026.
Extensive analysis of the pre-engineered buildings market is conducted by following key product positioning and monitoring of the top competitors within the market framework.
A comprehensive analysis of all the regions is provided to determine the prevailing opportunities.
The global pre-engineered buildings market forecast analysis from 2019 to 2026 is included in the report.
The key market players operating in the global pre-engineered buildings market are profiled in this report, and their strategies are analyzed thoroughly, which help understand the competitive outlook of the pre-engineered buildings industry.
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About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of Market Research Reports and Business Intelligence Solutions. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains.
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