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Saudi Arabia Prefabricated Building and Structural Steel Market Size Worth USD 2,513.6 Million by 2032 | CAGR 3.9%

10-22-2024 11:55 AM CET | Chemicals & Materials

Press release from: IMARC Group

Saudi Arabia Prefabricated Building and Structural Steel Market Size

Saudi Arabia Prefabricated Building and Structural Steel Market Size

๐’๐š๐ฎ๐๐ข ๐€๐ซ๐š๐›๐ข๐š ๐๐ซ๐ž๐Ÿ๐š๐›๐ซ๐ข๐œ๐š๐ญ๐ž๐ ๐๐ฎ๐ข๐ฅ๐๐ข๐ง๐  ๐š๐ง๐ ๐’๐ญ๐ซ๐ฎ๐œ๐ญ๐ฎ๐ซ๐š๐ฅ ๐’๐ญ๐ž๐ž๐ฅ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ

๐๐š๐ฌ๐ž ๐˜๐ž๐š๐ซ: 2023
๐‡๐ข๐ฌ๐ญ๐จ๐ซ๐ข๐œ๐š๐ฅ ๐˜๐ž๐š๐ซ๐ฌ: 2018-2023
๐…๐จ๐ซ๐ž๐œ๐š๐ฌ๐ญ ๐˜๐ž๐š๐ซ๐ฌ: 2024-2032
๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ข๐ณ๐ž ๐ข๐ง ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ‘: ๐”๐’๐ƒ ๐Ÿ,๐Ÿ•๐Ÿ“๐Ÿ–.๐Ÿ’ ๐Œ๐ข๐ฅ๐ฅ๐ข๐จ๐ง
๐Œ๐š๐ซ๐ค๐ž๐ญ ๐…๐จ๐ซ๐ž๐œ๐š๐ฌ๐ญ ๐ข๐ง ๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ: ๐”๐’๐ƒ ๐Ÿ,๐Ÿ“๐Ÿ๐Ÿ‘.๐Ÿ” ๐Œ๐ข๐ฅ๐ฅ๐ข๐จ๐ง
๐Œ๐š๐ซ๐ค๐ž๐ญ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐‘๐š๐ญ๐ž: ๐Ÿ‘.๐Ÿ—% (๐Ÿ๐ŸŽ๐Ÿ๐Ÿ’-๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ)

The Saudi Arabia prefabricated building and structural steel market size reached ๐”๐’๐ƒ ๐Ÿ,๐Ÿ•๐Ÿ“๐Ÿ–.๐Ÿ’ ๐Œ๐ข๐ฅ๐ฅ๐ข๐จ๐ง in 2023. Looking forward, IMARC Group expects the market to reach ๐”๐’๐ƒ ๐Ÿ,๐Ÿ“๐Ÿ๐Ÿ‘.๐Ÿ” ๐Œ๐ข๐ฅ๐ฅ๐ข๐จ๐ง by 2032, exhibiting a ๐ ๐ซ๐จ๐ฐ๐ญ๐ก ๐ซ๐š๐ญ๐ž (๐‚๐€๐†๐‘) ๐จ๐Ÿ ๐Ÿ‘.๐Ÿ—% during 2024-2032.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐Ÿ๐จ๐ซ ๐š ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐œ๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/saudi-arabia-prefabricated-building-structural-steel-market/requestsample

๐’๐š๐ฎ๐๐ข ๐€๐ซ๐š๐›๐ข๐š ๐๐ซ๐ž๐Ÿ๐š๐›๐ซ๐ข๐œ๐š๐ญ๐ž๐ ๐๐ฎ๐ข๐ฅ๐๐ข๐ง๐  ๐š๐ง๐ ๐’๐ญ๐ซ๐ฎ๐œ๐ญ๐ฎ๐ซ๐š๐ฅ ๐’๐ญ๐ž๐ž๐ฅ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ:

The Saudi Arabia prefabricated building and structural steel market is primarily driven by the country's extensive infrastructure development projects under its Vision 2030 initiative. As the government focuses on diversifying the economy and reducing oil dependence, there is an increasing demand for rapid and cost-effective construction solutions, which makes prefabricated buildings and structural steel highly appealing.

Mega-projects like NEOM, The Red Sea Project, and Qiddiya are pivotal in driving the need for prefabricated structures, as these developments require efficient construction methods to meet tight timelines and large-scale demands. Prefabricated buildings offer significant advantages in terms of speed, cost-efficiency, and environmental sustainability, aligning with the Kingdom's goals for rapid urbanization and modern infrastructure.

Furthermore, the growth in the commercial, residential, and industrial construction sectors is propelling the demand for structural steel due to its strength, flexibility, and sustainability in high-rise buildings, bridges, and industrial plants. The ongoing expansion of energy projects, including renewable energy infrastructure, is also fueling demand for both prefabricated buildings and structural steel.

๐’๐š๐ฎ๐๐ข ๐€๐ซ๐š๐›๐ข๐š ๐๐ซ๐ž๐Ÿ๐š๐›๐ซ๐ข๐œ๐š๐ญ๐ž๐ ๐๐ฎ๐ข๐ฅ๐๐ข๐ง๐  ๐š๐ง๐ ๐’๐ญ๐ซ๐ฎ๐œ๐ญ๐ฎ๐ซ๐š๐ฅ ๐’๐ญ๐ž๐ž๐ฅ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐œ๐จ๐ฉ๐ž ๐š๐ง๐ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ:

The scope of the Saudi Arabia prefabricated building and structural steel market covers a wide range of sectors, including commercial, residential, industrial, and infrastructure projects. Market analysis indicates a shift towards modern construction techniques such as modular and prefabricated structures, which are increasingly adopted for their time-saving and cost-effective benefits.

The rising urbanization and industrialization in the Kingdom have heightened the need for flexible and scalable construction solutions, further driving the market. Local steel manufacturers and construction firms are playing a crucial role in meeting this demand, although imports still supplement the supply, particularly for advanced materials. Challenges in the market include fluctuations in global steel prices, reliance on imports for certain steel grades, and the need for skilled labor to implement modern construction technologies.

However, the market outlook remains positive, driven by the continuous government investment in large-scale infrastructure and industrial projects. The adoption of eco-friendly materials and sustainable building practices, in line with global environmental standards, is expected to further shape the future of the prefabricated building and structural steel market in Saudi Arabia.

๐’๐š๐ฎ๐๐ข ๐€๐ซ๐š๐›๐ข๐š ๐๐ซ๐ž๐Ÿ๐š๐›๐ซ๐ข๐œ๐š๐ญ๐ž๐ ๐๐ฎ๐ข๐ฅ๐๐ข๐ง๐  ๐š๐ง๐ ๐’๐ญ๐ซ๐ฎ๐œ๐ญ๐ฎ๐ซ๐š๐ฅ ๐’๐ญ๐ž๐ž๐ฅ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง:

The report has segmented the market into the following categories:

๐๐ซ๐ž๐š๐ค๐ฎ๐ฉ ๐›๐ฒ ๐‚๐จ๐ฆ๐ฉ๐จ๐ง๐ž๐ง๐ญ:

๐๐ซ๐ž๐Ÿ๐š๐›๐ซ๐ข๐œ๐š๐ญ๐ž๐ ๐๐ฎ๐ข๐ฅ๐๐ข๐ง๐ :

โ€ข Floors and Roof
โ€ข Walls
โ€ข Staircase
โ€ข Panels and Lintels
โ€ข Others

๐’๐ญ๐ซ๐ฎ๐œ๐ญ๐ฎ๐ซ๐š๐ฅ ๐’๐ญ๐ž๐ž๐ฅ:

โ€ข H-Type Beam
โ€ข I-Type Beam
โ€ข Columns
โ€ข Angles
โ€ข Others

๐๐ซ๐ž๐š๐ค๐ฎ๐ฉ ๐›๐ฒ ๐„๐ง๐ ๐”๐ฌ๐ž:

โ€ข Residential
โ€ข Institutional
โ€ข Commercial
โ€ข Industrial

๐‚๐จ๐ฆ๐ฉ๐ž๐ญ๐ข๐ญ๐ข๐ฏ๐ž ๐‹๐š๐ง๐๐ฌ๐œ๐š๐ฉ๐ž:

The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant. Some of the key players in the market include:

โ€ข Saudi Building Systems Mfg. Co.
โ€ข Red Sea Housing Services
โ€ข Kirby Building Systems
โ€ข Zamil Steel Pre-Engineered Buildings Co. Ltd.

๐€๐ฌ๐ค ๐š๐ง ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ญ: https://www.imarcgroup.com/request?type=report&id=890&flag=C

๐Š๐ž๐ฒ ๐ก๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:

โ€ข ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐๐ž๐ซ๐Ÿ๐จ๐ซ๐ฆ๐š๐ง๐œ๐ž (๐Ÿ๐ŸŽ๐Ÿ๐Ÿ–-๐Ÿ๐ŸŽ๐Ÿ๐Ÿ‘)
โ€ข ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฎ๐ญ๐ฅ๐จ๐จ๐ค (๐Ÿ๐ŸŽ๐Ÿ๐Ÿ’-๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ)
โ€ข COVID-19 Impact on the Market
โ€ข Porter's Five Forces Analysis
โ€ข Strategic Recommendations
โ€ข Historical, Current and Future Market Trends
โ€ข Market Drivers and Success Factors
โ€ข SWOT Analysis
โ€ข Structure of the Market
โ€ข Value Chain Analysis
โ€ข Comprehensive Mapping of the Competitive Landscape

๐๐จ๐ญ๐ž: ๐ˆ๐Ÿ ๐ฒ๐จ๐ฎ ๐ง๐ž๐ž๐ ๐ฌ๐ฉ๐ž๐œ๐ข๐Ÿ๐ข๐œ ๐ข๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง ๐ญ๐ก๐š๐ญ ๐ข๐ฌ ๐ง๐จ๐ญ ๐œ๐ฎ๐ซ๐ซ๐ž๐ง๐ญ๐ฅ๐ฒ ๐ฐ๐ข๐ญ๐ก๐ข๐ง ๐ญ๐ก๐ž ๐ฌ๐œ๐จ๐ฉ๐ž ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ, ๐ฐ๐ž ๐œ๐š๐ง ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐ž ๐ข๐ญ ๐ญ๐จ ๐ฒ๐จ๐ฎ ๐š๐ฌ ๐š ๐ฉ๐š๐ซ๐ญ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐œ๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง.

๐๐ซ๐จ๐ฐ๐ฌ๐ž ๐Œ๐จ๐ซ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‹๐š๐ญ๐ž๐ฌ๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ:

โ€ข ๐Œ๐ข๐๐๐ฅ๐ž ๐„๐š๐ฌ๐ญ ๐’๐ž๐œ๐ฎ๐ซ๐ข๐ญ๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.imarcgroup.com/middle-east-security-market

โ€ข ๐’๐š๐ฎ๐๐ข ๐€๐ซ๐š๐›๐ข๐š ๐‚๐จ๐ฌ๐ฆ๐ž๐ญ๐ข๐œ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.imarcgroup.com/saudi-arabia-cosmetics-market

โ€ข ๐’๐š๐ฎ๐๐ข ๐€๐ซ๐š๐›๐ข๐š ๐‡๐จ๐ฆ๐ž ๐…๐ฎ๐ซ๐ง๐ข๐ญ๐ฎ๐ซ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.imarcgroup.com/saudi-arabia-home-furniture-market

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐”๐ฌ:
๐ˆ๐Œ๐€๐‘๐‚ ๐†๐ซ๐จ๐ฎ๐ฉ
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ:

IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services.

IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

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