Press release
Global Pre-Engineered Buildings Market: Growth, Trends, and Regional Insights
๐๐ซ๐-๐๐ง๐ ๐ข๐ง๐๐๐ซ๐๐ ๐๐ฎ๐ข๐ฅ๐๐ข๐ง๐ ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐPre-engineered buildings are structures primarily made from steel frames, manufactured off-site and assembled on-site. These frameworks include steel plates, beams, and columns designed to support vast spans without the need for interior columns. PEBs feature roof and wall coverings that contribute to their durability and practicality. These structures are widely used across industries for warehouses, distribution centers, retail outlets, office spaces, hangars, and medical facilities. Compared to traditional building methods using light-gauge aluminum or masonry, PEBs are more economical and time-efficient.
๐๐ซ๐-๐๐ง๐ ๐ข๐ง๐๐๐ซ๐๐ ๐๐ฎ๐ข๐ฅ๐๐ข๐ง๐ ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ฑ๐ฉ๐๐๐ญ๐๐ ๐๐๐ฏ๐๐ง๐ฎ๐ ๐๐ซ๐จ๐ฐ๐ญ๐ก:
The global market for pre-engineered buildings (PEBs) was valued at USD 22,456.37 million in 2023, with expectations for robust growth. It is projected to expand at an 11.5% compound annual growth rate (CAGR) over the forecast period from 2024 to 2030.
๐ ๐จ๐ซ ๐๐ง ๐ข๐ง-๐๐๐ฉ๐ญ๐ก ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ, ๐๐ฅ๐ข๐๐ค ๐ญ๐ก๐ ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐๐ ๐ฅ๐ข๐ง๐ค:https://www.maximizemarketresearch.com/request-sample/30843/
๐๐๐ซ๐ค๐๐ญ ๐๐ฒ๐ง๐๐ฆ๐ข๐๐ฌ ๐๐ซ๐ข๐ฏ๐ข๐ง๐ ๐๐ซ๐จ๐ฐ๐ญ๐ก
The increasing global emphasis on advanced construction techniques and the rise of industrialization are primary growth drivers for the pre-engineered buildings market. The surge in e-commerce and logistics, alongside expanding retail sectors, has amplified the demand for warehouse and storage spaces. This trend has positioned PEBs as a favored solution due to their affordability and durability. Additionally, these systems offer significant benefits, including extended material life, flexible design possibilities, and reduced construction time and costs.
The market has also been influenced by the emergence of green building practices. Pre-engineered green structures have garnered attention due to their eco-friendly attributes, such as lower carbon emissions and energy consumption during construction and operation phases. These green PEBs contribute to sustainability efforts, which are increasingly prioritized by governments and organizations worldwide.
๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐๐๐ฅ ๐๐๐ฏ๐๐ง๐๐๐ฆ๐๐ง๐ญ๐ฌ ๐๐ง๐ ๐๐๐ฐ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง๐ฌ
Technological advancements have propelled the evolution of PEBs, contributing to improved quality of life through enhanced construction methods. Construction using PEBs is reported to be 30-40% faster than traditional masonry. These buildings also possess notable insulation properties, making them suitable for tropical climates, such as India. Additionally, PEBs are ideal for construction in remote or difficult-to-access areas.
A survey conducted by the Metal Building Associations (MBA) highlighted that more than 60% of low-rise non-residential structures in the U.S. are now pre-engineered buildings. The applications of PEBs have diversified beyond warehouses to include rural and urban housing projects, health centers, schools, offices, supermarkets, and earthquake-resistant structures.
๐๐๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ญ: https://www.maximizemarketresearch.com/request-sample/30843/
๐๐ซ๐-๐๐ง๐ ๐ข๐ง๐๐๐ซ๐๐ ๐๐ฎ๐ข๐ฅ๐๐ข๐ง๐ ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง
๐๐ฒ ๐๐ญ๐ซ๐ฎ๐๐ญ๐ฎ๐ซ๐
Single-Story
Multi-Story
Single-Story PEBs: Dominated the market in 2023 with a 73.1% share. Investments in infrastructure and industrial facilities are driving demand for these structures, which provide open spaces that are cost-effective and adaptable to various uses, including healthcare, education, and recreational facilities.
Multi-Story PEBs: Expected to gain traction as urbanization and complex building requirements increase.
๐๐ฒ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง
Warehouses & Industrial
Infrastructure
Commercial
Others
Warehouses & Industrial Facilities: Held the majority share at 64% in 2023, spurred by the growth of manufacturing, shipping, and e-commerce sectors. The need for production sites, R&D centers, and distribution hubs is a significant factor driving this segment.
Infrastructure: Anticipated to grow at a notable CAGR of 10.9% through 2030, fueled by the development of transport-related structures like airport terminals, metro stations, and bridges.
๐๐ซ๐-๐๐ง๐ ๐ข๐ง๐๐๐ซ๐๐ ๐๐ฎ๐ข๐ฅ๐๐ข๐ง๐ ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐จ๐ฉ๐ ๐๐ง๐ ๐๐๐ญ๐ก๐จ๐๐จ๐ฅ๐จ๐ ๐ฒ:
Market Report Pre-Engineered Buildings provides an elaborate examination of the Pre-Engineered Buildings commercial, where a study about Pre-Engineered Buildings markets and their segments is included. The data comes from primary as well as secondary research approaches. The variety of sources, including trade magazines, government publications, company websites, market assessments, industry reports, annual reports, and databases, are used to gather secondary data. The valuation of the Pre-Engineered Buildings market for Product and geographic segments is given based on current market trends and conditions. The most recent development in the industry and the future market overview give recognition to its recent advancements. It brings a deep analysis, including market size and forecast, trends, growth drivers as well as challenges faced by Pre-Engineered Buildings Market.
๐๐๐๐๐ฌ๐ฌ ๐๐จ๐ฎ๐ซ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ + ๐๐ข๐ฌ๐ฎ๐๐ฅ๐ฌ ๐๐จ๐ฐ: https://www.maximizemarketresearch.com/request-sample/30843/
๐๐ซ๐-๐๐ง๐ ๐ข๐ง๐๐๐ซ๐๐ ๐๐ฎ๐ข๐ฅ๐๐ข๐ง๐ ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ
The Asia-Pacific region led the market in 2023, accounting for 38.71% of the global market share. This dominance is driven by substantial investments in non-residential construction and infrastructure projects in countries like India and China. The region benefits from factors such as a growing population, economic expansion, and governmental support for low-cost green construction projects. Favorable conditions like low labor costs and trade policies have also attracted international companies to set up production and distribution centers, enhancing regional market growth.
๐๐ซ๐-๐๐ง๐ ๐ข๐ง๐๐๐ซ๐๐ ๐๐ฎ๐ข๐ฅ๐๐ข๐ง๐ ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
Bluescope
Zamil Steel Holding Company
Kirby Building Systems
Nucor Corporation
NCI Building Systems
Lindab Group
Everest Industries
PEB Steel
PEBS Pennar
ATCO
Atad Steel Structure Corporation
Memaar Building Systems
Norsteel Buildings
John Reid & Sons (Strucsteel)
Rigid Global Buildings
Metal Building Manufacturers Inc.
Mabani Steel
Steelway Building Systems
Tiger Steel Engineering India (Tseil)
Emirates Building Systems
Phenix Construction Technologies
Allied Steel Buildings
SML Group
Octamec Group
Jindal Buildsys
๐๐๐๐๐ข๐ฏ๐ ๐๐จ๐ฎ๐ซ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐ฐ๐ข๐ญ๐ก ๐๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:https://www.maximizemarketresearch.com/market-report/global-pre-engineered-buildings-market/30843/
๐๐๐ฒ ๐ช๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐๐ง๐ฌ๐ฐ๐๐ซ๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐ซ๐-๐๐ง๐ ๐ข๐ง๐๐๐ซ๐๐ ๐๐ฎ๐ข๐ฅ๐๐ข๐ง๐ ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐:
What is Pre-Engineered Buildings?
What is the growth rate of the Pre-Engineered Buildings Market?
Which are the factors expected to drive the Pre-Engineered Buildings market growth?
What are the different segments of the Pre-Engineered Buildings Market?
What growth strategies are the players considering to increase their presence in Pre-Engineered Buildings?
What are the upcoming industry applications and trends for the Pre-Engineered Buildings Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Pre-Engineered Buildings Market?
Who are the leading companies and what are their portfolios in Pre-Engineered Buildings Market?
What segments are covered in the Pre-Engineered Buildings Market?
Who are the key players in the Pre-Engineered Buildings market?
๐๐๐ฒ ๐๐๐๐๐ซ๐ข๐ง๐ ๐ฌ:
Market Size, Share, Size & Forecast by different segment
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation - A detailed analysis by segment with their sub-segments and Region
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
๐๐ซ๐จ๐ฐ๐ฌ๐ ๐๐๐๐ข๐ญ๐ข๐จ๐ง๐๐ฅ ๐๐๐ฒ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ก๐๐ฆ๐๐ฌ:
โฃ UAV Drones Market https://www.maximizemarketresearch.com/market-report/uav-drones-market/2632/
โฃ Recycled Glass Market https://www.maximizemarketresearch.com/market-report/recycled-glass-market/168069/
โฃ Software Quality Assurance Market https://www.maximizemarketresearch.com/market-report/global-software-quality-assurance-market/63162/
โฃ Metal Fabrication Market https://www.maximizemarketresearch.com/market-report/metal-fabrication-market/13591/
โฃ Thermal Camera Market https://www.maximizemarketresearch.com/market-report/thermal-camera-market/122273/
โฃ Refractories Market https://www.maximizemarketresearch.com/market-report/global-refractories-market/26727/
โฃ Heparin Market https://www.maximizemarketresearch.com/market-report/global-heparin-market/103436/
โฃ Global Big Data and Data Engineering Services Market https://www.maximizemarketresearch.com/market-report/big-data-and-data-engineering-services-market/14625/
โฃ Global Recommendation Engine Market https://www.maximizemarketresearch.com/market-report/recommendation-engine-market/2852/
โฃ Global Push-to-Talk over Cellular Market https://www.maximizemarketresearch.com/market-report/global-push-to-talk-over-cellular-market/92524/
๐๐ฎ๐ซ ๐๐๐๐ซ๐๐ฌ๐ฌ:
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๐๐๐จ๐ฎ๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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