Press release
Pre-Engineered Buildings Market to Reach USD 22,456.37 Million in 2023, at 11.5% CAGR
Pre-Engineered Buildings Market
The global pre-engineered buildings (PEB) market is experiencing substantial expansion, with a projected compound annual growth rate (CAGR) of 11.5% from 2024 to 2030. Valued at approximately USD 22,456.37 million in 2023, the market is anticipated to reach USD 48,113.15 million by 2030.
๐๐ซ๐-๐๐ง๐ ๐ข๐ง๐๐๐ซ๐๐ ๐๐ฎ๐ข๐ฅ๐๐ข๐ง๐ ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ
Pre-engineered buildings are steel structures fabricated in factories and assembled on-site, offering cost-effective and efficient alternatives to traditional construction methods. Their applications span various sectors, including warehouses, industrial sheds, commercial complexes, and infrastructure projects.
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐๐๐ญ๐ ๐๐ง๐ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐๐ฒ ๐ฏ๐ข๐๐ฐ๐ข๐ง๐ ๐ญ๐ก๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ @https://www.maximizemarketresearch.com/request-sample/30843/
๐๐ซ๐-๐๐ง๐ ๐ข๐ง๐๐๐ซ๐๐ ๐๐ฎ๐ข๐ฅ๐๐ข๐ง๐ ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐๐ข๐๐ญ๐ง๐๐ฆ:
Vietnam's booming industrial sector and government initiatives supporting infrastructure development are key drivers for the market. Notable developments include ๐๐ฅ๐ฎ๐๐๐๐จ๐ฉ๐ ๐๐ญ๐๐๐ฅ'๐ฌ investment in expanding production facilities to cater to increasing domestic demand. The adoption of advanced materials and energy-efficient designs has further propelled market growth.
๐๐ซ๐-๐๐ง๐ ๐ข๐ง๐๐๐ซ๐๐ ๐๐ฎ๐ข๐ฅ๐๐ข๐ง๐ ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐ก๐๐ข๐ฅ๐๐ง๐:
Thailand's pre-engineered buildings market is witnessing a surge in demand from the manufacturing and logistics sectors. ๐๐๐ฆ๐ข๐ฅ ๐๐ญ๐๐๐ฅ'๐ฌ partnerships with local firms have enhanced market presence, enabling quicker delivery and customized solutions. Government-backed infrastructure projects are adding momentum to market expansion.
๐๐ซ๐-๐๐ง๐ ๐ข๐ง๐๐๐ซ๐๐ ๐๐ฎ๐ข๐ฅ๐๐ข๐ง๐ ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ ๐๐๐ฉ๐๐ง:
Japan's pre-engineered buildings market is driven by the country's focus on earthquake-resistant structures and sustainable construction. Recent mergers include ๐๐ข๐ญ๐ฌ๐ฎ๐๐ข๐ฌ๐ก๐ข ๐๐จ๐ซ๐ฉ๐จ๐ซ๐๐ญ๐ข๐จ๐ง'๐ฌ acquisition of mid-sized construction firms to expand its modular building capabilities. Advanced technologies, such as AI-driven design optimization, are shaping the industry.
๐๐๐ญ ๐ ๐๐ฅ๐จ๐ฌ๐๐ซ ๐ฅ๐จ๐จ๐ค ๐๐ญ ๐ญ๐ก๐ ๐ ๐๐ฆ๐-๐๐ก๐๐ง๐ ๐ข๐ง๐ ๐ฉ๐ซ๐จ๐๐ฎ๐๐ญ๐ฌ ๐๐ซ๐ข๐ฏ๐ข๐ง๐ ๐ฌ๐ฎ๐๐๐๐ฌ๐ฌ :https://www.maximizemarketresearch.com/request-sample/30843/
๐๐ซ๐-๐๐ง๐ ๐ข๐ง๐๐๐ซ๐๐ ๐๐ฎ๐ข๐ฅ๐๐ข๐ง๐ ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐:
South Korea's market has seen significant consolidation activities as companies strive to enhance efficiency and expand portfolios. ๐๐ฒ๐ฎ๐ง๐๐๐ข ๐๐ญ๐๐๐ฅ recently partnered with startups specializing in smart construction technologies. The government's emphasis on green building practices is also contributing to market growth.
๐๐ซ๐-๐๐ง๐ ๐ข๐ง๐๐๐ซ๐๐ ๐๐ฎ๐ข๐ฅ๐๐ข๐ง๐ ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ฉ๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐:
Singapore remains a hub for innovation in pre-engineered buildings, with advancements in prefabrication techniques and sustainable materials. ๐๐๐ ๐๐จ๐ซ๐ฉ๐จ๐ซ๐๐ญ๐ข๐จ๐ง'๐ฌ collaboration with global firms has introduced state-of-the-art solutions for industrial and commercial applications. Regulatory support for smart urban infrastructure is driving demand.
๐๐ซ๐-๐๐ง๐ ๐ข๐ง๐๐๐ซ๐๐ ๐๐ฎ๐ข๐ฅ๐๐ข๐ง๐ ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ฒ ๐ข๐ง ๐๐ง๐ข๐ญ๐๐ ๐๐ญ๐๐ญ๐๐ฌ:
The U.S. pre-engineered buildings market is fueled by growth in industrial and commercial sectors. Recent developments include ๐๐ฎ๐ญ๐ฅ๐๐ซ ๐๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐ข๐ง๐ '๐ฌ strategic acquisitions to enhance production capacity and expand its geographic reach. The adoption of LEED-certified construction methods is setting new benchmarks in the industry.
๐๐ง๐ฅ๐จ๐๐ค ๐๐ซ๐ข๐ญ๐ข๐๐๐ฅ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐๐ฒ ๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ข๐ง๐ ๐ญ๐ก๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐ฏ๐ข๐ ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค @https://www.maximizemarketresearch.com/request-sample/30843/
๐๐ซ๐-๐๐ง๐ ๐ข๐ง๐๐๐ซ๐๐ ๐๐ฎ๐ข๐ฅ๐๐ข๐ง๐ ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐ฎ๐ซ๐จ๐ฉ๐:
Europe leads in adopting sustainable practices, with a growing preference for energy-efficient pre-engineered buildings. ๐๐ข๐ง๐ ๐ฌ๐ฉ๐๐ง ๐๐ซ๐จ๐ฎ๐ฉ has invested heavily in R&D to develop advanced insulation solutions. The region's stringent environmental regulations are driving innovation and consolidation activities.
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
๐๐ฒ ๐๐ญ๐ซ๐ฎ๐๐ญ๐ฎ๐ซ๐
Single-Story
Multi-Story
There are two segments in the pre-engineered building market: single-story and multi-story. In 2023, the single-story segment accounted for 73.1% of the market, the biggest share. The need for single-story pre-engineered structures is being driven by investments in infrastructure, logistics, and industrial construction. The expansion of new non-residential construction sectors, including retail, healthcare, education, and recreational and social infrastructure, is also driving up demand for single-story pre-engineered buildings. Additionally, the advantages of creating large, open spaces that are effective, low maintenance, and stylistically adaptable, along with the lower cost of single-story buildings, are driving the rise of the pre-engineered buildings market for this market segment.
๐๐ฒ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง
Warehouses & Industrial
Infrastructure
Commercial
Others
The market for pre-engineered buildings is divided into four segments: commercial, infrastructure, warehouses and industrial, and others. With 64% of the market in 2023, the Warehouses & Industrial segment was the largest. The expansion of the global manufacturing, transportation, and e-commerce sectors is responsible for the segment's rise. The need for factories, manufacturing facilities, R&D facilities, warehouses, and distribution centers is fueled by the expansion in these areas, which accelerates the growth of the pre-engineered building industry.
๐๐๐ญ ๐ ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ:https://www.maximizemarketresearch.com/market-report/global-pre-engineered-buildings-market/30843/
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
๐๐๐๐๐ง๐ญ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ
๐๐ฅ๐ฎ๐๐๐๐จ๐ฉ๐ ๐๐ญ๐๐๐ฅ expanded its operations in Southeast Asia, focusing on Vietnam and Thailand.
๐๐๐ฆ๐ข๐ฅ ๐๐ญ๐๐๐ฅ introduced a new line of modular building solutions tailored for the Middle East and Asia.
๐๐ข๐ญ๐ฌ๐ฎ๐๐ข๐ฌ๐ก๐ข ๐๐จ๐ซ๐ฉ๐จ๐ซ๐๐ญ๐ข๐จ๐ง acquired a stake in construction technology firms, enhancing its capabilities in Japan.
๐๐ฒ๐ฎ๐ง๐๐๐ข ๐๐ญ๐๐๐ฅ launched a smart building initiative in partnership with tech startups.
๐๐ข๐ง๐ ๐ฌ๐ฉ๐๐ง ๐๐ซ๐จ๐ฎ๐ฉ unveiled a new energy-efficient panel system in Europe, targeting industrial applications.
๐๐ก๐๐๐ค ๐จ๐ฎ๐ญ ๐จ๐ฎ๐ซ ๐ญ๐ซ๐๐ง๐๐ข๐ง๐ ๐ฌ๐ญ๐ฎ๐๐ข๐๐ฌ ๐ญ๐จ ๐ฎ๐ง๐๐๐ซ๐ฌ๐ญ๐๐ง๐ ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐ฌ๐ก๐ข๐๐ญ๐ฌ :
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