Press release
Light Gauge Steel Framing Market: Growth Rates, Drivers, and Trends to 2029
Light Gauge Steel Framing Market Size
What Is The Projected Market Size Of The Global Light Gauge Steel Framing Market And Its Growth Rate?
The light gauge steel framing market demonstrates consistent growth, driven by various market forces:
• 2024 Market Size: $35.27 billion
• 2025 Market Size: $36.23 billion (2.7% CAGR)
• 2029 Projected Market Size: $42.68 billion (4.2% CAGR)
Growth in the historic period was attributed to factors such as housing market trends, regulatory changes and standards, industrialization and urbanization, and shifts in consumer aesthetics.
What Is Driving The Growth In The Light Gauge Steel Framing Market?
The surge in construction activities globally stimulates the growth of the light gauge steel framing market. Widespread utilization of cold-formed steel as a principal construction material for roofs, floors, walls, and entire building structures contributes significantly to market growth. For example, in 2024, the total spending on construction increased by 7.6%, reaching $1428.5 billion, as per The United States Census Bureau. The uptick in construction activities is thus expected to boost demand for light gauge steel framing.
Request A Free Sample Copy:
https://www.thebusinessresearchcompany.com/sample.aspx?id=6689&type=smp
Who Are the Key Players Driving Light Gauge Steel Framing Market Growth?
Key participants in the light gauge steel framing market include:
• ArcelorMittal S.A.
• HONGLU STEEL STRUCTURE
• Jinggong Steel
• ZHEJIANG SOUTHEAST SPACE FRAME Co LTD.
• Clarkwestern Dietrich Building Systems Ltd.
• China State Construction Engineering Corporation Ltd.
• Precision Walls Inc.
• HangXiao Steel Structure Co Ltd.
What Are The Key Trends In The Light Gauge Steel Framing Market?
Prominent trends in the light gauge steel framing market include:
• Skilled labor availability
• Sustainable construction
• Modular and prefabricated construction
• Rise in urbanization
• Energy efficiency standards
What Are The Segments Of The Global Light Gauge Steel Framing Market?
The global light gauge steel framing market is categorized based on:
• Type: Skeleton, Wall Bearing, Long Span
• End-Use: Commercial, Residential, Industrial
Which Region Leads The Light Gauge Steel Framing Market?
In 2024, Asia-Pacific was the largest region in the light gauge steel framing market and it is predicted to exhibit the highest growth rate in the forecast period. The regions covered in this market report extend to Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Pre-Book The Report For Swift Delivery:
https://www.thebusinessresearchcompany.com/report/light-gauge-steel-framing-global-market-report
What Is Covered In The Light Gauge Steel Framing Market Global Market Report?
- Market Size Analysis: Analyze the Light Gauge Steel Framing Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Light Gauge Steel Framing Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Light Gauge Steel Framing Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Light Gauge Steel Framing Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
Request Customization For This Report:
https://www.thebusinessresearchcompany.com/customise?id=6689&type=smp
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Light Gauge Steel Framing Market: Growth Rates, Drivers, and Trends to 2029 here
News-ID: 3841538 • Views: …
More Releases from The Business Research Company
Company Registration Service Market Landscape 2025: Forecast Data and Growth Str …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Company Registration Service Market Through 2025?
The market size for company registration services has seen robust growth in the recent past. The market is projected to expand from $10.67 billion in 2024 to $11.55 billion in 2025, exhibiting a compound annual growth…
Comprehensive 2025 Commercial Toilet Partition Market Overview: Trends, Forecast …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Toilet Partition Market Through 2025?
In recent years, the market size for commercial toilet partitions has significantly expanded. The forecast predicts a rise from $1.82 billion in 2024 to $1.95 billion in 2025, with a compound annual growth rate (CAGR) of…
Key Trends Influencing the Growth of the Commercial Insurance For Small And Medi …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Insurance For Small And Medium-Sized Enterprises (SMEs) Market Through 2025?
The market size of commercial insurance for small and medium-sized enterprises (SMEs) has seen substantial growth over the recent years. A rise from $111.83 billion in 2024 to $119.76 billion in…
Growing Focus On Reducing Greenhouse Gas Emissions Driving The Market Growth Due …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Combustion Emissions Analyzer Market Through 2025?
In the past few years, the market size for combustion emissions analyzer has seen robust growth. It is projected to increase from $1.02 billion in 2024 to $1.09 billion in 2025, with a compound annual growth…
More Releases for Steel
Steel Beams Market is Booming Worldwide with Steel Dynamics, JSW Steel, JFE Stee …
HTF MI just released the Global Steel Beams Market Study, a comprehensive analysis of the market that spans more than 143+ pages and describes the product and industry scope as well as the market prognosis and status for 2025-2032. The marketization process is being accelerated by the market study's segmentation by important regions. The market is currently expanding its reach.
Major Giants in Steel Beams Market are:
ArcelorMittal (Luxembourg), Nippon Steel (Japan),…
Special Ball Bearing Steel Market : Eminent Players - Nippon Steel, Suzhou Steel …
Market Description -
Los Angeles, (United States) - The information made available in the Special Ball Bearing Steel report will definitely facilitate to increase the knowledge and decision-making skills of the business, thus providing an immense opportunity for growth. This will at last increase the return rate and drive the competitive edge within. Being a custom market report, it provides services tailored to the exact challenge. Whether it is survey work,…
Miscellaneous Steel Detailing | Steel Detailer | Steel Detailing Services
We provide the highest quality of finished projects in the industry. Boasting unmatched turnaround times, and superb accuracy. WorldSteel Detailings has onboard team of experienced steel detailers and engineers with a wide range of experience from industrial and commercial projects to high rise buildings. By using innovative technologies and latest softwares, our structural steel detailing team provides accurate services as per your requirements based on country standards.Our steel detailing professionals…
What's driving the Structural Steel Market trends? ArcelorMittal, Tata Steel, Ni …
A detailed study on ‘Structural Steel market’ formulated by Market Study Report, LLC, puts together a concise analysis of the growth factors impacting the current business scenario across assorted regions. Significant information pertaining to the industry’s size, share, application, and statistics are also summed in the report in order to present an ensemble prediction. In addition, this report undertakes an accurate competitive analysis illustrating the status of market majors in…
What's driving the Structural Steel Market trends? ArcelorMittal, Tata Steel, Ni …
A detailed study on ‘Structural Steel market’ formulated by Market Study Report, LLC, puts together a concise analysis of the growth factors impacting the current business scenario across assorted regions. Significant information pertaining to the industry’s size, share, application, and statistics are also summed in the report in order to present an ensemble prediction. In addition, this report undertakes an accurate competitive analysis illustrating the status of market majors in…
What's driving the Structural Steel Market trends? ArcelorMittal, Tata Steel, Ni …
A detailed study on ‘Structural Steel market’ formulated by Market Study Report, LLC, puts together a concise analysis of the growth factors impacting the current business scenario across assorted regions. Significant information pertaining to the industry’s size, share, application, and statistics are also summed in the report in order to present an ensemble prediction. In addition, this report undertakes an accurate competitive analysis illustrating the status of market majors in…
