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Pre-engineered Buildings Market by Structure, Application, & Region - Global Forecast to 2024

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  • 128 Pages
  • May 2019
  • Region: Global
  • Markets and Markets
  • ID: 4770703
Description Jump to:

 Growing awareness about the green buildings is projected to drive the growth of the pre-engineered buildings market

 The pre-engineered buildings market has been growing due to the increasing demand for green buildings and the need for reduced construction time and cost along with demand for lightweight building structures. Vulnerability to corrosion, lower thermal conductivity, and limited fire resistance of pre-engineered buildings may pose a restraint to the pre-engineered buildings market.

The single-story segment is projected to have a larger market share in the pre-engineered buildings market during the forecast period

The single-story segment is projected to account for the larger market share during the forecast period. The dominance of single-story buildings is attributed to their wide range of applications, the lesser requirement of accessories, green building solution, and cost-time benefits. The multi-story segment accounted for a lesser share in the pre-engineered buildings market, owing to lesser acceptance and awareness of these buildings in the commercial and residential applications in the under-developed and developing countries. Consumers in these countries still prefer concrete as a construction material for multi-story buildings.

The warehouses & industrial segment is projected to be the largest contributor to the pre-engineered buildings market during the forecast period

The warehouses & industrial segment is projected to grow the highest CAGR during the forecast period. The use of pre-engineered buildings for warehousing offers several benefits over conventional concrete warehouses, such as cost benefits, quicker return on investments, faster installation, easy maintenance, better quality, and earthquake resistance among others. Further, the dominance of this segment is also supported by the increasing demand for storage spaces for the agricultural sector and cold storage for the food & beverage and pharmaceutical sectors.The Asia Pacific is projected to record the highest growth rate during the forecast period

The Asia Pacific accounted for the largest share in 2018 and is also projected to record the highest growth rate during the forecast period. The growth in the APAC region can be attributed to the increasing demand for pre-engineered buildings from the growing non-residential construction (including commercial and industrial) and infrastructural development in the region. The major demand for pre-engineered buildings in the region is contributed by India and China, owing to the growing construction industry, increasing population and economic growth.

In-depth interviews were conducted with Chief Executive Officers (CEOs), marketing directors, other innovation and technology directors, and executives from various key organizations operating in the pre-engineered buildings market.

  • By Company Type: Tier 1: 40%, Tier 2: 25%, and Tier 3: 35%
  • By Designation: C-level Executives: 35%, Directors: 30%, and Others*: 35%
  • By Region: North America: 45%, Europe: 25%, Asia Pacific: 20%, South America: 5%, and Middle East & Africa: 5%.

Others include sales managers, marketing managers, and product managers

The pre-engineered buildings market comprises major manufacturers such BlueScope Steel (Australia), NCI Building Systems (US), Nucor Corporation (US), Kirby Building Systems (Kuwait), Zamil Steel Holding Company (Saudi Arabia), ATCO (Canada), Lindab Group (Sweden), PEBS Pennar (India), PEB Steel Buildings (Vietnam), and Everest Industries (India).

Research Coverage

The market study covers the pre-engineered buildings market across segments. It aims at estimating the market size and the growth potential of this market, across different segments on the basis of structure, application, and region. The study also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.

Key Benefits of Buying the Report

  • The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers of the overall pre-engineered buildings market and its subsegments.
  • This report will help the stakeholders understand the competitive landscape and gain more insights to position their businesses better and to plan suitable go-to-market strategies.
  • The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.

Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Periodization Considered
1.4 Currency Considered
1.5 Unit Considered
1.6 Stakeholders
2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Breakdown of Primaries
2.2 Market Size Estimation
2.3 Data Triangulation
2.4 Research Assumptions & Limitations
2.4.1 Assumptions
2.4.2 Limitations
3 Executive Summary
4 Premium Insights
4.1 Developing Economies to Register High Growth  in the Pre-Engineered Buildings Market
4.2 Pre-Engineered Buildings Market, By Structure
4.3 Pre-Engineered Buildings Market, By Application
4.4 Pre-Engineered Buildings Market,  By Region and Structure
4.5 Pre-Engineered Buildings Market, By Country
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Rapid Industrialization and Growth in Infrastructural Investment
5.2.1.2 Increasing Demand for Green Buildings
5.2.1.3 Increase in the Use of Steel in Building and Construction Projects
5.2.1.4 Need for Reduced Construction Time and Cost and  for Lightweight Building Structure
5.2.2 Restraints
5.2.2.1 Vulnerability to Corrosion, Lower Thermal Conductivity,  and Limited Fire Resistance of Pre-Engineered Buildings
5.2.3 Opportunities
5.2.3.1 Increase in Population and Rapid Urbanization Translating  Into A Large Number of New Construction Projects
5.2.4 Challenges
5.2.4.1 Fluctuation in Raw Material Prices
5.2.4.2 Lack of Skilled Manpower and Awareness
6 Pre-Engineered Buildings Market, By Structure
6.1 Introduction
6.2 Single-Story
6.2.1 Single-Story Segment to Be the Largest Segment  of the Pre-Engineered Buildings Market
6.3 Multi-Story
6.3.1 Multi-Story Pre-Engineered Buildings Have Higher Penetration in the Developed Countries
7 Pre-Engineered Buildings Market, By Application
7.1 Introduction
7.2 Warehouses & Industrial
7.2.1 Warehouses & Industrial Application to Be the Leading Application in the Pre-Engineered Buildings Market
7.3 Infrastructure
7.3.1 The Increase in Public and Private Investments in the Infrastructural Sector is Fueling the Demand for Pre-Engineered Buildings in Infrastructural Application
7.4 Commercial
7.4.1 The Commercial Segment is Projected to Record the Second-Highest Growth Rate During the Forecast Period
7.5 Others
7.5.1 The Others Segment is Projected to Record the Lowest Growth Rate During the Forecast Period
8 Pre-Engineered Buildings Market, By Region
8.1 Introduction
8.2 Asia Pacific
8.2.1 China
8.2.1.1 China is the Second-Largest Country-Level Market for  Pre-Engineered Buildings, Globally
8.2.2 India
8.2.2.1 India to Be the Fastest-Growing Market for  Pre-Engineered Buildings in Asia Pacific
8.2.3 Australia
8.2.3.1 The Growth of the Non-Residential Construction Industry  is Driving the Pre-Engineered Buildings Market in Australia
8.2.4 Japan
8.2.4.1 Demand for Shorter Construction Time, Reduced Construction Cost, and Increasing Demand for Sustainable Buildings are Driving the Japanese PEB Market
8.2.5 Rest of Asia Pacific
8.2.5.1 Rise in Income Levels, Rapid Urbanization, and Trade Liberalization Drive the Pre-Engineered Buildings  Market in Rest of Asia Pacific
8.3 North America
8.3.1 US
8.3.1.1 US to Be the Largest Country-Level Market for  Pre-Engineered Buildings, Globally
8.3.2 Canada
8.3.2.1 The Canadian Pre-Engineered Buildings Market is  Characterized By Increase in the Use of Steel in Construction
8.3.3 Mexico
8.3.3.1 Favorable Government Policies Support the Construction  Industry, Which Is, in Turn, Driving the Mexican  Pre-Engineered Buildings Market Growth
8.4 Europe
8.4.1 Germany
8.4.1.1 Germany is Projected to Be the Largest Market for  Pre-Engineered Buildings in Europe Through 2024
8.4.2 UK
8.4.2.1 The UK is Projected to Be the Fastest- Growing Market for Pre-Engineered Buildings in Europe During the Forecast Period
8.4.3 France
8.4.3.1 France has Attracted Foreign Investors Due to Its Economic Dynamism, Industrial Hubs, High Labor Productivity, and the Presence of Big International Companies
8.4.4 Italy
8.4.4.1 Cost-Effective and Time-Saving Construction Methods Boost the Adoption and Growth of Pre-Engineered Buildings in Italy
8.4.5 Russia
8.4.5.1 Growth in the Russian Pre-Engineered Buildings Market is Supported By Public and Private Investments in the  Construction Industry and Urban Development
8.4.6 Rest of Europe
8.4.6.1 Rest of Europe is Projected to Grow at A Higher  Rate During the Forecast Period
8.5 Middle East & Africa
8.5.1 Saudi Arabia
8.5.1.1 Saudi Arabia to Account for the Largest Share in the Middle East & Africa Pre-Engineered Buildings Market Through 2024
8.5.2 UAE
8.5.2.1 The Growth of Pre-Engineered Buildings in the UAE is Driven By their Usage in the Residential, Hospitality, and Retail Sectors
8.5.3 Turkey
8.5.3.1 Growth of the Non-Residential Construction Industry to Boost  the Demand for Pre-Engineered Buildings in Turkey
8.5.4 South Africa
8.5.4.1 Favorable Trade Policies and the Demand for Sustainable Buildings Drive the Pre-Engineered Buildings Market  in South Africa
8.5.5 Rest of the Middle East & Africa
8.5.5.1 Rest of Middle East & Africa Accounted for the Third-Largest Share in the Middle East & Africa Pre-Engineered Buildings Market in 2018
8.6 South America
8.6.1 Brazil
8.6.1.1 Brazil to Account for the Largest Share in the  South American Pre-Engineered Buildings Market
8.6.2 Argentina
8.6.2.1 The Availability of Raw Materials, Low Labor Costs, and  Ease of Accessibility Attract Foreign Investors to Set  Up their Factories and Warehouses in Argentina
8.6.3 Rest of South America
8.6.3.1 Rest of South America to Show Growth Prospects in  the Demand for Pre-Engineered Buildings
9 Competitive Landscape
9.1 Overview
9.2 Market Ranking
9.3 Competitive Scenario
9.3.1 Contracts/Orders/Project Developments
9.3.2 Expansions and Divestiture
9.3.3 Acquisitions
9.3.4 New Product Developments
10 Company Profiles
10.1 Bluescope
10.2 Zamil Steel Holding Company
10.3 Kirby Building Systems
10.4 Nucor Corporation
10.5 NCI Building Systems
10.6 Lindab Group
10.7 Everest Industries
10.8 PEB Steel
10.9 PEBS Pennar
10.10 ATCO
10.11 Other Players
10.11.1 Atad Steel Structure Corporation
10.11.2 Memaar Building Systems
10.11.3 Norsteel Buildings
10.11.4 John Reid & Sons (Strucsteel)
10.11.5 Rigid Global Buildings
10.11.6 Metal Building Manufacturers Inc.
10.11.7 Mabani Steel
10.11.8 Steelway Building Systems
10.11.9 Tiger Steel Engineering India (Tseil)
10.11.10 Emirates Building Systems
10.11.11 Phenix Construction Technologies
10.11.12 Allied Steel Buildings
10.11.13 SML Group
10.11.14 Octamec Group
10.11.15 Jindal Buildsys
11 Appendix
11.1 Discussion Guide
11.2 Knowledge Store: Subscription Portal
11.3 Available Customizations
11.4 Related Reports
11.5 Author Details
List of Tables (86 Tables)
Table 1 USD Conversion Rates, 2016–2018
Table 2 Asia Pacific Urbanization Trend, 1990–2050
Table 3 Pre-Engineered Buildings Market Size, By Structure, 2017–2024 (USD Million)
Table 4 Pre-Engineered Buildings Market Size, By Structure, 2017–2024 (Million Square Feet)
Table 5 Pre-Engineered Buildings Market Size, By Application, 2017–2024 (USD Million)
Table 6 Pre-Engineered Buildings Market Size, By Application, 2017–2024 (Million Square Feet)
Table 7 Pre-Engineered Buildings Market Size, By Region, 2017–2024 (USD Million)
Table 8 Pre-Engineered Buildings Market Size, By Region, 2017–2024 (Million Square Feet)
Table 9 Asia Pacific: Pre-Engineered Buildings Market Size, By Country, 2017–2024 (USD Million)
Table 10 Asia Pacific: Pre-Engineered Buildings Market Size, By Country, 2017–2024 (Million Square Feet)
Table 11 Asia Pacific: Pre-Engineered Buildings Market Size, By Structure, 2017–2024 (USD Million)
Table 12 Asia Pacific: Pre-Engineered Buildings Market Size, By Structure, 2017–2024 (Million Square Feet)
Table 13 Asia Pacific: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (USD Million)
Table 14 Asia Pacific: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (Million Square Feet)
Table 15 China: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (USD Million)
Table 16 China: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (Million Square Feet)
Table 17 India: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (USD Million)
Table 18 India: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (Million Square Feet)
Table 19 Australia: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (USD Million)
Table 20 Australia: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (Million Square Feet)
Table 21 Japan: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (USD Million)
Table 22 Japan: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (Million Square Feet)
Table 23 Rest of Asia Pacific: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (USD Million)
Table 24 Asia Pacific: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (Million Square Feet)
Table 25 North America: Pre-Engineered Buildings Market Size, By Country, 2017–2024 (USD Million)
Table 26 North America: Pre-Engineered Buildings Market Size, By Country, 2017–2024 (Million Square Feet)
Table 27 North America: Pre-Engineered Buildings Market Size, By Structure, 2017–2024 (USD Million)
Table 28 North America: Pre-Engineered Buildings Market Size, By Structure, 2017–2024 (Million Square Feet)
Table 29 North America: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (USD Million)
Table 30 North America: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (Million Square Feet)
Table 31 US: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (USD Million)
Table 32 US: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (Million Square Feet)
Table 33 Canada: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (USD Million)
Table 34 Canada: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (Million Square Feet)
Table 35 Mexico: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (USD Million)
Table 36 Mexico: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (Million Square Feet)
Table 37 Europe: Pre-Engineered Buildings Market Size, By Country, 2017–2024 (USD Million)
Table 38 Europe: Pre-Engineered Buildings Market Size, By Country, 2017–2024 (Million Square Feet)
Table 39 Europe: Pre-Engineered Buildings Market Size, By Structure, 2017–2024 (USD Million)
Table 40 Europe: Pre-Engineered Buildings Market Size, By Structure, 2017–2024 (Million Square Feet)
Table 41 Europe: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (USD Million)
Table 42 Europe: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (Million Square Feet)
Table 43 Germany: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (USD Million)
Table 44 Germany: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (Million Square Feet)
Table 45 UK: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (USD Million)
Table 46 UK: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (Million Square Feet)
Table 47 France: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (USD Million)
Table 48 France: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (Million Square Feet)
Table 49 Italy: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (USD Million)
Table 50 Italy: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (Million Square Feet)
Table 51 Russia: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (USD Million)
Table 52 Russia: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (Million Square Feet)
Table 53 Rest of Europe: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (USD Million)
Table 54 Rest of Europe: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (Million Square Feet)
Table 55 Middle East & Africa: Pre-Engineered Buildings Market Size, By Country, 2017–2024 (USD Million)
Table 56 Middle East & Africa: Pre-Engineered Buildings Market Size, By Country, 2017–2024 (Million Square Feet)
Table 57 Middle East & Africa: Pre-Engineered Buildings Market Size, By Structure, 2017–2024 (USD Million)
Table 58 Middle East & Africa: Pre-Engineered Buildings Market Size, By Structure, 2017–2024 (Million Square Feet)
Table 59 Middle East & Africa: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (USD Million)
Table 60 Middle East & Africa: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (Million Square Feet)
Table 61 Saudi Arabia: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (USD Million)
Table 62 Saudi Arabia: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (Million Square Feet)
Table 63 UAE: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (USD Million)
Table 64 UAE: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (Million Square Feet)
Table 65 Turkey: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (USD Million)
Table 66 Turkey: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (Million Square Feet)
Table 67 South Africa: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (USD Million)
Table 68 South Africa: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (Million Square Feet)
Table 69 Rest of the Middle East & Africa: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (USD Million)
Table 70 Rest of the Middle East & Africa: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (Million Square Feet)
Table 71 South America: Pre-Engineered Buildings Market Size, By Country, 2017–2024 (USD Million)
Table 72 South America: Pre-Engineered Buildings Market Size, By Country, 2017–2024 (Million Square Feet)
Table 73 South America: Pre-Engineered Buildings Market Size, By Structure, 2017–2024 (USD Million)
Table 74 South America: Pre-Engineered Buildings Market Size, By Structure, 2017–2024 (Million Square Feet)
Table 75 South America: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (USD Million)
Table 76 South America: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (Million Square Feet)
Table 77 Brazil: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (USD Million)
Table 78 Brazil: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (Million Square Feet)
Table 79 Argentina: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (USD Million)
Table 80 Argentina: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (Million Square Feet)
Table 81 Rest of South America: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (USD Million)
Table 82 Rest of South America: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (Million Square Feet)
Table 83 Contracts/Orders/Project Developments, 2017-2019
Table 84 Expansions and Divestiture, 2018-2019
Table 85 Acquisitions, 2017
Table 86 New Product Developments, 2016
List of Figures (27 Figures)
Figure 1 Pre-Engineered Buildings Market Segmentation
Figure 2 Pre-Engineered Buildings Market: Research Design
Figure 3 Market Size Estimation Methodology: Bottom-Up Approach
Figure 4 Market Size Estimation Methodology: Top-Down Approach
Figure 5 Pre-Engineered Buildings Market: Data Triangulation
Figure 6 Single-Story Segment Accounted for A Larger Market Share
Figure 7 Warehouses & Industrial to Be the Fastest-Growing Application of Pre-Engineered Buildings
Figure 8 Asia Pacific Was the Largest Pre-Engineered Buildings Market in 2018
Figure 9 Rapid Industrialization and Growth in Infrastructure Investment to Drive the Pre-Engineered Buildings Market
Figure 10 Single-Story Segment to Grow at A Higher Rate During the Forecast Period, in Terms of Volume
Figure 11 Warehouses & Industrial Segment to Dominate the Pre-Engineered Buildings Market Through 2024, in Terms of Volume
Figure 12 Asia Pacific and the Single-Story Segment Led the Pre-Engineered Buildings Market in 2018, in Terms of Volume
Figure 13 India to Register the Highest Cagr During the Forecast Period
Figure 14 Pre-Engineered Buildings Market Dynamics
Figure 15 Percentage Share of the Demand for Steel, By Region (2017)
Figure 16 Pre-Engineered Buildings Market Size, By Structure, 2019 vs. 2024 (USD Million)
Figure 17 Pre-Engineered Buildings Market Size, By Application, 2019 vs. 2024 (USD Million)
Figure 18 Geographic Snapshot (2019–2024): India is Projected to Register the Highest Growth Rate
Figure 19 Asia Pacific Pre-Engineered Buildings Market Snapshot
Figure 20 Asia Pacific Pre-Engineered Buildings Market: Key Countries (2018)
Figure 21 Market Ranking of Key Players, 2018
Figure 23 Zamil Steel Holding Company: Company Snapshot
Figure 24 Nucor Corporation: Company Snapshot
Figure 25 NCI Building Systems: Company Snapshot
Figure 26 Lindab Group: Company Snapshot
Figure 27 Everest Industries: Company Snapshot

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Executive Summary

Companies Mentioned

  • Allied Steel Buildings
  • Atad Steel Structure Corporation
  • ATCO
  • Bluescope
  • Emirates Building Systems
  • Everest Industries
  • Jindal Buildsys
  • John Reid & Sons (Strucsteel)
  • Kirby Building Systems
  • Lindab Group
  • Mabani Steel
  • Memaar Building Systems
  • Metal Building Manufacturers Inc.
  • NCI Building Systems
  • Norsteel Buildings
  • Nucor Corporation
  • Octamec Group
  • Other Players
  • PEB Steel
  • PEBS Pennar
  • Phenix Construction Technologies
  • Rigid Global Buildings
  • SML Group
  • Steelway Building Systems
  • Tiger Steel Engineering India (Tseil)
  • Zamil Steel Holding Company

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