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The Pre-engineered Buildings Market grew from USD 17.14 billion in 2023 to USD 18.70 billion in 2024. It is expected to continue growing at a CAGR of 10.33%, reaching USD 34.11 billion by 2030. Speak directly to the analyst to clarify any post sales queries you may have.
These components are designed and manufactured in a factory setting, then assembled on-site to create structures that are durable, cost-effective, and customizable. This market serves a broad range of applications, including commercial, industrial, warehouse, and infrastructural facilities. PEBs are utilized in various sectors, demonstrating diverse applications in commercial buildings (retail stores, office buildings), industrial facilities (factories, warehouses), infrastructural projects (airports, railway stations), and recreational structures (stadiums, arenas). The growth of the pre-engineered buildings market is influenced by several factors, including burgeoning industrialization coupled with rising investment in infrastructure, growing demand for sustainable lightweight buildings, and rising use of steel and highly recycled content in construction. However, the expansion of PEBs is hindered by the low thermal resistivity of pre-engineered buildings, the high susceptibility of pre-engineered buildings to corrosion, and fluctuations in steel prices. On the other hand, the emerging popularity of pre-engineered buildings toward green development, increasing demand for warehouses with the rise in e-commerce globally, the growing trend for eco-friendly and sustainable building practices, expanding acceptance of modular and hybrid structures, and integration of IoT and smart technology in building management systems presents potential opportunities for the PEBs market.
Regional Insights
The pre-engineered buildings (PEB) market in the Americas, especially in the United States and Canada, is characterized by high demand for cost-effective and time-saving construction solutions. Rising concerns over environmental sustainability have pushed the PEB industry to innovate with green building materials and methods. Initiatives such as the LEED certification by the U.S. Green Building Council highlight this trend. Investment in non-residential construction, influenced by urbanization and industrial development, continues to grow and stimulates market expansion. South America is noticing a trend toward adopting pre-engineered buildings, especially in Brazil and Argentina, driven by economic development and industrialization. EU countries exhibit a cautious approach towards PEBs, emphasizing compliance with stringent building codes and standards. Customers in this region prioritize durability, design flexibility, and environmental impact. Research and development in Europe are often referred to as improving the energy efficiency of buildings and integrating smart building technologies. The PEB market in the Middle East is driven by rapid infrastructural development and industrial diversification efforts. Countries, including Saudi Arabia, UAE, and Qatar, are investing significantly in construction projects for economic growth beyond the oil industry. Africa presents a high-growth potential for the PEB market, considering its infrastructure deficit and ongoing industrialization. The APAC region is witnessing considerable growth in the pre-engineered buildings market, owing to the significant industrialization in India, China, and Japan. The manufacturing sector's expansion and government initiatives for infrastructure development substantially foster the demand for these constructions. Moreover, the need to shorten project timelines drives the adoption of pre-engineered buildings in the region.Market Insights
Market Dynamics
- The market dynamics represent an ever-changing landscape of the Pre-engineered Buildings Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.
Market Drivers
- Burgeoning Industrialization Coupled with Rising Investment in Infrastructure
- Growing Demand for Sustainable Lightweight Buildings
- Rising Use of Steel and Highly Recycled Content in Construction
Market Restraints
- Low Thermal Resistivity of Pre-Engineered Buildings
Market Opportunities
- Emerging Popularity of Pre-Engineered Buildings Toward Green Development
- Growing Demand for Warehouses with Rise in E-Commerce Globally
Market Challenges
- High Susceptibility of Pre-Engineered Buildings to Corrosion
Market Segmentation Analysis
- Structure: Increasing preference for single-story pre-engineered buildings for their quick construction and cost-effectiveness
- Application: Expanding application of pre-engineered buildings in warehouses and industrial facilities to support heavy machinery
Industry Insights
- Market Disruption Analysis
- Porter’s Five Forces Analysis
- Value Chain & Critical Path Analysis
- Pricing Analysis
- Technology Analysis
- Patent Analysis
- Trade Analysis
- Regulatory Framework Analysis
FPNV Positioning Matrix
The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Pre-engineered Buildings Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).Market Share Analysis
The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Pre-engineered Buildings Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.Recent Developments
Ambassador Supply acquires Ideal Steel
Ambassador Supply acquired Ideal Steel, a seasoned pre-engineered steel buildings and components manufacturer. This acquisition, celebrated by both parties, heralds shared values and vision convergence, promising enhanced market influence and novel innovation avenues.EPACK PREFAB constructs pre-engineered facilities for automobile firms
EPACK PREFAB announced the completion of its 3.2 million square feet of pre-engineered industrial facilities worth USD 24.43 million for leading automobile companies in India, including Hero MotoCorp Ltd, ASK Automotive, ACE, Ashok Leyland, SML Isuzu, Honda India Power Products Ltd., JK Tyre & Industries Limited, and JBM.Strategy Analysis & Recommendation
The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Pre-engineered Buildings Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.Key Company Profiles
The report delves into recent significant developments in the Pre-engineered Buildings Market, highlighting leading vendors and their innovative profiles. These include Allied Steel Buildings, Inc., Astron Buildings S.A., Atad Steel Structure Corporation, ATCO Ltd., BlueScope Steel Limited, Cornerstone Building Brands, Inc., Emirates Building Systems Co., LLC, Everest Industries Ltd., Jindal Prefab, John Reid & Sons (Strucsteel) Ltd., Kirby Building Systems, Lloyd Insulations (India) Limited, Mabani Steel LLC, Memaar Building Systems FZC, Norsteel Buildings, Nucor Corporation, PEB Steel Buildings Co., Ltd., Pennar Industries Limited, Phenix Construction Technologies, Qingdao Stable Steel Structure Co., Ltd., Renier Construction Corp., Rigid Global Buildings, LLC., Saxena Marine Tech (P) Ltd., Shandong Jiren Building Materials Co., Ltd., Smith Structures (India) Pvt. Ltd., Steelway Building Systems, Tiger Steel Engineering India, Volta Green Structures, and Zamil Steel Holding Co. Ltd..Market Segmentation & Coverage
This research report categorizes the Pre-engineered Buildings Market to forecast the revenues and analyze trends in each of the following sub-markets:Structure
- Multi-story
- Single-story
Application
- Commercial
- Infrastructure
- Warehouses & Industrial
Region
Americas
- Argentina
- Brazil
- Canada
- Mexico
- United States
- California
- Florida
- Illinois
- New York
- Ohio
- Pennsylvania
- Texas
Asia-Pacific
- Australia
- China
- India
- Indonesia
- Japan
- Malaysia
- Philippines
- Singapore
- South Korea
- Taiwan
- Thailand
- Vietnam
Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom
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- Purchase of this report includes 1 year online access with quarterly updates
- This report can be updated on request. Please contact our Customer Experience team using the Ask a Question widget on our website
Table of Contents
1. Preface
2. Research Methodology
5. Market Insights
6. Pre-engineered Buildings Market, by Structure
7. Pre-engineered Buildings Market, by Application
8. Americas Pre-engineered Buildings Market
9. Asia-Pacific Pre-engineered Buildings Market
10. Europe, Middle East & Africa Pre-engineered Buildings Market
11. Competitive Landscape
12. Competitive Portfolio
List of Figures
List of Tables
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Allied Steel Buildings, Inc.
- Astron Buildings S.A.
- Atad Steel Structure Corporation
- ATCO Ltd.
- BlueScope Steel Limited
- Cornerstone Building Brands, Inc.
- Emirates Building Systems Co., LLC
- Everest Industries Ltd.
- Jindal Prefab
- John Reid & Sons (Strucsteel) Ltd.
- Kirby Building Systems
- Lloyd Insulations (India) Limited
- Mabani Steel LLC
- Memaar Building Systems FZC
- Norsteel Buildings
- Nucor Corporation
- PEB Steel Buildings Co., Ltd.
- Pennar Industries Limited
- Phenix Construction Technologies
- Qingdao Stable Steel Structure Co., Ltd.
- Renier Construction Corp.
- Rigid Global Buildings, LLC.
- Saxena Marine Tech (P) Ltd.
- Shandong Jiren Building Materials Co., Ltd.
- Smith Structures (India) Pvt. Ltd.
- Steelway Building Systems
- Tiger Steel Engineering India
- Volta Green Structures
- Zamil Steel Holding Co. Ltd.
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 186 |
| Published | June 2024 |
| Forecast Period | 2024 - 2030 |
| Estimated Market Value ( USD | $ 18.7 Billion |
| Forecasted Market Value ( USD | $ 34.11 Billion |
| Compound Annual Growth Rate | 10.3% |
| Regions Covered | Global |
