As per this study the Global Pre-Engineered Building Market was valued USD XX MN (by revenue) in 2021 and is anticipated to reach USD XX MN by 2028 with a CAGR of XX%.
A pre-engineered building is a stand-alone building manufactured as per the customer requirements. PEB is manufactured at the factory and then transported and bolted together at the prime location. These are cheap, very fast to erect and can be dismantled and shifted to another location. Mostly they are used for the construction of specialty buildings, warehouse and logistics, institutions and others.
The growing industrialization and urbanization in emerging economies at a rapid pace is driving market growth. Also, the ease of construction at remote locations is further boosting market growth. In addition, benefits offered by PEB includes reduced construction time and cost, the flexibility of expansion, quality control, low maintenance, and architectural versatility are also fuelling the demand in the market. Though, growing technological advancements in the pre-engineered building are expected to spur the opportunity in the forecast period. However, increased corrosion risk and reduced thermal and fire resistivity may hamper market growth.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of pre-engineered building.
The broad pre-engineered building market has been sub-grouped into application. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
- Commercial Building
- Industrial Building
Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for pre-engineered building in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Global Pre-Engineered Building Market Share by Region (Representative Graph)
The report also covers a detailed competitive landscape including company profiles of key players operating in the global market. The key players in the pre-engineered building market includes Astron Buildings, BlueScope Steel, Everest Industries, Interarch Building Products Pvt. Ltd., Jindal Buildsys, Kirby Building Systems, Lloyd Insulations, PEB Steel Buildings Co., Ltd., Tiger Steel Engineering (I) Pvt. Ltd. (TSEIL) and Zamil Steel Pre-Engineered Buildings Co. Ltd.. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.