Pre-engineered Buildings Market Scope
Pre-Engineered Buildings Are The Factory Made Building Structures That Are Shipped To The Site Of The Construction And Bolted Together. They Are Ideally Suited For The Industrial Buildings And Warehouses. They Are Cheaper, Quick To Erect, And Can Also Be Dismantled And Moved To Another Site. With The Usage Of The Pre-Engineered Buildings, Great Speed Can Be Achieved Because While The Foundations And Floor Slab Are Constructed, The Beams And Columns - The Structural System – Can Be Fabricated In The Factory. As Soon As the Foundations and Floor Are Completed, the Columns Can Be Shipped To the Site, Lifted Into Place by Cranes, and Bolted Together
According to AMA, the Global Pre-engineered Buildings market is expected to see growth rate of 11.25%The Market for the Pre-Engineered Buildings is Fragmented with the Presence of Many Global as well as Regional Players. Leading Players Can Adopt Strategies Like as a Merger, Acquisition, Expansion, New Product Launches, in Order to Gain Share Within the Market. Owing to Booming Industrialization, there are Growing Prospects for the New Players to Enter the Market Research Analyst at AMA estimates that United States and Asian Vendors will contribute to the maximum growth of Global Pre-engineered Buildings market throughout the predicted period.
Bluescope Steel (Australia), NCI Building Systems (United States), Nucor Corporation (United States), 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) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Interarch Building Products (India), Jindal Buildsys Limited (India), Era Infra Limited (India), Lloyd Insulations (India) Limited (India), Multicolor Steels (India) Pvt Ltd (India), PEBS Pennar (India), Mabati Rolling Mills Ltd (Kenya), SML Group (China), Smith Structures (India), Tiger Steel Engineering (India) and Kamdhenu Limited (India).
Segmentation Overview
The study have segmented the market of Global Pre-engineered Buildings market by Type (Prefabricated Steel Structure Construction and Prefabricated Reinforced Concrete Construction), by Application (Commercial, Industrial, Household and Others) and Region with country level break-up.
On the basis of geography, the market of Pre-engineered Buildings has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Influencing Trend:
Government Promotion for the Construction of the Green Building Constructions using Pre-Engineered Building Materials for Curbing the Greenhouse Effect
Market Growth Drivers:
Need for Reduction in the Construction Time, Cost, Architectural Versatility, Expansion Flexibility, and Low Maintenance in Emerging Economies Like India, China, and Brazil Owing to Growth in Population and Rapid Urbanization and The Surging Demand for the Construction of the Production Plants, Factories, Distribution Centres, Warehouses, Airport Hangers, Airport Terminal Buildings,and Shipyards
Challenges:
Unavailability of the Skilled Workers in Many Locations Worldwide may pose a Challenge and Some Characteristics of the Pre-Engineered Buildings Like Less Fire Resistance, Thermal Resistivity, and Susceptibility to Corrosion May Be the Hindrance for the Market Expansion
Restraints:
Fluctuating Prices of Steel may limit the Market Penetration
Opportunities:
There is An Increased Demand for Pre-Engineered Buildings to cater to the Expansion of Buildings like Shopping Malls, Resorts, Food Chains, Restaurants, and Retail Chains in Cities Owing To the Rise in the Per Capita Income of the People
On 27 August 2019, Mabati Rolling Mills Ltd (MRM) Launched ‘SAFBUILD’, a Pre-Engineered Steel Building (PEB) Solution Made from Galvanized-Steel with ‘C’ And ‘Z’-Shaped Structural Portal Frames for Constructing Buildings like Warehouse, Manufacturing/Industrial Buildings, Agro/Food -Processing Units, Market Sheds, Chicken Sheds, Workshops, Parings, Churches, Schools / Colleges, and Garages
Key Target Audience
Manufacturers of Pre-Engineered Buildings, Distributors/Traders, Importers/Exporters, Investors, Regulatory and Government Bodies, Downstream Vendors, Up-Stream Vendors and Others
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.