Pre-engineered Building Market Scope
Pre-engineered buildings are generally steel structures, the structural members like columns, roof truss, purlins etc. being pre-fabricated in a factory in accordance with the design specifications and they are created in the site, joined together using bolts. The prefabricated structural members are typically “I” sections. The foundations of these pre-engineered buildings are the conventional concrete foundations to support the lighter super structure and to carry heavy loads. The floor of such buildings is also built of conventional concrete in certain circumstances.
According to AMA, the Global Pre-engineered Building market is expected to see growth rate of 10.7%Leading pre-engineered building players are focusing on strategic partnerships and acquisition to improve their products and services. Also, companies are focusing on increasing their client base to strengthen market position and to enhance product & service offerings. Research Analyst at AMA estimates that Indian Manufacturers will contribute to the maximum growth of Global Pre-engineered Building 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 Manufacturers which are also part of the research are Jindal Buildsys (India) and Lloyd Insulations (India) Limited (India).
Segmentation Overview
The study have segmented the market of Global Pre-engineered Building market by Type (Concrete, Steel Products and Others), by Application (Residential Building, Commercial Building, Industrial Building and Infrastructure Sectors) and Region with country level break-up.
On the basis of geography, the market of Pre-engineered Building 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).
Pre-engineered Building Market Dynamics:
Attributes | Details |
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Growth Drivers | - Rapid Industrialization and Growth in Infrastructural Investment Worldwide
- Rising Demand for Green Buildings
- Increase in the Usage of Steel in Building and Construction Developments
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Influencing Trends | - Growing Number of Smart Cities in Developing Regions
- Rising Need for Reduced Construction Time and Cost and for Lightweight Building Structure
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Restraints | - Lower Thermal Conductivity and Limited Fire Resistance of Pre-Engineered Buildings
- Fluctuating Raw Material Prices
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Road Blocks / Challenges | |
Gaps & Opportunities | - Increasing Population and Rapid Urbanization Led to a Large Number of New Construction Projects
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Market Leaders and their Expansionary Development Strategies
On Feb 20, 2019 - ATCO has announced that it is further diversifying its growing portfolio in Mexico by acquiring a leading modular building manufacturer, which will now operate under the name ATCO Espaciomovil with a 182,000 sq. ft. manufacturing plant and 1,300 modular rental units in operation.
Key Target Audience
Manufacturers of Pre-engineered Buildings, Raw Material Suppliers, Construction Industry, Governmental Bodies and Research Firms
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.