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Pre-engineered Building Market Share, Size, Trends, & Industry Analysis Report [By Product (Steel Structure, Concrete Structure, Civil Structure, Others); By End-User (Residential, Commercial, Industrial, Infrastructure, Others) By Region]: Segment Forecast, 2019 – 2026

  • Published Date: May 2019
  • Pages: 120
  • Format: PDF
  • Report ID: PM1625
  • Base Year: 2018
  • Historical Data: 2015-2017

Report Summary

The global pre-engineered building market size was estimated to be worth USD 11.2 billion in 2018 and is anticipated to grow at a CAGR of 13.9% during the forecast period. Pre-engineered buildings are manufactured in factories, and are then shipped to site and assembled together. Pre-engineered buildings are usually used for development of industrial buildings and warehouses.

This building solution offers features such as high quality, versatility, sustainability, strength, durability and lower lifetime costs. The applications of pre-engineered metal building system include industrial applications such as complex industrial facilities, warehouses and distribution centers. It is also used in retail stores, shopping centers, motels, auto dealerships, office complexes, airplane hangars, sports and entertainment arenas.

Global Pre-engineered Building Market

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Segment Analysis

The global Pre-engineered Building market is segmented on the basis of product, end-user, and region. Based on product, the market is segmented into steel structure, concrete structure, civil structure, and others.

On the basis of end-user, the pre-engineered building industry is segmented into residential, commercial, industrial, infrastructure, and others. The industrial segment accounted for the highest share in the global pre-engineered building industry owing to increasing urbanization, industrialization, and growing need for cost and time efficient construction solutions.

Pre-Engineered Building Market Report Scope

By Product

By End-User

By Region

  • Steel Structure
  • Concrete Structure
  • Civil Structure
  • Others
  • Residential
  • Commercial
  • Infrastructure
  • Industrial
  • North America (U.S., Canada, Mexico)
  • Europe (Germany, UK, France, Italy)
  • Asia Pacific (China, India, Japan)
  • Latin America (Brazil)
  • Middle East & Africa

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The increasing construction of new structures, renovation, and remodeling of existing buildings primarily drives the growth of the market. The rising demand for warehouses owing to increasing penetration of e-commerce and logistics further support the market growth. The significant growth in population along with growing urbanization and industrialization supplements the market growth. The ease of construction offered by pre-engineered buildings, and growing construction of commercial and public building infrastructures further augments industry growth. The growing number of e-retailers in the market, decreased building time and costs associated with pre-engineered building, and increasing investments in the market accelerates the pre-engineered building market development. The growing trend towards green buildings and use of sustainable building material increases the adoption of pre-engineered building solutions. Growing demand from emerging economies, and growth in industrial, automotive, and agriculture industries is expected to provide numerous growth opportunities in the coming years.

Regional Analysis

This report comprises a detailed geographic distribution of the market across North America, Europe, Asia-Pacific, Latin America, and MEA. North America is further segmented into U.S., Canada, and Mexico. Europe is divided into Germany, UK, Italy, France, and Rest of Europe. Asia-Pacific is bifurcated into China, India, Japan, and Rest of Asia-Pacific. Asia-Pacific accounted for the largest share in the global Pre-engineered Building market in 2018. The increasing population, urbanization, industrialization, and growing government investment in development of infrastructure in the region supports the market growth.

Competitive Landscape

The leading players in the pre-engineered building market include Kirby Building Systems, Zamil Steel, BlueScope Steel, PEB Steel Buildings, Everest Industries, SML Group, Tiger Steel Engineering, Interarch Building Products, Lloyd Insulations, Era Infra, Multicolor Steels, and Smith Structures. These leading players in the market are introducing affordable products in the industry to cater to the consumers. Global players are entering new markets in developing regions to expand their customer base and strengthen market presence.

Key Take-Away
Polaris Market Research
Pre-engineered Building Market Size & Share Global Report, 2019 – 2026