The report on the Pre-engineered Buildings Market is segmented by Structure Type (Single-story and Multi-story), by End-Use Industry Type (Warehouses & Industrial, Infrastructure, Commercial, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).
Market Insights
Pre-engineered Buildings market is likely to witness an impressive CAGR of 10.5% during the forecast period. The prime factor that is contributing to the demand for pre-engineered buildings is the rapidly growing industrialization and urbanization in developing countries such as India, China, and Brazil.
Key players
Some of the major players operating in the global Pre-engineered Buildings Market are-
ATCO
BlueScope Steel
Everest Industries
Kirby Building Systems
Lindab Group
NCI Building Systems
Nucor Corporation
PEBS Pennar
PEB Steel Buildings
Zamil Steel Holding Company
Report Features
The report provides critical insights into the market dynamics that enables strategic decision making that is critical to the growth of the existing players as well as those planning to enter the market. This report offers an improvised approach to consolidate the growth decisions by covering the following features -
Market structure - as it reflects the value chain of different commodities in the market.
Drivers and Constraints - as both can affect any element of the marketing mix - product, budget, and place, etc.
Market Forecast - a part of the decision-making process. This helps users with facts regarding projected sales dimensions, costs, market shares, and other areas of planning.
Competitive landscape and dynamics: The user can determine the strengths and gaps. The information mentioned here will work towards enhancing the brand's strategy.
Growth strategies - allowing a small business to survive unexpected changes, and to grow into a bigger entity, and gain a greater competitive advantage.
Segments' Analysis
By Structure Type
Based on the structure type, the market is segmented as single-story and multi-story. The single-story segment held the larger share of the market in 2020, and is expected to remain dominant during the forecast period. The infrastructural, logistics, and industrial construction investments are driving the growth of this segment. Furthermore, the lower price of single-story buildings and the benefits of creating large open spaces which are efficient, offering easy maintenance, architectural flexibility, support the demand for single-story pre-engineered buildings.
By End-Use Industry Type
Based on the end-use industry type, the pre-engineered buildings market is segmented as warehouses & industrial, infrastructure, and commercial. The warehouses & industrial industry segment dominates the market. Further, the manufacturing, logistics, and e-commerce sectors are propelling the growth of the segment during the forecast period.
Regional Trends
In terms of regions, Asia-Pacific is estimated to be the largest as well as the fastest-growing market for pre-engineered buildings during the forecast period, with China, Japan, India, and Australia being the major countries with lucrative growth opportunities. The growth of the market is driven by the growth of various end-use industries, such as warehouses & industrial, infrastructure, and commercial, which is generating huge demand for pre-engineered buildings and the presence of a large number of pre-engineered building manufacturers in the Asia-Pacific region. North America and Europe are also expected to offer substantial growth opportunities during the forecast period.
Critical Questions Answered in the Report
What are the key trends in the global Pre-engineered Buildings Market?
How the market (and its various sub-segments) has grown in the last five years and what would be the growth rate in next five years?
What is the impact of COVID-19 on global Pre-engineered Buildings Market?
What are the key strategies adopted by the major vendors to lead in the global Pre-engineered Buildings Market?
What is the market share of the top vendors?
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