Pre-engineered Buildings Market by Structure (Single-story, Multi-story), Application (Warehouses & industrial, Infrastructure, Commercial), & Region (North America, Asia Pacific, Europe, South America, Middle East & Africa) - Global Forecast to 2024
Updated on : January 14, 2023
The global pre-engineered building market was valued at USD 14.5 billion in 2019 and is projected to reach USD 25.0 billion by 2024, growing at a cagr 11.5% from 2019 to 2024. Factors such as the increasing demand for green buildings and need for reducing construction time and cost, along with the demand for lightweight building structure, drive the pre-engineered buildings market.
The single-story segment is projected to dominate the global pre-engineered buildings market through 2024
The single-story segment is accounted for the largest market share during the forecast period. The demand for single-story pre-engineered buildings is driven by infrastructural, logistics, and industrial construction investments. Growth in new types of non-residential construction, such as healthcare, education, recreational and social infrastructure, and retail is also fueling the demand for single-story pre-engineered buildings. Furthermore, the lower price of single-story buildings and the benefits of creating large open spaces which are efficient, has easy maintenance, and has architectural flexibility, support the demand for single-story pre-engineered buildings.
The warehouses & industrial segment is projected to grow at the highest CAGR in the pre-engineered buildings market during the forecast period
The warehouses & industrial segment is projected to grow at the highest CAGR during the forecast period. This is attributed to the growth in the manufacturing, logistics, and e-commerce sectors. Growth in these sectors generates the demand for factories, production plants, R&D centers, warehouses, and distribution centers, thereby supporting the pre-engineered buildings market growth. The infrastructure segment is projected to register the second-highest growth, owing to the infrastructural investments leading to the demand for metro stations’ sheds, airport hangers, airport terminal buildings, shipyards, highways and footbridges, and railway platform sheds.
The Asia Pacific pre-engineered buildings market is projected to register the highest CAGR during the forecast period
Asia Pacific accounted for the largest share in 2018 and is also projected to record the highest growth rate during the forecast period. The growth in the Asia Pacific region can be attributed to the increasing demand for pre-engineered buildings from the growing non-residential construction and infrastructural development in the region. The major demand for pre-engineered buildings in the region is contributed by India and China, owing to the growing population, economic growth, government investments, and demand for low-cost green buildings. Furthermore, foreign investors are setting up their factories and distribution centers in the developing countries of Asia Pacific owing to cheap labor, trade liberalization, and favorable government policies, further boosting the pre-engineered buildings market growth. This acts as an opportunity for the pre-engineered buildings manufacturers and suppliers.
Key Market Players
The key players operating in the pre-engineered buildings market include BlueScope Steel (Australia), NCI Building Systems (US), Nucor Corporation (US), 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).
Nucor Corporation’s (US) strong business portfolio, coupled with its focus on innovative technologies, contributes to its significant position in the pre-engineered buildings market. Its strong foothold boosts its market position globally. The company continues to target opportunities in emerging countries, such as India and China, to take advantage of the rising disposable income of consumers in these potential economies.
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Scope of the Report
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Report Metric |
Details |
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Market size available for years |
2017-2024 |
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Base year considered |
2018 |
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Forecast period |
2019-2024 |
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Forecast units |
Value (USD) and Volume (Million Square Feet) |
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Segments covered |
Structure, Application, and Region |
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Geographies covered |
North America, Asia Pacific, Europe, South America, and the Middle East & Africa |
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Companies covered |
BlueScope Steel (Australia), NCI Building Systems (US), Nucor Corporation (US), 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). |
This research report categorizes the pre-engineered buildings market based on structure, application, and region.
On the basis of structure the pre-engineered buildings market has been categorized as follows:
- Single-story
- Multi-storey
On the basis of application, the pre-engineered buildings market has been categorized as follows:
- Warehouses & industrial
- Commercial
- Infrastructure
- Others (education, schools, churches, exhibition halls, healthcare, recreation infrastructure)
On the basis of region, the pre-engineered buildings market has been categorized as follows:
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- South America
Recent Developments
- In March 2019, Nucor Corporation has planned to expand its steel plate production capacity by building a steel plate mill in Brandenburg, KY, US. The company has planned an investment of USD 1.35 billion in the mill. This mill has a planned production capacity of 1.2 million tons of steel products per annum. This is expected to strengthen the company’s steel plate product portfolio, which is further expected to support its pre-engineered buildings production, as steel plates are used as a raw material to manufacture pre-engineered buildings.
- In August 2017, Zamil Steel Pre-engineered Building Company signed a contract with Agility Kuwait to build four air-conditioned warehouses in Mina Abdullah, Kuwait. This contract was valued at USD 6.7 million. Under this contract, the company would provide 4,600 metric tons of pre-engineered steel buildings and over 100,000 square meters of sandwich panels.
- In February 2016, Everest Industries built a 4.5 lac sq. ft. exhibition center, India Exposition Mart, in Greater Noida, India. This project was completed in 180 days and was valued at USD 5.22 million. This product launch is expected to enhance the company’s product portfolio.
Key Questions addressed by the report
- Which regions offer immense opportunities in the pre-engineered buildings market?
- What are the upcoming industry trends for pre-engineered buildings?
- What are the high-growth segments in the pre-engineered buildings market?
- What are the factors driving the growth of the market?
- What is the competitive scenario in pre-engineered buildings market?
To speak to our analyst for a discussion on the above findings, click Speak to Analyst
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Table of Contents
1 Introduction (Page No. - 15)
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Periodization Considered
1.4 Currency Considered
1.5 Unit Considered
1.6 Stakeholders
2 Research Methodology (Page No. - 19)
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Breakdown of Primaries
2.2 Market Size Estimation
2.3 Data Triangulation
2.4 Research Assumptions & Limitations
2.4.1 Assumptions
2.4.2 Limitations
3 Executive Summary (Page No. - 26)
4 Premium Insights (Page No. - 29)
4.1 Developing Economies to Register High Growth in the Pre-Engineered Buildings Market
4.2 Pre-Engineered Buildings Market, By Structure
4.3 Pre-Engineered Buildings Market, By Application
4.4 Pre-Engineered Buildings Market, By Region and Structure
4.5 Pre-Engineered Buildings Market, By Country
5 Market Overview (Page No. - 32)
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Rapid Industrialization and Growth in Infrastructural Investment
5.2.1.2 Increasing Demand for Green Buildings
5.2.1.3 Increase in the Use of Steel in Building and Construction Projects
5.2.1.4 Need for Reduced Construction Time and Cost and for Lightweight Building Structure
5.2.2 Restraints
5.2.2.1 Vulnerability to Corrosion, Lower thermal Conductivity, and Limited Fire Resistance of Pre-Engineered Buildings
5.2.3 Opportunities
5.2.3.1 Increase in Population and Rapid Urbanization Translating Into A Large Number of New Construction Projects
5.2.4 Challenges
5.2.4.1 Fluctuation in Raw Material Prices
5.2.4.2 Lack of Skilled Manpower and Awareness
6 Pre-Engineered Buildings Market, By Structure (Page No. - 38)
6.1 Introduction
6.2 Single-Story
6.2.1 Single-Story Segment to Be the Largest Segment of the Pre-Engineered Buildings Market
6.3 Multi-Story
6.3.1 Multi-Story Pre-Engineered Buildings Have Higher Penetration in the Developed Countries
7 Pre-Engineered Buildings Market, By Application (Page No. - 42)
7.1 Introduction
7.2 Warehouses & Industrial
7.2.1 Warehouses & Industrial Application to Be the Leading Application in the Pre-Engineered Buildings Market
7.3 Infrastructure
7.3.1 The Increase in Public and Private Investments in the Infrastructural Sector is Fueling the Demand for Pre-Engineered Buildings in Infrastructural Application
7.4 Commercial
7.4.1 The Commercial Segment is Projected to Record the Second-Highest Growth Rate During the Forecast Period
7.5 Others
7.5.1 The Others Segment is Projected to Record the Lowest Growth Rate During the Forecast Period
8 Pre-Engineered Buildings Market, By Region (Page No. - 46)
8.1 Introduction
8.2 Asia Pacific
8.2.1 China
8.2.1.1 China is the Second-Largest Country-Level Market for Pre-Engineered Buildings, Globally
8.2.2 India
8.2.2.1 India to Be the Fastest-Growing Market for Pre-Engineered Buildings in Asia Pacific
8.2.3 Australia
8.2.3.1 The Growth of the Non-Residential Construction Industry is Driving the Pre-Engineered Buildings Market in Australia
8.2.4 Japan
8.2.4.1 Demand for Shorter Construction Time, Reduced Construction Cost, and Increasing Demand for Sustainable Buildings are Driving the Japanese PEB Market
8.2.5 Rest of Asia Pacific
8.2.5.1 Rise in Income Levels, Rapid Urbanization, and Trade Liberalization Drive the Pre-Engineered Buildings Market in Rest of Asia Pacific
8.3 North America
8.3.1 US
8.3.1.1 US to Be the Largest Country-Level Market for Pre-Engineered Buildings, Globally
8.3.2 Canada
8.3.2.1 The Canadian Pre-Engineered Buildings Market is Characterized By Increase in the Use of Steel in Construction
8.3.3 Mexico
8.3.3.1 Favorable Government Policies Support the Construction Industry, Which Is, in Turn, Driving the Mexican Pre-Engineered Buildings Market Growth
8.4 Europe
8.4.1 Germany
8.4.1.1 Germany is Projected to Be the Largest Market for Pre-Engineered Buildings in Europe Through 2024
8.4.2 UK
8.4.2.1 The UK is Projected to Be the Fastest- Growing Market for Pre-Engineered Buildings in Europe During the Forecast Period
8.4.3 France
8.4.3.1 France has Attracted Foreign Investors Due to Its Economic Dynamism, Industrial Hubs, High Labor Productivity, and the Presence of Big International Companies
8.4.4 Italy
8.4.4.1 Cost-Effective and Time-Saving Construction Methods Boost the Adoption and Growth of Pre-Engineered Buildings in Italy
8.4.5 Russia
8.4.5.1 Growth in the Russian Pre-Engineered Buildings Market is Supported By Public and Private Investments in the Construction Industry and Urban Development
8.4.6 Rest of Europe
8.4.6.1 Rest of Europe is Projected to Grow at A Higher Rate During the Forecast Period
8.5 Middle East & Africa
8.5.1 Saudi Arabia
8.5.1.1 Saudi Arabia to Account for the Largest Share in the Middle East & Africa Pre-Engineered Buildings Market Through 2024
8.5.2 UAE
8.5.2.1 The Growth of Pre-Engineered Buildings in the UAE is Driven By their Usage in the Residential, Hospitality, and Retail Sectors
8.5.3 Turkey
8.5.3.1 Growth of the Non-Residential Construction Industry to Boost the Demand for Pre-Engineered Buildings in Turkey
8.5.4 South Africa
8.5.4.1 Favorable Trade Policies and the Demand for Sustainable Buildings Drive the Pre-Engineered Buildings Market in South Africa
8.5.5 Rest of the Middle East & Africa
8.5.5.1 Rest of Middle East & Africa Accounted for the Third-Largest Share in the Middle East & Africa Pre-Engineered Buildings Market in 2018
8.6 South America
8.6.1 Brazil
8.6.1.1 Brazil to Account for the Largest Share in the South American Pre-Engineered Buildings Market
8.6.2 Argentina
8.6.2.1 The Availability of Raw Materials, Low Labor Costs, and Ease of Accessibility Attract Foreign Investors to Set Up their Factories and Warehouses in Argentina
8.6.3 Rest of South America
8.6.3.1 Rest of South America to Show Growth Prospects in the Demand for Pre-Engineered Buildings
9 Competitive Landscape (Page No. - 92)
9.1 Overview
9.2 Market Ranking
9.3 Competitive Scenario
9.3.1 Contracts/Orders/Project Developments
9.3.2 Expansions and Divestiture
9.3.3 Acquisitions
9.3.4 New Product Developments
10 Company Profiles (Page No. - 97)
10.1 Bluescope
10.2 Zamil Steel Holding Company
10.3 Kirby Building Systems
10.4 Nucor Corporation
10.5 NCI Building Systems
10.6 Lindab Group
10.7 Everest Industries
10.8 PEB Steel
10.9 PEBS Pennar
10.10 ATCO
10.11 Other Players
10.11.1 Atad Steel Structure Corporation
10.11.2 Memaar Building Systems
10.11.3 Norsteel Buildings
10.11.4 John Reid & Sons (Strucsteel)
10.11.5 Rigid Global Buildings
10.11.6 Metal Building Manufacturers Inc.
10.11.7 Mabani Steel
10.11.8 Steelway Building Systems
10.11.9 Tiger Steel Engineering India (Tseil)
10.11.10 Emirates Building Systems
10.11.11 Phenix Construction Technologies
10.11.12 Allied Steel Buildings
10.11.13 SML Group
10.11.14 Octamec Group
10.11.15 Jindal Buildsys
11 Appendix (Page No. - 121)
11.1 Discussion Guide
11.2 Knowledge Store: Marketsandmarkets Subscription Portal
11.3 Available Customizations
11.4 Related Reports
11.5 Author Details
List of Tables (86 Tables)
Table 1 USD Conversion Rates, 2016–2018
Table 2 Asia Pacific Urbanization Trend, 1990–2050
Table 3 Pre-Engineered Buildings Market Size, By Structure, 2017–2024 (USD Million)
Table 4 Pre-Engineered Buildings Market Size, By Structure, 2017–2024 (Million Square Feet)
Table 5 Pre-Engineered Buildings Market Size, By Application, 2017–2024 (USD Million)
Table 6 Pre-Engineered Buildings Market Size, By Application, 2017–2024 (Million Square Feet)
Table 7 Pre-Engineered Buildings Market Size, By Region, 2017–2024 (USD Million)
Table 8 Pre-Engineered Buildings Market Size, By Region, 2017–2024 (Million Square Feet)
Table 9 Asia Pacific: Pre-Engineered Buildings Market Size, By Country, 2017–2024 (USD Million)
Table 10 Asia Pacific: Pre-Engineered Buildings Market Size, By Country, 2017–2024 (Million Square Feet)
Table 11 Asia Pacific: Pre-Engineered Buildings Market Size, By Structure, 2017–2024 (USD Million)
Table 12 Asia Pacific: Pre-Engineered Buildings Market Size, By Structure, 2017–2024 (Million Square Feet)
Table 13 Asia Pacific: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (USD Million)
Table 14 Asia Pacific: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (Million Square Feet)
Table 15 China: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (USD Million)
Table 16 China: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (Million Square Feet)
Table 17 India: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (USD Million)
Table 18 India: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (Million Square Feet)
Table 19 Australia: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (USD Million)
Table 20 Australia: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (Million Square Feet)
Table 21 Japan: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (USD Million)
Table 22 Japan: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (Million Square Feet)
Table 23 Rest of Asia Pacific: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (USD Million)
Table 24 Asia Pacific: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (Million Square Feet)
Table 25 North America: Pre-Engineered Buildings Market Size, By Country, 2017–2024 (USD Million)
Table 26 North America: Pre-Engineered Buildings Market Size, By Country, 2017–2024 (Million Square Feet)
Table 27 North America: Pre-Engineered Buildings Market Size, By Structure, 2017–2024 (USD Million)
Table 28 North America: Pre-Engineered Buildings Market Size, By Structure, 2017–2024 (Million Square Feet)
Table 29 North America: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (USD Million)
Table 30 North America: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (Million Square Feet)
Table 31 US: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (USD Million)
Table 32 US: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (Million Square Feet)
Table 33 Canada: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (USD Million)
Table 34 Canada: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (Million Square Feet)
Table 35 Mexico: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (USD Million)
Table 36 Mexico: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (Million Square Feet)
Table 37 Europe: Pre-Engineered Buildings Market Size, By Country, 2017–2024 (USD Million)
Table 38 Europe: Pre-Engineered Buildings Market Size, By Country, 2017–2024 (Million Square Feet)
Table 39 Europe: Pre-Engineered Buildings Market Size, By Structure, 2017–2024 (USD Million)
Table 40 Europe: Pre-Engineered Buildings Market Size, By Structure, 2017–2024 (Million Square Feet)
Table 41 Europe: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (USD Million)
Table 42 Europe: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (Million Square Feet)
Table 43 Germany: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (USD Million)
Table 44 Germany: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (Million Square Feet)
Table 45 UK: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (USD Million)
Table 46 UK: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (Million Square Feet)
Table 47 France: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (USD Million)
Table 48 France: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (Million Square Feet)
Table 49 Italy: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (USD Million)
Table 50 Italy: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (Million Square Feet)
Table 51 Russia: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (USD Million)
Table 52 Russia: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (Million Square Feet)
Table 53 Rest of Europe: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (USD Million)
Table 54 Rest of Europe: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (Million Square Feet)
Table 55 Middle East & Africa: Pre-Engineered Buildings Market Size, By Country, 2017–2024 (USD Million)
Table 56 Middle East & Africa: Pre-Engineered Buildings Market Size, By Country, 2017–2024 (Million Square Feet)
Table 57 Middle East & Africa: Pre-Engineered Buildings Market Size, By Structure, 2017–2024 (USD Million)
Table 58 Middle East & Africa: Pre-Engineered Buildings Market Size, By Structure, 2017–2024 (Million Square Feet)
Table 59 Middle East & Africa: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (USD Million)
Table 60 Middle East & Africa: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (Million Square Feet)
Table 61 Saudi Arabia: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (USD Million)
Table 62 Saudi Arabia: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (Million Square Feet)
Table 63 UAE: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (USD Million)
Table 64 UAE: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (Million Square Feet)
Table 65 Turkey: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (USD Million)
Table 66 Turkey: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (Million Square Feet)
Table 67 South Africa: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (USD Million)
Table 68 South Africa: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (Million Square Feet)
Table 69 Rest of the Middle East & Africa: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (USD Million)
Table 70 Rest of the Middle East & Africa: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (Million Square Feet)
Table 71 South America: Pre-Engineered Buildings Market Size, By Country, 2017–2024 (USD Million)
Table 72 South America: Pre-Engineered Buildings Market Size, By Country, 2017–2024 (Million Square Feet)
Table 73 South America: Pre-Engineered Buildings Market Size, By Structure, 2017–2024 (USD Million)
Table 74 South America: Pre-Engineered Buildings Market Size, By Structure, 2017–2024 (Million Square Feet)
Table 75 South America: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (USD Million)
Table 76 South America: Pre-Engineered Buildings Market Size, By Application , 2017–2024 (Million Square Feet)
Table 77 Brazil: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (USD Million)
Table 78 Brazil: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (Million Square Feet)
Table 79 Argentina: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (USD Million)
Table 80 Argentina: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (Million Square Feet)
Table 81 Rest of South America: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (USD Million)
Table 82 Rest of South America: Pre-Engineered Buildings Market Size, By Application, 2017–2024 (Million Square Feet)
Table 83 Contracts/Orders/Project Developments, 2017-2019
Table 84 Expansions and Divestiture, 2018-2019
Table 85 Acquisitions, 2017
Table 86 New Product Developments, 2016
List of Figures (27 Figures)
Figure 1 Pre-Engineered Buildings Market Segmentation
Figure 2 Pre-Engineered Buildings Market: Research Design
Figure 3 Market Size Estimation Methodology: Bottom-Up Approach
Figure 4 Market Size Estimation Methodology: Top-Down Approach
Figure 5 Pre-Engineered Buildings Market: Data Triangulation
Figure 6 Single-Story Segment Accounted for A Larger Market Share
Figure 7 Warehouses & Industrial to Be the Fastest-Growing Application of Pre-Engineered Buildings
Figure 8 Asia Pacific Was the Largest Pre-Engineered Buildings Market in 2018
Figure 9 Rapid Industrialization and Growth in Infrastructure Investment to Drive the Pre-Engineered Buildings Market
Figure 10 Single-Story Segment to Grow at A Higher Rate During the Forecast Period, in Terms of Volume
Figure 11 Warehouses & Industrial Segment to Dominate the Pre-Engineered Buildings Market Through 2024, in Terms of Volume
Figure 12 Asia Pacific and the Single-Story Segment Led the Pre-Engineered Buildings Market in 2018, in Terms of Volume
Figure 13 India to Register the Highest Cagr During the Forecast Period
Figure 14 Pre-Engineered Buildings Market Dynamics
Figure 15 Percentage Share of the Demand for Steel, By Region (2017)
Figure 16 Pre-Engineered Buildings Market Size, By Structure, 2019 vs. 2024 (USD Million)
Figure 17 Pre-Engineered Buildings Market Size, By Application, 2019 vs. 2024 (USD Million)
Figure 18 Geographic Snapshot (2019–2024): India is Projected to Register the Highest Growth Rate
Figure 19 Asia Pacific Pre-Engineered Buildings Market Snapshot
Figure 20 Asia Pacific Pre-Engineered Buildings Market: Key Countries (2018)
Figure 21 Market Ranking of Key Players, 2018
Figure 23 Zamil Steel Holding Company: Company Snapshot
Figure 24 Nucor Corporation: Company Snapshot
Figure 25 NCI Building Systems: Company Snapshot
Figure 26 Lindab Group: Company Snapshot
Figure 27 Everest Industries: Company Snapshot
The study involved four major activities for estimating the current market size for pre-engineered buildings. Exhaustive secondary research was done to collect information on the market, the peer market, and the parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both the top-down and bottom-up approaches were employed to estimate the complete market size. Thereafter, market breakdown and data triangulation were used to estimate the market size of segments and subsegments.
Secondary Research
In the secondary research process, various secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dun & Bradstreet were referred to, so as to identify and collect information for this study. These secondary sources included annual reports, press releases & investor presentations of companies, white papers, certified publications, articles by recognized authors, metal building associations, regulatory bodies, trade directories, and databases.
Primary Research
Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information. The primary sources from the supply side include industry experts such as CEOs, vice presidents, marketing directors, sales professionals, and related key executives from various key companies and organizations operating in the pre-engineered buildings market. The primary sources from the demand side include key executives from the end-user industries of pre-engineered buildings.
Below is the breakdown of primary respondents:
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Market Size Estimation
Both the top-down and bottom-up approaches were used to estimate and validate the total size of the global pre-engineered buildings market. These approaches were also used extensively to estimate the size of various dependent subsegments in the market. The research methodology used to estimate the market size includes the following details:
- The key players were identified through extensive secondary research.
- The industry’s supply chain and market size, in terms of value, were determined through primary and secondary research processes.
- All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.
Data Triangulation
After arriving at the overall market size from the estimation process explained above, the total market was split into several segments and subsegments. In order to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments, the data triangulation and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides.
Research Objectives
- To define, analyze, and project the size of the global pre-engineered buildings market in terms of structure, application, and region
- To project the size of the market and its subsegments, in terms of value and volume, with respect to the five main regions, namely, North America, Europe, Asia Pacific, the Middle East & Africa, and South America
- To provide detailed information about the key factors such as drivers, restraints, opportunities, and industry-specific challenges influencing the market growth
- To strategically analyze micromarkets with respect to individual growth trends, future prospects, and their contribution to the total market
- To analyze opportunities in the market for stakeholders and provide details of a competitive landscape of the market leaders
- To analyze competitive developments such as contracts/orders, new product developments, new project developments, divestitures, acquisitions, and expansions in the pre-engineered buildings market
- To strategically profile the key players and comprehensively analyze their market share and core competencies
Available Customizations
With the given market data, MarketsandMarkets offers customizations according to client-specific needs.
The following customization options are available for the pre-engineered buildings report:
Product Analysis
- Product Matrix, which offers a detailed comparison of product portfolio of each company
Regional Analysis
- Further analysis of the pre-engineered buildings market for additional countries
Company Information
- Detailed analysis and profiling of additional market players (up to five)
Growth opportunities and latent adjacency in Pre-engineered Buildings Market