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    Space Frame Market | Covid-19 Impact Analysis

    Space Frame Market | Covid-19 Impact Analysis

    Space Frame Market | Covid-19 Impact Analysis
    Report code - SRCE233 Delivery - 2 Weeks
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    Space Frame Market Size, Share, Trend, Forecast, & Industry Analysis – 2021-2026 See more...
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    Impact of COVID-19 on Space Frame Market

    Covid-19 has impacted the market dynamics, competition, and global...

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    Impact of COVID-19 on Space Frame Market

    Covid-19 has impacted the market dynamics, competition, and global supply chains. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Space Frame Market Insights

    Space frame market is likely to witness an impressive CAGR of 10.5% during the forecast period. Expanding construction industry across the world and increasing demand for lightweight materials to minimize construction time and cost are the prime factors contributing to the demand for space frames. Increasing demand for new structural forms and rising innovation in building techniques is also one of the key growth factors for the market. The wide range application of space frames in sports arenas, airplane hangars, workshops, transportation terminals, assembly halls, exhibition pavilions, warehouses, and other areas are also expected to drive the demand for space frames in the coming years.

    Space Frame Market – Snapshot

    Growth

    10.5% for the next five years

    Major Material Type

    Steel

    Major Application Type

    Dome Roof

    Region with the Highest Demand

    North America

    Key Players

    DSI Spaceframes, HINDUSTAN ALCOX LIMITED, Octamec, CST Industries, Inc., Xuzhou LF Engineering & Construction Co., Triocon Space Frame Technologies Pvt, Ltd., Delta Structures, Inc., USKON Space Frame System Construction Industry and Commerce Co., Inc., Pillow Space Frame Ltd., and Gossamer Space Frames, LLC

     

    Market Share Analysis

    Space-Frame-Market-Dominant-Segments

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    Space Frame Market Share: By Material Type

    Based on the material type, the market is segmented as steel, aluminum, and metal alloys. The steel segment held the largest share of the market in 2020, whereas the aluminum segment is expected to register the fastest growth during the forecast period. Steel space frames are the ideal choice of material for various commercial buildings, as they provide numerous structural advantages such as durability, rigidity, and robustness over other materials. These advantages are the key factors behind the dominance of the segment of the market.

    Space Frame Market Share: By Application Type

    Based on the application type, the space frame market is segmented as dome roof, skylight, canopy & entry way, roof, atrium, vertical glazed, and others. The dome roof segment held the largest share of the market in 2020, and is expected to register the fastest growth during the forecast period. The dominance of the segment is mainly because dome roofs are widely used in commercial events, and they provide the utmost structural integrity with aesthetic appearance.

    Space Frame Market Share: By Region

    In terms of regions, North America is estimated to be the largest market during the forecast period, with the USA, Canada, and Mexico being the major countries offering lucrative growth opportunities. The growth of the region’s market is mainly driven by the increasing investments in commercial infrastructure and rapidly increasing advanced construction technologies in the region. Further, the presence of huge public infrastructures such as shopping malls, concert halls, and exhibition halls, along with the increasing number of warehouses is likely to drive the market growth in the region.

    Space-Frame-Market-By-Region

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    Some of the major space frame manufacturers are-

    • DSI Spaceframes
    • HINDUSTAN ALCOX LIMITED
    • Octamec
    • CST Industries, Inc.
    • Xuzhou LF Engineering & Construction Co.
    • Triocon Space Frame Technologies Pvt, Ltd.
    • Delta Structures, Inc.
    • USKON Space Frame System Construction Industry and Commerce Co., Inc.
    • Pillow Space Frame Ltd.
    • Gossamer Space Frames, LLC.

     

    Market Scope & Segmentation

    Space frames, every so often known as space structures, are lightweight, inflexible, and truss-like structures that are constructed from interlocking struts in geometric patterns. Space frames are used for covering large areas with least interior supports. They are used in factories, industrial buildings, sports halls, swimming pools, warehouses, conference halls and exhibition centers, stadiums with long span distance, museum and fair houses, shopping centers and malls, airports and canopy, mosque, and atrium.

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    Space Frame Market Research Report – Features

    Market Segmentation

    5

    Regions Covered

    4

    Countries/Sub-Regions Covered

    15

    No. of Figures & Tables

    >150

    Company Profiles

    10

     

    The space frame market is segmented into the following categories. 

    Space Frame Market Size, Share, & Forecast, by Material Type:

    • Steel (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Aluminum (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Metal Alloys (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Space Frame Market Size, Share, & Forecast, by Structure Type:

    • Single Layer (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Double Layer (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Triple Layer (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Space Frame Market Size, Share, & Forecast, by Tube Type:

    • Circular Hollow Section (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Rectangular Hollow Section (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Space Frame Market Size, Share, & Forecast, by Application Type:

    • Dome Roof (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Skylight (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Canopy & Entry Way (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Roof (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Atrium (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Vertical Glazed (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Space Frame Market Size, Share, & Forecast, by Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

    Space-Frame-Market-Segmentation

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    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

     

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

     

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation of any one of the product types by application type.  

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected]


    Frequently Asked Questions (FAQs)

    What will be the growth of Space Frame Market in the foreseeable future?

    The space frame market is expected to witness an impressive growth of 10.5% CAGR in the foreseeable future.

    Who are the key players in the Space Frame Market?

    DSI Spaceframes, HINDUSTAN ALCOX LIMITED, Octamec, CST Industries, Inc., Xuzhou LF Engineering & Construction Co., Triocon Space Frame Technologies Pvt, Ltd., Delta Structures, Inc., USKON Space Frame System Construction Industry and Commerce Co., Inc., Pillow Space Frame Ltd., and Gossamer Space Frames, LLC are among the key players in the space frame market.

    Which region is expected to be the largest Space Frame Market?

    North America is expected to be the largest space frame market during the next five years.

    Which application is expected to register the fastest growth in the Space Frame Market?

    The doom roof segment is expected to register the fastest growth in the space frame market in the coming years.

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