Pre-engineered Buildings Market is segmented by Structure Type (Single-story and Multi-story), End-Use Industry Type (Warehouses & Industrial, Infrastructure, Commercial, and Others), and Region (North America, Europe, Asia-Pacific, and Rest of the World).
Pre-engineered Buildings Market is segmented by Structure Type (Single-story and Multi-story), End-Use Industry Type (Warehouses & Industrial, Infrastructure, Commercial, and Others), and Region ...
“The Pre-engineered Buildings Market was estimated at US$ 19.07 billion in 2022 and is expected to grow at a CAGR of 11.09% during 2023-2028 to reach US$ 35.86 billion by 2028.”
Pre-engineered Buildings are designed by PEB manufacturers or suppliers to fabricate them by utilizing the best-suited inventory of raw materials available from multiple sources and diverse manufacturing methods that can efficiently address a wide range of aesthetic design and structural requirements.
Pre-engineered Buildings are of different types, such as single-story and multi-story, that are used in various end-use industries, such as warehouses & industrial, infrastructure, and commercial.
Pre-engineered Buildings Market Report Overview
Market Size in 2028
USD 35.86 Billion
Market Size in 2022
USD 19.07 Billion
Market Growth (2023-2028)
11.09%
Forecast Period
2023-2028
Base Year of Study
2022
Trend Period
2017-2021
Market Drivers
The global pre-engineered buildings market is expected to grow significantly in the coming years, driven by several factors, including:
Rising demand for warehousing: Pre-engineered buildings are an ideal choice for warehouse construction due to their quick construction abilities, durability, and cost-effectiveness. Due to the increasing e-commerce trend, there is a rise in warehouses across the globe. For instance, e-commerce giant –Amazon will have at least 355 U.S. warehouses covering 319 million square feet by 2023. Overall increasing warehouses across the globe is expected to drive the pre-engineered buildings market.
Growing industrialization: The increasing industrialization of developing countries is also driving the demand for pre-engineered buildings. These buildings are well-suited for a variety of industrial applications, such as factories, manufacturing plants, and distribution centers. More building constructions will increase the chances of a pre-engineered building market.
Growing sustainability demand: This is one of the reasons that Pre-Engineered Buildings (PEB) are becoming the preferred choice since they can be made with recycled materials, reducing environmental impact.
Segments Analysis
By Structure Type
“The single-story segment dominates the market during the forecast period.”
The market is segmented into single-story and multi-story. The single-story segment held a larger share of the market in 2022 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 that are efficient, offering easy maintenance, and architectural flexibility, support the demand for single-story pre-engineered buildings.
By End-Use Industry Type
“The warehouses & industrial industry segment dominates the market during the forecast period.”
The pre-engineered buildings market is segmented into 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 Analysis
“Asia-Pacific is estimated to be the largest as well as the fastest-growing marketfor pre-engineered buildings during the forecast period.”
China, Japan, India, and Australia are 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.
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Key Players
The market is highly populated with the presence of several local, regional, and global players. Most of the major players compete in some of the governing factors including price, product offerings, regional presence, etc.
The following are the key players in the pre-engineered buildings market (arranged alphabetically).
Note:The above list does not necessarily include all the top players in the market.
Are you the leading player in this market? We would love to include your name. Write to us at sales@stratviewresearch.com
Report Features
This report provides market intelligence most comprehensively. 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.
What Deliverables Will You Get in this Report?
Key questions this report answers
Relevant contents in the report
How big is the sales opportunity?
In-depth analysis of the Pre-engineered Buildings Market
How lucrative is the future?
The market forecast and trend data and emerging trends
Which regions offer the best sales opportunities?
Global, regional, and country-level historical data and forecasts
Which are the most attractive market segments?
Market Segment Analysis and Forecast
Who are the top players and their market positioning?
Porter’s five forces analysis, PEST analysis, Life cycle analysis
What are the factors affecting the market?
Drivers & challenges
Will I get the information on my specific requirements?
10% free customization
Research Methodology
This report offers high-quality insights and is the outcome of a 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 books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data.
We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.
Customization Option
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 three players)
SWOT analysis of key players (up to three players)
Competitive Benchmarking
Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances
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Pre-engineered Buildings are designed by PEB manufacturers or suppliers so as to fabricate them by utilizing the best suited inventory of raw materials available from multiple sources and diverse manufacturing methods that can efficiently address a wide range of aesthetic design and structural requirements. Pre-engineered Buildings are of different types, such single-story and multi-story, that are used in various end-use industries, such as warehouses & industrial, infrastructure, and commercial.
Some of the major players in the market are- ATCO, BlueScope Steel, Everest Industries, Kirby Building Systems, Lindab Group, NCI Building Systems, Nucor Corporation, PEBS Pennar, PEB Steel Buildings and Zamil Steel Holding Company.
The global pre-engineered buildings market is expected to grow significantly in the coming years, driven by several factors, including: 1. Rising demand for warehousing: Pre-engineered buildings are an ideal choice for warehouse construction due to their quick construction abilities, durability, and cost-effectiveness. Due to the increasing e-commerce trend, there is a rise in warehouses across the globe. For instance, e-commerce giant –Amazon will have at least 355 U.S. warehouses covering 319 million square feet by 2023. Overall increasing warehouses across the globe is expected to drive the pre-engineered buildings market. 2. Growing industrialization: The increasing industrialization of developing countries is also driving the demand for pre-engineered buildings. These buildings are well-suited for a variety of industrial applications, such as factories, manufacturing plants, and distribution centers. More building constructions will increase the chances of a pre-engineered building market. 3. Growing sustainability demand – This is one of the reasons that Pre-Engineered Buildings (PEB) are becoming the preferred choice since they can be made with recycled materials, reducing environmental impact.
