Published by news degree
Posted on August 4, 2021
The global pre-engineered buildings market is forecast to reach USD 29.65 Billion by 2026, according to a new report by Reports and Data. The increasing construction activities across the globe, coupled with the rising population and changing lifestyles are propelling the growth of the market. Rapid urbanization will also drive the demand for pre-engineered buildings during the forecast period. Construction Industry is a booming industry and is expected to remain so with the continuation of the development process, especially in the developing countries.
The pre-engineered buildings are a cost-saving method of construction. For instance, the use of standard seam roofs, instead of membrane-style roofs can significantly reduce the expenses involved. The use of sheeting can also further drive down the cost. As the materials and designs are pre-engineered, erection of the buildings is quicker and more efficient than a conventional structure.
Key participants include
Kirby Building Systems, BlueScope Steel, Zamil Steel, PEB Steel Buildings, Everest Industries, Era Infra, Jindal Buildsys, Interarch Building Products, Multicolor Steels, Lloyd Insulations, SML Group, PEBS Pennar, and Tiger Steel Engineering, among others.
Access Free sample PDF Copy of the Report @ https://www.reportsanddata.com/sample-enquiry-form/1816
Further key findings from the report suggest
Among the materials, steel accounts for the largest market share of ~31% in the year 2018 and is forecasted to grow further with a CAGR of 11.9% during the forecast period. Steel buildings consist of a metal roofing system, supported by a structural steel framing system, and the wall panels of different materials. The walls are generally made from non-load bearing and provide a space free from obstruction by inferior columns. Pre-engineered steel buildings are generally engineered to specific dimensions, taking into account all relevant building regulatory, environmental factors, and potential load issues.
The single-storey structures account for a larger market share of ~59% in the year 2018. Single-storey structures are typically used for factories, workshops, industrial, warehouses, and retail and leisure.
The multi-storey structures are anticipated to witness a higher growth rate of 12.5% during the forecast period. The growth of multi-storey structures is attributed to its demand from the commercial sector. The tangible benefits of multi-storey structures include the ability to provide efficient circulation space, column-free floor spans, integration of building services, and the influence of the site and local access conditions on the construction process.
The Asia Pacific region held the largest market share of ~31% in the year 2018 and is anticipated to witness the highest CAGR of 12.2% during the forecast period. High construction & infrastructure spending in emerging economies, including China and India, are majorly escalating the demand for pre-engineered buildings. Moreover, the growing transportation, logistics, and tourism industries in the region have led to an increased demand for warehouses, power plants, laboratories, restaurants, and others, which positively impacts the market growth.
Request for Custom Research @ https://www.reportsanddata.com/request-customization-form/1816
For this report, Reports and Data have segmented into the global Pre-Engineered Buildings market on the basis of resin type, composite phases, industry vertical, and region:
Building Type Outlook (Volume, Kilo Tons and Revenue, USD Million; 2016-2026)
Single-storey
Multi-storey
Material Outlook (Volume, Kilo Tons and Revenue, USD Million; 2016-2026)
Concrete
Steel
Aluminum
Others
End-User Outlook (Volume, Kilo Tons and Revenue, USD Million; 2016-2026)
Industrial
Commercial
Infrastructure
Residential
Regional Outlook (Volume, Kilo Tons; 2018-2028 and Revenue, USD Million; 2018-2028)
Buy now your Exclusive copy of Report @ https://www.reportsanddata.com/checkout-form/1816
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About Reports and Data
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.
Contact Us:
John W
Head of Business Development
Reports and Data | Web: www.reportsanddata.com
Direct Line: +1-212-710-1370
E-mail: sales@reportsanddata.com
Read Our Innovative Blogs @ https://www.reportsanddata.com/blogs
The post Pre-Engineered Buildings Market Size, Revenue Growth Factors & Trends, Key Player Strategy Analysis, 2016–2026 first appeared on News Degree | Hub for Latest and Trending News from Around the Globe.
The global pre-engineered buildings market is forecast to reach USD 29.65 Billion by 2026, according to a new report by Reports and Data. The increasing construction activities across the globe, coupled with the rising population and changing lifestyles are propelling the growth of the market. Rapid urbanization will also drive the demand for pre-engineered buildings during the forecast period. Construction Industry is a booming industry and is expected to remain so with the continuation of the development process, especially in the developing countries.
The pre-engineered buildings are a cost-saving method of construction. For instance, the use of standard seam roofs, instead of membrane-style roofs can significantly reduce the expenses involved. The use of sheeting can also further drive down the cost. As the materials and designs are pre-engineered, erection of the buildings is quicker and more efficient than a conventional structure.
Key participants include
Kirby Building Systems, BlueScope Steel, Zamil Steel, PEB Steel Buildings, Everest Industries, Era Infra, Jindal Buildsys, Interarch Building Products, Multicolor Steels, Lloyd Insulations, SML Group, PEBS Pennar, and Tiger Steel Engineering, among others.
Access Free sample PDF Copy of the Report @ https://www.reportsanddata.com/sample-enquiry-form/1816
Further key findings from the report suggest
Among the materials, steel accounts for the largest market share of ~31% in the year 2018 and is forecasted to grow further with a CAGR of 11.9% during the forecast period. Steel buildings consist of a metal roofing system, supported by a structural steel framing system, and the wall panels of different materials. The walls are generally made from non-load bearing and provide a space free from obstruction by inferior columns. Pre-engineered steel buildings are generally engineered to specific dimensions, taking into account all relevant building regulatory, environmental factors, and potential load issues.
The single-storey structures account for a larger market share of ~59% in the year 2018. Single-storey structures are typically used for factories, workshops, industrial, warehouses, and retail and leisure.
The multi-storey structures are anticipated to witness a higher growth rate of 12.5% during the forecast period. The growth of multi-storey structures is attributed to its demand from the commercial sector. The tangible benefits of multi-storey structures include the ability to provide efficient circulation space, column-free floor spans, integration of building services, and the influence of the site and local access conditions on the construction process.
The Asia Pacific region held the largest market share of ~31% in the year 2018 and is anticipated to witness the highest CAGR of 12.2% during the forecast period. High construction & infrastructure spending in emerging economies, including China and India, are majorly escalating the demand for pre-engineered buildings. Moreover, the growing transportation, logistics, and tourism industries in the region have led to an increased demand for warehouses, power plants, laboratories, restaurants, and others, which positively impacts the market growth.
Request for Custom Research @ https://www.reportsanddata.com/request-customization-form/1816
For this report, Reports and Data have segmented into the global Pre-Engineered Buildings market on the basis of resin type, composite phases, industry vertical, and region:
Building Type Outlook (Volume, Kilo Tons and Revenue, USD Million; 2016-2026)
Single-storey
Multi-storey
Material Outlook (Volume, Kilo Tons and Revenue, USD Million; 2016-2026)
Concrete
Steel
Aluminum
Others
End-User Outlook (Volume, Kilo Tons and Revenue, USD Million; 2016-2026)
Industrial
Commercial
Infrastructure
Residential
Regional Outlook (Volume, Kilo Tons; 2018-2028 and Revenue, USD Million; 2018-2028)
Buy now your Exclusive copy of Report @ https://www.reportsanddata.com/checkout-form/1816
Have a Look at Related Reports:
Machine Automation Controller Market Size, Share & Analysis, By Controller Type (Distributed Control System (DCS), Programmable Logic Controller (PLC), Industrial PC (IPC)), By Product Type (Analog, Digital), By Form Factor (IP65, IP20, Others), By Application (Oil & Gas, Food & Beverages, Energy & Power, Chemicals, Automotive, Pharmaceuticals, Metals & Mining, Aerospace & Defense, Pulp & Paper, Semiconductors & Electronics, Medical Devices, Others), And By Region Forecast To 2028
Air Quality Monitoring System Market Size, Share & Trends Analysis Report By Product Type (Indoor, Outdoor), By Pollutant (Physical, Chemical), By Component, By End Use (Industrial, Commercial), And Segment Forecast To 2028
Industrial Automation Motion Control Systems Market Size, Share & Analysis, By End-Users (Metallurgical & Manufacturing, Chemical & Materials, Semiconductor & Electronics, Automotive & Aerospace, Food & Beverages), By System Type (Open Loop, Closed Loop), By Component (Actuators & Mechanical Systems, Motors, Motion Controllers, Drives, Sensor & Feedback Devices), And Regions, Forecasts To 2027
Direct Air Carbon Capture Market Size, Share & Analysis, by Application (Industrial Production, Food & Beverage, Oil & Gas, Agriculture, Enhanced Oil Recovery, Others), By Region, Forecast To 2027
Wood Based Panel Market By Product, By Distribution Channel (Offline Stores, Online Stores), And By Application (Packaging, Construction, Furniture), Forecasts To 2027
About Reports and Data
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.
Contact Us:
John W
Head of Business Development
Reports and Data | Web: www.reportsanddata.com
Direct Line: +1-212-710-1370
E-mail: sales@reportsanddata.com
Read Our Innovative Blogs @ https://www.reportsanddata.com/blogs
The post Pre-Engineered Buildings Market Size, Revenue Growth Factors & Trends, Key Player Strategy Analysis, 2016–2026 first appeared on News Degree | Hub for Latest and Trending News from Around the Globe.
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