Pre-Engineered Buildings Market 2021: Industry Size, Share, Emerging Trends, Future Analysis, Top Companies, Segmentation and Forecast Research
Research Reports
Jan 22, 2021
Pre-engineered Buildings Global Market
Pre-engineered Buildings (PEB) Market is recognized as a versatile technology or construction method that allows promising, cost-effective and affordable construction solutions. Other advantages that PEB offers include low initial cost, low maintenance, and resourceful construction with better quality product. Leverage to today’s fast-paced scenario the concept of PEB has shaped up and evolved pervasively. When it’s time to erect a low-rise building, whether for business or municipal use. The sooner the facility can be built, the sooner it can be put to use, generating income for businesses and value for the community. This key factor is pushing growth of the global Pre-engineered Buildings market.
Acknowledging the kind of traction gained by this market, Market Research Future recently published a study report. According to the report, Pre-engineered Buildings are projected to grow exponentially posting a significant CAGR during 2016 to 2021. Given the benefits of the PEB worldwide governments are taking up initiatives on infrastructure development furthering the market growth.
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Booming e-commerce and logistics sector particularly augments the demand for warehousing and other storage facilities escalating the PUB market growth. One of the key advantages PUB offers include convenience of constructing a building in the size, shape and design suitable for the project without confronting the architectural design challenges and with the assurance of construction building ready to erect piece by piece.
Despite of the wide range of advantages, the PUB industry still faces some challenges like project execution criticalities and lack of manpower with the required technical competencies. Conversely, technological advancements are increasingly providing software that efficiently eases processes helping builders to input design data for the project. More over sustainable, green practices that PUB follows help to get construction permits faster. This factor coupled with the inflations in traditional construction methods presages that Pre-engineered Buildings are here to stay.
Industry – Segmentation
For the convenience of understanding the report, the global Pre-engineered Buildings market is segmented into 3main dynamics.
By Material: Steel, Aluminium and others.
By End-Use: Commercial (offices & showrooms), Industrial (factories & warehouses), and Infrastructure (bridges, airport hangers and railway platforms).
By Regions: North America, Europe, APAC, and Rest of the World.
Worldwide Competitive Outlook
Characterized by the presence of well-established and small players, the global PEB market is highly competitive. Well established players engage in acquisitions, collaborations, and technological launches in order to capture shares and maintain their status. The majority of PEB companies have in-house R&D facilities to develop quality products. There lies a vast opportunity to expand & grow for the industry players in developing economies due to the low penetration of PEB. Solution lies in creating awareness about the advantages of PEB construction method.
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Pre-engineered Buildings – Regional Analysis
APAC dominates the Global pre-engineered buildings market with its fast growing market worldwide. It will expand at a good CAGR over the forecast period. The region is expected to show rapid economic and infrastructural growth. With lot of investments in the regions of China and India, the construction sector is growing. The inflow of foreign investment in India further augments the market for pre-engineered building.
Table of Content
1 Executive Summary
2 Scope of the Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Definition
2.2.2 Research Objective
2.2.3 Assumptions
2.2.4 Limitations
2.3 Research Process
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model
3 Market Landscape
3.1 Porter’s Five Forces Analysis
3.1.1 Threat Of New Entrants
3.1.2 Bargaining Power Of Buyers
3.1.3 Threat Of Substitutes
3.1.4 Segment Rivalry
3.1.5 Bargaining Power Of Buyers
3.2 Value Chain/Supply Chain Analysis
4 Market Dynamics
4.1 Introduction
4.2 Market Drivers
4.3 Market Restraints
4.4 Market Opportunities
5 Global Pre-Engineered Buildings Market, by Material
5.1 Introduction
5.2 Steel
5.2.1 Market Estimates & Forecast, 2019-2025
5.2.2 Market Estimates & Forecast, By Region, 2019-2025
5.3 Aluminium
5.3.1 Market Estimates & Forecast, 2019-2025
5.3.2 Market Estimates & Forecast, By Region, 2019-2025
5.4 Others
5.4.1 Market Estimates & Forecast, 2019-2025
5.4.2 Market Estimates & Forecast, By Region, 2019-2025
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