Global Pre-Engineered Building Market to Grow at 8.48% During 2025-2033, Spurred by Increasing Off-Site Construction Activities

November 19, 2024 | Chemical & Materials

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According to the latest study by IMARC Group, titled “Pre-Engineered Building Market Report by Product (Concrete Structure, Steel Structure, Civil Structure, and Others), End-User (Industrial Sector, Commercial Sector, Infrastructure Sector, Residential Sector), and Region 2025-2033”, the global pre-engineered building market size reached USD 17.1 Billion in 2024. Pre-engineered buildings are engineered at factories and are further assembled at site. They are made up of primary steel frames, secondary structural elements, roof, wall panels and bolts which are manufactured at the factory. These frames are then cut to the exact size and bolted together to be transported to the site for assembling. These buildings are cheap to construct, fast to erect and can be easily dismantled. They not only minimize the time required for construction but also need little to no maintenance. This makes them an ideal solution for industrial and warehouse purposes. These structures can also be reused by moving them to a different location. Consequently, these buildings are widely utilized in the construction of distribution centers, retail stores, motels, sports arenas and office complexes.

Global Pre-Engineered Building Market Trends:

A significant increase in off-site construction activities is one of the major factors driving the growth of the pre-engineered building market. Since these buildings are constructed under controlled conditions, their production reduces labor costs and provides shorter build time. Moreover, the thriving e-commerce industry is continually boosting the demand for warehouses and storehouses. This, along with rapid industrialization in both the emerging and developed countries, is catalyzing the growth of the market. Furthermore, rising environmental concerns have led a majority of the population to make a shift toward eco-friendly and energy efficient technologies. The advent of pre-engineered green buildings is expected to further create a positive outlook for the market. On account of the aforementioned factors, Looking forward, the market value is projected to reach USD 32.8 Billion by 2033, expanding at a CAGR of 8.48% during 2025-2033.

Market Summary:

On the basis of the product, the market has been divided into concrete structure, steel structure, civil structure and others. Amongst these, steel structure represents the most preferred segment.
Based on the end-user, the industrial sector holds the dominant market share, exhibiting a clear dominance in the market. Other major segments include commercial sector, infrastructure sector and residential sector.
On the geographical front, Asia Pacific holds the leading position in the market, accounting for a majority of the total market share. Other major regions include Europe, North America, Middle East and Africa, and Latin America.
The competitive landscape of the market has also been analyzed with the detailed profiles of the key players operating in the market. These include BlueScope Steel, Era Infra, Everest Industries, Interarch Building Products, Jindal Buildsys, Kirby Building Systems, Lloyd Insulations, PEB Steel Buildings, Tiger Steel Engineering, Zamil Steel and Nucor.

Report Coverage:

Report Features	Details
Base Year of the Analysis	2024
Historical Period	2019-2024
Forecast Period	2025-2033
Units	Billion USD
Segment Coverage	Product, End-User, Region
Region Covered	Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Companies Covered	BlueScope Steel, Era Infra, Everest Industries, Interarch Building Products, Jindal Buildsys, Kirby Building Systems, Lloyd Insulations, PEB Steel Buildings, Tiger Steel Engineering, Zamil Steel and Nucor
Customization Scope	10% Free Customization
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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Global Pre-Engineered Building Market to Grow at 8.48% During 2025-2033, Spurred by Increasing Off-Site Construction Activities

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