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Prefabricated Building and Structural Steel Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024

Prefabricated building comprises of factory-made units or components that are transported and assembled on the construction site to form the complete building. One of the major benefits of prefabricated buildings is the saving of time and cost. Moreover, prefabrication eliminates the need for skilled workers to be present on the construction site, where they often face restricting conditions such as a lack of power and water, exposure to harsh weather conditions or hazardous environments. Structural steel, on the other hand, is a category of steel construction materials that is produced with a particular cross section or shape, wherein the prefabricated parts are installed. According to IMARC Group’s latest report, titled “Prefabricated Building and Structural Steel Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the global prefabricated building market reached a value of US$ 109.8 Billion in 2018, whereas the structural steel market reached a value of US$ 99.2 Billion in 2018.

Global Prefabricated Building And Structural Steel Market Report

Growing acceptance and awareness regarding the advantages of prefabricated building and structural steel, such as flexibility, energy efficiency and faster completion represents the key factor driving the market. Additionally, advancements in the construction industry and upsurge in infrastructural activities have propelled the demand for prefabricated building and structural steel globally. Moreover, the shifting focus towards waste management and minimizing emissions, and increasing adoption of green building practices have encouraged the concept of prefabricated construction. Further, the increasing use of this construction technique in smart cities has provided a thrust to the market. Owing to these factors, the market for prefabricated buildings is expected to reach a value of US$ 130.3 Billion by 2024, exhibiting a CAGR of 2.9% during 2019-2024. On the other hand, the global structural steel market is expected to reach US$ 119.8 Billion by 2024, exhibiting a CAGR of 3.2% during 2019-2024.

The global prefabricated building market is segmented on the basis of product type into floors and roofs, walls, staircase, panels and lintels, and others. Based on the applications, the residential sector accounts for the largest share, followed by the institutional, commercial, and industrial sectors. Region-wise, North America represents the largest region, holding the largest share. Other major regions include Asia Pacific, Europe, Middle East and Africa (MEA), and Latin America.

The global structural steel market is segmented on the basis of product type including H-type beam, columns, I-type beam, and angles. Based on applications, the institutional sector represents the largest segment, followed by the residential, commercial and industrial sectors. Region-wise, Asia Pacific is the largest market, followed by Europe, North America, Middle East and Africa (MEA), and Latin America.

This report provides a deep insight into the global prefabricated building and structural steel market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the prefabricated building and structural steel industry in any manner.

Key Questions Answered in This Report:

  • How has the global prefabricated building and structural steel market performed so far and how will it perform in the coming years?
  • What are the key regions in the global prefabricated building and structural steel market?
  • What are the key application segments in the global prefabricated building and structural steel market?
  • Which are the popular product types in the global prefabricated building and structural steel market?
  • What are the price trends of prefabricated building and structural steel?
  • What are the various stages in the value chain of the global prefabricated building and structural steel market?
  • What are the key driving factors and challenges in the global prefabricated building and structural steel market?
  • What is the structure of the global prefabricated building and structural steel market and who are the key players?
  • What is the degree of competition in the global prefabricated building and structural steel market?

1   Preface
2   Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3   Executive Summary
4   Introduction

    4.1    Overview
    4.2    Key Industry Trends
5   Global Prefabricated Building Market
    5.1    Market Overview
    5.2    Market Performance
        5.2.1    Volume Trends
        5.2.2    Value Trends
    5.3    Price Structure Analysis
        5.3.1    Key Price Indicators 
        5.3.2    Price Structure
        5.3.3    Price Trends
    5.4    Market Breakup by Component
    5.5    Market Breakup by Material Type
    5.6    Market Breakup by Region
    5.7    Market Breakup by End Use
    5.8    Market Forecast
6   Global Structural Steel Market
    6.1    Market Overview
    6.2    Market Performance
        6.2.1    Volume Trends
        6.2.2    Value Trends
    6.3    Price Structure Analysis
        6.3.1    Key Price Indicators 
        6.3.2    Price Structure
        6.3.3    Price Trends
    6.4    Market Breakup by Component
    6.5    Market Breakup by Region
    6.6    Market Breakup by End Use
    6.7    Market Forecast
7   Global Prefabricated Building Market: Performance by Component
    7.1    Floors and Roofs
        7.1.1    Market Trends
        7.1.2    Market Forecast
    7.2    Walls
        7.2.1    Market Trends
        7.2.2    Market Forecast
    7.3    Staircase
        7.3.1    Market Trends
        7.3.2    Market Forecast
    7.4    Panels and Lintels
        7.4.1    Market Trends
        7.4.2    Market Forecast
    7.5    Others
        7.5.1    Market Trends
        7.5.2    Market Forecast
8   Global Structural Steel Market: Performance by Component
    8.1    H-Type Beam
        8.1.1    Market Trends
        8.1.2    Market Forecast
    8.2    Columns
        8.2.1    Market Trends
        8.2.2    Market Forecast
    8.3    I-Type Beam
        8.3.1    Market Trends
        8.3.2    Market Forecast
    8.4    Angles
        8.4.1    Market Trends
        8.4.2    Market Forecast
    8.5    Others
        8.5.1    Market Trends
        8.5.2    Market Forecast
9   Global Prefabricated Building and Structural Steel Market: Performance by End-Use Sector
    9.1    Residential
        9.1.1    Market Trends
        9.1.2    Market Forecast
    9.2    Institutional
        9.2.1    Market Trends
        9.2.2    Market Forecast
    9.3    Commercial
        9.3.1    Market Trends
        9.3.2    Market Forecast
    9.4    Industrial
        9.4.1    Market Trends
        9.4.2    Market Forecast
10  Global Prefabricated Building and Structural Steel Market: Performance by Region
    10.1    Asia Pacific
        10.1.1    Market Trends
        10.1.2    Market Forecast
    10.2    North America
        10.2.1    Market Trends
        10.2.2    Market Forecast
    10.3    Europe
        10.3.1    Market Trends
        10.3.2    Market Forecast
    10.4    Middle East and Africa
        10.4.1    Market Trends
        10.4.2    Market Forecast
    10.5    Latin America
        10.5.1    Market Trends
        10.5.2    Market Forecast
11  SWOT Analysis
    11.1    Overview
    11.2    Strengths
    11.3    Weaknesses
    11.4    Opportunities
    11.5    Threats
12  Value Chain Analysis
13  Porters Five Forces Analysis

    13.1    Overview
    13.2    Bargaining Power of Buyers
    13.3    Bargaining Power of Suppliers
    13.4    Degree of Competition
    13.5    Threat of New Entrants
    13.6    Threat of Substitutes
14  Competitive Landscape
    14.1    Market Structure
    14.2    Key Players
        14.2.1    Prefabricated Building Industry
        14.2.2    Structural Steel Industry
15  Key Player Profiles

List of Figures

Figure 1: Global: Prefabricated Building and Structural Steel Market: Major Drivers and Challenges
Figure 2: Global: Prefabricated Building Market: Volume Trends (in Million Units), 2011-2018
Figure 3: Global: Prefabricated Building Market: Value Trends (in Billion US$), 2011-2018
Figure 4: Global: Prefabricated Building Market: Average Price Trends (in US$/Unit), 2011-2018
Figure 5: Global: Prefabricated Building Market: Price Structure Analysis (in %), 2018
Figure 6: Global: Prefabricated Building Market: Breakup by Component (in %), 2018
Figure 7: Global: Prefabricated Building Market: Breakup by Region (in %), 2018
Figure 8: Global: Prefabricated Building Market: Breakup by End-Use Sector (in %), 2018
Figure 9: Global: Prefabricated Building Market Forecast: Volume Trends (in Million Units), 2019-2024
Figure 10: Global: Prefabricated Building Market Forecast: Value Trends (in Billion US$), 2019-2024
Figure 11: Global: Structural Steel Market: Volume Trends (in Million Tons), 2011-2018
Figure 12: Global: Structural Steel Market: Value Trends (in Billion US$), 2011-2018
Figure 13: Global: Structural Steel Market: Average Price Trends (in US$/Ton), 2011-2018
Figure 14: Global: Structural Steel Market: Price Structure Analysis (in %), 2018
Figure 15: Global: Structural Steel Market: Breakup by Component (in %), 2018
Figure 16: Global: Structural Steel Market: Breakup by Region (in %), 2018
Figure 17: Global: Structural Steel Market: Breakup by End-Use Sector (in %), 2018
Figure 18: Global: Structural Steel Market Forecast: Volume Trends (in Million Tons), 2019-2024
Figure 19: Global: Structural Steel Market Forecast: Value Trends (in Billion US$), 2019-2024
Figure 20: Global: Prefabricated Building (Floors and Roofs) Market: Value Trends (in Million US$), 2011-2018
Figure 21: Global: Prefabricated Building (Floors and Roofs) Market Forecast: Value Trends (in Million US$), 2019-2024
Figure 22: Global: Prefabricated Building (Walls) Market: Value Trends (in Million US$), 2011-2018
Figure 23: Global: Prefabricated Building (Walls) Market Forecast: Value Trends (in Million US$), 2019-2024
Figure 24: Global: Prefabricated Building (Staircase) Market: Value Trends (in Million US$), 2011-2018
Figure 25: Global: Prefabricated Building (Staircase) Market Forecast: Value Trends (in Million US$), 2019-2024
Figure 26: Global: Prefabricated Building (Panels and Lintels) Market: Value Trends (in Million US$), 2011-2018
Figure 27: Global: Prefabricated Building (Panels and Lintels) Market Forecast: Value Trends (in Million US$), 2019-2024
Figure 28: Global: Prefabricated Building (Other Components) Market: Value Trends (in Million US$), 2011-2018
Figure 29: Global: Prefabricated Building (Other Components) Market Forecast: Value Trends (in Million US$), 2019-2024
Figure 30: Global: Structural Steel (H-Type Beam) Market: Value Trends (in Million US$), 2011-2018
Figure 31: Global: Structural Steel (H-Type Beam) Market Forecast: Value Trends (in Million US$), 2019-2024
Figure 32: Global: Structural Steel (Columns) Market: Value Trends (in Million US$), 2011-2018
Figure 33: Global: Structural Steel (Columns) Market Forecast: Value Trends (in Million US$), 2019-2024
Figure 34: Global: Structural Steel (I-Type Beam) Market: Value Trends (in Million US$), 2011-2018
Figure 35: Global: Structural Steel (I-Type Beam) Market Forecast: Value Trends (in Million US$), 2019-2024
Figure 36: Global: Structural Steel (Angles) Market: Value Trends (in Million US$), 2011-2018
Figure 37: Global: Structural Steel (Angles) Market Forecast: Value Trends (in Million US$), 2019-2024
Figure 38: Global: Structural Steel (Other Components) Market: Value Trends (in Million US$), 2011-2018
Figure 39: Global: Structural Steel (Other Components) Market Forecast: Value Trends (in Million US$), 2019-2024
Figure 40: Global: Prefabricated Building and Structural Steel (Residential Application) Market: Value Trends (in Million US$), 2011-2018
Figure 41: Global: Prefabricated Building and Structural Steel (Residential Application) Market Forecast: Value Trends (in Million US$), 2019-2024
Figure 42: Global: Prefabricated Building and Structural Steel (Institutional Application) Market: Value Trends (in Million US$), 2011-2018
Figure 43: Global: Prefabricated Building and Structural Steel (Institutional Application) Market Forecast: Value Trends (in Million US$), 2019-2024
Figure 44: Global: Prefabricated Building and Structural Steel (Commercial Application) Market: Value Trends (in Million US$), 2011-2018
Figure 45: Global: Prefabricated Building and Structural Steel (Commercial Application) Market Forecast: Value Trends (in Million US$), 2019-2024
Figure 46: Global: Prefabricated Building and Structural Steel (Industrial Application) Market: Value Trends (in Million US$), 2011-2018
Figure 47: Global: Prefabricated Building and Structural Steel (Industrial Application) Market Forecast: Value Trends (in Million US$), 2019-2024
Figure 48: Asia Pacific: Prefabricated Building ad Structural Steel Market: Value Trends (in Million US$), 2011-2018
Figure 49: Asia Pacific: Prefabricated Building ad Structural Steel Market Forecast: Value Trends (in Million US$), 2019-2024
Figure 50: North America: Prefabricated Building ad Structural Steel Market: Value Trends (in Million US$), 2011-2018
Figure 51: North America: Prefabricated Building ad Structural Steel Market Forecast: Value Trends (in Million US$), 2019-2024
Figure 52: Europe: Prefabricated Building ad Structural Steel Market: Value Trends (in Million US$), 2011-2018
Figure 53: Europe: Prefabricated Building ad Structural Steel Market Forecast: Value Trends (in Million US$), 2019-2024
Figure 54: Middle East and Africa: Prefabricated Building ad Structural Steel Market: Value Trends (in Million US$), 2011-2018
Figure 55: Middle East and Africa: Prefabricated Building ad Structural Steel Market Forecast: Value Trends (in Million US$), 2019-2024
Figure 56: Latin America: Prefabricated Building ad Structural Steel Market: Value Trends (in Million US$), 2011-2018
Figure 57: Latin America: Prefabricated Building ad Structural Steel Market Forecast: Value Trends (in Million US$), 2019-2024
Figure 58: Global: Prefabricated Building and Structural Steel Industry: SWOT Analysis
Figure 59: Global: Prefabricated Building and Structural Steel Industry: Value Chain Analysis
Figure 60: Global: Prefabricated Building and Structural Steel Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: Global: Prefabricated Building Market: Key Industry Highlights, 2018 and 2024
Table 2: Global: Structural Steel Market: Key Industry Highlights, 2018 and 2024
Table 3: Global: Prefabricated Building Market Forecast: Breakup by Component (in Million US$), 2019-2024
Table 4: Global: Structural Steel Market Forecast: Breakup by Components(in Million US$), 2019-2024
Table 5: Global: Prefabricated Building and Structural Steel Market Forecast: Breakup by End-Use Sector (in Million US$), 2019-2024
Table 6: Global: Prefabricated Building and Structural Steel Market Forecast: Breakup by Region(in Million US$), 2019-2024
Table 7: Global: Prefabricated Building and Structural Steel Market: Competitive Structure
Table 8: Global: Prefabricated Building Market: Key Players
Table 9: Global: Structural Steel Market: Key Players

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