Pre-Engineered Building Market Report, Key Drivers, Size, Share | Industry Analysis 2022-2027 – Indian Defence News

2022-06-18 21:15:50 By : Ms. shelly bian

The latest study by IMARC Group, titled “Pre-Engineered Building Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a comprehensive analysis of the industry, which comprises insights on the global pre-engineered building market. The report also includes competitor and regional analysis, and contemporary advancements in the market.

The global pre-engineered building market reached a value of US$ 13.1 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 22.7 Billion by 2027, exhibiting a CAGR of 10.2% during 2022-2027. Pre-engineered building refers to the factory-built frames of steel fabricated in a factory and shipped on-site for assembly. It comprises of a structural arrangement with roof and wall coverings with rigid boundaries made from steel plates, such as beams and columns. The pre-engineered building is commonly used across numerous industries, including office complexes, airplane hangars, distribution centers, shopping centers, hospitals, retail stores, etc. It is efficient and affordable compared to the conventional structure framing options, such as light gauge metal.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

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Important Attribute and highlights of the Report:

Global Pre-Engineered Building Market Trends:

The elevating levels of urbanization are among the key factors bolstering the pre-engineered building market across the globe. Besides this, the growing consumer awareness towards modern off-site construction systems and practices is further augmenting the market growth. Moreover, the expanding usage of steel in construction projects and the escalating demand for lightweight building structures are acting as significant growth-inducing factors. Apart from this, the inflating need for industrial storage spaces and warehouses, owing to the increasing penetration of logistics stores in the retail industry, is positively influencing the global market for pre-engineered building. Additionally, the shifting consumer preferences towards green buildings owing to various benefits, such as reduced labor costs, eco-friendly, low carbon footprints, etc., are further projected to catalyze the pre-engineered building market over the forecasted period.

Explore Full Report with TOC & List of Figures: https://bit.ly/3uRay7Z

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

Key highlights of the Report:

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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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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