Pre-Engineered Buildings (PEBs) are a type of construction system where a building is designed and fabricated in a factory using pre-determined engineering standards and then assembled on-site. Unlike conventional buildings, where each component is custom-designed on-site, PEBs use standardized components and materials, making them faster and more cost-effective to build.
The pre-engineered buildings market consists of sales, by entities (organizations, sole traders, and partnerships), of structures that are factory-manufactured and then assembled on-site using pre-designed components. These buildings typically feature primary steel frames, secondary structural elements, roof and wall panels, all fabricated in a controlled environment to ensure quality and efficiency.
The global pre-engineered buildings market was valued at $15,921.71 million in 2019 which grew till 2024 at a compound annual growth rate (CAGR) of more than 6.00%.
Rising Investments In Infrastructure Development
During the historic period, the rising investments in infrastructure development supported the growth of the pre-engineered buildings market. As governments and private sectors poured capital into constructing industrial facilities, commercial spaces, and logistics hubs, the demand for faster, cost-effective, and scalable building solutions like pre-engineered buildings (PEBs) rose significantly. These structures offered shorter construction timelines, lower costs, and design flexibility, making them an attractive choice for large-scale infrastructure projects. For instance, in April 2023, according to the World Bank, a US-based international financial institution, infrastructure investments in low- and middle-income countries showed a sustained recovery in 2022. Private participation in infrastructure (PPI) investments surged to $91.7 billion across 263 projects, reflecting a notable 23% increase compared to 2021. Therefore, the rising investments in infrastructure development drove the growth of the pre-engineered buildings market.
Strategic Investments Drive Capacity Expansion And Regional Strengthening
Major companies operating in the pre-engineered buildings market are focusing on strategic investment, to expand manufacturing capacity, strengthen regional presence. The aim is to meet the growing demand for sustainable and cost-efficient construction solutions across key industrial hubs. For instance, in September 2024, Interarch Building Products Ltd, an India-based building material manufacturing company, has invested $0.08 million (₹7 crore) to acquire over 51,000 sq. m of land in Gujarat for a new manufacturing facility. This strategic expansion aims to boost production capacity and meet the rising demand for pre-engineered buildings nationwide. The location in Gujarat strengthens the company's supply chain in Western India, aligning with industrial growth in sectors like renewable energy, semiconductors, and data centers. Interarch already has a strong presence in the region through previous high-profile projects.
The global pre-engineered buildings market is fairly fragmented, with a large number of small players operating in the market. The top ten competitors in the market made up to 18.08% of the total market in 2023.
Pre-Engineered Buildings Global Market Opportunities And Strategies To 2034 from The Business Research Company provides the strategists; marketers and senior management with the critical information they need to assess the global pre-engineered buildings market as it emerges from the COVID-19 shut down.
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Where is the largest and fastest-growing market for pre-engineered buildings? How does the market relate to the overall economy; demography and other similar markets? What forces will shape the market going forward? The pre-engineered buildings market global report from The Business Research Company answers all these questions and many more.
The report covers market characteristics; size and growth; segmentation; regional and country breakdowns; competitive landscape; market shares; trends and strategies for this market. It traces the market's history and forecasts market growth by geography. It places the market within the context of the wider pre-engineered buildings market; and compares it with other markets.
The report covers the following chapters
- Introduction And Market Characteristics- Brief introduction to the segmentations covered in the market, definitions and explanations about the segment by structure, by products, by application and by end user.
- Key Trends- Highlights the major trends shaping the global market. This section also highlights likely future developments in the market.
- Growth Analysis And Strategic Analysis Framework- Analysis on PESTEL, end use industries, market growth rate, global historic (2019-2024) and forecast (2024-2029, 2034F) market values and drivers and restraints that support and control the growth of the market in the historic and forecast periods, forecast growth contributors and total addressable market (TAM).
- Global Market Size And Growth- Global historic (2019-2024) and forecast (2024-2029, 2034F) market values and drivers and restraints that support and control the growth of the market in the historic and forecast periods.
- Regional And Country Analysis- Historic (2019-2024) and forecast (2024-2029, 2034F) market values and growth and market share comparison by region and country.
- Market Segmentation- Contains the market values (2019-2024) (2024-2029, 2034F) and analysis for each segment by structure, by products, by application and by end user in the market. Historic (2019-2024) and forecast (2024-2029) and (2029-2034) market values and growth and market share comparison by region market.
- Regional Market Size And Growth- Regional market size (2024), historic (2019-2024) and forecast (2024-2029, 2034F) market values and growth and market share comparison of countries within the region. This report includes information on all the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa and major countries within each region.
- Competitive Landscape- Details on the competitive landscape of the market, estimated market shares and company profiles of the leading players.
- Other Major And Innovative Companies- Details on the company profiles of other major and innovative companies in the market.
- Competitive Benchmarking- Briefs on the financials comparison between major players in the market.
- Competitive Dashboard- Briefs on competitive dashboard of major players.
- Key Mergers And Acquisitions- Information on recent mergers and acquisitions in the market covered in the report. This section gives key financial details of mergers and acquisitions, which have shaped the market in recent years.
- Recent Developments- Information on recent developments in the market covered in the report.
- Market Opportunities And Strategies- Describes market opportunities and strategies based on findings of the research, with information on growth opportunities across countries, segments and strategies to be followed in those markets.
- Conclusions And Recommendations- This section includes recommendations for pre-engineered buildings providers in terms of product/service offerings geographic expansion, marketing strategies and target groups
- Appendix- This section includes details on the NAICS codes covered, abbreviations and currencies codes used in this report.
Markets Covered:
- 1) By Structure: Single-Story; Multi-Story
- 2) By Products: Walls; Columns And Beams; Roofs And Floors; Other Products
- 3) By Application: Industrial/Manufacturing; Infrastructure; Building
- 4) By End User: Industrial; Commercial; Infrastructure; Residential; Other End User
- Companies Mentioned: BlueScope Steel Limited; Nucor Building Systems; Pennar Industries Limited (PEBS Pennar); EPACK Prefab Technologies Limited; Interarch Building Products Ltd.
- Countries: China; Australia; India; Indonesia; Japan; South Korea; USA; Canada; Brazil; France; Germany; UK; Italy; Spain; Russia
- Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
- Time-series: Five years historic and ten years forecast.
- Data: Ratios of market size and growth to related markets; GDP proportions; expenditure per capita; pre-engineered buildings indicators comparison.
- Data segmentations: Country and regional historic and forecast data; market share of competitors; market segments.
- Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.