Pre-engineered Building Market was valued at USD 18.19 billion in 2021 and is expected to reach USD 45.03 billion by 2029, registering a CAGR of 12.00% during the forecast period of 2022-2029. The "single-story segment" accounts for the largest structure segment in the pre-engineered building market due to the lower price of single-story buildings and the benefits of large open spaces, easy maintenance, and architectural flexibility. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and climate chain scenario.
The pre-engineered building is basically a type of enclosing system for a structure. It encompasses the structure of the building and the wall covering and roof. It is built by pre-engineered building manufacturers to meet the needs of the client by employing the best-suited raw material inventories. Rigid frames, plate steel, roof beams, and columns make up the structural systems. Reduced construction time, single-source responsibility, energy-efficient roofing and wall systems, architectural variety, cheaper cost, quality control, minimal maintenance, huge clear spans, and expansion flexibility are just a few of its benefits.
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Some of the major players operating in the pre-engineered building market are:
Global Pre-engineered Building Market Scope:
Material