Saudi Arabia Prefabricated Building And Structural Steel Market To Hit USD 2,585.0 Million By 2033, Growing At 3.73% CAGR

(MENAFN- IMARC Group) Saudi Arabia prefabricated building and structural steel market size reached USD 1,827.5 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 2,585.0 Million by 2033, exhibiting a growth rate (CAGR) of 3.73% during 2025-2033. The prefabricated building and structural steel market in Saudi Arabia is experiencing significant growth, driven by growing urban housing demand, substantial government investments in mega-projects like Vision 2030, NEOM City, and technological advancements in construction methods including BIM, automation, and 3D printing.

Key Highlights

• Market size (2024): USD 1,827.5 million
• Forecast (2033): USD 2,585.0 million
• CAGR (2025–2033): 3.73%
• Growing urban housing demand and substantial government mega-project investments driving market expansion
• Strategic focus on mega-projects like NEOM, Jeddah Waterfront, and smart city developments
• Key companies operating in the Saudi Arabia prefabricated building and structural steel market include Saudi Building Systems Mfg. Co., Red Sea Housing Services, Kirby Building Systems, and Zamil Steel Pre-Engineered Buildings Co. Ltd.

How Is AI Transforming the Prefabricated Building and Structural Steel Market in Saudi Arabia?

• BIM and AI Integration : AI-powered Building Information Modeling (BIM) systems automate design processes, provide real-time analytics, and optimize construction workflows, with Saudi BIM integrating AI to predict construction risks and suggest optimal design methods.
• Smart Manufacturing Systems : AI-driven quality controls and factory robotics are becoming standard in volumetric and panel production, with CHEC's 200,000 sqm modular facility in Riyadh employing robotics and digital technologies for the Sedra housing project.
• Automated Construction Monitoring : AI enables real-time monitoring of construction sites to detect safety incidents and worker behavior, reducing accidents and improving quality control in prefabricated building assembly.
• Predictive Analytics for Mega-Projects : AI algorithms optimize resource management and project schedules for large-scale developments like NEOM's smart city infrastructure, enabling faster completion without compromising quality standards.
• Digital Twin Technology : Advanced AI-driven digital twins create virtual replicas of prefabricated structures, enabling predictive maintenance and performance optimization throughout the building lifecycle in Saudi Arabia's harsh climate conditions.

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Saudi Arabia Prefabricated Building and Structural Steel Market Trends and Drivers

• Vision 2030 Mega-Projects: Government investments in NEOM, Jeddah Waterfront, Entertainment City, and smart city developments requiring innovative construction methods
• Technological Advancements: Integration of automated manufacturing, 3D printing, and BIM transforming design and production methods with enhanced accuracy and quality control
• Educational and Healthcare Infrastructure: Growing demand from PPP initiatives including 60 public schools in Medina and healthcare facility developments requiring rapid, cost-effective solutions
• Economic Diversification Plans: $2.66 billion investment in 18 new logistics zones as part of establishing Saudi Arabia as a global logistics center driving construction demand
• Urban Housing Development: Rapid urbanization and expatriate population growth creating demand for efficient, cost-effective residential construction solutions
• Cost-Effectiveness Focus: Rising construction costs driving adoption of prefabricated solutions offering enhanced material control, reduced waste, and lower labor expenses

Saudi Arabia Prefabricated Building and Structural Steel Industry Segmentation:

The report has segmented the market into the following categories:

Breakup by Component – Prefabricated Building:

• Floors and Roof
• Walls
• Staircase
• Panels and Lintels
• Others

Breakup by Component – Structural Steel:

• H-type Beam
• I-type Beam
• Columns
• Angles
• Others

Breakup by End Use:

• Residential
• Institutional
• Commercial
• Industrial

Breakup by Region:

• Northern and Central Region
• Western Region
• Eastern Region
• Southern Region

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Recent News and Developments in Saudi Arabia Prefabricated Building and Structural Steel Market

• August 2025: China Harbour Engineering Company (CHEC) inaugurated a 200,000 sqm modular production facility in Riyadh utilizing robotics and digital technologies to support the Sedra housing project by Roshn, demonstrating advanced prefabrication capabilities under Vision 2030.
• July 2025: Tilal Real Estate unveiled the $1.6 billion 'Heart of Khobar' smart city initiative in the Eastern Province, covering 268,000 sqm with multifunctional developments incorporating cutting-edge prefabrication methods and structural steel solutions.
• June 2025: The completion of Saudi Arabia's Wave 2 Public-Private Partnership Education initiative established 60 public schools in Medina, showcasing the effectiveness of prefabricated construction methods in meeting large-scale, time-critical educational infrastructure requirements.

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