(MENAFN- GlobeNewsWire - Nasdaq) The main market opportunities for pre-engineered buildings include capitalizing on growth in the Asia Pacific and South America, focusing on the expanding multi-story, roofs and floors segments, and leveraging demand in industrial, infrastructure, and residential applications. Expanding in China and advancing manufacturing capabilities are key strategies.Dublin, Jan. 21, 2026 (GLOBE NEWSWIRE) -- The "Pre-Engineered Buildings Global Market Opportunities and Strategies to 2034" has been added to ResearchAndMarkets's offering.
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The comprehensive report on the pre-engineered buildings market provides an in-depth analysis of its trajectory from 2019 through to 2034. In the period from 2019 to 2024, the market realized substantial growth, reaching a value of $21.6 billion at a CAGR of 6.30%. Forecasts indicate continued expansion, projecting a growth rate of 9.93% from 2024 to 2029, culminating in a market value of $34.69 billion. This upward trend is expected to persist from 2029 to 2034, with a CAGR of 10.27%, achieving a market size of $56.54 billion.
Market growth has been fueled by factors such as the advent of smart cities, infrastructural investments, and heightened demand in both non-residential and commercial sectors, alongside stringent environmental protocols. However, such factors as material price fluctuations and substantial initial costs presented challenges to market expansion during the historical period.
Heading into the future, the market is poised for robust growth, driven by the burgeoning construction industry, increased demand for modular and green buildings, and a rise in warehousing needs. Nonetheless, challenges such as design limitations for complex structures, skill shortages in labor, and geopolitical trade issues may pose constraints.
Geographically, the Asia Pacific region dominated the market in 2024, capturing 42.50% of the global market share, equivalent to $9.18 billion. It will continue to lead growth, with the Asia Pacific and South America anticipated as the fastest-growing regions, boasting CAGRs of 11.07% and 9.95%, respectively. Africa and Western Europe follow closely behind with projected CAGRs of 9.78% and 9.11%.
The marketplace remains fragmented, with major players accounting for a modest portion of the market. BlueScope Steel Limited commands the largest share at 12.31%, followed by Nucor Building Systems and Pennar Industries Limited. Product-wise, the market is differentiated by structure, products, and application. The single-story structure sustained its predominance, accounting for 91.56% in 2024, whereas multi-story structures are expected to experience the highest growth at a CAGR of 10.15% from 2024 to 2029.
Among product segments, roofs and floors led with 35.86% in 2024 and are projected to grow the fastest at a CAGR of 11.25%. The industrial/manufacturing sector captured the largest share by application and end-user segment, though the infrastructure and residential segments are anticipated to grow rapidly.
Opportunities within the market are expansive, with significant gains expected in the single-story, roofs and floors, and industrial/manufacturing segments. These opportunities are most pronounced in China, poised for a gain of $2.84 billion in market size.
Pivotal market strategies incorporate expanding manufacturing capacities, enhancing operational efficiency, and extending regional reach. Firms are advised to capitalize on emerging markets and tiered pricing strategies, focusing on sectors like infrastructure and residential construction, which present exceptional growth potential.
Report Chapters:
Introduction and Market Characteristics - Overview of segmentations by structure, products, application, and end user. Key Trends - Major global market trends and future developments. Growth Analysis and Strategic Analysis Framework - Insight into market growth rates and strategic frameworks. Regional and Country Analysis - Comparison of historic and forecasted market values and growth by region and country. Market Segmentation - Detailed analysis for each market segment. Competitive Landscape - Profiles of leading market players and their market shares. Market Opportunities and Strategies - Strategies and opportunities informed by research findings. Conclusions and Recommendations - Actionable strategies for providers concerning product offerings, geographic expansion, and marketing.
Market Coverage:
By Structure: Single-Story; Multi-Story By Products: Walls; Columns and Beams; Roofs and Floors; Other Products By Application: Industrial/Manufacturing; Infrastructure; Building By End User: Industrial; Commercial; Infrastructure; Residential; Other End User
Key Attributes:
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