Government efforts encouraging energy efficiency and catastrophe resilience, strict building standards, and surge in demand for affordable and sustainable construction solutions are fueling the North America pre-engineered steel building market size.
The building sector is mostly responsible for global energy consumption and carbon emissions. Governments in North America are therefore framing policies to encourage the use of green building techniques and materials.
Eco-friendly qualities of pre-engineered steel, such as its high recyclability, less waste creation during construction, and smaller carbon footprint when compared to conventional building materials, are driving market progress. Furthermore, government tax breaks, grants, and subsidies for environment-friendly construction projects promotes market expansion.
Manufacturers in the market collaborate and partner with different companies to expand their product portfolio and global reach and keep their businesses growing across regions.
The pre-engineered steel building market comprises a diverse field of steel products crucial for load-bearing applications in construction. These sections, characterized by their relatively small cross-sectional dimensions compared to heavy structural steel, are integral to providing strength and stability to buildings, bridges, and industrial structures.
The need for scalable and reasonably priced building solutions in North America is being fueled by programs aimed at promoting cheap housing, rapid urbanization, and technological advancements. The market for pre-engineered steel building continues to grow steadily across residential, commercial, and industrial construction sectors in the region.
| Attribute | Detail |
|---|---|
| Drivers |
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Pre-engineered steel building are typically 20%-30% cheaper than conventional building methods, owing to their efficient design, mass production, and quick installation.
This cost advantage is supported by the fact that pre-engineered buildings (PEBs) utilize standardized components, which reduces material waste and labor costs. These buildings are not only quicker to erect but also more affordable, making them highly attractive for commercial and industrial applications where reducing project timelines and costs is crucial
In industrial building projects, time is a crucial component. Pre-engineered steel building components can be swiftly built on-site after being prefabricated off-site, greatly cutting down on construction time.
Companies are able to satisfy rising demand or take advantage of market possibilities by expanding their facilities and starting operations sooner thanks to this quick speed of building.
Because pre-engineered steel buildings have a high strength-to-weight ratio, they are the best option for industrial structures that need strong structural support without being overly heavy.
This feature makes it possible to maximize the amount of useable floor area and storage capacity in warehouses and manufacturing facilities by creating vast, open spaces.
The need for pre-engineered steel buildings in construction projects is fueled by the large infrastructure expenditures in areas that are rapidly industrializing or acting as important logistical centers. All these factors are expected to boost the North America pre-engineered steel building market demand during the forecast period.
Green construction techniques and sustainability are having a huge impact on PEB uptake. In keeping with the rise in emphasis on ecologically responsible construction techniques, these structures can be constructed for energy efficiency; they frequently employ recycled materials and generate minimal construction waste.
Modern design and engineering technology have improved PEB construction's accuracy, customizability, and efficiency. Examples include sophisticated building design software and digital project management systems. The steel used in PEBs is highly recyclable, reducing the environmental impact of construction and demolition.
Additionally, PEBs can be designed with energy-efficient features, such as insulation and natural lighting, which can lead to lower operating costs and a reduced carbon footprint.
The goal of sustainable infrastructure is to reduce greenhouse gas emissions and energy use throughout the course of a building's and infrastructure's lifetime. Pre-engineered steel buildings can accommodate creative designs that maximize natural lighting, ventilation, and heating & cooling systems; they help reduce energy use as well.
The latest North America pre-engineered steel building market trends include renewable energy technology such as wind turbines and solar panels that can be installed atop steel structures, which is a major factor boosting the demand for light section steel globally.
According to the North America pre-engineered steel building market report, the construction industry continues to evolve, with a shift toward modular and prefabricated building methods.
PEBs, which can be prefabricated off-site and assembled quickly, are becoming highly attractive for various applications, including residential, commercial, and industrial projects. This shift is driven by the need for faster construction times, reduced labor costs, and minimal on-site disruption.
The e-commerce boom has led to a surge in need for distribution centers and warehouses in North America. Companies such as Amazon and Walmart are continuously expanding their logistics infrastructure to meet the growing consumer demand.
PEBs are ideal for these applications due to their ability to provide large, unobstructed spaces and the flexibility to expand as needed. This trend is expected to offer lucrative North America pre-engineered steel building market opportunities.
Furthermore, government investments in infrastructure development, including transportation hubs, public buildings, and utility structures, are on the rise. PEBs are increasingly being used in these projects due to their durability, cost-effectiveness, and ease of construction.
| Attribute | Detail |
|---|---|
| Leading Country | The U.S. |
As per the latest North America pre-engineered steel building market forecast, the U.S dominates the landscape. Robust demand for industrial and commercial infrastructure, driven by the nation's dynamic economic environment, is fueling market dynamics.
The U.S. construction industry benefits from advanced technologies and innovative building practices, such as off-site construction and Building Information Modeling (BIM), which enhances efficiency and reduces costs.
According to the North America pre-engineered steel building market report, majority of companies are spending significantly on expanding their presence, primarily in prominent areas of the region. Product launch is a key strategy adopted by key players operating in the market.
Al Jaber Steel Co., Al Mana Group, FRAMECAD Limited, Scottsdale Construction Systems Ltd., The Steel Network (TSN), Aegis Metal Framing LLC, ClarkDietrich Building Systems, JFE Steel Corporation, Nippon Steel Corporation, and ArcelorMittal are the prominent North America pre-engineered steel building market manufacturers.
Each of these players have been profiled in the North America pre-engineered steel building market research report based on parameters such as company overview, financial overview, business strategies, product portfolio, business segments, and recent developments.
| Attribute | Detail |
|---|---|
| Market Size Value in 2023 (Base Year) | US$ 3.9 Bn |
| Market Forecast Value in 2034 | US$ 7.1 Bn |
| Growth Rate (CAGR) | 5.7% |
| Forecast Period | 2024-2034 |
| Historical data Available for | 2020-2022 |
| Quantitative Units | US$ Bn for Value |
| Market Analysis | North America qualitative analysis includes drivers, restraints, opportunities, key trends, key market indicators, Porter’s Five Forces analysis, value chain analysis, SWOT analysis, etc. Furthermore, at the regional level, qualitative analysis includes key trends, price trends, and key supplier analysis. |
| Competition Landscape |
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| Regions Covered |
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| Market Segmentation |
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| Companies Profiled |
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| Customization Scope | Available upon Request |
| Pricing | Available upon Request |
It was valued at US$ 3.9 Bn in 2023
It is expected to reach US$ 7.1 Bn by the end of 2034
Expansion of traditional building methods and speed construction, and surge in focus on sustainable and resilient infrastructure
The clear-span segment contributed the largest share in 2023
The U.S. contributed about 75% in terms of share in 2023
Al Jaber Steel Co., Al Mana Group, FRAMECAD Limited, Scottsdale Construction Systems Ltd., The Steel Network (TSN), Aegis Metal Framing LLC, ClarkDietrich Building Systems, JFE Steel Corporation, Nippon Steel Corporation, and ArcelorMittal
1. Preface
1.1. Market Definition and Scope
1.2. Market Segmentation
1.3. Key Research Objectives
1.4. Research Highlights
2. Assumptions
3. Research Methodology
4. Executive Summary
5. Market Overview
5.1. Market Dynamics
5.1.1. Drivers
5.1.2. Restraints
5.1.3. Opportunities
5.2. Key Trends Analysis
5.2.1. Demand Side Analysis
5.2.2. Supply Side Analysis
5.3. Key Market Indicators
5.4. Porter’s Five Forces Analysis
5.5. Value Chain Analysis
5.6. PESTEL Analysis
5.7. Technological Overview
5.8. Standards and Regulations
5.9. North America Pre-engineered Steel Building Market Analysis and Forecast, 2020-2034
5.9.1. Market Value Projections (US$ Bn)
6. North America Pre-engineered Steel Building Market Analysis and Forecast, by Frame Type
6.1. North America Pre-engineered Steel Building Market Size (US$ Bn), By Frame Type, 2020-2034
6.1.1. Clear-Span
6.1.2. Multi-Span
6.1.3. Lean-to
6.1.4. Multi-Gable
6.1.5. Single Slope
6.1.6. Others
6.2. Incremental Opportunity Analysis, by Frame Type
7. North America Pre-engineered Steel Building Market Analysis and Forecast, by Application
7.1. North America Pre-engineered Steel Building Market Size (US$ Bn), By Application, 2020-2034
7.1.1. Commercial
7.1.1.1. Showrooms
7.1.1.2. Distribution Centers
7.1.1.3. Supermarkets
7.1.1.4. Sports Facilities
7.1.1.5. Offices
7.1.1.6. Exhibition Centers
7.1.1.7. Others
7.1.2. Industrial
7.1.2.1. Manufacturing
7.1.2.2. Industrial Workshops
7.1.2.3. Warehouses
7.1.2.4. Construction
7.1.2.5. Refrigerated Houses
7.1.2.6. Others
7.1.3. Agriculture
7.1.3.1. Cattle and Poultry Farms
7.1.3.2. Greenhouse Farms
7.1.3.3. Organic Fertilizer Factories
7.1.3.4. Others
7.2. Incremental Opportunity Analysis, by Application
8. North America Pre-engineered Steel Building Market Analysis and Forecast, by Country
8.1. North America Pre-engineered Steel Building Market Size (US$ Bn), By Country, 2020-2034
8.1.1. U.S.
8.1.2. Canada
8.1.3. Rest of North America
8.2. Incremental Opportunity Analysis, by Country
9. U.S. Pre-engineered Steel Building Market Analysis and Forecast
9.1. Pre-engineered Steel Building Market Size (US$ Bn), By Frame Type, 2020-2034
9.1.1. Clear-Span
9.1.2. Multi-Span
9.1.3. Lean-to
9.1.4. Multi-Gable
9.1.5. Single Slope
9.1.6. Others
9.2. Pre-engineered Steel Building Market Size (US$ Bn), By Application, 2020-2034
9.2.1. Commercial
9.2.1.1. Showrooms
9.2.1.2. Distribution Centers
9.2.1.3. Supermarkets
9.2.1.4. Sports Facilities
9.2.1.5. Offices
9.2.1.6. Exhibition Centers
9.2.1.7. Others
9.2.2. Industrial
9.2.2.1. Manufacturing
9.2.2.2. Industrial Workshops
9.2.2.3. Warehouses
9.2.2.4. Construction
9.2.2.5. Refrigerated Houses
9.2.2.6. Others
9.2.3. Agriculture
9.2.3.1. Cattle and Poultry Farms
9.2.3.2. Greenhouse Farms
9.2.3.3. Organic fertilizer factories
9.2.4. Others
10. Canada Pre-engineered Steel Building Market Analysis and Forecast
10.1. Pre-engineered Steel Building Market Size (US$ Bn), By Frame Type, 2020-2034
10.1.1. Clear-Span
10.1.2. Multi-Span
10.1.3. Lean-to
10.1.4. Multi-Gable
10.1.5. Single Slope
10.1.6. Others
10.2. Pre-engineered Steel Building Market Size (US$ Bn), By Application, 2020-2034
10.2.1. Commercial
10.2.1.1. Showrooms
10.2.1.2. Distribution Centers
10.2.1.3. Supermarkets
10.2.1.4. Sports Facilities
10.2.1.5. Offices
10.2.1.6. Exhibition Centers
10.2.1.7. Others
10.2.2. Industrial
10.2.2.1. Manufacturing
10.2.2.2. Industrial Workshops
10.2.2.3. Warehouses
10.2.2.4. Construction
10.2.2.5. Refrigerated Houses
10.2.2.6. Others
10.2.3. Agriculture
10.2.3.1. Cattle and Poultry Farms
10.2.3.2. Greenhouse Farms
10.2.3.3. Organic fertilizer factories
10.2.4. Others
11. Competition Landscape
11.1. Market Player - Competition Dashboard
11.2. Market Share Analysis (%), 2023
11.3. Company Profiles
11.3.1. Al Jaber Steel Co.
11.3.1.1. SWOT Analysis
11.3.1.2. Company Overview
11.3.1.3. Sales Area/Geographical Presence
11.3.1.4. Product Portfolio
11.3.1.5. Key Financials
11.3.1.6. Strategy & Business Overview
11.3.2. Al Mana Group
11.3.2.1. SWOT Analysis
11.3.2.2. Company Overview
11.3.2.3. Sales Area/Geographical Presence
11.3.2.4. Product Portfolio
11.3.2.5. Key Financials
11.3.2.6. Strategy & Business Overview
11.3.3. FRAMECAD Limited
11.3.3.1. SWOT Analysis
11.3.3.2. Company Overview
11.3.3.3. Sales Area/Geographical Presence
11.3.3.4. Product Portfolio
11.3.3.5. Key Financials
11.3.3.6. Strategy & Business Overview
11.3.4. Scottsdale Construction Systems Ltd.
11.3.4.1. SWOT Analysis
11.3.4.2. Company Overview
11.3.4.3. Sales Area/Geographical Presence
11.3.4.4. Product Portfolio
11.3.4.5. Key Financials
11.3.4.6. Strategy & Business Overview
11.3.5. The Steel Network (TSN)
11.3.5.1. SWOT Analysis
11.3.5.2. Company Overview
11.3.5.3. Sales Area/Geographical Presence
11.3.5.4. Product Portfolio
11.3.5.5. Key Financials
11.3.5.6. Strategy & Business Overview
11.3.6. Aegis Metal Framing LLC
11.3.6.1. SWOT Analysis
11.3.6.2. Company Overview
11.3.6.3. Sales Area/Geographical Presence
11.3.6.4. Product Portfolio
11.3.6.5. Key Financials
11.3.6.6. Strategy & Business Overview
11.3.7. ClarkDietrich Building Systems
11.3.7.1. SWOT Analysis
11.3.7.2. Company Overview
11.3.7.3. Sales Area/Geographical Presence
11.3.7.4. Product Portfolio
11.3.7.5. Key Financials
11.3.7.6. Strategy & Business Overview
11.3.8. JFE Steel Corporation
11.3.8.1. SWOT Analysis
11.3.8.2. Company Overview
11.3.8.3. Sales Area/Geographical Presence
11.3.8.4. Product Portfolio
11.3.8.5. Key Financials
11.3.8.6. Strategy & Business Overview
11.3.9. Nippon Steel Corporation
11.3.9.1. SWOT Analysis
11.3.9.2. Company Overview
11.3.9.3. Sales Area/Geographical Presence
11.3.9.4. Product Portfolio
11.3.9.5. Key Financials
11.3.9.6. Strategy & Business Overview
11.3.10. ArcelorMittal
11.3.10.1. SWOT Analysis
11.3.10.2. Company Overview
11.3.10.3. Sales Area/Geographical Presence
11.3.10.4. Product Portfolio
11.3.10.5. Key Financials
11.3.10.6. Strategy & Business Overview
11.3.11. Other Key Players
11.3.11.1. SWOT Analysis
11.3.11.2. Company Overview
11.3.11.3. Sales Area/Geographical Presence
11.3.11.4. Product Portfolio
11.3.11.5. Key Financials
11.3.11.6. Strategy & Business Overview
12. Go To Market Strategy
12.1. Who Sells to Whom?
List of Tables
Table 01: North America Pre-engineered Steel Building Market Value (US$ Bn) Projection By Frame Type 2020-2034
Table 02: North America Pre-engineered Steel Building Market Value (US$ Bn) Projection By Application 2020-2034
Table 03: North America Pre-engineered Steel Building Market Value (US$ Bn) Projection By Country 2020-2034
Table 04: U.S. Pre-engineered Steel Building Market Value (US$ Bn) Projection By Frame Type 2020-2034
Table 05: U.S. Pre-engineered Steel Building Market Value (US$ Bn) Projection By Application 2020-2034
Table 06: Canada Pre-engineered Steel Building Market Value (US$ Bn) Projection By Frame Type 2020-2034
Table 07: Canada Pre-engineered Steel Building Market Value (US$ Bn) Projection By Application 2020-2034
List of Figures
Figure 01: North America Pre-engineered Steel Building Market Value (US$ Bn) Projection, By Frame Type 2020-2034
Figure 02: North America Pre-engineered Steel Building Market, Incremental Opportunities (US$ Bn), Forecast, By Frame Type 2024-2034
Figure 03: North America Pre-engineered Steel Building Market Value (US$ Bn) Projection, By Application 2020-2034
Figure 04: North America Pre-engineered Steel Building Market, Incremental Opportunities (US$ Bn), Forecast, By Application 2024-2034
Figure 05: North America Pre-engineered Steel Building Market Value (US$ Bn) Projection, By Country 2020-2034
Figure 06: North America Pre-engineered Steel Building Market, Incremental Opportunities (US$ Bn), Forecast, By Country 2024-2034
Figure 07: U.S. Pre-engineered Steel Building Market Value (US$ Bn) Projection, By Frame Type 2020-2034
Figure 08: U.S. Pre-engineered Steel Building Market, Incremental Opportunities (US$ Bn), Forecast, By Frame Type 2024-2034
Figure 09: U.S. Pre-engineered Steel Building Market Value (US$ Bn) Projection, By Application 2020-2034
Figure 10: U.S. Pre-engineered Steel Building Market, Incremental Opportunities (US$ Bn), Forecast, By Application 2024-2034
Figure 11: Canada Pre-engineered Steel Building Market Value (US$ Bn) Projection, By Frame Type 2020-2034
Figure 12: Canada Pre-engineered Steel Building Market, Incremental Opportunities (US$ Bn), Forecast, By Frame Type 2024-2034
Figure 13: Canada Pre-engineered Steel Building Market Value (US$ Bn) Projection, By Application 2020-2034
Figure 14: Canada Pre-engineered Steel Building Market, Incremental Opportunities (US$ Bn), Forecast, By Application 2024-2034
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North America Pre-engineered Steel Building Market
