India Pre-Engineered Buildings Market Information Report by Material (Steel, Aluminum and Others), by Application (Commercial, Industrial and Infrastructure) - Forecast To 2020.
Pune, Maharashtra -- (SBWIRE) -- 04/20/2017 -- Market Highlights
The usage of PEBs across various applications has widened the scope of the market for PEB in India. The need for less time consuming and cost effective construction with high aesthetic values have helped the market for PEB grow in all major sectors such as commercial, industrial and infrastructure. In addition, due to various government policies, the number of SEZs in India is growing significantly. This will boost demand for the pre-engineered buildings in the region.
The India pre-engineered buildings market is poised to grow at 11.63% CAGR and is estimated to reach USD 3.56 billion by the end of forecast period.
Major Key Players
- Tata Bluescope Steel Ltd. (India),
- Kirby Building Systems (Kuwait),
- Interarch Building Products Pvt. Ltd (India),
- Jindal Buildsys Ltd. (India),
- Era Infra Engineering Ltd. (India),
- Everest Industries (India),
- LLOYD Insulations Ltd. (India),
- Multicolor Steels Pvt. Ltd. (India),
- Pennar Engineered Building Systems Ltd. (India),
- SML Group (India),
- Smith Structures Private Ltd. (India)
- Tiger Steel Engineering (India)
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Urbanization plays a crucial role in construction industry. The urbanized population has increased exponentially from 1994. Rapid urbanization has intense effect on the increased demand for housing, jobs, transportation and infrastructure. In addition, increasing real estate investments is also driving the market. It includes sub sectors such as residential space, retail space, hospitality space, commercial space and special economic zone (SEZ). However increasing raw material prices is one of the major restraints that could hinder the market growth. Since, it is very difficult to judge the movement of raw material prices in India, as the prices fluctuate with irregularity and without any discernible pattern.
The report has analyzed the market based on the two segments: material and application. On the basis of material, the market is segmented as steel, aluminum and others. Based on application, the market is bifurcated as commercial, industrial and infrastructure. In which, commercial accounted for the largest market share of 39% in 2015. The commercial segment was valued at USD 0.80 billion and is expected to grow at 12.51% CAGR during the forecast period. Since PEB is used across various commercial needs such as high rise buildings, super markets, multiplexes and sports stadium. India has an increasing number of commercial complexes, offices, malls, multiplexes in towns and cities. This opens door for quick construction options such as PEB.
Taste the market data and market information presented through more than 14 market data tables and 9 figures spread in 45 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on "India Pre-Engineered Buildings Market Information from 2016 to 2020"
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Market Research Analysis
Based on material, the market is segmented as steel, aluminum and others. Based on application, the market is bifurcated as commercial, industrial and infrastructure. Among these, commercial accounted for the largest market share and expected to touch USD 1.45 billion with 12.51% CAGR. As it is used across various commercial needs such as high rise buildings, super markets, multiplexes and sports stadium. Also, there is an expanding Industrial movement in India with lot of foreign and domestic investment, increasing number of manufacturing units and offices, emergence of e-commerce platforms and increased consumption of consumer goods have led to the increased demand for warehouses, factory buildings, offices, processing mills, workshops and more.
Scope of the Report
This study provides an overview of the India pre-engineered buildings market, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for Indian market. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the India pre-engineered buildings market by its type, end market and regions.
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6.2 Competitive Scenario
6.2.1 Market Share Analysis
6.2.2 Market Development Analysis
6.2.3 Type/Service Benchmarking
6.3 Tata Bluescope Steel Ltd. (India)
6.3.2 Type/Service Offering
6.4 Kirby Building Systems (Kuwait)
6.4.2 Type/Service Offering
6.5 Interarch Building Products Pvt. Ltd (India)
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