Pre-Engineered Building Market 2026 - Share, Trends & Forecast
The global pre-engineered building market was valued at around $ 14 billion in 2019 and is forecast to grow at a CAGR of over 11% by 2026. Growth in the market is led by the rising adoption of off-site construction for commercial and industrial buildings. Pre-engineered buildings are an advanced and innovative method used in construction. Pre-engineered buildings are factory-built buildings of steel that are shipped to the site and bolted together. This style of construction is ideally suitable for industrial buildings and warehouses and it is cheap, very fast to build, and can also be dismantled and moved to another site. Further, growing demand for setting up buildings faster whether for business or municipal, is further pushing growth of the global pre-engineered building market. In terms of product, the global pre-engineered building market is categorized into concrete structures, steel structures,s, and others. Among the products, the concrete structure ca...