Pre-Engineered Building Companies - BlueScope Steel, NCI Building Systems, Nucor Corporation, Kirby Building Systems, Zamil Steel Holding Company, ATCO, Lindab Group, PEBS Pennar, PEB Steel Buildings, Everest Industries are the Key Players

What is Pre-Engineered Building?

A Pre-Engineered Building (PEB) is a building that is engineered at a manufacturing facility before being delivered to the construction site. These buildings are typically made from steel and are designed to be efficient, cost-effective, and easy to assemble. PEBs have become an increasingly popular choice for commercial, industrial, and residential construction projects due to their versatility, durability, and speed of construction.

Unlike traditional construction, where buildings are designed and constructed on-site, PEBs are pre-manufactured, cutting down on construction time, labor costs, and material wastage. They are also highly customizable to meet specific requirements and can accommodate various uses, including warehouses, factories, offices, and retail outlets.

The Pre-Engineered Building Market was valued at USD 31.02 million in 2023 and is expected to grow to USD 33.65 million in 2024. The market is projected to reach USD 64.64 million by 2032, reflecting a compound annual growth rate (CAGR) of 8.5% during the forecast period from 2024 to 2032.

USA Growing Pre-Engineered Building Market

The Pre-Engineered Building Market in the United States has been experiencing significant growth, driven by a variety of factors including industrial expansion, the need for cost-effective building solutions, and growing demand for quicker construction timelines. As industries such as manufacturing, logistics, retail, and aviation expand, the demand for pre-engineered buildings continues to rise. Additionally, the surge in e-commerce and the need for distribution centers, warehouses, and storage facilities has further fueled the demand for these types of buildings.

In the coming years, the market for pre-engineered buildings in the USA is expected to continue growing at a robust pace, with increasing investments in infrastructure development and industrial growth. The United States is also seeing a rise in the adoption of green building materials and energy-efficient designs in pre-engineered buildings, which is expected to drive further growth in this market.

Global Growth Insights unveils the top List Global Pre-Engineered Building Companies:

1. BlueScope Steel

• Headquarters: Australia
• Revenue: $11.74 billion (2023)
• CAGR: BlueScope Steel has consistently demonstrated strong growth, driven by its high-quality steel products and its expansion into new markets. The company is particularly active in the pre-engineered building sector, supplying steel for commercial and industrial projects worldwide.

2. NCI Building Systems

• Headquarters: United States
• Revenue: $2.18 billion (2023)
• CAGR: NCI Building Systems, a leading manufacturer of metal building components, has shown steady growth. With increasing demand for cost-effective and energy-efficient construction solutions, NCI continues to expand its product offerings in the pre-engineered building market.

3. Nucor Corporation

• Headquarters: United States
• Revenue: $44.03 billion (2023)
• CAGR: Nucor Corporation is one of the largest steel producers in the USA and a significant player in the pre-engineered building market. With a strong focus on innovation and sustainability, Nucor is capitalizing on the growing demand for eco-friendly and cost-efficient steel solutions.

4. Kirby Building Systems

• Headquarters: United States
• Revenue: $1.1 billion (2023)
• CAGR: Kirby Building Systems, a leading manufacturer of pre-engineered metal buildings, has seen substantial growth in the past year. The company is focusing on expanding its reach in the industrial and commercial sectors, offering flexible and durable building solutions.

5. Zamil Steel Holding Company

• Headquarters: Saudi Arabia
• Revenue: $1.5 billion (2023)
• CAGR: Zamil Steel is one of the largest manufacturers of pre-engineered buildings in the Middle East and has a growing presence in the global market. The company’s emphasis on high-quality products and strong customer service has driven its growth.

6. ATCO

• Headquarters: Canada
• Revenue: $2.2 billion (2023)
• CAGR: ATCO is a leading provider of modular buildings and pre-engineered construction solutions. The company has seen significant growth in its PEB division, driven by strong demand for temporary and permanent structures in industries such as oil and gas, construction, and defense.

7. Lindab Group

• Headquarters: Sweden
• Revenue: $1.3 billion (2023)
• CAGR: Lindab Group has been expanding its pre-engineered building solutions, particularly in Europe. The company’s focus on energy-efficient and sustainable buildings has resonated with customers seeking environmentally friendly construction options.

8. PEBS Pennar

• Headquarters: India
• Revenue: $0.5 billion (2023)
• CAGR: PEBS Pennar has seen impressive growth in the Indian market, capitalizing on the rapid urbanization and industrialization in the region. The company specializes in the manufacturing of pre-engineered steel buildings for various sectors including logistics, retail, and industrial applications.

9. PEB Steel Buildings

• Headquarters: Vietnam
• Revenue: $0.3 billion (2023)
• CAGR: PEB Steel Buildings has seen strong demand for its steel buildings, particularly in Southeast Asia. With its focus on high-quality pre-engineered solutions, the company continues to expand its market share in the region.

10. Everest Industries

• Headquarters: India
• Revenue: $0.4 billion (2023)
• CAGR: Everest Industries has established itself as a leading manufacturer of pre-engineered buildings in India. The company continues to benefit from the growing demand for cost-effective, rapid construction solutions across various sectors, including industrial, commercial, and residential.

Pre-Engineered Building Market Conclusion

The Pre-Engineered Building (PEB) market continues to grow rapidly as industries demand more efficient, cost-effective, and sustainable building solutions. With major players in the market such as BlueScope Steel, NCI Building Systems, and Nucor Corporation leading the way, the future looks promising for PEBs. These companies have demonstrated strong revenue growth and are continually innovating to meet the changing needs of their customers.

The USA market remains a key driver for the global pre-engineered building industry, with increasing demand for warehouses, distribution centers, and industrial facilities. However, the market is also expanding in emerging regions like India, the Middle East, and Southeast Asia, as urbanization and industrialization push the demand for quick and cost-effective construction.

Moving forward, sustainability and energy efficiency will be significant trends shaping the pre-engineered building market, with companies focusing on green building practices and eco-friendly materials. As the demand for pre-engineered solutions continues to rise, these companies will remain at the forefront of the market, delivering products that meet the evolving needs of industries worldwide.