Saudi Arabia Prefabricated Building and Structural Steel Market PPT 2019 | Enhancing Huge Growth

Saudi Arabia Prefabricated Building and Structural Steel Market Research Report and Forecast 2024 Report Edition: 2019 © 2019 IMARC All Rights Reserved

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Report Description and Highlights

Report Description

Saudi Arabia Prefabricated Building and Structural Steel Market Overview: Prefabricated building is manufactured in standard portions off-site, and then shipped and assembled at the construction site. Structural steel, on the other hand, forms the skeletal framework of the building wherein the prefabricated parts are installed. These construction materials can be divided into two types, concrete-based and metal-based. Prefabricated buildings are not only popular in the commercial sector but are also gaining prominence in the residential segment. IMARC Group’s new research report, titled “ Saudi Arabia Prefabricated Building and Structural Steel Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024 ”, estimates that the Saudi Arabia prefabricated building and structural steel market reached a value of more than US$ 1.5 Billion in 2018. The report further anticipates the market to reach a value of around US$ 2.0 Billion by 2024, at a projected CAGR of 4.4% over the forecast period.

Request for a free sample report: https://www.imarcgroup.com/saudi-arabia-prefabricated-building-structural-steel-market/requestsamp le Saudi Arabia Prefabricated Building and Structural Steel Market Drivers/Constraints:

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157.3 146.7 152.0 141.4 136.1 125.5 130.8

160 140 120 100 80 60 40 20 0

•

•

120.2 2011

2012

2013

2014

2015

2016

2017

2018

In Billion US$

in Billion US$

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180 160 140 120 100 80 60 40 20 0

160.0 2019

175.9

181.2

186.5

165.3

170.6

2020

2021

2022

2023

2024

Prefabricated buildings are environment friendly in comparison to conventionally constructed buildings as they do not produce any on-site waste or require fuel for machines which emit harmful gases. Additionally, they are cost-effective, time- and energy-efficient and quick-toinstall.

The unavailability of affordable housing owing to population growth along with an influx of expatriates has encouraged the demand for prefabricated homes in Saudi Arabia.

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Rapid urbanization and upcoming infrastructural projects are projected to further provide a thrust to the market for prefabricated structures in Saudi Arabia during the forecast period.

Factors such as lack of financing options and durability issues are expected to hamper the market growth in the region.

Key Market Segmentation: Saudi Arabia Prefabricated Building Market: Performance by Component • • • • •

Floors and Roof Walls Staircase Panels and Lintels Others

Saudi Arabia Structural Steel Market: Performance by Components • •

H-Type Beam I-Type Beam

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Columns Angles Others

On the basis of type, the market has been categorised into prefabricated building and structural steel, wherein prefabricated building accounts for the majority of the total sales. This segment is further segregated into roofs and floors, walls, staircases, and panels and lintels. Amongst these, roofs and floors represent the largest segment. On the other hand, structural steel is divided into H-type beam, Itype beam, columns and angles. Currently, H-type beam dominates the market.

For more information, click here: https://www.imarcgroup.com/saudi-arabia-prefabricated-building-structural-steel-market Saudi Arabia Prefabricated Building and Structural Steel Market: Performance by End-Use Sector • • •

Residential Institutional Commercial

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Industrial

Based on application, the residential sector dominates the market, holding the majority of the market share. A rise in the number of expatriates and rapid urbanization are some of the factors stimulating the growth of this segment. The residential sector is followed by the institutional, commercial and industrial sectors.

Browse Related Report UAE Prefabricated Building and Structural Steel Market: https://www.imarcgroup.com/uae-prefabricated-building-structural-steel-market Prefabricated Building and Structural Steel Market Report: https://www.imarcgroup.com/prefabricated-building-structural-steel-market Competitive Landscape: The competitive landscape of the market has also been examined with some of the key players.

Report Description and Highlights

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Saudi building systems Mfg. Co. Red Sea Housing Services Kirby Building Systems Zamil Steel Pre-Engineered Buildings Co. Ltd

A partial List of

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Clients world's leading corporates, governments, and ourPartial ClientsList of institutions

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We are the trusted business partners to the

of Clients leading corporates, governments, and ourPartial ClientsListworld's institutions

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Report Description

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