Light Gauge Steel Framing Market Report 2025

The light gauge steel framing market size has grown steadily in recent years. It will grow from $35.27 billion in 2024 to $36.23 billion in 2025 at a compound annual growth rate (CAGR) of 2.7%. The growth in the historic period can be attributed to industrialization and urbanization, housing market trends, regulatory changes and standards, economic cycles and construction industry, consumer preferences and aesthetics.

The light gauge steel framing market size is expected to see steady growth in the next few years. It will grow to $42.68 billion in 2029 at a compound annual growth rate (CAGR) of 4.2%. The growth in the forecast period can be attributed to industry collaboration and standards development, urbanization and population growth, shift in construction techniques, prefabricated and modular construction, resilience to natural disasters. Major trends in the forecast period include skilled labor availability, sustainable construction, modular and prefabricated construction, rise in urbanization, energy efficiency standards.

The increasing construction activities are projected to drive growth in the light gauge steel framing market. Cold-formed steel is extensively utilized as the primary construction material in light gauge steel framing for roofs, floors, walls, roof panels, decks, and entire building structures. The rapid expansion of construction is expected to enhance the use of light gauge steel framing, which is essential for various construction activities. For example, in October 2024, The United States Census Bureau, a government agency, reported that total construction spending for the first eight months of 2023 reached $1.32 trillion, reflecting a 7.6% increase in 2024, which brought the total to $1.42 trillion. Consequently, the growth in construction activities is anticipated to elevate the demand for light gauge steel framing during the forecast period.

The resilience against catastrophic events is expected to boost the light gauge steel framing market. Catastrophic events are sudden, widespread, and severe incidents that can lead to substantial damage, loss of life, and long-lasting societal effects. Light gauge steel framing enhances structural resilience against such events by offering a durable and flexible construction solution capable of withstanding significant forces, thereby contributing to overall building stability. For instance, in August 2024, UK Research and Innovation, a public sector organization in the UK, noted that five million individuals in the UK are affected annually by floods and droughts. With climate change anticipated to escalate the frequency and costs of these damages, an additional £1.2 million in funding has been allocated by the Engineering and Physical Sciences Research Council and NERC, as announced by Science and Technology’s Peter Kyle on August 31, 2024. Therefore, resilience against catastrophic events is driving the light gauge steel framing market.

The light gauge steel framing market is experiencing a significant trend towards technological innovation. Innovations in light gauge steel framing involve the creation of new products using cutting-edge technology, notably modular light gauge steel solutions. These solutions come with added features such as dimension flexibility, multiple design options, and more. Technological advancements empower companies to deliver sophisticated products with additional advantages, expanding their reach to customers. For instance, in January 2022, CRATE Modular Inc., a US-based manufacturer specializing in modular construction components, unveiled a novel light gauge steel solution based on a cold-formed steel methodology. Distinguished by its dimensional flexibility and supplementary design options, this new methodology represents a unique advancement. The introduction of this cold-formed steel process equips CRATE with increased capabilities to provide innovative solutions to its customers.

Leading companies in the light gauge steel framing market are actively involved in the creation of innovative systems, such as panelized systems, to revolutionize offsite construction and optimize their market gains. A panelized system represents a construction approach where building components, including walls and floors, are prefabricated in panels offsite and subsequently assembled on-site to enhance efficiency and speed. For example, in May 2022, Intrastack, a UK-based provider of frame systems, introduced a panelized steel-frame system designed for the UK's building sector. This system facilitates the efficient construction of multi-storey, multi-occupancy residential and commercial projects. Certified by NHBC Stage 1, the light gauge steel frame offers flexibility for various building types and achieves 120 minutes of fire performance. Manufactured at Saint-Gobain's Modern Methods of Construction facility, these panelized systems contribute to accelerating construction speed by up to 50% compared to traditional methods.

In December 2023, Venture First, a US-based investment and financial firm, and TYP64, a US-based digital transformation company, acquired Scottsdale Construction Systems for an undisclosed amount. Following this acquisition, Venture First and TYP64 aim to assist Scottsdale's steel framing system in expanding globally through digital transformation. Scottsdale Construction Systems is an Australia-based manufacturer specializing in advanced light gauge steel wall frame and roof truss technology.

Major companies operating in the light gauge steel framing market include ArcelorMittal S.A., HONGLU STEEL STRUCTURE, Jinggong Steel, ZHEJIANG SOUTHEAST SPACE FRAME Co LTD., Clarkwestern Dietrich Building Systems Ltd., China State Construction Engineering Corporation Ltd., Precision Walls Inc., HangXiao Steel Structure Co Ltd., SCAFFO Steel Stud Company, QSI Interiors Ltd., MRI Steel Framing LLC, Super Stud Building Products Inc., Quail Run Building Materials Inc., Genesis Manazil Steel Framing LLC, 8 Diamonds Steel Framing Ltd., Arkitech Advanced Construction Technologies, CEMCO-California Expanded Metal Products Inc., Craco Metal Supply Inc., DCM Metal Corp, E PACK Prefabricated Buildings Co Ltd., FRAMECAD Ltd., Hadley Industries Ltd., Intelligent Steel Solutions Ltd., Metek plc, Nakayama Mitsubishi Steel Co Ltd., Steel Frame Solutions LLC, Tata BlueScope Steel Limited, The Steel Network Inc., WARE Industries Inc.

Asia-Pacific was the largest region in the light gauge steel framing market in 2024, and it is also expected to be the fastest-growing region in the forecast period. The regions covered in the light gauge steel framing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the light gauge steel framing market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Light gauge steel framing (LGSF) denotes a wall system constructed from cold-rolled load-bearing steel. It finds applications in wall systems, roof panels, floor systems, and complete buildings. The benefits of LGSF encompass its lightweight nature, easy transportability, reduced construction expenses, and its substantial strength and durability.

The primary categories of light gauge steel framing comprise skeleton, wall bearing, and long span. A wall bearing, also referred to as a load-bearing wall or structural wall, is responsible for supporting the weight of the entire structure from top to bottom. Its crucial role involves distributing the building's weight from the roof to the foundation, and removing it could result in structural collapse. Light gauge steel framing is utilized by end-users in various sectors, including commercial, residential, and industrial applications.

The light gauge steel framing market research report is one of a series of new reports that provides light gauge steel framing market statistics, including light gauge steel framing industry global market size, regional shares, competitors with a light gauge steel framing market share, detailed light gauge steel framing market segments, market trends and opportunities, and any further data you may need to thrive in the light gauge steel framing industry. This light gauge steel framing market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The light gauge steel framing market consists of sales of wall system, flooring system, light gauge steel coating, and accessories. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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