The Latin America, Middle East and Africa Pre-Engineered Buildings Market would witness market growth of 12.8% CAGR during the forecast period (2024-2031).
The Brazil market dominated the LAMEA Pre-Engineered Buildings Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $723.4 Million by 2031. The Argentina market is registering a CAGR of 13.7% during (2024 - 2031). Additionally, The UAE market would showcase a CAGR of 12.4% during (2024 - 2031).
PEBs are increasingly used for residential purposes, including housing developments, apartment complexes, and prefabricated housing solutions. The modular construction techniques employed in PEBs allow for the efficient assembly of residential units.
Moreover, rapid construction capabilities, structural integrity, and design flexibility make them suitable for various infrastructure applications, contributing to enhanced connectivity, mobility, and resilience in urban and rural areas.
Saudi Arabia’s robust economic growth and urbanization have spurred demand for commercial infrastructure such as office buildings, retail centers, hotels, and mixed-use developments. PEBs offer a timely and cost-effective solution for meeting this demand, as they can be fabricated off-site and assembled quickly, allowing developers to capitalize on the growing commercial real estate market. As per the International Trade Administration (ITA), under the Red Sea project, by the conclusion of 2023, three hotels were inaugurated, with plans for an additional 13 hotels to be launched in 2024.
Based on Structure, the market is segmented into Single-Story and Multi-Story. Based on Application, the market is segmented into Commercial and Industrial. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The Brazil market dominated the LAMEA Pre-Engineered Buildings Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $723.4 Million by 2031. The Argentina market is registering a CAGR of 13.7% during (2024 - 2031). Additionally, The UAE market would showcase a CAGR of 12.4% during (2024 - 2031).
PEBs are increasingly used for residential purposes, including housing developments, apartment complexes, and prefabricated housing solutions. The modular construction techniques employed in PEBs allow for the efficient assembly of residential units.
Moreover, rapid construction capabilities, structural integrity, and design flexibility make them suitable for various infrastructure applications, contributing to enhanced connectivity, mobility, and resilience in urban and rural areas.
Saudi Arabia’s robust economic growth and urbanization have spurred demand for commercial infrastructure such as office buildings, retail centers, hotels, and mixed-use developments. PEBs offer a timely and cost-effective solution for meeting this demand, as they can be fabricated off-site and assembled quickly, allowing developers to capitalize on the growing commercial real estate market. As per the International Trade Administration (ITA), under the Red Sea project, by the conclusion of 2023, three hotels were inaugurated, with plans for an additional 13 hotels to be launched in 2024.
Based on Structure, the market is segmented into Single-Story and Multi-Story. Based on Application, the market is segmented into Commercial and Industrial. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
List of Key Companies Profiled
- Interarch Building Products Pvt. Ltd.
- Zamil Steel Holding Company Limited (Zamil industrial investment co.)
- Tiger Steel Engineering LLC
- Everest Industries Limited (Falak Investment Pvt. Ltd.)
- BlueScope Steel Limited
- Lloyd Insulations India Limited
- Kirby Building Systems (Alghanim Industries)
- Emirates Building Systems Co LLC (Dubai Investments PJSC)
- Mabani Steel LLC (Al Rajhi Holding Group)
- ATCO Ltd. (Sentgraf Enterprises Ltd.)
Market Report Segmentation
By Structure- Single-Story
- Multi-Story
- Commercial
- Industrial
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. LAMEA Pre-Engineered Buildings Market by Structure
Chapter 5. LAMEA Pre-Engineered Buildings Market by Application
Chapter 6. LAMEA Pre-Engineered Buildings Market by Country
Chapter 7. Company Profiles
Companies Mentioned
- Interarch Building Products Pvt. Ltd.
- Zamil Steel Holding Company Limited (Zamil industrial investment co.)
- Tiger Steel Engineering LLC
- Everest Industries Limited (Falak Investment Pvt. Ltd.)
- BlueScope Steel Limited
- Lloyd Insulations India Limited
- Kirby Building Systems (Alghanim Industries)
- Emirates Building Systems Co LLC (Dubai Investments PJSC)
- Mabani Steel LLC (Al Rajhi Holding Group)
- ATCO Ltd. (Sentgraf Enterprises Ltd.)
Methodology
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