DUBLIN, July 6, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "Global Pre-engineered Buildings Market 2016-2020" report to their offering.
The report forecasts the global PEB market to grow at a CAGR of 11.96% during the period 2016-2020.
The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
A key trend which is contributing to market growth is the increase in demand for warehouses. With a rise in the number of e-retailers, the demand for warehouses is also increasing. Moreover, existing e-retailers are reporting exponential growth in their sales. Online sales accounted for 7.5% of the total retail sales globally in 2015, and they will reach 13% by 2020. To meet the supply demand, these e-retailers are constructing warehouses to enhance their distribution. PEBs offer the fastest method to construct warehouses compared to traditional methods, and the demand for PEBs in warehouse construction is rising.
According to the report, a key growth driver is the time and cost savings offered by PEBs. The primary and secondary framing structures of a PEB are pre-punched, pre-sheared, pre-welded, predrilled, and pre-formed in the factory before it is shipped to the job site. Since the structural parts are manufactured completely under controlled factory conditions, the quality of the structure is assured. The prefabricated components are assembled with bolt connections at the job site.
Further, the report states that one challenge that could curtail market growth is the fluctuating raw material prices.
- BlueScope Steel
- Kirby Building Systems
- PEB Steel Buildings
- Zamil Steel
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Construction market: An overview
PART 06: Market landscape
PART 07: Geographical segmentation
PART 08: Market drivers
PART 09: Impact of drivers
PART 10: Market challenges
PART 11: Impact of drivers and challenges
PART 12: Market trends
PART 13: Vendor landscape
PART 14: Key vendor analysis
PART 15: Appendix
For more information visit http://www.researchandmarkets.com/research/43r4ls/global
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SOURCE Research and Markets