Pre-engineered Buildings Market - India
Market Statistics
Base Year: 2024
Historical Years: 2019-2024
Forecast Years: 2025-2033
Market Size in 2024: USD 2.01 Billion
Market Size in 2033: USD 6.33 Billion
Market Growth Rate (CAGR) 2025-2033: 12.50%
According to IMARC Group's report titled "India Pre-engineered Buildings Market Report and Forecast 2025-2033," the market reached USD 2.01 billion in 2024. Looking forward, IMARC Group expects the market to reach USD 6.33 billion by 2033, exhibiting a growth rate (CAGR) of 12.50% during 2025-2033.
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India Pre-engineered Buildings Market Trends and Drivers:
- India pre-engineered buildings market is expanding significantly with higher industrialization, infrastructure development, and rising requirements for fast and economical construction procedures.
- In simple terms, PEB systems are gaining popularity as they are taking less time to be built, conserve wastage, and offer superior structural strength, thus aptly utilized for warehouses, factories, logistics parks, and commercial buildings.
- Apart from this, expansion in manufacturing, retail, and e-commerce sectors is leading the demand for industrial and warehousing space wherein PEBs are offering scalability as well as efficiency.
- Apart from this, 'Make in India', Smart Cities Mission, and infrastructure development-related programs are propelling demand for PEBs as a flexible and modular building method to offer quicker delivery and reduced cost.
- Moreover, rising demand for green and sustainable building solutions is pushing the adoption of PEBs due to environment-friendly methods, recyclable steel, and energy-efficient building.
- Moreover, rising foreign direct investment and greater involvement of multinational companies in India's industrial as well as logistics sector are pushing demand for internationally benchmarked PEB facilities.
- Additionally, developers and constructors are recognizing the cost savings in the long term and minimal maintenance demand of PEBs and, therefore, the adoption is picking up in tier 2 and tier 1 cities.
- Besides this, developments in design packages, simulation technologies, and manufacturing methods are enabling the development of more custom and complex PEB buildings, according to the present architectural and industrial requirements.
- Apart from that, the property sector, particularly commercial and institutional buildings like educational campuses, hospitals, and exhibition centers, is also shifting towards pre-engineered alternatives in an effort to prevent wastage of time and increase efficiency.
- Apart from that, rising on-site labor costs and shortage of skilled on-site labor are forcing the industry towards off-site prefabrication, and hence PEBs are a reasonable option.
- Apart from this, increased growth in renewable power plants such as manufacturing plants for solar panels and plant facilities for biomass power is creating the demand for easy-to-assemble, lightweight PEB buildings.
- Apart from this, alliances between property developers, PEB producers, and steel producers are creating efficiency in the supply chain and increasing market competitiveness.
- Collectively, a confluence of industrial need, government stimulus policy, technological innovation, and the need for green building techniques is transforming the India pre-engineered building industry into a dynamic and fast-growing segment of the construction industry.
India Pre-engineered Buildings Industry Segmentation:
IMARCs report provides a deep dive into the India pre-engineered buildings market analysis, outlining the current trends, underlying market demand, and growth trajectories.
Product Insights:
- Concrete Structure
- Steel Structure
- Civil Structure
- Others
End-User Insights:
- Industrial Sector
- Commercial Sector
- Infrastructure Sector
- Residential Sector
Regional Insights:
- North India
- South India
- East India
- West India
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Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Key highlights of the Report:
- Market Performance (2019-2024)
- Market Outlook (2025-2033)
- COVID-19 Impact on the Market
- Porter’s Five Forces Analysis
- Strategic Recommendations
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
About Us:
IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
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