Pre-engineered Buildings Market in India
About the Pre-Engineered Building (PEB) Market in India
The construction market in India has expanded significantly after the economic liberalization in the 1990s. The introduction of PEBs has improved the construction market in India. Additionally, with the increased approval of FDIs and the Make in India campaign initiated by the government of India, there has been a rise in the demand for infrastructure from all sectors in the country.
However, the traditional construction methods have been unsuccessful in meeting the increased demand for infrastructure from sectors such as power, warehousing, fast moving consumer goods, automotive and logistics, and pharmaceuticals. The PEB technology originated in the US and was introduced in India by Middle Eastern vendors. One of the major challenges for adopting PEBs in India is the persisting trust in traditional construction methods. With the rise in the awareness of the advantages of PEBs, the demand for these products is gradually increasing in the country.
Market Report analysts forecast the pre-engineered building (PEB) market in India to grow at a CAGR of 16.15% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the Pre-Engineered Building (PEB) Market in India for 2016-2020. To calculate the market size, the study considers the revenue generated from the sales of PEBs in India.
Key vendors
• Tata BlueScope Steel
• Kirby Building Systems
• Interarch Building Products
• Jindal Buildsys Limited
Other prominent vendors
• Era Infra
• Everest Industries
• Lloyd Insulations
• Multicolor Steels
• PEBS Pennar
• SML Group
• Smith Structures
• Tiger Steel Engineering
Market driver
• Easy construction in remote locations
• For a full, detailed list, view our report
Market challenge
• Shortage of labor
• For a full, detailed list, view our report
Market trend
• Increase in demand for warehouses
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
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