Reports

As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

Saudi Arabia Prefabricated Building and Structural Steel Market: By Product Type; By Component; By End Use; Historical Market and Forecast (2015-2025); Market Dynamics; Value Chain Analysis; Price Analysis; Competitive Landscape; Industry Events and Developments

Saudi Arabia Prefabricated Building and Structural Steel Market Outlook

The Saudi Arabia prefabricated building and structural steel market size reached a value of almost USD 1.7 billion in the year 2019. The prefabricated building and structural steel market in the region is further expected to grow at a CAGR of 5% between 2020 and 2025 to reach a value of almost USD 2.3 billion by 2025.

The prefabricated building and structural steel industry in Saudi Arabia is driven by the rising demand for urban housing. The industry is further invigorated by the increasing investments made by the government of Saudi Arabia in the alternate sources of income by introducing infrastructural projects, like Vision 2030 and the development of Jeddah Waterfront, NEOM City, and Entertainment City.

 

Properties and Applications

Prefabricated buildings are referred to as the structures that are manufactured off-site to be later transferred and assembled on the construction site. Structural steel, on the other hand, represents the basic framework wherein prefabricated parts are installed. These structures offer numerous advantages in comparison to traditionally constructed buildings, which include durability, ease of expansion, design flexibility, efficient material utilisation, weather resistance, minimal maintenance, and eco-friendly nature.

On the basis of product type, the prefabricated building industry is divided into:

  • Floors and Roof
  • Walls
  • Staircase
  • Panels and Lintels
  • Others

On the basis of the component, the structural steel industry is divided into:

  • H-Type Beam
  • I-Type Beam
  • Columns
  • Angles
  • Others

Presently, floors and roofs, and H-type beams hold the largest market share in their respective segments of the prefabricated building and structural steel industry in Saudi Arabia.

The prefabricated building and structural steel are segmented on the basis of the end-use sector into:

  • Residential
  • Institutional
  • Commercial
  • Industrial

Amongst these, the residential sector represents a clear dominance in the industry due to rapid urbanization and the growing number of expatriates in the country.

 

Market Analysis

The Saudi Arabia prefabricated building and structural steel market is driven by the rising unavailability of affordable housing as the population is rising, along with the inflow of expatriates, which has created a demand for prefabricated homes in Saudi Arabia. The industry is further aided by the environment-friendly nature of prefabricated buildings as compared to conventionally constructed buildings, owing to nil production of any on-site waste or requirement for fuel for the machines, which emit harmful gases. This will also aid the industry growth of the prefabricated building and structural steel market in the forecast period. In addition to this, these materials are cost-effective, energy, and time-efficient, and easy to install, further leading to the industry growth.

The prefabricated building and structural steel industry in Saudi Arabia is finding impetus in the rising urbanisation and ongoing and upcoming infrastructural projects, which are expected to enhance the market growth for prefabricated structures during the forecast period. The industry may find hindrance due to factors like the lack of financing options and durability issues in Saudi Arabia.

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report covers the macro and micro aspects of the industry by looking into the historical (2015-2019) and forecast (2020-2025) trends of each segment of the industry. The detailed report also provides an overview of the global and GCC markets.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Saudi Arabia
7    Industry Opportunities and Challenges
8    Global Prefabricated Building and Structural Steel Market Overview

    8.1    Key Industry Highlights
    8.2    Global Prefabricated Building and Structural Steel Historical Market (2015-2019) 
    8.3    Global Prefabricated Building and Structural Steel Market Forecast (2020-2025)
    8.4    Global Prefabricated Building and Structural Steel Market by Product Type
    8.5    Global Prefabricated Building and Structural Steel Market by End Use
    8.6    Global Prefabricated Building and Structural Steel Market by Region
        8.6.1    Market Share
            8.6.1.1    North America
            8.6.1.2    Europe
            8.6.1.3    Asia Pacific
            8.6.1.4    Latin America
            8.6.1.5    Middle East and Africa
9    GCC Prefabricated Building and Structural Steel Market Overview
    9.1    Key Industry Highlights
    9.2    GCC Prefabricated Building and Structural Steel Historical Market (2015-2019) 
    9.3    GCC Prefabricated Building and Structural Steel Market Forecast (2020-2025)
    9.4    GCC Prefabricated Building and Structural Steel Market by Product Type
    9.5    GCC Prefabricated Building and Structural Steel Market by End Use
    9.6    GCC Prefabricated Building and Structural Steel Market by Country
10    Saudi Arabia Prefabricated Building and Structural Steel Market Analysis
    10.1    Key Industry Highlights
    10.2    Saudi Arabia Prefabricated Building and Structural Steel Historical Market (2015-2019) 
    10.3    Saudi Arabia Prefabricated Building and Structural Steel Market Forecast (2020-2025)
    10.4    Saudi Arabia Prefabricated Building Market by Product Type
        10.4.1    Floors and Roof
            10.4.1.1    Market Share
            10.4.1.2    Historical Trend (2015-2019)
            10.4.1.3    Forecast Trend (2020-2025)
        10.4.2    Walls
            10.4.2.1    Market Share
            10.4.2.2    Historical Trend (2015-2019)
            10.4.2.3    Forecast Trend (2020-2025)
        10.4.3    Staircase
            10.4.3.1    Market Share
            10.4.3.2    Historical Trend (2015-2019)
            10.4.3.3    Forecast Trend (2020-2025)
        10.4.4    Panels and Lintels 
            10.4.4.1    Market Share
            10.4.4.2    Historical Trend (2015-2019)
            10.4.4.3    Forecast Trend (2020-2025)
        10.4.5    Others
    10.5    Saudi Arabia Structural Steel Market by Component
        10.5.1    H-Type Beam
            10.5.1.1    Market Share
            10.5.1.2    Historical Trend (2015-2019)
            10.5.1.3    Forecast Trend (2020-2025)
        10.5.2    I-Type Beam
            10.5.2.1    Market Share
            10.5.2.2    Historical Trend (2015-2019)
            10.5.2.3    Forecast Trend (2020-2025)
        10.5.3    Columns
            10.5.3.1    Market Share
            10.5.3.2    Historical Trend (2015-2019)
            10.5.3.3    Forecast Trend (2020-2025)
        10.5.4    Angles
            10.5.4.1    Market Share
            10.5.4.2    Historical Trend (2015-2019)
            10.5.4.3    Forecast Trend (2020-2025)
        10.5.5    Others
    10.6    Saudi Arabia Prefabricated Building and Structural Steel Market by End Use
        10.6.1    Residential
            10.6.1.1    Market Share
            10.6.1.2    Historical Trend (2015-2019)
            10.6.1.3    Forecast Trend (2020-2025)
        10.6.2    Institutional
            10.6.2.1    Market Share
            10.6.2.2    Historical Trend (2015-2019)
            10.6.2.3    Forecast Trend (2020-2025)
        10.6.3    Commercial
            10.6.3.1    Market Share
            10.6.3.2    Historical Trend (2015-2019)
            10.6.3.3    Forecast Trend (2020-2025)
        10.6.4    Industrial
            10.6.4.1    Market Share
            10.6.4.2    Historical Trend (2015-2019)
            10.6.4.3    Forecast Trend (2020-2025)
11    Market Dynamics
    11.1    SWOT Analysis
        11.1.1    Strengths
        11.1.2    Weaknesses
        11.1.3    Opportunities
        11.1.4    Threats
    11.2    Porter’s Five Forces Analysis
        11.2.1    Supplier’s Power
        11.2.2    Buyers Power
        11.2.3    Threat of New Entrants
        11.2.4    Degree of Rivalry
        11.2.5    Threat of Substitutes
    11.3    EMR’s Key Indicators for Demand
    11.4    EMR’s Key Indicators for Price
12    Value Chain Analysis
13    Price Analysis
14    Competitive Landscape

    14.1    Market Structure
    14.2    Key Players' Market Share
    14.3    Company Profiles
15    Industry Events and Developments

 

List of Figures and Tables

1.    Global Prefabricated Building and Structural Steel Market: Key Industry Highlights, 2015 and 2025
2.    Global Prefabricated Building and Structural Steel Historical Market: Breakup by Product Type (USD Billion), 2015-2019
3.    Global Prefabricated Building and Structural Steel Market Forecast: Breakup by Product Type (USD Billion), 2020-2025
4.    Global Prefabricated Building and Structural Steel Historical Market: Breakup by End Use (USD Billion), 2015-2019
5.    Global Prefabricated Building and Structural Steel Market Forecast: Breakup by End Use (USD Billion), 2020-2025
6.    Global Prefabricated Building and Structural Steel Historical Market: Breakup by Region (USD Billion), 2015-2019
7.    Global Prefabricated Building and Structural Steel Market Forecast: Breakup by Region (USD Billion), 2020-2025
8.    GCC Prefabricated Building and Structural Steel Market: Key Industry Highlights, 2015 and 2025
9.    GCC Prefabricated Building and Structural Steel Historical Market: Breakup by Product Type (USD Billion), 2015-2019
10.    GCC Prefabricated Building and Structural Steel Market Forecast: Breakup by Product Type (USD Billion), 2020-2025 
11.    GCC Prefabricated Building and Structural Steel Historical Market: Breakup by End Use (USD Billion), 2015-2019
12.    GCC Prefabricated Building and Structural Steel Market Forecast: Breakup by End Use (USD Billion), 2020-2025
13.    GCC Prefabricated Building and Structural Steel Historical Market: Breakup by Country (USD Billion), 2015-2019
14.    GCC Prefabricated Building and Structural Steel Market Forecast: Breakup by Country (USD Billion), 2020-2025
15.    Saudi Arabia Prefabricated Building and Structural Steel Market: Key Industry Highlights, 2015 and 2025
16.    Saudi Arabia Prefabricated Building Historical Market: Breakup by Product Type (USD Billion), 2015-2019
17.    Saudi Arabia Prefabricated Building Market Forecast: Breakup by Product Type (USD Billion), 2020-2025
18.    Saudi Arabia Structural Steel Historical Market: Breakup by Component (USD Billion), 2015-2019
19.    Saudi Arabia Structural Steel Market Forecast: Breakup by Component (USD Billion), 2020-2025
20.    Saudi Arabia Prefabricated Building and Structural Steel Historical Market: Breakup by End Use (USD Billion), 2015-2019
21.    Saudi Arabia Prefabricated Building and Structural Steel Market Forecast: Breakup by End Use (USD Billion), 2020-2025
22.    Saudi Arabia Prefabricated Building and Structural Steel Market Structure

Key Questions Answered in the Report

In 2019, the prefabricated building and structural steel industry in Saudi Arabiaattained a value of nearly USD 1.7 billion.

In the forecast period of 2020-2025, the market is projected to grow at a CAGR of 5%.

By 2025, the industry is estimated to reach a value of about USD 2.3 billion.

The major drivers of the market such as rising disposable incomes, expat population, growing demand for urban housing, and the rising investment by the government into infrastructural projects are expected to aid the market growth.

The rising need for affordable housing and the growing eco-consciousness among the consumers are the major trends defining the market growth.

The leading prefabricated building product type in the market in Saudi Arabia is floors and roof.

The H-type beam is the major component of structural steel in the industry.

The residential sector accounted for the leading market share among other end-use sectors in the Saudi Arabia market.

Analyst Review

The Saudi Arabia prefabricated building and structural steel market attained a value of USD 1.7 billion in 2019 driven by the growing need for urban affordable housing. Aided by the growing investments into infrastructural projects, the market is expected to witness a further growth in the forecast period of 2020-2025, growing at a CAGR of 5%. The market is projected to reach USD 2.3 billion by 2025.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its product types, the Saudi Arabia prefabricated building market can be segmented into floors and roof, walls, staircase, and panels and lintels, among others, with floors and roof accounting for the largest share in the market. On the basis of component of structural steel, the H-type beam accounts for the leading market share. The residential sector accounted for the largest market share among other end-use sectors.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

Purchase Full Report

Mini Report

$ 1099     $999
  • Selected Sections, One User
  • Printing Not Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • Free Update in 180 Days

Single User License

$ 2999     $1999
  • All Sections, One User
  • One Print Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • Free Update in 180 Days

Five User License

$ 3999     $2999
  • All Sections, Five Users
  • Five Prints Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • Free Update in 180 Days

Corporate License

$ 4999     $3999
  • All Sections, Unlimited Users
  • Unlimited Prints Allowed
  • Email Delivery in PDF + Excel
  • Free Limited Customisation
  • Post Sales Analyst Support
  • Free Update in 180 Days

Any Question? Speak With An Analyst

Contact Analyst

View A Sample

Request Sample

Did You Miss Anything, Ask Now

Request Customisation
Why Expert Market Research?

RIGHT PEOPLE

We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.

RIGHT METHODOLOGY

We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

RIGHT PRICE

We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.

RIGHT SUPPORT

Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.

Similar Reports

Global Absorption Chillers Market Report and Forecast 2020-2025



Global Plywood Market Report and Forecast 2020-2025


South Africa Gypsum Plaster Market Report and Forecast 2020-2025


Global Limestone Market Report and Forecast 2020-2025


NEWSLETTER