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Construction Business Review | Friday, February 03, 2023
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Pre-engineered building technology is one of the most favoured and sustainable construction methods in the construction industry as it serves multiple benefits of cost-effectiveness, recyclability, quick construction, durability & design flexibility and is trending at the present time all around the world.
FREMONT, CA: Given the numerous advantages that pre-engineered buildings offer, new industries are turning to this type of construction for their structure requirements, and the demand for pre-engineered steel buildings is booming. By 2026, the steel market is anticipated to be $26.87 billion representing a CAGR growth of 11.98 per cent globally.
Pre-engineered buildings have structural columns, rafters, girts, purlins, and sheets that are specifically engineered and made for each building that is purchased. These components are then assembled on-site in accordance with the erection drawings, and each part is numbered to match the drawings.
The rising demand for pre-engineered steel buildings in the office space market contributes significantly to the market's overall expected growth.