Saudi Arabia Prefabricated Building and Structural Steel Market Size, Growth And Forecast 2018-2023

1
Saudi Arabia Prefabricated Building and
Structural Steel Market Induced by Rising Demand
for Urban Housing
Copyright IMARC. All Rights Reserved
2
About IMARC Group
Report Description
IMARC is a leading advisor on management
strategy and market research worldwide. We
partner with clients in all sectors and regions
to identify their highest-value opportunities,
address their most critical challenges, and
transform their businesses. IMARCs information
products include major market, scientific,
economic and technological developments for
business leaders in pharmaceutical, industrial,
and high technology organizations. Market
forecasts and industry analysis for
biotechnology, advanced materials,
pharmaceuticals, food and beverage, travel and
tourism, nanotechnology and novel processing
methods are at the top of the companys
expertise. IMARCs tailored approach combines
unfathomable insight into the dynamics of
companies and markets with close cooperation at
all levels of the client organization. This
ensures that our clients achieve unmatchable
competitive advantage, build more proficient
organizations, and secure lasting results.
3
Report Description and Highlights
Report Description
Saudi Arabia Prefabricated Building and
Structural Steel Market Induced by Rising Demand
for Urban Housing The Saudi Arabia
prefabricated building and structural steel
market has witnessed a moderate growth over the
past few years. Some of the major driving factors
include increasing demand for housing coupled
with low cost of production and quick
installation. Prefabricated building is
manufactured in standard portions off-site, and
then shipped and assembled at the construction
site. Structural steel, on the other hand, forms
the skeletal framework of the building wherein
the prefabricated parts are installed. These
construction materials can be divided into two
types, concrete-based and metal-based.
Prefabricated buildings are not only popular in
the commercial sector but are also gaining
prominence in the residential segment. IMARC
Groups new research report, titled Saudi Arabia
Prefabricated Building and Structural Steel
Market Industry Trends, Share, Size, Growth,
Opportunity and Forecast 2018-2023, estimates
that the Saudi Arabia prefabricated building and
structural steel market reached a value of about
US 1 Billion in 2017. The report further
anticipates the market to reach a value of around
US 2 Billion by 2023, at a projected CAGR of
nearly 5 over the forecast period.
4
Report Description and Highlights
Report Description

• Saudi Arabia Prefabricated Building and
  Structural Steel Market Drivers/Constraints
• The unavailability of affordable housing owing to
  population growth along with an influx of
  expatriates has encouraged the demand for
  prefabricated homes in Saudi Arabia.
• Prefabricated buildings are environment friendly
  in comparison to conventionally constructed
  buildings as they do not produce any on-site
  waste or require fuel for machines which emit
  harmful gases. Additionally, they are
  cost-effective, time- and energy-efficient and
  quick-to-install.
• Rapid urbanization and upcoming infrastructural
  projects are projected to further provide a
  thrust to the market for prefabricated structures
  in Saudi Arabia during the forecast period.
• Factors such as lack of financing options and
  durability issues are expected to hamper the
  market growth in the region.
• Read more here https//www.imarcgroup.com/saudi-a
  rabia-prefabricated-building-structural-steel-mark
  et

5
Report Description and Highlights
Report Description
Product Type Insights On the basis of type, the
market has been categorised into prefabricated
building and structural steel, wherein
prefabricated building accounts for the majority
of the total sales. This segment is further
segregated into roofs and floors, walls,
staircases, and panels and lintels. Amongst
these, roofs and floors represent the largest
segment. On the other hand, structural steel is
divided into H-type beam, I-type beam, columns
and angles. Currently, H-type beam dominates the
market. Request Sample Of The Report
https//www.imarcgroup.com/request?typereportid
890flagB
6
Report Description and Highlights

• Application Insights
• Based on application, the residential sector
  dominates the market, holding the majority of the
  total share. A rise in the number of expatriates
  and rapid urbanization are some of the factors
  stimulating the growth of this segment. The
  residential sector is followed by the
  institutional, commercial and industrial sectors.
• Competitive Landscape
• The market is highly concentrated as the top four
  players in the prefabricated building and
  structural steel market in Saudi Arabia currently
  account for the majority of the overall market.
  These players include
• Saudi building systems Mfg. Co.
• Red Sea Housing Services
• Kirby Building Systems
• Zamil Steel Pre-Engineered Buildings Co. Ltd
• Browse more related reports 
• UAE Prefabricated Building and Structural Steel
  Market  https//www.imarcgroup.com/uae-prefabrica
  ted-building-structural-steel-market
• Prefabricated Building and Structural Steel
  Market https//www.imarcgroup.com/prefabricated-b
  uilding-structural-steel-market

7
Report Description and Highlights
Report Description

2017 IMARC All Rights Reserved This
Publication and all its contents unless
otherwise mentioned are copyrighted in the name
of International Market Analysis Research and
Consulting (IMARC). No part of this publication
may be reproduced, repackaged, redistributed or
resold in whole or in any part. The publication
may also not be used in any form or by and means
graphic electronic or mechanical, including
photocopying, recording, taping or by information
storage or retrieval, or by any other form,
without the express consent of International
Market Analysis Research and Consulting
(IMARC). Disclaimer All contents and data of
this publication, including forecasts, data
analysis and opinion have been based on
information and sources believed to be accurate
and reliable at the time of publishing.
International Market Analysis Research and
Consulting makes no representation of warranty of
any kind as to the accuracy or completeness of
any Information provided. IMARC accepts no
liability whatsoever for any loss or damage
resulting from opinion, errors or inaccuracies if
any found this publication. IMARC, IMARC Group
and Global Therapy Insight Series are registered
trademarks of International Market Analysis
Research and Consulting. All other trademarks
used in this publication are registered
trademarks of their respective companies.
8

Contact Us