Light Gauge Steel Framing Market
Light Gauge Steel Framing Market Analysis by Product Type (Skeleton Steel Framing, Wall Bearing Steel Framing, Long Span Steel Framing), by Application & Region - Global Forecast 2019 to 2029
Analysis of Light Gauge Steel Framing Market Covering 30 + Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Light Gauge Steel Framing - Market Overview
Light gauge steel framing is very similar to wood framed construction in principle. In steel construction the wooden framing members are replaced with thin steel sections. The steel sections used here are called cold formed sections. Cold formed steel is shaped by guiding thin sheets of steel through a series of rollers, each roller changing the shape very slightly, with the net result of converting a flat sheet of steel into a C or S-shaped section.
The steel used here are zinc coated or zinc or aluminum coated to protect it from corrosion. The thickness of this coating can be varied to suit a range of environments. In the last few years, the light gauge market has gained popularity among SMEs, due to their multiple advantages.
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Light Gauge Steel Framing - Market Dynamics
The growth in light gauge steel framing market is attributed to rising construction activities in mainly in emerging economies. The government in developing economies are implementing various housing schemes for the rural populations, which is further likely to drive market for light gauge steel framing.
Another factor which has positively impacted the overall market is their applications, projects using light gauge steel framing are completed in a lesser amount of time as compared to other type of structural support that mainly includes concrete or wood, which, in turn, is anticipated to propel demand for light gauge steel framing over the forecast period. Increasing public construction projects in developing nations such as Brazil, China and India are expected to incorporate light gauge steel framing as structural support owing to faster completion of projects as compared to wood, concrete and other such structural materials.
The light gauge steel framing market has also experienced demand from the SMEs and the global market is continuously growing with the rise in construction of warehouses, logistics hubs, etc. The Light gauge steel framing will lose strength in the advent of fire, which is likely to impact the growth of light gauge steel framing market.
Light Gauge Steel Framing Market - Regional Analysis
The global light gauge steel framing market is segmented into eight regions: North America, Europe, MEA, East Asia, South Asia, Oceania, Latin America, and Middle East and Africa. North America holds the highest market share in the light gauge steel framing market with the U.S. being the major market for light gauge steel framing followed by Europe. The market for light gauge steel framing in East Asia and South Asia regions has also increased and is anticipated to rise further in the coming years.
China and India spend a substantial amount on road construction and infrastructure from the total GDP Contribution. The demand for Light Gauge Steel Framing in Japan is rising at a robust pace owing to the increasing infrastructure and industrialization. The demand in European countries is also gaining pace at a robust rate. The Middle East and Africa regions show decent growth in the demand for light gauge steel framing market.
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Light Gauge Steel Framing Market- Key Manufacturers
Some of the major key players in the light gauge steel framing market are MGI Infra Private Limited, Nipani Infra and Industries Private Limited, among other prominent players.
Light Gauge Steel Framing Market- Competitive Analysis
The global light gauge steel framing market is moderately concentrated. The market is in the growth phase, and the competition is expected to become less intense by the end of the forecast period. More modern technologies are being introduced from time-to-time, which is intended to enhance the performance of light gauge steel framings. This would make way for the manufacturers to deliver more efficient, newer generation and technologically advanced light gauge steel framing during the forecast period.
The research report on light gauge steel framing presents a comprehensive assessment of the light gauge steel framing market and contains thoughtful insights, facts, and historical data and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report on light gauge steel framing provides analysis and information according to market segments such as geographies, product type and application.
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Light gauge steel framing market report covers exhaustive analysis on:
- Market Segments
- Market Dynamics
- Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Technology
- Value Chain
Light gauge steel framing market report regional analysis includes
- North America
- Europe
- MEA
- East Asia (Japan, China, South Korea)
- South Asia (India, Thailand, Malaysia, Indonesia, Philippines, Rest)
- Oceania (Australia, New Zealand)
- Latin America
- Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)
The report on light gauge steel framing market is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Light gauge steel framing market Report Highlights:
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint.
Light Gauge Steel Framing Market- Key Segments
According to the product type, the light gauge steel framing are segmented as:
- Skeleton Steel Framing
- Wall Bearing Steel Framing
- Long Span Steel Framing
According to the application, the light gauge steel framing are segmented as:
- Residential
- Commercial
- Industrial
Table of Content
1. Executive Summary 2. Industry Introduction, including Taxonomy and Market Definition 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments 4. Global Market Demand Analysis and Forecast, including Historical Analysis and Future Projections 5. Pricing Analysis 6. Global Market Analysis and Forecast 6.1. Product Type 6.2. Application 7. Global Market Analysis and Forecast, By Product Type 7.1. Skeleton Steel Framing 7.2. Wall Bearing Steel Framing 7.3. Long Span Steel Framing 8. Global Market Analysis and Forecast, By Application 8.1. Residential 8.2. Commercial 8.3. Industrial 9. Global Market Analysis and Forecast, By Region 9.1. North America 9.2. Latin America 9.3. Western Europe 9.4. Eastern Europe 9.5. East Asia 9.6. South Asia & Pacific 9.7. MEA 10. North America Sales Analysis and Forecast, by Key Segments and Countries 11. Latin America Sales Analysis and Forecast, by Key Segments and Countries 12. Western Europe Sales Analysis and Forecast, by Key Segments and Countries 13. Eastern Europe Sales Analysis and Forecast, by Key Segments and Countries 14. East Asia Sales Analysis and Forecast, by Key Segments and Countries 15. South Asia & Pacific Sales Analysis and Forecast, by Key Segments and Countries 16. MEA Sales Analysis and Forecast, by Key Segments and Countries 17. Sales Forecast by Product Type and Application for 30 Countries 18. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard 19. Company Profile 19.1. MGI Infra Private Limited 19.2. Nipani Infra and Industries Private Limited
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List Of Table
Table 1: Global Market US$ Mn Forecast by Region
Table 2: Global Market US$ Mn Forecast by Product Type
Table 3: Global Market US$ Mn Forecast by Application
Table 4: North America Market US$ Mn Forecast by Country
Table 5: North America Market US$ Mn Forecast by Product Type
Table 6: North America Market US$ Mn Forecast by Application
Table 7: Latin America Market US$ Mn Forecast by Country
Table 8: Latin America Market US$ Mn Forecast by Product Type
Table 9: Latin America Market US$ Mn Forecast by Application
Table 10: Western Europe Market US$ Mn Forecast by Country
Table 11: Western Europe Market US$ Mn Forecast by Product Type
Table 12: Western Europe Market US$ Mn Forecast by Application
Table 13: Eastern Europe Market US$ Mn Forecast by Country
Table 14: Eastern Europe Market US$ Mn Forecast by Product Type
Table 15: Eastern Europe Market US$ Mn Forecast by Application
Table 16: East Asia Market US$ Mn Forecast by Country
Table 17: East Asia Market US$ Mn Forecast by Product Type
Table 18: East Asia Market US$ Mn Forecast by Application
Table 19: South Asia & Pacific Market US$ Mn Forecast by Country
Table 20: South Asia & Pacific Market US$ Mn Forecast by Product Type
Table 21: South Asia & Pacific Market US$ Mn Forecast by Application
Table 22: MEA Market US$ Mn Forecast by Country
Table 23: MEA Market US$ Mn Forecast by Product Type
Table 24: MEA Market US$ Mn Forecast by Application
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List Of Figures
Figure 1: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type
Figure 2: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Application
Figure 3: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Region
Figure 4: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type
Figure 5: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Application
Figure 6: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 7: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type
Figure 8: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Application
Figure 9: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 10: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type
Figure 11: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Application
Figure 12: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 13: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type
Figure 14: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Application
Figure 15: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 16: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type
Figure 17: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Application
Figure 18: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 19: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type
Figure 20: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Application
Figure 21: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 22: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type
Figure 23: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Application
Figure 24: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
What is the present market value for light gauge steel framing?
The global light gauge steel framing market is currently valued at US$ 30 billion.
Which application will bring in high revenue streams for light gauge steel framing manufacturers?
The residential sector accounts for 50% share of the global light gauge steel framing market.
Which is the leading regional market for light gauge steel framing?
With 45% share, Asia Pacific dominates the global light gauge steel framing market.