Insights on the Global Steel Building Market in MEA 2020-2024 |COVID-19 Analysis, Drivers, Restraints, Opportunities and Threats | Technavio

10 August 2020

Technavio has been monitoring the steel building market in MEA and it is poised to grow by USD 1.39 billion during 2020-2024, progressing at a CAGR of 6% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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Frequently Asked Questions-

  • At what CAGR is the market projected to grow during the forecast period 2020-2024?
  • Growing at a CAGR of over 6%, the market growth will accelerate during the forecast period of 2020-2024.

What is the key factor driving the market?
Advantages of PEBs over traditional buildings is one of the key factors driving market growth.

What are the top players in the market?

  • Al Shahin Co. for Metal Industries, Astra Industrial Group, Building System Integration Ltd., Mabani Steel LLC, Salam International Investment Ltd., Tamimi Group, Vibgyor International FZ LLC, Wsteel Structures Ltd., Yusuf A. Alghanim & Sons WLL, and Zamil Industrial Investment Co. are some of the major market participants.

Which region is expected to hold the highest market share in the market?
Middle East
What is the major trend of the market?
Boom in construction and infrastructure sectors is a major growth factor for the market.

What is the year-over-year growth rate of the global market?
The year-over year growth rate for 2020 is estimated at 4.33%.
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Al Shahin Co. for Metal Industries, Astra Industrial Group, Building System Integration Ltd., Mabani Steel LLC, Salam International Investment Ltd., Tamimi Group, Vibgyor International FZ LLC, Wsteel Structures Ltd., Yusuf A. Alghanim & Sons WLL, and Zamil Industrial Investment Co. are some of the major market participants. The advantages of PEBs over traditional buildings will offer immense growth opportunities. To make the most of the opportunities, market vendors should focus more on the growth prospects in fast-growing segments, while maintaining their position in the slow-growing segments.

Steel Building Market in MEA 2020-2024: Segmentation

Steel Building Market in MEA is segmented as below:

Product

  • PEB
  • HRSS

End-user

  • Industrial
  • Commercial
  • Residential

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Steel Building Market in MEA 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our steel building market in MEA report covers the following areas:

  • Steel Building Market size in MEA
  • Steel Building Market trends in MEA
  • Steel Building Market analysis in MEA

This study identifies the boom in construction and infrastructure sectors as one of the prime reasons driving the steel building market growth in MEA during the next few years.

Steel Building Market in MEA 2020-2024: Vendor Analysis

We provide a detailed analysis of vendors operating in the steel building market in MEA, including some of the vendors such as Al Shahin Co. for Metal Industries, Astra Industrial Group, Building System Integration Ltd., Mabani Steel LLC, Salam International Investment Ltd., Tamimi Group, Vibgyor International FZ LLC, Wsteel Structures Ltd., Yusuf A. Alghanim & Sons WLL, and Zamil Industrial Investment Co. Backed with competitive intelligence and benchmarking, our research reports on the steel building market in MEA are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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Steel Building Market in MEA 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist steel building market growth in MEA during the next five years
  • Estimation of the steel building market size in MEA and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the steel building market in MEA
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of steel building market vendors in MEA

Table of Contents:

Executive Summary

  • Market Overview

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook
  • Market size and forecast for 2019 - 2024

Five Forces Analysis

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition
  • Market Segmentation by Product

Market segments

  • Comparison by Product
  • PEB - Market size and forecast 2019-2024
  • HRSS - Market size and forecast 2019-2024
  • Market opportunity by Product
  • Market Segmentation by End-user

Market segments

  • Comparison by End-user
  • Industrial - Market size and forecast 2019-2024
  • Commercial - Market size and forecast 2019-2024
  • Residential - Market size and forecast 2019-2024
  • Market opportunity by End user
  • Customer landscape

Overview

  • Geographic Landscape
  • Geographic segmentation

Geographic comparison

  • Middle East - Market size and forecast 2019-2024
  • Africa - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Volume driver - Demand led growth
  • Market challenges
  • Market trends

Vendor Landscape

  • Overview
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Al Shahin Co. for Metal Industries
  • Astra Industrial Group
  • Building System Integration Ltd.
  • Mabani Steel LLC
  • Salam International Investment Ltd.
  • Tamimi Group
  • Vibgyor International FZ LLC
  • Wsteel Structures Ltd.
  • Yusuf A. Alghanim & Sons WLL
  • Zamil Industrial Investment Co.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

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Source: businesswire.com