Light Gauge Steel Framing Market Size [2028] To Reach USD 48.21 BillionPosted by rahul nikade on August 2nd, 2022 Light Gauge Steel Framing Industry Overview The global light gauge steel framing market size is expected to reach USD 48.21 billion by 2028, registering a CAGR of 4.6% over the forecast period, according to a new report by Grand View Research, Inc. The development of advanced materials with capabilities that offer safety as well as strong structural support will augment the market growth over the forecast years. The Covid-19 pandemic has had a significant impact on the market in 2020. Several manufacturing companies reported a notable drop in their revenues for Q1 and Q2 of the year 2020. However, the market witnessed growth in the latter part of Q3 and the beginning of Q4 of 2020. Key players in the market emphasize more on expanding their market presence through mergers and acquisitions. Light Gauge Steel Framing Market Segmentation Grand View Research has segmented the global light gauge steel framing market on the basis of type, end-use, and region: Based on the Type Insights, the market is segmented into Skeleton, Wall Bearing, Long Span.
Based on the End-use Insights, the market is segmented into Commercial, Residential, Industrial.
Light Gauge Steel Framing Regional Outlook
Key Companies Profile & Market Share Insights Major companies focus on increasing their market share and thus, undertake various initiatives and adopt different strategies. These strategies include partnerships, R&D investments, mergers and acquisitions, the development of new products and services, and competitive product pricing. Some prominent players in the global light gauge steel framing market include
Order a free sample PDF of the Light Gauge Steel Framing Market Intelligence Study, published by Grand View Research. About Grand View Research Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead. Contact: Sherry James Corporate Sales Specialist, USA Grand View Research, Inc. Phone: 1-415-349-0058 Toll Free: 1-888-202-9519 Email: sales@grandviewresearch.com Like it? Share it!More by this author |