Page 70 - CO_February_2022

PRE-ENGINEERED BUILDINGS
LEAD STORY
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Pre-engineered Buildings –

Smart & Sustainable

Amid the COVID-19 crisis, the global market for pre-engineered
buildings, estimated at $27.1 billion in the year 2020, is projected to
touch $53.3 billion by 2027, growing at a CAGR of 10.1% over the
period 2020-2027. Being bullish like the rest of the world, the Indian
pre-engineered buildings market is projected to be worth $48.4 billion
by 2030, registering a CAGR of 11.66%. The market was valued
at $18.1 billion in 2021. Backed by factors such as flexibility, cost-
effectiveness, time-efficient, eco-friendly, pre-engineered buildings
are surely the future of construction writes, PRERNA SHARMA.

74 CONSTRUCTION OPPORTUNITIES|FEBRUARY 2022