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Global Light Gauge Steel Framing Market Report 2024

Light Gauge Steel Framing Global Market Report 2024 – By Type (Skeleton, Wall Bearing, Long Span), By End-Use (Commercial, Residential, Industrial) – Market Size, Trends, And Global Forecast 2024-2033

Light Gauge Steel Framing Global Market Report 2024

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Light Gauge Steel Framing Market Definition

The light gauge steel framing refers to a steel-framed wall system manufactured from cold-rolled load bearing. They are used for wall systems, roof panels, floor systems, or entire buildings. The advantages of LGSF include lightweight, easy transportation, lower construction cost, and high strength and durability.

The main types of light gauge steel framing skeleton, wall bearing, and long span. A bearing wall, also known as a load-bearing wall or structural wall, supports the house's weight from top to bottom. This wall helps distribute the weight of the building from the roof to the base, and its removal could cause it to collapse. The end-user of light gauge steel framing includes commercial, residential, and industrial.

Light Gauge Steel Framing Market Segmentation

The light gauge steel framing market covered in this report is segmented –

1) By Type: Skeleton, Wall Bearing, Long Span

2) By End-Use: Commercial, Residential, Industrial

Global Light Gauge Steel Framing  Market Size 2023 to 2028: Graph

Light Gauge Steel Framing Market Size 2024 And Growth Rate

The light gauge steel framing market size has grown steadily in recent years. It will grow from $34.67 billion in 2023 to $35.79 billion in 2024 at a compound annual growth rate (CAGR) of 3.2%. The growth in the historic period can be attributed to industrialization and urbanization, housing market trends, regulatory changes and standards, economic cycles and construction industry, consumer preferences and aesthetics.

Light Gauge Steel Framing Market Growth Forecast

The light gauge steel framing market size is expected to see steady growth in the next few years. It will grow to $40.87 billion in 2028 at a compound annual growth rate (CAGR) of 3.4%. The growth in the forecast period can be attributed to industry collaboration and standards development, urbanization and population growth, shift in construction techniques, prefabricated and modular construction, resilience to natural disasters. Major trends in the forecast period include skilled labor availability, sustainable construction, modular and prefabricated construction, rise in urbanization, energy efficiency standards.

Light Gauge Steel Framing Market Driver: Construction Surge Drives Growth In Light Gauge Steel Framing Market

The rising construction activities are expected to drive the growth of the light gauge steel framing market. Cold-formed steel is widely used as the principal construction material in the light gauge steel frame for roofs, floors, walls, roof panels, decks, and the complete structures of buildings. The rapid growth in construction is expected to boost the utilization of light gauge steel framing, as these are an essential part of construction activities. For instance, in October 2021, according to a report published by Oxford Economics, a UK-based economic information services company, the global construction output was $10.7 trillion in 2020, and between 2020 and 2030, it is anticipated to increase by 42%, or $4.5 trillion, to reach USD 15.2 trillion. Therefore, an increase in construction activities is expected to boost demand for light gauge steel framing during the forecast period.

Light Gauge Steel Framing Market Driver: Resilience Against Catastrophic Events Is Anticipated To Fuel The Light Gauge Steel Framing Market

The resilience against catastrophic events is anticipated to fuel the light gauge steel framing market. Catastrophic events are sudden, widespread, and severe occurrences, often resulting in significant damage, loss of life, and long-term societal impact. Light gauge steel framing enhances structural resilience against catastrophic events by providing a durable and flexible construction solution that can withstand severe forces and contribute to overall building resilience. For instance, in March 2023, according to the ReliefWeb, a US-based humanitarian information portal, there were a total of 387 catastrophic events in 2022, which was higher than the average of 370 from registered previous years. Therefore, resilience against catastrophic events is driving the light gauge steel framing market.

Global Light Gauge Steel Framing Market Major Players

Major companies operating in the light gauge steel framing market report are ArcelorMittal S.A., HONGLU STEEL STRUCTURE, Jinggong Steel, ZHEJIANG SOUTHEAST SPACE FRAME Co LTD., Clarkwestern Dietrich Building Systems Ltd., China State Construction Engineering Corporation Ltd., Precision Walls Inc., HangXiao Steel Structure Co Ltd., SCAFFO Steel Stud Company, QSI Interiors Ltd., MRI Steel Framing LLC, Super Stud Building Products Inc., Quail Run Building Materials Inc., Genesis Manazil Steel Framing LLC, 8 Diamonds Steel Framing Ltd., Arkitech Advanced Construction Technologies, CEMCO-California Expanded Metal Products Inc., Craco Metal Supply Inc., DCM Metal Corp, E PACK Prefabricated Buildings Co Ltd., FRAMECAD Ltd., Hadley Industries Ltd., Intelligent Steel Solutions Ltd., Metek plc, Nakayama Mitsubishi Steel Co Ltd., Steel Frame Solutions LLC, Tata BlueScope Steel Limited, The Steel Network Inc., WARE Industries Inc.

Global Light Gauge Steel Framing Market Trend: Technological Advancements Propel Growth In Light Gauge Steel Framing Market

Technological innovation is a key trend gaining popularity in the light gauge steel framing market. Technological innovations in light gauge steel framing include the development of new products using the latest technology such as modular light gauge steel solutions, which offer additional features such as dimension flexibility, multiple design options, and others. Technological innovations enable companies to offer advanced products with additional benefits and increase their customer reach. For instance, in January 2022, CRATE Modular Inc., a US-based manufacturer of modular construction components launched a new light gauge steel solution, a cold-formed steel methodology. This new methodology is unique due to its flexibility in dimensions and offers additional design options. With the introduction of its new cold-formed steel process, CRATE attained additional ability to offer more innovative solutions to its customers.

Global Light Gauge Steel Framing Market Trend: Innovative System To Revolutionize Offsite Construction

Major companies in the light gauge steel framing market are focused on developing innovative systems, such as panelized systems, to revolutionize offsite construction and maximize their profits in the market. A panelized system is a construction method where building components, such as walls and floors, are prefabricated in panels offsite and then assembled on-site for greater efficiency and speed. For instance, in May 2022, Intrastack, a UK-based provider of frame systems, launched a panelized steel-frame system for the UK's building sector, facilitating the efficient construction of multi-storey, multi-occupancy residential and commercial projects. This light gauge steel frame is certified by NHBC Stage 1, offers flexibility for various building types, and achieves 120 minutes of fire performance. Manufactured at Saint-Gobain's Modern Methods of Construction facility, these panelized systems enhance construction speed by up to 50% compared to traditional methods.

Light Gauge Steel Framing Market Merger And Acquisition:

Etex Strengthens Offsite Construction Presence With Acquisition Of Sigmat Limited

In August 2021, Etex, a Belgium-based building material manufacturer acquired Sigmat Limited for an undisclosed amount. This acquisition enhances Etex’s position and growth in the offsite construction market in the UK and Ireland. The acquisition also matches Etex’s goal to become a global leader in offsite construction. Sigmat Limited is a UK-based manufacturer of light gauge steel framing (LGSF).

Regional Insights For The Global Light Gauge Steel Framing Market

Asia-Pacific was the largest region in the light gauge steel framing market in 2023, and it is also expected to be the fastest-growing region in the forecast period. The regions covered in the light gauge steel framing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the light gauge steel framing market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The light gauge steel framing market consists of sales of wall system, flooring system, light gauge steel coating, and accessories. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The light gauge steel framing market research report is one of a series of new reports from The Business Research Company that provides light gauge steel framing market statistics, including light gauge steel framing industry global market size, regional shares, competitors with a light gauge steel framing market share, detailed light gauge steel framing market segments, market trends and opportunities, and any further data you may need to thrive in the light gauge steel framing industry. This light gauge steel framing market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Light Gauge Steel Framing Market Report Forecast And Analysis
Report AttributeDetails
Market Size Value In 2024 $35.79 billion
Revenue Forecast In 2033 $40.87 billion
Growth Rate CAGR of 3.4% from 2024 to 2033
Base Year For Estimation 2023
Actual Estimates/Historical Data 2018-2023
Forecast Period 2024 - 2028 - 2033
Market Representation Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered 1) By Type: Skeleton, Wall Bearing, Long Span
2) By End-Use: Commercial, Residential, Industrial
Regional Scope Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Additional countries that can be covered in the report for an additional fee: Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled ArcelorMittal S.A.; HONGLU STEEL STRUCTURE; Jinggong Steel; ZHEJIANG SOUTHEAST SPACE FRAME CO. LTD.; Clarkwestern Dietrich Building Systems Ltd.; China State Construction Engineering Corporation Ltd.; Precision Walls Inc.; HangXiao Steel Structure Co. Ltd.; SCAFFO Steel Stud Company; QSI Interiors Ltd.; MRI Steel Framing LLC; Super Stud Building Products Inc.; Quail Run Building Materials Inc.; Genesis Manazil Steel Framing LLC; 8 Diamonds Steel Framing Ltd.; Arkitech Advanced Construction Technologies; CEMCO-California Expanded Metal Products Inc.; Craco Metal Supply Inc.; DCM Metal Corp.; E PACK Prefabricated Buildings Co. Ltd.; FRAMECAD Ltd.; Hadley Industries Ltd.; Intelligent Steel Solutions Ltd.; Metek plc; Nakayama Mitsuboshi Steel Co. Ltd.; Steel Frame Solutions LLC; Tata BlueScope Steel Limited; The Steel Network Inc.; WARE Industries Inc.
Customization ScopeRequest for Sample
Pricing And Purchase OptionsExplore Purchase Options

    Table Of Contents

    1. Executive Summary

    2. Light Gauge Steel Framing Market Characteristics

    3. Light Gauge Steel Framing Market Trends And Strategies

    4. Light Gauge Steel Framing Market - Macro Economic Scenario

    4.1. Impact Of High Inflation On The Market

    4.2. Ukraine-Russia War Impact On The Market

    4.3. COVID-19 Impact On The Market

    5. Global Light Gauge Steel Framing Market Size and Growth

    5.1. Global Light Gauge Steel Framing Market Drivers and Restraints

    5.1.1. Drivers Of The Market

    5.1.2. Restraints Of The Market

    5.2. Global Light Gauge Steel Framing Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

    5.3. Global Light Gauge Steel Framing Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

    6. Light Gauge Steel Framing Market Segmentation

    6.1. Global Light Gauge Steel Framing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Skeleton

    Wall Bearing

    Long Span

    6.2. Global Light Gauge Steel Framing Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Commercial

    Residential

    Industrial

    7. Light Gauge Steel Framing Market Regional And Country Analysis

    7.1. Global Light Gauge Steel Framing Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    7.2. Global Light Gauge Steel Framing Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8. Asia-Pacific Light Gauge Steel Framing Market

    8.1. Asia-Pacific Light Gauge Steel Framing Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Light Gauge Steel Framing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.3. Asia-Pacific Light Gauge Steel Framing Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    9. China Light Gauge Steel Framing Market

    9.1. China Light Gauge Steel Framing Market Overview

    9.2. China Light Gauge Steel Framing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.3. China Light Gauge Steel Framing Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    10. India Light Gauge Steel Framing Market

    10.1. India Light Gauge Steel Framing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.2. India Light Gauge Steel Framing Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11. Japan Light Gauge Steel Framing Market

    11.1. Japan Light Gauge Steel Framing Market Overview

    11.2. Japan Light Gauge Steel Framing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.3. Japan Light Gauge Steel Framing Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12. Australia Light Gauge Steel Framing Market

    12.1. Australia Light Gauge Steel Framing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.2. Australia Light Gauge Steel Framing Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13. Indonesia Light Gauge Steel Framing Market

    13.1. Indonesia Light Gauge Steel Framing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.2. Indonesia Light Gauge Steel Framing Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14. South Korea Light Gauge Steel Framing Market

    14.1. South Korea Light Gauge Steel Framing Market Overview

    14.2. South Korea Light Gauge Steel Framing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.3. South Korea Light Gauge Steel Framing Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15. Western Europe Light Gauge Steel Framing Market

    15.1. Western Europe Light Gauge Steel Framing Market Overview

    15.2. Western Europe Light Gauge Steel Framing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.3. Western Europe Light Gauge Steel Framing Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16. UK Light Gauge Steel Framing Market

    16.1. UK Light Gauge Steel Framing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.2. UK Light Gauge Steel Framing Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17. Germany Light Gauge Steel Framing Market

    17.1. Germany Light Gauge Steel Framing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.2. Germany Light Gauge Steel Framing Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18. France Light Gauge Steel Framing Market

    18.1. France Light Gauge Steel Framing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.2. France Light Gauge Steel Framing Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19. Italy Light Gauge Steel Framing Market

    19.1. Italy Light Gauge Steel Framing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.2. Italy Light Gauge Steel Framing Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20. Spain Light Gauge Steel Framing Market

    20.1. Spain Light Gauge Steel Framing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.2. Spain Light Gauge Steel Framing Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21. Eastern Europe Light Gauge Steel Framing Market

    21.1. Eastern Europe Light Gauge Steel Framing Market Overview

    21.2. Eastern Europe Light Gauge Steel Framing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.3. Eastern Europe Light Gauge Steel Framing Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22. Russia Light Gauge Steel Framing Market

    22.1. Russia Light Gauge Steel Framing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.2. Russia Light Gauge Steel Framing Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23. North America Light Gauge Steel Framing Market

    23.1. North America Light Gauge Steel Framing Market Overview

    23.2. North America Light Gauge Steel Framing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.3. North America Light Gauge Steel Framing Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24. USA Light Gauge Steel Framing Market

    24.1. USA Light Gauge Steel Framing Market Overview

    24.2. USA Light Gauge Steel Framing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.3. USA Light Gauge Steel Framing Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25. Canada Light Gauge Steel Framing Market

    25.1. Canada Light Gauge Steel Framing Market Overview

    25.2. Canada Light Gauge Steel Framing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.3. Canada Light Gauge Steel Framing Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26. South America Light Gauge Steel Framing Market

    26.1. South America Light Gauge Steel Framing Market Overview

    26.2. South America Light Gauge Steel Framing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.3. South America Light Gauge Steel Framing Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27. Brazil Light Gauge Steel Framing Market

    27.1. Brazil Light Gauge Steel Framing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.2. Brazil Light Gauge Steel Framing Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28. Middle East Light Gauge Steel Framing Market

    28.1. Middle East Light Gauge Steel Framing Market Overview

    28.2. Middle East Light Gauge Steel Framing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.3. Middle East Light Gauge Steel Framing Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29. Africa Light Gauge Steel Framing Market

    29.1. Africa Light Gauge Steel Framing Market Overview

    29.2. Africa Light Gauge Steel Framing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.3. Africa Light Gauge Steel Framing Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    30. Light Gauge Steel Framing Market Competitive Landscape And Company Profiles

    30.1. Light Gauge Steel Framing Market Competitive Landscape

    30.2. Light Gauge Steel Framing Market Company Profiles

    30.2.1. ArcelorMittal S.A.

    30.2.1.1. Overview

    30.2.1.2. Products and Services

    30.2.1.3. Strategy

    30.2.1.4. Financial Performance

    30.2.2. HONGLU STEEL STRUCTURE

    30.2.2.1. Overview

    30.2.2.2. Products and Services

    30.2.2.3. Strategy

    30.2.2.4. Financial Performance

    30.2.3. Jinggong Steel

    30.2.3.1. Overview

    30.2.3.2. Products and Services

    30.2.3.3. Strategy

    30.2.3.4. Financial Performance

    30.2.4. ZHEJIANG SOUTHEAST SPACE FRAME CO. LTD.

    30.2.4.1. Overview

    30.2.4.2. Products and Services

    30.2.4.3. Strategy

    30.2.4.4. Financial Performance

    30.2.5. Clarkwestern Dietrich Building Systems Ltd.

    30.2.5.1. Overview

    30.2.5.2. Products and Services

    30.2.5.3. Strategy

    30.2.5.4. Financial Performance

    31. Light Gauge Steel Framing Market Other Major And Innovative Companies

    31.1. China State Construction Engineering Corporation Ltd.

    31.2. Precision Walls Inc.

    31.3. HangXiao Steel Structure Co. Ltd.

    31.4. SCAFFO Steel Stud Company

    31.5. QSI Interiors Ltd.

    31.6. MRI Steel Framing LLC

    31.7. Super Stud Building Products Inc.

    31.8. Quail Run Building Materials Inc.

    31.9. Genesis Manazil Steel Framing LLC

    31.10. 8 Diamonds Steel Framing Ltd.

    31.11. Arkitech Advanced Construction Technologies

    31.12. CEMCO-California Expanded Metal Products Inc.

    31.13. Craco Metal Supply Inc.

    31.14. DCM Metal Corp

    31.15. E PACK Prefabricated Buildings Co. Ltd

    32. Global Light Gauge Steel Framing Market Competitive Benchmarking

    33. Global Light Gauge Steel Framing Market Competitive Dashboard

    34. Key Mergers And Acquisitions In The Light Gauge Steel Framing Market

    35. Light Gauge Steel Framing Market Future Outlook and Potential Analysis

    35.1 Light Gauge Steel Framing Market In 2028 - Countries Offering Most New Opportunities

    35.2 Light Gauge Steel Framing Market In 2028 - Segments Offering Most New Opportunities

    35.3 Light Gauge Steel Framing Market In 2028 - Growth Strategies

    35.3.1 Market Trend Based Strategies

    35.3.2 Competitor Strategies

    36. Appendix

    36.1. Abbreviations

    36.2. Currencies

    36.3. Historic And Forecast Inflation Rates

    36.4. Research Inquiries

    36.5. The Business Research Company

    36.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 3: Global Light Gauge Steel Framing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 4: Global Light Gauge Steel Framing Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 5: Global Light Gauge Steel Framing Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 6: Global Light Gauge Steel Framing Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 7: Asia-Pacific, Light Gauge Steel Framing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 8: Asia-Pacific, Light Gauge Steel Framing Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 9: China, Light Gauge Steel Framing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 10: China, Light Gauge Steel Framing Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 11: India, Light Gauge Steel Framing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 12: India, Light Gauge Steel Framing Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 13: Japan, Light Gauge Steel Framing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 14: Japan, Light Gauge Steel Framing Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 15: Australia, Light Gauge Steel Framing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 16: Australia, Light Gauge Steel Framing Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 17: Indonesia, Light Gauge Steel Framing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 18: Indonesia, Light Gauge Steel Framing Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 19: South Korea, Light Gauge Steel Framing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 20: South Korea, Light Gauge Steel Framing Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 21: Western Europe, Light Gauge Steel Framing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 22: Western Europe, Light Gauge Steel Framing Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 23: UK, Light Gauge Steel Framing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 24: UK, Light Gauge Steel Framing Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 25: Germany, Light Gauge Steel Framing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 26: Germany, Light Gauge Steel Framing Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 27: France, Light Gauge Steel Framing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 28: France, Light Gauge Steel Framing Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 29: Italy, Light Gauge Steel Framing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 30: Italy, Light Gauge Steel Framing Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 31: Spain, Light Gauge Steel Framing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 32: Spain, Light Gauge Steel Framing Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 33: Eastern Europe, Light Gauge Steel Framing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 34: Eastern Europe, Light Gauge Steel Framing Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 35: Russia, Light Gauge Steel Framing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 36: Russia, Light Gauge Steel Framing Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 37: North America, Light Gauge Steel Framing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 38: North America, Light Gauge Steel Framing Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 39: USA, Light Gauge Steel Framing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 40: USA, Light Gauge Steel Framing Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 41: Canada, Light Gauge Steel Framing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 42: Canada, Light Gauge Steel Framing Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 43: South America, Light Gauge Steel Framing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 44: South America, Light Gauge Steel Framing Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 45: Brazil, Light Gauge Steel Framing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 46: Brazil, Light Gauge Steel Framing Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 47: Middle East, Light Gauge Steel Framing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 48: Middle East, Light Gauge Steel Framing Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 49: Africa, Light Gauge Steel Framing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 50: Africa, Light Gauge Steel Framing Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 51: ArcelorMittal S.A. Financial Performance
  • Table 52: HONGLU STEEL STRUCTURE Financial Performance
  • Table 53: Jinggong Steel Financial Performance
  • Table 54: ZHEJIANG SOUTHEAST SPACE FRAME CO. LTD. Financial Performance
  • Table 55: Clarkwestern Dietrich Building Systems Ltd. Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 3: Global Light Gauge Steel Framing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 4: Global Light Gauge Steel Framing Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 5: Global Light Gauge Steel Framing Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 6: Global Light Gauge Steel Framing Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 7: Asia-Pacific, Light Gauge Steel Framing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 8: Asia-Pacific, Light Gauge Steel Framing Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 9: China, Light Gauge Steel Framing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 10: China, Light Gauge Steel Framing Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 11: India, Light Gauge Steel Framing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 12: India, Light Gauge Steel Framing Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 13: Japan, Light Gauge Steel Framing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 14: Japan, Light Gauge Steel Framing Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 15: Australia, Light Gauge Steel Framing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 16: Australia, Light Gauge Steel Framing Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 17: Indonesia, Light Gauge Steel Framing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 18: Indonesia, Light Gauge Steel Framing Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 19: South Korea, Light Gauge Steel Framing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 20: South Korea, Light Gauge Steel Framing Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 21: Western Europe, Light Gauge Steel Framing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 22: Western Europe, Light Gauge Steel Framing Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 23: UK, Light Gauge Steel Framing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 24: UK, Light Gauge Steel Framing Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 25: Germany, Light Gauge Steel Framing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 26: Germany, Light Gauge Steel Framing Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 27: France, Light Gauge Steel Framing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 28: France, Light Gauge Steel Framing Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 29: Italy, Light Gauge Steel Framing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 30: Italy, Light Gauge Steel Framing Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 31: Spain, Light Gauge Steel Framing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 32: Spain, Light Gauge Steel Framing Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 33: Eastern Europe, Light Gauge Steel Framing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 34: Eastern Europe, Light Gauge Steel Framing Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 35: Russia, Light Gauge Steel Framing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 36: Russia, Light Gauge Steel Framing Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 37: North America, Light Gauge Steel Framing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 38: North America, Light Gauge Steel Framing Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 39: USA, Light Gauge Steel Framing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 40: USA, Light Gauge Steel Framing Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 41: Canada, Light Gauge Steel Framing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 42: Canada, Light Gauge Steel Framing Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 43: South America, Light Gauge Steel Framing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 44: South America, Light Gauge Steel Framing Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 45: Brazil, Light Gauge Steel Framing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 46: Brazil, Light Gauge Steel Framing Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 47: Middle East, Light Gauge Steel Framing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 48: Middle East, Light Gauge Steel Framing Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 49: Africa, Light Gauge Steel Framing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 50: Africa, Light Gauge Steel Framing Market, Segmentation By End-Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 51: ArcelorMittal S.A. Financial Performance
  • Figure 52: HONGLU STEEL STRUCTURE Financial Performance
  • Figure 53: Jinggong Steel Financial Performance
  • Figure 54: ZHEJIANG SOUTHEAST SPACE FRAME CO. LTD. Financial Performance
  • Figure 55: Clarkwestern Dietrich Building Systems Ltd. Financial Performance
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Frequently Asked Questions

What is the definition of the light gauge steel framing market?

The light gauge steel framing refers to a steel-framed wall system manufactured from cold-rolled load bearing. They are used for wall systems, roof panels, floor systems, or entire buildings. The advantages of LGSF include lightweight, easy transportation, lower construction cost, and high strength and durability. For further insights on the light gauge steel framing market, request a sample here

How will the light gauge steel framing market drivers and restraints affect the light gauge steel framing market dynamics? What forces will shape the light gauge steel framing industry going forward?

The light gauge steel framing market major growth driver - construction surge drives growth in light gauge steel framing market. For further insights on the light gauge steel framing market, request a sample here

What is the forecast market size or the forecast market value of the light gauge steel framing market ?

The light gauge steel framing market size has grown steadily in recent years. It will grow from $34.67 billion in 2023 to $35.79 billion in 2024 at a compound annual growth rate (CAGR) of 3.2%. The growth in the historic period can be attributed to industrialization and urbanization, housing market trends, regulatory changes and standards, economic cycles and construction industry, consumer preferences and aesthetics. The light gauge steel framing market size is expected to see steady growth in the next few years. It will grow to $40.87 billion in 2028 at a compound annual growth rate (CAGR) of 3.4%. The growth in the forecast period can be attributed to industry collaboration and standards development, urbanization and population growth, shift in construction techniques, prefabricated and modular construction, resilience to natural disasters. Major trends in the forecast period include skilled labor availability, sustainable construction, modular and prefabricated construction, rise in urbanization, energy efficiency standards. For further insights on the light gauge steel framing market, request a sample here

How is the light gauge steel framing market segmented?

The light gauge steel framing market is segmented
1) By Type: Skeleton, Wall Bearing, Long Span
2) By End-Use: Commercial, Residential, IndustrialFor further insights on the light gauge steel framing market,
request a sample here

Which region has the largest share of the light gauge steel framing market? What are the other regions covered in the report?

Asia-Pacific was the largest region in the light gauge steel framing market in 2023, and it is also expected to be the fastest-growing region in the forecast period. The regions covered in the light gauge steel framing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the light gauge steel framing market, request a sample here.

Who are the major players in the light gauge steel framing market?

Major companies operating in the light gauge steel framing market report are ArcelorMittal S.A., HONGLU STEEL STRUCTURE, Jinggong Steel, ZHEJIANG SOUTHEAST SPACE FRAME Co LTD., Clarkwestern Dietrich Building Systems Ltd., China State Construction Engineering Corporation Ltd., Precision Walls Inc., HangXiao Steel Structure Co Ltd., SCAFFO Steel Stud Company, QSI Interiors Ltd., MRI Steel Framing LLC, Super Stud Building Products Inc., Quail Run Building Materials Inc., Genesis Manazil Steel Framing LLC, 8 Diamonds Steel Framing Ltd., Arkitech Advanced Construction Technologies, CEMCO-California Expanded Metal Products Inc., Craco Metal Supply Inc., DCM Metal Corp, E PACK Prefabricated Buildings Co Ltd., FRAMECAD Ltd., Hadley Industries Ltd., Intelligent Steel Solutions Ltd., Metek plc, Nakayama Mitsubishi Steel Co Ltd., Steel Frame Solutions LLC, Tata BlueScope Steel Limited, The Steel Network Inc., WARE Industries Inc. For further insights on the light gauge steel framing market, request a sample here.

What are the key trends in the light gauge steel framing market?

Major trend in the light gauge steel framing market - innovative system to revolutionize offsite construction. For further insights on the light gauge steel framing market, request a sample here.

What are the major opportunities in the light gauge steel framing market? What are the strategies for the light gauge steel framing market?

For detailed insights on the major opportunities and strategies in the light gauge steel framing market, request a sample here.

How does the light gauge steel framing market relate to the overall economy and other similar markets?

For detailed insights on light gauge steel framing market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the light gauge steel framing industry?

For detailed insights on the mergers and acquisitions in the light gauge steel framing industry, request a sample here.

What are the key dynamics influencing the light gauge steel framing market growth? SWOT analysis of the light gauge steel framing market.

For detailed insights on the key dynamics influencing the light gauge steel framing market growth and SWOT analysis of the light gauge steel framing industry, request a sample here.