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Increasing population, growing urbanization, and industrialization has increased the demand for pre-engineered building (PEB) solutions across the globe.
A significant increase in disposable income, and construction & renovation of residential buildings drive the growth of PEB market.
The rising demand for warehouses owing to increasing penetration of e-commerce, and growing need to reduce building time and costs, supports the PEB market growth.
The growing trend towards green buildings and use of sustainable building material increases the adoption of PEB solutions.
The increasing investments in investment of smart buildings, and increasing demand from industrial, automotive, and agriculture industries further accelerate the PEB market growth.
Increasing demand in developing nations, and growth in global construction industry is expected provide numerous growth opportunities in the global PEB market.