The North America Light Gauge Steel Framing Market would witness market growth of 3.8% CAGR during the forecast period (2021-2027).
In today's world of rapid change and decreasing resources, it is more crucial than ever to use resources wisely and work with the most environmentally friendly technologies. Construction of critical infrastructure while keeping an eye on the environment and working under a tight deadline highlighted the need for unorthodox and unique construction methods that are also effective.
Due to the improved strength of frame material, these products are expected to have a wider range of applications in the industrial, commercial, and residential sectors in the next years, allowing them to be used in the construction of structures with more than three floors.
Owing to the pre-fabricated structures, building projects that employ light gauge steel framing take less time to complete than those that use concrete or wood as structural support. As a result, product demand is expected to increase throughout the projection period. One of the primary reasons driving market is the desire to reduce the manufacturing costs associated with building construction.
The US market dominated the North America Light Gauge Steel Framing Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $7,230.9 million by 2027. The Canada market is expected to witness a CAGR of 6.1% during (2021 - 2027). Additionally, The Mexico market would showcase a CAGR of 5.2% during (2021 - 2027).
Based on Type, the market is segmented into Wall Bearing, Skeleton, and Long Span. Based on End Use, the market is segmented into Residential, Industrial, and Commercial. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Light Gauge Steel Framing Market is Estimated to reach $42.8 Billion by 2027, at a CAGR of 4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include SCAFCO Steel Stud Company, The Steel Network, Inc., WARE Industries, Inc., Precision, Walls, Inc., Hadley Industries Holdings Ltd., FRAMECAD Limited, CRACO Manufacturing, Inc., and California Expanded Metal Products Co.
Scope of the Study
Market Segments Covered in the Report:
By Type
- Wall Bearing
- Skeleton
- Long Span
By End Use
- Residential
- Industrial
- Commercial
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- SCAFCO Steel Stud Company
- The Steel Network, Inc.
- WARE Industries, Inc.
- Precision, Walls, Inc.
- Hadley Industries Holdings Ltd.
- FRAMECAD Limited
- CRACO Manufacturing, Inc.
- California Expanded Metal Products Co.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Light Gauge Steel Framing Market, by Type
1.4.2 North America Light Gauge Steel Framing Market, by End Use
1.4.3 North America Light Gauge Steel Framing Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. North America Light Gauge Steel Framing Market by Type
3.1 North America Light Gauge Steel Framing Wall Bearing Market by Country
3.2 North America Light Gauge Steel Framing Skeleton Market by Country
3.3 North America Light Gauge Steel Framing Long Span Market by Country
Chapter 4. North America Light Gauge Steel Framing Market by End Use
4.1 North America Residential Light Gauge Steel Framing Market by Country
4.2 North America Industrial Light Gauge Steel Framing Market by Country
4.3 North America Commercial Light Gauge Steel Framing Market by Country
Chapter 5. North America Light Gauge Steel Framing Market by Country
5.1 US Light Gauge Steel Framing Market
5.1.1 US Light Gauge Steel Framing Market by Type
5.1.2 US Light Gauge Steel Framing Market by End Use
5.2 Canada Light Gauge Steel Framing Market
5.2.1 Canada Light Gauge Steel Framing Market by Type
5.2.2 Canada Light Gauge Steel Framing Market by End Use
5.3 Mexico Light Gauge Steel Framing Market
5.3.1 Mexico Light Gauge Steel Framing Market by Type
5.3.2 Mexico Light Gauge Steel Framing Market by End Use
5.4 Rest of North America Light Gauge Steel Framing Market
5.4.1 Rest of North America Light Gauge Steel Framing Market by Type
5.4.2 Rest of North America Light Gauge Steel Framing Market by End Use
Chapter 6. Company Profiles
6.1 SCAFCO Steel Stud Company
6.1.1 Company Overview
6.2 The Steel Network, Inc.
6.2.1 Company Overview
6.3 WARE Industries, Inc.
6.3.1 Company Overview
6.4 Precision Walls, Inc.
6.4.1 Company Overview
6.5 Hadley Industries Holdings Ltd.
6.5.1 Company Overview
6.6 FRAMECAD Limited
6.6.1 Company Overview
6.7 Craco Manufacturing, Inc.
6.7.1 Company Overview
6.8 California Expanded Metal Products Co. (CEMCO)
6.8.1 Company Overview
TABLE 1 North America Light Gauge Steel Framing Market, 2017 - 2020, USD Million
TABLE 2 North America Light Gauge Steel Framing Market, 2021 - 2027, USD Million
TABLE 3 North America Light Gauge Steel Framing Market by Type, 2017 - 2020, USD Million
TABLE 4 North America Light Gauge Steel Framing Market by Type, 2021 - 2027, USD Million
TABLE 5 North America Light Gauge Steel Framing Wall Bearing Market by Country, 2017 - 2020, USD Million
TABLE 6 North America Light Gauge Steel Framing Wall Bearing Market by Country, 2021 - 2027, USD Million
TABLE 7 North America Light Gauge Steel Framing Skeleton Market by Country, 2017 - 2020, USD Million
TABLE 8 North America Light Gauge Steel Framing Skeleton Market by Country, 2021 - 2027, USD Million
TABLE 9 North America Light Gauge Steel Framing Long Span Market by Country, 2017 - 2020, USD Million
TABLE 10 North America Light Gauge Steel Framing Long Span Market by Country, 2021 - 2027, USD Million
TABLE 11 North America Light Gauge Steel Framing Market by End Use, 2017 - 2020, USD Million
TABLE 12 North America Light Gauge Steel Framing Market by End Use, 2021 - 2027, USD Million
TABLE 13 North America Residential Light Gauge Steel Framing Market by Country, 2017 - 2020, USD Million
TABLE 14 North America Residential Light Gauge Steel Framing Market by Country, 2021 - 2027, USD Million
TABLE 15 North America Industrial Light Gauge Steel Framing Market by Country, 2017 - 2020, USD Million
TABLE 16 North America Industrial Light Gauge Steel Framing Market by Country, 2021 - 2027, USD Million
TABLE 17 North America Commercial Light Gauge Steel Framing Market by Country, 2017 - 2020, USD Million
TABLE 18 North America Commercial Light Gauge Steel Framing Market by Country, 2021 - 2027, USD Million
TABLE 19 North America Light Gauge Steel Framing Market by Country, 2017 - 2020, USD Million
TABLE 20 North America Light Gauge Steel Framing Market by Country, 2021 - 2027, USD Million
TABLE 21 US Light Gauge Steel Framing Market, 2017 - 2020, USD Million
TABLE 22 US Light Gauge Steel Framing Market, 2021 - 2027, USD Million
TABLE 23 US Light Gauge Steel Framing Market by Type, 2017 - 2020, USD Million
TABLE 24 US Light Gauge Steel Framing Market by Type, 2021 - 2027, USD Million
TABLE 25 US Light Gauge Steel Framing Market by End Use, 2017 - 2020, USD Million
TABLE 26 US Light Gauge Steel Framing Market by End Use, 2021 - 2027, USD Million
TABLE 27 Canada Light Gauge Steel Framing Market, 2017 - 2020, USD Million
TABLE 28 Canada Light Gauge Steel Framing Market, 2021 - 2027, USD Million
TABLE 29 Canada Light Gauge Steel Framing Market by Type, 2017 - 2020, USD Million
TABLE 30 Canada Light Gauge Steel Framing Market by Type, 2021 - 2027, USD Million
TABLE 31 Canada Light Gauge Steel Framing Market by End Use, 2017 - 2020, USD Million
TABLE 32 Canada Light Gauge Steel Framing Market by End Use, 2021 - 2027, USD Million
TABLE 33 Mexico Light Gauge Steel Framing Market, 2017 - 2020, USD Million
TABLE 34 Mexico Light Gauge Steel Framing Market, 2021 - 2027, USD Million
TABLE 35 Mexico Light Gauge Steel Framing Market by Type, 2017 - 2020, USD Million
TABLE 36 Mexico Light Gauge Steel Framing Market by Type, 2021 - 2027, USD Million
TABLE 37 Mexico Light Gauge Steel Framing Market by End Use, 2017 - 2020, USD Million
TABLE 38 Mexico Light Gauge Steel Framing Market by End Use, 2021 - 2027, USD Million
TABLE 39 Rest of North America Light Gauge Steel Framing Market, 2017 - 2020, USD Million
TABLE 40 Rest of North America Light Gauge Steel Framing Market, 2021 - 2027, USD Million
TABLE 41 Rest of North America Light Gauge Steel Framing Market by Type, 2017 - 2020, USD Million
TABLE 42 Rest of North America Light Gauge Steel Framing Market by Type, 2021 - 2027, USD Million
TABLE 43 Rest of North America Light Gauge Steel Framing Market by End Use, 2017 - 2020, USD Million
TABLE 44 Rest of North America Light Gauge Steel Framing Market by End Use, 2021 - 2027, USD Million
TABLE 45 Key information – SCAFCO Steel Stud Company
TABLE 46 Key information –The Steel Network, Inc.
TABLE 47 Key information – WARE Industries, Inc.
TABLE 48 Key information –Precision Walls Inc.
TABLE 49 Key information – Hadley Industries Holdings Ltd.
TABLE 50 Key information – FRAMECAD Limited
TABLE 51 Key information – Craco manufacturing, inc.
TABLE 52 Key information – California Expanded Metal Products Co.
List of Figures
FIG 1 Methodology for the research