North America Light Gauge Steel Framing Market Size & Outlook
The light gauge steel framing market in North America is expected to reach a projected revenue of US$ 12,869.3 million by 2030. A compound annual growth rate of 4.6% is expected of North America light gauge steel framing market from 2024 to 2030.
Revenue, 2023 (US$M)
$9,373.4
Forecast, 2030 (US$M)
$12,869.3
CAGR, 2024 - 2030
4.6%
Report Coverage
North America
North America Light Gauge Steel Framing Market, 2017-2030 (US$M)
Global Market
Related Markets
North America light gauge steel framing market highlights
- The North America light gauge steel framing market generated a revenue of USD 9,373.4 million in 2023.
- The market is expected to grow at a CAGR of 4.6% from 2024 to 2030.
- In terms of segment, wall bearing steel framing was the largest revenue generating type in 2023.
- Skeleton steel framing is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 9,373.4 million |
| Market revenue in 2030 | USD 12,869.3 million |
| Growth rate | 4.6% (CAGR from 2023 to 2030) |
| Largest segment | Wall bearing steel framing |
| Fastest growing segment | Skeleton steel framing |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Skeleton steel framing, Wall bearing steel framing, Long span steel framing |
| Key market players worldwide | Arkitech, Tata BlueScope Steel, ClarkDietrich Building Systems, Hadley Group, QSI Interiors, Steel Frame Solutions, The Steel Network, CEMCO, Genesis Manazil, Precision Walls, Inc., Metek |
Other key industry trends
- In terms of revenue, North America region accounted for 25.1% of the global light gauge steel framing market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 25,431.0 million by 2030.
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Light Gauge Steel Framing Market Scope
Light Gauge Steel Framing Market segmentation & scope
Light Gauge Steel Framing Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Arkitech | View profile | - | Amsterdam, Noord-Holland, The Netherlands, Europe | www.arkitech.eu |
| Tata BlueScope Steel | View profile | 1001-5000 | Pune, Maharashtra, India, Asia | www.tatabluescopesteel.com/ |
| ClarkDietrich Building Systems | View profile | 251-500 | West Chester, Ohio, United States, North America | www.clarkdietrich.com/ |
| Hadley Group | View profile | 501-1000 | Smethwick, Sandwell, United Kingdom, Europe | www.hadleygroup.com |
| QSI Interiors | View profile | 251-500 | Winnipeg, Manitoba, Canada, North America | qsiinteriors.com |
| Steel Frame Solutions | View profile | 11-50 | Kent, Kent, United Kingdom, Europe | www.steelframesolutions.co.uk |
| The Steel Network | View profile | 101-250 | Durham, North Carolina, United States, North America | steelnetwork.com |
| CEMCO | View profile | 251-500 | Los Angeles, California, United States, North America | cemcosteel.com/ |
| Genesis Manazil | View profile | 101-250 | Musaffah, Abu Dhabi, United Arab Emirates, Asia | www.genesismanazil.com/ |
| Precision Walls, Inc. | View profile | 501-1000 | Cary, North Carolina, United States, North America | precisionwalls.com |
North America Light Gauge Steel Framing Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Light Gauge Steel Framing Market Outlook will help companies and investors design strategic landscapes.
Wall Bearing Steel Framing was the largest segment with a revenue share of 44.6% in 2023.
Horizon Databook has segmented the North America light gauge steel framing market based on skeleton steel framing, wall bearing steel framing, long span steel framing covering the revenue growth of each sub-segment from 2017 to 2030.
- North America Light Gauge Steel Framing Market Type Outlook (Revenue, USD Million , 2017-2030)
- Skeleton steel framing
- Wall bearing steel framing
- Long span steel framing
- North America Light Gauge Steel Framing Market End-Use Outlook (Revenue, USD Million , 2017-2030)
- Commercial
- Residential
- Industrial
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America Light Gauge Steel Framing Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into North America Light Gauge Steel Framing Market Outlook from 2017 to 2030, including revenue numbers, major trends, and company profiles.
North America Light Gauge Steel Framing Market, 2017-2030 (US$M)
North America light gauge steel framing market statistics, by type, 2017-2030 (US$M)
