Pre-Engineered buildings market is expected to grow at a CAGR of 7 percent by 2025. In terms of present market dynamics, how are we moving towards the numbers? 

Pre-Engineered Buildings market is thriving with market is anticipated to cross US$ 5.7 billion by 2025, according to a recent report by Market Future Research. The sector being highly responsible for propelling India’s overall development, and enjoy intense focus from the government to ensure time-bound creation of modernised infrastructure in the country. 

The PEB industry has exceeded consumer expectation and redefined affordability for construction. With the increasing acceptability and gaining popularity, the pre-engineered building segment has ventured into many other applications for industrial and domestic segments. JBFS Engineering Systems is witnessing a growth of 23.1 percent in pre-engineered building sales, with the company being able to achieve economies of scale and further investing in highly sophisticated manufacturing facilities, equipped with fully automated production empowering us to deliver higher volumes at lower rates within minimal lead time. 

Pandemic has enabled digitisation to take over the industrial operations to a great extent. What are its impacts on the infrastructure and PEB sector? 

JBFS Engineering Systems has been in the forefront of technological innovation with the company equipping all its facilities with high levels of automation, in line with the Industry 4.0 demands. With our fully automated production capabilities, we will be able to deliver higher volumes at lower rates within shorter lead times. All operations at all our PEB manufacturing facilities are controlled through advanced CAM systems. JBFS Engineering Systems has also introduced project management and monitoring software allowing all her customers to have a bird’s eye view of the work progress. The unique advantage of providing an integrated solution being the onestop manufacturer for all the PEB components is ensuring that once the customers come to us, all they have to do thereafter is relax. 

What are the opportunities and challenges being faced in the PEB sector, in terms of investments and regulations? 

Steel forms a major component and key raw material of any pre-engineered buildings. The volatility of the current steel prices has had an impact on the cost of PEB structures and business sustenance. JBFS Engineering Systems has been able to shield its client from the volatility and provide a consistent experience through the numerous MoUs signed with raw material manufacturers and other service provides. JBFS Engineering Systems takes a systematic approach to construction, with every step planned and executed in harmony, to reduce cost and construction time. 

What are the key significant factors in redefining the business prospects for the infrastructure and PEB sector? 

Factors driving the market growth include the growth anticipated in the PEB industry, increasing foreign investments, growth of e-commerce companies and the rising number of smart city projects in the country. With the increasing acceptability and gaining popularity, the pre-engineered buildings have ventured into many other applications for different industry segments. To a little surprise that manufacturers are on their toes to improve their offerings and ensuring affordability to consumers. 

Can technology be the X factor in developing the future of PEB assisted infrastructure?

Technology has already started to be the X factor in developing the future of PEB infrastructure at JBFS Engineering Systems. The PEB structural components at our manufacturing facility are made using specific, fully automated CNC machines, which enable a clear and concise construction with pre-configured structural elements using advanced software along with project management software to align all aspects construction to provide smooth and optimum service to our customers. The process focuses on long-lasting, reliable and low maintenance steel structures, which are dependable and unyielding. JBFS Engineering Systems provide the unique advantage of providing an integrated solution being the onestop solutions manufacturer for the entire range of PEB components. 

How do you assess the growth prospects for the next 5 years in the PEB and roofing? 

As India is turning over the pandemic page towards recovery, the infrastructure sector is seen to be a key driver for the Indian economy. The sector is highly responsible for propelling India’s overall development and enjoys intense focus from Government to ensure time-bound creation of modernized infrastructure in the country. It is anticipated to cross USD 5.6 billion by 2025, according to a recent report by Market Research Future. Factors driving the market growth include the growth anticipated is – increasing foreign investments, growth of e-commerce companies and the rising number of smart city projects in the country.

Cookie Consent

We use cookies to personalize your experience. By continuing to visit this website you agree to our Terms & Conditions, Privacy Policy and Cookie Policy.

QR Code

Comments

Leave a Reply

Copyright © 2024 – I-Tech Media Pvt. Ltd. All rights reserved.