Technavio Announces Top 12 Vendors in the Pre-engineered Building Market in India from 2016 to 2020
By Business Wire News
By Business Wire News
Technavio has announced the top 12 leading vendors in their recentpre-engineered building (PEB) market in Indiareport. The report identifies the vendors based on their revenue and market dominance in terms of experience, geographical presence, product portfolio, financials, and R&D.
Competitive vendor landscape
Pre-engineered building market in India marks the presence of many international and regional vendors that are active in providing PEB in India. Thus the present market scenario is highly competitive. Technavio beliefs that in order to sustain in the highly competitive market, the below mentioned factors are necessary:
- High technical competence
- Standardization and modularization
- Close alignment between manufacturing arm and other supply chain partners
- Price competitiveness
- End-user needs
- Suitable marketing strategy
According to Abhay Sinha, a lead analyst at Technavio, “Technical competence is one of the necessities for sustaining in the highly competitive market. Many companies have in-house R&D facilities. However, companies that cannot invest in in-house R&D facilities form alliances with other reputed companies to develop quality products. Through this strategy, these companies can invest in other technologies to improve the quality of the product.”
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Technavio research analysts categorize the pre-engineered building market vendors in India into two segments: key vendors and other prominent vendors.
Tata BlueScope Steel
BlueScope is a flat steel producer with headquarters in Melbourne, Victoria, Australia. It was founded in 1915. The company has more than 100 facilities in 17 countries and employs over 16,000 people. Many clients of the company are Fortune 500 companies. In India, the company has a joint venture with TATA Steel under the name Tata BlueScope Steel. The company manufactures and sells wall-cladding profiles and roll-formed roof and lightweight PEB structures under its three brands for different sectors.
Kirby Building Systems
Kirby Building Systems is one of the largest PEB companies in the world. It is a 100% subsidiary of the Kuwait-based multinational Alghanim Industries. It is one of the largest privately owned companies in the Middle East. Kirby was the first company to introduce PEB construction technology in the Middle East in 1976, and later in India in 1999.
Interarch Building Products
Interarch Building Products was established in 1984 in Noida, Uttar Pradesh, India. It is one if the leading players in the PEB market in India with integrated facilities for the design, supply, manufacturing, logistics, and project execution of PEBs. Interarch Infrastructure is the parent company of Interarch Building Products.
Interarch is also a certified green building partner and all their products comply with Leadership in Energy and Environmental Design and Indian Green Building Council standards.
Jindal Buildsys Limited
Jindal Group is based in Gurgaon, Haryana, India, and has been operational since 2002. Its core competency is providing large-scale turnkey solutions in the field of steel construction. The company has a good track record of providing a world-class experience to the customers.
Other prominent vendors:
Era Infra was established in 1990 in Noida, Uttar Pradesh, India. A part of Era Group, the company provides services for power plants, industrial and institutional segments, railways and metros, roads, highways, aviation, healthcare, and urban infrastructure segments.
Everest Industries is a building solutions provider based in India. In FY2013-FY2014, the company’s steel building segment had revenue of USD 2.76 billion.
The company is a 54-year-old PEB provider based in India. The company specializes in insulation, pre-insulated sandwich panels, refractory, PEBs, metallic profiled sheets, fireproofing, and mechanical erection works.
Multicolor Steels is a leading provider of metal roofing and wall cladding systems. The company has installed more than 7 million square meters of metal roofing systems in more than 500 projects across India. The company’s head office is located in New Delhi and manufacturing units at Bawal and IMT Manesar, Haryana.
PEBS Pennar is an Indian PEB manufacturing company. The company has its manufacturing unit at Hyderabad, Telangana. The revenue of the company for FY2015 was USD 72.9 million.
SML Group, an ISO 9001 certified company, was established in 1973. The company designs, develops, and manufactures various ferrous and non-ferrous equipment for Indian naval warships, defense vehicles, defense engineering equipment, and defense armaments under the department of defense production of India.
Smith Structures designs and manufactures PEBs for power plants, heavy fabrications work, and coal-handling systems. The company has a manufacturing facility at Gandhidham, Gujarat, India.
Tiger Steel Engineering
Tiger Steel Industries is a UAE-based steel industry. Tiger Steel Engineering (India) is a part of Tiger Steel Industries that provides PEBs in India.
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