Australia Light Gauge Steel Framing Market by framing Type, By Framing Components, By Thickness of Steel Sheet and By Application(High Rise Buildings, Industrial Buildings, Warehouse Buildings, and Residential Buildings) – Australia Forecast to 2030

MarketResearch.Biz announces publication of its most recently generated research report titled, “Australia Light Gauge Steel Framing Market by framing Type (Load Bearing Light Gauge Steel Framing, and Non-load Bearing Light Gauge Steel Framing), By Framing Components (Wall System, Flooring System, Roof System, and Other Framing Components), By Thickness of Steel Sheet (Less than 1 mm, 1 mm to 2 mm, 2 mm to 3 mm, and More than 3 mm), and by Application(High Rise Buildings, Industrial Buildings, Warehouse Buildings, and Residential Buildings) – Australia Forecast to 2030”, which offers a holistic view of the Australia Light Gauge Steel Framing market through systematic segmentation that covers every aspect of the target market.

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Australia light gauge steel framing market is projected to be US$ 1,378.2 Mn in 2020 to reach US$ 2,214.9 Mn by 2030 at a CAGR of 5.6%.

Light gauge steel frames are structural frames that are fabricated using cold-formed steel structure.  It can be used for load-bearing and non-load-bearing structures for walls, roofs, flooring, and other purposes. The technology is a convenient substitute for wood structures that had been traditionally used for construction. Steel frames are light-weight, sturdier, more energy-efficient, and offers many other benefits. Also, the construction time is considerably reduced using light gauge steel framing structures, thereby saving costs and time. Steel framing provides high earthquake resistance and is hence a safe option.

Australia Light Gauge Steel Framing Market Revenue (US$ Mn), 2021–2030

Report Coverage and Deliverables

PDF report and online dashboard will help you understand:

• Competitive benchmarking
• Market forecasts
• Company market shares
• Market opportunities
• Latest trends & dynamics

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One of the significant benefits of light gauge steel framing is that microscopic samples are required to determine its structure. Compared to other microscopy techniques, light gauge steel framing produces virtuous images. Therefore, the capability of a Cryo-electron microscope to provide an accurate and useful image of complex molecules in their original form and environment is likely to help the market growth. Also, increasing the application of Cryo-electron microscopes in biological science, material science, and other related sectors for sample preparation, sample screening, data acquisition, image processing, and structure validation is expected to boost the growth of the light gauge steel framing market during the forecast years.

Although light gauge steel framing has multiple advantages, one of the major setbacks faced by the market is the fluctuating steel prices. Trade barriers, anti-dumping duties levied on the trade of steel are factors that may hamper the growth of the Australia light gauge steel framing market.

Australia light gauge steel framing market is segmented into framing type, framing components, the thickness of steel sheet, and application. Based on framing type, the market is segmented into load-bearing light gauge steel framing and non-load bearing light gauge steel framing. The load-bearing light gauge steel framing segment accounts for the majority share and is expected to witness a significant share in terms of revenue over the forecast period. Based on framing components, the market is segmented into the wall system, flooring system, roof system, and other framing components. The wall system segment accounts for significant revenue share, whereas the roof system is projected to register significant CAGR in the coming years, followed by wall systems. Based on the thickness of the steel sheet, the market is segmented into less than 1 mm, 1 mm to 2 mm, 2 mm to 3 mm, and more than 3 mm. The less than 1mm segment accounts for the major share and is expected to witness a significant share in terms of revenue over the forecast period. Based on the application, the market is segmented into high rise buildings, industrial buildings, warehouse buildings, and residential buildings. The residential segment accounts for a majority share in the Australia light gauge steel framing market.

Australia Light Gauge Steel Framing Market Attractiveness Analysis by Form, 2014–2030

The research report on the Australia light gauge steel framing market includes profiles of some of the major companies such as BlueScope Steel Ltd., Maxispan Pty Ltd., SBS Group, Steelscene, Australian Framing Solutions, Hitek Steel Framing Pty Ltd., Dynamic Steel Frame, AusSteel Pty Ltd, True Steel Frames, and Safeway Steel Frames.

Segmentation of the Australia Light Gauge Steel Framing Market:

Segmentation by Farming Type:

• Load Bearing Light Gauge Steel Framing
• Non-load Bearing Light Gauge Steel Framing

Segmentation by Farming Components:

• Wall System
• Flooring System
• Roof System
• Other Framing Components

Segmentation by Thickness of Steel Sheet:

• Less than 1 mm
• 1 mm to 2 mm
• 2 mm to 3 mm
• More than 3 mm

Segmentation by Application:

• High Rise Buildings
• Industrial Buildings
• Warehouse Buildings
• Residential Buildings