Light Gauge Steel Framing Market Size

Light Gauge Steel Framing Market size was valued at USD 38.57 billion in 2024 and is set to exceed USD 75.48 billion by 2037, expanding at over 5.3% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of light gauge steel framing is evaluated at USD 40.21 billion.

It is predicted that a notable increase in construction activity in both developed and emerging countries will fuel the need for light gauge framing. An important part of the American economy is the construction sector. For instance, In the first quarter of 2023, there were over 919,000 construction establishments in the United States.  Also, over USD 4.35 trillion was produced in China's construction industry in 2022, an almost 100% increase over the previous decade. Also, the governments of numerous developing countries are anticipated to implement several housing programs, which are expected to assist worldwide market expansion.

The construction sector is subject to strict deadlines set by clients for project completion. Because light gauge framing is simple to construct, it has significantly reduced project completion times, allowing for the satisfaction of client needs. Furthermore, because of its benefits, steel framing technology has been frequently used in recent years in construction projects including skyscrapers and multistory buildings.