Market Overview:
The global grid system market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for energy storage systems, rising concerns over climate change, and growing investments in renewable energy sources. The global grid system market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into aluminum, galvanized steel, and others. Aluminum dominates this market due to its low cost and high efficiency as compared to other materials used for manufacturing grids. On the basis of application, residential accounts for a major share of this market owing to an increase in residential construction activities across regions worldwide.
Product Definition:
Grid system is a design framework that divides the screen or web page into equal columns and rows. This allows you to easily align your content in a visually pleasing way. The grid system is important because it provides a consistent and easy-to-use foundation for your designs.
Aluminum:
Aluminum is a metal and has the properties of metals. It can be used in various applications like as an alloy, casting, extrusions, fabricating and for general engineering purposes. Aluminum alloys are widely used in aircrafts and transportation industry due to its lightweight property which helps to reduce the weight of vehicles resulting into less fuel consumption. Due to this reason aluminum is also known as light metal or silver bullet which can solve many problems related to energy efficiency globally.
Galvanized Steel:
Galvanized steel is a type of steel that has been coated with zinc. The primary function of galvanizing is to protect the metal from rusting, which makes it more durable than regular iron or steel. Galvanized Steel wire Grid System Market can be used in applications where high strength and durability are required such as in the construction industry for roofing systems, reinforcement bars for concrete structures, and others.
Application Insights:
The commercial application segment dominated the global grid system market in 2017, accounting for a share of over 60.0% in terms of revenue. The growth can be attributed to increasing investments by various companies and governments for developing industrial infrastructure at the regional level. For instance, China is spending USD 150 billion on building modern industrial facilities along with advanced manufacturing capabilities that would provide enough electricity supply to its citizens and industries globally competitive edge over other countries.
The residential sector is expected to witness significant growth owing to rising demand from end-users for reliable and clean electrical power supply without any interruptions or outages across all regions including Asia Pacific, North America, Latin America Europe etcetera. In addition, growing urbanization coupled with favorable government policies promoting home ownership will boost industry expansion over the forecast period as well as future years ahead according to different studies conducted by GRID Alternatives Inc.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing investments in developing infrastructure and rising adoption of renewable energy sources for power generation. Increasing number of construction projects, especially in emerging economies such as China and India, is also anticipated to drive industry demand over the next eight years.
Europe accounted for a significant share in 2016 owing to high product penetration in countries such as Germany and U.K., which are majorly driven by strict regulations regarding environment protection along with consumer preferences for grid-connected PV systems based on meritocratic principles rather than subsidies or Feed-In Tariffs (FITs). In addition, growing awareness among consumers regarding clean energy production from renewable resources has resulted into increased installations across Europe during recent years.
Growth Factors:
- Increasing demand for energy due to population growth and industrialization in developing countries
- Government policies supporting the deployment of renewable energy sources such as solar and wind power
- Rapid technological advancements in the field of renewable energy storage systems
- Growing concerns about climate change and air pollution, which is driving investments in clean energy technologies
- Declining costs of solar and wind power installations, making them more competitive with traditional fossil fuel-based generation
Scope Of The Report
Report Attributes
Report Details
Report Title
Grid System Market Research Report
By Type
Aluminum, Galvanized Steel, Others
By Application
Residential, Industrial, Hospitality, Commercial, Institutional
By Companies
SAS International (UK), Rockfon (U.S.), USG Corporation (U.S.), Knauf AMF (Germany), Armstrong (USA), Saint-Gobain (France), Hunter Douglas (Netherlands), OWA Ceiling Systems (Germany), Siniat (Belgium), Shanghai Simon Wall Ceiling (China), Zhejiang Youpon Integrated Ceiling Co Ltd (China), Ouraohua (China), Architectural Surfaces, Inc. (U.S.), Grenzebach BSH (Germany), Gordon Incorporated (U.S.), Techno Ceiling (India), Norton Industries Inc. (U.S.), DAIKEN Corporation (Japan), Yoshino Gypsum, National Gypsum
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Grid System Market Report Segments:
The global Grid System market is segmented on the basis of:
Types
Aluminum, Galvanized Steel, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Residential, Industrial, Hospitality, Commercial, Institutional
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- SAS International (UK)
- Rockfon (U.S.)
- USG Corporation (U.S.)
- Knauf AMF (Germany)
- Armstrong (USA)
- Saint-Gobain (France)
- Hunter Douglas (Netherlands)
- OWA Ceiling Systems (Germany)
- Siniat (Belgium)
- Shanghai Simon Wall Ceiling (China)
- Zhejiang Youpon Integrated Ceiling Co Ltd (China)
- Ouraohua (China)
- Architectural Surfaces, Inc. (U.S.)
- Grenzebach BSH (Germany)
- Gordon Incorporated (U.S.)
- Techno Ceiling (India)
- Norton Industries Inc. (U.S.)
- DAIKEN Corporation (Japan)
- Yoshino Gypsum
- National Gypsum
Highlights of The Grid System Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Aluminum
- Galvanized Steel
- Others
- By Application:
- Residential
- Industrial
- Hospitality
- Commercial
- Institutional
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Grid System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Grid system is a type of graphic design that uses a repeating pattern to create an organized and harmonious layout. Grid systems are often used in print media, such as newspapers and magazines, but they can also be found in web designs. A grid system typically consists of horizontal and vertical lines that intersect at right angles (or other intervals), creating squares or other shapes. The squares are then arranged into rows and columns so that the overall layout looks orderly and balanced.
Some of the major companies in the grid system market are SAS International (UK), Rockfon (U.S.), USG Corporation (U.S.), Knauf AMF (Germany), Armstrong (USA), Saint-Gobain (France), Hunter Douglas (Netherlands), OWA Ceiling Systems (Germany), Siniat (Belgium), Shanghai Simon Wall Ceiling (China), Zhejiang Youpon Integrated Ceiling Co Ltd (China), Ouraohua (China), Architectural Surfaces, Inc. (U.S.), Grenzebach BSH (Germany), Gordon Incorporated (U.S.), Techno Ceiling (India), Norton Industries Inc. (U.S.), DAIKEN Corporation (Japan), Yoshino Gypsum, National Gypsum.
The grid system market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Grid System Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Grid System Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Grid System Market - Supply Chain
4.5. Global Grid System Market Forecast
4.5.1. Grid System Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Grid System Market Size (000 Units) and Y-o-Y Growth
4.5.3. Grid System Market Absolute $ Opportunity
5. Global Grid System Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Grid System Market Size and Volume Forecast by Type
5.3.1. Aluminum
5.3.2. Galvanized Steel
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Grid System Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Grid System Market Size and Volume Forecast by Application
6.3.1. Residential
6.3.2. Industrial
6.3.3. Hospitality
6.3.4. Commercial
6.3.5. Institutional
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Grid System Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Grid System Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Grid System Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Grid System Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Grid System Demand Share Forecast, 2019-2026
9. North America Grid System Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Grid System Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Grid System Market Size and Volume Forecast by Application
9.4.1. Residential
9.4.2. Industrial
9.4.3. Hospitality
9.4.4. Commercial
9.4.5. Institutional
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Grid System Market Size and Volume Forecast by Type
9.7.1. Aluminum
9.7.2. Galvanized Steel
9.7.3. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Grid System Demand Share Forecast, 2019-2026
10. Latin America Grid System Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Grid System Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Grid System Market Size and Volume Forecast by Application
10.4.1. Residential
10.4.2. Industrial
10.4.3. Hospitality
10.4.4. Commercial
10.4.5. Institutional
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Grid System Market Size and Volume Forecast by Type
10.7.1. Aluminum
10.7.2. Galvanized Steel
10.7.3. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Grid System Demand Share Forecast, 2019-2026
11. Europe Grid System Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Grid System Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Grid System Market Size and Volume Forecast by Application
11.4.1. Residential
11.4.2. Industrial
11.4.3. Hospitality
11.4.4. Commercial
11.4.5. Institutional
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Grid System Market Size and Volume Forecast by Type
11.7.1. Aluminum
11.7.2. Galvanized Steel
11.7.3. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Grid System Demand Share, 2019-2026
12. Asia Pacific Grid System Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Grid System Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Grid System Market Size and Volume Forecast by Application
12.4.1. Residential
12.4.2. Industrial
12.4.3. Hospitality
12.4.4. Commercial
12.4.5. Institutional
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Grid System Market Size and Volume Forecast by Type
12.7.1. Aluminum
12.7.2. Galvanized Steel
12.7.3. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Grid System Demand Share, 2019-2026
13. Middle East & Africa Grid System Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Grid System Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Grid System Market Size and Volume Forecast by Application
13.4.1. Residential
13.4.2. Industrial
13.4.3. Hospitality
13.4.4. Commercial
13.4.5. Institutional
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Grid System Market Size and Volume Forecast by Type
13.7.1. Aluminum
13.7.2. Galvanized Steel
13.7.3. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Grid System Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Grid System Market: Market Share Analysis
14.2. Grid System Distributors and Customers
14.3. Grid System Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. SAS International (UK)
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Rockfon (U.S.)
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. USG Corporation (U.S.)
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Knauf AMF (Germany)
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Armstrong (USA)
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Saint-Gobain (France)
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Hunter Douglas (Netherlands)
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. OWA Ceiling Systems (Germany)
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Siniat (Belgium)
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Shanghai Simon Wall Ceiling (China)
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Zhejiang Youpon Integrated Ceiling Co Ltd (China)
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Ouraohua (China)
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Architectural Surfaces, Inc. (U.S.)
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Grenzebach BSH (Germany)
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Gordon Incorporated (U.S.)
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Techno Ceiling (India)
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Norton Industries Inc. (U.S.)
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. DAIKEN Corporation (Japan)
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Yoshino Gypsum
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. National Gypsum
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
