Global Roof Truss Market to Reach USD 2,464.06 Million by 2031 | CAGR of 4.8%

Based on material, the market is segmented into wood, steel, and concrete.

• Wood trusses accounted for the largest market share in 2022, driven by their cost-effectiveness, energy efficiency, and flexibility in construction projects.
• Steel trusses are expected to grow at the fastest rate, supported by their increased use in industrial and large-scale infrastructure projects due to their durability and strength.

Based on product type, the market is categorized into king post truss, queen post truss, scissor roof truss, quadrangular roof truss, fan truss, pratt truss, and others.

• King post trusses held the largest market share in 2022 due to their wide use in small and medium-sized residential and commercial buildings.
• Scissor roof trusses are projected to grow at the fastest rate, driven by their low cost, ease of installation, and ability to support sloped roofs in modern constructions.

Based on end-use, the market is segmented into residential, commercial, agricultural, and others.

• Residential construction dominated the market in 2022, driven by increasing demand for new homes and renovation projects.
• The agricultural segment is expected to witness the fastest growth, supported by the rising use of roof trusses in barns, sheds, and other agricultural structures.

Based on regions, the global market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.

• North America accounted for the largest market share in 2022, driven by growing prefabricated construction projects in the region, particularly in the U.S.
• Europe is projected to grow at the highest CAGR, driven by increasing demand for renovation and refurbishment projects as well as government initiatives to promote energy-efficient construction.