Dublin, June 21, 2023 (GLOBE NEWSWIRE) -- The "Prefabricated Buildings: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Prefabricated Buildings estimated at US$117.4 Billion in the year 2022, is projected to reach a revised size of US$202.7 Billion by 2030, growing at a CAGR of 7.1% over the analysis period 2022-2030.
Panel Systems, one of the segments analyzed in the report, is projected to record a 7.9% CAGR and reach US$78.1 Billion by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the Skeleton Systems segment is readjusted to a revised 6.4% CAGR for the next 8-year period.
The U.S. Market is Estimated at $21.2 Billion, While China is Forecast to Grow at 8.6% CAGR
The Prefabricated Buildings market in the U.S. is estimated at US$21.2 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$53.4 Billion by the year 2030 trailing a CAGR of 8.6% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.4% and 5.7% respectively over the 2022-2030 period.
Within Europe, Germany is forecast to grow at approximately 6% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$25.9 Billion by the year 2030.
Select Competitors (Total 272 Featured) -
- Abtech, Inc.
- Astron Buildings S.A.
- BlueScope Buildings North America, Inc.
- Kirby Building Systems, LLC
- Lindal Cedar Homes
- Modular Engineering Co.
- Niko Prefab Building Systems Pvt. Ltd.
- Par-Kut International
- Red Sea International Company
- Schulte Building Systems, Inc.
- Skyline Champion Corporation
- United Partition Systems Inc.
- Vardhman Pre-Engineered Building System
- WillScot Mobile Mini Holdings Corp.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 610 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $117.4 Billion |
| Forecasted Market Value (USD) by 2030 | $202.7 Billion |
| Compound Annual Growth Rate | 7.1% |
| Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Prefabricated Buildings - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- Impact of COVID-19 Pandemic and Looming Global Recession: 2020 Marked as a Year of Disruption & Transformation
- World Economic Growth Projections (Real GDP, Annual % Change) for 2020 through 2022
- Offsite Production and Prefabrication Gain Appeal Amidst COVID-19
- An Introduction to Prefabricated Buildings
- Variables Impacting the Cost of Prefab Homes
- Prefab/Modular/Panelized Homes
- Advantages and Challenges
- Global Market Prospects & Outlook
- Select Trends Influencing the Market
- World Prefabricated Buildings Market by Product Type (2021 & 2027): Percentage Breakdown of Sales for Panel Systems, Skeleton Systems, Cellular Systems, and Combined Systems
- World Prefabricated Buildings Market by End-Use Sector (2021 & 2027): Percentage Breakdown of Sales for Commercial, Residential, and Industrial
- Regional Analysis
- World Prefabricated Buildings Market by Region: Percentage Breakdown of Sales for Developed and Developing Regions (2021 & 2027)
- World Prefabricated Buildings Market - Geographic Regions Ranked by CAGR (Value) for 2020-2027: China, Asia-Pacific, Latin America, Middle East, Africa, USA, Europe, Canada, and Japan
- Competitive Scenario
- Recent Market Activity
- Select Global Brands
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Rising Global Population Propels Demand for Affordable Housing
- World Population (in Thousands) by Geographic Region for the Years 2019, 2030, 2050, 2100
- Top Countries Worldwide in Terms of Population in Millions for the Years 1990, 2019 and 2050
- Urbanization: Major Growth Driver
- World Urban Population in Thousands: 1950-2050
- Expansion in Middle Class Population Augurs Well for Future Growth
- Global Middle Class Population (in Millions) and as a Percentage of Total Population: 2005, 2015, 2025 & 2035
- Prefab to Address Construction Industry's Major Problems
- Prefabricated Houses: A Stop-Gap Solution for Emergency Housing
- Global 'Green Construction' Trend Augurs Well for the Prefabrication Market
- Green Buildings Market (2021): Percentage Share Breakdown of Revenues by Construction Sector
- Global Energy Consumption by Sector (2019)
- Leading Factors Fostering Future Uptake of Green Building Practices among Contractors in North America: Ranked by Order of Importance
- Growing Adoption of BIM Increases Uptake of Model Driven Prefabrication
- 3D Printing Enhances Prefabrication Process
- Corporate Sector Relies on Prefabricated Model for Office Space Needs
- Educational Institutions Invest In Prefabricated Buildings
- Prefabricated Buildings Gain Traction in Healthcare Sector
- Industrial Enterprises Adopt Prefabricated Approach
- Military Sector: One of the Foremost Adopters of Prefabricated Model
- Revenue Contribution of Agricultural Sector Remains High
- Prefabricated Model Fully Suffices the Worksite Building Needs
- Metal Roofing Systems Sense Robust Opportunities
- Optimally Designed Steel Framed Buildings Gain Traction
- Public Misconceptions Hinder Widespread Adoption of Prefabricated Housing
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/j8ffcw
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Attachment
