The global market for Nonresidential Prefabricated Building Systems is estimated at US$90.0 Billion in 2023 and is projected to reach US$123.8 Billion by 2030, growing at a CAGR of 4.6% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the nonresidential prefabricated building systems market is driven by several factors, including the increasing demand for faster construction timelines and reduced labor costs in various sectors such as healthcare, education, and retail. The rising focus on sustainability and energy efficiency in construction is also a significant driver, as prefabricated buildings typically offer greater precision in material use and higher quality insulation and air sealing, which reduce energy consumption over the building's lifecycle.
Additionally, as urban areas continue to grow, the limitations in construction space and the need to minimize disruption in dense settings push the demand for prefabricated solutions that can be assembled quickly and more cleanly than traditional construction methods. Economic factors such as the fluctuating costs of raw materials also encourage the use of prefabricated systems, as they can be more budget-friendly and less susceptible to market variations once manufactured.
Moreover, the ongoing advancements in digital design and fabrication technology, which allow for greater customization and flexibility, are making prefabricated building systems an increasingly attractive option in the nonresidential sector. These dynamics collectively contribute to robust market growth, reflecting the evolving preferences and needs of the construction industry.
The growth in the nonresidential prefabricated building systems market is driven by several factors, including the increasing demand for faster construction timelines and reduced labor costs in various sectors such as healthcare, education, and retail. The rising focus on sustainability and energy efficiency in construction is also a significant driver, as prefabricated buildings typically offer greater precision in material use and higher quality insulation and air sealing, which reduce energy consumption over the building's lifecycle.
Additionally, as urban areas continue to grow, the limitations in construction space and the need to minimize disruption in dense settings push the demand for prefabricated solutions that can be assembled quickly and more cleanly than traditional construction methods. Economic factors such as the fluctuating costs of raw materials also encourage the use of prefabricated systems, as they can be more budget-friendly and less susceptible to market variations once manufactured.
Moreover, the ongoing advancements in digital design and fabrication technology, which allow for greater customization and flexibility, are making prefabricated building systems an increasingly attractive option in the nonresidential sector. These dynamics collectively contribute to robust market growth, reflecting the evolving preferences and needs of the construction industry.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Metal Building Systems segment, which is expected to reach US$62.4 Billion by 2030 with a CAGR of a 4.5%. The Modular Building Systems segment is also set to grow at 5.2% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $23.9 Billion in 2023, and China, forecasted to grow at an impressive 4.4% CAGR to reach $19.6 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Nonresidential Prefabricated Building Systems Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Nonresidential Prefabricated Building Systems Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Nonresidential Prefabricated Building Systems Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Alan Pre-Fab Building Corp., Algeco Scotsman, ALHO Systembau GmbH, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 211 Featured):
- Alan Pre-Fab Building Corp.
- Algeco Scotsman
- ALHO Systembau GmbH
- Allied Modular Building Systems Inc.
- American Buildings Company
- Brytex Building Systems Inc.
- Butler Manufacturing™ Company, Inc.
- Cadolto Fertiggebaude GmbH & Co. KG
- Flexator AB
- Lester Building Systems, LLC
- Madison Industries Inc.
- NCI Building Systems, Inc.
- Normerica Timber Homes & Cottages
- Nucor Building Systems
- Rollalong Ltd.
- United Structures of America Inc.
- Varco Pruden Buildings, Inc.
- Whitley Manufacturing Company, Inc.
- Yves Cougnaud S.A.
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
REST OF EUROPE
ASIA-PACIFIC
REST OF WORLD
Companies Mentioned
- Alan Pre-Fab Building Corp.
- Algeco Scotsman
- ALHO Systembau GmbH
- Allied Modular Building Systems Inc.
- American Buildings Company
- Brytex Building Systems Inc.
- Butler Manufacturing™ Company, Inc.
- Cadolto Fertiggebaude GmbH & Co. KG
- Flexator AB
- Lester Building Systems, LLC
- Madison Industries Inc.
- NCI Building Systems, Inc.
- Normerica Timber Homes & Cottages
- Nucor Building Systems
- Rollalong Ltd.
- United Structures of America Inc.
- Varco Pruden Buildings, Inc.
- Whitley Manufacturing Company, Inc.
- Yves Cougnaud S.A.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 358 |
| Published | November 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 90 Billion |
| Forecasted Market Value ( USD | $ 123.8 Billion |
| Compound Annual Growth Rate | 4.6% |
| Regions Covered | Global |
| No. of Companies Mentioned | 19 |
