The global market for Prefabricated Buildings is estimated at US$124.9 Billion in 2023 and is projected to reach US$202.7 Billion by 2030, growing at a CAGR of 7.2% 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 global market for prefabricated buildings is being driven by factors such as lesser construction time required, cost savings, office requirements in emerging SEZs, rising real estate investments, fast-paced urbanization, rising demand for alternative approaches to construction, and temporary and immediate requirements in the industrial sector. The market is also gaining from the rising customer attention towards reducing CO2 emissions, green construction, and lowering waste. Also, the expanding construction and infrastructure markets in Asia and growing investments in real estate worldwide are also driving market growth. The rapid urbanization and population growth in many parts of the world have led to a heightened demand for affordable and quickly deployable housing solutions. Prefabricated buildings address this need by offering cost-effective and efficient construction methods. The increasing awareness and implementation of sustainable building practices have further propelled the market, as prefab buildings can be designed to meet stringent environmental standards. Additionally, advancements in manufacturing technology have lowered production costs and improved the quality of prefabricated components, making them more attractive to developers and consumers. Government initiatives and incentives promoting the adoption of prefabricated construction methods, particularly in regions facing housing shortages and disaster recovery efforts, also contribute to market expansion. These factors, combined with the growing acceptance of prefab buildings in commercial and industrial sectors, are driving the robust growth of the prefabricated buildings market.
The global market for prefabricated buildings is being driven by factors such as lesser construction time required, cost savings, office requirements in emerging SEZs, rising real estate investments, fast-paced urbanization, rising demand for alternative approaches to construction, and temporary and immediate requirements in the industrial sector. The market is also gaining from the rising customer attention towards reducing CO2 emissions, green construction, and lowering waste. Also, the expanding construction and infrastructure markets in Asia and growing investments in real estate worldwide are also driving market growth. The rapid urbanization and population growth in many parts of the world have led to a heightened demand for affordable and quickly deployable housing solutions. Prefabricated buildings address this need by offering cost-effective and efficient construction methods. The increasing awareness and implementation of sustainable building practices have further propelled the market, as prefab buildings can be designed to meet stringent environmental standards. Additionally, advancements in manufacturing technology have lowered production costs and improved the quality of prefabricated components, making them more attractive to developers and consumers. Government initiatives and incentives promoting the adoption of prefabricated construction methods, particularly in regions facing housing shortages and disaster recovery efforts, also contribute to market expansion. These factors, combined with the growing acceptance of prefab buildings in commercial and industrial sectors, are driving the robust growth of the prefabricated buildings market.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Prefabricated Panel Systems segment, which is expected to reach US$78.1 Billion by 2030 with a CAGR of a 8.0%. The Prefabricated Skeleton Systems segment is also set to grow at 6.5% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $22.4 Billion in 2023, and China, forecasted to grow at an impressive 8.7% CAGR to reach $53.4 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Prefabricated Buildings Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Prefabricated Buildings Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Prefabricated Buildings Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ 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 Champion Home Builders, Inc., ACME Group, Allied Modular Building Systems, Inc., and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 272 Featured):
- Champion Home Builders, Inc.
- ACME Group
- Allied Modular Building Systems, Inc.
- Blu Homes, Inc.
- Guerdon, LLC.
- Heritage Homes of NE
- Hickory Group
- Alta-Fab Structures Ltd.
- ATCO Group
- Bouygues Construction
- DuBox
- Alan Pre-Fab Building Corporation
- ALHO Systembau GmbH
- Consolis Group
- Cougnaud Construction
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISSOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
SPAIN
RUSSIA
REST OF EUROPE
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned
- Champion Home Builders, Inc.
- ACME Group
- Allied Modular Building Systems, Inc.
- Blu Homes, Inc.
- Guerdon, LLC.
- Heritage Homes of NE
- Hickory Group
- Alta-Fab Structures Ltd.
- ATCO Group
- Bouygues Construction
- DuBox
- Alan Pre-Fab Building Corporation
- ALHO Systembau GmbH
- Consolis Group
- Cougnaud Construction
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 610 |
| Published | November 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 124.9 Billion |
| Forecasted Market Value ( USD | $ 202.7 Billion |
| Compound Annual Growth Rate | 7.2% |
| Regions Covered | Global |
| No. of Companies Mentioned | 15 |
