Market Research Report - 224183
Prefabricated Volumetric Buildings Market Report: UK 2014-2018 Analysis
|Published by||AMA Research|
|Published||Content info||59 Pages|
|Prefabricated Volumetric Buildings Market Report: UK 2014-2018 Analysis|
|Published: February 3, 2014||Content info: 59 Pages||
AMA Research are pleased to announce the publication of the 6th edition of the report "Prefabricated Volumetric Buildings Market Report - UK 2014-2018 Analysis". Incorporating original input and primary research, this new report represents an up-to-date and informed review of this changing and complex market.
Recent market conditions have been difficult in the current volatile economic and construction climate, resulting in some industry restructuring. However, market performance is slowly improving in 2013/14 and prefabricated volumetric buildings have a substantial market potential in the medium term and are forecast to demonstrate long term growth - particularly as key public sector departments focus more on energy-efficiency and cost-savings through the Modular Building Systems Framework to deliver large-scale development programmes.
Built Offsite, Caledonian Modular, Eldapoint, Elliott Group, Ideal Building Systems, Integra Buildings, McAvoy Group, Mobile Mini UK, Pasuda Group, Portakabin, Premier Interlink (Waco UK), Rollalong, Servaccomm Redhall, Sibcas, Thurston Building Systems, Wernick Group, Western Building Systems.
Between 2008 and 2010, market values declined primarily due to cuts in public sector capital expenditure, the completion of major public sector construction projects and falling investment in private sector newbuild. Since then there has been some improvement in the market in line, underpinned partly by demand for site accommodation on major infrastructure projects and the Olympic Games construction programme.
Key end use sectors for volumetric buildings for temporary applications are site accommodation, event hire schools, healthcare and commercial offices. Over the last 10 years the main areas of demand have been the MoD, healthcare, schools, budget hotels and purpose built student accommodation built by private developers. However demand across the public sector has been impacted upon by cuts at central departmental, agency and local authority levels.
The sector has undergone some major restructuring in recent years, with the industry contracting and consolidating, a reflection of the cumulative impact of challenging trading conditions, restructuring and the exit of major players including; Tata Steel Living Solutions, Britspace Modular Buildings, Unite Modular Systems, Adroit Modular Buildings, Stackright Building Systems, Spaceover Group, Verbus Systems, Terrapin International and Vision Modular Structures.
Distribution channels include direct sales to end users and main contractors and the hire / leasing. The hire sectors comprises dedicated hire divisions or subsidiaries of manufacturers of modular building systems, independent companies specialising in the hire /rental of temporary accommodation and general plant hire companies such as Hewden and A-Plant.
The are tentative indications that from 2014 there could be a sustained recovery in the sector key drivers including; the government's pledge to support the development of up to 30,000 affordable homes in England and the need to accommodate thousands of troops and their families relocating from Germany. By 2019, it will be necessary to build single living accommodation for some 8,000 junior ranks, equivalent to the size of junior ranks accommodation built under Project Allenby / Connaught.