PUBLISHER: TechNavio | PRODUCT CODE: 1727167
PUBLISHER: TechNavio | PRODUCT CODE: 1727167
The prefabricated construction market is forecasted to grow by USD 74 bn during 2024-2029, accelerating at a CAGR of 8.9% during the forecast period. The report on the prefabricated construction market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by high demand for prefabricated construction in healthcare, high spending on renovation of homes, and growing demand for light-weight materials for construction.
Market Scope | |
---|---|
Base Year | 2025 |
End Year | 2029 |
Series Year | 2025-2029 |
Growth Momentum | Accelerate |
YOY 2025 | 8.4% |
CAGR | 8.9% |
Incremental Value | $74 bn |
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Technavio's prefabricated construction market is segmented as below:
By Application
By Material
By Type
By Geographical Landscape
This study identifies the sustainability gaining traction in construction industry as one of the prime reasons driving the prefabricated construction market growth during the next few years. Also, increasing number of mergers and acquisitions among companies and increasing investment by industries in prefabricated construction will lead to sizable demand in the market.
The report on the prefabricated construction market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading prefabricated construction market vendors that include Abtech Inc., Asian Prefab Construction Co., Black Diamond Group Ltd., Easiset Worldwide, Everest Industries Ltd., Henan KHome Steel Structure Co. Ltd., M. A. Mortenson Co., Modular Genius, Morgan USA, Nadler Modular, NELSON Worldwide LLC, Panel Built Inc., Parkut International Inc., Plant Prefab Inc., Satellite Shelters Inc., Specialty Modular, The Boldt Co., United Partition Systems Inc., United Rentals Inc., and VESTA MODULAR. Also, the prefabricated construction market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Exhibits: