Global Prefabricated Construction Market Forecast 2023-2032

The global prefabricated construction market is expected to record a CAGR of 8.70% during the forecast period, 2023-2032. The market growth is attributed to the rising demand for branded designers, emerging modern technology and advanced solutions, mass township projects, high profitability, and the growing demand for customized & high-end solutions.

MARKET INSIGHTS

With regard to housing construction, prefabricated construction provides high-quality and affordable homes. This is because prefabrication companies get substantial savings from material suppliers. Also, it eliminates the possibility of hiring unreliable contractors and inexperienced workers.

In addition, prefabricated building construction is relatively quicker than traditional construction, given the swift manufacturing, elimination of weather-related delays at the job site, and superior planning. This is accredited to the concurrent construction of several parts. As a result, construction companies can expand their operations by taking on several projects together instead of concentrating their efforts on a few projects. This means lesser time and more savings. Such benefits of prefabricated construction raise its growth aspects globally.

REGIONAL INSIGHTS

The global prefabricated construction market growth evaluation includes the geographical assessment of Asia-Pacific, North America, Europe, and Rest of World. Asia-Pacific is the fastest-growing region in the global market. The market growth is driven by technological advancements and government initiatives.

COMPETITIVE INSIGHTS

The competitive rivalry is high, with lucrative opportunities in the industrial, residential, and commercial segments. Some of the prominent companies in the market include Skanska Group, Cornerstone Building Brands, Sekisui, Bouygues Batiment International, etc.

Our report offerings include:

Explore key findings of the overall market
Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
Market Segmentation caters to a thorough assessment of key segments with their market estimations
Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
The competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments

Product Code: 51795

1. RESEARCH SCOPE & METHODOLOGY

1.1. STUDY OBJECTIVES
1.2. METHODOLOGY
1.3. ASSUMPTIONS & LIMITATIONS

2. EXECUTIVE SUMMARY

2.1. MARKET SIZE & ESTIMATES
2.2. MARKET OVERVIEW
2.3. SCOPE OF STUDY
2.4. CRISIS SCENARIO ANALYSIS
2.5. MAJOR MARKET FINDINGS
- 2.5.1. PREFABRICATED MATERIALS ENABLE ENERGY EFFICIENCY AND SUSTAINABLE CONSTRUCTION
- 2.5.2. ISSUES RELATED TO ZONING AND LAND AGREEMENTS COULD RESTRAIN MARKET GROWTH
- 2.5.3. DEVELOPING COUNTRIES SET TO OFFER LUCRATIVE GROWTH OPPORTUNITIES

3. MARKET DYNAMICS

3.1. KEY DRIVERS
- 3.1.1. INCREASING DEMAND FOR HIGH-END & CUSTOMIZED SOLUTIONS
- 3.1.2. HIGH PROFITABILITY
- 3.1.3. MASS TOWNSHIP PROJECTS ARE INVESTING IN PREFABRICATED TECHNOLOGY
- 3.1.4. EMERGENCE OF MODERN TECHNOLOGY AND ADVANCED SOLUTIONS
- 3.1.5. GROWING DEMAND FOR BRANDED DESIGNERS
3.2. KEY RESTRAINTS
- 3.2.1. LACK OF AWARENESS
- 3.2.2. HIGH INITIAL INVESTMENTS
- 3.2.3. DIFFICULTIES IN SUPPLY CHAIN INTEGRATION

4. KEY ANALYTICS

4.1. KEY MARKET TRENDS
4.2. PORTER'S FIVE FORCES ANALYSIS
- 4.2.1. BUYERS POWER
- 4.2.2. SUPPLIERS POWER
- 4.2.3. SUBSTITUTION
- 4.2.4. NEW ENTRANTS
- 4.2.5. INDUSTRY RIVALRY
4.3. GROWTH PROSPECT MAPPING
- 4.3.1. GROWTH PROSPECT MAPPING FOR UNITED STATES
- 4.3.2. GROWTH PROSPECT MAPPING FOR GERMANY
- 4.3.3. GROWTH PROSPECT MAPPING FOR JAPAN
- 4.3.4. GROWTH PROSPECT MAPPING FOR SAUDI ARABIA
4.4. MARKET MATURITY ANALYSIS
4.5. MARKET CONCENTRATION ANALYSIS
4.6. VALUE CHAIN ANALYSIS
4.7. COST STRUCTURE ANALYSIS

5. MARKET BY MATERIAL

5.1. STEEL
5.2. CONCRETE
5.3. WOOD
5.4. OTHER MATERIALS

6. MARKET BY SYSTEM

6.1. CELLULAR SYSTEM
6.2. PANEL SYSTEM
6.3. SKELETON SYSTEM
6.4. COMBINED SYSTEM
6.5. OTHER SYSTEMS

7. MARKET BY APPLICATION

7.1. RESIDENTIAL PREFABRICATED CONSTRUCTION
7.2. NON-RESIDENTIAL PREFABRICATED CONSTRUCTION
- 7.2.1. COMMERCIAL
- 7.2.2. EDUCATION
- 7.2.3. GOVERNMENT
- 7.2.4. HOSPITALITY
- 7.2.5. OTHER NON-RESIDENTIAL PREFABRICATED CONSTRUCTION

8. GEOGRAPHICAL ANALYSIS

8.1. NORTH AMERICA
- 8.1.1. MARKET SIZE & ESTIMATES
- 8.1.2. NORTH AMERICA PREFABRICATED CONSTRUCTION MARKET DRIVERS
- 8.1.3. NORTH AMERICA PREFABRICATED CONSTRUCTION MARKET CHALLENGES
- 8.1.4. KEY PLAYERS IN NORTH AMERICA PREFABRICATED CONSTRUCTION MARKET
- 8.1.5. COUNTRY ANALYSIS
  - 8.1.5.1. UNITED STATES
  - 8.1.5.1.1. UNITED STATES PREFABRICATED CONSTRUCTION MARKET SIZE & OPPORTUNITIES
  - 8.1.5.2. CANADA
  - 8.1.5.2.1. CANADA PREFABRICATED CONSTRUCTION MARKET SIZE & OPPORTUNITIES
8.2. EUROPE
- 8.2.1. MARKET SIZE & ESTIMATES
- 8.2.2. EUROPE PREFABRICATED CONSTRUCTION MARKET DRIVERS
- 8.2.3. EUROPE PREFABRICATED CONSTRUCTION MARKET CHALLENGES
- 8.2.4. KEY PLAYERS IN EUROPE PREFABRICATED CONSTRUCTION MARKET
- 8.2.5. COUNTRY ANALYSIS
  - 8.2.5.1. UNITED KINGDOM
  - 8.2.5.1.1. UNITED KINGDOM PREFABRICATED CONSTRUCTION MARKET SIZE & OPPORTUNITIES
  - 8.2.5.2. GERMANY
  - 8.2.5.2.1. GERMANY PREFABRICATED CONSTRUCTION MARKET SIZE & OPPORTUNITIES
  - 8.2.5.3. FRANCE
  - 8.2.5.3.1. FRANCE PREFABRICATED CONSTRUCTION MARKET SIZE & OPPORTUNITIES
  - 8.2.5.4. ITALY
  - 8.2.5.4.1. ITALY PREFABRICATED CONSTRUCTION MARKET SIZE & OPPORTUNITIES
  - 8.2.5.5. SPAIN
  - 8.2.5.5.1. SPAIN PREFABRICATED CONSTRUCTION MARKET SIZE & OPPORTUNITIES
  - 8.2.5.6. BELGIUM
  - 8.2.5.6.1. BELGIUM PREFABRICATED CONSTRUCTION MARKET SIZE & OPPORTUNITIES
  - 8.2.5.7. POLAND
  - 8.2.5.7.1. POLAND PREFABRICATED CONSTRUCTION MARKET SIZE & OPPORTUNITIES
  - 8.2.5.8. REST OF EUROPE
  - 8.2.5.8.1. REST OF EUROPE PREFABRICATED CONSTRUCTION MARKET SIZE & OPPORTUNITIES
8.3. ASIA-PACIFIC
- 8.3.1. MARKET SIZE & ESTIMATES
- 8.3.2. ASIA-PACIFIC PREFABRICATED CONSTRUCTION MARKET DRIVERS
- 8.3.3. ASIA-PACIFIC PREFABRICATED CONSTRUCTION MARKET CHALLENGES
- 8.3.4. KEY PLAYERS IN ASIA-PACIFIC PREFABRICATED CONSTRUCTION MARKET
- 8.3.5. COUNTRY ANALYSIS
  - 8.3.5.1. CHINA
  - 8.3.5.1.1. CHINA PREFABRICATED CONSTRUCTION MARKET SIZE & OPPORTUNITIES
  - 8.3.5.2. JAPAN
  - 8.3.5.2.1. JAPAN PREFABRICATED CONSTRUCTION MARKET SIZE & OPPORTUNITIES
  - 8.3.5.3. INDIA
  - 8.3.5.3.1. INDIA PREFABRICATED CONSTRUCTION MARKET SIZE & OPPORTUNITIES
  - 8.3.5.4. SOUTH KOREA
  - 8.3.5.4.1. SOUTH KOREA PREFABRICATED CONSTRUCTION MARKET SIZE & OPPORTUNITIES
  - 8.3.5.5. INDONESIA
  - 8.3.5.5.1. INDONESIA PREFABRICATED CONSTRUCTION MARKET SIZE & OPPORTUNITIES
  - 8.3.5.6. THAILAND
  - 8.3.5.6.1. THAILAND PREFABRICATED CONSTRUCTION MARKET SIZE & OPPORTUNITIES
  - 8.3.5.7. VIETNAM
  - 8.3.5.7.1. VIETNAM PREFABRICATED CONSTRUCTION MARKET SIZE & OPPORTUNITIES
  - 8.3.5.8. AUSTRALIA & NEW ZEALAND
  - 8.3.5.8.1. AUSTRALIA & NEW ZEALAND PREFABRICATED CONSTRUCTION MARKET SIZE & OPPORTUNITIES
  - 8.3.5.9. REST OF ASIA-PACIFIC
  - 8.3.5.9.1. REST OF ASIA-PACIFIC PREFABRICATED CONSTRUCTION MARKET SIZE & OPPORTUNITIES
8.4. REST OF WORLD
- 8.4.1. MARKET SIZE & ESTIMATES
- 8.4.2. REST OF WORLD PREFABRICATED CONSTRUCTION MARKET DRIVERS
- 8.4.3. REST OF WORLD PREFABRICATED CONSTRUCTION MARKET CHALLENGES
- 8.4.4. KEY PLAYERS IN REST OF WORLD PREFABRICATED CONSTRUCTION MARKET
- 8.4.5. REGIONAL ANALYSIS
  - 8.4.5.1. LATIN AMERICA
  - 8.4.5.1.1. LATIN AMERICA PREFABRICATED CONSTRUCTION MARKET SIZE & OPPORTUNITIES
  - 8.4.5.2. MIDDLE EAST & AFRICA
  - 8.4.5.2.1. MIDDLE EAST & AFRICA PREFABRICATED CONSTRUCTION MARKET SIZE & OPPORTUNITIES

9. COMPETITIVE LANDSCAPE

9.1. KEY STRATEGIC DEVELOPMENTS
- 9.1.1. MERGERS & ACQUISITIONS
- 9.1.2. PRODUCT LAUNCHES
- 9.1.3. PARTNERSHIPS
- 9.1.4. BUSINESS DIVESTITURES
9.2. COMPANY PROFILES
- 9.2.1. ALHO SYSTEMBAU GMBH
  - 9.2.1.1. COMPANY OVERVIEW
  - 9.2.1.2. PRODUCT LIST
- 9.2.2. ASTRON
  - 9.2.2.1. COMPANY OVERVIEW
  - 9.2.2.2. PRODUCT LIST
- 9.2.3. BERKELEY GROUP (BERKELEY MODULAR)
  - 9.2.3.1. COMPANY OVERVIEW
  - 9.2.3.2. PRODUCT LIST
- 9.2.4. BOUYGUES BATIMENT INTERNATIONAL
  - 9.2.4.1. COMPANY OVERVIEW
  - 9.2.4.2. PRODUCT LIST
- 9.2.5. CERAMIC HOUSES
  - 9.2.5.1. COMPANY OVERVIEW
  - 9.2.5.2. PRODUCT LIST
- 9.2.6. CORNERSTONE BUILDING BRANDS
  - 9.2.6.1. COMPANY OVERVIEW
  - 9.2.6.2. PRODUCT LIST
- 9.2.7. KIRBY BUILDING SYSTEMS
  - 9.2.7.1. COMPANY OVERVIEW
  - 9.2.7.2. PRODUCT LIST
- 9.2.8. MODERN PREFAB SYSTEMS
  - 9.2.8.1. COMPANY OVERVIEW
  - 9.2.8.2. PRODUCT LIST
- 9.2.9. MOELVEN
  - 9.2.9.1. COMPANY OVERVIEW
  - 9.2.9.2. PRODUCT LIST
- 9.2.10. RITZ-CRAFT CORPORATION
  - 9.2.10.1. COMPANY OVERVIEW
  - 9.2.10.2. PRODUCT LIST
- 9.2.11. SEGEZHA GROUP
  - 9.2.11.1. COMPANY OVERVIEW
  - 9.2.11.2. PRODUCT LIST
- 9.2.12. SEKISUI
  - 9.2.12.1. COMPANY OVERVIEW
  - 9.2.12.2. PRODUCT LIST
- 9.2.13. SKANSKA GROUP
  - 9.2.13.1. COMPANY OVERVIEW
  - 9.2.13.2. PRODUCT LIST
- 9.2.14. SKYLINE CHAMPION CORPORATION
  - 9.2.14.1. COMPANY OVERVIEW
  - 9.2.14.2. PRODUCT LIST
- 9.2.15. VITAHUS
  - 9.2.15.1. COMPANY OVERVIEW
  - 9.2.15.2. PRODUCT LIST