Global Prefabrication Market Research Report Information by Product Type, by Material, by Construction Type, By Prefabrication Form, by Application, by Region Market Forecast Till 2032

Description

List of Tables

Global Prefabrication Market Research Report Information by Product Type (Panels, Modules, Frames, Girders, And Others), by Material (Concrete, Steel, Wood, Plastic, Others), by Construction Type (Panelized Construction, Modular Construction, by-engineered Buildings, Other Construction Type), By Prefabrication Form (Full, Partial), by Application (Residential, Non-residential), by Region (North America, Europe, Asia-Pacific, South America, Middle East & Africa) Market Forecast Till 2032

Market Overview

In 2023, the prefabrication market was estimated to be worth USD 2,11,400.0 million. During the forecast period (2024-2032), the Global Prefabrication industry is anticipated to experience a compound annual growth rate (CAGR) of 5.62%, increasing from USD 2,24,612.5 Million in 2024 to USD 3,47,846.2 Million.

Prefabrication is driven by the demand for cost-effective, expedited construction methods in response to the rapid tempo of urbanization and industrialization throughout the forecast period.

Market segment insights

The Prefabrication Market has been segmented into panels, modules, frames, girders, and other products based on their respective product types.

The market is segmented by material into the following categories: Concrete, Steel, Wood, Plastic, and Others.

The market is segmented into Panelized Construction, Modular Construction, Pre-engineered Buildings, and Other Construction Type.

The market is segmented into Full and Partial based on the prefabrication form. Based on application, the market is divided into Residential and Non-Residential segments.

Regional Perspectives

The Prefabrication Market report has been segmented by region into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. The prefabrication market in North America is currently experiencing significant growth, which is being driven by a combination of technological advancements, labor shortages, and the increasing demand for sustainable construction practices. The construction industry in the United States and Canada is gradually transitioning to modular and prefabricated building solutions. These solutions offer enhanced quality control, reduced waste, and expedited project timelines. This shift is particularly evident in urban areas, where the high demand for residential and commercial spaces requires the adoption of more efficient and expedited construction methods.

One of the primary factors propelling the prefabrication market in North America is the ongoing labor scarcity in the construction industry. The scarcity of skilled labor is leading to an increase in labor costs and project delays. The utilization of prefabrication enables the completion of a greater quantity of construction work in controlled factory environments, thereby reducing the need for on-site labor and enabling the automation of task execution. This alleviates these concerns. This method not only expedites construction but also mitigates the probability of delays caused by inclement weather, which is common in numerous regions of North America.

It is anticipated that the European nano metrology market will be among the most prominent. Nano meteorology has experienced rapid expansion in a variety of applications in recent years. In the years ahead, the number of applications and research and development in Nano Metrology will continue to expand. Prefabrication is being utilized effectively due to its adaptability. Through ongoing research into the most efficient physical measurements and specific projects assigned to Prefabrication, the Service National Standards of the FPS Economy are instrumental in the growth.

Major Players

Riko Hise d.o.o., RED SEA INTERNATIONAL, Lendlease Corporation, LARSEN & TOUBRO LIMITED, Guerdon, LLC, Barratt Developments PLC, Skanska, Clayton, Daiwa House, and Morton Buildings, Inc. are among the key companies in the prefabrication market.

Product Code: MRFR/CO/38335-CR

1 EXECUTIVE SUMMARY

2 MARKET INTRODUCTION

2.1 DEFINITION
2.2 SCOPE OF THE STUDY
2.3 RESEARCH OBJECTIVE
2.4 MARKET STRUCTURE

3 RESEARCH METHODOLOGY

3.1 OVERVIEW
3.2 DATA FLOW
- 3.2.1 DATA MINING PROCESS
3.3 PURCHASED DATABASE:
3.4 SECONDARY SOURCES:
- 3.4.1 SECONDARY RESEARCH DATA FLOW:
3.5 PRIMARY RESEARCH:
- 3.5.1 PRIMARY RESEARCH DATA FLOW:
- 3.5.2 PRIMARY RESEARCH: NUMBER OF INTERVIEWS CONDUCTED
- 3.5.3 PRIMARY RESEARCH: REGIONAL COVERAGE
3.6 APPROACHES FOR MARKET SIZE ESTIMATION:
- 3.6.1 CONSUMPTION & NET TRADE APPROACH
- 3.6.2 REVENUE ANALYSIS APPROACH
3.7 DATA FORECASTING
- 3.7.1 DATA FORECASTING TECHNIQUE
3.8 DATA MODELING
- 3.8.1 MICROECONOMIC FACTOR ANALYSIS:
- 3.8.2 DATA MODELING:
3.9 TEAMS AND ANALYST CONTRIBUTION

4 MARKET DYNAMICS

4.1 INTRODUCTION
4.2 DRIVERS
- 4.2.1 GROWING DEMAND FOR SUSTAINABLE AND ENERGY-EFFICIENT BUILDING SOLUTIONS
- 4.2.2 INCREASING DEMAND FOR HEALTHCARE FACILITIES
- 4.2.3 THE NEED FOR COST-EFFECTIVE CONSTRUCTION METHODS
4.3 RESTRAINTS
- 4.3.1 RESTRICTED DESIGN FLEXIBILITY
- 4.3.2 INITIAL COST ASSOCIATED WITH SETTING UP PREFABRICATION FACILITIES
- 4.3.3 TRANSPORTING LARGE PREFABRICATED COMPONENTS TO THE CONSTRUCTION SITE CAN BE COMPLEX AND COSTLY
4.4 OPPORTUNITY
- 4.4.1 CONSTRUCTION OF EDUCATIONAL FACILITIES
- 4.4.2 THE RISING TREND OF GREEN BUILDINGS AND THE NEED FOR EFFECTIVE HEAT MANAGEMENT
4.5 IMPACT ANALYSIS OF COVID-19
- 4.5.1 IMPACT ON OVERALL PREFABRICATION INDUSTRY
  - 4.5.1.1 ECONOMIC IMPACT
- 4.5.2 IMPACT ON THE GLOBAL PREFABRICATION MARKET
- 4.5.3 IMPACT ON THE SUPPLY CHAIN OF PREFABRICATION
  - 4.5.3.1 PRICE VARIATION OF KEY MATERIALS
  - 4.5.3.2 PRODUCTION SHUTDOWN
  - 4.5.3.3 CASH FLOW CONSTRAINTS
  - 4.5.3.4 IMPACT ON IMPORT/EXPORT
- 4.5.4 IMPACT ON MARKET DEMAND OF PREFABRICATION
  - 4.5.4.1 IMPACT DUE TO RESTRICTIONS/LOCKDOWN
  - 4.5.4.2 CONSUMER SENTIMENTS
- 4.5.5 IMPACT ON PRICING OF PREFABRICATION

5 MARKET FACTOR ANALYSIS

5.1 SUPPLY/VALUE CHAIN ANALYSIS
- 5.1.1 PARTICIPANTS
  - 5.1.1.1 RAW MATERIALS
  - 5.1.1.2 MANUFACTURING PROCESS
  - 5.1.1.3 QUALITY CONTROL AND COMPLIANCE
  - 5.1.1.4 LOGISTICS AND DISTRIBUTION
- 5.1.2 VALUE PERCOLATION ACROSS THE CHAIN
- 5.1.3 INTEGRATION LEVELS
- 5.1.4 KEY ISSUES ADDRESSED
5.2 PORTER'S FIVE FORCES MODEL
- 5.2.1 BARGAINING POWER OF SUPPLIERS
- 5.2.2 BARGAINING POWER OF BUYERS
- 5.2.3 THREAT OF NEW ENTRANTS
- 5.2.4 THREAT OF SUBSTITUTES
- 5.2.5 INTENSITY OF RIVALRY

6 GLOBAL PREFABRICATION MARKET, BY PRODUCT TYPE

6.1 INTRODUCTION
6.2 PANELS
6.3 MODULES
6.4 FRAMES
6.5 GIRDERS
6.6 OTHERS

7 GLOBAL PREFABRICATION MARKET, BY MATERIAL

7.1 INTRODUCTION
7.2 CONCRETE
7.3 STEEL
7.4 WOOD
7.5 PLASTIC
7.6 OTHERS

8 GLOBAL PREFABRICATION MARKET, BY CONSTRUCTION TYPE

8.1 INTRODUCTION
8.2 MODULAR CONSTRUCTION
8.3 PANELIZED CONSTRUCTION
8.4 PRE-ENGINEERED BUILDINGS
8.5 OTHERS

9 GLOBAL PREFABRICATION MARKET, BY PREFABRICATION FORM

9.1 INTRODUCTION
9.2 FULL
9.3 PARTIAL

10 GLOBAL PREFABRICATION MARKET, BY APPLICATION

10.1 INTRODUCTION
10.2 RESIDENTIAL
- 10.2.1 SINGLE-FAMILY HOUSES
- 10.2.2 MULTI-FAMILY HOUSES
10.3 NON-RESIDENTIAL
- 10.3.1 COMMERCIAL
  - 10.3.1.1 OFFICE BUILDINGS
  - 10.3.1.2 RETAIL OUTLETS
  - 10.3.1.3 HOTELS AND RESTAURANTS
  - 10.3.1.4 OTHERS
- 10.3.2 INSTITUTIONAL
  - 10.3.2.1 HEALTHCARE FACILITIES
  - 10.3.2.2 EDUCATIONAL INSTITUTIONS
  - 10.3.2.3 OTHERS
- 10.3.3 INDUSTRIAL
  - 10.3.3.1 MANUFACTURING PLANTS
  - 10.3.3.2 WAREHOUSES
  - 10.3.3.3 OTHERS
- 10.3.4 OTHERS

11 GLOBAL PREFABRICATION MARKET, BY REGION

11.1 OVERVIEW
11.2 NORTH AMERICA
- 11.2.1 U.S.
- 11.2.2 CANADA
- 11.2.3 MEXICO
11.3 EUROPE
- 11.3.1 GERMANY
- 11.3.2 FRANCE
- 11.3.3 U.K.
- 11.3.4 SPAIN
- 11.3.5 ITALY
- 11.3.6 SWITZERLAND
- 11.3.7 NETHERLAND
- 11.3.8 RUSSIA
- 11.3.9 REST OF EUROPE
11.4 ASIA-PACIFIC
- 11.4.1 CHINA
- 11.4.2 INDIA
- 11.4.3 JAPAN
- 11.4.4 SOUTH KOREA
- 11.4.5 REST OF ASIA-PACIFIC
11.5 MIDDLE EAST AND AFRICA
- 11.5.1 UAE
- 11.5.2 SAUDI ARABIA
- 11.5.3 SOUTH AFRICA
- 11.5.4 REST OF MEA
11.6 SOUTH AMERICA
- 11.6.1 BRAZIL
- 11.6.2 ARGENTINA
- 11.6.3 PERU
- 11.6.4 REST OF SOUTH AMERICA

12 COMPETITIVE LANDSCAPE

12.1 INTRODUCTION
12.2 COMPETITION DASHBOARD
- 12.2.1 PRODUCT PORTFOLIO
- 12.2.2 REGIONAL PRESENCE
- 12.2.3 STRATEGIC ALLIANCES
- 12.2.4 INDUSTRY EXPERIENCES
12.3 MARKET SHARE ANALYSIS,
12.4 THE LEADING PLAYER IN TERMS OF NUMBER OF DEVELOPMENTS IN THE GLOBAL PREFABRICATION MARKET
12.5 LIST OF KEY PLAYERS, BY REGION
12.6 COMPARATIVE ANALYSIS: KEY PLAYERS FINANCIAL
12.7 KEY DEVELOPMENTS & GROWTH STRATEGIES
- 12.7.1 NEW PRODUCT LAUNCH/SERVICE DEPLOYMENT
- 12.7.2 EXPANSION & ACQUISITION

13 COMPANY PROFILES

13.1 RIKO HISE D.O.O.
- 13.1.1 COMPANY OVERVIEW
- 13.1.2 PRODUCTS OFFERED
- 13.1.3 SWOT ANALYSIS
- 13.1.4 KEY STRATEGY
13.2 RED SEA INTERNATIONAL
- 13.2.1 COMPANY OVERVIEW
- 13.2.2 FINANCIAL OVERVIEW
- 13.2.3 PRODUCTS OFFERED
- 13.2.4 SWOT ANALYSIS
- 13.2.5 KEY DEVELOPMENTS
- 13.2.6 KEY STRATEGY
13.3 LENDLEASE CORPORATION
- 13.3.1 COMPANY OVERVIEW
- 13.3.2 PRODUCTS OFFERED
- 13.3.3 SWOT ANALYSIS
- 13.3.4 KEY STRATEGY
13.4 LARSEN & TOUBRO LIMITED
- 13.4.1 COMPANY OVERVIEW
- 13.4.2 FINANCIAL OVERVIEW
- 13.4.3 PRODUCTS OFFERED
- 13.4.4 SWOT ANALYSIS
- 13.4.5 KEY STRATEGY
13.5 GUERDON, LLC
- 13.5.1 COMPANY OVERVIEW
- 13.5.2 PRODUCTS OFFERED
- 13.5.3 SWOT ANALYSIS
- 13.5.4 KEY DEVELOPMENTS
- 13.5.5 KEY STRATEGY
13.6 BARRATT DEVELOPMENTS PLC
- 13.6.1 COMPANY OVERVIEW
- 13.6.2 FINANCIAL OVERVIEW
- 13.6.3 PRODUCTS OFFERED
- 13.6.4 SWOT ANALYSIS
- 13.6.5 KEY STRATEGY
13.7 SKANSKA
- 13.7.1 COMPANY OVERVIEW
- 13.7.2 FINANCIAL OVERVIEW
- 13.7.3 PRODUCTS OFFERED
- 13.7.4 SWOT ANALYSIS
- 13.7.5 KEY STRATEGY
13.8 CLAYTON
- 13.8.1 COMPANY OVERVIEW
- 13.8.2 PRODUCTS OFFERED
- 13.8.3 SWOT ANALYSIS
- 13.8.4 KEY STRATEGY
13.9 DAIWA HOUSE
- 13.9.1 COMPANY OVERVIEW
- 13.9.2 PRODUCTS OFFERED
- 13.9.3 SWOT ANALYSIS
- 13.9.4 KEY STRATEGY
13.10 MORTON BUILDINGS, INC
- 13.10.1 COMPANY OVERVIEW
- 13.10.2 PRODUCTS OFFERED
- 13.10.3 SWOT ANALYSIS
- 13.10.4 KEY STRATEGY
13.11 DATA CITATIONS