Global Prefabricated Building Industry (2020 to 2027) – Market Trajectory and Analysis

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DUBLIN, September 16, 2021– (BUSINESS WIRE) – The “Prefabricated Buildings – Global Market Trajectory and Analysis” report has been added to ResearchAndMarkets.com offer.

Amid the COVID-19 crisis, the global prefabricated building market, estimated at US $ 107.6 billion in 2020, is expected to reach a revised size of US $ 136.4 billion by 2027, growing to a CAGR of 3.4% over the analysis period 2020-2027.

Skeleton System, one of the segments analyzed in the report, is expected to register a CAGR of 3.2% and reach $ 34.4 billion by the end of the analysis period. After an initial analysis of the business implications of the pandemic and the induced economic crisis, the growth of the Panel System segment is readjusted to a revised CAGR of 3.8% for the next 7-year period.

The US market is estimated at $ 29.1 billion, while China is expected to grow at 6.2% CAGR

The prefabricated building market in the United States is estimated at US $ 29.1 billion in 2020. China, the world’s second-largest economy, is expected to reach a projected market size of US $ 28.3 billion by 2027, with a CAGR of 6.2% during the analysis period 2020 to 2027.

Other notable geographic markets include Japan and Canada, each forecasting growth of 1% and 2.6% respectively over the period 2020-2027. In Europe, Germany is expected to grow by around 1.7% CAGR.

Cellular Systems Segment to Record 3.5% CAGR

In the global cellular systems segment, the United States, Canada, Japan, China and Europe will lead the estimated 3% CAGR for this segment. These regional markets representing a combined market size of US $ 17.8 billion in 2020 will reach a projected size of US $ 21.9 billion by the end of the analysis period. China will remain among the fastest growing countries in this group of regional markets. Led by countries such as Australia, India and South Korea, the Asia-Pacific market is expected to reach $ 19.1 billion by 2027, while Latin America will grow at a CAGR of 4 , 2% during the analysis period.

Selected Competitors (Total 292 featured):

  • Algéco Group
  • Astron Buildings SA
  • Butler Manufacturing Company
  • Champion Home Builders, Inc.
  • Kirby Building Systems India Ltd.
  • Lindal Cedar Homes, Inc.
  • Modern Prefabricated Systems Pvt. Ltd.
  • By Kut International, Inc.
  • Red Sea Housing Services
  • Ritz-Craft Corporation
  • Solid Partition Systems, Inc.

Main topics covered:

I. METHODOLOGY

II. ABSTRACT

1. MARKET OVERVIEW

  • Overview of the influencer market
  • Global market trajectories
  • Impact of Covid-19 and an impending global recession

2. FOCUS ON CERTAIN PLAYERS

3. MARKET TRENDS AND FACTORS

4. WORLD MARKET PERSPECTIVE

III. MARKET ANALYSIS

  • UNITED STATES
  • CANADA
  • JAPAN
  • CHINA
  • EUROPE
  • FRANCE
  • GERMANY
  • ITALY
  • UK
  • SPAIN
  • RUSSIA
  • THE REST OF EUROPE
  • ASIA PACIFIC
  • AUSTRALIA
  • INDIA
  • SOUTH KOREA
  • REST OF ASIA PACIFIC
  • LATIN AMERICA
  • ARGENTINA
  • BRAZIL
  • MEXICO
  • REST OF LATIN AMERICA
  • MIDDLE EAST
  • IRAN
  • ISRAEL
  • SAUDI ARABIA
  • UNITED ARAB EMIRATES
  • REST OF MIDDLE EAST
  • AFRICA

IV. COMPETETION

For more information on this report, visit https://www.researchandmarkets.com/r/vpe1k1

See the source version on businesswire.com: https://www.businesswire.com/news/home/20210916005901/en/

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