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GLOBAL PREFABRICATED CONSTRUCTION MARKET FORECAST 2023-2032

SCOPE OF THE REPORT

Global Prefabricated Construction Market by Material (Steel, Concrete, Wood, Other Materials) Market by System (Cellular System, Panel System, Skeleton System, Combined System, Other Systems) Market by Application (Residential Prefabricated Construction, Non-residential Prefabricated Construction) by Geography


MARKET OVERVIEW

The global prefabricated construction market was valued at $117.62 billion in 2022, and is expected to reach $269.02 billion by 2032, growing at a CAGR of 8.70% during the forecast period, 2023-2032.Prefabricated or ‘prefab’ constructions refer to manufacturing prefabricated panels and modules in a controlled, factory-like setting. This general term refers to any form of construction completed in a factory away from the actual construction site. Presently, prefabricated construction is one of the most popular forms used to construct non-residential buildings. It is regarded as an environmentally friendly construction method since the waste produced by these modules is recycled on-site in the factory. Since the structures are manufactured in a factory, there is no site disturbance. Prefabricated structures can also be built more swiftly than conventional units, thus making it a type of efficient and affordable construction. Greater control over weather, quality, and supervision are among the benefits of prefabricated construction over conventional on-site construction.Furthermore, prefabricated construction cuts the creative time significantly. It is more stable, stronger, and easier than conventional building methods. This decreases the risk of failure and makes repairs quick and low-cost. It also offers flexibility that is cost-effective for architects and designers. Over the last few decades, the global prefabricated building market has introduced disruptive technologies such as smart construction. Smart robots are also used as a vital part of prefabricated construction. Moreover, the market is witnessing intense competition in recent years regarding product launches and pricing. Besides, manufactured homes can be used for permanent, semi-permanent, or temporary applications because of their longer service life and affordable costs.

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GROWTH ENABLERS

Key growth enablers of the global prefabricated construction market are:

  • Increasing demand for high-end & customized solutions
  • High profitability
  • Mass township projects are investing in prefabricated technology
    • Prefabricated materials can be used for all types of construction projects, like low rises, high rises, and mass townships. It is specifically useful since it reduces both time and dependence on labor. Another benefit is durability. 
    • Further, several governments worldwide are taking initiatives to provide affordable housing for all. For instance, Saudi Arabia has a home ownership strategy, which estimates that 70% of the residents will possess homes by 2030. It aims to provide a dignified life for Saudi families by enabling them to own houses that match their needs and financial capabilities.
    • Accordingly, Saudi Arabia’s latest budget shows that the government is focusing on infrastructural reforms as per the 2030 vision.
  • Emergence of modern technology and advanced solutions
  • Growing demand for branded designers

GROWTH RESTRAINTS

Key growth restraining factors of the global prefabricated construction market are:

  • Lack of awareness
  • High initial investments
    • Heavy and sophisticated machines are essential for installing a prefabricated home, which requires a high initial investment for prefabricated material manufacturers or the constructers if the constructer is taking charge of assembling them. 
    • Also, large-scale prefabricated construction projects must be available to ensure enough profits. If the concept is not in demand or not accepted, then prefabricated materials manufacturers may not get enough orders, hindering profits in the long run.
  • Difficulties in supply chain integration

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KEY MARKET TRENDS

Global Prefabricated Construction Market | Key Market Trends

  • The demand for interior turnkey solutions has steadily increased due to the rising demand for commercial real estate and private housing. Several start-ups, collaborative workplaces, and new/existing businesses choose to use complete fit-out services. Turnkey is the ideal solution for interior business design complexities as it offers a one-stop shop that minimizes time constraints.
  • There is a growing trend among construction companies to use materials that promote sustainability. Hence, builders are increasingly investing in product development to enhance environmental sustainability, as end-users are increasingly looking for durable, regulatory-compliant, and sustainable products.
  • In many developing cities, space is becoming increasingly limited. As a result, both individuals and businesses are looking for solutions that can meet their expanding space demands. Thus, prefabricated buildings are viewed as a viable choice. Compared to conventional building, it makes material costs cheaper. Moreover, it minimizes the need for interior support, maximizing the usable floor area.

MARKET SEGMENTATION

Market Segmentation – Material, System, and Application –

Market by Material:

  • Steel
    • Steel is the largest revenue-generating material in the market.
    • Due to its demonstrated strength and longevity, steel is the material with which prefabricated structures are most frequently made of. 
    • Steelwork, which typically comprises columns and beams bolted or welded together, is used to create the skeleton frame or skeleton system of a building or other physical object.
    • Also, steel framing is frequently associated with on-site design when steel columns and I-beams are erected into a straight framework that binds the structure. 
    • Further, steel frames are utilized in mid- to high-rise prefabricated and lightweight structures because of their low weight, ease of transportation, and capacity to be recycled.
  • Concrete
  • Wood
  • Plastic

Market by System:

  • Cellular System
  • Panel System
    • Large slab components (panels) produced in factories and assembled on-site are used to construct prefabricated parts of buildings and structures. 
    • A number of cutting-edge industrial structural components are large-panel frameworks. They are deployed in the manufacture of apartment buildings, public & commercial structures, roads, airports, dams, and canals.
  • Skeleton System
  • Combined System
  • Other Systems

Market by Application:

  • Residential Prefabricated Construction
  • Non-Residential Prefabricated Construction
    • Commercial
    • Education
    • Government
    • Hospitality
    • Other Non-Residential Prefabricated Construction

GEOGRAPHICAL STUDY

Geographical Study Based on Four Major Regions:
  • North America: The United States and Canada
  • Europe: The United Kingdom, Germany, France, Italy, Spain, Belgium, Poland, and Rest of Europe
    • The Europe prefabricated construction market is witnessing steady growth as people increasingly focus on readymade solutions that match their criteria. 
    • The acceptance of the prefabricated manufacturing form, ease of planning, consent processes, durability, and low costs are expected to further boost market demands. 
    • Meanwhile, the demand for better quality homes from a sustainability point of view offers growth opportunities. 
    • Also, the use of advanced technologies, such as additive manufacturing, contributes to market growth.
  • Asia-Pacific: China, Japan, India, South Korea, Indonesia, Thailand, Vietnam, Australia, New Zealand, and Rest of Asia-Pacific
  • Rest of World: Latin America, the Middle East & Africa

MAJOR PLAYERS

Some of the major players in the global prefabricated construction market are:

  • Astron
  • Berkeley Group (Berkeley Modular)
  • Bouygues Bâtiment International
  • Cornerstone Building Brands
  • Sekisui
  • Skanska Group

Key strategies adopted by some of these companies:

  • December 2022: Modulaire Group announced acquiring Mobile Mini UK Holdings Limited (‘Mobile Mini UK’) from a WillScot Mobile Mini Holdings Corp subsidiary. With a national network of 16 locations in the UK, Mobile Mini UK is a leading supplier of steel storage and accommodation units across numerous sectors, including construction, retail, manufacturing, healthcare, and education.
  • June 2022: Octopus Energy and ilke Homes entered into a world-first strategic partnership to roll out the UK’s first housing strategy that guarantees residents zero energy bills. The two pioneering British tech firms are launching the partnership on a site in Essex where ilke Homes will deliver the UK’s largest zero-carbon housing development.

January 2021: Astron launched ‘TopFit,’ a new concept for architectural finishes of industrial buildings with an aesthetical touch and good thermal performance. It consists of prefabricated profiles, cut to length in a factory and delivered with all the necessary small parts that enable a faster and more precise site assembly and wall installation.

REPORT SYNOPSIS

REPORT SCOPEDETAILS
Market Forecast Years2023-2032
Base Year2022
Market Historical Years2018-2022
Forecast UnitsRevenue ($ Billion)
Segments AnalyzedMaterial, System, Application
Geographies AnalyzedNorth America, Europe, Asia-Pacific, and Rest of World
Companies Analyzed

ALHO Systembau GmbH, ASTRON, Berkeley Group (Berkeley Modular), Bouygues Bâtiment International, Ceramic Houses, Cornerstone Building Brands, Kirby Building Systems, Modern Prefab Systems, Moelven, Ritz-Craft Corporation, Segezha Group, Sekisui, Skanska Group, Skyline Champion Corporation, VitaHus

TABLE OF CONTENT

  1. RESEARCH SCOPE & METHODOLOGY
    1. STUDY OBJECTIVES
    2. METHODOLOGY
    3. ASSUMPTIONS & LIMITATIONS
  2. EXECUTIVE SUMMARY
    1. MARKET SIZE & ESTIMATES
    2. MARKET OVERVIEW
    3. SCOPE OF STUDY
    4. CRISIS SCENARIO ANALYSIS
    5. MAJOR MARKET FINDINGS
      1. PREFABRICATED MATERIALS ENABLE ENERGY EFFICIENCY AND SUSTAINABLE CONSTRUCTION
      2. ISSUES RELATED TO ZONING AND LAND AGREEMENTS COULD RESTRAIN MARKET GROWTH
      3. DEVELOPING COUNTRIES SET TO OFFER LUCRATIVE GROWTH OPPORTUNITIES
  3. MARKET DYNAMICS
    1. KEY DRIVERS
      1. INCREASING DEMAND FOR HIGH-END & CUSTOMIZED SOLUTIONS
      2. HIGH PROFITABILITY
      3. MASS TOWNSHIP PROJECTS ARE INVESTING IN PREFABRICATED TECHNOLOGY
      4. EMERGENCE OF MODERN TECHNOLOGY AND ADVANCED SOLUTIONS
      5. GROWING DEMAND FOR BRANDED DESIGNERS
    2. KEY RESTRAINTS
      1. LACK OF AWARENESS
      2. HIGH INITIAL INVESTMENTS
      3. DIFFICULTIES IN SUPPLY CHAIN INTEGRATION
  4. KEY ANALYTICS
    1. KEY MARKET TRENDS
    2. PORTER’S FIVE FORCES ANALYSIS
      1. BUYERS POWER
      2. SUPPLIERS POWER
      3. SUBSTITUTION
      4. NEW ENTRANTS
      5. INDUSTRY RIVALRY
    3. GROWTH PROSPECT MAPPING
      1. GROWTH PROSPECT MAPPING FOR UNITED STATES
      2. GROWTH PROSPECT MAPPING FOR GERMANY
      3. GROWTH PROSPECT MAPPING FOR JAPAN
      4. GROWTH PROSPECT MAPPING FOR SAUDI ARABIA
    4. MARKET MATURITY ANALYSIS
    5. MARKET CONCENTRATION ANALYSIS
    6. VALUE CHAIN ANALYSIS
    7. COST STRUCTURE ANALYSIS
  5. MARKET BY MATERIAL
    1. STEEL
    2. CONCRETE
    3. WOOD
    4. OTHER MATERIALS
  6. MARKET BY SYSTEM
    1. CELLULAR SYSTEM
    2. PANEL SYSTEM
    3. SKELETON SYSTEM
    4. COMBINED SYSTEM
    5. OTHER SYSTEMS
  7. MARKET BY APPLICATION
    1. RESIDENTIAL PREFABRICATED CONSTRUCTION
    2. NON-RESIDENTIAL PREFABRICATED CONSTRUCTION
      1. COMMERCIAL
      2. EDUCATION
      3. GOVERNMENT
      4. HOSPITALITY
      5. OTHER NON-RESIDENTIAL PREFABRICATED CONSTRUCTION
  8. GEOGRAPHICAL ANALYSIS
    1. NORTH AMERICA
      1. MARKET SIZE & ESTIMATES
      2. NORTH AMERICA PREFABRICATED CONSTRUCTION MARKET DRIVERS
      3. NORTH AMERICA PREFABRICATED CONSTRUCTION MARKET CHALLENGES
      4. KEY PLAYERS IN NORTH AMERICA PREFABRICATED CONSTRUCTION MARKET
      5. COUNTRY ANALYSIS
        1. UNITED STATES
          1. UNITED STATES PREFABRICATED CONSTRUCTION MARKET SIZE & OPPORTUNITIES
        2. CANADA
          1. CANADA PREFABRICATED CONSTRUCTION MARKET SIZE & OPPORTUNITIES
    2. EUROPE
      1. MARKET SIZE & ESTIMATES
      2. EUROPE PREFABRICATED CONSTRUCTION MARKET DRIVERS
      3. EUROPE PREFABRICATED CONSTRUCTION MARKET CHALLENGES
      4. KEY PLAYERS IN EUROPE PREFABRICATED CONSTRUCTION MARKET
      5. COUNTRY ANALYSIS
        1. UNITED KINGDOM
          1. UNITED KINGDOM PREFABRICATED CONSTRUCTION MARKET SIZE & OPPORTUNITIES
        2. GERMANY
          1. GERMANY PREFABRICATED CONSTRUCTION MARKET SIZE & OPPORTUNITIES
        3. FRANCE
          1. FRANCE PREFABRICATED CONSTRUCTION MARKET SIZE & OPPORTUNITIES
        4. ITALY
          1. ITALY PREFABRICATED CONSTRUCTION MARKET SIZE & OPPORTUNITIES
        5. SPAIN
          1. SPAIN PREFABRICATED CONSTRUCTION MARKET SIZE & OPPORTUNITIES
        6. BELGIUM
          1. BELGIUM PREFABRICATED CONSTRUCTION MARKET SIZE & OPPORTUNITIES
        7. POLAND
          1. POLAND PREFABRICATED CONSTRUCTION MARKET SIZE & OPPORTUNITIES
        8. REST OF EUROPE
          1. REST OF EUROPE PREFABRICATED CONSTRUCTION MARKET SIZE & OPPORTUNITIES
    3. ASIA-PACIFIC
      1. MARKET SIZE & ESTIMATES
      2. ASIA-PACIFIC PREFABRICATED CONSTRUCTION MARKET DRIVERS
      3. ASIA-PACIFIC PREFABRICATED CONSTRUCTION MARKET CHALLENGES
      4. KEY PLAYERS IN ASIA-PACIFIC PREFABRICATED CONSTRUCTION MARKET
      5. COUNTRY ANALYSIS
        1. CHINA
          1. CHINA PREFABRICATED CONSTRUCTION MARKET SIZE & OPPORTUNITIES
        2. JAPAN
          1. JAPAN PREFABRICATED CONSTRUCTION MARKET SIZE & OPPORTUNITIES
        3. INDIA
          1. INDIA PREFABRICATED CONSTRUCTION MARKET SIZE & OPPORTUNITIES
        4. SOUTH KOREA
          1. SOUTH KOREA PREFABRICATED CONSTRUCTION MARKET SIZE & OPPORTUNITIES
        5. INDONESIA
          1. INDONESIA PREFABRICATED CONSTRUCTION MARKET SIZE & OPPORTUNITIES
        6. THAILAND
          1. THAILAND PREFABRICATED CONSTRUCTION MARKET SIZE & OPPORTUNITIES
        7. VIETNAM
          1. VIETNAM PREFABRICATED CONSTRUCTION MARKET SIZE & OPPORTUNITIES
        8. AUSTRALIA & NEW ZEALAND
          1. AUSTRALIA & NEW ZEALAND PREFABRICATED CONSTRUCTION MARKET SIZE & OPPORTUNITIES
        9. REST OF ASIA-PACIFIC
          1. REST OF ASIA-PACIFIC PREFABRICATED CONSTRUCTION MARKET SIZE & OPPORTUNITIES
    4. REST OF WORLD
      1. MARKET SIZE & ESTIMATES
      2. REST OF WORLD PREFABRICATED CONSTRUCTION MARKET DRIVERS
      3. REST OF WORLD PREFABRICATED CONSTRUCTION MARKET CHALLENGES
      4. KEY PLAYERS IN REST OF WORLD PREFABRICATED CONSTRUCTION MARKET
      5. REGIONAL ANALYSIS
        1. LATIN AMERICA
          1. LATIN AMERICA PREFABRICATED CONSTRUCTION MARKET SIZE & OPPORTUNITIES
        2. MIDDLE EAST & AFRICA
          1. MIDDLE EAST & AFRICA PREFABRICATED CONSTRUCTION MARKET SIZE & OPPORTUNITIES
  9. COMPETITIVE LANDSCAPE
    1. KEY STRATEGIC DEVELOPMENTS
      1. MERGERS & ACQUISITIONS
      2. PRODUCT LAUNCHES
      3. PARTNERSHIPS
      4. BUSINESS DIVESTITURES
    2. COMPANY PROFILES
      1. ALHO SYSTEMBAU GMBH
        1. COMPANY OVERVIEW
        2. PRODUCT LIST
      2. ASTRON
        1. COMPANY OVERVIEW
        2. PRODUCT LIST
      3. BERKELEY GROUP (BERKELEY MODULAR)
        1. COMPANY OVERVIEW
        2. PRODUCT LIST
      4. BOUYGUES BÂTIMENT INTERNATIONAL
        1. COMPANY OVERVIEW
        2. PRODUCT LIST
      5. CERAMIC HOUSES
        1. COMPANY OVERVIEW
        2. PRODUCT LIST
      6. CORNERSTONE BUILDING BRANDS
        1. COMPANY OVERVIEW
        2. PRODUCT LIST
      7. KIRBY BUILDING SYSTEMS
        1. COMPANY OVERVIEW
        2. PRODUCT LIST
      8. MODERN PREFAB SYSTEMS
        1. COMPANY OVERVIEW
        2. PRODUCT LIST
      9. MOELVEN
        1. COMPANY OVERVIEW
        2. PRODUCT LIST
      10. RITZ-CRAFT CORPORATION
        1. COMPANY OVERVIEW
        2. PRODUCT LIST
      11. SEGEZHA GROUP
        1. COMPANY OVERVIEW
        2. PRODUCT LIST
      12. SEKISUI
        1. COMPANY OVERVIEW
        2. PRODUCT LIST
      13. SKANSKA GROUP
        1. COMPANY OVERVIEW
        2. PRODUCT LIST
      14. SKYLINE CHAMPION CORPORATION
        1. COMPANY OVERVIEW
        2. PRODUCT LIST
      15. VITAHUS
        1. COMPANY OVERVIEW
        2. PRODUCT LIST

LIST OF TABLES

TABLE 1: MARKET SNAPSHOT – PREFABRICATED CONSTRUCTION

TABLE 2: GLOBAL PREFABRICATED CONSTRUCTION MARKET, BY MATERIAL, HISTORICAL YEARS, 2018-2022 (IN $ BILLION)

TABLE 3: GLOBAL PREFABRICATED CONSTRUCTION MARKET, BY MATERIAL, FORECAST YEARS, 2023-2032 (IN $ BILLION)

TABLE 4: GLOBAL STEEL MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ BILLION)

TABLE 5: GLOBAL STEEL MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ BILLION)

TABLE 6: GLOBAL CONCRETE MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ BILLION)

TABLE 7: GLOBAL CONCRETE MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ BILLION)

TABLE 8: GLOBAL WOOD MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ BILLION)

TABLE 9: GLOBAL WOOD MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ BILLION)

TABLE 10: GLOBAL OTHER MATERIALS MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ BILLION)

TABLE 11: GLOBAL OTHER MATERIALS MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ BILLION)

TABLE 12: GLOBAL PREFABRICATED CONSTRUCTION MARKET, BY SYSTEM, HISTORICAL YEARS, 2018-2022 (IN $ BILLION)

TABLE 13: GLOBAL PREFABRICATED CONSTRUCTION MARKET, BY SYSTEM, FORECAST YEARS, 2023-2032 (IN $ BILLION)

TABLE 14: GLOBAL CELLULAR MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ BILLION)

TABLE 15: GLOBAL CELLULAR MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ BILLION)

TABLE 16: GLOBAL PANEL SYSTEM MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ BILLION)

TABLE 17: GLOBAL PANEL SYSTEM MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ BILLION)

TABLE 18: GLOBAL SKELETON SYSTEM MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ BILLION)

TABLE 19: GLOBAL SKELETON SYSTEM MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ BILLION)

TABLE 20: GLOBAL COMBINED SYSTEM MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ BILLION)

TABLE 21: GLOBAL COMBINED SYSTEM MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ BILLION)

TABLE 22: GLOBAL OTHER SYSTEMS MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ BILLION)

TABLE 23: GLOBAL OTHER SYSTEMS MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ BILLION)

TABLE 24: GLOBAL PREFABRICATED CONSTRUCTION MARKET, BY APPLICATION, HISTORICAL YEARS, 2018-2022 (IN $ BILLION)

TABLE 25: GLOBAL PREFABRICATED CONSTRUCTION MARKET, BY APPLICATION, FORECAST YEARS, 2023-2032 (IN $ BILLION)

TABLE 26: GLOBAL RESIDENTIAL PREFABRICATED CONSTRUCTION MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ BILLION)

TABLE 27: GLOBAL RESIDENTIAL PREFABRICATED CONSTRUCTION MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ BILLION)

TABLE 28: GLOBAL NON-RESIDENTIAL PREFABRICATED CONSTRUCTION MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ BILLION)

TABLE 29: GLOBAL NON-RESIDENTIAL PREFABRICATED CONSTRUCTION MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ BILLION)

TABLE 30: GLOBAL PREFABRICATED CONSTRUCTION MARKET, BY NON-RESIDENTIAL PREFABRICATED CONSTRUCTION, HISTORICAL YEARS, 2018-2022 (IN $ BILLION)

TABLE 31: GLOBAL PREFABRICATED CONSTRUCTION MARKET, BY NON-RESIDENTIAL PREFABRICATED CONSTRUCTION, FORECAST YEARS, 2023-2032 (IN $ BILLION)

TABLE 32: GLOBAL COMMERCIAL MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ BILLION)

TABLE 33: GLOBAL COMMERCIAL MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ BILLION)

TABLE 34: GLOBAL EDUCATION MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ BILLION)

TABLE 35: GLOBAL EDUCATION MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ BILLION)

TABLE 36: GLOBAL GOVERNMENT MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ BILLION)

TABLE 37: GLOBAL GOVERNMENT MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ BILLION)

TABLE 38: GLOBAL HOSPITALITY MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ BILLION)

TABLE 39: GLOBAL HOSPITALITY MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ BILLION)

TABLE 40: GLOBAL OTHER NON-RESIDENTIAL PREFABRICATED CONSTRUCTION MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ BILLION)

TABLE 41: GLOBAL OTHER NON-RESIDENTIAL PREFABRICATED CONSTRUCTION MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ BILLION)

TABLE 42: GLOBAL PREFABRICATED CONSTRUCTION MARKET, BY GEOGRAPHY, HISTORICAL YEARS, 2018-2022 (IN $ BILLION)

TABLE 43: GLOBAL PREFABRICATED CONSTRUCTION MARKET, BY GEOGRAPHY, FORECAST YEARS, 2023-2032 (IN $ BILLION)

TABLE 44: NORTH AMERICA PREFABRICATED CONSTRUCTION MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2022 (IN $ BILLION)

TABLE 45: NORTH AMERICA PREFABRICATED CONSTRUCTION MARKET, BY COUNTRY, FORECAST YEARS, 2023-2032 (IN $ BILLION)

TABLE 46: KEY PLAYERS OPERATING IN NORTH AMERICA PREFABRICATED CONSTRUCTION MARKET

TABLE 47: EUROPE PREFABRICATED CONSTRUCTION MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2022 (IN $ BILLION)

TABLE 48: EUROPE PREFABRICATED CONSTRUCTION MARKET, BY COUNTRY, FORECAST YEARS, 2023-2032 (IN $ BILLION)

TABLE 49: KEY PLAYERS OPERATING IN EUROPE PREFABRICATED CONSTRUCTION MARKET

TABLE 50: ASIA-PACIFIC PREFABRICATED CONSTRUCTION MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2022 (IN $ BILLION)

TABLE 51: ASIA-PACIFIC PREFABRICATED CONSTRUCTION MARKET, BY COUNTRY, FORECAST YEARS, 2023-2032 (IN $ BILLION)

TABLE 52: KEY PLAYERS OPERATING IN ASIA-PACIFIC PREFABRICATED CONSTRUCTION MARKET

TABLE 53: REST OF WORLD PREFABRICATED CONSTRUCTION MARKET, BY REGION, HISTORICAL YEARS, 2018-2022 (IN $ BILLION)

TABLE 54: REST OF WORLD PREFABRICATED CONSTRUCTION MARKET, BY REGION, FORECAST YEARS, 2023-2032 (IN $ BILLION)

TABLE 55: KEY PLAYERS OPERATING IN REST OF WORLD PREFABRICATED CONSTRUCTION MARKET

TABLE 56: LIST OF MERGERS & ACQUISITIONS

TABLE 57: LIST OF PRODUCT LAUNCHES

TABLE 58: LIST OF PARTNERSHIPS

TABLE 59: LIST OF BUSINESS DIVESTITURES

LIST OF FIGURES 

FIGURE 1: KEY MARKET TRENDS

FIGURE 2: PORTER’S FIVE FORCES ANALYSIS

FIGURE 3: GROWTH PROSPECT MAPPING FOR UNITED STATES

FIGURE 4: GROWTH PROSPECT MAPPING FOR GERMANY

FIGURE 5: GROWTH PROSPECT MAPPING FOR JAPAN

FIGURE 6: GROWTH PROSPECT MAPPING FOR SAUDI ARABIA

FIGURE 7: MARKET MATURITY ANALYSIS

FIGURE 8: MARKET CONCENTRATION ANALYSIS

FIGURE 9: VALUE CHAIN ANALYSIS

FIGURE 10: GLOBAL PREFABRICATED CONSTRUCTION MARKET, GROWTH POTENTIAL, BY MATERIAL, IN 2022

FIGURE 11: GLOBAL PREFABRICATED CONSTRUCTION MARKET, BY STEEL, 2023-2032 (IN $ BILLION)

FIGURE 12: GLOBAL PREFABRICATED CONSTRUCTION MARKET, BY CONCRETE, 2023-2032 (IN $ BILLION)

FIGURE 13: GLOBAL PREFABRICATED CONSTRUCTION MARKET, BY WOOD, 2023-2032 (IN $ BILLION)

FIGURE 14: GLOBAL PREFABRICATED CONSTRUCTION MARKET, BY OTHER MATERIALS, 2023-2032 (IN $ BILLION)

FIGURE 15: GLOBAL PREFABRICATED CONSTRUCTION MARKET, GROWTH POTENTIAL, BY SYSTEM, IN 2022

FIGURE 16: GLOBAL PREFABRICATED CONSTRUCTION MARKET, BY CELLULAR SYSTEM, 2023-2032 (IN $ BILLION)

FIGURE 17: GLOBAL PREFABRICATED CONSTRUCTION MARKET, BY PANEL SYSTEM, 2023-2032 (IN $ BILLION)

FIGURE 18: GLOBAL PREFABRICATED CONSTRUCTION MARKET, BY SKELETON SYSTEM, 2023-2032 (IN $ BILLION)

FIGURE 19: GLOBAL PREFABRICATED CONSTRUCTION MARKET, BY COMBINED SYSTEM, 2023-2032 (IN $ BILLION)

FIGURE 20: GLOBAL PREFABRICATED CONSTRUCTION MARKET, BY OTHER SYSTEMS, 2023-2032 (IN $ BILLION)

FIGURE 21: GLOBAL PREFABRICATED CONSTRUCTION MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2022

FIGURE 22: GLOBAL PREFABRICATED CONSTRUCTION MARKET, BY RESIDENTIAL PREFABRICATED CONSTRUCTION, 2023-2032 (IN $ BILLION)

FIGURE 23: GLOBAL PREFABRICATED CONSTRUCTION MARKET, BY NON-RESIDENTIAL PREFABRICATED CONSTRUCTION, 2023-2032 (IN $ BILLION)

FIGURE 24: GLOBAL PREFABRICATED CONSTRUCTION MARKET, GROWTH POTENTIAL, BY NON-RESIDENTIAL PREFABRICATED CONSTRUCTION, IN 2022

FIGURE 25: GLOBAL PREFABRICATED CONSTRUCTION MARKET, BY COMMERCIAL, 2023-2032 (IN $ BILLION)

FIGURE 26: GLOBAL PREFABRICATED CONSTRUCTION MARKET, BY EDUCATION, 2023-2032 (IN $ BILLION)

FIGURE 27: GLOBAL PREFABRICATED CONSTRUCTION MARKET, BY GOVERNMENT, 2023-2032 (IN $ BILLION)

FIGURE 28: GLOBAL PREFABRICATED CONSTRUCTION MARKET, BY HOSPITALITY, 2023-2032 (IN $ BILLION)

FIGURE 29: GLOBAL PREFABRICATED CONSTRUCTION MARKET, BY OTHER NON-RESIDENTIAL PREFABRICATED CONSTRUCTION, 2023-2032 (IN $ BILLION)

FIGURE 30: NORTH AMERICA PREFABRICATED CONSTRUCTION MARKET, COUNTRY OUTLOOK, 2022 & 2032 (IN %)

FIGURE 31: UNITED STATES PREFABRICATED CONSTRUCTION MARKET, 2023-2032 (IN $ BILLION)

FIGURE 32: CANADA PREFABRICATED CONSTRUCTION MARKET, 2023-2032 (IN $ BILLION)

FIGURE 33: EUROPE PREFABRICATED CONSTRUCTION MARKET, COUNTRY OUTLOOK, 2022 & 2032 (IN %)

FIGURE 34: UNITED KINGDOM PREFABRICATED CONSTRUCTION MARKET, 2023-2032 (IN $ BILLION)

FIGURE 35: GERMANY PREFABRICATED CONSTRUCTION MARKET, 2023-2032 (IN $ BILLION)

FIGURE 36: FRANCE PREFABRICATED CONSTRUCTION MARKET, 2023-2032 (IN $ BILLION)

FIGURE 37: ITALY PREFABRICATED CONSTRUCTION MARKET, 2023-2032 (IN $ BILLION)

FIGURE 38: SPAIN PREFABRICATED CONSTRUCTION MARKET, 2023-2032 (IN $ BILLION)

FIGURE 39: BELGIUM PREFABRICATED CONSTRUCTION MARKET, 2023-2032 (IN $ BILLION)

FIGURE 40: POLAND PREFABRICATED CONSTRUCTION MARKET, 2023-2032 (IN $ BILLION)

FIGURE 41: REST OF EUROPE PREFABRICATED CONSTRUCTION MARKET, 2023-2032 (IN $ BILLION)

FIGURE 42: ASIA-PACIFIC PREFABRICATED CONSTRUCTION MARKET, COUNTRY OUTLOOK, 2022 & 2032 (IN %)

FIGURE 43: CHINA PREFABRICATED CONSTRUCTION MARKET, 2023-2032 (IN $ BILLION)

FIGURE 44: JAPAN PREFABRICATED CONSTRUCTION MARKET, 2023-2032 (IN $ BILLION)

FIGURE 45: INDIA PREFABRICATED CONSTRUCTION MARKET, 2023-2032 (IN $ BILLION)

FIGURE 46: SOUTH KOREA PREFABRICATED CONSTRUCTION MARKET, 2023-2032 (IN $ BILLION)

FIGURE 47: INDONESIA PREFABRICATED CONSTRUCTION MARKET, 2023-2032 (IN $ BILLION)

FIGURE 48: THAILAND PREFABRICATED CONSTRUCTION MARKET, 2023-2032 (IN $ BILLION)

FIGURE 49: VIETNAM PREFABRICATED CONSTRUCTION MARKET, 2023-2032 (IN $ BILLION)

FIGURE 50: AUSTRALIA & NEW ZEALAND PREFABRICATED CONSTRUCTION MARKET, 2023-2032 (IN $ BILLION)

FIGURE 51: REST OF ASIA-PACIFIC PREFABRICATED CONSTRUCTION MARKET, 2023-2032 (IN $ BILLION)

FIGURE 52: REST OF WORLD PREFABRICATED CONSTRUCTION MARKET, REGIONAL OUTLOOK, 2022 & 2032 (IN %)

FIGURE 53: LATIN AMERICA PREFABRICATED CONSTRUCTION MARKET, 2023-2032 (IN $ BILLION)

FIGURE 54: MIDDLE EAST & AFRICA PREFABRICATED CONSTRUCTION MARKET, 2023-2032 (IN $ BILLION)

FAQ’s

FAQs

The Europe prefabricated construction market was valued at $35.56 billion in 2022, with a market share of around 30%.

Concrete is the fastest-growing material in the global prefabricated construction market.

The key market trends driving the global prefabricated construction market growth are expanding demand for turnkey solutions, growing space constraints in big cities, and companies looking for more sustainable prefabricated materials.