Global Prefabricated Construction Market 2018-2022

The global prefabricated construction market research report provides a detailed analysis of the market by type of construction (panelized construction and modular construction) and geography (the Americas, APAC, and EMEA). The report also provides an analysis of the market’s competitive landscape and offers information on several prefabricated construction companies including ACS Group, Balfour Beatty, Bouygues Construction, Julius Berger Nigeria, and Skanska.

The key findings from our prefabricated construction market forecast report are summarized below 

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Global Prefabricated Construction Industry Outlook

The increasing global construction and infrastructure development activities will be one of the primary prefabricated construction market drivers in the coming years. With rapid urbanization worldwide, the building construction and infrastructure activities are also increasing significantly which is driving the demand for prefabricated constructions. There is a huge increase in the number of new constructions after a prolonged depression in the global construction market in several developed and developing countries. In the US, the recovery of the economy has motivated the home buyers contributing to the increase in demand for new single and multi-family homes. The prefabricated construction market research report estimates this market to grow steadily at a CAGR close to 6% by 2022.

The growing adoption of dry construction techniques as one of the key prefabricated construction market trends. The dry prefabricated construction technique is gaining traction in the market as it aids in the construction of building and houses in a short time period as compared with brick and mortar houses. The components utilized in dry construction are prefabricated in factories where they only need to be assembled at the site of construction.

Companies covered

The prefabricated construction market appears to be moderately fragmented due to the presence of several vendors. This industry research report offers an in-depth analysis of the competitive strategies adopted by the vendors to sustain among the competitors in the prefab homes market. The prefabricated construction market analysis also identifies the key market areas along with the product offerings of the vendors in the market.

The prefabricated construction market forecast report includes an analysis of a number of companies in this market space including –

• ACS Group
• Balfour Beatty
• Bouygues Construction
• Julius Berger Nigeria
• Skanska

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Prefabricated construction market segmentation by geography

• Americas
• APAC
• EMEA

In terms of geography, the Americas accounted for the majority prefabricated construction market share during 2017. The growing demand for single and multi-family homes, led by low mortgage rates is the major factor influencing the demand for prefabricated construction in the region.

Key highlights of the global prefabricated construction market for the forecast years 2018-2022:

• CAGR of the market during the forecast period 2018-2022
• Detailed information on factors that will accelerate the growth of the prefabricated construction market during the next five years
• Precise estimation of the global prefabricated construction market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behaviour
• Growth of the prefabricated construction industry across various geographies such as the Americas, APAC, and EMEA
• A thorough analysis of the market’s competitive landscape and detailed information on several vendors
• Comprehensive information about factors that will challenge the growth of prefabricated construction companies

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