Single-family Modular and Prefabricated Housing Construction Market was valued at USD 16 Billion in 2022 and is projected to reach USD 27 Billion by 2030, growing at a CAGR of 7.5% from 2024 to 2030.
The single-family modular and prefabricated housing construction market was valued at approximately USD 27.5 billion in 2022. This market has exhibited robust growth with a Compound Annual Growth Rate (CAGR) of around 8.4% from 2022 to 2027. The rising demand for cost-effective and sustainable housing solutions, combined with advancements in modular technology and materials, is significantly driving this market's expansion. Increasing awareness of environmental impacts and the need for energy-efficient homes are also contributing factors to the market's growth.
Opportunities within this market are notably pronounced in emerging regions, where urbanization and housing shortages are accelerating the adoption of modular and prefabricated construction methods. The growing trend of custom-designed homes, coupled with government incentives for green building practices, presents substantial opportunities for market players. Additionally, advancements in construction technologies, such as 3D printing and improved modular design, are likely to enhance market prospects. The market's expansion in regions with evolving infrastructure and increasing investments in residential construction further underscore the potential for growth and innovation.
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Red Sea Housing Services
Skanska AB
Bouygues Construction
Grupo ACS
Lindal Cedar Homes
Kiewit Corporation
Balfour Beatty
Taisei Corporation
System House R and C
Larsen and Toubro
Algeco Scotsman
Skyline Champion Corporation
Kirby Building Systems
Butler Manufacturing
Astron Buildings
Modular Engineering
Niko Prefab Building Systems
Par-Kut International
Schulte Building Systems
United Partition Systems
Vardhman Pre-Engineered Building Systems
Laing O`Rourke
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Single-family Modular and Prefabricated Housing Construction Market
Residential
Commercial
Industrial
Based on Types the Market is categorized into Below types that held the largest Single-family Modular and Prefabricated Housing Construction market share In 2023.
Permanent Buildings
Re-locatable Buildings
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Single-family Modular and Prefabricated Housing Construction Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Single-family Modular and Prefabricated Housing Construction Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Single-family Modular and Prefabricated Housing Construction Market, By Type
6. Global Single-family Modular and Prefabricated Housing Construction Market, By Application
7. Global Single-family Modular and Prefabricated Housing Construction Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Single-family Modular and Prefabricated Housing Construction Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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