Quadintel published a new report on the Prefabricated Housing Market. The research report consists of thorough information about demand, growth, opportunities, challenges, and restraints. In addition, it delivers an in-depth analysis of the structure and possibility of global and regional industries.
Global Prefabricated Housing Market is valued at approximately USD $$ billion in 2021 and is anticipated to grow with a healthy growth rate of more than % over the forecast period 2022-2030.
Prefabricated Housing is primarily manufactured in advance off-site and then transported and assembled on site. Sustainability, lower cost as compared to prices of residential construction in cities and less waste are the major factors contributing to the growth of Prefabricated Housing. According to RICS.org report of September 2018, prefabricated construction method requires 80% fewer vehicles to site and cuts overall waste by 80%, which minimizes disruption in the local area.
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Additionally, growing awareness regarding modular homes and strategic initiatives by market players are propelling demand in the market. Furthermore, rising shortage of labor in the construction sector and technological advancements are expected to fuel growth during the forecast period. As per the February 2021 report of The Construction Association, in 2021, 61% of construction firms were facing project delays due to workforce shortages. However, lack of skilled workforce can restrain growth in the near future.
The geographical regions considered for the Global Prefabricated Housing Market analysis include Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is deemed as a significant region in terms of revenue owing to growing awareness regarding environment protection and presence of prominent players. Whereas, Asia Pacific is expected to witness the highest growth rate during the forecast period due to growing construction sector in the region, coupled with less cost of Prefabricated Housing.
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Major market players included in this report are:
Daiwa House Industry
Asahi Kasei Corporation
Champion Home Builders Inc.
Bouygues Batiment International
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
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Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028
Target Audience of the Global Prefabricated Housing Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers
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Table of Contents:
- Market Overview
- Market Definition and Scope
- Market Dynamics
- Market Industry Analysis
- Market, Regional Analysis
- Analysis of Leading Companies
- Competitive Intelligence
- Research Process
- Market Analysis and Forecast, By Product Types
The global market is forecast to witness a rapid growth, owing to increasing demand for technological advancements from end-users. Moreover, increasing investments in research and development activities, launches, partnerships, and other strategic initiatives will benefit the market. Furthermore, the growing focus of authorities towards increasing urbanization and industrialization is forecast to drive the market growth.
What aspects regarding the regional analysis Market are included in this report?
- Geographical regions covered in the report include North America, Europe, Asia Pacific, Latin America and Middle East and Africa region.
- The report consists of detailed region-wise analysis of current and future market trends, providing information on product usage and consumption.
- The growth rate of the market in every region, including their countries over the forecast period is included in the market report.
- Based on what factors are the key market players assessed in this report?
- The report offers detailed analysis of leading companies in the market across the globe.
- It provides details of the major vendors involved in the Market including Key Players
- A comprehensive overview of each company including the company profile, generated revenue, pricing of goods and
- the manufactured products is incorporated in the report.
- The facts and figures about market competitors along with standpoints of leading market players are presented in the report.
- The recent developments, mergers and acquisitions related to mentioned key players are provided in the market report.
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