Prefabricated Building and Modular Construction Market

1. Prefabricated Building and Modular Construction Market – Trends and Forecast Till 2030 sales@delvens.comwww.delvens.com

2. Prefabricated Building and Modular Construction Market – Trends and Forecast Till 2030 Prefabricated Building and Modular Construction Market, By Type (Permanent, Relocatable) By Material (Concrete, Steel & wood) By End User (Housing, Commercial, Education, Healthcare, and Industrial) and region (North America, Europe, Asia-Pacific, Middle East and Africa and South America). Request For Free Sample Report:https://www.delvens.com/get-free-sample/prefabricated-building-and-modular-construction-market sales@delvens.com www.delvens.com

3. Market Overview The global Prefabricated Building and Modular Construction Market size was estimated at USD 96.7 billion in 2023 and is projected to reach USD 154.2 billion in 2030 at a CAGR of 6.8% during the forecast period 2024-2030. The global market for prefabricated building and modularconstructionis witnessing significant growth, driven predominantly by rapid urbanization trends in developing nations. Modular building techniques offer distinct advantages over traditional construction methods, including lower costs, reduced construction time, fewer on-site disruptions, and decreased waste production. By conducting a substantial portion of construction within factory settings, modular building minimizes the risk of weather-related delays, with 50 to 80% of building work completed off-site. This approach enhances construction flexibility and reduces energy consumption during building construction, contributing positively to environmental sustainability. Purchase this Report:https://www.delvens.com/checkout/prefabricated-building-and-modular-construction-market sales@delvens.com www.delvens.com

4. Key Findings On the basis of Type, The Type segment includes Relocatable and Permanent categories. With increasing demand for permanent residential, commercial, and industrial structures, the permanent modular category is anticipated to dominate market share in the coming years. This trend is driven by factors such as rising per capita income and improved access to capital, facilitating market growth. On the basis of Material, The Material segment is divided into Concrete, Steel, and Wood. Among these, the steel segment is experiencing the most rapid growth in the modular construction market. This growth is attributed to factors such as structural integrity, design flexibility, strength, durability, fire resistance, and reduced maintenance requirements over the building's lifespan. On the basis of End User, The End User segment is divided into Housing, Commercial, Education, Healthcare, and Industrial categories. Currently holding the largest market share, the housing sector is expected to experience the most rapid growth in the foreseeable future. sales@delvens.com www.delvens.com

5. Key Findings The market is also divided into various regions such as North America, Europe, Asia-Pacific, South America, and Middle East and Africa. North America held the largest Prefabricated Building and Modular Construction Market share propelled by technological advancements and changing consumer perceptions, is gaining traction as a solution to housing challenges. Inquire Before Buying:https://www.delvens.com/Inquire-before-buying/prefabricated-building-and-modular-construction-market sales@delvens.com www.delvens.com

6. Competitive Landscape • ACS Group • Algeco (Modulaire Group) • Berkeley Modular Limited • Bouygues Construction • DUB0X • Guerdon, LLC • Hickory Group • Kiewit Corporation • Kleusberg GmbH • Laing O’Rourke • Larsen & Toubro Limited • Lendlease Corporation • Red Sea International • Riko Group • Satellite Shelters • Sekisui House, Ltd. • Skanska • Taisei Corporation • VINCI Construction sales@delvens.com www.delvens.com

7. Recent Developments In December 2023, Red Sea International has forged a four-year agreement with Baker Hughes Company, a global leader in oilfield services, to design, manufacture, supply, and operate modular accommodation facilities in the Eastern Province. These facilities are intended to support oil exploration operations in the region. In August 2022, Broad Group, a Chinese company, completed the construction of the Living Building, a modular 10-storey apartment block in Changsha, China, in slightly more than a day. The building was erected using cranes and assembled within 28 hours. sales@delvens.com www.delvens.com

8. Contact Information About Us: Delvens is a strategic advisory and consulting company headquartered in New Delhi, India. The company holds expertise in providing syndicated research reports, customized research reports and consulting services. Delvens qualitative and quantitative data is highly utilized by each level from niche to major markets, serving more than 1K prominent companies by assuring to provide the information on country, regional and global business environment. We have a database for more than 45 industries in more than 115+ major countries globally. Contact Us: +44-20-3290-6466 +1 214-377-1144 sales@delvens.com sales@delvens.com www.delvens.com