According to the recent study the prefabricated housing market is projected to reach an estimated $41 billion by 2030 at a CAGR of 5% from 2023 to 2030. Growth in this market is primarily driven by construction activities and increasing awareness of eco-friendly, time saving, and cost-effective construction practices.
A more than 150-page report
to understand trends, opportunities and forecast in prefabricated housing
market by home type (manufactured, modular, panelized, and precut homes),
construction type (single section and multi-sections), end use (residential and
commercial), and region (North America, Europe, Asia Pacific, and the Rest of
the World).
Lucintel forecasts that
manufactured homes will remain the largest segment and it is also expected to
witness the highest growth over the forecast period due to increase in demand
of easily relocatable houses without dismantling it.
Within the global
prefabricated housing market, residential housing will remain the largest end
use market and it is also expected to witness the highest growth during the
forecast period due to increasing demand for less time consuming housing
construction and increased awareness of people towards reduction of wastage.
Download sample by clicking on prefabricated
housing market.
North America will
remain the largest region and it is also expected to witness the highest growth
over the forecast as prefabrication promotes sustainability and reduces waste
and thus meeting the green building standards.
Modulaire Group, Butler
Manufacturing Company, Skyline Corporation, Astron Buildings, Kirby Building
Systems LLC, Lindal Cedar Homes, Red Sea Housing Services are the major suppliers in the prefabricated
housing market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal, ZACKS,
and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1 972.636.5056
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