Global Panellized Modular Building Systems Market Growth, Trends & Forecasts 2018-2023 - ResearchAndMarkets.com

DUBLIN--()--The "Global Panellized Modular Building Systems Market - Segmented by Product Type, Application and Geography - Growth, Trends and Forecasts (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.

The Panelized Modular Building Systems Market is estimated to register a moderately high growth during the forecast period 2018-2023.

Today, general contractors and developers are facing issues in filling their worker pipeline and keeping up with tight schedules and tighter budgets making it highly difficult to uphold the margins. The owners are preferring to contract with one or two modular factories than to go for finding workers in various labor markets. The usage of panelized modular building systems can reduce the requirement of labor between 40-60% along with cost and timesaving benefits.

The main benefit of offsite construction is higher build quality (better air-tightness and better insulation). The energy usage for panelized modular building systems is relatively less compared to traditionally built houses. The advantages of energy savings can be seen in the heating bills by around 25%.

The increased urbanization, government spending, investment, and consumer spending are set to double the ASEAN economies in the next 10-15 years, which is to trigger the growth of infrastructure development in the region. The construction industries of China and India offers the major opportunities for the market owing to the presence of large population. Countries including Thailand, Myanmar, Vietnam, and Malaysia are likely to record rapid growth in the next five years supported by ongoing infrastructure contracts, increased consumer spending and high public and private sector participation making the market for panelized modular building systems to grow at a healthy rate through the forecast period.

Companies Mentioned

  • Algeco Scotsman
  • Modern Prefab Systems Pvt. Ltd. Inc.
  • Ritz-Craft Corporation
  • Lindal Cedar Homes Inc.
  • Champion Home Builders Inc.
  • Oregon Timber Frame
  • Metek Building Systems
  • Taylor Lane Timber Frame
  • Robertson Timber Engineering
  • EOS Facades
  • Kingspan Timber Solutions
  • SIPS Eco Panels
  • Thorp Precast
  • Pinewood Structures S.A.
  • SIP Building Systems
  • Walker Timber Group
  • Hadley Steel Framing
  • Frame Homes
  • Innovare Systems
  • Merronbrook
  • Fusion Building Systems
  • Salvesen Insulated Frames
  • KLH UK

Key Topics Covered:

1. Introduction

2. Executive Summary

3. Market Insights

4. Market Dynamics

5. Market Segmentation and Analysis

6. Regional Market Analysis

7. Future of the Market

8. Competitive Landscape

9. Company Profiles

10. Disclaimer

For more information about this report visit https://www.researchandmarkets.com/research/gjgrvk/global_panellized?w=4

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Related Topics: Construction

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Construction