Global Single-Family Modular and Prefabricated Housing Construction Market Report (2020 to 2030) - COVID-19 Growth and Change - ResearchAndMarkets.com

DUBLIN--()--The "Single-Family Modular and Prefabricated Housing Construction Global Market Report 2020: COVID-19 Growth and Change" report has been added to ResearchAndMarkets.com's offering.

This report provides strategists, marketers and senior management with the critical information they need to assess the global single-family modular and prefabricated housing construction market.

The global single-family modular and prefabricated housing construction market is expected grow from $79.31 billion in 2019 to $91.21 billion in 2020 at a compound annual growth rate (CAGR) of 15%. The growth is mainly due to the design and build more facilities such as hospitals, quarantine centers, testing sites and temporary lodgings in emergency situations due to COVID-19 outbreak. The market is then expected to stabilize and reach $100.07 billion in 2023 at CAGR of 3.14%.

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The single-family modular and prefabricated housing construction market covered in this report is segmented by type into permanent; re-locatable. It is also segmented by material into steel; wood; concrete; others and by application into residential; commercial; industrial.

The risks associated with the transportation is a key factor impacting the growth of the single-family modular and prefabricated housing construction market. As modules are prefabricated in a factory away from the work site, they must either be transported specifically to the construction site or assembled in a surrounding venue and then set up. The transporters and operators must be extremely cautious with each module, if one fails during transportation the entire module may require major repairs or replacements. So, it is necessary for transport and rigging businesses to make a serious effort to trace the routes and plan the mechanics to transfer the modules along their path. For instance, a construction project in Philadelphia had modulars arrived, positioned and set relatively smoothly but interior drywall was cracked due to the raising of the modules.

The significant focus on cost savings is a key factor driving the growth of the single-family modular and prefabricated housing construction market. Modular design can minimize project deadlines by as much as 50% as well as costs by 20%. They lead to increased productivity, lower employment expenses associated with purchasing units along a production line. According to a report on modular construction, in Europe and US, the modular market value in new real-estate construction is expected to reach $130 billion by 2030 delivering the annual cost saving of $20 billion. Therefore, the significant cost saving is expected to drive the growth of the single-family modular and prefabricated housing construction market.

Key Topics Covered:

1. Executive Summary

2. Single-Family Modular and Prefabricated Housing Construction Market Characteristics

3. Single-Family Modular and Prefabricated Housing Construction Market Size And Growth

3.1. Global Single-Family Modular and Prefabricated Housing Construction Historic Market, 2015 - 2019, $ Billion

3.2. Global Single-Family Modular and Prefabricated Housing Construction Forecast Market, 2019 - 2023F, 2025F, 2030F, $ Billion

4. Single-Family Modular and Prefabricated Housing Construction Market Segmentation

4.1. Global Single-Family Modular and Prefabricated Housing Construction Market

4.2. Global Single-Family Modular and Prefabricated Housing Construction Market

5. Single-Family Modular and Prefabricated Housing Construction Market Regional And Country Analysis

5.1. Global Single-Family Modular and Prefabricated Housing Construction Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

5.2. Global Single-Family Modular and Prefabricated Housing Construction Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

Companies Mentioned

  • Red Sea Housing Services
  • Skanska AB
  • Bouygues Construction
  • ACS Actividades de Construccin y Servicios SA
  • Lindal Cedar Homes Inc.
  • Kiewit Corporation
  • Balfour Beatty Plc.
  • Taisei Corporation
  • System House R & C Co. Ltd
  • Larsen & Toubro Limited
  • Algeco Scotsman
  • Skyline Champion Corporation
  • Kirby Building Systems LLC
  • Butler Manufacturing
  • Astron Buildings
  • Modular Engineering
  • Niko Prefab Building Systems Pvt Ltd
  • Par-Kut International
  • Schulte Building Systems Inc.
  • United Partition Systems Inc.
  • Vardhman Pre-Engineered Building Systems
  • Laing O'Rourke
  • Palomar Modular Buildings
  • Guerdon Enterprises LLC
  • JL Modular Inc.
  • Julius Berger Nigeria PLC
  • Katerra
  • Speed House Group of Companies
  • Supertech Industries LLC
  • Tempohousing
  • Cavco Industries Inc

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Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press 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