The global prefabricated buildings market is anticipated to grow at a CAGR of 7.5% during the forecast period (2024-2031). The growing demand for prefabricated buildings to deal with adverse circumstances is propelling the growth of the prefabricated buildings market. For instance, in August 2023, Emirates Red Crescent inaugurates housing project in Syria for earthquake relief. The project was announced in April as part of a Dh65 million project to help Syrian families affected by the earthquake that hit the country. The high-quality and fully serviced Al Naqa’a housing project will contribute to bringing about stability for a number of families who lost their homes as a result of the earthquake.
Further, in April 2023, the Ukrainian Red Cross has installed 10 new “foldable” modular home designs from Hapi Homes, LLC. to the beleaguered historic port city of Odesa. The houses are made for the local families that have been displaced as a result of the ongoing conflict. The two-bedroom units come fully furnished and are set to be delivered later in the month in an effort to alleviate the burden on local workers – all doctors, nurses, teachers, and engineers, respectively. Furthermore, in June 2023, TopHat, the UK-based manufacturer of prefabricated houses, has formed a partnership with French house-builder Nexity to accelerate the development of off-site construction in France. Such developments are driving the growth of the global prefabricated buildings market.
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Market Coverage
- The market number available for – 2023-2031
- Base year- 2023
- Forecast period- 2024-2031
Segment Covered-
- By Material Type
- By End-User
Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
Competitive Landscape- includes Clayton Homes, Sekisui Homes, China Saite Group Company Ltd., PEAB, and Barratt Developments PLC, among others.
Prefabricated Buildings Market Report Segment
By Material type
- Concrete
- Glass
- Metal
- Timber
- Other
By End-User
- Residential
- Commercial
- Industrial
A full Report of Prefabricated Buildings Market is Available @ https://www.omrglobal.com/industry-reports/prefabricated-buildings-market
Prefabricated Buildings Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
- Latin America
- Middle East and Africa
Company Profiles
- Algeco Group
- Alta-Fab Structures Ltd.
- Amana Group Ltd. (Dubox)
- ATCO Ltd.
- Balfour Beatty PLC
- Bouygues Construction SA
- CIMC Modular Building Systems Holdings Co. Ltd.
- Clayton Homes Inc.
- Fleetwood Corp. Ltd.
- Guerdon Enterprises LLC
- Hickory Group Pty. Ltd.
- KEF Katerra
- KLEUSBERG GmbH & Co. KG
- Koma Modular S.R.O
- Kwikspace Modular Buildings Pty. Ltd.
- Laing O’Rourke
- Larsen & Toubro Ltd.
- NRB Inc.
- Red Sea International Co.
- Wernick Group Ltd.
- Westchester Modular Homes, Inc.
- WillScot Corp.
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