Prefabricated Housing Market Size, Share, Demand & Trends Analysis Report by 2026

Prefabricated Housing Market

Prefabricated Housing Market Size - By Home Type (Manufactured, Precut, Panelized, and Modular), By Construction Industry (Single Section Homes and Multi-Section Homes), By End-Use (Residential and Commercial), And By Region- Global Industry Perspective, Comprehensive Analysis, and Forecast, 2020 – 2026

Category: Chemical & Materials Report Format : PDF Pages: 150 Report Code: ZMR-6431 Published Date: Jun-2021 Status : Published
Market Size in 2019 Market Forecast in 2026 CAGR (in %) Base Year
USD 11.2 Billion USD 25.6 Billion 4.5%% 2019

Global Prefabricated Housing Market Size Overview

The Global Prefabricated Housing Market Size accrued earnings worth approximately 11.2 USD Billion in 2019 and is predicted to gain revenue of about 25.6 USD Billion by 2026, is set to record a CAGR of nearly 4.5% over the period from 2020 to 2026. The report offers an assessment and analysis of the Prefabricated Housing market on a global and regional level. The study offers a comprehensive assessment of the market competition, constraints, revenue estimates, opportunities, evolving trends, and industry-validated data. The report provides historical data from 2017 to 2019 along with a forecast from 2020 to 2026 based on revenue USD Billion.

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Prefabricated Housing Industry: Synopsis

Prefabricated houses is referred as prefab houses produced off-site generally in standard segments which can be easily shipped as well as assembled. Apparently, prefabricated housing encompasses the construction of buildings as well as private homes. Additionally, the prefabricated housing industry receives in-depth info on the kinds of homes and methods of construction including wooden beams, price segments, and phases of construction from various studies in the form of interviews, questionnaires, and secondary data.   

Prefabricated Housing Industry: Growth Drivers

The surging population and rapidly surge in residential & commercial constructions will unlock new growth avenues for the prefabricated housing industry over the upcoming years. Apart from this, rise in the construction activities along with concerns over constructing green buildings will embellish business trends over the years to come. In addition to this, demand for prefabricated houses with myriad finishing & materials is on rise and this will pave a way for huge market growth in the foreseeable future. With one and two family housing in high demand across European countries, the prefabricated housing market is anticipated to expand by leaps & bounds over the upcoming years.

Furthermore, an increase in the use of cigarette butt bricks in prefabricated house constructions along with a prominent bulge in the use of fly ash in the concrete of prefabricated houses will catalyze market trends. As prefabrication of buildings improves the durability & longevity of constructions along with reducing waste, the prefabricated housing industry is projected to witness accelerated growth over the assessment period.

Prefabricated Housing Market: Report Scope

Report Attributes Report Details
Report Name Prefabricated Housing Market Research Report
Market Size in 2019 USD 11.2 Billion
Market Forecast in 2026 USD 25.6 Billion
Growth Rate CAGR of 4.5%
Number of Pages 150
Key Companies Covered Skyline Corporation, Algeco Scotsman, Lindal Cedar Homes, Kirby Building Systems LLC, and Butler Manufacturing Company.
Segments Covered By Home Type, By Construction Industry, By End-Use, And By Region
Regions Covered North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA)
Base Year 2019
Historical Year 2017 to 2019
Forecast Year 2020 - 2026
Customization Scope Avail customized purchase options to meet your exact research needs. Request For Customization

Regional Landscape

North American Market To Witness Sumptuous Growth Over 2020-2026

The growth of the prefabricated housing industry in North America during the assessment period is owing to its strict green building protocols & certification tools in countries such as Canada and the U.S. In addition to this, thriving residential, as well as commercial sectors in the sub-continent, will prompt the regional industry growth over the predicted timespan. Presence of major participants in the region will further enlarge business scope in the region over the forecast period.

Competitive Landscape

Some of the leading players in the global market include

  • Skyline Corporation
  • Algeco Scotsman
  • Lindal Cedar Homes
  • Kirby Building Systems LLC
  • Butler Manufacturing Company.

The global Prefabricated Housing Market is segmented as follows:

 By Home Type   

  • Manufactured
  • Precut
  • Panelized
  • Modular

By Construction Industry

  • Single Section Homes
  • Multi-Section Homes

By End-Use

  • Residential
  • Commercial

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

Methodology

FrequentlyAsked Questions

Surging population and rapidly surge in residential & commercial constructions will unlock new growth avenues for prefabricated housing industry over the upcoming years. Apart from this, rise in the construction activities along with concerns over constructing green buildings will embellish business trends over the years to come. In addition to this, demand for prefabricated houses with myriad finishing & materials is on rise and this will pave a way for huge market growth in the foreseeable future. With one and two family housing in high demand across European countries, prefabricated housing market is anticipated to expand by leaps & bounds over the upcoming years.

Furthermore, increase in use of cigarette butt bricks in prefabricated house constructions along with a prominent bulge in use of fly-ash in concrete of prefabricated houses will catalyze market trends.

According to Zion market research report, the global Prefabricated Housing market accrued earnings worth approximately 11.2 (USD Billion) in 2019 and is predicted to gain revenue of about 25.6 (USD Billion) by 2026, is set to record a CAGR of nearly 4.5% over the period from 2020 to 2026.

North American sub-continent will contribute lucratively towards the global market revenue over the estimated timeline. The regional market surge can be ascribed to its strict green building protocols & certification tools in countries such as Canada and the U.S. In addition to this, thriving residential as well as commercial sectors in the sub-continent will prompt the regional industry growth over the predicted timespan. Presence of major participants in the region will further enlarge business scope in the region over the forecast period.

The key market participants include Skyline Corporation, Algeco Scotsman, Lindal Cedar Homes, Kirby Building Systems LLC, and Butler Manufacturing Company.

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