Global Prefabricated Housing Market is valued at approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2028. Prefabricated Housing is primarily manufactured in advance off-site and then transported and assembled on site. Sustainability, lower cost as compared to prices of residential construction in cities and less waste are the major factors contributing to the growth of Prefabricated Housing. According to RICS.org report of September 2018, prefabricated construction method requires 80% fewer vehicles to site and cuts overall waste by 80%, which minimizes disruption in the local area. Additionally, growing awareness regarding modular homes and strategic initiatives by market players are propelling demand in the market. Furthermore, rising shortage of labor in the construction sector and technological advancements are expected to fuel growth during the forecast period. As per the February 2021 report of The Construction Association, in 2021, 61% of construction firms were facing project delays due to workforce shortages. However, lack of skilled workforce can restrain growth in the near future.

The geographical regions considered for the Global Prefabricated Housing Market analysis include Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is deemed as a significant region in terms of revenue owing to growing awareness regarding environment protection and presence of prominent players. Whereas, Asia Pacific is expected to witness the highest growth rate during the forecast period due to growing construction sector in the region, coupled with less cost of Prefabricated Housing.

Major market players included in this report are:

Daiwa House Industry

Sekisui House

Asahi Kasei Corporation

Skanska AB

Peab AB

Panasonic Homes

Laing O'Rourke

Champion Home Builders Inc.

Bouygues Batiment International

Derome AB*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:

Single Family

Multi Family

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019, 2020

Base year - 2021

Forecast period - 2022 to 2028

Target Audience of the Global Prefabricated Housing Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors