Panelized Modular Building Systems Market

SKU: DMCH674 | Last Updated On: Sep 23 2022 | Available Formats

> Global Panelized Modular Building Systems Market Expected to reach a high CAGR By 2029: DataM Intelligence

Global Panelized Modular Building Systems Market is segmented by technology type (Panelized Building Systems, Modular Building Systems), by Material Type (Wood-based, Concrete based, Metal-based, and Others), by Application type (Residential, Commercial), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2022-2029

 

Market Overview

[195 Pages Report] The Global "Panelized Modular Building Systems Market" is expected to grow at a high CAGR during the forecasting period (2022-2029).

  • Panelized Modular Building Systems is a technology that pre-manufactures wall, floor, and roof panels or completes 3-dimensional parts of a building as a panel/piece at a factory and assembled at the site. Panelized modular building systems are an affordable method that enhances construction speed and output.

  • The Global Panelized Modular Building Systems market accounted for a market value of USD xx billion in 2021 and is expected to grow at a CAGR of Y% to reach USD xx billion by 2029.

Metrics

Details

Market CAGR

High

Segments Covered

 By Technology Type, By Material Type, By Application Type, And By Region

Report Insights Covered

Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, and Other vital insights.

Fastest Growing Region

Asia Pacific

Largest Market Share 

North America

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Market Dynamics

  • The benefits associated with panelized modular buildings such as low labor requirement, time, and cost-saving advantage are driving the growth of the global panelized modular building systems market.

  • The increasing adoption of prefabricated construction systems globally is further driving market growth in recent years.

  • Panelized building systems take a long time in manufacturing and transport and need greater handling capabilities for larger structures; these are the vital restraining factors that are hampering the market growth in recent years.

Industry

  • The Global Panelized Modular Building Systems market is segmented by technology type, material type, and application.

  • By Material type, the market is segmented as wood, concrete, and metal. Wood or stick build accounted for a significant share due to its traditional presence and offers a high level of design freedom for builders. Other material types such as concrete and metal-framed will gain more traction in the coming years, due to their high quality, strength, and less time to construct.

  • By application type market is segmented as residential, and commercial. The residential segment accounted for a significant market share in 2017. The growth is mainly due to the high quality of the building and less energy usage compared to traditional building technologies.

Regional Shares

  • By Geography the market is segmented into the Americas, Europe, Asia Pacific, and the Rest of the World. North America is the leading region in the panelized building systems market in 2017 due to the increased adoption of this technology in recent years.

  • Asia Pacific region is expected to post strong growth in the forecast period, due to increasing population, rising consumer spending, and rapid urbanization trends.

Companies

  • The key players in the Panelized Modular Building Systems market are Robertson Timber Engineering, Modern Prefab Systems Pvt. Ltd., Inc., SIPS Eco-Panels, Oregon Timber Frame, Metek Building Systems, and others. Companies are undergoing acquisitions to be competitive in the market. For instance, in August 2017, Double Eagle Acquisition Corp. acquired Williams Scotsman from Algeco Scotsman.

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FAQ

What is the Growth Rate of the Panelized Modular Building Systems Market?

Expected to grow at a high CAGR during the forecasting period (2022-2029).

Which Companies Are Included in the Panelized Modular Building Systems Market?

Robertson Timber Engineering, Modern Prefab Systems Pvt. Ltd., Inc., SIPS Eco-Panels, Oregon Timber Frame, Metek Building Systems, and others.

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