Global Modular and Prefabricated Nonresidential Building Construction Market Report 2021 – Opportunities And Strategies, Market Forecast And Trends
The Global Modular and Prefabricated Nonresidential Building Construction Market Report by The Business Research Company Covers Modular and Prefabricated Nonresidential Building Construction Market Drivers And Restraints, Modular and Prefabricated Nonresidential Building Construction Market Size, Major Players, And The Impact Of COVID-19 On The Modular and Prefabricated Nonresidential Building Construction Market.
The modular and prefabricated non-residential building construction market consists of sales of modular and prefabricated buildings and related services for non-residential use.
The global modular and prefabricated nonresidential building construction market is expected to grow in the forecast period due to an increase in urbanization and industrialization.
The global modular and prefabricated nonresidential building construction market is expected grow from $43.61 billion in 2020 to $58.19 billion in 2021 at a compound annual growth rate (CAGR) of 33.4%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $85.23 billion in 2025 at a CAGR of 10%.
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Some modular and prefabricated nonresidential building construction market trends include cross-laminated timber (CLT). The demand for CLT is increasing in non-residential building construction such as schools, restaurants, stores, and warehouses which is used as an alternative to steel and concrete because wood is evolving as a low-cost alternative. In the construction industry, 3D printing can be used to create construction components or to print entire buildings. 3D printing construction is majorly used for building complex components for private, commercial and industrial construction. It provides advantages such as low labor costs, faster construction, and higher accuracy.
Global modular and prefabricated nonresidential building construction market segments include:
1) By Type: Standard Metal, Agricultural Metal, Modular Non-Metal, Panelized Precast Non-Metal.
2) By Application: Institutional, Industrial, Commercial, Agricultural.
3) By End User: Private, Public.
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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The Modular and Prefabricated Nonresidential Building Construction Global Market Report 2021: COVID 19 Growth And Change to 2030 is one of a series of new reports from The Business Research Company that provides modular and prefabricated nonresidential building construction market overviews, analyzes and forecasts market size, share, modular and prefabricated nonresidential building construction market players, modular and prefabricated nonresidential building construction market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The modular and prefabricated nonresidential building construction market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Modular and Prefabricated Nonresidential Building Construction Global Market Report 2021: COVID 19 Growth And Change to 2030 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries.
Market Players Covered: Algeco Scotsman, Butler Manufacturing Company, Inc., Champion Home Builders, Inc., Red Sea Housing, Lindal Cedar Homes, Kirby Building Systems, Alan Pre-Fab Building Corp., ALHO Systembau GmbH, Allied Modular Building Systems Inc., American Buildings Company, Brytex Building Systems Inc., Cadolto Fertiggebaude GmbH & Co. KG, Consolis Service Co SA NV, Flexator AB, Lester Building Systems, LLC, Madison Industries Inc., NCI Building Systems, Inc., Normerica Building Systems, Inc., Nucor Building Systems, Rollalong Ltd., United Structures of America Inc., Varco Pruden Buildings, Inc., Whitley Manufacturing Company, Inc., Yves Cougnaud S.A., Katerra.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Modular And Prefabricated Nonresidential Building Construction Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The Modular And Prefabricated Nonresidential Building Construction Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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