The Global Multifamily Modular and Prefabricated Housing Construction Market Report by The Business Research Company Covers Multifamily Modular and Prefabricated Housing Construction Market Drivers And Restraints, Multifamily Modular and Prefabricated Housing Construction Market Size, Major Players, And The Impact Of COVID-19 On The Multifamily Modular and Prefabricated Housing Construction Market.

The multifamily modular and prefabricated housing construction market consists of sales revenue earned by companies that are engaged in the construction of multifamily modular and prefabricated homes. Modular construction is a process wherein units are built and inspected offsite in a manufacturing facility while podium, foundation, and infrastructure are built onsite. This method is used to increase housing production by accelerating construction time and reducing construction costs.

The benefits associated with modular construction is projected to contribute to the growth of the multifamily modular and prefabricated housing construction market.

The global multifamily modular and prefabricated housing construction market is expected grow from $17.09 billion in 2020 to $21.34 billion in 2021 at a compound annual growth rate (CAGR) of 24.9%. 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 $27.73 billion in 2025 at a CAGR of 7%.

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Some multifamily modular and prefabricated housing construction market trends include initiatives by governments across countries to promote sustainable buildings and wastage reduction along with mandating the use of modular and prefabricated systems. According to The Building and Construction Authority (BCA), a Singapore government agency website, the Singapore government mandated Prefabricated Prefinished Volumetric Construction (PPVC) acceptance framework to be used at development sites.

Global multifamily modular and prefabricated housing construction market segments include:

1) By Type: Permanent, Relocatable.

2) By Material: Steel, Precast Concrete, Wood, Plastic, Others.

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

Read More On The Multifamily Modular and Prefabricated Housing Construction Global Market Report 2021: COVID 19 Growth And Change to 2030 At:
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The Multifamily Modular and Prefabricated Housing 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 multifamily modular and prefabricated housing construction market overviews, analyzes and forecasts market size, share, multifamily modular and prefabricated housing construction market players, multifamily modular and prefabricated housing construction market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.

The multifamily modular and prefabricated housing 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 Multifamily Modular and Prefabricated Housing 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: Guerdon Modular Buildings, ATCO, Laing O’Rourke, Red Sea International Company, VINCI Construction Grands Projets, Bouygues Construction, Skanska AB, KLEUSBERG GmbH & Co. KG, Algeco, Katerra , Lendlease Corporation, Blokable, Inc., ConXtech, Inc. , Cover Construction (Ross) Ltd., nHouse Ltd., Connect Homes, Blu Homes, Inc., PopUp House, Cube Haus, Kiss House, Plant Prefab,Inc., Blokable, Revolution Precrafted Properties Limited.

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 Multifamily Modular And Prefabricated Housing 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 Multifamily Modular And Prefabricated Housing Construction Sector: The report reveals where the global industry will put on most $ sales up to 2023.

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