Learn about the global modular and prefabricated nonresidential building construction market through The Business Research Company, which provides information on modular and prefabricated nonresidential building construction market size, modular and prefabricated nonresidential building construction market drivers and restraints, modular and prefabricated nonresidential building construction market players, the COVID-19 impact on the modular and prefabricated nonresidential building construction market, and more.

The global modular and prefabricated non-residential building construction market size is expected to grow from $62.57 billion in 2021 to $67.04 billion in 2022 at a compound annual growth rate (CAGR) of 7.1%. The growth in the modular and prefabricated non-residential building construction market is mainly due to the companies rearranging their operations and 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 modular and prefabricated non-residential building construction market is expected to reach $88.20 billion in 2026 at a CAGR of 7.1%.

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.

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The modular and prefabricated non-residential building construction market consists of sales of modular and prefabricated buildings and related services for non-residential use.

Global Modular And Prefabricated Nonresidential Building Construction Market Segments Include:

By Type: Standard Metal, Agricultural Metal, Modular Nonmetal, Panelized Precast Nonmetal

By Application: Institutional, Industrial, Commercial, Agricultural

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. Among these regions, Asia Pacific is the largest region in the global modular and prefabricated nonresidential building construction market in 2021.

Cross-laminated timber (CLT) is one of the promising technologies in the timber construction segment of the wood industry. 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 labour costs, faster construction, and higher accuracy.

TBRC’s modular and prefabricated nonresidential building construction market report covers:

Major Market Players: 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.

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 (2016-21) and ten years forecast (2022-2026-2031)

The Modular and Prefabricated Nonresidential Building Construction Global Market Report 2022:  Market Size, Trends, And Global Forecast 2022 – 2026 is one of a series of new reports from The Business Research Company that provides modular and prefabricated nonresidential building construction market overviews, analyses and forecasts market size, share, modular and prefabricated nonresidential building construction market players, modular and prefabricated nonresidential building construction market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s 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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