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

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The global multifamily modular and prefabricated housing construction market size is expected to grow from $38.50 billion in 2021 to $41.18 billion in 2022 at a compound annual growth rate (CAGR) of 7.0%. The growth in the multifamily modular and prefabricated housing construction market 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 multifamily modular and prefabricated housing construction market is expected to reach $54.07 billion in 2026 at a CAGR of 7.0%.

The benefits associated with modular construction is expected to drive innovation in multifamily modular and prefabricated housing construction manufacturing, thus driving the market during the forecast period.

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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.

Global Multifamily Modular And Prefabricated Housing Construction Market Segments Include:

By Type: Permanent, Relocatable

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. Among these regions, Asia Pacific is the largest region in the multifamily modular and prefabricated housing construction market in 2021.

Initiatives by governments across countries to promote sustainable buildings and wastage reduction along with mandating the use of modular and prefabricated systems is a major trend shaping the growth of the multifamily modular and prefabricated housing construction market.

TBRC’s multifamily modular and prefabricated housing construction market report covers:

Major Market Players: Guerdon Modular Buildings, ATCO, Laing O’Rourke, Red Sea International Company, Vinci Construction Grands Projects, Bouygues Construction, Skanska AB, Kleusberg GmbH & Co. KG, Algeco, 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)

The Multifamily Modular and Prefabricated Housing Construction Global Market Report 2021: Market Size, Trends, And Global Forecast 2022 – 2026 is one of a series of new reports from The Business Research Company that provides multifamily modular and prefabricated housing construction market overviews, analyses and forecasts market size, share, multifamily modular and prefabricated housing construction market players, multifamily modular and prefabricated housing construction market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s 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.

Here Is A List Of Similar Reports From The Business Research Company:

Single-Family Modular And Prefabricated Housing Construction Global Market Report 2021 

Modular And Prefabricated Nonresidential Building Construction Global Market Report 2021

Multifamily Housing Green Buildings Global Market Report 2021 

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