Global Panelized Modular Building Systems Market 2024-2028

Global Panelized Modular Building Systems Market 2024-2028

The panelized modular building systems market is forecasted to grow by USD 47.7 bn during 2023-2028, accelerating at a CAGR of 7.08% during the forecast period. The report on the panelized modular building systems market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by cost efficiency associated with panelized modular building systems, increased focus on faster construction, and rising demand for off-site construction.

Technavio's panelized modular building systems market is segmented as below:

• By End-user
• Residential
• Commercial
• Industrial
• By Material
• Wood
• Metal
• Concrete
• Composite
• By Geographical Landscape
• APAC
• North America
• Europe
• South America
• Middle East and Africa

This study identifies the increase in number of merger and acquisition among vendors as one of the prime reasons driving the panelized modular building systems market growth during the next few years. Also, sustainability gaining traction in construction industry and high demand for prefab construction in healthcare will lead to sizable demand in the market.

The report on the panelized modular building systems market covers the following areas:

• Panelized modular building systems market sizing
• Panelized modular building systems market forecast
• Panelized modular building systems market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading panelized modular building systems market vendors that include Al Dabbagh Group, ATCO Ltd, Bechtel Corp., Berkshire Hathaway Inc., BOUYGUES, ClarkWestern Dietrich Building Systems LLC, Dexterra Group, EPACK Polymers Pvt Ltd., Fleetwood Australia, GUERDON LLC, Hickory, HONOMOBO, Kwikspace Pty Ltd., Laing O Rourke, Lendlease Corp. Ltd., Method Homes, Modulaire Group, Palomar Modular Buildings., Portakabin Ltd., Pujol Group, Skanska AB, The Wells Companies, Vantem, Volumetric Building Companies, and Wernick Group. Also, the panelized modular building systems market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.