The Prefabricated Building System Market size is estimated at USD 194.90 billion in 2024, and is expected to reach USD 265.90 billion by 2029, growing at a CAGR of 6.41% during the forecast period (2024-2029).
The COVID-19 outbreak negatively impacted the market. Construction work stopped worldwide, especially in significant construction hubs like China and India. However, the market is projected to grow steadily in the forecast period due to global construction sector growth.
The prefabricated building systems market is highly fragmented in nature. The major players in this market (not in any particular order) include Algeco Scotsman, Skyline Champion Corporation, Lindal Cedar Homes, Inc., Kirby Building Systems LLC, and Astron Buildings.
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