Single-Family Modular and Prefabricated Housing Construction Market:
WiseGuyReports.com adds “Global Single-Family Modular and Prefabricated Housing Construction Market Research Report 2020 Analysis and Forecast 2030” reports to its database.
Executive Summary
The global single-family modular and prefabricated housing construction market is expected grow from $79.31 billion in 2019 to $91.21 billion in 2020 at a compound annual growth rate (CAGR) of 15%. The growth is mainly due to the design and build more facilities such as hospitals, quarantine centers, testing sites and temporary lodgings in emergency situations due to COVID-19 outbreak. The market is then expected to stabilize and reach $100.07 billion in 2023 at CAGR of 3.14%.
The single-family modular and prefabricated housing construction market consists of sales of single-family modular and prefabricated houses and related services that are used in residential, commercial and industrial sectors. Modular construction is a method in which, through managed plant circumstances, a building is developed off-site using the same resources and constructing the same codes and specifications as conventionally designed structures but in about half the time. All modular buildings are prefabricated, but all prefabricated buildings might or might not be modular.
Request Free Sample Report @ https://www.wiseguyreports.com/sample-request/5426276-single-family-modular-and-prefabricated-housing-construction-global
In June 2018, KEF Infra, the industry-leading expert in factory made products such as pre-cast concrete, prefabricated bathroom pods, joinery and furniture and aluminium, has announced a strategic merger with Katerra for an undisclosed amount. This merger will jointly expand KEF Infra’s geographic reach, manufacturing capacity and market expertise. Katerra is a US-based construction company that optimizes every aspect of building development, design and construction.
The single-family modular and prefabricated housing construction market covered in this report is segmented by type into permanent; re-locatable. It is also segmented by material into steel; wood; concrete; others and by application into residential; commercial; industrial.
The risks associated with the transportation is a key factor impacting the growth of the single-family modular and prefabricated housing construction market. As modules are prefabricated in a factory away from the work site, they must either be transported specifically to the construction site or assembled in a surrounding venue and then set up. The transporters and operators must be extremely cautious with each module, if one fails during transportation the entire module may require major repairs or replacements. So, it is necessary for transport and rigging businesses to make a serious effort to trace the routes and plan the mechanics to transfer the modules along their path. For instance, a construction project in Philadelphia had modulars arrived, positioned and set relatively smoothly but interior drywall was cracked due to the raising of the modules.
The significant focus on cost savings is a key factor driving the growth of the single-family modular and prefabricated housing construction market. Modular design can minimize project deadlines by as much as 50% as well as costs by 20%. They lead to increased productivity, lower employment expenses associated with purchasing units along a production line. According to a report on modular construction, in Europe and US, the modular market value in new real-estate construction is expected to reach $130 billion by 2030 delivering the annual cost saving of $20 billion. Therefore, the significant cost saving is expected to drive the growth of the single-family modular and prefabricated housing construction market.
Major players in the single-family modular and prefabricated housing construction market are Red Sea Housing Services, Skanska AB, Bouygues Construction, ACS Actividades de Construcción y Servicios SA, Lindal Cedar Homes Inc., Kiewit Corporation, Balfour Beatty Plc., Taisei Corporation, System House R & C Co. Ltd, and Larsen & Toubro Limited.
Continuous…
For further information on this report, visit – https://www.wiseguyreports.com/reports/5426276-single-family-modular-and-prefabricated-housing-construction-global
NOTE : Our team is studying Covid19 and its impact on various industry verticals and wherever required we will be considering covid19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.
CONTACT US:
NORAH TRENT
Partner Relations & Marketing Manager
Ph: +1-646-845-9349 (US)
Ph: +44 208 133 9349 (UK)
We conduct an accurate and reliable COVID Test.
Our qualified phlebotomists trained for safe and hygienic sample collecting during Test for COVID 19.
We are the most trustworthy lab for COVID 19 testing in India.
Get your COVID-19 Test done with Metropolis Healthcare.
The Business Research Company’s latest report Single-Family Housing Green Buildings Global Market Report 2020 covers Single-Family Housing Green Buildings market drivers, Single-Family Housing Green Buildings market trends, Single-Family Housing Green Buildings market segments, Single-Family Housing Green Buildings market growth rate, Single-Family Housing Green Buildings market major players, and Single-Family Housing Green Buildings market size.
The report provides in-depth analysis of the impact of COVID-19 on the Single-Family Housing Green Buildings industry, along with revised market numbers due to the effects of the coronavirus.View Complete Report:https://www.thebusinessresearchcompany.com/report/single-family-housing-green-buildings-market-global-report-2020-30-covid-19-growth-and-change Single-Family Housing Green Buildings Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies.
The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market.
The chapter also covers markets which have been positively affected by the pandemic.Request for the sample now:https://www.thebusinessresearchcompany.com/sample.aspx?id=3263=smpThe global single-family residential green buildings market is expected to decline from $119.63 billion in 2019 and to $116.46 billion in 2020 at a compound annual growth rate (CAGR) of -2.65%.
The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it.
The criteria for green building constructions are expected to change in preparedness to prevent and control such pandemic diseases in the coming years.
Get all the updates about Covid-19 in UAE on Call Doctor UAE.
During the Covid-19 pandemic, we are providing premium home healthcare throughout Dubai & Abu Dhabi.
Bangladesh has Taken the Decision to Postpone the Upcoming Sri Lanka tour to Bangladesh Because of the COVID-19 Pandemic.
For More Details Visit Stumpsandbails.com
