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Modular And Prefabricated Nonresidential Building Construction Global Market Report 2022 - Market Size, Trends, And Forecast 2022 – 2026
TBRC’s Modular And Prefabricated Nonresidential Building Construction Global Market Report 2022 - Market Size, Trends, And Global Forecast 2022 – 2026
LONDON, GREATER LONDON, UK, August 18, 2022 /EINPresswire.com/ -- As per The Business Research Company's "Modular and Prefabricated Nonresidential Building Construction Global Market Report 2022”, the modular and prefabricated nonresidential 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 prefabricated nonresidential building construction market growth 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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Key Trends In The Modular and Prefabricated Nonresidential Building Construction Market 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 labor costs, faster construction, and higher accuracy. The DFAB House is the world’s first inhabited house which was both digitally planned and built. Launched in February 2019, this project was done by professors at ETH Zurich in cooperation with industrial partners, carried out with the help of robots and 3D printers.
Overview Of The Modular and Prefabricated Nonresidential Building Construction Market The modular and prefabricated nonresidential building construction market segmentation consists of sales of modular and prefabricated buildings and related services for non-residential use.
Learn more on the global modular and prefabricated nonresidential building construction market forecast at: https://www.thebusinessresearchcompany.com/report/modular-and-prefabricated-nonresidential-building-construction-global-market-report
Modular and Prefabricated Nonresidential Building Construction Global Market Report 2022 from TBRC covers the following information: Market Size Data • Forecast period: Historical and Future • By region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa. • By countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. Market Segmentation • 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 global modular and prefabricated nonresidential building construction market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia-Pacific holds the largest share in the market.
Major market players such as 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.
Trends, opportunities, strategies and so much more.
Modular and Prefabricated Nonresidential Building Construction Global Market Report 2022 is one of The Business Research Company’s comprehensive reports that provides an overview of modular and prefabricated nonresidential building construction market. The market report analyzes modular and prefabricated nonresidential building construction global market size, modular and prefabricated nonresidential building construction global market growth drivers, modular and prefabricated nonresidential building construction market segments, modular and prefabricated nonresidential building construction market major players, modular and prefabricated nonresidential building construction market growth across geographies, and modular and prefabricated nonresidential building construction market competitors’ revenues and market positioning. The modular and prefabricated nonresidential building construction industry analysis enables you to gain insights on opportunities and strategies, as well as identify countries and segments with the highest growth potential.
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About The Business Research Company The Business Research Company has published over 3000 industry reports, covering over 3000 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets.
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