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Dublin, April 27, 2022 (GLOBE NEWSWIRE) — The “Global Modular and Prefabricated Non-residential Building Construction Market Report 2022” report has been added to from ResearchAndMarkets.com offer.

The global modular and pre-engineered non-residential building construction market 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 market is expected to reach $88.20 billion in 2026 with a CAGR of 7.1%.

The main market players are 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 Building Company.

The main construction types of modular and pre-engineered non-residential buildings are standard metal, agricultural metal, modular non-metal, and panel pre-engineered non-metal. A standard metal is a solid material that is usually hard, opaque, and shiny, with high electrical and thermal conductivity. Applications of modular and pre-engineered non-residential building construction include the institutional, industrial, commercial and agricultural sectors and the end users are private and public companies.

Asia-Pacific is the largest region in the modular and pre-engineered non-residential building construction market in 2021. Africa is expected to be the fastest growing region during the forecast period.

The global modular and pre-engineered non-residential building construction market is expected to grow over the forecast period owing to an increase in urbanization and industrialization. According to the World Economic Forum, in 2020, 56.2% of the world’s population was urban. Urban populations accounted for the highest share in North American countries – 83.6% of residents lived in cities in 2020.

According to the United Nations World Urbanization Prospects, the greatest urban growth will take place in India, China and Nigeria. The rapid growth and development of urban housing requires more precise planning times and reduced prices. For this reason, construction companies are adopting cost effective and proven precast technologies to ensure the highest standards and uniform quality, which can be met by precast technology.

Cross-laminated timber (CLT) is one of the promising technologies in the timber construction segment of the timber industry. The demand for CLT is increasing in the construction of non-residential buildings such as schools, restaurants, stores and warehouses, which are being used as an alternative to steel and concrete as wood evolves as a low cost alternative.

In the construction industry, 3D printing can be used to create building components or to print entire buildings. 3D printing construction is mainly used for the construction of complex components for private, commercial and industrial construction. It offers advantages such as lower labor costs, faster construction and greater precision.

The DFAB house is the first inhabited house in the world that was both planned and built digitally. Launched in February 2019, this project was carried out by professors from ETH Zurich in cooperation with industrial partners, carried out using robots and 3D printers.

The construction industry is considered slow and conservative in adopting innovative and new technologies. The construction sector has many small suppliers and the R&D budget is also limited compared to other sectors. In developing or underdeveloped countries in the Asia-Pacific region as well as in Africa and South America, people are less aware of this method of construction, the advantages it offers and the recyclability of modular buildings. .

Therefore, it is important to educate consumers about the positive effects of modular construction on the environment and how it can contribute to a healthy lifestyle.

Main topics covered:

1. Summary

2. Features of the modular and pre-engineered non-residential building construction market

3. Modular and Pre-engineered Non-residential Building Construction Market Trends and Strategies

4. Impact of COVID-19 on the construction of modular and pre-engineered non-residential buildings

5. Modular and pre-engineered non-residential building construction market size and growth
5.1. Global historical market for modular and pre-engineered non-residential building construction, 2016-2021, in billions of dollars
5.1.1. Market Drivers
5.1.2. Market Constraints
5.2. Global Modular and Pre-engineered Non-residential Building Construction Forecast Market, 2021-2026F, 2031F, USD Billion
5.2.1. Market Drivers
5.2.2. Market Constraints

6. Modular and pre-engineered non-residential building construction market segmentation
6.1. Global Modular and Pre-engineered Non-residential Building Construction Market, Segmentation by Type, History and Forecast, 2016-2021, 2021-2026F, 2031F, Billion USD

  • standard metal
  • agricultural metal
  • Non-metallic modular
  • Nonmetallic prefabricated in panels

6.2. Global Modular and Pre-engineered Non-residential Building Construction Market, Segmentation by Application, History and Forecast, 2016-2021, 2021-2026F, 2031F, USD Billion

  • Institutional
  • Industrial
  • Commercial
  • Agricultural

6.3. Global Modular and Pre-engineered Non-residential Building Construction Market, Segmentation by End User, History and Forecast, 2016-2021, 2021-2026F, 2031F, Billion USD

7. Regional and Country Analysis of the Modular and Pre-engineered Non-residential Building Construction Market
7.1. Global Modular and Pre-engineered Non-residential Building Construction Market, Split by Region, Historical & Forecast, 2016-2021, 2021-2026F, 2031F, Billion USD
7.2. Global Modular and Prefabricated Non-residential Building Construction Market, Split by Country, Historical & Forecast, 2016-2021, 2021-2026F, 2031F, USD Billion

Companies cited

  • Algeco Scottish
  • Butler Manufacturing Company, Inc.
  • Champion Home Builders, Inc.
  • Accommodation Red Sea
  • Lindal Cedar Homes
  • Kirby Building Systems
  • Alan Pre-Fab Building Corp.
  • ALHO Systembau GmbH
  • Allied Modular Building Systems Inc.
  • American building company
  • Brytex Building Systems Inc.
  • Cadolto Fertiggebaude GmbH & Co. KG
  • Consolis Service Co. SA NV
  • AB flexor
  • Lester Building Systems, LLC
  • Madison Industries Inc.
  • NCI Building Systems, Inc.
  • Normrica Building Systems, Inc.
  • Nucor Building Systems
  • Rollalong Ltd.
  • United Structures of America Inc.
  • Varco Pruden Buildings, Inc.
  • Whitley Manufacturing Company, Inc.
  • Yves Cougnaud SA
  • Katera

For more information on this report, visit https://www.researchandmarkets.com/r/jovp7g

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