Press release
Multifamily Modular And Prefabricated Housing Construction Market Growth by Top Companies, Region, Application, Driver, Trends and Forecasts by 2030
The Business Research Company offers “Multifamily Modular And Prefabricated Housing Construction Market Global Report 2020-30: COVID-19 Growth And Change" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trend s and strategies that players in the market can adopt.The global multifamily modular and prefabricated housing construction market is expected to decline from $21.13 billion in 2019 to $18.79 billion in 2020 at a compound annual growth rate (CAGR) of -11.1%. The decline is mainly due to the COVID-19 outbreak that has led to restrictive containment measures involving social distancing, remote working, and the closure of industries and other commercial activities. The entire supply chain has been disrupted, impacting the market negatively. The market is then expected to recover and reach $25.35 billion in 2023 at a CAGR of 10.5%.
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The multifamily modular and prefabricated housing construction market consists of sales revenue earned by companies that are engaged in the construction of multifamily modular and prefabricated homes. Modular construction is a process wherein units are built and inspected offsite in a manufacturing facility while podium, foundation, and infrastructure are built onsite. This method is used to increase housing production by accelerating construction time and reducing construction costs.
The benefits associated with modular construction is projected to contribute to the growth of the multifamily modular and prefabricated housing construction market. There are multiple advantages offered by modular and factory-built housing such as cost and time saving, reducing material wastage, assembly-line quality control, reduced strain on the site neighborhood, and construction safety.
Multifamily Modular And Prefabricated Housing Construction Market Segmentation:
By Type:
1.Permanent
2.Relocatable
By Material
1.Steel
2.Precast Concrete
3.Wood
4.Plastic
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Few Points From Table Of Content
1. Executive Summary
2. Multifamily Modular And Prefabricated Housing Construction Market Characteristics
3. Multifamily Modular And Prefabricated Housing Construction Market Size And Growth
4. Multifamily Modular And Prefabricated Housing Construction Market Segmentation
5. Multifamily Modular And Prefabricated Housing Construction Market Regional And Country Analysis
……
26. Key Mergers And Acquisitions In The Multifamily Modular And Prefabricated Housing Construction Market
27. Multifamily Modular And Prefabricated Housing Construction Market Trends And Strategies
28. Multifamily Modular And Prefabricated Housing Construction Market Future Outlook and Potential Analysis
29. Appendix
The report covers the trends and market dynamics of the Multifamily Modular And Prefabricated Housing Construction Market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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Some of the key players involved in the Multifamily Modular And Prefabricated Housing Construction Market are Guerdon Modular Buildings, ATCO, Laing O`Rourke, Red Sea International Company, VINCI Construction Grands Projets
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The Business Research Company has published over 1000 industry reports, covering over 2500 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 after WHO declared COVID-19 as a pandemic.
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