Modular And Prefabricated Nonresidential Building Construction Market By Type, Application, End- User And Forecast 2031

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The global modular and prefabricated nonresidential building construction market report by the business research company the global modular and prefabricated nonresidential building construction market is expected to grow in the forecast period due to an increase in urbanisation and industrialization to be a major growth driver for the Modular And Prefabricated Nonresidential Building Construction market. According to the World Economic Forum, in 2020, 56.2 percent of the world's population was urban. In Northern American countries, urban populations accounted for the greatest proportion-83.6 percent of residents lived in cities in 2020. As per World Urbanization Prospects by the United Nations, the largest urban growth will take place in India, China, and Nigeria. The rapid growth and development of urban housing demands more precise planning timelines and reduced prices. Due to this, construction firms are adopting cost-effective, proven technologies like precasting to ensure the highest standards and uniform quality that can be met by prefabricated technology.

The global modular and prefabricated nonresidential building construction market grew from $62.57 billion in 2021 to $67.04 billion in 2022 at a compound annual growth rate (CAGR) of 7.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The modular and prefabricated nonresidential building construction market is expected to grow to $88.2 billion in 2026 at a CAGR of 7.1%.

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Asia Pacific is the largest region in the modular and prefabricated nonresidential building construction market in 2021. Africa is expected to be the fastest-growing region in the forecast period. The regions covered in the modular and prefabricated non-residential building construction market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Major players in the modular and prefabricated non-residential building construction market 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 Buildings Company.

The global modular and prefabricated nonresidential building construction market is segmented -
1) By Type: Standard Metal, Agricultural Metal, Modular Nonmetal, Panelized Precast Nonmetal
2) By Application: Institutional, Industrial, Commercial, Agricultural
3) By End User: Private, Public

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The Modular And Prefabricated Nonresidential Building Construction Market Report Contents Include
1. Executive Summary
2. Modular And Prefabricated Nonresidential Building Construction Market Characteristics
3. Modular And Prefabricated Nonresidential Building Construction Market Trends And Strategies
4. Impact Of COVID-19 On Modular And Prefabricated Nonresidential Building Construction
5. Modular And Prefabricated Nonresidential Building Construction Market Size And Growth
....
26. Africa Modular And Prefabricated Nonresidential Building Construction Market
27. Modular And Prefabricated Nonresidential Building Construction Market Competitive Landscape And Company Profiles
28. Modular And Prefabricated Nonresidential Building Construction Pipeline Analysis
29. Key Mergers And Acquisitions In The Modular And Prefabricated Nonresidential Building Construction Market
30. Modular And Prefabricated Nonresidential Building Construction Market Future Outlook and Potential Analysis
31. Appendix

This report covers the trends and market dynamics of the Modular And Prefabricated Nonresidential Building 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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