Off-Site Construction Market Poised to Reach $369.72 Billion by 2029

23-10-2023 Off-site Construction Market Report Scope and Research Methodology

The Off-Site Construction Market Report provides a comprehensive analysis of the industry, offering valuable insights, trends, and projections. It covers various aspects including material segments, construction types, and regional dynamics, providing a reliable guide for stakeholders.

The report utilizes a robust research methodology, incorporating data from 2018 to 2022 and forecasting until 2029. Real numbers and market trends are meticulously analyzed, offering clients a reliable understanding of the market dynamics.

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What are Off-site Construction Market Dynamics?

Drivers and Opportunities:

The adoption of off-site construction technologies is driven by customer preferences for new homes and government support for efficient construction methods. This approach enhances efficiency, quality, and environmental performance. Studies have shown significant reductions in waste output and embodied carbon, making off-site construction an environmentally sustainable choice. Additionally, advances in technologies such as Building Information Modeling (BIM) and construction robotics are reshaping the industry.

Restraints and Challenges:

While the market is poised for growth, challenges include the need for investment in automation and overcoming resistance to change in construction practices. Increasing market share in regions with low adoption rates, such as the United States, presents a hurdle.

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What is Off-site Construction Market Segmentation?

by Product

1. Steel
2. Wood
3. Concrete
4. Other

by Type

1. Fixed
2. Movable

by Methods Outlook

1. Volumetric Construction
2. Hybrid Construction
3. Panelized Construction
4. Sub-Assemblies and Accessories Systems

by Application

1. Residential
2. Commercial
3. Industrial

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Who are Off-site Construction Market Key Players?

1. ATCO ( Canadian Utilities,)
2. Anderco Pte. Ltd (Singapore )
3. Giant Containers Inc (Canada)
4. Honomobo Corporation (Alberta, Canada.)
5. Lendlease Corporation (Sydney, Australia)
6. SG Blocks Inc (United States)
7. Skanska AB (Stockholm, Sweden)
8. Blokable Inc.( United States)
9. Blu Homes (Vallejo, California, United States .)
10. Emagispace (United States)
11. Falcon Structures (United States)
12. FullStack Modular (United States)
13. Modus Structures Inc (Canada)
14. Nomodic(India)
15. Plant Prefab, Inc.( United States .)

Table of content for the Off-site Construction Market includes:

Part 01: Executive Summary

Part 02: Scope of the Off-site Construction Market Report

Part 03: Global Off-site Construction Market Landscape

Part 04: Global Off-site Construction Market Sizing

Part 05: Global Off-site Construction Market Segmentation by Type

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

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Regional Insights:

Geographically, the Off-site Construction Market is divided into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. North America is expected to emerge as one of the largest markets for Photonic Integrated Circuits (PIC) during the forecast period. The presence of major aircraft manufacturers such as Lockheed Martin and Boeing, along with the United States being a significant consumer of Photonic Integrated Circuits (PIC), is driving the market growth in the region.

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