Press release
Modular and Prefabricated Nonresidential Building Construction Market: Transforming Construction Industry with Innovative Trends and Growth Outlook
Modular and Prefabricated Nonresidential Building Construction Market
As per the report, the modular and prefabricated nonresidential building construction market size has grown strongly in recent years. It will grow from $72.56 billion in 2023 to $76.54 billion in 2024 at a compound annual growth rate (CAGR) of 5.5%. The modular and prefabricated nonresidential building construction market size is expected to see strong growth in the next few years. It will grow to $94.96 billion in 2028 at a compound annual growth rate (CAGR) of 5.5%.
Download Free Sample Report @ https://www.thebusinessresearchcompany.com/sample.aspx?id=5472&type=smp
Urbanization And Industrialization Drive Growth In The Global Modular And Prefabricated Nonresidential Building Construction Market
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. According to the World Economic Forum, in 2021, 56.5 percent of the world's population was urban. In Northern American countries, urban populations accounted for the greatest proportion-82.75 percent of residents lived in cities in 2021. 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.
Emerging Technologies Reshaping Timber And Construction Industry
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 labour costs, faster construction, and higher accuracy. The DFAB House is the world's first inhabited house that was both digitally planned and built. For instance, in October 2022, Luyten 3D, an Australia-based building and construction company providing 3D printing technology, launched Platypus X12 concrete printer, an AI-powered mobile concrete 3D printer for application in the building and construction industry. It is one of the world's largest printers and flexible to transform in size of 12 x 6 mobile crane in 20 minutes, which helps in expanding its capability to print large-scale structures. It has the capabilities of integrating acoustic and optical-based artificial intelligence for data-driven concrete printing. Moreover, the printer has an anti-clogging head that is patented.
The modular and prefabricated nonresidential building construction market covered in this report 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
Buy Now & Get Exclusive Discount on this Report, Checkout link @
https://www.thebusinessresearchcompany.com/Discount?id=5472&type=discount
Major companies operating in the modular and prefabricated nonresidential building construction market report are WillScot Mobile Mini Holdings Corp, ATCO Ltd, Algeco, Fleetwood Limited, Red Sea International Company, KLEUSBERG GmbH & Co. KG, Kirby Building Systems, Champion Home Builders, Inc, Guerdon, LLC, ALHO Systembau GmbH, Jeshy Building Concepts Pty Ltd, F J Ventures Limited, R.R.Enterprises, Ramky Infrastructure Limited, Katerra India Private Limited, Rain City Industries Pty Ltd, JM Industries Pty Ltd, Buildcep Construction Pty Ltd, Az Building For Future Pty Ltd, Fitzgerald Building Services Pty Ltd, Gjl Building Limited, Goodwill Construction Limited, CIMC Modular Building Systems, Hangxiao Steel Structure , Jac Built Construction Limited, Jinchen Group Co., Ltd, China Jingye Engineering Co., Ltd, Sichuan Sanhe Hengsheng Construction Engineering Co., Ltd, Beijing Zhuzong No.6 Development Construction Co., Ltd, Jiangsu Jinfanshui Construction Co., Ltd, Jiangsu Yangjian Group Co., Ltd, Guangdong Coal Base Construction Company, Wuhan Municipal Engineering General Company, Rollalong Ltd, BuildUp, Cadolto Fertiggebaude GmbH & Co. KG, Peab, Dana Holdings, Swietelsky, Habau, Castagner Immobiliare SRL, V & R Edilcons Srl, Blueair Instal Srl, Dalmata Business Srl, Quanta Ten Estate Developments Srl, Zentec Construct Srl, Skanska, Turner Corp, Aecom, Clark Group, Swinerton, Hensel Phelps, Lendlease, Gilbane Building Co, Battle Lake Design Group, Eco Caminhos, Construcciones Planificadas, WTorre Empreendimentos, Grandio, AF construction, La' Ala Al-Kuwait Real Estate Co, Gav Yam Land Corporation Ltd, Nakheel, Line Investments & Property LLC (LIP), Emaar, Al Sraiya Holding Group, Al Futtaim Colas, Kharafi National, Baran Group, Redcon Construction Company, Estim Construction Co. Ltd, Eco-Beam, Ecomo, TSAI
Contents of the report:
1. Executive Summary
2. Modular and Prefabricated Nonresidential Building Construction Market Report Structure
3. Modular and Prefabricated Nonresidential Building Construction Market Trends And Strategies
4. Modular and Prefabricated Nonresidential Building Construction Market - Macro Economic Scenario
5. Modular and Prefabricated Nonresidential Building Construction Market Size And Growth
…..
27. Modular and Prefabricated Nonresidential Building Construction Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Explore the report store to make a direct purchase of the report @ https://www.thebusinessresearchcompany.com/report/modular-and-prefabricated-nonresidential-building-construction-global-market-report
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Modular and Prefabricated Nonresidential Building Construction Market: Transforming Construction Industry with Innovative Trends and Growth Outlook here
News-ID: 3587253 • Views: …
More Releases from The Business research company
Evolving Market Trends In The Integrated Geophysical Services Industry: Enhancin …
The Integrated Geophysical Services Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Expected Integrated Geophysical Services Market Size During the Forecast Period?
The integrated geophysical services market has experienced consistent growth in recent years, expected to rise from $2.35 billion in 2024 to…
Global HR Advisory Services Market: Key Trends, Market Share, Growth Drivers, An …
The HR advisory services market report describes and explains the HR advisory services market and covers 2019-2024, termed the historic period, and 2024-2029, 2034F termed the forecast period. The report evaluates the market across each region and for the major economies within each region.
The global HR advisory services market reached a value of nearly $155.74 billion in 2024, having grown at a compound annual growth rate (CAGR) of 4.22% since…
High Voltage Aluminium Electrolytic Capacitors Global Market Report 2025: Size, …
The high voltage aluminum electrolytic capacitors report describes and explains the high voltage aluminum electrolytic capacitors market and covers 2019-2024, termed the historic period, and 2024-2029, 2034F termed the forecast period. The report evaluates the market across each region and for the major economies within each region.
The global high voltage aluminum electrolytic capacitors market reached a value of nearly $4.10301 billion in 2024, having grown at a compound annual growth…
Global Vertical Market Software Market: Key Trends, Market Share, Growth Drivers …
The vertical market software report describes and explains the vertical market software market and covers 2019-2024, termed the historic period, and 2024-2029, 2034F termed the forecast period. The report evaluates the market across each region and for the major economies within each region.
The global vertical market software market reached a value of nearly $152.61027 billion in 2024, having grown at a compound annual growth rate (CAGR) of 12.11% since 2019.…
More Releases for Construct
Lightspeed Electrical Completes Design & Construct Electrical Fitout for Blackto …
The company celebrates a significant achievement, marking its continued growth and success in the Electrical Fitout sector with the completion of Little Zak's Childcare Centre in Blacktown-a project showcasing innovation, safety, and excellence in modern educational facility infrastructure.
Image: https://www.globalnewslines.com/uploads/2025/05/cc1000bedf31190dfff8513e8412f581.jpg
Lightspeed Electrical Pty. Ltd. is proud to announce the successful completion of the electrical scope for the newly constructed Little Zak's Childcare Centre in Blacktown. Delivered in collaboration with Insight Building Services,…
LEAWOD to Participate in Big 5 Construct Saudi 2025 l Second week
LEAWOD, a leading manufacturer of high-quality doors and windows, is excited to announce its participation in the Big 5 Construct Saudi 2025 l Second week. The exhibition will take place from February 24th to 27th, 2025, at the Riyadh Front Exhibition & Convention center.
The Big 5 Construct Saudi is one of the most significant events in the construction industry in Saudi Arabia, providing a platform for companies to showcase their…
Construction Software Market Growth Potential for 2025: Co-construct, Aconex Ltd …
The Construction software market is undergoing a transformative phase, playing an increasingly crucial role in the efficiency and effectiveness of construction projects globally. With a scope that encompasses various applications-from project management and cost estimation to scheduling and compliance-this market is pivotal to enhancing productivity and reducing operational risks in the construction industry.
Recent developments have been marked by a surge in technological advancements, notably the integration of artificial intelligence…
CD Bioparticles Launches Innovative Organoid Construct Kit to Advance Drug Disco …
CD Bioparticles launches Organoid Construct Kits to the scientific community to facilitate the construction of complex organoid models.
CD Bioparticles, a leading manufacturer and supplier of numerous drug delivery products and services, has announced the launch of its Organoid Construct Kits [https://www.cd-bioparticles.net/medical-device] to the scientific community to facilitate the construction of complex organoid models, enabling researchers to advance drug discovery and development, disease modeling, and personalized medicine.
Organoids are microscopic organ-like structures…
Grasim Collaborates With the Specialty Chemicals Giant Lubrizol to Construct Ind …
Grasim Industries Ltd., Aditya Birla’s flagship company has inked pact with Ohio-based Lubrizol Advanced Materials, a subsidiary of Warren Buffett’s Berkshire Hathway, to manufacture and supply chlorinated polyvinyl chloride (CPVC) resin that is widely used in hot and cold water delivery pipes in India. This polymer will be manufactured at Grasim’s Chlor-alkali unit located at Vilayat, Gujarat.
Get more info : https://www.chemanalyst.com/NewsAndDeals/DealsDetails/grasim-collaborates-with-the-specialty-chemicals-giant-lubrizol-to-construct-75
As per the company officials, the construction of the…
Anti-icing Coatings Market: Manufacturers Vie to Construct a Self-Sustainable Lu …
The icing of surfaces is an underlying issue which incurs high cost and handicaps safety and functionality. There has been several instances of icing having the toll on ships, aircraft, cars, railways, cooling systems, roller shutters and wind turbines. Nevertheless, the deposition of ice on surface leads to lower energy output, higher energy consumption and an increased risk of accidents. Besides, icing is known to cause increased maintenance and downtimes,…
