Press release
Multifamily Modular and Prefabricated Housing Construction Market: Exploring a Forecast Growth to $73.84 Billion by 2029
Multifamily Modular and Prefabricated Housing Construction Market Size
What Is The Projected Market Size Of The Global Multifamily Modular and Prefabricated Housing Construction Market And Its Growth Rate?
• The market is anticipated to grow from $52.12 billion in 2024 to $55.73 billion in 2025, demonstrating a CAGR of 6.9%.
• This past growth has been driven by factors such as urbanization trends, affordability, cost efficiency, and green building practices.
• The market is projected to reach $73.84 billion in 2029, with a CAGR of 7.3%.
• The future growth is expected to be influenced by increased urbanization and density, affordable housing solutions, environmental regulations, and innovation in design.
What Is Driving The Growth In The Multifamily Modular and Prefabricated Housing Construction Market?
A significant growth driver in the multifamily modular and prefabricated housing construction market is the advantages offered by modular construction. These benefits include cost and time savings, reduced material wastage, assembly-line quality control, and enhanced construction safety. The 2023 data from Modular building institute shows the modular industry accounted for about 6.64% of new construction starts. Therefore, these advantages are expected to enhance the focus of construction companies on modular housing construction, generating higher revenue for the growth of the market during the forecast period.
Get A Free Sample Copy at https://www.thebusinessresearchcompany.com/sample.aspx?id=5474&type=smp
Who Are the Key Players Driving Multifamily Modular and Prefabricated Housing Construction Market Growth?
• Laing O'Rourke
• ATCO Ltd.
• Algeco UK Limited
• Ritz-Craft Corporation
• Red Sea International Company
• Pleasant Valley Homes Inc.
• Connect Homes LLC
• Kiss House
• Marlette Homes Inc.
• Guerdon LLC
• Northstar Systembuilt Inc.
• Cube Haus
• Blu Homes Inc.
• Plant Prefab Inc.
• Simplex Homes Inc.
What Are The Key Trends In The Multifamily Modular and Prefabricated Housing Construction Market?
• Off-site construction and assembly
• Affordable housing solutions
• Innovative materials and construction techniques
• Building Information Modeling (BIM)
• Modular construction for urban development.
What Are The Segments Of The Global Multifamily Modular and Prefabricated Housing Construction Market?
• By Type: Permanent, Relocatable .
• By Material: Steel, Precast Concrete, Wood, Plastic, Other Materials
Which Region Leads The Multifamily Modular and Prefabricated Housing Construction Market?
In 2024, Asia-Pacific was the largest region in the multifamily modular and prefabricated housing construction market. However, Africa is expected to be the fastest-growing region globally during the forecast period.
Pre-book the Report for Swift Delivery at https://www.thebusinessresearchcompany.com/report/multifamily-modular-and-prefabricated-housing-construction-global-market-report
What Is Covered In The Multifamily Modular and Prefabricated Housing Construction Market Global Market Report?
Market Size Analysis: Analyze the Multifamily Modular and Prefabricated Housing Construction Market size by key regions, countries, product types, and applications.
Market Segmentation Analysis: Identify various subsegments within the Multifamily Modular and Prefabricated Housing Construction Market for effective categorization.
Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
Market Contribution: Evaluate contributions of different segments to the overall Multifamily Modular and Prefabricated Housing Construction Market growth.
Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
Industry Challenges: Analyze challenges and risks affecting the Multifamily Modular and Prefabricated Housing Construction Market.
Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
Request Customization for This Report at https://www.thebusinessresearchcompany.com/customise?id=5474&type=smp
Connect with 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.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
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 Multifamily Modular and Prefabricated Housing Construction Market: Exploring a Forecast Growth to $73.84 Billion by 2029 here
News-ID: 3841462 • Views: …
More Releases from The Business Research Company
Comprehensive Insights Into The Global Electric Bikes And Scooters Market: Key G …
The electric bikes and scooters report outlines and analyzes the electric bikes and scooters (excluding e-mopeds or 2-wheelers) market, covering the historic period 2019-2024 and the forecast period 2024-2029 and 2034F. The study examines the market across all regions and major regional economies.
The global electric bikes and scooters (excluding e-mopeds or 2 wheelers) market was valued at approximately $43.09310 billion in 2024, reflecting a CAGR of 12.12% since 2019. The…
Geothermal Heat Pump Market Report 2025: Size, Trends, and Key Growth Insights f …
The geothermal heat pump report outlines and analyzes the geothermal heat pump market, covering 2019-2024 as the historic period and 2024-2029, 2034F as the forecast period. The report examines the market across every region and assesses major economies within each region.
The global geothermal heat pump market reached $4.40620 billion in 2024, increasing at a CAGR of 5.70% since 2019. The market is projected to grow from $4.40620 billion in 2024…
Major Growth Driver Identified in 2025 VFX In Advertising Market: The Rise Of So …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
VFX In Advertising Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
Over the past several years, the market size of vfx in advertising has seen robust growth. It is expected to expand from $2.8 billion in 2024 to a staggering $3.03 billion in 2025, exhibiting…
Driving Web Content, Search Portals And Social Media Market Growth in 2025: The …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Web Content, Search Portals And Social Media Market Size Growth Forecast: What to Expect by 2025?
The market size for web content, search portals, and social media has seen quick expansion in the past few years. It's projected to expand from $682.14 billion in 2024 to $768.29 billion in…
More Releases for Modular
Prominent Modular Kitchen Market Trend for 2025: Advancements In Modular Kitchen …
What industry-specific factors are fueling the growth of the modular kitchen market?
The significant surge in the residential construction industry has a considerable impact on the expansion of the modular kitchen market. The rising number of property projects and the escalating demand for compact homes are boosting the growth of the modular kitchen market. For instance, the Office for National Statistics, a UK government agency, reported in November 2023 that the…
Multifamily Modular Construction Market Demand Makes Room for New Growth Story: …
Latest Study on Industrial Growth of Global Multifamily Modular Construction Market 2023-2029. A detailed study accumulated to offer the Latest insights about acute features of the Multifamily Modular Construction market. The report contains different market predictions related to revenue size, production, CAGR, Consumption, gross margin, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of the…
Modular Systems Installation Services Market Implications for Biotechnology 2023 …
Modular Systems Installation Services Market Research Report Provides the Newest Industry Data and Industry Future Trends, allowing you to Identify the Products and End Users Driving Revenue Growth and Profitability.
The Modular Systems Installation Services Market is expected to reach USD 139.03 billion by 2029, up from 82.3 billion in 2022, at a compound annual growth rate (CAGR) of 6.2% during the forecast period. Modular systems installation services refer to the…
Multifamily Modular Construction Market by Manufacturers: Guerdon Modular Buildi …
Multifamily Modular Construction Market research report includes the competitive landscape that involves leading companies and adopting strategies to introduce new products, announce partnerships, and collaborate to contribute to market growth. Moreover, the report elaborates on numerous customers' journeys related to this industry, regions, and segments. The Multifamily Modular Construction Market research report delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions.
Request a Free PDF…
Multifamily Modular Construction market: Analysts Predict Market to Reach New He …
"
The global Multifamily Modular Construction Market is carefully researched in the report while largely concentrating on top players and their business tactics, geographical expansion, market segments, competitive landscape, manufacturing, and pricing and cost structures. Each section of the research study is specially prepared to explore key aspects of the global Multifamily Modular Construction Market. For instance, the market dynamics section digs deep into the drivers, restraints, trends, and opportunities of…
Multifamily Modular Construction Market 2020-2026 | In Depth Analysis with Top K …
The research report on the Multifamily Modular Construction Market is a deep analysis of the market. This is a latest report, covering the current COVID-19 impact on the market. The pandemic of Coronavirus (COVID-19) has affected every aspect of life globally. This has brought along several changes in market conditions. The rapidly changing market scenario and initial and future assessment of the impact is covered in the report. Experts have…
