Surge In Urbanization Drive Growth In The Global Modular And Prefabricated Nonresidential Building Construction Market: Strengthening the Growth Trajectory of the Modular and Prefabricated Nonresidential Building Construction Market

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Modular and Prefabricated Nonresidential Building Construction Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The nonresidential construction market for modular and prefabricated buildings has seen considerable expansion in the recent past. It's projected to escalate from a value of $77.89 billion accrued in 2024 to about $81.9 billion by the end of 2025, displaying a compound annual growth rate (CAGR) of 5.1%. The impressive growth in historical data is a result of robust economic prosperity in emerging markets, heightened government initiatives, urbanization surge, and boom in modular construction.

Modular and Prefabricated Nonresidential Building Construction Market Size Forecast: What's the Projected Valuation by 2029?
We anticipate a solid expansion in the modular and prefabricated nonresidential building construction market in the coming years. By 2029, the market is projected to reach a value of $103.88 billion, with a compound annual growth rate (CAGR) of 6.1%. The imminent market growth can be attributed to several factors including population increase, a surge in disposable income, heightened environmental awareness, a rising number of mergers and acquisitions, advancements in infrastructure, and a boost in industrialization. Emerging trends in this predicted growth period comprise investments in mineral wool insulation materials, adoption of 3D printing technology for enhanced and expedited capabilities and services, and the utilization of advanced construction technology and robotics in modular construction.

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What Are the Drivers Transforming the Modular and Prefabricated Nonresidential Building Construction Market?
The expansion and transformation of urban areas as a result of the migration of people from rural settings, a process known as urbanization, is projected to drive growth in the worldwide modular and prefabricated non-residential building construction market in the forecast period. Urbanization plays a pivotal role in propelling the growth of this market, as it necessitates the development of infrastructure such as offices and schools, and prompts demand for cost-effective solutions in response to escalating land and labour costs. The World Economic Forum, an independent international organization based in Switzerland, reported in April 2022 that over 4.3 billion people, accounting for 55% of the global population, resided in urban areas. This figure is projected to reach 80% by 2050. Therefore, the anticipated uptick in urbanization is expected to foster the growth of the global modular and prefabricated non-residential building construction market in the future.

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What Long-Term Trends Will Define the Future of the Modular and Prefabricated Nonresidential Building Construction Market?
The potential of cross-laminated timber (CLT) is increasingly recognized within the timber construction sector of the wood industry. More and more, non-residential constructions like schools, warehouses, stores, and restaurants are seeing a surge in the usage of CLT as it presents a cost-effective alternative to steel and concrete. Within the sphere of the construction industry, 3D printing has stepped up as a means to craft building components or even whole structures. It is often deployed for creating intricate components utilized in residential, business, and industrial construction, delivering benefits like decreased labor costs, boosted construction speed, and higher precision. An instance of this breakthrough in technology is the DFAB House, the first-ever inhabited house that was both digitally planned and constructed. Highlighting an example from October 2022, Luyten 3D, an Australian construction company that specializes in 3D printing tech, debuted the Platypus X12 concrete printer. This AI-operated mobile concrete 3D printer-adaptable for usage in the construction industry-stands as one of the biggest printers in the world and can be resized to a 12 x 6 mobile crane within 20 minutes, thereby enhancing its large-scale structure printing ability. In addition, this printer is designed with acoustic and optical-based artificial intelligence for data-centric concrete printing and a patented anti-clogging head.

Which Segments in the Modular and Prefabricated Nonresidential Building Construction Market Offer the Most Profit Potential?
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

Subsegments:
1) By Standard Metal: Steel Frame Structures, Pre-Engineered Metal Buildings, Metal Roof Systems
2) By Agricultural Metal: Metal Barns And Storage Facilities, Agricultural Equipment Sheds, Livestock Housing Structures
3) By Modular Nonmetal: Modular Wood Buildings, Modular Composite Structures, Modular Concrete Buildings
4) By Panelized Precast Nonmetal: Precast Concrete Panels, Insulated Precast Panels, Architectural Precast Panels

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Which Firms Dominate the Modular and Prefabricated Nonresidential Building Construction Market by Market Share and Revenue in 2025?
Major companies operating in the modular and prefabricated nonresidential building construction market include 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, Ramky Infrastructure 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, 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, 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

Which Regions Offer the Highest Growth Potential in the Modular and Prefabricated Nonresidential Building Construction Market?
Asia-Pacific was the largest region in the modular and prefabricated nonresidential building construction market in 2024. Africa is expected to be the fastest-growing region in the global modular and prefabricated nonresidential building construction market share during the forecast period. The regions covered in the modular and prefabricated nonresidential building construction market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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