Summary
The global Panelized Building Systems Market is expected to witness a CAGR of xx% over the forecast period 2020-2026 and is expected to reach US$ xx million in 2026, from US$ xx million in 2019.
A panelized building system comprises of construction techniques that use advanced technology, quality materials and a controlled work environment for building energy-efficient homes in a short span of time. This system builds floors, roof panels or 3-dimensional parts of a building in a factory and then these parts are assembled on the site. The rise in demand for superior quality products along with low cost and durability is expected to boost the growth of the panelized building systems market. One of the major reasons for rising in the panelized building systems is the migration of people to urban areas. Increasing demand for off-site construction of homes, prefabricated homes and hospitals during COVID-19 and increasing government policies and incentives are among the major factors driving the growth of the panelized building systems.
Drivers:
Increase in environmental concerns is expected to drive growth of the global panelized building systems market over the forecast period. Panelized modular building construction reduces carbon dioxide emissions and on-site disturbances as compared to conventional methods. The U.K Green Building Council, states that the construction sector utilizes around 400 million tons of materials every year, having an adverse effect on the environment. Moreover, low capital investment and growing demand for off-site construction is expected to augment growth of the global panelized building systems market during the forecast period.
Restraints:
Transportation and manufacturing restrictions are expected to hamper growth of the global panelized building systems market during the forecast period.
Regional Analysis:
North America is expected to witness robust growth in the global panelized systems market during the forecast period, due to rise in demand for residential houses in the region. Furthermore, Asia Pacific is also estimated to witness growth in the global panelised system market during the forecast period, due to rising population and growing residential and commercial infrastructure.
Key Players:
Key players in the global panelized systems market are Metek PLC, Kingspan Timber Solutions, Hunter Douglas Group, Robertson Group Ltd and Etex Building Performance.
In February 2020, Algeco Scotsman acquired NET MODULAR, known for manufacturing modular buildings for schools, this acquisition will strengthen Algeco Scotsman’s presence in Australia.
The Panelized Building Systems Market report highlights product development and growth strategies such as mergers and acquisitions adopted by market players along with SWOT Analysis, PEST and Porter’s Five Forces analyses of the Panelized Building Systems Market, which highlight the strengths, and weaknesses, opportunities, and commination of key companies. Moreover, the report offers two distinct market forecasts, one from the perspective of the producer and another from that of the consumer.
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers.
The Key Manufacturers covered in this Report:-
- Algeco Scotsman
- Champion Home Builders Inc.
- EOS Facades Limited
- Frame Homes UK
- Fusion Building Systems
- Hadley Industries PLC
- Innovar
- Kingspan Timber Solutions
- Lindal Cedar Homes Inc.
- Merronbrook
- Metek Building Systems
- Modern Prefab Systems Pvt. Ltd Inc.
- Oregon Timber Frame
- Pinewood Structures
- Ritz-Craft Corporation
- Robertson Timber Engineering
- Salvesen Insulated Frames
- SIP Building Systems
- SIPS Eco Panels
- Taylor Lane Timber Frame
- Thorp Precast
- Walker Timber Group
By the Product Type, the market is primarily segmented into:
- Timber Frame
- Light Gauge Structural Steel Framing
- Concrete
- Other
By Applications, the market is segmented into:
- Residential
- Commercial
- Infrastructure
- Industrial and Institutional
The report covers the following Regions:
- North America
- United States
- Canada
- Mexico
- Asia Pacific
- China
- Japan
- South Korea
- India
- Australia
- Indonesia
- Thailand
- Malaysia
- Philippines
- Vietnam
- Europe
- Germany
- France
- UK
- Italy
- Russia
- Central & South America
- Middle East & Africa
- Turkey
- GCC Countries
- Egypt
- South Africa
Objective of the Panelized Building Systems Market Report:
- To assess the size of the market by value and volume
- Analyze the Panelized Building Systems Market in terms of regions and major countries
- Highlight recent developments and trends in the market
- Offer perceptive data regarding major market players in terms of key developments, strategies, and product portfolio
- Determine share of the Panelized Building Systems Market in terms of various segments such as by product type, application, and end-user
- Offer accurate projection of the market for the forecast period using state–of–the–art tools and the current primary and secondary research approaches
- Discuss major factors that impact the growth of the Panelized Building Systems Market
The Panelized Building Systems Market engages the readers with all pivotal approaches to understand their position in the industry based on revenue or sales growth. The report efficiently evaluates the Panelized Building Systems Market from various dimensions to deliver an end-product that is informative, elaborate, and accurate and includes detailed market segmentation, regional analysis, and competition in the market. The information in the report is backed by annual company reports, financial reports, press releases, regulatory databases, government documents, and statistical databases.
For the data information by region, company, type, and application, 2019 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Key Stakeholders:
- Material suppliers/wholesalers
- Market Distributors/traders
- Regulatory bodies
- Research organizations, and consulting firms
- Commercial research & developments (R&D)
- Trade associations and industry bodies
- Importers and exporters
- End-use industries
Available Customizations:
Custom research is one of the most crucial components of the business strategy that helps an organization gain insight into a specific business sector, aligned with its specific area of interest. Thus, SMI offers more accurate, pragmatic, and actionable information specifically tailored to suit your business needs.
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