A
new research report by Transparency Market Research offers a
comprehensive evaluation of the global Prefabricated
Building System
Market. The
study, titled “Prefabricated
Building System Market - Global Industry Analysis, Size, Share,
Growth, Trends and Forecast 2016 - 2024”,
is available for sale on the firm’s website.
Global
Prefabricated Building System Market: Overview
Prefabricated
building systems entail modular components such as frames, panels,
doors, roofs, walls, and windows. From setting up industrial
facilities to building homes and commercial spaces, prefabricated
systems are extensively used in developed countries. However, with
developing countries now beginning to adopt prefabricated building
systems because they offer cost-efficiency.
These
systems are prefabricated so as to save both time and space while
assembling them at the desired site. By helping save time at the
construction site, prefabricated building systems help cut down on
the cost of repeatedly transporting material and labor to the
construction site.
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Report Preview:
With
companies in this space focusing on developing structurally robust
structures that can withstand severe weather conditions, the adoption
of prefabricated building systems has only received a boost.
Prefabricated
building systems are available in the form of skeleton systems, panel
systems, combined systems, or cellular systems. A prefabricated panel
system may typically comprise ready-to-use components such as
cellular systems, flexible partition elements, and other kinds of
three-dimensional structures. On the other hand, a skeleton system
features structural elements such as columns and beams and roofing
components. Combined prefabricated building systems feature a
combination of one or more such systems. A variety of materials are
used for constructing prefabricated building systems; these include:
Steel, composites, fiber, wood, and glass.
Global
Prefabricated Building System Market: Drivers
The
factors currently driving the demand for prefabricated systems are:
The establishment of special economic zones where new corporate
offices are coming up, the need for convenient alternatives to
conventional construction techniques, fast-paced urbanization in
emerging regions, and growing investor interest in the real estate
sector worldwide. The development of the real estate industry in
countries in Asia Pacific and the burgeoning demand for prefabricated
building systems in the GCC region will have a positive impact on the
growth of this market.
Global
Prefabricated Building System Market: Trends
The
commercial use of additive manufacturing is expected to lend a large
growth opportunity to the global prefabricated building systems
market. Already, companies are using novel materials and
manufacturing techniques to differentiate their offerings from their
competitors’. The thrust on energy efficiency has led to the
adoption of new designs and concepts, such as micro homes made using
energy-absorbing materials.
However,
there are perceptions among consumers that prefabricated buildings
are not as strong as those constructed from the ground up at the
actual site. Companies are working to change this perception by
introducing new prefabricated building systems that offer strength
and lightness in equal amounts. This has paved the way for the use of
new alloys, which will help the global prefabricated building system
market register a double-digit growth rate.
Global
Prefabricated Building Systems Market: Competitive Landscape
Companies
in the global prefabricated building system market are currently
exploring the use of new materials and fabrication technologies to
make prefabricated building systems lighter, easier to assemble, yet
high on the strength quotient. Among the companies that have
registered an established presence in the global prefabricated
building systems market are: Ritz-Craft Corporation, Inc., Algeco
Scotsman, Lindal Cedar Homes, Inc., Modern Prefab Systems Pvt. Ltd.,
and Champion Home Builders, Inc.
Companies
try and cater to varying customer requirements by offering similar
products to suit different load bearing requirements and a choice of
standard and custom made prefabricated building systems.
This
report studies the companies contributing to the growth of the global
prefabricated building systems market in detail and offers insights
into what the leaders are doing differently.
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to view Sample Report:
The
report offers a comprehensive evaluation of the market. It does so
via in-depth qualitative insights, historical data, and verifiable
projections about market size. The projections featured in the report
have been derived using proven research methodologies and
assumptions. By doing so, the research report serves as a repository
of analysis and information for every facet of the market, including
but not limited to: Regional markets, technology, types, and
applications.
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