Market Overview:
The global panelized and modular building system market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for panelized and modular buildings in residential, commercial, infrastructure, and industrial applications. Panelized and modular buildings offer several advantages over traditional construction methods such as time savings, reduced wastage, improved quality control, and increased flexibility. These benefits are driving the demand for panelized and modular buildings across the globe. The global panelized and modular building system market is segmented on the basis of type into timber frame, light gauge structural steel framing (LGSF), concrete frame, insulated sandwich panels (ISP), other types. The timber frame segment is expected to account for a major share of the global market in 2018 owing to its low cost as well as easy installation process when compared with other types of framing systems.
Product Definition:
Panelized and modular building systems are construction methods in which individual panels or modules are prefabricated and then assembled on site. This type of construction is often used for commercial or residential buildings, as it can be faster and more efficient than traditional construction methods. Panelized and modular building systems have a number of advantages over traditional construction: they are often more affordable, easier to construct, and can be completed more quickly. They also tend to be more sustainable, as they use fewer resources than traditional construction methods.
Timber Frame:
Timber frame is a term used for framing construction which consists of log, poles, or other timber. Timber frame is the basic structure in which the walls and roof are constructed. The size of timber frames varies according to building requirements; however, it can be as large as a house or small enough to build an outbuilding such as garage.
Light Gauge Structural Steel Framing:
Light gauge structural steel framing is a type of construction used in panelized and modular buildings. It utilizes less metal than the heavy-gauge structural steel framing, which makes it easier to install. The system has become more popular in recent years due to its ease of use and lightweight nature.
The light gauge framing systems are made up of smaller pieces that make them easier to handle during installation, therefore they have been gaining popularity over the past few years since their inception.
Application Insights:
The industry is segmented by application into residential, commercial and infrastructure, and industrial sectors. The residential sector accounted for the largest share in 2016 owing to increasing demand for single-family houses in urban areas across the globe. This trend is expected to continue over the forecast period as governments encourage home ownership as an investment vehicle.
The commercial sector includes retail spaces, offices, hotels/restaurants and other public amenities such as stadiums and gardens. Increasing construction of shopping malls around the world has been a major factor driving modular building systems due to their flexible design options along with cost-effectiveness benefits over traditional construction methods such as concrete or steel frame structures.
Regional Analysis:
Europe dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a share of more than 30% in terms of revenue and is anticipated to grow at a significant rate over the forecast period. This growth can be attributed to increasing demand from residential, commercial, and industrial sectors across Europe.
‰© 2018 The Asia Pacific Society of Civil Engineers (APSCOE) Ltd., All Rights Reserved- Page 7 Building Code 2015 – 16th Edition Japan has adopted International Building Code which includes provision for lightweight structural systems such as light gauge steel framing as an approved method for buildings up to height limit of 90 meters.
Growth Factors:
- Increasing demand for off-site construction: The benefits of off-site construction such as shorter project timelines, improved quality and safety, and reduced environmental impact are well recognized. This is driving the demand for panelized and modular building systems.
- Growing popularity of prefabricated homes: Prefabricated homes are gaining in popularity due to their many advantages such as faster construction time, lower cost, and better quality than traditional homes. Panelized and modular building systems are well suited for prefabricated homes.
- Rising need for temporary housing: The increasing number of refugees worldwide has led to a growing need for temporary housing solutions. Panelized and modular building systems can be used to quickly construct shelters or other temporary structures needed during emergencies or natural disasters.
Scope Of The Report
Report Attributes
Report Details
Report Title
Panelized and Modular Building System Market Research Report
By Type
Timber Frame, Light Gauge Structural Steel Framing, Concrete, Other
By Application
Residential, Commercial, Infrastructure, Industrial
By Companies
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
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Panelized and Modular Building System Market Report Segments:
The global Panelized and Modular Building System market is segmented on the basis of:
Types
Timber Frame, Light Gauge Structural Steel Framing, Concrete, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Residential, Commercial, Infrastructure, Industrial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- 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
Highlights of The Panelized and Modular Building System Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Timber Frame
- Light Gauge Structural Steel Framing
- Concrete
- Other
- By Application:
- Residential
- Commercial
- Infrastructure
- Industrial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Panelized and Modular Building System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Panelized and modular building systems are a type of construction system that uses panels or modules to build large structures. The panels or modules can be assembled on-site using simple tools, and the system can be customized to meet specific needs. This approach is often more costeffective than traditional construction methods, and it allows for greater flexibility in design.
Some of the major players in the panelized and modular building system market are 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.
The panelized and modular building system market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Panelized and Modular Building System Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Panelized and Modular Building System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Panelized and Modular Building System Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Panelized and Modular Building System Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Panelized and Modular Building System Market Size & Forecast, 2018-2028
4.5.1 Panelized and Modular Building System Market Size and Y-o-Y Growth
4.5.2 Panelized and Modular Building System Market Absolute $ Opportunity
Chapter 5 Global Panelized and Modular Building System Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Panelized and Modular Building System Market Size Forecast by Type
5.2.1 Timber Frame
5.2.2 Light Gauge Structural Steel Framing
5.2.3 Concrete
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Panelized and Modular Building System Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Panelized and Modular Building System Market Size Forecast by Applications
6.2.1 Residential
6.2.2 Commercial
6.2.3 Infrastructure
6.2.4 Industrial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Panelized and Modular Building System Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Panelized and Modular Building System Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Panelized and Modular Building System Analysis and Forecast
9.1 Introduction
9.2 North America Panelized and Modular Building System Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Panelized and Modular Building System Market Size Forecast by Type
9.6.1 Timber Frame
9.6.2 Light Gauge Structural Steel Framing
9.6.3 Concrete
9.6.4 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Panelized and Modular Building System Market Size Forecast by Applications
9.10.1 Residential
9.10.2 Commercial
9.10.3 Infrastructure
9.10.4 Industrial
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Panelized and Modular Building System Analysis and Forecast
10.1 Introduction
10.2 Europe Panelized and Modular Building System Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Panelized and Modular Building System Market Size Forecast by Type
10.6.1 Timber Frame
10.6.2 Light Gauge Structural Steel Framing
10.6.3 Concrete
10.6.4 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Panelized and Modular Building System Market Size Forecast by Applications
10.10.1 Residential
10.10.2 Commercial
10.10.3 Infrastructure
10.10.4 Industrial
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Panelized and Modular Building System Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Panelized and Modular Building System Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Panelized and Modular Building System Market Size Forecast by Type
11.6.1 Timber Frame
11.6.2 Light Gauge Structural Steel Framing
11.6.3 Concrete
11.6.4 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Panelized and Modular Building System Market Size Forecast by Applications
11.10.1 Residential
11.10.2 Commercial
11.10.3 Infrastructure
11.10.4 Industrial
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Panelized and Modular Building System Analysis and Forecast
12.1 Introduction
12.2 Latin America Panelized and Modular Building System Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Panelized and Modular Building System Market Size Forecast by Type
12.6.1 Timber Frame
12.6.2 Light Gauge Structural Steel Framing
12.6.3 Concrete
12.6.4 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Panelized and Modular Building System Market Size Forecast by Applications
12.10.1 Residential
12.10.2 Commercial
12.10.3 Infrastructure
12.10.4 Industrial
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Panelized and Modular Building System Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Panelized and Modular Building System Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Panelized and Modular Building System Market Size Forecast by Type
13.6.1 Timber Frame
13.6.2 Light Gauge Structural Steel Framing
13.6.3 Concrete
13.6.4 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Panelized and Modular Building System Market Size Forecast by Applications
13.10.1 Residential
13.10.2 Commercial
13.10.3 Infrastructure
13.10.4 Industrial
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Panelized and Modular Building System Market: Competitive Dashboard
14.2 Global Panelized and Modular Building System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Algeco Scotsman
14.3.2 Champion Home Builders Inc.
14.3.3 EOS Facades Limited
14.3.4 Frame Homes UK
14.3.5 Fusion Building Systems
14.3.6 Hadley Industries PLC
14.3.7 Innovar
14.3.8 Kingspan Timber Solutions
14.3.9 Lindal Cedar Homes Inc.
14.3.10 Merronbrook
14.3.11 Metek Building Systems
14.3.12 Modern Prefab Systems Pvt. Ltd Inc.
14.3.13 Oregon Timber Frame
14.3.14 Pinewood Structures
14.3.15 Ritz-Craft Corporation
14.3.16 Robertson Timber Engineering
14.3.17 Salvesen Insulated Frames
14.3.18 SIP Building Systems
14.3.19 SIPS Eco Panels
14.3.20 Taylor Lane Timber Frame
14.3.21 Thorp Precast
14.3.22 Walker Timber Group
