Market Overview:
The global panellized modular building systems 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 prefabricated and modular buildings across the globe. Additionally, factors such as easy installation, low-cost, and quick turnaround time are also contributing to the growth of this market. The global panellized modular building systems market is segmented on the basis of type, application, and region. On the basis of type, it is divided into timber frame, concrete frame, light gauge structural steel framing (LGSF), and other types. The timber frame segment dominates this market owing to its advantages such as durability and sustainability over other types of framing materials used in modular construction projects. In terms of application, it is classified into residential buildings & structures; commercial buildings & structures; industrial buildings & structures; infrastructure projects (elevated highways/roads/bridges/tunnels); institutional facilities (schools/colleges/universities); healthcare facilities; correctional facilities; religious institutions; amusement parks etc.).
Product Definition:
Panellized Modular Building Systems are a construction system that uses standardized panels to build a structure. The importance of Panellized Modular Building Systems is that it can speed up the construction process and make it more efficient.
Timber Frame:
Timber frame is a framing method that consists of studs or posts at regular intervals along with horizontal beams or joists. The method is commonly used for constructing residential buildings and has been gaining popularity in non-residential as well. Timber frame construction offers several advantages such as high strength, durability, and energy efficiency which has resulted in its increased use over the past few years.
The global timber frame market size was valued at USD 2 billion in 2015.
Concrete:
Concrete is a composite material made up of sand, cement, and water. The ratio of these ingredients determines the performance characteristics of concrete such as strength and durability. Concrete can be used in various forms including self-leveling flooring, paver stones & blocks, ready mix concrete (RMC), precast concrete products such as panels & beams, etc.
Application Insights:
The global demand for Panellized modular building systems has witnessed a paradigm shift due to the growing need for construction of high rise buildings. The residential segment is expected to be the fastest-growing application segment over the forecast period owing to increasing urbanization, which in turn will increase product demand.
The commercial sector was estimated at USD 1,252.5 million in 2017 and is projected to reach USD 2,069.7 million by 2030 with a CAGR of XX% from 2018 to 2030. Growing business activities coupled with rising tourism are anticipated drive product demand in this sector over the forecast period thereby contributing towards revenue growth during this period of study.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The region accounted for a share of more than 30% in 2016 and is anticipated to witness significant growth over the forecast period. This growth can be attributed to increasing infrastructure activities coupled with rising investments in residential and commercial construction sectors across emerging economies, such as China, India, Indonesia, Vietnam among others.
The Middle East & Africa (MEA) region also presents significant opportunities for industry participants owing to growing construction activities mainly driven by government initiatives aimed at improving public infrastructure within countries including Qatar, UAE among others are expected to boost product demand over the next eight years.
North America was valued at USD X billion in 2016 and is projected to grow at an estimated CAGR of XX% from 2017 until 2030 due high consumption of modular buildings primarily concentrated along U.S.
Growth Factors:
- Increasing demand for off-site construction: The Panellized Modular Building Systems market is witnessing a growing demand for off-site construction, which is attributed to the advantages of this construction methodology over traditional on-site construction. Off-site construction offers several benefits such as shorter project duration, improved quality and safety, and reduced environmental impact.
- Growing popularity of prefabricated buildings: Prefabricated buildings are gaining popularity due to their many advantages such as faster installation time, lower costs, and better quality control. This is benefiting the Panellized Modular Building Systems market as prefabricated modular buildings are made using modular panels that can be assembled quickly on site.
- Rising need for temporary structures: The need for temporary structures is increasing due to the growing trend of event marketing and pop-up stores. Temporary structures offer several benefits such as low cost, easy installation, and short project duration when compared with traditional building methods. This is benefiting the Panellized Modular Building Systems market as it offers an efficient way to meet the needs of temporary structure requirements quickly and cost effectively..
Scope Of The Report
Report Attributes
Report Details
Report Title
Panellized Modular Building Systems Market Research Report
By Type
Timber Frame, Concrete, Light Gauge Structural Steel Framing, Other
By Application
Residential, Commercial, Industrial, Infrastructure
By Companies
Algeco Scotsman, Modern Prefab Systems, Ritz-Craft Corporation, Lindal Cedar Homes, Champion Home Builders, Oregon Timber Frame, Metek Building Systems, Taylor Lane Timber Frame, Robertson Timber Engineering, EOS Facades, Kingspan Timber Solutions, SIPS Eco Panels, Thorp Precast, Pinewood Structures, Space 4, SIP Building Systems, Walker Timber Group, Hadley Steel Framing, Frame Homes (South West), Innovare Systems, Merronbrook, Fusion Building Systems, Salvesen Insulated Frames, KLH UK, Laing O'Rourke
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 Panellized Modular Building Systems Market Report Segments:
The global Panellized Modular Building Systems market is segmented on the basis of:
Types
Timber Frame, Concrete, Light Gauge Structural Steel Framing, 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, Industrial, Infrastructure
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
- Modern Prefab Systems
- Ritz-Craft Corporation
- Lindal Cedar Homes
- Champion Home Builders
- Oregon Timber Frame
- Metek Building Systems
- Taylor Lane Timber Frame
- Robertson Timber Engineering
- EOS Facades
- Kingspan Timber Solutions
- SIPS Eco Panels
- Thorp Precast
- Pinewood Structures
- Space 4
- SIP Building Systems
- Walker Timber Group
- Hadley Steel Framing
- Frame Homes (South West)
- Innovare Systems
- Merronbrook
- Fusion Building Systems
- Salvesen Insulated Frames
- KLH UK
- Laing O'Rourke
Highlights of The Panellized Modular Building Systems 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
- Concrete
- Light Gauge Structural Steel Framing
- Other
- By Application:
- Residential
- Commercial
- Industrial
- Infrastructure
- 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 Panellized Modular Building Systems 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
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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?
Panellized modular building systems (PMBS) are a type of construction system that uses panels to build large structures. The panels are made out of various materials, and they can be assembled on-site using machines. This system is often used for buildings, such as schools and hospitals.
Some of the major players in the panellized modular building systems market are Algeco Scotsman, Modern Prefab Systems, Ritz-Craft Corporation, Lindal Cedar Homes, Champion Home Builders, Oregon Timber Frame, Metek Building Systems, Taylor Lane Timber Frame, Robertson Timber Engineering, EOS Facades, Kingspan Timber Solutions, SIPS Eco Panels, Thorp Precast, Pinewood Structures, Space 4, SIP Building Systems, Walker Timber Group, Hadley Steel Framing, Frame Homes (South West), Innovare Systems, Merronbrook, Fusion Building Systems, Salvesen Insulated Frames, KLH UK, Laing O'Rourke.
The panellized modular building systems market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Panellized Modular Building Systems Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Panellized Modular Building Systems Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Panellized Modular Building Systems Market - Supply Chain
4.5. Global Panellized Modular Building Systems Market Forecast
4.5.1. Panellized Modular Building Systems Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Panellized Modular Building Systems Market Size (000 Units) and Y-o-Y Growth
4.5.3. Panellized Modular Building Systems Market Absolute $ Opportunity
5. Global Panellized Modular Building Systems Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Panellized Modular Building Systems Market Size and Volume Forecast by Type
5.3.1. Timber Frame
5.3.2. Concrete
5.3.3. Light Gauge Structural Steel Framing
5.3.4. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Panellized Modular Building Systems Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Panellized Modular Building Systems Market Size and Volume Forecast by Application
6.3.1. Residential
6.3.2. Commercial
6.3.3. Industrial
6.3.4. Infrastructure
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Panellized Modular Building Systems Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Panellized Modular Building Systems Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Panellized Modular Building Systems Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Panellized Modular Building Systems Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Panellized Modular Building Systems Demand Share Forecast, 2019-2026
9. North America Panellized Modular Building Systems Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Panellized Modular Building Systems Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Panellized Modular Building Systems Market Size and Volume Forecast by Application
9.4.1. Residential
9.4.2. Commercial
9.4.3. Industrial
9.4.4. Infrastructure
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Panellized Modular Building Systems Market Size and Volume Forecast by Type
9.7.1. Timber Frame
9.7.2. Concrete
9.7.3. Light Gauge Structural Steel Framing
9.7.4. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Panellized Modular Building Systems Demand Share Forecast, 2019-2026
10. Latin America Panellized Modular Building Systems Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Panellized Modular Building Systems Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Panellized Modular Building Systems Market Size and Volume Forecast by Application
10.4.1. Residential
10.4.2. Commercial
10.4.3. Industrial
10.4.4. Infrastructure
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Panellized Modular Building Systems Market Size and Volume Forecast by Type
10.7.1. Timber Frame
10.7.2. Concrete
10.7.3. Light Gauge Structural Steel Framing
10.7.4. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Panellized Modular Building Systems Demand Share Forecast, 2019-2026
11. Europe Panellized Modular Building Systems Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Panellized Modular Building Systems Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Panellized Modular Building Systems Market Size and Volume Forecast by Application
11.4.1. Residential
11.4.2. Commercial
11.4.3. Industrial
11.4.4. Infrastructure
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Panellized Modular Building Systems Market Size and Volume Forecast by Type
11.7.1. Timber Frame
11.7.2. Concrete
11.7.3. Light Gauge Structural Steel Framing
11.7.4. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Panellized Modular Building Systems Demand Share, 2019-2026
12. Asia Pacific Panellized Modular Building Systems Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Panellized Modular Building Systems Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Panellized Modular Building Systems Market Size and Volume Forecast by Application
12.4.1. Residential
12.4.2. Commercial
12.4.3. Industrial
12.4.4. Infrastructure
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Panellized Modular Building Systems Market Size and Volume Forecast by Type
12.7.1. Timber Frame
12.7.2. Concrete
12.7.3. Light Gauge Structural Steel Framing
12.7.4. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Panellized Modular Building Systems Demand Share, 2019-2026
13. Middle East & Africa Panellized Modular Building Systems Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Panellized Modular Building Systems Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Panellized Modular Building Systems Market Size and Volume Forecast by Application
13.4.1. Residential
13.4.2. Commercial
13.4.3. Industrial
13.4.4. Infrastructure
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Panellized Modular Building Systems Market Size and Volume Forecast by Type
13.7.1. Timber Frame
13.7.2. Concrete
13.7.3. Light Gauge Structural Steel Framing
13.7.4. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Panellized Modular Building Systems Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Panellized Modular Building Systems Market: Market Share Analysis
14.2. Panellized Modular Building Systems Distributors and Customers
14.3. Panellized Modular Building Systems Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Algeco Scotsman
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Modern Prefab Systems
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Ritz-Craft Corporation
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Lindal Cedar Homes
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Champion Home Builders
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Oregon Timber Frame
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Metek Building Systems
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Taylor Lane Timber Frame
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Robertson Timber Engineering
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. EOS Facades
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Kingspan Timber Solutions
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. SIPS Eco Panels
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Thorp Precast
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Pinewood Structures
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Space 4
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. SIP Building Systems
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Walker Timber Group
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Hadley Steel Framing
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Frame Homes (South West)
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Innovare Systems
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
