Europe Prefabricated Building Market Size Expected to Reach Revenue of Over $ 32 Billion by 2026

CHICAGO, April 13, 2021 / PRNewswire / – In-depth analysis and data-driven insights into the impact of COVID-19 included in this Europe Prefabricated Buildings Market Report.

the Europe prefabricated construction market is expected to grow at a CAGR of over 4% during the period 2020-2026.

Highlights presented in the report:

  1. The United Kingdom and Germany represent the highest share of Europe prefabricated market due to the high average price of prefabricated housing in the country.
  2. The COVID-19 pandemic has created serious uncertainty for many suppliers and contractors in the European construction industry. Several construction companies have been forced to close projects due to the lockdown, while others have witnessed project postponements from clients.
  3. From mid-April 2020, only about 30% of general construction sites were open, and the productivity of these sites was only 20% of the total expected work output level per day. However, since a huge workforce is required for traditional construction unlike off-site construction, opting for prefabricated buildings has become an optimal solution to avoid the spread of disease.
  4. The advent of turnkey solutions is one of the main growth factors of the market in the regions, especially in the countries whose Switzerland, Nordic and British. While Poland and Austria reflect comparatively less penetration of turnkey solutions in the prefabricated building market.
  5. In terms of volume, Germany, the Nordic countries and the United Kingdom will dominate the Europe prefabricated buildings market, with projected growth of more than 3% by 2022.
  6. Steel is the most widely used material in prefabricated construction in Europe due to its proven strength and durability. Prefabricated steel buildings accounted for over 33% of the market.
  7. In 2020, the non-residential segment dominated with more than 55% market share of prefabricated buildings in Europe.
  8. Although the region’s residential sector is very dominant, the non-residential sector has slightly higher demand for prefabrication. This is because commercial spaces, such as shopping malls, hospitals and others, require rapid construction.

Key offers:

  • Market Size and Forecast by Revenue | 2020-2026
  • Market dynamics – Key trends, growth drivers, constraints and investment opportunities
  • Market Segmentation – A detailed analysis by application, material type, system type and geography
  • Competitive landscape – 18 companies are profiled

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Prefabricated Buildings Market in Europe – Segmentation

  • The market for prefabricated steel buildings expects a gradual growth of approx. $ 3 billion by 2026. Steel reframing is seeing strong adoption in prefabricated buildings due to its lightness, ductility and recyclability. These reframes are widely accepted in the construction industry because they can absorb wind turbulence and offer great elasticity during earthquakes.
  • The prefabricated residential construction market in Europe accounted for more than 44% of the shares in 2020. With the increasing trend towards turnkey housing solutions, the prefabricated housing market is expected to accelerate Europe. In addition, the ease of preparation and consent procedures is likely to stimulate the demand for manufactured homes.
  • The prefabricated construction market in Europe by cellular systems accounted for more than 24% share in 2020. The growing demand for complete and finished turnkey solutions in Europe is the main factor responsible for the growth of cellular systems. The increasing number of prefabricated buildings is expected to stimulate demand during the forecast period.

Europe Prefabricated Buildings Market by Application Type

  • Residential
  • Non residential

Europe Prefabricated Building Market by Material Type

  • Steel
  • Concrete
  • Drink
  • Others

Europe Prefabricated Buildings Market by System Type

  • Skeleton system
  • Panel system
  • Cellular system
  • Combined system
  • Other systems

Prefabricated Buildings Market in Europe – Dynamic

With the steady growth in demand for commercial real estate and home ownership in the residential sector, the market for turnkey interior solutions has seen a gradual trend towards Europe. At present, various start-ups, collaborative workspaces and other offices whether it is an established company or new companies, are opting for full fit-out services. As one stop solution overcomes the hassle of limited time constraint, Turnkey is a perfect solution for all commercial interior problems. Today, customers are looking for a single, trusted partner to provide fit-out solutions for their buildings, as opposed to multiple vendors, which was the prevailing custom to ensure quality assured, prompt delivery and on budget. prescribed. The concept of a one-stop-shop solution, while new, has been well received for the design of various commercial spaces. With offices, the residential sector should adopt this model of modern integrated approach. Besides updating office plans to incorporate innovative rooms, the residential sector has seen an increase in technology-driven projects that use basic ergonomics to describe comfort of living.

Key Drivers and Trends Fueling Market Growth:

  • Spatial constraints in large cities
  • High profitability
  • Increased demand for high-end and personalized buildings

Prefabricated Buildings Market in Europe – Geography

The UK is a potential market for sellers of prefabricated buildings. The cost of labor and the scarcity of housing are expected to be the main factors likely to fuel the country’s market. The adoption of modular construction has increased dramatically in recent years. For example, off-site manufacturing has been used in more than 15,000 new homes since 2018. Additionally, one of the biggest challenges for the construction industry in the country is the poor performance and productivity of construction sites. of construction. However, in search of the growing potential and modular construction techniques, key market players have started to invest in better performance and productivity. For example, Legal & General started a business in 2016 to deliver precision homes cheaper and faster through the world’s largest modular housing construction plant, already open in Sherburn, Yorkshire. It represents one of the biggest potential disruptions in the UK residential sector.

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Market for prefabricated buildings in Europe by geography

  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Nordic
    • Russia
    • Belgium
    • Austria
    • Poland
    • Switzerland

Main suppliers

  • Alho Systembau
  • Astron buildings
  • Berkeley Group
  • Bouygues Bâtiment International
  • Ceramic houses
  • DFH Group
  • Fertighaus Weiss
  • ilke houses
  • Kleusberg
  • Laing o’rourke
  • Modular Group
  • Moelven
  • Segezha Group
  • Skanska Group
  • Vitahus
  • REM
  • Danish modular system
  • HUF HAUS

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