This report provides detailed market analysis, information, trends, issues and insights into the global prefabricated buildings market, including:
The regional and global prefabricated buildings market’s
growth prospects by category
Analysis of the Asia-Pacific, Middle East, North American,
Latin American and European markets, with country-level data
Critical insight into the impact on the markets through
comparative analysis of country-level data.
Company profiles of key companies operating in the
prefabricated buildings market.
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Executive summary
In terms of growth, the global prefabricated buildings
market recorded a review-period (2008−2012) CAGR of 1.92%. The growth was
subdued by a 15% decline in the market in 2009, due to the financial crisis.
Construction activity slowed, and consequently the demand for prefabricated
buildings declined. The market is expected to record a forecast-period CAGR of
8.59% due to construction industry growth, residential development in emerging
economies and the easing of the financial crisis in Europe. Continuing economic
uncertainty in the Eurozone is expected to reduce the market shares of the
European region over the forecast period. Developing economies in the
Asia-Pacific region, such as China, India and Indonesia are expected to support
the market’s expansion due to the demand for residential construction in these
locations.
Scope
This report provides
a comprehensive analysis of the global prefabricated buildings market:
Historical (2008-2012) and forecast (2013-2017) valuations
of the prefabricated buildings construction market in Asia-Pacific, Middle
East, Europe, North America, Latin America.
It covers construction, prefabricated buildings, iron and
steel buildings, wood buildings, concrete buildings, aluminum buildings, and
plastic buildings
Breakdown of values at country level, covering 44 countries
Analysis of key events and factors driving the construction
of prefabricated buildings globally
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Reasons to buy
Identify and evaluate market opportunities using our
standardized valuation and forecasting methodologies
Assess market growth potential at a micro-level via review
data and forecasts at category and country level
Understand the latest industry and market trends
Formulate and validate business strategies by leveraging our
critical and actionable insight
Assess business risks, including cost, and competitive
pressures
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Key highlights
The global prefabricated buildings market valued US$90.1
billion in 2012. Asia-Pacific was the largest regional market, accounting for
49.3% of the global market.
The Asia-Pacific prefabricated buildings market valued
US$44.4 billion in 2012, and recorded a review-period CAGR of 16.23%,
outperforming all other regional markets. China constituted the largest share
of the Asia-Pacific market with 61% in 2012, followed by Japan, Australia and
Indonesia with respective shares of 22.3%, 6.8% and 5.1%.
The European prefabricated buildings market valued US$31.5
billion in 2012, with Italy accounting for the largest share with 25.4%,
followed by Germany, France, the UK and Russia with respective shares of 12.7%,
10.7%, 9.2% and 8.5%. The 2009 financial crisis and subsequent European debt
crisis were detrimental to the European construction industry, and caused the
prefabricated buildings market to record a review-period CAGR of -6.68%.
The North American prefabricated buildings market valued
US$10.2 billion in 2012. The US was the largest market with a 74.8% share.
Demand for prefabricated buildings declined as a result of the housing crisis
and recession, causing the North American prefabricated buildings market to
record a review-period CAGR of -7.69%.
The Middle Eastern prefabricated buildings market was the
second-smallest regional market for in 2012, valuing US$2.9 billion and
accounting for a 3.2% share of the global market.
The construction of prefabricated houses has been used for
more than five decades in developed economies. Awareness of environmental
issues has provided opportunities for the sustainable buildings market over the
traditional buildings market. Due to the government’s focus on improving the
energy efficiency of buildings, demand for prefabricated buildings is growing
rapidly.
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