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The United States prefabricated buildings market value is projected to grow at a CAGR of 6.1% between 2024 and 2032.
Base Year
Historical Year
Forecast Year
United States Prefabricated Buildings Market Report Summary | Description | Value |
Base Year | USD Million | 2023 |
Historical Period | USD Million | 2018-2023 |
Forecast Period | USD Million | 2024-2032 |
Market Size 2023 | USD Million | XX |
Market Size 2032 | USD Million | XX |
CAGR 2018-2023 | Percentage | XX% |
CAGR 2024-2032 | Percentage | 6.1% |
CAGR 2024-2032 - Market by Region | Far West | 7.1% |
CAGR 2024-2032 - Market by Region | Rocky Mountain | 6.6% |
CAGR 2024-2032 - Market by Material | Steel | 6.7% |
CAGR 2024-2032 - Market by Application | Residential | 6.9% |
2023 Market Share by Region | Plains | 8.0% |
Urban population levels are increasing each day, which has created a need for quick construction methods. Prefabricated buildings provides a faster alternative to traditional construction process and help meet the demand for residential and commercial spaces. Also, prefabricated buildings are more cost-effective than conventional buildings, which is driving growth of the United States prefabricated buildings market. They can further reduce labour costs and total time of construction, making them appealing to developers, builders, and homeowners. As per industry reports, cost of a manufactured home translates to USD 57 per square foot, which is lower than the cost of USD 119 per square foot for site-built homes.
Moreover, rapid advancements in technologies used in prefabricated buildings are resulting in growth of overall construction industry in the US. Some of the examples include 3D printing, which produces building components using optimal quantity of materials; Building Information Modelling (BIM), which provides detailed digital representations; and robotic automation, which reduces labour costs and speeds up production. These technologies are being adopted across various industries of the US, resulting in increased United States prefabricated buildings market revenue.
CAGR 2024-2032 - Market by | Region |
Far West | 7.1% |
Rocky Mountain | 6.6% |
Southwest | 6.3% |
New England | XX% |
Mideast | XX% |
Plains | XX% |
Southeast | XX% |
Great Lakes | XX% |
Expert Market Research's industry report provides a comprehensive quantitative analysis of various market segments, historical and current market trends, and forecasts the dynamics of the United States prefabricated buildings market spanning from 2018 to 2032.
The research report delivers up-to-date insights into the market drivers, challenges, and opportunities shaping the United States prefabricated buildings market.
Stakeholders can leverage Porter's five forces analysis to assess the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. This analysis aids in evaluating the competitiveness and attractiveness of the United States prefabricated buildings market.
The competitive landscape section enables stakeholders to gain a deep understanding of their competitive environment. It offers insights into the current market positions of key players, their strategies, and their market shares.
Additionally, the report highlights emerging trends, regulatory influences, and technological advancements that are pivotal for stakeholders navigating the United States prefabricated buildings market landscape.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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REPORT FEATURES | DETAILS |
Base Year | 2024 |
Historical Period | 2018-2024 |
Forecast Period | 2025-2034 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Material |
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Breakup by Application |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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