Global Panellized Modular Building Systems Market - Segmented by Product Type, Application and Geography - Growth, Trends and Forecasts (2018 - 2023)

  • ID: 4520187
  • Report
  • Region: Global
  • 130 pages
  • Mordor Intelligence
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  • Algeco Scotsman
  • Fusion Building Systems
  • Kingspan Timber Solutions
  • Merronbrook
  • Pinewood Structures
  • SIP Building Systems
  • MORE
The Panelized Modular Building Systems Market is estimated to register a moderately high growth during the forecast period 2018-2023. Residential construction to be the major end-user in the market supported by the attributes, such as ease of use, installation, time saving. Asia Pacific to be the fastest growing region in the market.

Scarcity of Skilled Workers Driving the Market

Today, general contractors and developers are facing issues in filling their worker pipeline and keeping up with tight schedules and tighter budgets making it highly difficult to uphold the margins. The owners are preferring to contract with one or two modular factories than to go for finding workers in various labor markets. The usage of panelized modular building systems can reduce the requirement of labor between 40-60% along with cost and timesaving benefits. The traditional general contractors, developers, and owners are collaborating for various construction processes. This change due to increasing scarcity of workers is to drive the market for panelized modular building systems.

Residential to be the Largest End-user Segment

The main benefit of offsite construction is higher build quality (better air-tightness and better insulation). The energy usage for panelized modular building systems is relatively less compared to traditionally built houses. The advantages of energy savings can be seen in the heating bills by around 25%. These systems helps in avoiding errors and trades on site. The ongoing research to develop higher build quality is to drive the growth in the residential usage of panelized modular building systems market.

Asia Pacific to be the Fastest Growing Market

The increased urbanization, government spending, investment, and consumer spending are set to double the ASEAN economies in the next 10-15 years, which is to trigger the growth of infrastructure development in the region. The construction industries of China and India offers the major opportunities for the market owing to the presence of large population. Countries including Thailand, Myanmar, Vietnam, and Malaysia are likely to record rapid growth in the next five years supported by ongoing infrastructure contracts, increased consumer spending and high public and private sector participation making the market for panelized modular building systems to grow at a healthy rate through the forecast period.

Notable Developments in the Market

August 2017: Algeco Scotsman announced that it entered into a definitive agreement with Double Eagle Acquisition Corp. (DEAC), a publicly traded special purpose acquisition company, to sell the company’s North American modular space and portable storage operations to Williams Scotsman Holdings Corp., a newly-formed subsidiary of DEAC

Major Key Players Algeco Scotsman, Modern Prefab Systems Pvt. Ltd. Inc., Ritz-Craft Corporation, Lindal Cedar Homes Inc., Oregon Timber Frame, amongst others.

Reasons to Purchase this Report

To understand the impact of increasing stringent regulations on the market

Analyzing various perspectives of the market with the help of Porter’s five forces analysis

To understand the trend of end-user industries with application of bio based polyurethanes

Countries expected to witness the fastest growth during the forecast period

Identify the latest developments, market shares, and strategies employed by the major market players

3-month analyst support, along with the Market Estimate sheet in excel

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Note: Product cover images may vary from those shown
2 of 5


  • Algeco Scotsman
  • Fusion Building Systems
  • Kingspan Timber Solutions
  • Merronbrook
  • Pinewood Structures
  • SIP Building Systems
  • MORE
1. Introduction
1.1 Research Phases
1.2 Study Deliverables

2. Executive Summary

3. Market Insights
3.1 Industry Value Chain Analysis
3.2 Industry Attractiveness - Porter’s Five Forces Analysis
3.2.1 Bargaining Power of Suppliers
3.2.2 Bargaining Power of Consumers
3.2.3 Threat of New Entrants
3.2.4 Threat of Substitute Products and Services
3.2.5 Degree of Competition
3.3 Technological Snapshot
3.4 Regulatory Policy Analysis

4. Market Dynamics
4.1 Drivers
4.1.1 Growing Demand for Off-site Construction
4.1.2 Increasing Demand for Energy-efficient Modular Homes
4.1.3 Other Drivers
4.2 Restraints
4.2.1 Restricted to Smaller Construction Activities
4.2.2 Other Restraints
4.3 Opportunities
4.3.1 Increasing Investment in Infrastructure and Commercial Constructions in Developing Economies
4.3.2 Other Opportunities

5. Market Segmentation and Analysis (Market Size, Growth, and Forecast)
5.1 By Product
5.1.1 Panelized Roof Systems
5.1.2 Paenlized Floor Systems
5.1.3 Panelized Wall Systems
5.2 By Type
5.2.1 Timber Frame
5.2.2 Light Gauge Structural Steel Framing
5.2.3 Concrete
5.2.4 Others
5.3 By Application
5.3.1 Residential
5.3.2 Commercial
5.3.3 Industrial

6. Regional Market Analysis (Market Size, Growth, and Forecast)
6.1 Asia-Pacific
6.1.1 China
6.1.2 India
6.1.3 Japan
6.1.4 South Korea
6.1.5 Rest of Asia-Pacific
6.2 North America
6.2.1 United States
6.2.2 Canada
6.2.3 Mexico
6.2.4 Rest of North America
6.3 Europe
6.3.1 Germany
6.3.2 United Kingdom
6.3.3 Italy
6.3.4 France
6.3.5 Rest of Europe
6.4 South America
6.4.1 Brazil
6.4.2 Argentina
6.4.3 Rest of South America
6.5 Middle East & Africa
6.5.1 Saudi Arabia
6.5.2 South Africa
6.5.3 Rest of Middle East & Africa

7. Future of the Market

8. Competitive Landscape
8.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
8.2 Market Share Analysis**
8.3 Strategies Adopted by Leading Players

9. Company Profiles (Overview, Products & Services, Financials**, Recent Developments, and Analyst View)
9.1 Algeco Scotsman
9.2 Modern Prefab Systems Pvt. Ltd., Inc.
9.3 Ritz-Craft Corporation
9.4 Lindal Cedar Homes, Inc.
9.5 Champion Home Builders, Inc.
9.6 Oregon Timber Frame
9.7 Metek Building Systems
9.8 Taylor Lane Timber Frame
9.9 Robertson Timber Engineering
9.10 EOS Facades
9.11 Kingspan Timber Solutions
9.12 SIPS Eco Panels
9.13 Thorp Precast
9.14 Pinewood Structures
9.15 Space 4
9.16 SIP Building Systems
9.17 Walker Timber Group
9.18 Hadley Steel Framing
9.19 Frame Homes (South West)
9.20 Innovare Systems
9.21 Merronbrook
9.22 Fusion Building Systems
9.23 Salvesen Insulated Frames
9.24 KLH UK
*List Not Exhaustive

10. Disclaimer
**Subject to Feasibility & Availability on Public Domain
Note: Product cover images may vary from those shown
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4 of 5
  • Algeco Scotsman
  • Modern Prefab Systems Pvt. Ltd. Inc.
  • Ritz-Craft Corporation
  • Lindal Cedar Homes Inc.
  • Champion Home Builders Inc.
  • 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
Note: Product cover images may vary from those shown
5 of 5
Note: Product cover images may vary from those shown