Single-Family Modular and Prefabricated Housing Construction Market Report 2025

This Single-Family Modular and Prefabricated Housing Construction market report provides a comprehensive analysis of the market’s characteristics, size, and growth, including segmentation, regional and country-level breakdowns, competitive landscape, market shares, trends, and strategies. It also tracks historical and forecasted market growth across various geographies.

The single-family modular and prefabricated housing construction market size has grown steadily in recent years. It will grow from $50.18 billion in 2024 to $52.49 billion in 2025 at a compound annual growth rate (CAGR) of 4.6%. The growth in the historic period can be attributed to cost efficiency, quality control, housing shortages, technological advances.

The single-family modular and prefabricated housing construction market size is expected to see steady growth in the next few years. It will grow to $63.42 billion in 2029 at a compound annual growth rate (CAGR) of 4.8%. The growth in the forecast period can be attributed to sustainability and energy efficiency, customization and design flexibility, smart home integration, urbanization and compact living. Major trends in the forecast period include sustainability and green building, design and customization, technology integration, shortened construction timelines.

The substantial emphasis on cost savings plays a pivotal role in propelling the growth of the single-family modular and prefabricated housing construction market. Modular designs have the potential to significantly reduce project timelines by up to 50% and cut costs by as much as 20%. They lead to enhanced productivity and lower labor expenses associated with assembling units along a production line. A report on modular construction in Europe and the US suggests that the modular market's value in new real estate construction is poised to reach $130 billion by 2030, resulting in annual cost savings of $20 billion. Consequently, substantial cost savings are anticipated to drive the growth of the single-family modular and prefabricated housing construction market.

The increasing demand for residential housing is expected to be a driving force behind the growth of the single-family modular and prefabricated housing construction market in the years to come. Residential housing pertains to structures or buildings primarily designed for living purposes. Residential housing plays a pivotal role in shaping the development of the single-family modular and prefabricated housing construction sector, which is driven by consumer demand for affordable, sustainable, and adaptable housing solutions. For instance, in June 2023, data from the U.S. Census Bureau and the U.S. Department of Housing and Urban Development revealed that privately owned housing starts in May 2023 were occurring at a seasonally adjusted annual rate of 1,631,000, marking a 21.7% increase over the revised April 2023 estimate of 1,340,000 and a 5.7% rise over the May 2022 rate of 1,543,000. Similarly, the number of privately owned housing completions in May 2023 stood at 1,518,000 on a seasonally adjusted annual basis. This represents a 5% increase over the May 2022 rate of 1,446,000 and a 9.5% boost compared to the revised April 2023 estimate of 1,386,000. Thus, the growing demand for residential housing is a driving force behind the single-family modular and prefabricated housing construction market.

The implementation of Building Information Modeling (BIM) in modular construction is an emerging trend in the single-family modular and prefabricated housing construction market. BIM is an innovative method for designing, constructing, and managing construction models. This 3D model-based technology provides a digital representation of a building's physical and functional characteristics. It enables all stakeholders involved in the creation and lifecycle management of a built asset to share data and collaborate effectively. During the pre-construction phase, BIM offers professionals a 3D visualization of the structure, helping to identify and resolve potential conflicts in mechanical, electrical, and plumbing (MEP) systems at an early stage. For instance, in June 2023, OpenSpace, a US-based software company, collaborated with Revizto, a Switzerland-based software company, to introduce OpenSpace BIM+. This platform delivers an intuitive suite of 3D tools designed for field and virtual design and construction (VDC) teams, enhancing on-site BIM coordination to improve workflow efficiency and accelerate project completion. It allows users to compare 2D drawings with 3D models, enabling field teams to assess site conditions against the project's BIM. The design emphasizes user-friendliness, making BIM technology more accessible and promoting higher adoption rates among teams investing in these advancements.

Leading companies operating in the single-family modular and prefabricated housing construction market are actively pursuing strategic partnerships to better meet the needs of their existing customers. A strategic partnership represents a mutually beneficial business relationship established through one or more formal business agreements between two or more companies. For example, in April 2022, Clark Pacific, a US-based company specializing in prefabricated and modular building construction, joined forces with NewGen Energy Ltd. to deploy solar panels across all of its sites, thereby transitioning to nearly 100% renewable energy usage. This shift to solar energy, made possible through the collaboration with NewGen Energy, demonstrates Clark Pacific's strong commitment to creating a more sustainable future for generations to come. The partnership underscores Clark Pacific's dedication to environmental sustainability and its leadership in the green building industry. NewGen Energy Ltd. is a US-based provider of alternative energy solutions, including solar, battery storage, backup power, and other renewable energy sources.

In September 2024, ATCO Structures & Logistics Ltd. (ATCO Structures), a Canada-based company specializing in the manufacturing and sale of residential housing and space rental products, acquired NRB Modular Solutions for $40 million. This acquisition strengthens ATCO Structures' capabilities and expands its presence in the modular construction industry. NRB Modular Solutions is a Canada-based company offering modular residential building solutions.

Single-family modular and prefabricated housing construction involves the process of building, altering, repairing, improving, or demolishing residential buildings or structures designed for single-family occupancy. These structures are developed off-site using the same resources and constructed according to the same building codes and specifications as conventionally designed structures but with the advantage of significantly reduced construction time.

The primary categories of single-family modular and prefabricated housing construction encompass permanent houses and relocatable houses. Relocatable home construction involves the creation of partially or fully assembled buildings at a manufacturing facility using modular construction techniques, ensuring compliance with applicable codes and state standards. These relocatable buildings are designed to be reused or repurposed multiple times and can be relocated to new construction sites. Various materials, including steel, wood, concrete, and others, are utilized in this construction, with applications spanning residential, commercial, and industrial settings.

The single-family modular and prefabricated housing construction market research report is one of a series of new reports that provides single-family modular and prefabricated housing construction market statistics, including single-family modular and prefabricated housing construction industry global market size, regional shares, competitors with a single-family modular and prefabricated housing construction market share, detailed single-family modular and prefabricated housing construction market segments, market trends and opportunities, and any further data you may need to thrive in the single-family modular and prefabricated housing construction industry. This single-family modular and prefabricated housing construction market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Major companies operating in the single-family modular and prefabricated housing construction market include Red Sea Housing Services, Skanska AB, Bouygues Construction, ACS Actividades de Construcción y Servicios SA, Lindal Cedar Homes Inc., Kiewit Corporation, Balfour Beatty Plc., Taisei Corporation, System House R & C Co. Ltd, Larsen & Toubro Limited, Algeco Scotsman, Skyline Champion Corporation, Kirby Building Systems LLC, Butler Manufacturing, Astron Buildings, Modular Engineering, Niko Prefab Building Systems Pvt Ltd, Par-Kut International, Schulte Building Systems Inc., United Partition Systems Inc., Vardhman Pre-Engineered Building Systems, Laing O'Rourke, Palomar Modular Buildings, Guerdon Enterprises LLC, JL Modular Inc., Julius Berger Nigeria PLC, Katerra, Speed House Group of Companies, Supertech Industries LLC, Tempohousing, Cavco Industries Inc, Lendlease, Clayco, Suffolk Construction, DPR Construction, PCL Construction Enterprises, Walsh Group, BL Harbert, Level 10 Construction, Austin Commercial, James G. Davis Construction, Turner Construction Co., Clark Group, AECOM, Hensel Phelps, Holder Construction, Whiting-Turner Contracting Co., Gilbane Building Co., Structure Tone, Webcor Builders, Power Construction, Consigli Building Group, McCarthy Holdings, Hoffman Construction, Brasfield & Gorrie, Mortenson Const.

Asia-Pacific was the largest region in the single-family modular and prefabricated housing construction market in 2024. Eastern Europe is expected to be the fastest-growing region in the single-family modular and prefabricated housing construction market during the forecast period. The regions covered in the single-family modular and prefabricated housing construction market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the single-family modular and prefabricated housing construction market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The single-family modular and prefabricated housing construction market includes revenues earned by entities by residential structures, residential project construction management firms, and residential design-build firms. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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