According to the publisher, the prefabricated construction industry in Germany is expected to grow by 4.1% to reach EUR 36.87 billion in 2023.
The medium to long-term growth story in Germany remains intact. The prefabricated construction industry in Germany is expected to grow steadily over the next four quarters. The growth momentum is expected to continue over the forecast period, recording a CAGR of 3.4% during 2023-2027. The prefabricated construction output in the country is expected to reach EUR 42.21 billion by 2027.
The soaring energy prices, coupled with the housing crisis problem, are projected to drive the growth of the prefabricated construction market in Germany in 2023. The rise in construction material prices and labor shortage issues are among the other factors that are expected to support the rise of prefabricated construction activities in the European market from the short to medium-term perspective.
Amid the growing demand for prefabricated modules, construction startups are also raising funding rounds to scale their operations and launch more innovative products in the German market. This coupled with the outsourcing of prefabricated buildings to other nations will keep supporting the growth of the German prefabricated construction industry over the next three to four years.
Some players have also canceled the projects due to higher interest rates, which makes homebuilding projects less viable. The cancelation of these projects means that fewer homes are getting built in the country, thereby further exaggerating the housing crisis. Consequently, the publisher expects prefabricated housing projects to grow significantly over the next three to four years, as these residential units are built at lesser costs and at a faster rate. The undertaking of prefabricated residential construction projects, will, therefore, keep supporting the growth of the market from the short to medium-term perspective in Germany.
The factory prefabricated wall elements in the construction of the Roots Hamburg project will cover a surface of 16,200 square meters. The construction project will offer 181 residential units in total, including 128 condos and 53 state-subsidized apartments. The project is expected to be completed in 2023 and therefore, will keep supporting the growth of the prefabricated construction industry from the short to medium-term perspective. More such innovative construction projects are expected to be announced and launched over the next three to four years.
This market intelligence report provides a detailed view of market opportunities in the prefabricated building construction industry with over 100+ KPIs, covering end markets, prefabricated/precast materials, and products in Germany. This is a databook offering, which primarily provides data-centric analysis with charts and tables.
The medium to long-term growth story in Germany remains intact. The prefabricated construction industry in Germany is expected to grow steadily over the next four quarters. The growth momentum is expected to continue over the forecast period, recording a CAGR of 3.4% during 2023-2027. The prefabricated construction output in the country is expected to reach EUR 42.21 billion by 2027.
The soaring energy prices, coupled with the housing crisis problem, are projected to drive the growth of the prefabricated construction market in Germany in 2023. The rise in construction material prices and labor shortage issues are among the other factors that are expected to support the rise of prefabricated construction activities in the European market from the short to medium-term perspective.
Amid the growing demand for prefabricated modules, construction startups are also raising funding rounds to scale their operations and launch more innovative products in the German market. This coupled with the outsourcing of prefabricated buildings to other nations will keep supporting the growth of the German prefabricated construction industry over the next three to four years.
Housing crisis to drive the undertaking of prefabricated housing construction in Germany
Amid the surge in building material prices, more and more builders in the country are canceling residential projects amid the acute housing shortage. According to a report from the Institute of Economic Research, 16.7% of the firms reported the cancelation of projects in September 2022. This represents an increase of 5% compared to the 11.6% recorded during the August 2022 period.Some players have also canceled the projects due to higher interest rates, which makes homebuilding projects less viable. The cancelation of these projects means that fewer homes are getting built in the country, thereby further exaggerating the housing crisis. Consequently, the publisher expects prefabricated housing projects to grow significantly over the next three to four years, as these residential units are built at lesser costs and at a faster rate. The undertaking of prefabricated residential construction projects, will, therefore, keep supporting the growth of the market from the short to medium-term perspective in Germany.
Higher energy prices are leading to the installation of prefabricated modules to make homes more energy-efficient
Germany, along with many other European markets, is facing a severe energy crisis, which has led to a surge in prices as well. As a result, German consumers are retrofitting their homes with a layer of prefabricated modules to make their homes more energy-efficient. For firms like Ecoworks, which renovate apartment buildings with prefabricated modules, the surge in energy prices has resulted in a high-growth environment.- The firm is experiencing strong demand for its prefabricated modules as more and more landlords are renovating their residential buildings to make them more energy efficient. The demand for prefabricated modules for renovation work is driven by the shortage of construction workers and lengthy renovation processes taken by traditional methods of construction.
Hybrid construction projects are expected to provide growth support for the prefabricated construction market in Germany
In Germany, construction firms are undertaking innovative projects that include both conventional construction processes as well as usage of prefabricated modules. Roots Hamburg, for instance which is going to be the tallest timber building in Germany, is a hybrid construction project that will feature a reinforced concrete structure for the basement and ground floor, while the floor above will be built using timber.The factory prefabricated wall elements in the construction of the Roots Hamburg project will cover a surface of 16,200 square meters. The construction project will offer 181 residential units in total, including 128 condos and 53 state-subsidized apartments. The project is expected to be completed in 2023 and therefore, will keep supporting the growth of the prefabricated construction industry from the short to medium-term perspective. More such innovative construction projects are expected to be announced and launched over the next three to four years.
This market intelligence report provides a detailed view of market opportunities in the prefabricated building construction industry with over 100+ KPIs, covering end markets, prefabricated/precast materials, and products in Germany. This is a databook offering, which primarily provides data-centric analysis with charts and tables.
- End Market Dynamics: Provides a comprehensive data-centric view of size and structure, industry dynamics, and end market opportunities in the prefabricated industry in Germany
- Prefabricated Methods: Provides an in-depth analysis of industry across 3 methods- panelised construction, modular (Volumetric) construction, and hybrid (Semi-volumetric) construction in Germany.
- Prefabricated Materials: Provides demand analysis across 7 key materials such as aluminum, wood, iron & steel, concrete, glass, and other.
- Prefabricated Products: Provides demand analysis of market by 7 key products such as building superstructure, roof construction, floor construction, interior room modules, exterior walls, columns & beams, and other.
Scope
This report provides a detailed data-centric analysis of the prefabricated construction industry, covering market opportunity, and industry dynamics by prefabricated materials, methods, and products across various construction sectors. In addition, it provides market size and forecast of the prefabricated industry covering end markets along with demand analysis in Germany. With over 100 KPIs at the country level, this report provides comprehensive understanding of market dynamics at a more granular level.Germany by Building Construction Sector
- Residential
- Single-Family
- Multi Family
- Commercial
- Office
- Retail
- Hospitality
- Other
- Institutional
- Industrial
Germany by Prefabrication Methods
- Panelised construction
- Modular (Volumetric) construction
- Hybrid (Semi-volumetric) construction
Germany by Prefabricated Material
- Aluminium
- Wood
- Iron & Steel
- Concrete
- Glass
- Other
Germany by Prefabricated Product
- Building Superstructure
- Roof Construction
- Floor Construction
- Interior Room Modules
- Exterior Walls
- Columns & Beams
- Other
Germany by Prefabricated Material X Product
- Aluminium (Building Superstructure, Roof Construction, Floor Construction, Interior Room Modules, Exterior Walls, Columns & Beams, Other)
- Wood (Building Superstructure, Roof Construction, Floor Construction, Interior Room Modules, Exterior Walls, Columns & Beams, Other)
- Iron & Steel (Building Superstructure, Roof Construction, Floor Construction, Interior Room Modules, Exterior Walls, Columns & Beams, Other)
- Concrete (Building Superstructure, Roof Construction, Floor Construction, Interior Room Modules, Exterior Walls, Columns & Beams, Other)
- Glass (Building Superstructure, Roof Construction, Floor Construction, Interior Room Modules, Exterior Walls, Columns & Beams, Other)
- Other (Building Superstructure, Roof Construction, Floor Construction, Interior Room Modules, Exterior Walls, Columns & Beams, Other)
Germany by Prefabrication Product X Construction Sector
- Residential (Building Superstructure, Roof Construction, Floor Construction, Interior Room Modules, Exterior Walls, Columns & Beams, Other)
- Commercial (Building Superstructure, Roof Construction, Floor Construction, Interior Room Modules, Exterior Walls, Columns & Beams, Other)
- Industrial (Building Superstructure, Roof Construction, Floor Construction, Interior Room Modules, Exterior Walls, Columns & Beams, Other)
- Institutional (Building Superstructure, Roof Construction, Floor Construction, Interior Room Modules, Exterior Walls, Columns & Beams, Other)
Reasons to buy
- In-depth Understanding of Prefabricated/Precast Construction Market Dynamics: Understand market opportunity, industry dynamics, key trends and drivers across 50+ market segments.
- Deeper Segmentation of Prefabricated Product Analysis: Market size and forecast by prefabricated products, materials, product X materials, and product X construction sectors.
- Develop Market Specific Strategies: Identify growth segments and target specific opportunities to formulate your strategy; assess market specific key trends, drivers and risks in prefabricated/precast construction industry in Germany.
- Comparable Data: Get detailed and comparable data for the prefabricated/precast market size. The research methodology is based on industry best practices. Its unbiased analysis leverages a proprietary analytics platform to offer a detailed view on emerging business and investment market opportunities.
Table of Contents
1. About this Report
3. Germany Prefabricated Building Construction Market Dynamics by Prefabrication Methods
4. Germany Prefabricated Product Demand Analysis and Outlook
5. Germany Prefabricated Material Demand Analysis and Outlook
6. Germany Prefabricated Market Dynamics and Outlook by Construction Sector
7. Germany Residential Prefabricated Construction Market Dynamics and Outlook
8. Germany Commercial Prefabricated Construction Market Dynamics and Outlook
9. Germany Residential Construction Demand Analysis and Outlook by Prefabricated Products
10. Germany Commercial Construction Demand Analysis and Outlook by Prefabricated Products
11. Germany Industrial Construction Demand Analysis and Outlook by Prefabricated Products
12. Germany Institutional Construction Demand Analysis and Outlook by Prefabricated Products
13. Germany Prefabricated Building Superstructure Demand Analysis by Material
14. Germany Prefabricated Roof Demand Analysis by Material
15. Germany Prefabricated Floor Demand Analysis by Material
16. Germany Prefabricated Interior Room Modules Demand Analysis by Material
17. Germany Prefabricated Exterior Walls Demand Analysis by Material
18. Germany Prefabricated Columns and Beams Demand Analysis by Material
19. Further Reading
List of Figures
List of Tables
