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Impact of Existing and Emerging Prefabricated Building System Market Trends And Forecast 2015-2025

Press Release   •   Jan 22, 2017 22:55 EST

Prefabricated systems or structures are frames, modular structures, or assembly of parts and components which are used in construction industry. Types of pre-fabricated systems include skeleton systems, panel systems, cellular systems, and combined systems. Skeleton systems include structural elements such as columns, beams, and roofing elements. Panel systems include wall or flexible partition elements, cellular systems include three dimensional structures, whereas combined systems include combination of aforementioned system types. These systems are designed based on load bearing requirements and applications such as residential, commercial, or industrial. Various types of materials used for manufacturing of these systems include wooden panels, metal panels, composites, plastics, glass, and other reinforced plastics.

Global Prefabricated Building System Market: Drivers & Restraints

Some of the underlying drivers for the industry are identified as rising number of corporate offices or special economic zones, urbanization trend, rapid industrialization, developing infrastructure prospects in Asian region, and increasing real estate investments across the globe. The growth of prefabricated building system market is expected to be in-line with development of real estate and housing sector across the globe with high growth potential expected to come from Asia-Pacific and GCC region.

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Global Prefabricated Building System Market: Segmentation

On the basis of dimensions, the global prefabricated building system market is segmented as,

  • Skeleton system
  • Panel System
  • Cellular System
  • Combined System

On the basis of application,the global prefabricated building system market is segmented into:

  • Residential
  • Commercial
  • Industrial

On the basis of weight,the global prefabricated building system market is segmented into:

  • Light Weight (less than 2 tons)
  • Heavy Weight (more than 2 tons)

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Global Prefabricrated Building SystemMarket: Key Players

Major players over the global prefabricated building system market include Algeco Scotsman, Modern Prefab Systems Pvt. Ltd., Ritz-Craft Corporation, Inc., Lindal Cedar Homes, Inc., and Champion Home Builders, Inc.

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