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(IT-NEWSWIRE.COM, April 24, 2024 ) The total global market for the “Prefabricated Homes Market” was valued at USD 17.5 Bn in 2023 and is expected to grow at a CAGR of 6.19 percent over the forecast period to reach USD 26.65 Bn by 2030.
Prefabricated Homes Market Report Scope and Research Methodology
The Prefabricated Homes Market report presents a qualitative and quantitative analysis of market size, price, demand, mergers and acquisitions, supply chain, investment, other key aspects, and predictions. The Bottom approach was used to estimate the market size.
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Prefabricated Homes Market Dynamics
Prefabricated homes is constructed much faster than traditional homes since they are built in a controlled factory environment. This rapid construction timeline appeals to homeowners who want to move in quickly or developers aiming to expedite projects. This is the key driver of the Prefabricated Homes Market growth.
Prefabricated Homes Market Regional Insights
The Asia Pacific region's surge in prefabricated homes is driven by urbanization, government support for housing and infrastructure, and technological advancements. China leads with a $8.2 billion investment in 2021, followed by South Korea, Japan, and Australia. Governments offer incentives, streamline regulations, and fund R&D to boost the industry. With over 50% market share, China dominates due to its large population, urbanization, industrial base, skilled labor, and technology.
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Prefabricated Homes Market Segmentation
By Product
Panel Systems
Skeleton Systems
Cellure Systems
By Component
Metal
Non-Metal
Passive Yaw Systems
By End Use
Industrial
Residential
Commercial
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Prefabricated Homes Key Players include:
Thomasnet
Clayton Homes
Champion Homes
Champion Homes
Katerra
Blu Homes
Lloyoll
Nelson-homes
Dwell
Maximize Market Research is leading Consumer goods and services research firm, has also published the following reports:
Home Bedding Market - The Market size is expected to reach USD 171.04 Bn by 2030 at a CAGR of 7.4 percent during the forecast period.
Smart Garage Door Controller Market -The Market size is expected to reach USD 2.2 Bn by 2029 at a CAGR of 11.9 percent during the forecast period.
About Maximize Market Research:
Maximize Market Research provides B2B and B2C research on 6,500 high-growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and defense and other manufacturing sectors.
MAXIMIZE MARKET RESEARCH PVT. LTD.
L Godage
09607365656
akash.r@maximizemarketresearch.com
Source: EmailWire.Com
Source: EmailWire.com
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