Prefabricated buildings can also be termed as a prefab homes, it is a building which constructed using prefabrication technology. It is comprised of factory-made modular building structures, frames or units that are assembled on-site to build the complete building. For constructing prefabricated building system several of materials are used such as: glass, wood, fiber, steel and composites. Chattel house and kit house can be considered as an example of prefabricated buildings.
Prefabricated building can be segmented on the basis of product type such as skeleton systems, panel systems, combined systems, or cellular systems. Features like high strength, low weight and volume are expected to increase the market share of skeleton system during the forecast period. Currently global market for refabricating building system exploring market trends such as new material and fabrication technologies to make these prefab homes lighter, easier to assemble.
This report is segmented into major regions and imparts a detailed analysis of each region such as: North America, Europe, Asia-Pacific (APAC), and Rest of the World (RoW) covering all the major country level market in each of the region. The report also imparts an outlook on segments of market determined on the basis of application which includes industrial, commercial, and residential. Asia-Pacific held the highest share and is expected to witness same extensive growth during the forecast year due to high demand from residential sector in India, Japan and China. This report provides an analysis on the prefabricated building systems market size for the forecast year.
Research interviews were conducted with senior executives and/or mangers from this Industry. These Key Opinion Leaders were then imparted a questionnaire to gain quantitative and qualitative ideas on their performance, strategies and views on the overall market, which is consisted of developments, market prices, market value and technology trends. The global market was split by product types and geography based on different factors like primary and secondary sources, understanding of the number of companies operating in each segment and KOL insights.
We have used various secondary sources such as directories, articles, white papers, newsletters, annual reports and paid databases such as OneSource, Hoovers and Factiva to identify and collect information for extensive technical and commercial study.
The market has then been forecast according to the market trend shown by the sales of major players and keeping in view the new developments.
The key players in the market and its value chain were identified through secondary research and their market opinions were also gathered in a similar way through telephonic interviews and questionnaires. We have also studied the annual reports of these top market players. Interviews with key opinion leaders such as directors, managers, and marketing personnel were used extensively in understanding the need and emergence of this market. We also have extensive database of contacts which were used to conduct primary interviews and to get their inputs using questionnaires.