World Nonresidential Prefabricated Building Systems Market to Reach US$45 Billion by 2010, According to New Report by Global Industry Analysts

Share Article

Driven by the rise in industrial and commercial construction activity, and the waxing popularity of prefabricated building systems as a modern form of architecture as against on-site construction, the world nonresidential prefabricated building systems market is projected to go beyond US$45 billion mark by the year 2010. The need for faster completion of construction project schedules, faster occupancy of the building, and prompt returns on investment, are all expected to drive the market's growth, and future sustenance.

Nonresidential Prefabricated Building Systems: A Global Strategic Business Report

World nonresidential prefabricated building systems market stands enthused by the technology's evolving diversity in end-use applications, led primarily by the growing awareness of this type of architecture among both architects and consumers alike. Major market drivers, include, among the many, the demand for quality-engineered buildings, superior architectural finishes, reduced capital costs, reduced material wastages, quicker installation, commissioning and on time completion. Being essentially volumetric in style, growth in this industry stems largely from high volume purchases of buildings As stated by the recent report published by Global Industry Analysts, Inc., metal building systems represents the largest product market, with revenues in this category projected to grow at a CAGR of about 4% over the period 2000-2010. The United States accounts for a share of approximately 33% of the global metal building systems market, estimated for the year 2007. Japan and Europe together corner a share of nearly 47% of the modular buildings market estimated for the year 2007. In Europe, panelized precast concrete systems market is estimated at US$1.8 billion for 2007.

Leading global, and regional players operating in the industry include Alan Pre-Fab Building Corp., Algeco SA, Allied Modular Building Systems Inc., ALHO Systembau GmbH, Brytex Building Systems, Cadolto Fertiggebaude GmbH & Co. KG, Caledonian Building Systems Ltd., Consolis Service Co SA NV, Modtech Holdings Inc, United Structures of America Inc., Yves Cougnaud, and Inland Buildings Corp. among others.

The report titled "Nonresidential Prefabricated Building Systems: A Global Strategic Business Report" published by Global Industry Analysts, Inc., provides a comprehensive review of market trends, drivers, issues, and challenges. Richly annotated with authoritative, and unbiased commentaries, and hard-to-find statistical facts, the report provides unequivocal views on future potential while throwing light on the prevailing climate in key product segments. Product markets analyzed in the report include Metal Building Systems, Modular Buildings, and Panelized Precast Concrete Systems. Latent demand patterns in all product markets are quantified across major geographic market verticals including the United States, Canada, Japan, France, Germany, United Kingdom, Italy, Spain, and Russia, among others. Also provided in the report is an enumeration of recent mergers, acquisitions, and other strategic industry activities.

For more details about this research report, please visit
http://www.strategyr.com/Nonresidential_Prefabricated_Building_Systems_Market_Report.asp    

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world's largest market research publishers. The company employs more than 700 people worldwide and publishes more than 880 full-scale research reports each year. Additionally, the company also offers a range of more than 60,000 smaller research products including company reports, market trend reports and industry reports encompassing all major industries worldwide.

Global Industry Analysts, Inc.
Telephone 408-528-9966
Fax 408-528-9977
Email press@StrategyR.com
Web Site http://www.StrategyR.com

###

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Public Relations
Visit website