Summary

Report Description

The Asia Pacific prefabricated construction market is poised for strong growth over the medium term. The real estate and construction sector is transforming in the Indian market. This comes as industry leaders like Larsen & Toubro and Tata Realty & Infrastructure embrace prefabrication and precast technology. In India, the adoption of prefab technology is also aided due to rising awareness and the shortage of skilled manpower.

The regional growth, however, is expected to be led by markets like China, where both the private and public sector is investing in the prefabricated construction. In Australia, too, the government is vouching for modular construction practices to solve the never-ending housing crisis problem. Overall, ConsTrack360 maintains a positive growth outlook for the Asia Pacific prefabricated construction industry over the next three to four years.

The adoption of prefabrication technology is growing rapidly in the Indian market in 2024

The real estate and construction sector is transforming in the Indian market. This comes as industry leaders like Larsen & Toubro and Tata Realty & Infrastructure embrace prefabrication and precast technology.
- Larsen & Turbo (L&T) revealed that their clients are widely accepting prefab construction technology due to faster construction time and project deliveries using off-site modular construction methods. The adoption of prefab technology is also aided due to rising awareness and the shortage of skilled manpower. L&T, in 2023, completed the construction of a 7-storey flight control system integration facility for DRDO in 45 days. The firm achieved the feet using integrated hybrid modular construction technology. The firm also delivered 96 apartments in 96 days, built with precast, for CIDCO.

In terms of homebuyer acceptance, there is an emerging interest across the nation. The adoption is expected to gain more momentum over the medium term, which will result in more project launches over the next three to four years. This will support the prefabricated construction industry growth in India from the short to medium-term perspective.
China is expected to lead the prefabricated construction market across the region in 2024

The prefabricated construction market is poised for accelerated growth in China over the next three to four years. Several new projects have been undertaken by the public and private sector, aiding the growth of the regional industry as well.
- Broad Group Holon, in January 2024, built a 26-storey apartment building in Xiangyin county, Hunan province. The apartment building is being constructed to house people hired through a special talent program in Xiangyin. Each floor of the building has eight 68-square-meter apartments and four elevators. The company is also providing furnishings for the apartments.
- The Broad Group, in 2021, built an 11-storey apartment building in Changsha, the provincial capital, in just 28 hours and 45 minutes. This impressive speed was achieved using the firm’s Holon building method, which simplifies the transportation and installation of materials. The apartments are prefabricated in a factory as modular units measuring 12 meters long, 3 meters high, and 2.4 meters wide.

Several Chinese cities have seen significant uptake in modular construction over the last 12 months. In Chongqing, the implementation of prefabricated construction was set to reach 30% in 2023, according to a report from the Chongqing Municipal Commission of Housing and Urban-Rural Development. This will position Chongqing as the leader in the adoption of modular construction techniques in the Western Chinese region. By 2025, Chongqing aims to increase the proportion of prefabricated construction to 35%, with an annual output value exceeding US$41.5 billion.

NSW Planning and Public Spaces Minister vouched for modular construction to address housing crisis

Across Australia, modular housing solutions have been trialed with great success. Many regional governments are touting prefabricated construction methods as an efficient solution to alleviate supply-side issues. The Western Australian government, in 2023, revealed that over 200 prefabricated homes were being built as part of the A$2.4 billion plan to combat homelessness. The Victorian government, in 2022, also announced an A$30.38 million plan to build 114 energy-efficient modular homes.
- NSW Planning and Public Spaces Minister Paul Scully, in January 2024, recognized modular construction as a key solution to the state's housing crisis. Currently, there are more than 50,000 people on the social housing waitlist in NSW. The minister emphasized the urgent need to build 377,000 new houses and highlighted that modular housing is faster and more efficient than traditional construction methods.

Modular construction firms, such as Fleetwood Australia, have welcomed the statement by the regional government. Firms like Fleetwood Australia are eyeing various projects under the modular construction initiatives announced by regional governments. These firms are also expanding their manufacturing capabilities to meet the rising demand for affordable homes. Fleetwood Australia, for instance, has the ability to deliver 1,500 new homes annually through its seven factories.

This market intelligence report from ConsTrack360 provides a detailed view of market opportunities in the prefabricated building construction industry at Asia Pacific and country level. With over 100+ KPIs, covering end markets, prefabricated/precast materials, and products at country level, this databook offering 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 at country level.

- Prefabricated Methods: Provides an in-depth analysis of industry across 3 methods- panelised construction, modular (Volumetric) construction, and hybrid (Semi-volumetric) construction.

- 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.

ConsTrack360’s 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.

This title from ConsTrack360 is a bundled offering, combining the following 13 reports (1053 tables and 1274 charts):

Country Report 1 - Australia Prefabricated Construction Industry Databook Series
Country Report 2 - Bangladesh Prefabricated Construction Industry Databook Series
Country Report 3 - China Prefabricated Construction Industry Databook Series
Country Report 4 - India Prefabricated Construction Industry Databook Series
Country Report 5 - Indonesia Prefabricated Construction Industry Databook Series
Country Report 6 - Malaysia Prefabricated Construction Industry Databook Series
Country Report 7 - Philippines Prefabricated Construction Industry Databook Series
Country Report 8 - Singapore Prefabricated Construction Industry Databook Series
Country Report 9 - South Korea Prefabricated Construction Industry Databook Series
Country Report 10 - Japan Prefabricated Construction Industry Databook Series
Country Report 11 - Taiwan Prefabricated Construction Industry Databook Series
Country Report 12 - Thailand Prefabricated Construction Industry Databook Series
Country Report 13 - Vietnam Prefabricated Construction Industry Databook Series

Scope

This report provides a detailed data-centric analysis of the prefabricated construction industry at Asia Pacific and country level, 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. With over 100 KPIs at the country level, this bundled offering provides comprehensive understanding of market dynamics at a more granular level.

Precast Market Size and Forecast by Building Construction Sector, 2019-2028

- Residential
- Single-Family
- Multi Family

- Commercial
- Office
- Retail
- Hospitality
- Other

- Institutional

- Industrial

Market Size and Forecast by Prefabrication Methods, 2019-2028

- Panelised construction
- Modular (Volumetric) construction
- Hybrid (Semi-volumetric) construction
by Prefabricated Material
- Aluminium
- Wood
- Iron & Steel
- Concrete
- Glass
- Other

Market Size and Forecast by Prefabricated Product, 2019-2028

- Building Superstructure
- Roof Construction
- Floor Construction
- Interior Room Modules
- Exterior Walls
- Columns & Beams
- Other

Market Size and Forecast by Prefabricated Material X Product, 2019-2028

- 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)

Market Size and Forecast by Prefabrication Product X Construction Sector, 2019-2028

- 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 at regional and country level.

- 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 the region and country.

- Comparable Data: Get detailed and comparable data for the prefabricated / precast market size. ConsTrack360’s 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.

ページTOPに戻る

Table of Contents

This title from ConsTrack360 is a bundled offering, combining the following 13 reports:

Country Report 1 - Australia Prefabricated Construction Industry Databook Series
Country Report 2 - Bangladesh Prefabricated Construction Industry Databook Series
Country Report 3 - China Prefabricated Construction Industry Databook Series
Country Report 4 - India Prefabricated Construction Industry Databook Series
Country Report 5 - Indonesia Prefabricated Construction Industry Databook Series
Country Report 6 - Malaysia Prefabricated Construction Industry Databook Series
Country Report 7 - Philippines Prefabricated Construction Industry Databook Series
Country Report 8 - Singapore Prefabricated Construction Industry Databook Series
Country Report 9 - South Korea Prefabricated Construction Industry Databook Series
Country Report 10 - Japan Prefabricated Construction Industry Databook Series
Country Report 11 - Taiwan Prefabricated Construction Industry Databook Series
Country Report 12 - Thailand Prefabricated Construction Industry Databook Series
Country Report 13 - Vietnam Prefabricated Construction Industry Databook Series

All regional, and country reports mentioned above will have the following tables of contents:

1. About this Report
1.1. Research Methodology
1.2. Definitions
1.3. Disclaimer

2. Prefabricated Construction Industry Market Size and Forecast, 2019 - 2028

3. Prefabricated Building Construction Market Dynamics by Prefabrication Methods
3.1. Market Share Trend Analysis by Type of Prefabricated Construction, 2019 - 2028
3.2. Panelised Prefabricated Construction Market Size and Forecast, 2019 - 2028
3.3. Modular (Volumetric) Prefabricated Construction Market Size and Forecast, 2019 - 2028
3.4. Hybrid Prefabricated Construction Market Size and Forecast, 2019 - 2028

4. Prefabricated Product Demand Analysis and Outlook
4.1. Market Share Trend Analysis by Prefabricated Product, 2019 - 2028
4.2. Prefabricated Building Superstructure Market Size and Forecast, 2019 - 2028
4.3. Prefabricated Roof Market Size and Forecast, 2019 - 2028
4.4. Prefabricated Floor Market Size and Forecast, 2019 - 2028
4.5. Prefabricated Interior Room Modules Market Size and Forecast, 2019 - 2028
4.6. Prefabricated Exterior Walls Market Size and Forecast, 2019 - 2028
4.7. Prefabricated Columns & Beams Market Size and Forecast, 2019 - 2028
4.8. Other Prefabricated Products Market Size and Forecast, 2019 - 2028

5. Prefabricated Material Demand Analysis and Outlook
5.1. Market Share Trend Analysis by Prefabricated Material, 2019 - 2028
5.2. Iron & Steel in Prefabricated Building Construction Market Size and Forecast, 2019 - 2028
5.3. Concrete in Prefabricated Building Construction Market Size and Forecast, 2019 - 2028
5.4. Wood in Prefabricated Building Construction Market Size and Forecast, 2019 - 2028
5.5. Aluminium in Prefabricated Building Construction Market Size and Forecast, 2019 - 2028
5.6. Glass in Prefabricated Building Construction Market Size and Forecast, 2019 - 2028
5.7. Other Material in Prefabricated Building Construction Market Size and Forecast, 2019 - 2028

6. Prefabricated Market Dynamics and Outlook by Construction Sector
6.1. Market Share Trend Analysis by Construction Sector, 2019 - 2028
6.2. Residential Prefabricated Construction Market Size and Forecast, 2019 - 2028
6.3. Commercial Prefabricated Construction Market Size and Forecast, 2019 - 2028
6.4. Industrial Prefabricated Construction Market Size and Forecast, 2019 - 2028
6.5. Institutional Prefabricated Construction Market Size and Forecast, 2019 - 2028

7. Residential Prefabricated Construction Market Dynamics and Outlook
7.1. Market Share Trend Analysis by Residential Construction Sector, 2019 - 2028
7.2. Single-Family Prefabricated Construction Market Size and Forecast, 2019 - 2028
7.3. Multi-Family Prefabricated Construction Market Size and Forecast, 2019 - 2028

8. Commercial Prefabricated Construction Market Dynamics and Outlook
8.1. Market Share Trend Analysis by Commercial Construction Sector, 2019 - 2028
8.2. Office Prefabricated Construction Market Size and Forecast, 2019 - 2028
8.3. Retail Prefabricated Construction Market Size and Forecast, 2019 - 2028
8.4. Hospitality Prefabricated Construction Market Size and Forecast, 2019 - 2028
8.5. Other Commercial Prefabricated Construction Market Size and Forecast, 2019 - 2028

9. Residential Construction Demand Analysis and Outlook by Prefabricated Products
9.1. Residential Construction Market Share Analysis by Prefabricated Products, 2019 - 2028
9.2. Building Superstructure Demand in Residential Construction Market Size and Forecast, 2019 - 2028
9.3. Roof Demand in Residential Construction Market Size and Forecast, 2019 - 2028
9.4. Floor Demand in Residential Construction Market Size and Forecast, 2019 - 2028
9.5. Interior Room Modules Demand in Residential Construction Market Size and Forecast, 2019 - 2028
9.6. Exterior Walls Demand in Residential Construction Market Size and Forecast, 2019 - 2028
9.7. Columns & Beams Demand in Residential Construction Market Size and Forecast, 2019 - 2028

10. Commercial Construction Demand Analysis and Outlook by Prefabricated Products
10.1. Commercial Construction Market Share Analysis by Prefabricated Products, 2019 - 2028
10.2. Building Superstructure Demand in Commercial Construction Market Size and Forecast, 2019 - 2028
10.3. Roof Demand in Commercial Construction Market Size and Forecast, 2019 - 2028
10.4. Floor Demand in Commercial Construction Market Size and Forecast, 2019 - 2028
10.5. Interior Room Modules Demand in Commercial Construction Market Size and Forecast, 2019 - 2028
10.6. Exterior Walls Demand in Commercial Construction Market Size and Forecast, 2019 - 2028
10.7. Columns & Beams Demand in Commercial Construction Market Size and Forecast, 2019 - 2028

11. Industrial Construction Demand Analysis and Outlook by Prefabricated Products
11.1. Industrial Construction Market Share Analysis by Prefabricated Products, 2019 - 2028
11.2. Building Superstructure Demand in Industrial Construction Market Size and Forecast, 2019 - 2028
11.3. Roof Demand in Industrial Construction Market Size and Forecast, 2019 - 2028
11.4. Floor Demand in Industrial Construction Market Size and Forecast, 2019 - 2028
11.5. Interior Room Modules Demand in Industrial Construction Market Size and Forecast, 2019 - 2028
11.6. Exterior Walls Demand in Industrial Construction Market Size and Forecast, 2019 - 2028
11.7. Columns & Beams Demand in Industrial Construction Market Size and Forecast, 2019 - 2028

12. Institutional Construction Demand Analysis and Outlook by Prefabricated Products
12.1. Institutional Construction Market Share Analysis by Prefabricated Products, 2019 - 2028
12.2. Building Superstructure Demand in Institutional Construction Market Size and Forecast, 2019 - 2028
12.3. Roof Demand in Institutional Construction Market Size and Forecast, 2019 - 2028
12.4. Floor Demand in Institutional Construction Market Size and Forecast, 2019 - 2028
12.5. Interior Room Modules Demand in Institutional Construction Market Size and Forecast, 2019 - 2028
12.6. Exterior Walls Demand in Institutional Construction Market Size and Forecast, 2019 - 2028
12.7. Columns & Beams Demand in Institutional Construction Market Size and Forecast, 2019 - 2028

13. Prefabricated Building Superstructure Demand Analysis by Material
13.1. Building Superstructure Demand Market Share Analysis by Prefabricated Material, 2019 - 2028
13.2. Building Superstructure Demand by Iron & Steel Market Size and Forecast, 2019 - 2028
13.3. Building Superstructure Demand by Concrete Market Size and Forecast, 2019 - 2028
13.4. Building Superstructure Demand by Wood Market Size and Forecast, 2019 - 2028
13.5. Building Superstructure Demand by Aluminium Market Size and Forecast, 2019 - 2028
13.6. Building Superstructure Demand by Other Materials Market Size and Forecast, 2019 - 2028

14. Prefabricated Roof Demand Analysis by Material
14.1. Roof Demand Market Share Analysis by Prefabricated Material, 2019 - 2028
14.2. Roof Demand by Iron & Steel Market Size and Forecast, 2019 - 2028
14.3. Roof Demand by Concrete Market Size and Forecast, 2019 - 2028
14.4. Roof Demand by Wood Market Size and Forecast, 2019 - 2028
14.5. Roof Demand by Aluminium Market Size and Forecast, 2019 - 2028
14.6. Roof Demand by Glass Market Size and Forecast, 2019 - 2028
14.7. Roof Demand by Other Materials Market Size and Forecast, 2019 - 2028

15. Prefabricated Floor Demand Analysis by Material
15.1. Floor Demand Market Share Analysis by Prefabricated Material, 2019 - 2028
15.2. Floor Demand by Iron & Steel Market Size and Forecast, 2019 - 2028
15.3. Floor Demand by Concrete Market Size and Forecast, 2019 - 2028
15.4. Floor Demand by Glass Market Size and Forecast, 2019 - 2028

16. Prefabricated Interior Room Modules Demand Analysis by Material
16.1. Interior Room Modules Demand Market Share Analysis by Prefabricated Material, 2019 - 2028
16.2. Interior Room Modules Demand by Iron & Steel Market Size and Forecast, 2019 - 2028
16.3. Interior Room Modules Demand by Concrete Market Size and Forecast, 2019 - 2028
16.4. Interior Room Modules Demand by Wood Market Size and Forecast, 2019 - 2028
16.5. Interior Room Modules Demand by Aluminium Market Size and Forecast, 2019 - 2028
16.6. Interior Room Modules Demand by Glass Market Size and Forecast, 2019 - 2028
16.7. Interior Room Modules Demand by Other Materials Market Size and Forecast, 2019 - 2028

17. Prefabricated Exterior Walls Demand Analysis by Material
17.1. Exterior Walls Demand Market Share Analysis by Prefabricated Material, 2019 - 2028
17.2. Exterior Walls Demand by Iron & Steel Market Size and Forecast, 2019 - 2028
17.3. Exterior Walls Demand by Concrete Market Size and Forecast, 2019 - 2028
17.4. Exterior Walls Demand by Wood Market Size and Forecast, 2019 - 2028
17.5. Exterior Walls Demand by Aluminium Market Size and Forecast, 2019 - 2028
17.6. Exterior Walls Demand by Glass Market Size and Forecast, 2019 - 2028
17.7. Exterior Walls Demand by Other Materials Market Size and Forecast, 2019 - 2028

18. Prefabricated Columns and Beams Demand Analysis by Material
18.1. Columns and Beams Demand Market Share Analysis by Prefabricated Material, 2019 - 2028
18.2. Columns and Beams Demand by Iron & Steel Market Size and Forecast, 2019 - 2028
18.3. Columns and Beams Demand by Concrete Market Size and Forecast, 2019 - 2028
18.4. Columns and Beams Demand by Wood Market Size and Forecast, 2019 - 2028
18.5. Columns and Beams Demand by Aluminium Market Size and Forecast, 2019 - 2028

19. Further Reading
19.1. About ConsTrack360
19.2. Related Research
19.3. ConsTrack360 Knowledge Center

ページTOPに戻る

List of Tables/Graphs