Prefabricated Buildings Market Size By Applications, Types, New Technology - Opportunity Analysis And Forecast: 2020 – 2027
Market Analysis The global prefabricated buildings market will touch USD 161.9 billion at a 6.85% CAGR by 2030 states the latest Market Research Future (MRFR) report. Drivers Increasing Use of Prefabricated Components to Boost Market Growth The increasing use of prefabricated components in the construction sector for time constraints and cost benefits will boost market growth in the forecast period. Opportunities Growing Awareness of Construction Wastage on Environment to offer Robust Opportunities The growing awareness about construction wastage on the environment have driven people across the globe to choose the concept of green buildings that will offer robust opportunities for the market especially in developed regions over the forecast period. Restraints and Challenges Durability Issues to act as Market Restraints Durability issues coupled with lack of proper financing options for prefabricated living spaces may...