India Prefabricated Buildings Market, By Size (Single Family, Multiple Family), By Structure (Skeleton System, Panel System, Cellular System, Combined System), By Application (Residential, Commercial, Industrial), By Region, Competition Forecast & Opportunities, 2024-2032

Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Infrastructure | Format: Report available in PDF / Excel Format

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India Prefabricated Buildings Market, By Size (Single Family, Multiple Family), By Structure (Skeleton System, Panel System, Cellular System, Combined System), By Application (Residential, Commercial, Industrial), By Region, Competition Forecast & Opportunities, 2024-2032

Forecast Period2024-2028
Market Size (2022)USD 2.7 Billion
CAGR (2023-2028)USD 5.42 Billion
Market Size (2028)12.32%
Fastest Growing SegmentCommercial
Largest MarketWest India

MIR Infrastructure

India will need 50 million houses by 2022, and there are more than 90 proposed smart cities. Industry analysts predict that prefabricated housing and off-site building will be essential to accomplishing such large targets in such a short period of time.

Government Initiatives in the Infrastructure and Construction Sector

Precast Concrete Holds Largest Share in the Market

Transportation Issues Associated with Prefabricated Building Systems

Prefabricated construction is now regarded as a rapid, environment-friendly, and economical method of construction. While prefabricated towers and skyscrapers have recently become popular for bigger projects, this technique has historically been more frequently employed for modest residential buildings. Prefabricated pieces need to be put together at the facility before being brought to the site to be put together. This procedure comes with a number of dangers, including delayed or damaged deliveries, high transportation costs, and more. Prefabricated building solutions that are designed for performance may appear ideal in theory, but they lack customization and attention to detail. By producing items off-site rather than on-site, a separation develops between the architect and the manufacturer. Furthermore, any inexpensive substitute would put the need for prefabricated building technology in jeopardy. Therefore, the prefabricated building systems' transportation-related problems might limit market expansion throughout the forecast period.

Market Segmentation


MIR Segment1

Market Players

Attribute

Details

Base Year

2023

Historic Data

2024-2032 – 2022

Estimated Year

2024

Forecast Period

2025 – 2029

Quantitative Units

Revenue in USD Million and CAGR for 2024-2032-2023 and 2024-2029

Report Coverage

Revenue forecast, company share, growth factors, and trends

Segments Covered

Size

Structure

Application

Region

Regional scope

North India, South India, West India, and East India

Key companies profiled

Everest Industries Limited, Satec Envir Engineering (India) Private Limited, E-PACK Polymers Pvt. Ltd, Speed 4 Prefab Solutions Pvt. Ltd, Balarka Fabricon Private Limited, Loom Crafts Shade Systems Pvt Ltd ,, ASS Engineers India Pvt. Ltd, Primex Building Systems Pvt. Ltd, Champion Infratech Pvt. Ltd. and Interarch Building Products Pvt Ltd.

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