Global players are expanding their presence in European markets to cater to the growing demand.

DUBLIN, May 11, 2023 (GLOBE NEWSWIRE) — The “European Prefabricated Construction Industry Business and Investment Opportunities Factbook – 100+ KPIs, Market Size and Forecast by End Markets, Pre-Sold Products and Pre-Transfer Materials – Q1 2023 Update” has been reported. . Added ResearchAndMarkets.com’s Providing.

This market intelligence report provides a detailed overview of market opportunities in the building construction industry at a European and country level. With more than 100+ KPIs, covering end markets, composites and products at country level, this factbook is primarily data-centric with charts and tables.

The European construction industry is poised for strong growth over the next three to four years. Driven by the housing crisis and the need for affordable units, prefabricated construction methods are seen as the right solution in Europe. This has led many companies to increase their production capacity and enter into strategic alliances to increase their capacity in Europe.

In addition, prefabricated construction startups are raising funding in Europe. While the industry is expected to record strong growth in the short to medium term, international players are also expanding their footprint in the European market. This is projected to drive the competitive landscape in the European prefabricated construction industry over the next three to four years.

Europe’s largest prefabricated housing facility is being built in the UK.

There is a strong demand for housing in the UK and other markets in Europe. Companies are investing in facilities to meet the growing demand for affordable housing in the region. For example, TopHat is building the largest range of prefabricated houses in the UK.

Expected to be completed by 2023, the facility will have the capacity to produce 4,000 homes annually. This will make it the largest modular housing factory in Europe. The company has a facility in Derby with the capacity to deliver 800 homes a year.

The story continues

Along with TopHat, other players in the UK market such as Ilke Homes and Legal and General Modular Homes are also expanding their manufacturing capacity. Law & General Modular Homes, for example, formed a strategic alliance with affordable housing provider Vivid in December 2022. As part of the partnership, the firm aims to produce 1,000 prefabricated homes in the UK each year.

These players are expected to expand their capacity and invest in the new factory to increase the supply of prefabricated houses in the UK and other European markets in the short to medium term.

Firms are raising funds to boost their pre-construction operations in Europe.

Due to the energy crisis being faced in Europe, the demand for integrated modules has increased in the region. For example, in Germany, more and more landlords are renovating their homes with modules designed to make them more energy efficient. As demand for prefabricated modules and construction continues to grow, organizations are stepping up funding.

For example, EcoWorks has raised 7.7 million euros to expand its operations and produce more new products by June 2022. German companies have retrofitted old buildings with prefabricated modules, making homes more energy efficient. Demand for the product is forecast to grow significantly in the short to medium term as Germans struggle with rising inflation and energy costs.

In December 2022, Elk Homes announced that the company had raised £100 million in a new funding round. The firm plans to use the capital to expand operations and build a new manufacturing facility to meet the growing demand for prefabricated and affordable homes in the UK. TDR Capital, Sun Capital and Citigroup all participated in the capital round.

From a short to medium-term perspective, the publisher expects such modular home suppliers to increase funding in European markets, thereby reshaping the competitive landscape in the established industry.

Global players are expanding their presence in European markets to take advantage of the growing demand.

As the pre-built industry is set to witness strong growth over the next five years, global players are looking to expand their geographic footprint by launching operations in European markets such as the UK.

For example, volumetric building companies are targeting the prefab market in the UK. Based in the United States, the modular construction company targets affordable housing, rental construction, student accommodation and residential housing in Europe. The company expanded into the UK market by acquiring the failed US module developer Catera. It has also merged with a Polish manufacturer in 2022 to expand its reach in the European market.

Before expanding its presence in Western Europe, the company wants to have a strong pipeline of affordable housing, build-to-rent, student accommodation and residential properties. From a short to medium-term perspective, the publisher expects many international players to expand their geographic presence by starting operations in the European market.

One package offering: 13 country reports

• Austria prefabricated construction industry information book series

• Belgium prefabricated construction industry information book series

• Finnish prefabricated construction industry information book series

• French prefabricated construction industry information book series

• Germany prefabricated construction industry information book series

• Greece Prefabricated Construction Industry Factbook Series

• Italy prefabricated construction industry information book series

• The Netherlands Prefabricated Construction Industry Factbook Series

• Polish prefabricated construction industry information book series

• Russian prefabricated construction industry information book series

• Spanish prefabricated construction industry information book series

• Swiss prefabricated construction industry information book series

• United Kingdom Prefabricated Construction Industry Factbook Series

size for each country

Estimated Market Size and Forecast in the Construction Sector, 2018-2027

• Residence

• Single-family

• Multifamily

• Business

• Office

• Retail

• Hospitality

• other

• Institutional

• Industrial

Pretreatment Methods Market Size and Forecast, 2018-2027

with pre-prepared material

• Aluminum

• Wood

• Iron and steel

• Concrete

• Glass

• other

Market Size and Forecast by Prepared Product, 2018-2027

• Superstructure construction

• Roof construction

• Floor construction

• Interior modules

• External walls

• Columns and beams

• other

Market Size and Forecast by Prefabricated Material X Product, 2018-2027

• Aluminum (building superstructure, roof construction, floor construction, interior modules, exterior walls, columns and beams, other)

• Timber (building superstructure, roof construction, floor construction, interior modules, exterior walls, columns and beams, other)

• Iron and steel (building superstructure, roof construction, floor construction, interior modules, exterior walls, columns and beams, other)

• Concrete (building superstructure, roof construction, floor construction, interior modules, exterior walls, columns and beams, other)

• Glass (building superstructure, roof construction, floor construction, interior modules, exterior walls, columns and beams, other)

• Other (building superstructure, roof construction, floor construction, interior modules, exterior walls, columns and beams, other)

Market Size and Forecast in the Prefabricated Product X Construction Sector, 2018-2027

• Residential (building superstructure, roof construction, floor construction, interior modules, exterior walls, columns and beams, other)

• Commercial (building superstructure, roof construction, floor construction, interior modules, exterior walls, columns and beams, other)

• Industrial (building superstructure, roof construction, floor construction, interior modules, exterior walls, columns and beams, other)

• Institutional (building superstructure, roof construction, floor construction, interior modules, exterior walls, columns and beams, other)

For more information about this report, visit https://www.researchandmarkets.com/r/wdb18z

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