"Catapult Your Business to Fore, Gain Competitive Advantage "

房间各单元模块市场规模,欧洲& COVID分享-19 Impact Analysis, By Material (Wood, Cross Laminated Timber, Steel Frame, Concrete & Others), By Application (Residential & Non-Residential), and Country Forecast, 2020-2027

Region : Europe | Format: PDF | Report ID: FBI104356

KEY MARKET INSIGHTS

Play Audio Listen to Audio Version

The Europe room cell module market size was USD 9.33 billion in 2019 and is projected to reach USD 13.79 billion by 2027, exhibiting a CAGR of 5.1% during the forecast period.

COVID-19 Cover

This report covers COVID-19 impact analysis on Europe Room Cell Module Market

Request Sample

Room cell modules are showcasing an increasing demand attributed to its surging usage in various non-residential sectors. Economies such as Germany, Italy, Austria, the Netherlands, and Switzerland have a huge demand for modular buildings in the healthcare, public, manufacturing, and educational sectors. These sectors are offering strong opportunities to Europe room cell module manufacturers, thereby boosting the market growth. Additionally, the evolving government initiatives to reduce construction waste and promote green buildings is set to drive the Europe market growth.


COVID-19 Pandemic: Halt of Manufacturing Activities & Exports to Restrain Growth


The recent emergence of the COVID-19 pandemic has increased market uncertainty and volatility. It is leading to the complete production shutdown imposed by India, China, the U.S., Italy, Israel, the U.K., and other countries that are significantly affecting the business behaviors. The volatility in the stock market around the world has had an adverse impact on stock prices and trading volumes for manufacturers.


Moreover, trade volumes are expected to fall steeper in sectors with complex value chains, particularly in fixtures, fittings, and plumbing products, which are pre-installed in modular while conducting construction activities. This would result in a significant decline in new residential and non-residential construction activities. It is set to further shrink the demand for room cell modules.


Furthermore, countries in the EU are considered as major contributors and exporters for domestic construction products, which includes prefabricated wooden buildings, French windows, tiles, flagstones bricks, ready mix concrete, and more. The disruption caused by European countries is creating a negative impact on domestic and overseas sales.


LATEST TRENDS


Request a Free sampleto learn more about this report.


Adoption of Innovative Approaches and Techniques is a Vital Trend


Nowadays, room cell modules are preferred in a variety of high-end residential and commercial construction projects. The leading construction companies are focusing on modular buildings and prefabricated buildings. Currently, these are gaining more popularity in Europe than in any other region across the globe. The concepts of lean manufacturing and standardized project management are gaining traction in the construction industry.


Moreover, the suppliers of the modules are tending towards adopting lean manufacturing techniques as they include the overall production process stages (i.e. design, manufacturing, transportation, assemble on-site and supply chain) and can improve the operational performance, identify & evaluate process improvement measures, and improve the overall construction workflow.


DRIVING FACTORS


Adoption of Model-driven Prefabrication & Green Building Modules to Drive Growth


The usage of Building Information Modeling (BIM) by industry professionals is set to boost the level of integration of model-driven prefabrication processes over the forecast period. A few primary reasons for manufacturers to opt for model-driven prefabrication are its cost-effectiveness, ability to reduce construction time, and improve project quality. Remarkably, prefabrication and room cell module manufacturers are more likely to use BIM to prefabricate the building elements and components off-site. It is expected to drive market growth dramatically in the near future.


Moreover, the application of prefabrication units aids in meeting the green construction goals and is expected to grow during the forecast period. Besides, factors, such as reduced operational energy, lower material waste, reduced disruption, and a safer working environment to neighboring communities, are expected to propel the demand for room cell modules.


RESTRAINING FACTORS


Rising Off-site Manufacturing Investments & Financial Crisis to Hinder Growth


The room cell module industry comprises modules that are manufactured in the factory and are designed for transporting them from the factory to the site. These modules are then assembled on the site of the customer. Room cell module is all about off-site manufacturing that involves huge investments, but has long term returns, enabling a stable market growth.


Furthermore, the ongoing COVID-19 pandemic has caused huge disruptions in the market. According to the European Commission, the sum of persons employed in the construction sector in Spain, Italy, France, Germany, and the United Kingdom cumulatively accounted for 61% of the total workforce of the EU construction sector. The adverse impact of such prolonged restrictions has delayed the ongoing construction projects further resulting in the economic slowdown and high unemployment rate.


SEGMENTATION


By Material Analysis


To know how our report can help streamline your business,Speak to Analyst


Steel Frame Segment to Dominate Stoked by Their Possession of Beneficial Properties


Based on the material, the Europe room cell module market is segmented into wood, cross-laminated timber, steel frame, concrete, & others.


The steel frame segment has the dominant market share and is set to exhibit the highest CAGR during the forecast period. Steel frames are the most procured materials byroom cell modulemanufacturers. This is owing to the high tensile strength with affordability, ductility, and lightweight of the steel skeleton.


The cross-laminated timber (CLT) and wood segments are projected to showcase a progressive growth rate in the coming years. Both are mainly preferred as structural and prefabricated materials. They are considered to be a good building material with excellent soundproofing. Hence, they are expected to generate significant shares of the market. Apart from that, concrete is used for building a strong surface base that can withstand the heavyweight of multi-story structures appropriately.


By Application Analysis


Non-residential Segment to Lead Backed by Rising Number of Hotels in Developing Countries


基于应用程序,欧洲室细胞国防部ule market is segmented into residential & non-residential.


The non-residential segment has showcased significant growth over the past few years and is expected to hold the dominant share of the market. The growth is attributable to the rising number of hotels and other start-ups in the developing economies. It is resulting in the high demand for non-residential room cell modules. Additionally, the ongoing pandemic is creating a high demand for relocatable modules from the healthcare sector, which, in turn, is projected to continue in the coming years. On the other hand, the residential segment is expected to exhibit steady growth in the near future backed by the financial burden and the declining GDP of various countries.


REGIONAL INSIGHTS


Based on regions, the market is categorized into Nordics, Great Britain, France, DACH, Benelux, Italy, Spain, Portugal, and the rest of Europe.


European countries, namely, Great Britain, France, DACH, and Nordics are opting for these modules as it offers sustainable relocatable facilities that are cost-effective. At the same time, it provides prefabricated multi-story structures for residential and non-residential applications. The DACH region holds the highest market share due to the emergence of small and medium enterprises that offer efficient room cell module facilities. Also, the rising number of room cell module projects across Germany is set to accelerate growth.


上述趋势followed by Great Britain, Nordics, France, and Benelux, in order to optimize the traditional construction methods and to offer flexible prefabricated modules. Besides, the growing initiatives by governments for developing eco-friendly housing projects are resulting in the continuous demand for room cell modules. This is further compelling the manufacturers to implement innovative model-driven and green building processes to increase construction. It is expected to augment the market growth.


KEY INDUSTRY PLAYERS


Market Leaders are Focusing on New Product Developments to Intensify Competition


Key players including Wernick Group, Lechner Group GmbH, Max Bögl Bauservice GmbH & Co.KG, Kaufmann Bausysteme GmbH, and Ausco Modular are currently dominating the Europe room cell module market with ~38-43% share.


The share of these players is owing to their prevailing presence in themodular constructionindustry, along with their unique product offerings and innovative construction approaches. End-users are inclining towards venturing with these companies in order to get paramount service and infrastructure. Also, modular construction is done by those organizations with high infrastructure spending capacity. Thus, they are preferring to tender the project to the prominent players.


LIST OF KEY COMPANIES PROFILED IN THIS REPORT:



  • Kaufmann Bausysteme GmbH (Austria)

  • Max Bögl Bauservice GmbH & Co.KG (Germany)

  • Ramtech Building Systems, Inc. (United States)

  • Lechner Group GmbH (Germany)

  • Modular Genius (United States)

  • Northgate Industries Ltd. (Canada)

  • Ausco Modular (Australia)

  • ISB Industries (Italy)

  • Wernick Group(United Kingdom)


REPORT COVERAGE:


An Infographic Representation of Europe Room Cell Module Market

To get information on various segments,share your queries with us



The report provides an in-depth analysis of the market dynamics and competitive landscape. It offers various key insights including recent industry developments in the market, such as mergers & acquisitions, macro, and microeconomic factors, SWOT analysis, and company profiles.


KEY INDUSTRY DEVELOPMENTS



  • April 2020:Ausco模块化收到协议构造一个模块ar facility to replace the clubrooms that got wiped off because of the ferocious Ravine fire in January. The new facility would be equipped with unisex compliant change rooms, a large social room for community events, storage space, and public amenities.

  • 2019年11月:Wernick Group was appointed to deliver a two-story building modular teaching facility at Swansea University, United Kingdom. The company utilizes the latest modular system –Swiftplan to ensure building efficiency.


Report Scope & Segmentation








































ATTRIBUTE



DETAILS



Study Period



2016-2027



Base Year



2019



Forecast Period



2020-2027



Historical Period



2016-2018



Unit



Value (USD billion)



Segmentation



By Material



  • Wood

  • Cross Laminated Timber

  • Steel Frame

  • Concrete

  • Others (Glass, etc.)



By Application



  • Residential

  • Non-Residential



By Country



  • Nordics

  • Great Britain

  • France

  • DACH

  • Benelux

  • Italy

  • Spain

  • Portugal

  • Rest of Europe



Frequently Asked Questions

As per Fortune Business Insights, the Europe market value stood at USD 9.33 billion in 2019.

By 2027, the Europe market value is expected to reach USD 13.79 billion.

The market is projected to grow at a CAGR of 5.1% during the forecast period (2020-2027).

DACH held a dominant market share of USD 1.92 billion in 2019.

In terms of material, the steel frame segment is expected to lead the market during the forecast period.

The adoption of model-driven prefabrication & green building modules is a key market driver.

Wernick Group, Lechner Group GmbH, Max Bogl Bauservice GmbH & Co.KG, Kaufmann Bausysteme GmbH, and Ausco Modular are the major players in the market.

In terms of application, the non-residential segment is expected to drive the market.

The major players in the market constitute ~38% - 43% of the market, which is majorly owed to their brand name and presence in multiple regions.

Seeking Comprehensive Intelligence on Different Markets?
Get in Touch with Our Experts

Speak to an Expert
Europe Room Cell Module Market  Size, Share and Global Industry Trend Forecast till 2026
  • Nov, 2020
  • 2019
  • 2016-2018
  • 120

    CHOOSE LICENSE TYPE

  • 3850
    5850
    7850

Personalize this Research

  • Granular Research on Specified Regions or Segments
  • Companies Profiled based on User Requirement
  • Broader Insights Pertaining to a Specific Segment or Region
  • Breaking Down Competitive Landscape as per Your Requirement
  • Other Specific Requirement on Customization
Request Customization Banner

Machinery & Equipment Clients

Sandvik_Logo
Yamaha-Motor
Atlas_Copco_logo
Yokogawa_logo
CJ_logo

Client Testimonials

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies .More info.
X