Room Cell Module Market Size to Reach USD 46.17 billion by 2027; Exhibition of Ramtech’s Relocatable Modular School Buildings to Foster Growth

The global room cell module market size is expected to reach USD 46.17 billion by 2027. The growing inclination towards a greener and efficient construction technique will spur opportunities for the market during the forecast period, mentioned in a report, titled “Room Cell Module Market Size, Share & COVID-19 Impact Analysis, By Material (Wood, Cross Laminated Timber, Steel Frame, Concrete and Others), By Application (Residential, and Non-Residential), and Regional Forecast, 2020-2027”  the market size stood at USD 30.93 billion in 2019 and is expected to exhibit a CAGR of 5.2% between 2020 to 2027.

Partnership between VIM and Skender to Promote Business Proceedings

VIM, a leader in virtual information modeling and a provider of t efficient 3D format for building design data singed a partnership agreement with Skender, a pioneer of Lean construction and modular manufacturing to implement VIM’s software in Skender’s modular manufacturing facility. The platform of VIM will provide 3D, virtual, and augmented reality (VR and AR) building models will help Skender clients visualize their modular buildings and make informed design decisions before manufacturing and construction begins. It will also help in a complete palette of design options, including materials, finishes, and systems, thus helping clients experience their building on the city street. Furthermore, Ramtech Building Systems of Mansfield, a Design-build construction firm announced that it will be exhibiting its relocatable modular school buildings and two types of permanent modular construction for education facilities in booth 878 at the 2019 TASA. TASB Convention was held at the Kay Bailey Hutchison Convention Center on September 20-22 in Dallas, Texas. The txEd CON19 conference is expected to draw more than 5,000 attendees from public school districts across the state, including 4,000 school board members and their guests, and over 1,000 school administrators including superintendents, associate superintendent, and other key school district personnel.

To get a detailed report summary and research scope of this market, click here:

https://www.fortunebusinessinsights.com/room-cell-module-market-103366

Rising Emphasis on Model-Driven Prefabrication & Green Building Module to Favor Market

The growing acceptance of Building Information Modeling (BIM) by industry professionals will simultaneously fuel the demand for the model-driven prefabrication process during the forecast period. The implementation of prefabrication modules to cater to the green building goals will promote the growth of the market. The growing cognizance about the benefits of green building modules such as the reduction in material waste, reduced operational energy, safer working environment, and less disruption to surrounding community and building site claims for sustainability will further create enormous opportunities for the market in the forthcoming years.

Agreement of VONOVIA and Max Bögl Bauservice will Reinforce Market Position

The major key players are focusing on strategies such as partnerships and collaborations to cater to their large customer base and also consolidate the market position. For instance, VONOVIA collaborated with Max Bögl Bauservice GmbH & Co.KG to construct a modular residential building named as ‘Amschwarzen Steg’ in Bayreuth, Germany. Further, companies are fixed on improving their manufacturing processes and sites to meet the rising need for room modules. For instance, Kaufmann Bausysteme GmbH bought production and storage halls for wooden units in Kalwang due to the increased orders of room module construction.

The Report Lists the Main Companies in the Room Cell Module Market:

• RED SEA HOUSING (Jeddah, Kingdom of Saudi Arabia)


• Kaufmann Bausysteme GmbH (Vorarlberg, Austria)


• Metric Modular (Agassiz, British Columbia)


• Skender (Chicago, Illinois)


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


• Lechner Group GmbH (Hesse, Germany)


• KLEUSBERG GmbH & Co. KG (Wissen, Germany)


• Katerra (Menlo Park, California)


• Ramtech Building Systems Inc. (Texas, United States)


• ATCO LTD. (Alberta, Canada)

Further Report findings:

• Regional Analysis: Europe is predicted to witness a substantial growth rate during the forecast period owing to the high investments for infrastructural megaprojects in Germany. The surge in green construction will further accelerate growth in the region.


• Leading Segment: Wood is expected to account for a significant share owing to its stable demand in the market. Concrete is expected to witness a substantial growth rate due to its use for building a strong floor base.

The Market of Room Cell Module is Segmented into: