Modular And Prefabricated Nonresidential Building Construction Market Report 2020-2023: Global Share, Size, Industry Insights And Trends

The Business Research Company’s latest report Modular and Prefabricated Nonresidential Building Construction Global Market Report 2020 covers Modular and Prefabricated Nonresidential Building Construction market drivers, Modular and Prefabricated Nonresidential Building Construction market trends, Modular and Prefabricated Nonresidential Building Construction market segments, Modular and Prefabricated Nonresidential Building Construction market growth rate, Modular and Prefabricated Nonresidential Building Construction market major players, and Modular and Prefabricated Nonresidential Building Construction market size. The report provides in-depth analysis of the impact of COVID-19 on the Modular and Prefabricated Nonresidential Building Construction industry, along with revised market numbers due to the effects of the coronavirus.

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Modular and Prefabricated Nonresidential Building Construction Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.

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The global modular and prefabricated nonresidential building construction market is expected to decline from $54.68 billion in 2019 to $49.96 billion in 2020 at a compound annual growth rate (CAGR) of -8.63%. The decline is mainly due to the COVID-19 outbreak that has led to restrictive containment measures involving social distancing, remote working, and the closure of industries and other commercial activities. The entire supply chain has been disrupted, impacting the market negatively. The market is then expected to recover and reach $73.1 billion in 2023 at a CAGR of 13.53%.

The report covers the Modular and Prefabricated Nonresidential Building Construction market’s segments- 1) By Type: Standard Metal, Agricultural Metal, Modular Nonmetal, Panelized Precast Nonmetal. 2) By Application: Institutional, Industrial, Commercial, Agricultural. Take a look at our exciting year-end deals on ALL reports! Up to 50% off: https://www.thebusinessresearchcompany.com/global-market-reports

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