Latin America Prefabricated Construction Industry Databook 2024, Featuring Modular Data Centers, Scala Data Centers and Mighty Buildings - ResearchAndMarkets.com

The "Latin America Prefabricated Construction Industry Business and Investment Opportunities Databook - 100+ KPIs, Market Size & Forecast by End Markets, Precast Products, and Precast Materials - Q1 2024 Update" report has been added to ResearchAndMarkets.com's offering.

The prefabricated construction market is expected to record steady growth over the medium term in Latin America. Brazil-based Modular Data Centers is experiencing significant market demand for its pre-fabricated compact modules and anticipates a substantial increase in its contracted capacity for datacenter projects in 2024. The firm is planning to explore new markets in the US and Europe in 2024.

Meanwhile, other global firms have been seen expanding their presence in the regional markets. Mighty Buildings, the United States-based modular construction firm, announced that the firm is opening a new factory in Mexico in 2023. Going forward, in 2024, many more global firms are expected to build their presence in Latin America.

Modular Data Centers is planning to double its contracted capacity and enter new international markets in 2024

Brazil-based Modular Data Centers is experiencing significant market demand for its pre-fabricated compact modules and anticipates a substantial increase in its contracted capacity for datacenter projects in 2024. The firm forecasts doubling its capacity to 24MW. In addition to this growth, Modular Data Centers is also considering expansion into new markets. This strategic move is likely aimed at leveraging the heightened demand and further solidifying its position in the data center market.

Modular Data Centers is planning to explore new markets in the US and Europe in 2024, while continuing to focus on key markets in Latin America, particularly Brazil, Mexico, and Chile. The firms' main client is Scala Data Centers, with which Modular has a long-term parntership. In Q3 2023, Modular Data Centers completed the delivery of an initial set of modules for Scala's data center in Porto Alegre, Brazil, a project valued at approximately US$50 million.

Beyond its partnership with Scala, Modular Data Centers sees opportunities to supply other colocation providers, including Scala's competitors, and to sell directly to cloud companies that are developing their own hyperscale sites. This expansion strategy reflects the firm's aim to capitalize on the growing demand for datacenter infrastructure across different regions and client segments.

Global modular construction firms are setting up manufacturing bases in Mexico to scale and drive business growth

With cheaper labor and better connectivity to countries like the United States, modular construction firms are looking at Mexico as their manufacturing base to expand and accelerate business growth.

Mighty Buildings, the United States-based modular construction firm, announced that the firm is opening a new factory in Mexico in 2023. The new manufacturing facility is capable of producing components for an entire home. The firm, through the manufacturing facility, is aiming to scale its operations and accelerate business growth over the medium term. With the modular construction industry projected to grow at a steady pace in the Mexican market over the next three to four years, the manufacturing facility will also enable Mighty Buildings to strengthen its position in the country from the short to medium-term perspective.

This is not the first instance when a global firm has announced the manufacturing of prefabricated modules in Mexico. Vessels, the Chinese modular construction firm, also announced it is to build modular capsule homes in Mexico in 2022. Going forward, the publisher expects more such firms to build their manufacturing base in the Latin American market, thereby also supporting the growth of the industry in Mexico.

This market intelligence report provides a detailed view of market opportunities in the prefabricated building construction industry at Latin America and country level. With over 100+ KPIs, covering end markets, prefabricated/precast materials, and products at country level, this databook offering primarily provides data-centric analysis with charts and tables.

Key Features:

• End Market Dynamics: Provides a comprehensive data-centric view of size and structure, industry dynamics, and end market opportunities in the prefabricated industry at country level.
• Prefabricated Methods: Provides an in-depth analysis of industry across 3 methods- panelised construction, modular (Volumetric) construction, and hybrid (Semi-volumetric) construction.
• Prefabricated Materials: Provides demand analysis across 7 key materials such as aluminum, wood, iron & steel, concrete, glass, and other.
• Prefabricated Products: Provides demand analysis of market by 7 key products such as building superstructure, roof construction, floor construction, interior room modules, exterior walls, columns & beams, and other.

Report Scope

This report provides a detailed data-centric analysis of the prefabricated construction industry at Latin America and country level, covering market opportunity, and industry dynamics by prefabricated materials, methods, and products across various construction sectors. In addition, it provides market size and forecast of the prefabricated industry covering end markets along with demand analysis.

With over 100 KPIs at the country level, this bundled offering provides comprehensive understanding of market dynamics at a more granular level.

Precast Market Size and Forecast by Building Construction Sector, 2019-2028

• Residential
• Single-Family
• Multi Family
• Commercial
• Office
• Retail
• Hospitality
• Other
• Institutional
• Industrial

Market Size and Forecast by Prefabrication Methods, 2019-2028

• Panelised construction
• Modular (Volumetric) construction
• Hybrid (Semi-volumetric) construction

by Prefabricated Material

• Aluminium
• Wood
• Iron & Steel
• Concrete
• Glass
• Other

Market Size and Forecast by Prefabricated Product, 2019-2028

• Building Superstructure
• Roof Construction
• Floor Construction
• Interior Room Modules
• Exterior Walls
• Columns & Beams
• Other

Market Size and Forecast by Prefabricated Product, 2019-2028

• Aluminium (Building Superstructure, Roof Construction, Floor Construction, Interior Room Modules, Exterior Walls, Columns & Beams, Other)
• Wood (Building Superstructure, Roof Construction, Floor Construction, Interior Room Modules, Exterior Walls, Columns & Beams, Other)
• Iron & Steel (Building Superstructure, Roof Construction, Floor Construction, Interior Room Modules, Exterior Walls, Columns & Beams, Other)
• Concrete (Building Superstructure, Roof Construction, Floor Construction, Interior Room Modules, Exterior Walls, Columns & Beams, Other)
• Glass (Building Superstructure, Roof Construction, Floor Construction, Interior Room Modules, Exterior Walls, Columns & Beams, Other)
• Other (Building Superstructure, Roof Construction, Floor Construction, Interior Room Modules, Exterior Walls, Columns & Beams, Other)

Market Size and Forecast by Prefabrication Construction Sector, 2019-2028

• Residential
• Commercial
• Industrial
• Institutional

For more information about this report visit https://www.researchandmarkets.com/r/hmend6

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