U.S. Prefabricated Panels Market Size, Share & Trends Analysis Report By Product (Modular, Panelized), By End-use (Residential, Non-residential), And Segment Forecasts, Consumer Behavior And Competitive Analysis, 2025 - 2030

U.S. Prefabricated Panels Market Trends

The U.S. prefabricated panels market size was valued at USD 16.06 billion in 2024 and is projected to grow at a CAGR of 6.3% from 2025 to 2030. The U.S. prefabricated panels market is growing steadily, driven by rising demand in residential and non-residential sectors, especially in healthcare and multi-family housing segments. Modular and panelized products offer cost-effective and faster construction solutions amid high real estate costs.

The U.S. prefabricated panel market is experiencing robust growth, driven by supportive government policies and strategic investments. For example, Colorado’s Innovative Housing Incentive Program, launched in January 2023, offers a 20% reimbursement on monthly operating costs for manufacturers of modular and kit homes, aiming to deliver 5,000 affordable housing units over five years. In addition, companies like Mighty Buildings have secured significant funding, such as a USD 5 million grant from the California Energy Commission, to support the development of sustainable modular housing. These developments reflect a rapidly expanding and maturing market where prefabricated panels are becoming a mainstream construction solution in the U.S.

The market primarily comprises two product segments, namely modular and panelized panels. Modular panels are fully pre-built and self-contained units transported and assembled on site, requiring less on-site labor and construction time. Panelized systems involve transporting individual prefabricated panels (roofs, walls, floors) and assembling them on-site. Though construction involving the use of panelized panels requires more on-site labor and can be cost-intensive compared to modular panels, these panels are preferred for their design flexibility, especially in projects requiring customization and large-scale developments.

The prefabricated panels industry is particularly strong in the Western U.S., driven by rapid urbanization and infrastructure needs. However, challenges such as high transportation expenses, especially for modular units, limit wider national adoption. Industry players are responding by investing in technological innovations, including automation and AI, and pursuing mergers to enhance capabilities and expand market reach. Prefabricated panels are reshaping the U.S. construction industry with improved efficiency, sustainability, and scalability.

U.S. Prefabricated Panels Market Report Segmentation

This report forecasts revenue growth at country level and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the U.S. prefabricated panels market report based on product type, and end use:

• Product type Outlook (Revenue, USD Million, 2018 - 2030)
• Modular
• Panelized
• Others
• End Use Outlook (Revenue, USD Million, 2018 - 2030)
• Residential
• Non- Residential