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The development of prefabricated buildings is an important measure to implement and promote supply-side structural reforms in order to better promote the development of assembly construction scale in Anhui province. This is also needed for the transformation and upgradation of the construction industry. On the basis of literature analyses, expert interviews, and questionnaire surveys, this paper analyzes the key factors affecting the large-scale promotion of prefabricated buildings in Anhui province from five dimensions by using a structural equation model. These key factors are policy support, market circumstances, public awareness, economic cost, and technical support. The results show that policy support and technical support factors have a greater impact on the large-scale development of prefabricated buildings. We should strengthen the supervision mechanism and build the assembly building management system combining the BIM, Internet of things, and other technologies. According to the research results, we put forward corresponding countermeasures and suggestions to provide a reference for the large-scale development of prefabricated buildings in Anhui province. [ABSTRACT FROM AUTHOR]