Modular Construction Market by Type (Permanent, Relocatable), Material (Wood, Steel, Concrete), Module, End-use Industry (Residential, Office, Educational, Hospitality, Healthcare, Retail & Commercial), and Region – Global Forecast to 2030

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USD 142.87 BN
MARKET SIZE, 2030
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CAGR 5.4%
(2025-2030)
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330
REPORT PAGES
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360
MARKET TABLES

OVERVIEW

Modular Construction Market Overview

Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis

The modular construction market is expected to reach USD 142.87 billion by 2030 from USD 109.60 billion in 2025, at a CAGR of 5.4% during the forecast period. The global modular construction market is growing rapidly, amid increasing urbanization, a shift toward more sustainable building practices, and increased demand for faster, cheaper construction. According to the US Green Building Council, buildings in the United States account for approximately 39% of CO2 emissions, 40% of energy use, and 13% of water consumption, highlighting exactly why greener methods matter. This indicates why the need for greener and more effective and efficient ways of construction, like modular construction, will be more in demand in the US and other developing countries in the coming years. The estimated global population in the mid to late 2080s will be around 10.3 billion, and already, almost half the world’s population, around 45%, resides in urban areas and is expected to rise sharply by 2050. Modular construction distinguishes itself in this regard because of its efficiency, cost-effectiveness, and minimal site disruptions. Population growth, urbanization, and increasing industrialization in developing economies, especially in the Asia-Pacific region, where urbanization rates are 67% in China and 36.87% in India, alongside advancements in prefabrication, digital design, and intelligent construction management, are propelling modular construction as a sustainable, scalable, and efficient solution for global urban development.

KEY TAKEAWAYS

  • By Region
    The Asia Pacific dominated the modular construction market in 2024 with a share of 36.0%.
  • By Type
    By type, the relocatable segment is expected to register the highest CAGR of 6.4% from 2025 to 2030, in terms of value.
  • By Material
    By material, the steel segment is expected to register the highest CAGR of 6.0% from 2025 to 2030, in terms of value.
  • By End-use Industry
    By end-use industry, the hospitality segment is expected to dominate the market.
  • Competitive Landscape - Key Players
    Skanska, Laing O'Rourke, ATCO Ltd., and Modulaire Group were identified as Star players in the modular construction market, as they have focused on innovation, have broad industry coverage, and strong operational & financial strength.
  • Competitive Landscape- Startups
    ALHO Group, BROAD Group, and Kwikspace have distinguished themselves among startups and SMEs through their strong product portfolios and business strategies.

The modular construction industry is growing rapidly and is becoming more efficient as the global construction sector increasingly adopts building methods that are quicker, more cost-effective, and environmentally sustainable. Conventional construction technologies face challenges such as slow execution time, lack of skilled labor, cost escalation, and inconsistent construction quality, making them amenable to off-site modular construction. Modular construction facilitates the production of standardized building components in controlled settings, which are subsequently assembled on-site, thereby minimizing material waste, construction duration, and safety hazards. Increasing requirements for housing, healthcare, educational, and office spaces are expected to drive the market growth. Increasing awareness of green and energy-efficient design in lower-carbon footprint structures will inspire governments and developers worldwide to adopt modular construction solutions.

TRENDS & DISRUPTIONS IMPACTING CUSTOMERS' CUSTOMERS

The modular construction industry is driving end-use industries as it serves a need for faster delivery of projects, reduced costs, and superior quality work. The need for faster deployment with minimum disruption to site operations in healthcare and education sectors is a driving force for going for modular solutions in these sectors. Moreover, there is a perceptible shift towards greater efficiency, minimizing waste generation, and increasing energy efficiency in buildings by going for modular solutions in the education and healthcare sectors, as well as other sectors like residential, hospitality, and logistics, hence driving the modular construction market as a whole. Various schemes of governments related to affordable housing, urban development projects, and green building projects also contribute towards driving the modular construction market.

Modular Construction Market Disruptions

Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis

MARKET DYNAMICS

Drivers
Impact
Level
  • Rapid construction and cost savings driving modular adoption
  • Surging infrastructure investments
RESTRAINTS
Impact
Level
  • Transportation, logistics, and on-site assembly risks
  • Lack of awareness and perception barriers in developing economies
OPPORTUNITIES
Impact
Level
  • Rapid population growth and urbanization fuel demand
  • Rising high-rise and supertall developments creating strong demand
CHALLENGES
Impact
Level
  • Supply chain volatility and raw material price fluctuations
  • Skilled workforce gap and hybrid talent shortage

Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis

Driver: Rapid construction and cost savings driving modular adoption

A main driving force in the current uptake of modular construction is the inherent ability of modular approaches to accelerate projects while enhancing the efficiency of costs, quality, and sustainability. Compared to traditional approaches, which rely on a sequence that is slow and weather-driven, modular projects enable parallel execution of manufacturing activities, whether it is the manufacturing of modules or components, alongside the execution of activities like the establishment of infrastructure works, utilities, and even foundation works. This approach typically shortens the execution timeframe by 30-50%, turning months-long projects into week-long projects. The efficiency of the modular approach is gradually being adopted by governments and public institutions in order to handle the shortage of housing units, healthcare infrastructure, and the need for improved productivity in the construction sector, based on initiatives like the Construction 2025 strategy adopted in the UK. Practical projects have demonstrated the validity of the efficiency claims, including the 550-unit Camp Hill scheme developed by Elements Europe in Birmingham, which reduced deliveries by 3,700 units and incorporated a 56% decrease in traffic movements, reducing emissions while achieving a 35% net life-cycle carbon savings. High-rise projects, urgent infrastructure development, and the like, including Broad Sustainable Building’s 26-story tower completed in five days, Wuhan’s 1,600-bed Leishenshan Hospital completed in less than a week, demonstrate the strength of the modular approach. When the benefits of improved quality, reductions in waste, improved labor costs, and financing terms are incorporated, the efficiency pushes the global shift towards modular construction.

Restraint: Transportation, logistics, and on-site assembly risks

Transportation and assembly issues are a major challenge for the modular construction market. Modular buildings are made in factories and then transported to construction sites, often over long distances. These modules are large, heavy, and already finished, so they need special trucks, careful route planning, permits, and exact delivery timing. Modules can become damaged while being transported or stored, leading to delays, increased repair costs, or even replacement. On-site module assembly requires a high level of precision. Walls, flooring, and structural components must all fit perfectly to ensure safety and functionality. Even small mistakes during lifting or installation can lead to problems such as leaks, weak joints, or long-term durability issues. These issues get worse in tall buildings or complex projects, where crane operations are demanding, and tolerances are stringent.

Opportunity: Rapid population growth and urbanization fuel demand

Rapid population growth and faster urbanization have thus created continuous opportunities in modular construction. The global population is estimated to have reached over 8.2 billion in 2025 and is anticipated to peak at nearly 10.3 billion by the mid-2080s, thereby substantially elevating the need for housing, commercial structures, and infrastructure (Source: United Nations, World Population Prospects 2024). Urbanization exacerbates this pressure, as cities already house approximately 45% of the global population, an increase from 20% in 1950, with projections indicating further growth by 2050 (Source: United Nations, World Urbanization Prospects 2025). Meeting such needs with economies of scale requires construction methods that promise speedier delivery and cost clarity with less on-site disruption: a task for which modular construction is well-positioned. This effect is especially strong in the Asia-Pacific region, spurred by rapid industrialization and rising incomes. The urbanization rate in China was about 67% in 2024, according to the National Bureau of Statistics of China, while India stood at about 36.87%, according to the World Bank. Governments and private developers, in their efforts to tackle housing shortages, infrastructural deficiencies, and urban density issues, find modular construction ideally suited to fulfill future development requirements economically and sustainably.

Challenge: Supply chain volatility and raw material price fluctuations

The modular construction sector is being pinched by the nuances in supply chain variability, caused in turn by the fluctuating prices of key raw materials such as steel, aluminum, rebar, and concrete. Since margins are already low, predictability in costs is imperative for maintaining the modular construction industry's quickness to market. But tariffs and associated trading barriers being planned in the 2025 period have introduced drastic variations in prices. As far as 2025 is concerned, the tariffs for steel and aluminum rose to 25%, while imports soared to 50% in some instances, leading to unpredictable market responses. Steel prices rose 5.4% from April, while steel prices remained 7.9% above their respective pre-tariff prices in September. Rebar prices, in the meantime, surged more than 26% in some instances. Neither is the increasing geopolitical instability helpful, creating further turmoil in the global supply chain for precision components. The Modular Building Institute states, in fact, that tariffs increase the construction costs of homes, decrease their affordability, and subvert the supply chain.

MODULAR CONSTRUCTION MARKET: COMMERCIAL USE CASES ACROSS INDUSTRIES

COMPANY USE CASE DESCRIPTION BENEFITS
Created the modular classroom complex for 1,200 students, including temperature-controlled corridors, special rooms such as Home Economics, Biology, Chemistry, and Criminal Justice, and optimal site planning around the oval drive. Facilitated fast construction, personalized learning environments, and optimal use of the land; disruption to ongoing renovations was minimal.
Delivered 71 approved modular classrooms for LAUSD after the 2025 Palisades Fire disaster. This includes 33 classrooms, 1 admin building, 3 restrooms, and ADA ramps. These projects were executed under tight deadlines and with challenging site conditions. Schools with safe, code-compliant learning environments were quickly reopened, and modular construction demonstrated a notable level of disaster response efficiency.
Delivered a 4,920 sq ft modular wing with four classrooms for Glastonbury Public School, connected by a climate-controlled hallway that included green space, a chair lift, sprinkler fire protection, and information technology infrastructure. Provided quick and economical expansion for the school, ensured comfort, safety, and aesthetic harmony, and ensured faster completion of the project within budget.

Logos and trademarks shown above are the property of their respective owners. Their use here is for informational and illustrative purposes only.

MARKET ECOSYSTEM

The modular construction market operates within a complex ecosystem comprising developers, architects, manufacturers, contractors, technology providers, and regulatory bodies. The pace for standardization, high-quality modules, and fast project completion module manufacture is set by off-site module manufacturers. Technologies such as BIM, AI, and robotics further optimize design, manufacturing, and construction. The critical supply chain players, material supplies/logistics professionals, manage material supply on time and at controlled cost. The regulatory authority members and associations then set the pace for adoption of this technology based on safety standards and environmental considerations.

Modular Construction Market Ecosystem

Logos and trademarks shown above are the property of their respective owners. Their use here is for informational and illustrative purposes only.

MARKET SEGMENTS

Modular Construction Market Segments

Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis

Modular Construction Market, By Type

The permanent type dominated the modular construction market in 2024. The growing popularity of permanent modular construction aligns with the increasing application of modular construction in residential, commercial, medical, and educational settings. The permanent modular buildings have the unique advantage of being durable, with malleable, resilient designs and a lifespan approximately equal to that of buildings of traditional construction, but with the benefits of accelerated assembly, cost efficiency, and quality assurance through factory-made modules. Large-scale developers, as well as government agencies, have shown a growing trend of selecting permanent modular construction types for the construction of low-cost housing, medical, educational, and mixed-use projects that meet strict government requirements and specifications on sustainability and performance requirements on a regular basis.

Modular Construction Market, By Material

Concrete was the most prominent material in the modular construction market in 2024, with properties that make it structurally strong and long-lasting, and fire-resistant. This would make it the preferred choice for permanent buildings across sectors, from residential to commercial, healthcare, and education. Concrete modular systems will provide solid thermal and acoustic insulation, and are ideal for dense urban developments, along with multi-story designs. In contrast to traditional cast-in-place techniques, precast concrete modules exhibit superior manufacturing precision, enhanced quality control, and expedited on-site assembly. The dominance of concrete in extensive and long-term modular projects has significantly persisted in 2024, driven by a rising desire for sustainable and durable building, alongside advancements in precast and high-performance concrete technology.

Modular Construction Market, By End-use Industry

The residential sector emerged as the largest end-use industry of the modular construction market in 2024, due to the increasing urban migration of people, a shortage of housing, and the demand for faster and more economical ways of construction. Modular construction projects can decrease the duration of projects, ensure consistent cost estimates, and minimize the disturbance caused during the construction period, making them a viable solution for projects of a massive scale, like affordable housing, multi-family dwelling units, dorms, and senior living, to name a few. Government initiatives regarding the subsidization of affordable housing, especially in urban and suburban areas, caused the adoption rate to increase considerably.

REGION

Asia Pacific to be the fastest-growing region in the modular construction market during the forecast period

The Asia Pacific is emerging as the fastest-growing region for the modular construction market. With growing cities, huge infrastructure development schemes, and increasing awareness for sustainable, energy-efficient buildings, the Asia Pacific is gaining traction. The industrialization of China, India, and Southeast Asia, coupled with a growing population in each of these nations, ensures a definite need for faster, more efficient means of building homes, offices, healthcare buildings, and educational institutions. Asia Pacific governments are actively moving to encourage a fallback to off-site or modular construction through housing schemes, smart city development projects, and a stricter emphasis on product in housing. The growth of industrial parks, logistics buildings, or other projects in remote locations ensures a definite need in those locations for permanent or relocatable modular buildings. The impact of increased technology in digital design, BIM, or factory-based manufacturing in modular buildings ensures predictability, satisfaction with product quality, and sufficient improvements in expense. This has been well reflected in China, which witnessed a 26-story, 15,000-square-meter residential project prepared by Broad Sustainable Building in Xiangyin in a mere five days, in January 2024.

Modular Construction Market Region

MODULAR CONSTRUCTION MARKET: COMPANY EVALUATION MATRIX

Skanska (Star) is a global leader in the construction industry, integrating modular building concepts into its company. The combination of factory-made buildings and the latest technology in design provides durable and permanent modular buildings. The company focuses on sustainability and modular construction benefits clients in significantly shortening project durations and reducing expenses to achieve net-zero goals. Red Sea International (Emerging Leader) concentrates on modular and relocatable buildings, primarily in isolated or harsh conditions.

Modular Construction Market Evaluation Metrics

Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis

KEY MARKET PLAYERS

MARKET SCOPE

REPORT METRIC DETAILS
Market Size in 2024 (Value) USD 104.00 Billion
Market Forecast in 2030 (Value) USD 142.87 Billion
Growth Rate 5.40%
Years Considered 2021–2030
Base Year 2024
Forecast Period 2025–2030
Units Considered Value (USD Billion), Volume (Thousand Square Feet)
Report Coverage Revenue forecast, company ranking, competitive landscape, growth factors, and trends
Segments Covered
  • By Type:
    • Permanent
    • Relocatable
  • By Material:
    • Steel
    • Wood
    • Concrete
  • By Module:
    • Four-sided Modules
    • Open-sided Modules
    • Partially Open-sided Modules
    • Mixed Modules and Floor Cassettes
    • Modules Supported by a Primary Structure
    • Other Modules
  • By End-use Industry:
    • Residential
    • Retail & Commercial
    • Office
    • Education
    • Hospitality
    • Healthcare
    • Other End-use Industries
Regions Covered North America, Europe, Asia Pacific, South America, and Middle East & Africa

WHAT IS IN IT FOR YOU: MODULAR CONSTRUCTION MARKET REPORT CONTENT GUIDE

Modular Construction Market Content Guide

DELIVERED CUSTOMIZATIONS

We have successfully delivered the following deep-dive customizations:

CLIENT REQUEST CUSTOMIZATION DELIVERED VALUE ADDS
US-based Modular Construction Developers
  • Comprehensive market research covering residential, commercial, and institutional modular construction segments
  • Analysis of market size, growth forecasts, and segment-specific adoption trends
  • Identification of key US developers, innovators, and emerging startups
  • Mapping of supply chains, production methods, and onsite assembly processes
  • Evaluation of regulatory compliance, building code adherence, and zoning requirements
  • Assessment of digital design tools, prefabrication processes, and smart building integration across projects
  • Actionable insights into competitive landscape and market positioning
  • Identification of high-growth opportunities and market entry points
  • Support for strategic planning, partnership evaluation, and technology adoption
  • Enhanced decision-making for site selection, project scaling, and compliance strategies
Permanent Modular Construction (PMC) Manufacturers
  • Comprehensive analysis of the PMC market, covering residential, commercial, and institutional segments
  • Assessment of module design standards, structural integrity, and compliance with long-term building codes
  • Evaluation of factory production processes, quality control, and assembly workflows
  • Mapping of supply chains for construction materials, structural panels, MEP systems, and finishing components
  • Analysis of digital design adoption, BIM integration, and modular automation technologies
  • Benchmarking of leading PMC manufacturers globally, with insights into production capacity and project delivery timelines
  • Provides strategic insights for expanding production capabilities and improving operational efficiency
  • Identifies high-value segments and emerging markets for PMC adoption
  • Supports competitive positioning, product differentiation, and premium solution development
  • Recommends optimization of regulatory compliance, lifecycle performance, and long-term durability
Relocatable Modular Construction (RMC) Manufacturers
  • Detailed market assessment of RMC, including industrial, commercial, and temporary-use buildings
  • Analysis of modular designs enabling relocation, reuse, and flexible deployment
  • Evaluation of production methods, lightweight materials, and rapid assembly/disassembly technologies
  • Mapping of supply networks and logistics capabilities for transportable modules
  • Assessment of compliance with local building codes and temporary structure regulations
  • Benchmarking of technology adoption in smart modules, energy efficiency, and off-site construction processes
  • Provides insights for enhancing modular flexibility, mobility, and deployment speed
  • Supports identification of growth opportunities in temporary or project-based infrastructure markets
  • Recommends adoption of smart technologies, IoT-enabled monitoring, and energy-efficient relocatable solutions
  • Offers competitive intelligence for positioning, differentiation, and service expansion in the RMC market

RECENT DEVELOPMENTS

  • December 2025 : Laing O'Rourke was confirmed as one of four partners in the Midlands Rail Hub Alliance, alongside VolkerRail, AtkinsRealis, and Siemens Mobility, to design and deliver major rail upgrades that improve capacity and connectivity across Birmingham and the West Midlands.
  • July 2025 : Skanska signed a 10-year lease with AFRY for about 15,000 sq. m. of office space at the Solna Link building in Arenastaden, Sweden, which will become AFRY’s new headquarters.
  • September 2024 : ATCO Ltd. acquired NRB Modular Solutions, enhancing its modular construction and retaining skills in Canada, and gaining better market and facility access in Canada and the US.
  • May 2024 : Laing O'Rourke was selected as a construction partner in National Grid's Great Grid Partnership, a USD 12.1 billion framework agreement for the supply chain in connection with new and existing power infrastructure projects.
  • December 2022 : Modulaire Group announced the acquisition of Mobile Mini UK, expanding its presence across the UK with a national distribution network focused on delivering steel storage and accommodations units to different sectors.

Table of Contents

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TITLE
PAGE NO
INTRODUCTION
27
RESEARCH METHODOLOGY
32
EXECUTIVE SUMMARY
41
PREMIUM INSIGHTS
45
MARKET OVERVIEW
49
  • 5.1 INTRODUCTION
  • 5.2 MARKET DYNAMICS
    DRIVERS
    - Need for time-saving and cost-effective construction
    - Investments in infrastructure industry
    - Increasing work-zone safety and building sustainability
    - Ease of relocation of modular buildings
    - Supportive government initiatives
    RESTRAINTS
    - Risks of transportation and assembly issues in modular construction
    - Lack of awareness in developing economies
    OPPORTUNITIES
    - Population growth and urbanization translating to increased number of construction projects
    - Increasing demand for high-end residential and multi-story buildings
    - Housing crisis in developed countries
    CHALLENGES
    - Lack of experts in market
    - Volatility in transportation charges
  • 5.3 TRENDS & DISRUPTIONS IMPACTING CUSTOMER’S BUSINESS
  • 5.4 PRICING ANALYSIS
  • 5.5 VALUE CHAIN ANALYSIS
    PROMINENT COMPANIES
    SMALL & MEDIUM-SIZED ENTERPRISES
    DESIGN
    ENGINEERING
    PERMITS & APPROVALS
    SITE DEVELOPMENT & BUILDING FOUNDATION
    PLANT FABRICATION
    TRANSPORTATION
    INSTALLATION
  • 5.6 ECOSYSTEM/MARKET MAP
  • 5.7 TECHNOLOGY ANALYSIS
    KEY TECHNOLOGIES
    COMPLEMENTARY TECHNOLOGY
    ADJACENT TECHNOLOGY
  • 5.8 PATENT ANALYSIS
    INTRODUCTION
    METHODOLOGY
    MODULAR CONSTRUCTION MARKET, PATENT ANALYSIS (2014–2023)
  • 5.9 TRADE ANALYSIS
  • 5.10 KEY CONFERENCES AND EVENTS IN 2024–2025
  • 5.11 TARIFF AND REGULATORY LANDSCAPE
    REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • 5.12 TARIFF AND REGULATORY LANDSCAPE
    AVERAGE TARIFF RATES
    REGULATIONS IN MODULAR CONSTRUCTION MARKET
    - ICC/MBI 1200-2021 Standard for Off-site Construction
    - ICC/MBI 1205-2021 Standard for Off-site Construction
    - CSA A277 STANDARD
    - CSA Z240 MH Series-16 (R2021) STANDARD
    - CSA Z240.10.1:19 STANDARD
  • 5.13 PORTER’S FIVE FORCES ANALYSIS
    THREAT OF NEW ENTRANTS
    THREAT OF SUBSTITUTES
    BARGAINING POWER OF SUPPLIERS
    BARGAINING POWER OF BUYERS
    INTENSITY OF COMPETITIVE RIVALRY
  • 5.14 KEY STAKEHOLDERS AND BUYING CRITERIA
    KEY STAKEHOLDERS IN BUYING PROCESS
    BUYING CRITERIA
  • 5.15 CASE STUDY ANALYSIS
    MODULAR CONSTRUCTION MANUFACTURER HELPED IN SPEEDY CONSTRUCTION OF SCHOOL
    MAJOR MODULAR CONSTRUCTION COMPANY HELPED PHARMACEUTICAL COMPANY DELIVER TEMPORARY SPACES
    MODULAR CONSTRUCTION DELIVERED SUSTAINABLE HOSPITAL COMPLEX
  • 5.16 INVESTMENT AND FUNDING SCENARIO
  • 5.17 MACROECONOMIC INDICATORS
    INTRODUCTION
    GDP TRENDS AND FORECASTS
    CONSTRUCTION INDUSTRY AS PERCENTAGE OF GDP AND ITS IMPACT ON MODULAR CONSTRUCTION
MODULAR CONSTRUCTION MARKET, BY TYPE
87
  • 6.1 INTRODUCTION
  • 6.2 PERMANENT MODULAR CONSTRUCTION
    EFFICIENT TIME AND LABOR MANAGEMENT TO DRIVE MARKET
  • 6.3 RELOCATABLE MODULAR CONSTRUCTION
    EASE OF RELOCATION, FAST DELIVERY, AND LOW COST TO DRIVE MARKET
MODULAR CONSTRUCTION MARKET, BY MODULE
90
  • 7.1 INTRODUCTION
  • 7.2 FOUR-SIDED MODULES
    USE OF CELLULAR BUILDINGS TO PROPEL MARKET
  • 7.3 OPEN-SIDED MODULES
    INCREASED UTILIZATION IN LOW-RISE AND RESIDENTIAL BUILDINGS TO DRIVE MARKET
  • 7.4 PARTIALLY OPEN-SIDED MODULES
    INCREASED CONSTRUCTION SPEED IRRESPECTIVE OF WEATHER FLUCTUATIONS TO DRIVE MARKET
  • 7.5 MIXED MODULES AND FLOOR CASSETTES
    RESTRICTIONS DUE TO INCREASED LOAD ON MODULES IN CONSTRUCTION TO LIMIT MARKET
  • 7.6 MODULES SUPPORTED BY PRIMARY STRUCTURES
    USE IN MIXED RETAIL AND COMMERCIAL CONSTRUCTIONS TO DRIVE MARKET
  • 7.7 OTHER MODULES
MODULAR CONSTRUCTION MARKET, BY MATERIAL
92
  • 8.1 INTRODUCTION
  • 8.2 CONCRETE
    INCREASED DURABILITY TO STIMULATE DEMAND
  • 8.3 STEEL
    IMPROVED STRUCTURAL INTEGRITY, DESIGN FLEXIBILITY, STRENGTH, DURABILITY, AND FIRE RESISTANCE TO DRIVE MARKET
  • 8.4 WOOD
    COST-EFFECTIVENESS AND EASY TRANSPORTATION TO DRIVE MARKET
MODULAR CONSTRUCTION MARKET, BY END-USE INDUSTRY
97
  • 9.1 INTRODUCTION
  • 9.2 RESIDENTIAL
    ECO-FRIENDLY AND COST-EFFECTIVE PROPERTIES OF MODULAR CONSTRUCTION TO DRIVE MARKET
  • 9.3 RETAIL & COMMERCIAL
    EASE OF RELOCATION, LOW-COST RECONFIGURATION, AND FAST DELIVERY TO DRIVE MARKET
  • 9.4 HEALTHCARE
    SHORT CONSTRUCTION SCHEDULES AND REDUCED COSTS TO DRIVE MARKET
  • 9.5 EDUCATION
    COST EFFICIENCY, SUPERIOR BUILD TIME, AND OFF-SITE CONSTRUCTION POTENTIAL TO DRIVE MARKET
  • 9.6 HOSPITALITY
    GROWING NUMBER OF TOURISTS AND STRONG TOURISM SECTOR TO DRIVE MARKET
  • 9.7 OFFICE
    LESSER TIME AND DISRUPTIONS IN ONGOING WORK ENVIRONMENT TO DRIVE MARKET
  • 9.8 OTHER END-USE INDUSTRIES
MODULAR CONSTRUCTION MARKET, BY REGION
104
  • 10.1 INTRODUCTION
  • 10.2 ASIA PACIFIC
    RECESSION IMPACT
    CHINA
    - Government initiatives and favorable policies to drive market
    JAPAN
    - Increasing urban population to drive market
    AUSTRALIA & NEW ZEALAND
    - Growing population and stable economic conditions to support growth
    INDIA
    - Rising population, GDP, and purchasing power of customers to stimulate growth
    SOUTH KOREA
    - Commercial construction projects to drive demand
    REST OF ASIA PACIFIC
  • 10.3 NORTH AMERICA
    RECESSION IMPACT
    US
    - Growing building construction, renovation, and remolding activities to boost market
    CANADA
    - Increase in remolding activities to propel market
    MEXICO
    - Growth in construction and infrastructure sectors to drive market
  • 10.4 EUROPE
    GERMANY
    - Shortage of affordable homes and slow growth in industrialization
    UK
    - Government to create new opportunities for modular building manufacturers
    FRANCE
    - Growing demand for modular wood buildings to drive market
    ITALY
    - Investments in construction sector and awareness about modular homes to drive market
    SPAIN
    - Increase in demand for affordable homes to drive market
    RUSSIA
    - High demand for new housing to drive market
    AUSTRIA
    - Housing initiatives by government to drive demand
    POLAND
    - Rise in price of building materials and labor shortage in traditional construction methods to drive market
    REST OF EUROPE
  • 10.5 MIDDLE EAST & AFRICA
    RECESSION IMPACT
    GCC COUNTRIES
    - Saudi Arabia
    - UAE
    - Rest of GCC
    TURKEY
    - Housing schemes initiated by government to drive market
    SOUTH AFRICA
    - Rapid urbanization and growing demand for sustainable buildings to drive market
    REST OF MIDDLE EAST & AFRICA
  • 10.6 SOUTH AMERICA
    RECESSION IMPACT
    BRAZIL
    - Booming construction industry to drive market
    ARGENTINA
    - Increased construction to drive market
    REST OF SOUTH AMERICA
COMPETITIVE LANDSCAPE
182
  • 11.1 OVERVIEW
  • 11.2 REVENUE ANALYSIS OF TOP MARKET PLAYERS
  • 11.3 MARKET SHARE ANALYSIS
  • 11.4 COMPANY VALUATION AND FINANCIAL METRICS
  • 11.5 PRODUCT/BRAND COMPARISON
  • 11.6 COMPANY EVALUATION MATRIX
    STARS
    EMERGING LEADERS
    PERVASIVE PLAYERS
    PARTICIPANTS
    COMPANY FOOTPRINT: KEY PLAYERS
  • 11.7 START-UPS/SMES EVALUATION MATRIX
    PROGRESSIVE COMPANIES
    RESPONSIVE COMPANIES
    DYNAMIC COMPANIES
    STARTING BLOCKS
    COMPETITIVE BENCHMARKING
  • 11.8 COMPETITIVE SITUATIONS AND TRENDS
    PRODUCT LAUNCHES
    DEALS
    EXPANSIONS
    OTHER DEVELOPMENTS
COMPANY PROFILES
211
  • 12.1 KEY PLAYERS
    LAING O’ROURKE
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    - MNM view
    RED SEA INTERNATIONAL
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    - MnM view
    SKANSA AB
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    - MnM view
    ATCO LTD.
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    - MnM view
    MODULAIRE GROUP
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    - MnM view
    KLEUSBERG GMBH & CO. KG
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    - MnM view
    LENDLEASE CORPORATION
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    - MnM view
    BECHTEL CORPORATION
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    - MnM view
    FLUOR CORPORATION
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    - MnM view
    BOUYGUES CONSTRUCTION
    - Business overview
    - Products/Solutions/Services offered
    - MnM view
    VINCI S.A.
    - Business overview
    - Products/Solutions/Services offered
    - MnM view
  • 12.2 OTHER PLAYERS
    KWIKSPACE MODULAR BUILDINGS
    WESTCHESTER MODULAR HOMES, INC.
    WERNICK GROUP LIMITED
    KOMA MODULAR
    ELEMENTS EUROPE
    PREMIER MODULAR
    THE ALHO GROUP
    INVESTWOOD, SA
    BROAD GROUP
    MIGHTY BUILDINGS, INC.
    FACTORY_OS
    BLOKABLE INC.
    MODULOUS
    NEXII BUILDING SOLUTIONS
    DUBOX
    CONNECT HOMES
    GUERDON, LLC.
ADJACENT & RELATED MARKET
273
  • 13.1 INTRODUCTION
  • 13.2 PRE-ENGINEERED BUILDINGS MARKET
    MARKET DEFINITION
    MARKET OVERVIEW
  • 13.3 PRE-ENGINEERED BUILDINGS MARKET, BY STRUCTURE
  • 13.4 PRE-ENGINEERED BUILDINGS MARKET, BY APPLICATION
  • 13.5 PRE-ENGINEERED BUILDINGS MARKET, BY REGION
APPENDIX
276
  • 14.1 DISCUSSION GUIDE
  • 14.2 CUSTOMIZATION OPTIONS
  • 14.3 RELATED REPORTS
  • 14.4 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
  • 14.5 AUTHOR DETAILS
LIST OF TABLES
 
  • TABLE 1 INCLUSIONS AND EXCLUSIONS
  • TABLE 2 RISK ASSESSMENT IN MODULAR CONSTRUCTION MARKET
  • TABLE 3 ASIA PACIFIC URBANIZATION TREND, 1990–2050
  • TABLE 4 AVERAGE PRICE TREND OF MODULAR CONSTRUCTION OF KEY PLAYERS, BY TOP 3 END-USE INDUSTRIES (USD/SQUARE FOOT), 2023
  • TABLE 5 AVERAGE PRICE TREND, BY REGION (USD/SQUARE FOOT)
  • TABLE 6 ECOSYSTEM OF MODULAR CONSTRUCTION MARKET
  • TABLE 7 LIST OF PATENTS FOR MODULAR CONSTRUCTION
  • TABLE 8 MODULAR CONSTRUCTION MARKET: DETAILED LIST OF CONFERENCES & EVENTS, 2024–2025
  • TABLE 9 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • TABLE 10 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • TABLE 11 TARIFF RELATED TO PREFABRICATED BUILDINGS, WHETHER OR NOT COMPLETE OR ALREADY ASSEMBLED
  • TABLE 12 MODULAR CONSTRUCTION MARKET: PORTER’S FIVE FORCES ANALYSIS
  • TABLE 13 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS OF MODULAR CONSTRUCTION MARKET
  • TABLE 14 KEY BUYING CRITERIA FOR MODULAR CONSTRUCTION IN TOP THREE END-USE INDUSTRIES
  • TABLE 15 WORLD GDP GROWTH PROJECTION, 2021–2028 (USD TRILLION)
  • TABLE 16 CONSTRUCTION AS PERCENTAGE OF GDP, BY KEY COUNTRY, 2021
  • TABLE 17 MODULAR CONSTRUCTION MARKET, BY TYPE, 2022–2029 (USD MILLION)
  • TABLE 18 MODULAR CONSTRUCTION MARKET, BY TYPE, 2022–2029 (THOUSAND SQUARE FEET)
  • TABLE 19 MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2018–2021 (USD MILLION)
  • TABLE 20 MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2018–2021 (THOUSAND SQUARE FEET)
  • TABLE 21 MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2022–2029 (USD MILLION)
  • TABLE 22 MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2022–2029 (THOUSAND SQUARE FEET)
  • TABLE 23 MODULAR CONSTRUCTION MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)
  • TABLE 24 MODULAR CONSTRUCTION MARKET, BY END-USE INDUSTRY, 2018–2021 (THOUSAND SQUARE FEET)
  • TABLE 25 MODULAR CONSTRUCTION MARKET, BY END-USE INDUSTRY, 2022–2029 (USD MILLION)
  • TABLE 26 MODULAR CONSTRUCTION MARKET, BY END-USE INDUSTRY, 2022–2029 (THOUSAND SQUARE FEET)
  • TABLE 27 MODULAR CONSTRUCTION MARKET, BY REGION, 2022–2029 (USD MILLION)
  • TABLE 28 MODULAR CONSTRUCTION MARKET, BY REGION, 2022–2029 (THOUSAND SQUARE FEET)
  • TABLE 29 ASIA PACIFIC: MODULAR CONSTRUCTION MARKET, BY COUNTRY, 2022–2029 (USD MILLION)
  • TABLE 30 ASIA PACIFIC: MODULAR CONSTRUCTION MARKET, BY COUNTRY, 2022–2029 (THOUSAND SQUARE FEET)
  • TABLE 31 ASIA PACIFIC: MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2018–2021 (USD MILLION)
  • TABLE 32 ASIA PACIFIC: MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2018–2021 (THOUSAND SQUARE FEET)
  • TABLE 33 ASIA PACIFIC: MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2022–2029 (USD MILLION)
  • TABLE 34 ASIA PACIFIC: MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2022–2029 (THOUSAND SQUARE FEET)
  • TABLE 35 ASIA PACIFIC: MODULAR CONSTRUCTION MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)
  • TABLE 36 ASIA PACIFIC: MODULAR CONSTRUCTION MARKET, BY END-USE INDUSTRY, 2018–2021 (THOUSAND SQUARE FEET)
  • TABLE 37 ASIA PACIFIC: MODULAR CONSTRUCTION MARKET, BY END-USE INDUSTRY, 2022–2029 (USD MILLION)
  • TABLE 38 ASIA PACIFIC: MODULAR CONSTRUCTION MARKET, BY END-USE INDUSTRY, 2022–2029 (THOUSAND SQUARE FEET)
  • TABLE 39 CHINA: MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2022–2029 (USD MILLION)
  • TABLE 40 CHINA: MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2022–2029 (THOUSAND SQUARE FEET)
  • TABLE 41 CHINA: MODULAR CONSTRUCTION MARKET, BY END-USE INDUSTRY, 2022–2029 (USD MILLION)
  • TABLE 42 CHINA: MODULAR CONSTRUCTION MARKET, BY END-USE INDUSTRY, 2022–2029 (THOUSAND SQUARE FEET)
  • TABLE 43 JAPAN: MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2022–2029 (USD MILLION)
  • TABLE 44 JAPAN: MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2022–2029 (THOUSAND SQUARE FEET)
  • TABLE 45 JAPAN: MODULAR CONSTRUCTION MARKET, BY END-USE INDUSTRY, 2022–2029 (USD MILLION)
  • TABLE 46 JAPAN: MODULAR CONSTRUCTION MARKET, BY END-USE INDUSTRY, 2022–2029 (THOUSAND SQUARE FEET)
  • TABLE 47 AUSTRALIA & NEW ZEALAND: MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2022–2029 (USD MILLION)
  • TABLE 48 AUSTRALIA & NEW ZEALAND: MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2022–2029 (THOUSAND SQUARE FEET)
  • TABLE 49 AUSTRALIA & NEW ZEALAND: MODULAR CONSTRUCTION MARKET, BY END-USE INDUSTRY, 2022–2029 (USD MILLION)
  • TABLE 50 AUSTRALIA & NEW ZEALAND: MODULAR CONSTRUCTION MARKET, BY END-USE INDUSTRY, 2022–2029 (THOUSAND SQUARE FEET)
  • TABLE 51 INDIA: MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2022–2029 (USD MILLION)
  • TABLE 52 INDIA: MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2022–2029 (THOUSAND SQUARE FEET)
  • TABLE 53 INDIA: MODULAR CONSTRUCTION MARKET, BY END-USE INDUSTRY, 2022–2029 (USD MILLION)
  • TABLE 54 INDIA: MODULAR CONSTRUCTION MARKET, BY END-USE INDUSTRY, 2022–2029 (THOUSAND SQUARE FEET)
  • TABLE 55 SOUTH KOREA: MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2022–2029 (USD MILLION)
  • TABLE 56 SOUTH KOREA: MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2022–2029 (THOUSAND SQUARE FEET)
  • TABLE 57 SOUTH KOREA: MODULAR CONSTRUCTION MARKET, BY END-USE INDUSTRY, 2022–2029 (USD MILLION)
  • TABLE 58 SOUTH KOREA: MODULAR CONSTRUCTION MARKET, BY END-USE INDUSTRY, 2022–2029 (THOUSAND SQUARE FEET)
  • TABLE 59 REST OF ASIA PACIFIC: MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2022–2029 (USD MILLION)
  • TABLE 60 REST OF ASIA PACIFIC: MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2022–2029 (THOUSAND SQUARE FEET)
  • TABLE 61 REST OF ASIA PACIFIC: MODULAR CONSTRUCTION MARKET, BY END-USE INDUSTRY, 2022–2029 (USD MILLION)
  • TABLE 62 REST OF ASIA PACIFIC: MODULAR CONSTRUCTION MARKET, BY END-USE INDUSTRY, 2022–2029 (THOUSAND SQUARE FEET)
  • TABLE 63 NORTH AMERICA: MODULAR CONSTRUCTION MARKET, BY COUNTRY, 2022–2029 (USD MILLION)
  • TABLE 64 NORTH AMERICA: MODULAR CONSTRUCTION MARKET, BY COUNTRY, 2022–2029 (THOUSAND SQUARE FEET)
  • TABLE 65 NORTH AMERICA: MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2018–2021 (USD MILLION)
  • TABLE 66 NORTH AMERICA: MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2018–2021 (THOUSAND SQUARE FEET)
  • TABLE 67 NORTH AMERICA: MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2022–2029 (USD MILLION)
  • TABLE 68 NORTH AMERICA: MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2022–2029 (THOUSAND SQUARE FEET)
  • TABLE 69 NORTH AMERICA: MODULAR CONSTRUCTION MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)
  • TABLE 70 NORTH AMERICA: MODULAR CONSTRUCTION MARKET, BY END-USE INDUSTRY, 2018–2021 (THOUSAND SQUARE FEET)
  • TABLE 71 NORTH AMERICA: MODULAR CONSTRUCTION MARKET, BY END-USE INDUSTRY, 2022–2029 (USD MILLION)
  • TABLE 72 NORTH AMERICA: MODULAR CONSTRUCTION MARKET, BY END-USE INDUSTRY, 2022–2029 (THOUSAND SQUARE FEET)
  • TABLE 73 US: MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2022–2029 (USD MILLION)
  • TABLE 74 US: MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2022–2029 (THOUSAND SQUARE FEET)
  • TABLE 75 US: MODULAR CONSTRUCTION MARKET, BY END-USE INDUSTRY, 2022–2029 (USD MILLION)
  • TABLE 76 US: MODULAR CONSTRUCTION MARKET, BY END-USE INDUSTRY, 2022–2029 (THOUSAND SQUARE FEET)
  • TABLE 77 CANADA: MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2022–2029 (USD MILLION)
  • TABLE 78 CANADA: MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2022–2029 (THOUSAND SQUARE FEET)
  • TABLE 79 CANADA: MODULAR CONSTRUCTION MARKET, BY END-USE INDUSTRY, 2022–2029 (USD MILLION)
  • TABLE 80 CANADA: MODULAR CONSTRUCTION MARKET, BY END-USE INDUSTRY, 2022–2029 (THOUSAND SQUARE FEET)
  • TABLE 81 MEXICO: MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2022–2029 (USD MILLION)
  • TABLE 82 MEXICO: MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2022–2029 (THOUSAND SQUARE FEET)
  • TABLE 83 MEXICO: MODULAR CONSTRUCTION MARKET, BY END-USE INDUSTRY, 2022–2029 (USD MILLION)
  • TABLE 84 MEXICO: MODULAR CONSTRUCTION MARKET, BY END-USE INDUSTRY, 2022–2029 (THOUSAND SQUARE FEET)
  • TABLE 85 EUROPE: MODULAR CONSTRUCTION MARKET, BY COUNTRY, 2022–2029 (USD MILLION)
  • TABLE 86 EUROPE: MODULAR CONSTRUCTION MARKET, BY COUNTRY, 2022–2029 (THOUSAND SQUARE FEET)
  • TABLE 87 EUROPE: MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2018–2021 (USD MILLION)
  • TABLE 88 EUROPE: MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2018–2021 (THOUSAND SQUARE FEET)
  • TABLE 89 EUROPE: MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2022–2029 (USD MILLION)
  • TABLE 90 EUROPE: MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2022–2029 (THOUSAND SQUARE FEET)
  • TABLE 91 EUROPE: MODULAR CONSTRUCTION MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)
  • TABLE 92 EUROPE: MODULAR CONSTRUCTION MARKET, BY END-USE INDUSTRY, 2018–2021 (THOUSAND SQUARE FEET)
  • TABLE 93 EUROPE: MODULAR CONSTRUCTION MARKET, BY END-USE INDUSTRY, 2022–2029 (USD MILLION)
  • TABLE 94 EUROPE: MODULAR CONSTRUCTION MARKET, BY END-USE INDUSTRY, 2022–2029 (THOUSAND SQUARE FEET)
  • TABLE 95 EUROPE: MODULAR CONSTRUCTION MARKET, BY CONSTRUCTION, 2022–2029 (USD MILLION)
  • TABLE 96 EUROPE: MODULAR CONSTRUCTION MARKET, BY CONSTRUCTION, 2022–2029 (THOUSAND SQUARE FEET)
  • TABLE 97 GERMANY: MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2022–2029 (USD MILLION)
  • TABLE 98 GERMANY: MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2022–2029 (THOUSAND SQUARE FEET)
  • TABLE 99 GERMANY: MODULAR CONSTRUCTION MARKET, BY END-USE INDUSTRY, 2022–2029 (USD MILLION)
  • TABLE 100 GERMANY: MODULAR CONSTRUCTION MARKET, BY END-USE INDUSTRY, 2022–2029 (THOUSAND SQUARE FEET)
  • TABLE 101 UK: MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2022–2029 (USD MILLION)
  • TABLE 102 UK: MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2022–2029 (THOUSAND SQUARE FEET)
  • TABLE 103 UK: MODULAR CONSTRUCTION MARKET, BY END-USE INDUSTRY, 2022–2029 (USD MILLION)
  • TABLE 104 UK: MODULAR CONSTRUCTION MARKET, BY END-USE INDUSTRY, 2022–2029 (THOUSAND SQUARE FEET)
  • TABLE 105 FRANCE: MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2022–2029 (USD MILLION)
  • TABLE 106 FRANCE: MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2022–2029 (THOUSAND SQUARE FEET)
  • TABLE 107 FRANCE: MODULAR CONSTRUCTION MARKET, BY END-USE INDUSTRY, 2022–2029 (USD MILLION)
  • TABLE 108 FRANCE: MODULAR CONSTRUCTION MARKET, BY END-USE INDUSTRY, 2022–2029 (THOUSAND SQUARE FEET)
  • TABLE 109 ITALY: MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2022–2029 (USD MILLION)
  • TABLE 110 ITALY: MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2022–2029 (THOUSAND SQUARE FEET)
  • TABLE 111 ITALY: MODULAR CONSTRUCTION MARKET, BY END-USE INDUSTRY, 2022–2029 (USD MILLION)
  • TABLE 112 ITALY: MODULAR CONSTRUCTION MARKET, BY END-USE INDUSTRY, 2022–2029 (THOUSAND SQUARE FEET)
  • TABLE 113 SPAIN: MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2022–2029 (USD MILLION)
  • TABLE 114 SPAIN: MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2022–2029 (THOUSAND SQUARE FEET)
  • TABLE 115 SPAIN: MODULAR CONSTRUCTION MARKET, BY END-USE INDUSTRY, 2022–2029 (USD MILLION)
  • TABLE 116 SPAIN: MODULAR CONSTRUCTION MARKET, BY END-USE INDUSTRY, 2022–2029 (THOUSAND SQUARE FEET)
  • TABLE 117 RUSSIA: MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2022–2029 (USD MILLION)
  • TABLE 118 RUSSIA: MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2022–2029 (THOUSAND SQUARE FEET)
  • TABLE 119 RUSSIA: MODULAR CONSTRUCTION MARKET, BY END-USE INDUSTRY, 2022–2029 (USD MILLION)
  • TABLE 120 RUSSIA: MODULAR CONSTRUCTION MARKET, BY END-USE INDUSTRY, 2022–2029 (THOUSAND SQUARE FEET)
  • TABLE 121 AUSTRIA: MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2022–2029 (USD MILLION)
  • TABLE 122 AUSTRIA: MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2022–2029 (THOUSAND SQUARE FEET)
  • TABLE 123 AUSTRIA: MODULAR CONSTRUCTION MARKET, BY END-USE INDUSTRY, 2022–2029 (USD MILLION)
  • TABLE 124 AUSTRIA: MODULAR CONSTRUCTION MARKET, BY END-USE INDUSTRY, 2022–2029 (THOUSAND SQUARE FEET)
  • TABLE 125 POLAND: MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2022–2029 (USD MILLION)
  • TABLE 126 POLAND: MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2022–2029 (THOUSAND SQUARE FEET)
  • TABLE 127 POLAND: MODULAR CONSTRUCTION MARKET, BY END-USE INDUSTRY, 2022–2029 (USD MILLION)
  • TABLE 128 POLAND: MODULAR CONSTRUCTION MARKET, BY END-USE INDUSTRY, 2022–2029 (THOUSAND SQUARE FEET)
  • TABLE 129 REST OF EUROPE: MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2022–2029 (USD MILLION)
  • TABLE 130 REST OF EUROPE: MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2022–2029 (THOUSAND SQUARE FEET)
  • TABLE 131 REST OF EUROPE: MODULAR CONSTRUCTION MARKET, BY END-USE INDUSTRY, 2022–2029 (USD MILLION)
  • TABLE 132 REST OF EUROPE: MODULAR CONSTRUCTION MARKET, BY END-USE INDUSTRY, 2022–2029 (THOUSAND SQUARE FEET)
  • TABLE 133 MIDDLE EAST & AFRICA: MODULAR CONSTRUCTION MARKET, BY COUNTRY, 2022–2029 (USD MILLION)
  • TABLE 134 MIDDLE EAST & AFRICA: MODULAR CONSTRUCTION MARKET, BY COUNTRY, 2022–2029 (THOUSAND SQUARE FEET)
  • TABLE 135 MIDDLE EAST & AFRICA: MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2018–2021 (USD MILLION)
  • TABLE 136 MIDDLE EAST & AFRICA: MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2018–2021 (THOUSAND SQUARE FEET)
  • TABLE 137 MIDDLE EAST & AFRICA: MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2022–2029 (USD MILLION)
  • TABLE 138 MIDDLE EAST & AFRICA: MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2022–2029 (THOUSAND SQUARE FEET)
  • TABLE 139 MIDDLE EAST & AFRICA: MODULAR CONSTRUCTION MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)
  • TABLE 140 MIDDLE EAST & AFRICA: MODULAR CONSTRUCTION MARKET, BY END-USE INDUSTRY, 2018–2021 (THOUSAND SQUARE FEET)
  • TABLE 141 MIDDLE EAST & AFRICA: MODULAR CONSTRUCTION MARKET, BY END-USE INDUSTRY, 2022–2029 (USD MILLION)
  • TABLE 142 MIDDLE EAST & AFRICA: MODULAR CONSTRUCTION MARKET, BY END-USE INDUSTRY, 2022–2029 (THOUSAND SQUARE FEET)
  • TABLE 143 GCC: MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2022–2029 (USD MILLION)
  • TABLE 144 GCC: MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2022–2029 (THOUSAND SQUARE FEET)
  • TABLE 145 GCC: MODULAR CONSTRUCTION MARKET, BY END-USE INDUSTRY, 2022–2029 (USD MILLION)
  • TABLE 146 GCC: MODULAR CONSTRUCTION MARKET, BY END-USE INDUSTRY, 2022–2029 (THOUSAND SQUARE FEET)
  • TABLE 147 SAUDI ARABIA: MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2022–2029 (USD MILLION)
  • TABLE 148 SAUDI ARABIA: MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2022–2029 (THOUSAND SQUARE FEET)
  • TABLE 149 SAUDI ARABIA: MODULAR CONSTRUCTION MARKET, BY END-USE INDUSTRY, 2022–2029 (USD MILLION)
  • TABLE 150 SAUDI ARABIA: MODULAR CONSTRUCTION MARKET, BY END-USE INDUSTRY, 2022–2029 (THOUSAND SQUARE FEET)
  • TABLE 151 UAE: MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2022–2029 (USD MILLION)
  • TABLE 152 UAE: MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2022–2029 (THOUSAND SQUARE FEET)
  • TABLE 153 UAE: MODULAR CONSTRUCTION MARKET, BY END-USE INDUSTRY, 2022–2029 (USD MILLION)
  • TABLE 154 UAE: MODULAR CONSTRUCTION MARKET, BY END-USE INDUSTRY, 2022–2029 (THOUSAND SQUARE FEET)
  • TABLE 155 REST OF GCC: MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2022–2029 (USD MILLION)
  • TABLE 156 REST OF GCC: MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2022–2029 (THOUSAND SQUARE FEET)
  • TABLE 157 REST OF GCC: MODULAR CONSTRUCTION MARKET, BY END-USE INDUSTRY, 2022–2029 (USD MILLION)
  • TABLE 158 REST OF GCC: MODULAR CONSTRUCTION MARKET, BY END-USE INDUSTRY, 2022–2029 (THOUSAND SQUARE FEET)
  • TABLE 159 TURKEY: MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2022–2029 (USD MILLION)
  • TABLE 160 TURKEY: MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2022–2029 (THOUSAND SQUARE FEET)
  • TABLE 161 TURKEY: MODULAR CONSTRUCTION MARKET, BY END-USE INDUSTRY, 2022–2029 (USD MILLION)
  • TABLE 162 TURKEY: MODULAR CONSTRUCTION MARKET, BY END-USE INDUSTRY, 2022–2029 (THOUSAND SQUARE FEET)
  • TABLE 163 SOUTH AFRICA: MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2022–2029 (USD MILLION)
  • TABLE 164 SOUTH AFRICA: MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2022–2029 (THOUSAND SQUARE FEET)
  • TABLE 165 SOUTH AFRICA: MODULAR CONSTRUCTION MARKET, BY END-USE INDUSTRY, 2022–2029 (USD MILLION)
  • TABLE 166 SOUTH AFRICA: MODULAR CONSTRUCTION MARKET, BY END-USE INDUSTRY, 2022–2029 (THOUSAND SQUARE FEET)
  • TABLE 167 REST OF MIDDLE EAST & AFRICA: MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2022–2029 (USD MILLION)
  • TABLE 168 REST OF MIDDLE EAST & AFRICA: MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2022–2029 (THOUSAND SQUARE FEET)
  • TABLE 169 REST OF MIDDLE EAST & AFRICA: MODULAR CONSTRUCTION MARKET, BY END-USE INDUSTRY, 2022–2029 (USD MILLION)
  • TABLE 170 REST OF MIDDLE EAST & AFRICA: MODULAR CONSTRUCTION MARKET, BY END-USE INDUSTRY, 2022–2029 (THOUSAND SQUARE FEET)
  • TABLE 171 SOUTH AMERICA: MODULAR CONSTRUCTION MARKET, BY COUNTRY, 2022–2029 (USD MILLION)
  • TABLE 172 SOUTH AMERICA: MODULAR CONSTRUCTION MARKET, BY COUNTRY, 2022–2029 (THOUSAND SQUARE FEET)
  • TABLE 173 SOUTH AMERICA: MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2018–2021 (USD MILLION)
  • TABLE 174 SOUTH AMERICA: MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2018–2021 (THOUSAND SQUARE FEET)
  • TABLE 175 SOUTH AMERICA: MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2022–2029 (USD MILLION)
  • TABLE 176 SOUTH AMERICA: MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2022–2029 (THOUSAND SQUARE FEET)
  • TABLE 177 SOUTH AMERICA: MODULAR CONSTRUCTION MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)
  • TABLE 178 SOUTH AMERICA: MODULAR CONSTRUCTION MARKET, BY END-USE INDUSTRY, 2018–2021 (THOUSAND SQUARE FEET)
  • TABLE 179 SOUTH AMERICA: MODULAR CONSTRUCTION MARKET, BY END-USE INDUSTRY, 2022–2029 (USD MILLION)
  • TABLE 180 SOUTH AMERICA: MODULAR CONSTRUCTION MARKET, BY END-USE INDUSTRY, 2022–2029 (THOUSAND SQUARE FEET)
  • TABLE 181 BRAZIL: MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2022–2029 (USD MILLION)
  • TABLE 182 BRAZIL: MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2022–2029 (THOUSAND SQUARE FEET)
  • TABLE 183 BRAZIL: MODULAR CONSTRUCTION MARKET, BY END-USE INDUSTRY, 2022–2029 (USD MILLION)
  • TABLE 184 BRAZIL: MODULAR CONSTRUCTION MARKET, BY END-USE INDUSTRY, 2022–2029 (THOUSAND SQUARE FEET)
  • TABLE 185 ARGENTINA: MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2022–2029 (USD MILLION)
  • TABLE 186 ARGENTINA: MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2022–2029 (THOUSAND SQUARE FEET)
  • TABLE 187 ARGENTINA: MODULAR CONSTRUCTION MARKET, BY END-USE INDUSTRY, 2022–2029 (USD MILLION)
  • TABLE 188 ARGENTINA: MODULAR CONSTRUCTION MARKET, BY END-USE INDUSTRY, 2022–2029 (THOUSAND SQUARE FEET)
  • TABLE 189 REST OF SOUTH AMERICA: MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2022–2029 (USD MILLION)
  • TABLE 190 REST OF SOUTH AMERICA: MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2022–2029 (THOUSAND SQUARE FEET)
  • TABLE 191 REST OF SOUTH AMERICA: MODULAR CONSTRUCTION MARKET, BY END-USE INDUSTRY, 2022–2029 (USD MILLION)
  • TABLE 192 REST OF SOUTH AMERICA: MODULAR CONSTRUCTION MARKET, BY END-USE INDUSTRY, 2022–2029 (THOUSAND SQUARE FEET)
  • TABLE 193 OVERVIEW OF STRATEGIES ADOPTED BY KEY MODULAR CONSTRUCTION PLAYERS
  • TABLE 194 MODULAR CONSTRUCTION MARKET: DEGREE OF COMPETITION
  • TABLE 195 MODULAR CONSTRUCTION MARKET: REGIONAL FOOTPRINT (19 COMPANIES)
  • TABLE 196 MODULAR CONSTRUCTION MARKET: MATERIAL FOOTPRINT (19 COMPANIES)
  • TABLE 197 MODULAR CONSTRUCTION MARKET: TYPE FOOTPRINT (19 COMPANIES)
  • TABLE 198 MODULAR CONSTRUCTION MARKET: END-USE INDUSTRY FOOTPRINT (19 COMPANIES)
  • TABLE 199 MODULAR CONSTRUCTION MARKET: DETAILED LIST OF KEY STARTUPS/SMES
  • TABLE 200 MODULAR CONSTRUCTION MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES
  • TABLE 201 MODULAR CONSTRUCTION MARKET: PRODUCT LAUNCHES, JANUARY 2019–DECEMBER 2023
  • TABLE 202 MODULAR CONSTRUCTION MARKET: DEALS, JANUARY 2019–DECEMBER 2023
  • TABLE 203 MODULAR CONSTRUCTION MARKET: EXPANSIONS, JANUARY 2019–DECEMBER 2023
  • TABLE 204 MODULAR CONSTRUCTION MARKET: OTHER DEVELOPMENTS, JANUARY 2019–MARCH 2024
  • TABLE 205 LAING O’ROURKE: COMPANY OVERVIEW
  • TABLE 206 LAING O’ROURKE: PRODUCT LAUNCHES, JANUARY 2019–DECEMBER 2023
  • TABLE 207 LAING O’ROURKE: DEALS, JANUARY 2019–DECEMBER 2023
  • TABLE 208 LAING O’ROURKE: OTHER DEVELOPMENTS, JANUARY 2019–FEBRUARY 2024
  • TABLE 209 RED SEA INTERNATIONAL: COMPANY OVERVIEW
  • TABLE 210 RED SEA INTERNATIONAL: DEALS, JANUARY 2019–DECEMBER 2023
  • TABLE 211 RED SEA INTERNATIONAL: OTHER DEVELOPMENTS, JANUARY 2019–FEBRUARY 2024
  • TABLE 212 SKANSA AB: BUSINESS OVERVIEW
  • TABLE 213 SKANSKA AB: DEALS, JANUARY 2019–DECEMBER 2023
  • TABLE 214 SKANSKA AB: OTHER DEVELOPMENTS, JANUARY 2019–FEBRUARY 2024
  • TABLE 215 ATCO LTD.: COMPANY OVERVIEW
  • TABLE 216 ATCO LTD.: DEALS, JANUARY 2019–DECEMBER 2023
  • TABLE 217 ATCO LTD.: OTHER DEVELOPMENTS, JANUARY 2019–FEBRUARY 2024
  • TABLE 218 MODULAIRE GROUP: BUSINESS OVERVIEW
  • TABLE 219 MODULAIRE GROUP: DEALS, JANUARY 2019–DECEMBER 2023
  • TABLE 220 KLEUSBERG GMBH & CO. KG: COMPANY OVERVIEW
  • TABLE 221 KLEUSBERG GMBH & CO. KG: PRODUCT LAUNCHES, JANUARY 2019–DECEMBER 2023
  • TABLE 222 KLEUSBERG GMBH & CO. KG: EXPANSIONS, JANUARY 2019–DECEMBER 2023
  • TABLE 223 KLEUSBERG GMBH & CO. KG: OTHER DEVELOPMENTS, JANUARY 2019–FEBRUARY 2024
  • TABLE 224 LENDLEASE CORPORATION: COMPANY OVERVIEW
  • TABLE 225 LENDLEASE CORPORATION: PRODUCT LAUNCHES, JANUARY 2019–DECEMBER 2023
  • TABLE 226 LENDLEASE CORPORATION: DEALS, JANUARY 2019–DECEMBER 2023
  • TABLE 227 BECHTEL CORPORATION: COMPANY OVERVIEW
  • TABLE 228 BECHTEL CORPORATION: DEALS, JANUARY 2019–DECEMBER 2023
  • TABLE 229 BECHTEL CORPORATION: OTHER DEVELOPMENTS, JANUARY 2019–FEBRUARY 2024
  • TABLE 230 FLUOR CORPORATION: COMPANY OVERVIEW
  • TABLE 231 FLUOR CORPORATION: DEALS, JANUARY 2019–DECEMBER 2023
  • TABLE 232 FLUOR CORPORATION: OTHER DEVELOPMENTS, JANUARY 2019–FEBRUARY 2024
  • TABLE 233 BOUYGUES CONSTRUCTION: COMPANY OVERVIEW
  • TABLE 234 VINCI S.A.: COMPANY OVERVIEW
  • TABLE 235 KWIKSPACE MODULAR BUILDINGS: COMPANY OVERVIEW
  • TABLE 236 WESTCHESTER MODULAR HOMES, INC.: COMPANY OVERVIEW
  • TABLE 237 WERNICK GROUP LIMITED: COMPANY OVERVIEW
  • TABLE 238 KOMA MODULAR: COMPANY OVERVIEW
  • TABLE 239 ELEMENTS EUROPE: COMPANY OVERVIEW
  • TABLE 240 PREMIER MODULAR: COMPANY OVERVIEW
  • TABLE 241 THE ALHO GROUP: COMPANY OVERVIEW
  • TABLE 242 INVESTWOOD, SA: COMPANY OVERVIEW
  • TABLE 243 BROAD GROUP: COMPANY OVERVIEW
  • TABLE 244 MIGHTY BUILDINGS, INC.: COMPANY OVERVIEW
  • TABLE 245 FACTORY_OS: COMPANY OVERVIEW
  • TABLE 246 BLOKABLE INC.: COMPANY OVERVIEW
  • TABLE 247 MODULOUS: COMPANY OVERVIEW
  • TABLE 248 NEXII BUILDING SOLUTIONS: COMPANY OVERVIEW
  • TABLE 249 DUBOX: COMPANY OVERVIEW
  • TABLE 250 CONNECT HOMES: COMPANY OVERVIEW
  • TABLE 251 GUERDON, LLC.: COMPANY OVERVIEW
  • TABLE 252 PRE-ENGINEERED BUILDINGS MARKET
  • TABLE 253 PRE-ENGINEERED BUILDINGS MARKET, BY STRUCTURE, 2017–2024 (USD MILLION)
  • TABLE 254 PRE-ENGINEERED BUILDINGS MARKET, BY STRUCTURE, 2017–2024 (MILLION SQUARE FEET)
  • TABLE 255 PRE-ENGINEERED BUILDINGS MARKET, BY APPLICATION, 2017–2024 (USD MILLION)
  • TABLE 256 PRE-ENGINEERED BUILDINGS MARKET, BY APPLICATION, 2017–2024 (MILLION SQUARE FEET)
  • TABLE 257 PRE-ENGINEERED BUILDINGS MARKET, BY REGION, 2017–2024 (USD MILLION)
  • TABLE 258 PRE-ENGINEERED BUILDINGS MARKET, BY REGION, 2017–2024 (MILLION SQUARE FEET)
LIST OF FIGURES
 
  • FIGURE 1 MODULAR CONSTRUCTION MARKET SEGMENTATION
  • FIGURE 2 MODULAR CONSTRUCTION MARKET, BY REGION
  • FIGURE 3 MODULAR CONSTRUCTION MARKET: RESEARCH DESIGN
  • FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
  • FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
  • FIGURE 6 MODULAR CONSTRUCTION MARKET: DATA TRIANGULATION
  • FIGURE 7 PERMANENT MODULAR SEGMENT TO LEAD MARKET BY 2029
  • FIGURE 8 WOOD TO LEAD MODULAR CONSTRUCTION MARKET DURING FORECAST PERIOD
  • FIGURE 9 HEALTHCARE SEGMENT TO GROW AT FASTEST RATE DURING FORECAST PERIOD
  • FIGURE 10 ASIA PACIFIC LED MODULAR CONSTRUCTION MARKET IN 2023
  • FIGURE 11 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN MODULAR CONSTRUCTION MARKET
  • FIGURE 12 PERMANENT MODULAR CONSTRUCTION ACCOUNTED FOR LARGER SHARE IN TERMS OF VOLUME
  • FIGURE 13 RESIDENTIAL ACCOUNTED FOR LARGEST SHARE IN TERMS OF VOLUME
  • FIGURE 14 MODULAR CONSTRUCTION MARKET IN CHINA TO GROW AT HIGHEST CAGR
  • FIGURE 15 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN MODULAR CONSTRUCTION MARKET
  • FIGURE 16 PERCENTAGE ANNUAL GROWTH RATE FOR INDUSTRY INCLUDING CONSTRUCTION
  • FIGURE 17 INCREASING POPULATION TREND IN DIFFERENT REGIONS
  • FIGURE 18 BUILDINGS 200 METERS OR TALLER COMPLETED IN 2022, BY REGION
  • FIGURE 19 REVENUE SHIFT FOR MODULAR CONSTRUCTION MANUFACTURERS
  • FIGURE 20 AVERAGE SELLING PRICE TREND OF MODULAR CONSTRUCTION OF KEY PLAYERS, BY TOP 3 END-USE INDUSTRIES
  • FIGURE 21 AVERAGE SELLING PRICE TREND, BY REGION (USD/SQUARE FOOT)
  • FIGURE 22 SUPPLY CHAIN ANALYSIS
  • FIGURE 23 VALUE CHAIN ANALYSIS
  • FIGURE 24 ECOSYSTEM MAPPING
  • FIGURE 25 ECOSYSTEM MAPPING ANALYSIS
  • FIGURE 26 LIST OF MAJOR PATENTS FOR MODULAR CONSTRUCTION MARKET (2014–2023)
  • FIGURE 27 EXPORT SCENARIO, HS CODE 9406: PREFABRICATED BUILDINGS, WHETHER OR NOT COMPLETE OR ALREADY ASSEMBLED (USD MILLION)
  • FIGURE 28 IMPORT SCENARIO, HS CODE 9406: PREFABRICATED BUILDINGS, WHETHER OR NOT COMPLETE OR ALREADY ASSEMBLED (USD MILLION)
  • FIGURE 29 PORTER’S FIVE FORCES ANALYSIS
  • FIGURE 30 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS
  • FIGURE 31 KEY BUYING CRITERIA FOR TOP THREE END-USE INDUSTRIES
  • FIGURE 32 INVESTMENT AND FUNDING SCENARIO
  • FIGURE 33 PERMANENT MODULAR CONSTRUCTION TO DOMINATE MARKET DURING FORECAST PERIOD
  • FIGURE 34 STEEL TO BE FASTEST-GROWING SEGMENT DURING FORECAST PERIOD
  • FIGURE 35 RESIDENTIAL SEGMENT TO LEAD MARKET DURING FORECAST PERIOD
  • FIGURE 36 CHINA TO RECORD FASTEST GROWTH DURING FORECAST PERIOD
  • FIGURE 37 ASIA PACIFIC MARKET TO RECORD FASTEST GROWTH DURING FORECAST PERIOD
  • FIGURE 38 ASIA PACIFIC: MODULAR CONSTRUCTION MARKET SNAPSHOT
  • FIGURE 39 NORTH AMERICA: MODULAR CONSTRUCTION MARKET SNAPSHOT
  • FIGURE 40 REVENUE ANALYSIS FOR KEY COMPANIES IN MODULAR CONSTRUCTION MARKET, 2019–2023
  • FIGURE 41 MODULAR CONSTRUCTION: MARKET SHARE ANALYSIS
  • FIGURE 42 COMPANY VALUATION (USD BILLION)
  • FIGURE 43 FINANCIAL MATRIX: EV/EBITDA RATIO
  • FIGURE 44 MODULAR CONSTRUCTION MARKET: PRODUCT COMPARISON
  • FIGURE 45 COMPANY EVALUATION MATRIX, 2023
  • FIGURE 46 MODULAR CONSTRUCTION MARKET: COMPANY FOOTPRINT
  • FIGURE 47 START-UPS/SMES EVALUATION MATRIX: MODULAR CONSTRUCTION MARKET, 2023
  • FIGURE 48 LAING O’ROURKE: COMPANY SNAPSHOT
  • FIGURE 49 RED SEA INTERNATIONAL: COMPANY SNAPSHOT
  • FIGURE 50 SKANSA AB: COMPANY SNAPSHOT
  • FIGURE 51 ATCO LTD.: COMPANY SNAPSHOT
  • FIGURE 52 LENDLEASE CORPORATION: COMPANY SNAPSHOT
  • FIGURE 53 BECHTEL CORPORATION: COMPANY SNAPSHOT
  • FIGURE 54 FLUOR CORPORATION: COMPANY SNAPSHOT
  • FIGURE 55 BOUYGUES CONSTRUCTION: COMPANY SNAPSHOT
  • FIGURE 56 VINCI S.A.: COMPANY SNAPSHOT

Methodology

The study involved four major activities for estimating the current global size of the modular construction market. Exhaustive secondary research was conducted to gather information on the market, the peer market, and the parent market. The next step was to validate these findings, assumptions, and sizes with the industry experts across the value chain of modular construction through primary research. Both the top-down and bottom-up approaches were employed to estimate the overall size of the modular construction market. After that, market breakdown and data triangulation procedures were used to determine the size of different segments and sub-segments of the market.

Secondary Research

In the secondary research process, various secondary sources such as Hoovers, Factiva, Bloomberg BusinessWeek, and Dun & Bradstreet were referred to, to identify and collect information for this study on the modular construction market. These secondary sources included annual reports, press releases & investor presentations of companies, white papers, certified publications, articles by recognized authors, regulatory bodies, trade directories, and databases.

Primary Research

Various primary sources from both the supply and demand sides of the modular construction market were interviewed to obtain qualitative and quantitative information. The primary sources from the supply-side included industry experts, such as Chief Executive Officers (CEOs), vice presidents, marketing directors, sales professionals, and related key executives from various leading companies and organizations operating in the modular construction industry. The breakdown of the profiles of primary respondents is as follows:

BREAKDOWN OF PRIMARY INTERVIEWS

Modular Construction Market Size, and Share

Notes: Companies are classified based on their revenue–Tier 1 = >USD 7 billion, Tier 2 = USD 500 million to USD 7 billion, and Tier 3 =

Others include sales, marketing, and product managers.

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both the top-down and bottom-up approaches were used to estimate and validate the global size of the modular construction market. These approaches were also used extensively to estimate the size of various dependent segments of the market. The research methodology used to estimate the market size included the following details:

  • The key players were identified through extensive secondary research.
  • The industry’s supply chain and market size, in terms of value, were determined through primary and secondary research processes.
  • All percentage shares, split, and breakdowns were determined using secondary sources and verified through primary sources.
  • All possible parameters that affect the markets covered in this research study were accounted for, viewed in extensive detail, verified through primary research, and analysed to obtain the final quantitative and qualitative data.
  • The research includes the study of reports, reviews, and newsletters of key industry players, along with extensive interviews with key officials, such as directors and marketing executives.

Data Triangulation

Modular Construction Market Top Down and Bottom Up Approach

After arriving at the overall market size from the estimation process explained above, the total market was split into several segments and sub-segments. The data triangulation and market breakdown procedures were employed, wherever applicable, to complete the overall market engineering process and arrive at the exact statistics for all segments and sub-segments of the modular construction market. The data was triangulated by studying various factors and trends from both the demand- and supply-side. In addition, the market size was validated by using both the top-down and bottom-up approaches. Then, it was verified through primary interviews. Hence, for every data segment, there are three sources—top-down approach, bottom-up approach, and expert interviews. The data were assumed to be correct when the values arrived at from the three sources matched.

Market Definition

The modular construction market refers to the industry sector encompassing the design, fabrication, and assembly of building components in controlled factory environments for subsequent installation at construction sites. This approach to construction involves the prefabrication of standardized modules or components, which are then transported and assembled on-site to create structures ranging from residential homes and commercial buildings to industrial facilities and infrastructure projects.

Key Stakeholders

  • Raw material suppliers
  • Modular construction manufacturers
  • Government & regulatory bodies
  • Research organizations
  • Associations and industry bodies
  • Contractors, architects, and engineers
  • End users
  • Traders and distributors

Report Objectives

  • To estimate and forecast the modular construction market, in terms of value and volume.
  • To provide detailed information about the major factors (drivers, restraints, opportunities, and challenges) influencing the market growth.
  • To define, describe, and forecast the market size, based on type, material, end-use industry, and region.
  • To forecast the market size along with segments and submarkets, in key regions: North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), and South America along with their key countries.
  • To strategically analyze micromarkets, with respect to individual growth trends, prospects, and their contribution to the total market.
  • To analyze growth opportunities in the market for stakeholders and provide details on the competitive landscape for market leaders.
  • To strategically profile key players and comprehensively analyze their market shares and core competencies.
  • To analyze competitive developments, such as merger & acquisition, expansion & investment, agreement, and new product development in the modular construction market.

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The following customization options are available for the modular construction report:

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  • Detailed analysis and profiling of additional market players (up to five)

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