Modular Construction Market

Modular Construction Market by Type (Permanent, Relocatable), Module, Material (Wood, Steel, Concrete), End-Use Industry (Residential, Office, Education, Retail & Commercial, Hospitality, Healthcare), Region - Global Forecast to 2029

Report Code: BC 6498 Apr, 2024, by marketsandmarkets.com

Modular Construction Market

The global modular construction market size is projected to grow from USD 104.1 billion in 2024 to USD 140.8 billion by 2029, at a CAGR of 6.2% during the forecast period.

Modular construction revolutionizes traditional building methods by prefabricating standardized modules or components off-site in controlled factory conditions before assembling them on-site to create structures. This innovative approach offers numerous advantages, including faster project completion times, reduced construction costs, and improved quality control. Moreover, modular construction promotes sustainability by minimizing material waste and energy consumption compared to conventional construction methods. Its versatility allows for the creation of diverse building types, from residential homes and commercial buildings to educational facilities and healthcare centers. As a result, modular construction has gained popularity worldwide as an efficient, cost-effective, and sustainable solution to meet the evolving needs of the construction industry.

Attractive Opportunities in the Modular Construction Market

Modular Construction Market

To know about the assumptions considered for the study, Request for Free Sample Report

Modular Construction Market

Modular Construction Market Dynamics

Driver: Increasing focus on workplace safety and sustainability

The increasing focus on workplace safety and the imperative to reduce construction waste have emerged as significant drivers of the modular construction market, contributing to its sustainability. Modular construction inherently promotes a safer work environment by shifting much of the construction process to controlled factory settings, minimizing on-site risks associated with traditional building methods. Moreover, the precision manufacturing techniques employed in modular construction reduce material waste and optimize resource utilization, leading to a more sustainable construction process. By streamlining production and assembly processes, modular construction also reduces energy consumption and carbon emissions associated with transportation and on-site construction activities. Overall, the emphasis on workplace safety and sustainability underscores the growing importance of modular construction as a viable solution for meeting the demands of modern construction while minimizing environmental impact.

Restraint: Lack of proper recycling infrastructure

The risk of transportation and assembly issues poses a significant restraint in the modular construction market. While modular construction offers numerous benefits, including faster project completion times and reduced on-site construction risks, the transportation and assembly of prefabricated modules can present logistical challenges. Transportation of large modular components to construction sites may encounter delays, especially when navigating through congested urban areas or facing adverse weather conditions. Additionally, the assembly process requires precise coordination and skilled labour to ensure proper alignment and integration of modules, which can be complicated by unforeseen site conditions or discrepancies in dimensions. These transportation and assembly issues can result in project delays, increased costs, and potential quality issues, thereby dampening the widespread adoption of modular construction.

Opportunity: The growing population and urbanisation increasing the number of construction projects

The burgeoning global population and rapid urbanization present a significant market opportunity for the modular construction industry. With more people migrating to urban centers, there is a pressing need for efficient and sustainable solutions to accommodate the increasing demand for housing, infrastructure, and commercial spaces. Modular construction offers a compelling solution by streamlining the building process, reducing construction time, and mitigating the challenges associated with traditional construction methods in densely populated urban areas. Additionally, the versatility and scalability of modular construction make it well-suited for addressing diverse housing needs, from affordable housing projects to luxury developments, as well as commercial and institutional buildings. By leveraging modular construction techniques, developers and governments can accelerate construction timelines, alleviate housing shortages, and foster more resilient urban environments. As urbanization continues to accelerate worldwide, modular construction stands poised to play a pivotal role in meeting the evolving demands of rapidly growing cities and populations.

Challenge: Lack of experts

A significant challenge facing the modular construction market is the shortage of experts with specialized knowledge and skills in this field. Modular construction requires a unique set of expertise spanning design, manufacturing, logistics, and on-site assembly. However, the relatively niche nature of modular construction has led to a scarcity of professionals with hands-on experience and in-depth understanding of its intricacies. This shortage of experts can result in delays, quality issues, and cost overruns as projects struggle to find skilled personnel capable of managing and executing modular construction projects effectively. Addressing this challenge will require investment in training and education programs to cultivate a new generation of modular construction professionals and foster collaboration between industry stakeholders to share knowledge and best practices. By overcoming the lack of experts in the market, the modular construction industry can unlock its full potential and drive further growth and innovation in the built environment.

Modular Construction Market Ecosystem

Modular Construction Market by Region

By Material, Wood to have the highest market share in the forecast period

Wood is the largest segment in the modular construction market among steel, concrete, and wood due to several key factors. Firstly, wood is widely available and renewable. Additionally, wood is easy to work with, allowing for efficient transportation and assembly of modular components. Moreover, wood offers excellent thermal insulation properties, contributing to energy efficiency and sustainability in buildings. Furthermore, wood's aesthetic appeal and versatility make it a popular choice for a wide range of modular construction applications, including residential homes, commercial buildings, and educational facilities. Overall, these advantages position wood as the dominant segment in the modular construction market, driving its widespread adoption and continued growth.

By Type, permanent modular construction to have the highest market share in the forecast period

Permanent modular construction dominates the modular construction market primarily due to its versatility, durability, and ability to meet diverse building requirements. Unlike relocatable modular construction, which is typically used for temporary or semi-permanent structures, permanent modular construction offers long-lasting solutions suitable for various applications, including residential, commercial, and industrial buildings. Additionally, permanent modular construction provides greater design flexibility and customization options, allowing for the creation of aesthetically pleasing and architecturally diverse structures. Moreover, the quality control measures implemented in permanent modular construction ensure consistent standards of safety, quality, and durability, making it a preferred choice for developers, architects, and clients seeking reliable and resilient building solutions. Overall, the inherent advantages of permanent modular construction position it as the dominant player in the modular construction market for both permanent and relocatable types.

By end-use industry, the residential segment to register the highest CAGR in the forecast period

The residential segment stands out as the fastest-growing segment in the modular construction market among residential, office, healthcare, hospitality, education, and others due to several key factors. Firstly, the increasing global population and urbanization have led to a growing demand for housing solutions, particularly in densely populated urban areas. Modular construction offers a timely and efficient solution to address this demand by significantly reducing construction timelines and costs compared to traditional building methods. Additionally, the customizable nature of modular construction allows for a wide range of residential designs and configurations, catering to diverse housing needs and preferences. Furthermore, the inherent benefits of modular construction, such as enhanced quality control, reduced material waste, and improved sustainability, further contribute to its appeal in the residential sector. As a result, developers, homeowners, and governments are increasingly turning to modular construction to meet the pressing need for affordable, high-quality housing, driving the rapid growth of the residential segment in the modular construction market.

Asia Pacific dominated the market in 2023

The Asia-Pacific (APAC) region has emerged as the dominant force in the modular construction market among APAC, North America, Europe, South America, and the Middle East and Africa due to several key factors. Firstly, APAC countries, such as China, Japan, and India, are experiencing rapid urbanization and population growth, driving the demand for affordable and efficient construction solutions. Modular construction offers a viable solution to address this demand by providing faster project delivery times and cost-effective building methods. Additionally, governments in the APAC region are increasingly promoting modular construction as part of their sustainable development initiatives, encouraging its adoption through supportive policies and incentives. Furthermore, the presence of established modular construction manufacturers and suppliers in APAC, coupled with advancements in technology and manufacturing capabilities, has bolstered the region's dominance in the global modular construction market. Overall, the combination of burgeoning urbanization, government support, and industry expertise has propelled APAC to the forefront of the modular construction market, driving its continued dominance in the years to come.

Modular Construction Market by Region

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

Modular Construction Market Players

The Modular construction market comprises key manufacturers such as Laing O’Rourke (UK), Red Sea Housing (Saudi Arabia), Atco Ltd. (Canada), Skanska AB (Sweden), Modulaire Group (UK), Bechtel Corporation (US), Fluor Corporation (US), Lendlease Corporation (Australia), Kleusberg GmbH (Germany), and others. Expansions, collaborations, and deals were some of the major strategies adopted by these key players to enhance their positions in the modular construction market. A major focus was given to the new projects and contracts.

Read More: Modular Construction Companies

Modular Construction Market Report Scope

Report Metric

Details

Market size available for years

2022-2029

Base year considered

2023

Forecast period

2024-2029

Forecast units

Value (USD million/USD Billion) and Volume (Thousand Square Feet)

Segments Covered

Type, Material, Module, End-Use Industry, and Region

Geographies covered

North America, Asia Pacific, Europe, Middle East & Africa, and South America

Companies covered

Laing O’Rourke (UK), Red Sea Housing (Saudi Arabia), Atco Ltd. (Canada), Skanska AB (Sweden), Modulaire Group (UK), Kleusberg GmbH (Germany), Lendlease Corporation (Australia), Bechtel Corporation (US), Fluor Corporation (US).

This research report categorizes the modular construction market based on type, material, module, end-use sector, and region.

Modular Construction Market, Based on type:
  • Permanent
  • Relocatable
Modular Construction Market, Based on the Material:
Modular Construction Market, Based on the Module:
  • Four-sided
  • Open-sided
  • Partially open-sided
  • Mixed modules & floor cassettes
  • Modules supported by a primary structure
  • Others
Modular Construction Market, Based on the End-Use Sector:
  • Residential
  • Office
  • Education
  • Retail & Commercial
  • Hospitality
  • Healthcare
  • Others
Modular Construction Market, Based on the region:
  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • South America

Recent Developments

  • In 2021, the Chinese company Broad Group accomplished the construction of a modular 10-storey apartment block, known as the Living Building, in Changsha, China, in just over a day. The building was assembled by cranes assembling in 28 hours.
  • In July 2022, Robotics Australia Group and Laing O’Rourke entered a partnership to integrate robotic-related technologies in modular construction.

  • In December 2023, Red Sea International has entered into an agreement with Baker Hughes Company, a global leader in oilfield services. This four-year agreement entails the design, manufacture, supply, and operation of modular accommodation facilities in the Eastern Province, aimed at supporting oil exploration operations in the region.

  • In June 2021, Red Sea International was granted a contract by The Royal Commission for Al Ula (RCU) for the comprehensive design, construction, supply, and installation of 150 modular accommodation units.

  • In 2021, Skanska UK and Abri made a partnership to build over 750 modular homes in the UK in the next five years.

Frequently Asked Questions (FAQ):

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

 

TABLE OF CONTENTS
 
1 INTRODUCTION (Page No. - 27)
    1.1 STUDY OBJECTIVES 
    1.2 MARKET DEFINITION 
    1.3 MARKET SCOPE 
           1.3.1 MARKETS COVERED
                    FIGURE 1 MODULAR CONSTRUCTION MARKET SEGMENTATION
           1.3.2 YEARS CONSIDERED
           1.3.3 REGIONAL SCOPE
                    FIGURE 2 MODULAR CONSTRUCTION MARKET, BY REGION
    1.4 INCLUSIONS AND EXCLUSIONS 
          TABLE 1 INCLUSIONS AND EXCLUSIONS
    1.5 CURRENCY CONSIDERED 
    1.6 LIMITATIONS 
    1.7 UNIT CONSIDERED 
    1.8 STAKEHOLDERS 
    1.9 SUMMARY OF CHANGES 
 
2 RESEARCH METHODOLOGY (Page No. - 32)
    2.1 RESEARCH DATA 
          FIGURE 3 MODULAR CONSTRUCTION MARKET: RESEARCH DESIGN
           2.1.1 SECONDARY DATA
                    2.1.1.1 Key data from secondary sources
           2.1.2 PRIMARY DATA
                    2.1.2.1 Key data from primary sources
                    2.1.2.2 Key industry insights
                    2.1.2.3 Breakdown of primary interviews
    2.2 MARKET SIZE ESTIMATION 
          FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
          FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
    2.3 DATA TRIANGULATION 
          FIGURE 6 MODULAR CONSTRUCTION MARKET: DATA TRIANGULATION
    2.4 KEY MARKET INSIGHTS 
    2.5 IMPACT OF RECESSION 
    2.6 RESEARCH ASSUMPTIONS 
           2.6.1 LIMITS AND RISKS ASSOCIATED
           2.6.2 RISK ASSESSMENT
                    TABLE 2 RISK ASSESSMENT IN MODULAR CONSTRUCTION MARKET
 
3 EXECUTIVE SUMMARY (Page No. - 41)
    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
 
4 PREMIUM INSIGHTS (Page No. - 45)
    4.1 ASIAN ECONOMIES TO WITNESS RELATIVELY HIGHER GROWTH RATE FOR MODULAR CONSTRUCTION MARKET 
          FIGURE 11 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN MODULAR CONSTRUCTION MARKET
    4.2 ASIA PACIFIC: MODULAR CONSTRUCTION MARKET, BY TYPE AND MATERIAL, 2023 
          FIGURE 12 PERMANENT MODULAR CONSTRUCTION ACCOUNTED FOR LARGER SHARE IN TERMS OF VOLUME
    4.3 ASIA PACIFIC: MODULAR CONSTRUCTION MARKET, BY END-USE INDUSTRY AND COUNTRY, 2023 
          FIGURE 13 RESIDENTIAL ACCOUNTED FOR LARGEST SHARE IN TERMS OF VOLUME
    4.4 MODULAR CONSTRUCTION MARKET, BY COUNTRY 
          FIGURE 14 MODULAR CONSTRUCTION MARKET IN CHINA TO GROW AT HIGHEST CAGR
 
5 MARKET OVERVIEW (Page No. - 49)
    5.1 INTRODUCTION 
    5.2 MARKET DYNAMICS 
          FIGURE 15 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN MODULAR CONSTRUCTION MARKET
           5.2.1 DRIVERS
                    5.2.1.1 Need for time-saving and cost-effective construction
                    5.2.1.2 Investments in infrastructure industry
                                FIGURE 16 PERCENTAGE ANNUAL GROWTH RATE FOR INDUSTRY INCLUDING CONSTRUCTION
                    5.2.1.3 Increasing work-zone safety and building sustainability
                    5.2.1.4 Ease of relocation of modular buildings
                    5.2.1.5 Supportive government initiatives
           5.2.2 RESTRAINTS
                    5.2.2.1 Risks of transportation and assembly issues in modular construction
                    5.2.2.2 Lack of awareness in developing economies
           5.2.3 OPPORTUNITIES
                    5.2.3.1 Population growth and urbanization translating to increased number of construction projects
                                FIGURE 17 INCREASING POPULATION TREND IN DIFFERENT REGIONS
                                TABLE 3 ASIA PACIFIC URBANIZATION TREND, 1990–2050
                    5.2.3.2 Increasing demand for high-end residential and multi-story buildings
                                FIGURE 18 BUILDINGS 200 METERS OR TALLER COMPLETED IN 2022, BY REGION
                    5.2.3.3 Housing crisis in developed countries
           5.2.4 CHALLENGES
                    5.2.4.1 Lack of experts in market
                    5.2.4.2 Volatility in transportation charges
    5.3 TRENDS & DISRUPTIONS IMPACTING CUSTOMER’S BUSINESS 
          FIGURE 19 REVENUE SHIFT FOR MODULAR CONSTRUCTION MANUFACTURERS
    5.4 PRICING ANALYSIS 
          FIGURE 20 AVERAGE SELLING PRICE TREND OF MODULAR CONSTRUCTION OF KEY PLAYERS, BY TOP 3 END-USE INDUSTRIES
          TABLE 4 AVERAGE PRICE TREND OF MODULAR CONSTRUCTION OF KEY PLAYERS, BY TOP 3 END-USE INDUSTRIES (USD/SQUARE FOOT), 2023
          FIGURE 21 AVERAGE SELLING PRICE TREND, BY REGION (USD/SQUARE FOOT)
          TABLE 5 AVERAGE PRICE TREND, BY REGION (USD/SQUARE FOOT)
    5.5 VALUE CHAIN ANALYSIS 
          FIGURE 22 SUPPLY CHAIN ANALYSIS
           5.5.1 PROMINENT COMPANIES
           5.5.2 SMALL & MEDIUM-SIZED ENTERPRISES
           5.5.3 DESIGN
           5.5.4 ENGINEERING
           5.5.5 PERMITS & APPROVALS
           5.5.6 SITE DEVELOPMENT & BUILDING FOUNDATION
           5.5.7 PLANT FABRICATION
           5.5.8 TRANSPORTATION
           5.5.9 INSTALLATION
                    FIGURE 23 VALUE CHAIN ANALYSIS
    5.6 ECOSYSTEM/MARKET MAP 
          FIGURE 24 ECOSYSTEM MAPPING
          TABLE 6 ECOSYSTEM OF MODULAR CONSTRUCTION MARKET
          FIGURE 25 ECOSYSTEM MAPPING ANALYSIS
    5.7 TECHNOLOGY ANALYSIS 
           5.7.1 KEY TECHNOLOGIES
           5.7.2 COMPLEMENTARY TECHNOLOGY
           5.7.3 ADJACENT TECHNOLOGY
    5.8 PATENT ANALYSIS 
           5.8.1 INTRODUCTION
           5.8.2 METHODOLOGY
           5.8.3 MODULAR CONSTRUCTION MARKET, PATENT ANALYSIS (2014–2023)
                    FIGURE 26 LIST OF MAJOR PATENTS FOR MODULAR CONSTRUCTION MARKET (2014–2023)
                    TABLE 7 LIST OF PATENTS FOR MODULAR CONSTRUCTION
    5.9 TRADE ANALYSIS 
          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)
    5.10 KEY CONFERENCES AND EVENTS IN 2024–2025 
           TABLE 8 MODULAR CONSTRUCTION MARKET: DETAILED LIST OF CONFERENCES & EVENTS, 2024–2025
    5.11 TARIFF AND REGULATORY LANDSCAPE 
           5.11.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                     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
    5.12 TARIFF AND REGULATORY LANDSCAPE 
           5.12.1 AVERAGE TARIFF RATES
                     TABLE 11 TARIFF RELATED TO PREFABRICATED BUILDINGS, WHETHER OR NOT COMPLETE OR ALREADY ASSEMBLED
           5.12.2 REGULATIONS IN MODULAR CONSTRUCTION MARKET
                    5.12.2.1 ICC/MBI 1200-2021 Standard for Off-site Construction
                    5.12.2.2 ICC/MBI 1205-2021 Standard for Off-site Construction
                    5.12.2.3 CSA A277 STANDARD
                    5.12.2.4 CSA Z240 MH Series-16 (R2021) STANDARD
                    5.12.2.5 CSA Z240.10.1:19 STANDARD
    5.13 PORTER’S FIVE FORCES ANALYSIS 
           FIGURE 29 PORTER’S FIVE FORCES ANALYSIS
           TABLE 12 MODULAR CONSTRUCTION MARKET: PORTER’S FIVE FORCES ANALYSIS
           5.13.1 THREAT OF NEW ENTRANTS
           5.13.2 THREAT OF SUBSTITUTES
           5.13.3 BARGAINING POWER OF SUPPLIERS
           5.13.4 BARGAINING POWER OF BUYERS
           5.13.5 INTENSITY OF COMPETITIVE RIVALRY
    5.14 KEY STAKEHOLDERS AND BUYING CRITERIA 
           5.14.1 KEY STAKEHOLDERS IN BUYING PROCESS
                     FIGURE 30 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS
                     TABLE 13 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS OF MODULAR CONSTRUCTION MARKET
           5.14.2 BUYING CRITERIA
                     FIGURE 31 KEY BUYING CRITERIA FOR TOP THREE END-USE INDUSTRIES
                     TABLE 14 KEY BUYING CRITERIA FOR MODULAR CONSTRUCTION IN TOP THREE END-USE INDUSTRIES
    5.15 CASE STUDY ANALYSIS 
           5.15.1 MODULAR CONSTRUCTION MANUFACTURER HELPED IN SPEEDY CONSTRUCTION OF SCHOOL
           5.15.2 MAJOR MODULAR CONSTRUCTION COMPANY HELPED PHARMACEUTICAL COMPANY DELIVER TEMPORARY SPACES
           5.15.3 MODULAR CONSTRUCTION DELIVERED SUSTAINABLE HOSPITAL COMPLEX
    5.16 INVESTMENT AND FUNDING SCENARIO 
           FIGURE 32 INVESTMENT AND FUNDING SCENARIO
    5.17 MACROECONOMIC INDICATORS 
           5.17.1 INTRODUCTION
           5.17.2 GDP TRENDS AND FORECASTS
                     TABLE 15 WORLD GDP GROWTH PROJECTION, 2021–2028 (USD TRILLION)
           5.17.3 CONSTRUCTION INDUSTRY AS PERCENTAGE OF GDP AND ITS IMPACT ON MODULAR CONSTRUCTION
                     TABLE 16 CONSTRUCTION AS PERCENTAGE OF GDP, BY KEY COUNTRY, 2021
 
6 MODULAR CONSTRUCTION MARKET, BY TYPE (Page No. - 87)
    6.1 INTRODUCTION 
          FIGURE 33 PERMANENT MODULAR CONSTRUCTION TO DOMINATE MARKET DURING FORECAST PERIOD
          TABLE 17 MODULAR CONSTRUCTION MARKET, BY TYPE, 2022–2029 (USD MILLION)
          TABLE 18 MODULAR CONSTRUCTION MARKET, BY TYPE, 2022–2029 (THOUSAND SQUARE FEET)
    6.2 PERMANENT MODULAR CONSTRUCTION 
           6.2.1 EFFICIENT TIME AND LABOR MANAGEMENT TO DRIVE MARKET
    6.3 RELOCATABLE MODULAR CONSTRUCTION 
           6.3.1 EASE OF RELOCATION, FAST DELIVERY, AND LOW COST TO DRIVE MARKET
 
7 MODULAR CONSTRUCTION MARKET, BY MODULE (Page No. - 90)
    7.1 INTRODUCTION 
    7.2 FOUR-SIDED MODULES 
           7.2.1 USE OF CELLULAR BUILDINGS TO PROPEL MARKET
    7.3 OPEN-SIDED MODULES 
           7.3.1 INCREASED UTILIZATION IN LOW-RISE AND RESIDENTIAL BUILDINGS TO DRIVE MARKET
    7.4 PARTIALLY OPEN-SIDED MODULES 
           7.4.1 INCREASED CONSTRUCTION SPEED IRRESPECTIVE OF WEATHER FLUCTUATIONS TO DRIVE MARKET
    7.5 MIXED MODULES AND FLOOR CASSETTES 
           7.5.1 RESTRICTIONS DUE TO INCREASED LOAD ON MODULES IN CONSTRUCTION TO LIMIT MARKET
    7.6 MODULES SUPPORTED BY PRIMARY STRUCTURES 
           7.6.1 USE IN MIXED RETAIL AND COMMERCIAL CONSTRUCTIONS TO DRIVE MARKET
    7.7 OTHER MODULES 
 
8 MODULAR CONSTRUCTION MARKET, BY MATERIAL (Page No. - 92)
    8.1 INTRODUCTION 
          FIGURE 34 STEEL TO BE FASTEST-GROWING SEGMENT DURING FORECAST PERIOD
          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)
    8.2 CONCRETE 
           8.2.1 INCREASED DURABILITY TO STIMULATE DEMAND
    8.3 STEEL 
           8.3.1 IMPROVED STRUCTURAL INTEGRITY, DESIGN FLEXIBILITY, STRENGTH, DURABILITY, AND FIRE RESISTANCE TO DRIVE MARKET
    8.4 WOOD 
           8.4.1 COST-EFFECTIVENESS AND EASY TRANSPORTATION TO DRIVE MARKET
 
9 MODULAR CONSTRUCTION MARKET, BY END-USE INDUSTRY (Page No. - 97)
    9.1 INTRODUCTION 
          FIGURE 35 RESIDENTIAL SEGMENT TO LEAD MARKET DURING FORECAST PERIOD
          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)
    9.2 RESIDENTIAL 
           9.2.1 ECO-FRIENDLY AND COST-EFFECTIVE PROPERTIES OF MODULAR CONSTRUCTION TO DRIVE MARKET
    9.3 RETAIL & COMMERCIAL 
           9.3.1 EASE OF RELOCATION, LOW-COST RECONFIGURATION, AND FAST DELIVERY TO DRIVE MARKET
    9.4 HEALTHCARE 
           9.4.1 SHORT CONSTRUCTION SCHEDULES AND REDUCED COSTS TO DRIVE MARKET
    9.5 EDUCATION 
           9.5.1 COST EFFICIENCY, SUPERIOR BUILD TIME, AND OFF-SITE CONSTRUCTION POTENTIAL TO DRIVE MARKET
    9.6 HOSPITALITY 
           9.6.1 GROWING NUMBER OF TOURISTS AND STRONG TOURISM SECTOR TO DRIVE MARKET
    9.7 OFFICE 
           9.7.1 LESSER TIME AND DISRUPTIONS IN ONGOING WORK ENVIRONMENT TO DRIVE MARKET
    9.8 OTHER END-USE INDUSTRIES 
 
10 MODULAR CONSTRUCTION MARKET, BY REGION (Page No. - 104)
     10.1 INTRODUCTION 
             FIGURE 36 CHINA TO RECORD FASTEST GROWTH DURING FORECAST PERIOD
             FIGURE 37 ASIA PACIFIC MARKET TO RECORD FASTEST GROWTH DURING FORECAST PERIOD
             TABLE 27 MODULAR CONSTRUCTION MARKET, BY REGION, 2022–2029 (USD MILLION)
             TABLE 28 MODULAR CONSTRUCTION MARKET, BY REGION, 2022–2029 (THOUSAND SQUARE FEET)
     10.2 ASIA PACIFIC 
             10.2.1 RECESSION IMPACT
                        FIGURE 38 ASIA PACIFIC: MODULAR CONSTRUCTION MARKET SNAPSHOT
                        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)
             10.2.2 CHINA
                        10.2.2.1 Government initiatives and favorable policies to drive market
                                      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)
             10.2.3 JAPAN
                        10.2.3.1 Increasing urban population to drive market
                                      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)
             10.2.4 AUSTRALIA & NEW ZEALAND
                        10.2.4.1 Growing population and s                                      TABLE economic conditions to support growth
                                      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)
             10.2.5 INDIA
                        10.2.5.1 Rising population, GDP, and purchasing power of customers to stimulate growth
                                      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)
             10.2.6 SOUTH KOREA
                        10.2.6.1 Commercial construction projects to drive demand
                                      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)
             10.2.7 REST OF ASIA PACIFIC
                        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)
     10.3 NORTH AMERICA 
             10.3.1 RECESSION IMPACT
                        FIGURE 39 NORTH AMERICA: MODULAR CONSTRUCTION MARKET SNAPSHOT
                        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)
             10.3.2 US
                        10.3.2.1 Growing building construction, renovation, and remolding activities to boost market
                                      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)
             10.3.3 CANADA
                        10.3.3.1 Increase in remolding activities to propel market
                                      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)
             10.3.4 MEXICO
                        10.3.4.1 Growth in construction and infrastructure sectors to drive market
                                      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)
     10.4 EUROPE 
             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)
             10.4.1 GERMANY
                        10.4.1.1 Shortage of affordable homes and slow growth in industrialization
                                      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)
             10.4.2 UK
                        10.4.2.1 Government to create new opportunities for modular building manufacturers
                                      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)
             10.4.3 FRANCE
                        10.4.3.1 Growing demand for modular wood buildings to drive market
                                      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)
             10.4.4 ITALY
                        10.4.4.1 Investments in construction sector and awareness about modular homes to drive market
                                      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)
             10.4.5 SPAIN
                        10.4.5.1 Increase in demand for affordable homes to drive market
                                      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)
             10.4.6 RUSSIA
                        10.4.6.1 High demand for new housing to drive market
                                      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)
             10.4.7 AUSTRIA
                        10.4.7.1 Housing initiatives by government to drive demand
                                      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)
             10.4.8 POLAND
                        10.4.8.1 Rise in price of building materials and labor shortage in traditional construction methods to drive market
                                      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)
             10.4.9 REST OF EUROPE
                        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)
     10.5 MIDDLE EAST & AFRICA 
             10.5.1 RECESSION IMPACT
                        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)
             10.5.2 GCC COUNTRIES
                        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)
                        10.5.2.1 Saudi Arabia
                                     10.5.2.1.1 Mega housing projects and increase in demand for affordable houses to drive market
                                                      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)
                        10.5.2.2 UAE
                                     10.5.2.2.1 Strong government support and ongoing construction projects to stimulate market
                                                      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)
                        10.5.2.3 Rest of GCC
                                      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)
             10.5.3 TURKEY
                        10.5.3.1 Housing schemes initiated by government to drive market
                                      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)
             10.5.4 SOUTH AFRICA
                        10.5.4.1 Rapid urbanization and growing demand for sustainable buildings to drive market
                                      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)
             10.5.5 REST OF MIDDLE EAST & AFRICA
                        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)
     10.6 SOUTH AMERICA 
             10.6.1 RECESSION IMPACT
                        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)
             10.6.2 BRAZIL
                        10.6.2.1 Booming construction industry to drive market
                                      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)
             10.6.3 ARGENTINA
                        10.6.3.1 Increased construction to drive market
                                      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)
             10.6.4 REST OF SOUTH AMERICA
                        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)
 
11 COMPETITIVE LANDSCAPE (Page No. - 182)
     11.1 OVERVIEW 
             TABLE 193 OVERVIEW OF STRATEGIES ADOPTED BY KEY MODULAR CONSTRUCTION PLAYERS
     11.2 REVENUE ANALYSIS OF TOP MARKET PLAYERS 
             FIGURE 40 REVENUE ANALYSIS FOR KEY COMPANIES IN MODULAR CONSTRUCTION MARKET, 2019–2023
     11.3 MARKET SHARE ANALYSIS 
             FIGURE 41 MODULAR CONSTRUCTION: MARKET SHARE ANALYSIS
             TABLE 194 MODULAR CONSTRUCTION MARKET: DEGREE OF COMPETITION
     11.4 COMPANY VALUATION AND FINANCIAL METRICS 
             FIGURE 42 COMPANY VALUATION (USD BILLION)
             FIGURE 43 FINANCIAL MATRIX: EV/EBITDA RATIO
     11.5 PRODUCT/BRAND COMPARISON 
             FIGURE 44 MODULAR CONSTRUCTION MARKET: PRODUCT COMPARISON
     11.6 COMPANY EVALUATION MATRIX 
             11.6.1 STARS
             11.6.2 EMERGING LEADERS
             11.6.3 PERVASIVE PLAYERS
             11.6.4 PARTICIPANTS
                        FIGURE 45 COMPANY EVALUATION MATRIX, 2023
             11.6.5 COMPANY FOOTPRINT: KEY PLAYERS
                        FIGURE 46 MODULAR CONSTRUCTION MARKET: COMPANY FOOTPRINT
                        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)
     11.7 START-UPS/SMES EVALUATION MATRIX 
             11.7.1 PROGRESSIVE COMPANIES
             11.7.2 RESPONSIVE COMPANIES
             11.7.3 DYNAMIC COMPANIES
             11.7.4 STARTING BLOCKS
                        FIGURE 47 START-UPS/SMES EVALUATION MATRIX: MODULAR CONSTRUCTION MARKET, 2023
             11.7.5 COMPETITIVE BENCHMARKING
                        TABLE 199 MODULAR CONSTRUCTION MARKET: DETAILED LIST OF KEY STARTUPS/SMES
                        TABLE 200 MODULAR CONSTRUCTION MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES
     11.8 COMPETITIVE SITUATIONS AND TRENDS 
             11.8.1 PRODUCT LAUNCHES
                        TABLE 201 MODULAR CONSTRUCTION MARKET: PRODUCT LAUNCHES, JANUARY 2019–DECEMBER 2023
             11.8.2 DEALS
                        TABLE 202 MODULAR CONSTRUCTION MARKET: DEALS, JANUARY 2019–DECEMBER 2023
             11.8.3 EXPANSIONS
                        TABLE 203 MODULAR CONSTRUCTION MARKET: EXPANSIONS, JANUARY 2019–DECEMBER 2023
             11.8.4 OTHER DEVELOPMENTS
                        TABLE 204 MODULAR CONSTRUCTION MARKET: OTHER DEVELOPMENTS, JANUARY 2019–MARCH 2024
 
12 COMPANY PROFILES (Page No. - 211)
(Business overview, Products/Solutions/Services offered, Recent developments & MnM View)*
     12.1 KEY PLAYERS 
             12.1.1 LAING O’ROURKE
                        TABLE 205 LAING O’ROURKE: COMPANY OVERVIEW
                        FIGURE 48 LAING O’ROURKE: COMPANY SNAPSHOT
                        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
             12.1.2 RED SEA INTERNATIONAL
                        TABLE 209 RED SEA INTERNATIONAL: COMPANY OVERVIEW
                        FIGURE 49 RED SEA INTERNATIONAL: COMPANY SNAPSHOT
                        TABLE 210 RED SEA INTERNATIONAL: DEALS, JANUARY 2019–DECEMBER 2023
                        TABLE 211 RED SEA INTERNATIONAL: OTHER DEVELOPMENTS, JANUARY 2019–FEBRUARY 2024
             12.1.3 SKANSA AB
                        TABLE 212 SKANSA AB: BUSINESS OVERVIEW
                        FIGURE 50 SKANSA AB: COMPANY SNAPSHOT
                        TABLE 213 SKANSKA AB: DEALS, JANUARY 2019–DECEMBER 2023
                        TABLE 214 SKANSKA AB: OTHER DEVELOPMENTS, JANUARY 2019–FEBRUARY 2024
             12.1.4 ATCO LTD.
                        TABLE 215 ATCO LTD.: COMPANY OVERVIEW
                        FIGURE 51 ATCO LTD.: COMPANY SNAPSHOT
                        TABLE 216 ATCO LTD.: DEALS, JANUARY 2019–DECEMBER 2023
                        TABLE 217 ATCO LTD.: OTHER DEVELOPMENTS, JANUARY 2019–FEBRUARY 2024
             12.1.5 MODULAIRE GROUP
                        TABLE 218 MODULAIRE GROUP: BUSINESS OVERVIEW
                        TABLE 219 MODULAIRE GROUP: DEALS, JANUARY 2019–DECEMBER 2023
             12.1.6 KLEUSBERG GMBH & CO. KG
                        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
             12.1.7 LENDLEASE CORPORATION
                        TABLE 224 LENDLEASE CORPORATION: COMPANY OVERVIEW
                        FIGURE 52 LENDLEASE CORPORATION: COMPANY SNAPSHOT
                        TABLE 225 LENDLEASE CORPORATION: PRODUCT LAUNCHES, JANUARY 2019–DECEMBER 2023
                        TABLE 226 LENDLEASE CORPORATION: DEALS, JANUARY 2019–DECEMBER 2023
             12.1.8 BECHTEL CORPORATION
                        TABLE 227 BECHTEL CORPORATION: COMPANY OVERVIEW
                        FIGURE 53 BECHTEL CORPORATION: COMPANY SNAPSHOT
                        TABLE 228 BECHTEL CORPORATION: DEALS, JANUARY 2019–DECEMBER 2023
                        TABLE 229 BECHTEL CORPORATION: OTHER DEVELOPMENTS, JANUARY 2019–FEBRUARY 2024
             12.1.9 FLUOR CORPORATION
                        TABLE 230 FLUOR CORPORATION: COMPANY OVERVIEW
                        FIGURE 54 FLUOR CORPORATION: COMPANY SNAPSHOT
                        TABLE 231 FLUOR CORPORATION: DEALS, JANUARY 2019–DECEMBER 2023
                        TABLE 232 FLUOR CORPORATION: OTHER DEVELOPMENTS, JANUARY 2019–FEBRUARY 2024
             12.1.10 BOUYGUES CONSTRUCTION
                        TABLE 233 BOUYGUES CONSTRUCTION: COMPANY OVERVIEW
                        FIGURE 55 BOUYGUES CONSTRUCTION: COMPANY SNAPSHOT
             12.1.11 VINCI S.A.
                        TABLE 234 VINCI S.A.: COMPANY OVERVIEW
                        FIGURE 56 VINCI S.A.: COMPANY SNAPSHOT
*Details on Business overview, Products/Solutions/Services offered, Recent developments & MnM View might not be captured in case of unlisted companies.
     12.2 OTHER PLAYERS 
             12.2.1 KWIKSPACE MODULAR BUILDINGS
                        TABLE 235 KWIKSPACE MODULAR BUILDINGS: COMPANY OVERVIEW
             12.2.2 WESTCHESTER MODULAR HOMES, INC.
                        TABLE 236 WESTCHESTER MODULAR HOMES, INC.: COMPANY OVERVIEW
             12.2.3 WERNICK GROUP LIMITED
                        TABLE 237 WERNICK GROUP LIMITED: COMPANY OVERVIEW
             12.2.4 KOMA MODULAR
                        TABLE 238 KOMA MODULAR: COMPANY OVERVIEW
             12.2.5 ELEMENTS EUROPE
                        TABLE 239 ELEMENTS EUROPE: COMPANY OVERVIEW
             12.2.6 PREMIER MODULAR
                        TABLE 240 PREMIER MODULAR: COMPANY OVERVIEW
             12.2.7 THE ALHO GROUP
                        TABLE 241 THE ALHO GROUP: COMPANY OVERVIEW
             12.2.8 INVESTWOOD, SA
                        TABLE 242 INVESTWOOD, SA: COMPANY OVERVIEW
             12.2.9 BROAD GROUP
                        TABLE 243 BROAD GROUP: COMPANY OVERVIEW
             12.2.10 MIGHTY BUILDINGS, INC.
                        TABLE 244 MIGHTY BUILDINGS, INC.: COMPANY OVERVIEW
             12.2.11 FACTORY_OS
                        TABLE 245 FACTORY_OS: COMPANY OVERVIEW
             12.2.12 BLOKABLE INC.
                        TABLE 246 BLOKABLE INC.: COMPANY OVERVIEW
             12.2.13 MODULOUS
                        TABLE 247 MODULOUS: COMPANY OVERVIEW
             12.2.14 NEXII BUILDING SOLUTIONS
                        TABLE 248 NEXII BUILDING SOLUTIONS: COMPANY OVERVIEW
             12.2.15 DUBOX
                        TABLE 249 DUBOX: COMPANY OVERVIEW
             12.2.16 CONNECT HOMES
                        TABLE 250 CONNECT HOMES: COMPANY OVERVIEW
             12.2.17 GUERDON, LLC.
                        TABLE 251 GUERDON, LLC.: COMPANY OVERVIEW
 
13 ADJACENT & RELATED MARKET (Page No. - 273)
     13.1 INTRODUCTION 
             TABLE 252 PRE-ENGINEERED BUILDINGS MARKET
     13.2 PRE-ENGINEERED BUILDINGS MARKET 
             13.2.1 MARKET DEFINITION
             13.2.2 MARKET OVERVIEW
     13.3 PRE-ENGINEERED BUILDINGS MARKET, BY STRUCTURE 
             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)
     13.4 PRE-ENGINEERED BUILDINGS MARKET, BY APPLICATION 
             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)
     13.5 PRE-ENGINEERED BUILDINGS MARKET, BY REGION 
             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)
 
14 APPENDIX (Page No. - 276)
     14.1 DISCUSSION GUIDE 
     14.2 CUSTOMIZATION OPTIONS 
     14.3 RELATED REPORTS 
     14.4 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 
     14.5 AUTHOR DETAILS 

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 Size, and Share

To know about the assumptions considered for the study, Request for Free Sample Report

Modular Construction Market Size, and Share

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.

Available Customizations

With the given market data, MarketsandMarkets offers customizations according to client-specific needs.

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

Product Analysis

  • Product matrix, which offers a detailed comparison of the product portfolio of companies

Regional Analysis

  • Further analysis of the modular construction market for additional countries

Company Information

  • Detailed analysis and profiling of additional market players (up to five)
Custom Market Research Services

We will customize the research for you, in case the report listed above does not meet with your exact requirements. Our custom research will comprehensively cover the business information you require to help you arrive at strategic and profitable business decisions.

Request Customization

Instant Answers with GPT - Ask Now!

Ask real questions. Get complete answers !
Report Code
BC 6498
Published ON
Apr, 2024
Choose License Type
BUY NOW
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the Modular Construction Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
CUSTOMIZED WORKSHOP REQUEST
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
©2024 MarketsandMarkets Research Private Ltd. All rights reserved
DMCA.com Protection Status Website Feedback