North America Modular Construction Industry Size

The report "North America Modular Construction Market by Type (Permanent, Relocatable), By Module, By Material (Concrete, Steel, Wood), By End-use Industry (Residential, Retail & Commercial, Healthcare, Education, Hospitality, Office) – Global Forecast to 2030" is projected to grow from USD 30.7 billion in 2025 and to reach USD 40.7 billion by 2030, at a Compound Annual Growth Rate (CAGR) of 5.82% during the forecast period.

Browse 100 market data Tables and 50 Figures spread through 150 Pages and in-depth TOC on "North America Modular Construction Market by Type (Permanent, Relocatable), By Module, By Material (Concrete, Steel, Wood), By End-use Industry (Residential, Retail & Commercial, Healthcare, Education, Hospitality, Office) – Global Forecast to 2030"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/north-america-modular-construction-market-136321476.html

The North American modular construction market is experiencing rapid growth due to escalating labor shortages, rising construction costs, and the need for faster project delivery. Increasing demand for sustainable, energy-efficient buildings, expanding factory capacity, and strong adoption across residential, commercial, and institutional sectors further accelerate modular construction’s regional momentum.

By type, the permanent modular construction segment is projected to account for the fastest CAGR during the forecast period

The permanent modular construction segment is projected to experience the fastest CAGR during the forecast period, driven by growing demand for these structures as durable, long-term building solutions for residential, commercial, and institutional purposes. PMC provides fully code-compliant structures with higher quality control than traditional construction methods, shorter construction times, and greater cost savings. It has been able to provide multi-family housing, hospital & healthcare facilities, hotels, and educational facilities due to its ability to utilize advanced material technology, which provides superior structural integrity and allows for complete factory finishing before delivery to the building site. As a result of PMC's advantages, developers are using it more frequently to meet the market demand for scalability, sustainability, and less disruption at the building site during construction. The growing investment in multi-story modular projects, combined with the continued expansion of factory capabilities throughout North America, has provided additional opportunities for PMC to maintain its position as the fastest-growing segment in the modular construction market.

By material, the steel segment is projected to account for the fastest CAGR during the forecast period

The steel segment is expected to account for the fastest CAGR during the forecast period, due to its higher strength, lower weight, and suitability for mid- and high-rise modular buildings. Steel can provide a high level of load-bearing capacity, precision when creating/modifying pre-fabricated components, and be compatible with innovative methods of producing modules through off-site fabrication. In addition to being recyclable, steel also has a long lifespan, aligning with the increasing focus on building sustainably within North America. With the increased use of modular steel systems, developers are increasingly selecting these systems due to their design flexibility, seismic performance, and ability to maintain a uniform process when creating taller structures. The rapid growth of the steel segment has also been supported by the continued development of steel modular factory locations and the increased adoption of steel modular systems in cities.

By end-use industry, the healthcare segment is projected to witness the fastest CAGR during the forecast period

The healthcare segment is expected to grow at the fastest CAGR during the forecast period. The rapid growth of the healthcare industry in North America is driven by an increased demand for modular medical facilities that can be installed and operated quickly, reliably, and efficiently. Modular construction enables hospitals and healthcare facilities with modular designs to rapidly increase their capacity while minimizing disruption and meeting urgent needs for outpatient centers, isolation rooms, laboratories, emergency departments, and specialty clinics. The methodical approach to component quality, combined with the precision and on-time delivery achieved through a manufacturing plant that produces modular products, supports the regulatory and performance standards of the healthcare environment. The increased demand for affordable, scalable healthcare infrastructure in underserved, rapidly growing areas is also driving growth. Finally, modular systems allow facilities to adapt to changing patient volumes and needs over time, making them attractive long-term investments.

The US accounted for the largest share of the North American modular construction market in 2024

In 2024, North America's modular construction market was dominated by the US, which benefited from high demand from the residential, commercial, hospitality & institutional markets sectors. Additionally, due to its advanced manufacturing capabilities, an evolving network of modular factories, as well as the increasing utilization of digital design and off-site construction technologies, the US has a competitive edge in delivering projects faster and at reduced costs. The persistent labor shortage and increase in traditional construction costs have compelled developers to adopt modular building designs and methods. Meanwhile, rapid growth in urban communities, ongoing demand for multifamily housing, and large investments in both healthcare and education have created additional opportunities for growth. Furthermore, supportive building codes, continued interest in sustainability, and the use of steel and volumetric modular systems provide additional support for the US’ stronghold on the North American modular construction marketplace.

The North American modular construction market comprises major players, including Guerdon Modular Buildings (US), FullStack Modular (US), Z Modular (US), Harbinger Production Inc. (US), and Method Homes (US). Partnerships, acquisitions, and product launches are among the key strategies adopted by these major players to strengthen their positions in the North American modular construction market.

Don’t miss out on business opportunities in North America Modular Construction Market . Speak to our analyst and gain crucial industry insights that will help your business grow.

About MarketsandMarkets™

MarketsandMarkets™ has been recognized as one of America's Best Management Consulting Firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe.

Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem.

The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter , LinkedIn and Facebook .

Contact:
Mr. Rohan Salgarkar
MarketsandMarkets™ INC.
1615 South Congress Ave.
Suite 103, Delray Beach, FL 33445
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Visit Our Website: https://www.marketsandmarkets.com/