Asia Pacific Modular Construction Market

The Asia Pacific modular construction market is projected to grow from USD 40.56 billion in 2025 to USD 57.74 billion by 2030, at a CAGR of 7.32% during the forecast period. The Asia Pacific modular construction market is experiencing growth, driven by the increasing demand for faster and cost-effective building solutions in high-urbanizing economies such as China, India, and Southeast Asia. Adoption is being boosted by government support for prefabrication, intelligent technologies in construction, and sustainable construction practices.

The major players in the Asia Pacific modular construction market with a significant global presence are Sekisui House (Japan), Daiwa House Industry (Japan), China State Construction Engineering Corporation (China), Broad Group (China), and Lendlease (Australia). These companies are focusing on strategic partnerships and regional collaborations.

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Lendlease Corporation is an international property and infrastructure group. It creates and delivers sustainable and innovative property and infrastructure solutions. The company operates its business through three segments, namely, construction, development, and investments. Modular construction projects are mainly carried out under the construction and development segments. It operates primarily in the residential, retail, office, defense, healthcare, and transportation sectors, providing design, project management, and construction services. The company conducts detailed evaluations to determine and provide the best value solutions for every project, whether that entails conventionally constructing the components or prefabricating/modularizing them. It has a strong global presence, with operations in Australia, the Americas, Asia, and Europe. In December 2015, Lendlease launched its manufacturing business, DesignMake, which combines smart design and advanced manufacturing processes to make customized building components.

The Broad Group, founded in 1988 in China, is a privately owned enterprise headquartered in Changsha. With a presence in over 80 countries, the Broad Group exports products globally. Broad Holon Co., Ltd., a subsidiary, specializes in manufacturing factory-made stainless-steel B-CORE Holon buildings with the mission of providing exceptional housing for all. Notably, Broad Group achieved a remarkable feat by constructing a 10-story apartment building in just 28 hours and 45 minutes in Changsha, China. According to the company, this building can be disassembled and relocated to another site. Additionally, Broad Group asserts that its construction system is capable of erecting high-rise buildings reaching heights of up to 200 stories.

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Sekisui House (Japan), Daiwa House Industry (Japan), China State Construction Engineering Corporation (China), Broad Group (China), and Lendlease (Australia) are the leading companies in the Asia Pacific modular construction market. These companies possess substantial production capabilities, advanced modular technologies, and extensive regional project portfolios. Their sustained investments in innovation and growth have made them leaders in the long-term development of the market.

Related Reports:

Asia Pacific 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.

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