Permanent Modular Construction Market

The permanent modular construction market is projected to grow from USD  85.51 billion in 2025 to USD 111.75 billion by 2030, at a CAGR of 5.50% during the forecast period. The permanent modular construction business is on the rise due to the need for time-saving and cost-effective construction, labor shortages, and housing shortages & targets.

The permanent modular construction market is dominated by major players, including ATCO Ltd. (Canada), Laing O’Rourke (UK), Fluor Corporation (US), Lendlease Corporation (Australia), and Modulaire Group (UK). To increase their market share in the global permanent modular construction market, these companies have implemented growth strategies, including contracts, expansions, product launches, acquisitions, and partnerships.

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ATCO Ltd. (Canada) is a leading company that provides innovative business solutions and excellent service through its ATCO Structures division. It has factories that build modular buildings in Canada, the US, Mexico, Chile, and Australia. The company is well-established in Canada and Australia and operates in over 100 countries. Its strong product range helps maintain its market position. To stay ahead, ATCO focuses on acquisitions and partnerships.

Laing O’Rourke  (UK) is a global construction and engineering firm. It designs, builds, funds, and maintains infrastructure that supports education, housing, transportation, employment, healthcare, and community well-being. Laing O’Rourke employs a 70:60:30 method, where 70% of construction happens offsite. This approach increases productivity by 60% and reduces delivery time by 30%. The company is growing its market presence by launching new products, securing contracts, and forming partnerships.

Fluor Corporation (US) is a global company based in the US that provides engineering, procurement, fabrication, construction, and maintenance services. They have projects and offices in every part of the world. Fluor focuses on designing, constructing, and maintaining safe, efficient, and cost-effective projects. They use their global supply chain and construction resources to help clients save money and meet deadlines.

MARKET RANKING

ATCO Ltd. (Canada), Laing O’Rourke (UK), Fluor Corporation (US), Lendlease Corporation (Australia), and Modulaire Group (UK) are important companies in the permanent modular construction market. ATCO Ltd. operates in permanent modular construction across four continents, serving customers in industrial, residential, and commercial sectors. Laing O’Rourke focuses on changing traditional construction methods by utilizing off-site and modular technologies, which strengthens its market position. Fluor Corporation, one of the first engineering and construction companies to recognize the advantages of off-site fabrication and modular construction for clients since the 1970s, has continued to develop permanent modular construction for various end-use industries. Lendlease Corporation has a strong global presence due to its international partnerships, which help its growth and expansion. Modulaire Group serves over 52,000 customers in various sectors, including public administration, construction, energy, natural resources, industry, business services, and infrastructure.

Related Reports:

Permanent Modular Construction Market by Material (Wood, Steel, Concrete), End-Use Industry (Residential, Office, Hospitality, Others), Region (North America, Europe, Asia Pacific, Middle East & Africa, South America) - Global Forecast to 2030

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