North America Modular Construction Market - Industry Trends and Forecast to 2030

North America Modular Construction Market - Industry Trends and Forecast to 2030

North America Modular Construction Market, By Type (Permanent and Relocatable), Material (Wood, Steel, Concrete, and Others), End-User (Residential, Hospitality, Healthcare, Education, Retail and Commercial, Office, and Others), Country (U.S, Canada, and Mexico) Industry Trends and Forecast to 2030

Market Definition

Modular construction is a process in which a building is constructed off-site. The building is constructed under controlled plant conditions using the same design and materials to the same codes and standards as usually built facilities but in around half the time. Buildings are manufactured in “modules” that, when put together on site, and specifications of the most sophisticated site-built facility reflect the identical design intent without compromise.

Market Segmentation

North America modular construction market is segmented into three notable segments based on type, material, and end-use.
• On the basis of type, the market is classified into permanent and relocatable
• On the basis of material, the market is classified into wood, steel, concrete, and others
• On the basis of end-user, the market is classified into residential, hospitality, healthcare, education, retail and commercial, office, and others

Market Players

The key players operating in the North America modular construction market are:
• Bechtel Corporation
• Skanksa
• Fluor Corporation
• ATCO LTD.
• Westchester Modular Homes
• CUSTOM SHIPPING CONTAINERS AND MODULAR BUILDINGS
• Guerdon, LLC.
• HONOMOBO
• KOMA MODULAR
• Modular Engineering
• Northgate Industries Ltd.

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