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Modular Construction Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

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from $4,850 140 Pages Fortune Business Insights Pvt. Ltd. June, 2024 FOB18867118
Best Price Guarantee
Price from $4,850
Length 140 Pages
Publisher Fortune Business Insights Pvt. Ltd.
Published Date June, 2024
SKU FOB18867118

Modular Construction Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032



Growth Factors of Modular Construction Market

The Modular Construction market size was valued at 79.92 billion in 2023, and the market is now projected to grow from 84.48 billion in 2024 to USD 131.58 billion by 2032, exhibiting a CAGR of 45.34% during the forecast period of 2023-2030.

COVID-19 has triggered enormous monetary damage. Nationwide lockdowns have halted production and impacted this exertions-in depth area as migrant employees leaving the labor colonies at production web sites are seriously hampering creation sports global. Therefore, the pandemic hampered the boom of the marketplace.

Increasing infrastructure investments thanks to the rise in industrialization and urbanization in developing economies which include India, Vietnam, and China are expected to power the marketplace increase. Besides, rising industrial space investments are anticipated to contribute positively to the prefabricated creation market’s revenue. This results in Modular Construction market growth.

Modular building is one of the maximum famous businesses today pursuing agile methods to optimize normal operational operations. Permanent modular creation (PMC) is a creation technique that uses off-website manufacturing procedures to prefabricate unmarried and multi-story structures. This enhances overall creation workflow by improving operational overall performance, figuring out and evaluating method development measures, and figuring out and comparing manner development measures.

Comprehensive Analysis of Modular Construction Market

The Modular Construction market is rising at an exponential charge due to its marketplace segmentation. By type the market is divided into relocatable modular construction and permanent modular construction (PMC). By material type, the market is divided into steel, wood and concrete. On the basis of application, the market is divided into healthcare, educational & institutional, commercial, hospitality, and others (residential, etc.).

Asia Pacific has the largest Modular Construction market share. The Asia Pacific vicinity is anticipated to expand the quickest modular construction market share over the forecast length. Increasing creation sports because of the growing call for from the residential and commercial sectors is anticipated to strength the nearby marketplace. Furthermore, increasing authorities projects to sell eco-friendly housing is ensuing inside the increase of call for for modular houses in developing economies.

The top players in the market play a crucial role in the Modular Construction industry assuring industrial prospectus growth and setting market standards. These players include, Lendlease Corporation (Australia), Laing O'Rourke (U.K.), ATCO (Canada), Algeco (U.K.), Red Sea International Company (Saudi Arabia), Bouygues Construction (France), VINCI Construction Grands Projets (U.K.), Guerdon Modular Buildings (U.S.), Skanska AB (Sweden), KLEUSBERG GmbH & Co. KG (Germany), and Katerra (U.S.)..

In August 2021, SG Blocks Inc., a fashion designer and fabricator of modern-day modular blocks, partnered with ATCO Structures. Through this partnership, both groups contribute to the countrywide modular fleet rollout inside the U.S.

Segmentation Table

ATTRIBUTE DETAILS

Study Period 2019-2030

Base Year 2022

Estimated Year 2023

Forecast Period 2023-2030

Historical Period 2019-2021

Growth Rate CAGR of 6.5% from 2023-2030

Unit Value (USD billion)

Segmentation By Type

Permanent Modular Construction (PMC)

Relocatable Modular Construction

By Material

Concrete

Steel

Wood

By Application

Commercial

Healthcare

Education & Institutional

Hospitality

Others (Residential, etc.)

By Region

North America (By Type, By Material, By Application and By Country)

- U.S. (By Application)

- Canada (By Application)

Europe (By Type, By Material, By Application and By Country)

- U.K. (By Application)

- Germany (By Application)

- France (By Application)

- Italy (By Application)

- Spain (By Application)

- Rest of Europe (By Application)

Asia Pacific (By Type, By Material, By Application and By Country)

- China (By Application)

- India (By Application)

- Japan (By Application)

- Australia (By Application)

- South East Asia (By Application)

- Rest of Asia Pacific (By Application )

Middle East & Africa (By Type, By Material, By Application and By Country)

- GCC (By Application)

-South Africa (By Application)

- Rest of Middle East and Africa (By Application)

South America (By Type, By Material, By Application and By Country)

- Brazil (By Application)

- Mexico (By Application)

- Rest of LATAM (By Application)


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1. Introduction
1.1. Definition, By Segment
1.2. Research Methodology/Approach
1.3. Data Sources
2. Executive Summary
3. Market Dynamics
3.1. Supportive Macro and Micro Economic Indicators
3.2. Drivers, Restraints, Opportunities and Trends
3.3. Impact of COVID-19
4. Competition Landscape
4.1. Business Strategies Adopted by Key Players
4.2. Consolidated SWOT Analysis of Key Players
4.3. Global Modular Construction Key Players Market Share/Ranking, 2022
4.4. Business Performance Dashboard
5. Global Modular Construction Market Size Estimates and Forecasts, By Segments, 2019-2030
5.1. Key Findings
5.2. By Type
5.2.1. Permanent (PMC)
5.2.2. Relocatable
5.3. By Material
5.3.1. Concrete
5.3.2. Steel
5.3.3. Wood
5.4. By Application
5.4.1. Commercial
5.4.2. Healthcare
5.4.3. Education & Institutional
5.4.4. Hospitality
5.4.5. Others(Residential, Religious buildings)
5.5. By Region (USD)
5.5.1. North America
5.5.2. South America
5.5.3. Europe
5.5.4. Middle East & Africa
5.5.5. Asia Pacific
6. North America Modular Construction Market Size Estimates and Forecasts, By Segments, 2019-2030
6.1. Key Findings
6.2. By Type
6.2.1. Permanent (PMC)
6.2.2. Relocatable
6.3. By Material
6.3.1. Concrete
6.3.2. Steel
6.3.3. Wood
6.4. By Application
6.4.1. Commercial
6.4.2. Healthcare
6.4.3. Education & Institutional
6.4.4. Hospitality
6.4.5. Others(Residential, Religious buildings)
6.5. By Country (USD)
6.5.1. United States
6.5.1.1. Application
6.5.1.1.1. Commercial
6.5.1.1.2. Healthcare
6.5.1.1.3. Education & Institutional
6.5.1.1.4. Hospitality
6.5.1.1.5. Others(Residential, Religious buildings)
6.5.2. Canada
6.5.2.1. Application
6.5.2.1.1. Commercial
6.5.2.1.2. Healthcare
6.5.2.1.3. Education & Institutional
6.5.2.1.4. Hospitality
6.5.2.1.5. Others(Residential, Religious buildings)
7. Europe Modular Construction Market Size Estimates and Forecasts, By Segments, 2019-2030
7.1. Key Findings
7.2. By Type
7.2.1. Permanent (PMC)
7.2.2. Relocatable
7.3. By Material
7.3.1. Concrete
7.3.2. Steel
7.3.3. Wood
7.4. By Application
7.4.1. Commercial
7.4.2. Healthcare
7.4.3. Education & Institutional
7.4.4. Hospitality
7.4.5. Others(Residential, Religious buildings)
7.5. By Country (USD)
7.5.1. United Kingdom
7.5.1.1. Application
7.5.1.1.1. Commercial
7.5.1.1.2. Healthcare
7.5.1.1.3. Education & Institutional
7.5.1.1.4. Hospitality
7.5.1.1.5. Others(Residential, Religious buildings)
7.5.2. Germany
7.5.2.1. Application
7.5.2.1.1. Commercial
7.5.2.1.2. Healthcare
7.5.2.1.3. Education & Institutional
7.5.2.1.4. Hospitality
7.5.2.1.5. Others(Residential, Religious buildings)
7.5.3. France
7.5.3.1. Application
7.5.3.1.1. Commercial
7.5.3.1.2. Healthcare
7.5.3.1.3. Education & Institutional
7.5.3.1.4. Hospitality
7.5.3.1.5. Others(Residential, Religious buildings)
7.5.4. Italy
7.5.4.1. Application
7.5.4.1.1. Commercial
7.5.4.1.2. Healthcare
7.5.4.1.3. Education & Institutional
7.5.4.1.4. Hospitality
7.5.4.1.5. Others(Residential, Religious buildings)
7.5.5. Spain
7.5.5.1. Application
7.5.5.1.1. Commercial
7.5.5.1.2. Healthcare
7.5.5.1.3. Education & Institutional
7.5.5.1.4. Hospitality
7.5.5.1.5. Others(Residential, Religious buildings)
7.5.6. Rest of Europe
8. Asia Pacific Modular Construction Market Size Estimates and Forecasts, By Segments, 2019-2030
8.1. Key Findings
8.2. By Type
8.2.1. Permanent (PMC)
8.2.2. Relocatable
8.3. By Material
8.3.1. Concrete
8.3.2. Steel
8.3.3. Wood
8.4. By Application
8.4.1. Commercial
8.4.2. Healthcare
8.4.3. Education & Institutional
8.4.4. Hospitality
8.4.5. Others(Residential, Religious buildings)
8.5. By Country (USD)
8.5.1. China
8.5.1.1. Application
8.5.1.1.1. Commercial
8.5.1.1.2. Healthcare
8.5.1.1.3. Education & Institutional
8.5.1.1.4. Hospitality
8.5.1.1.5. Others(Residential, Religious buildings)
8.5.2. India
8.5.2.1. Application
8.5.2.1.1. Commercial
8.5.2.1.2. Healthcare
8.5.2.1.3. Education & Institutional
8.5.2.1.4. Hospitality
8.5.2.1.5. Others(Residential, Religious buildings)
8.5.3. Japan
8.5.3.1. Application
8.5.3.1.1. Commercial
8.5.3.1.2. Healthcare
8.5.3.1.3. Education & Institutional
8.5.3.1.4. Hospitality
8.5.3.1.5. Others(Residential, Religious buildings)
8.5.4. Australia
8.5.4.1. Application
8.5.4.1.1. Commercial
8.5.4.1.2. Healthcare
8.5.4.1.3. Education & Institutional
8.5.4.1.4. Hospitality
8.5.4.1.5. Others(Residential, Religious buildings)
8.5.5. Southeast Asia
8.5.5.1. Application
8.5.5.1.1. Commercial
8.5.5.1.2. Healthcare
8.5.5.1.3. Education & Institutional
8.5.5.1.4. Hospitality
8.5.5.1.5. Others(Residential, Religious buildings)
8.5.6. Rest of Asia Pacific
9. Middle East & Africa Modular Construction Market Size Estimates and Forecasts, By Segments, 2019-2030
9.1. Key Findings
9.2. By Type
9.2.1. Permanent (PMC)
9.2.2. Relocatable
9.3. By Material
9.3.1. Concrete
9.3.2. Steel
9.3.3. Wood
9.4. By Application
9.4.1. Commercial
9.4.2. Healthcare
9.4.3. Education & Institutional
9.4.4. Hospitality
9.4.5. Others(Residential, Religious buildings)
9.5. By Country (USD)
9.5.1. GCC
9.5.1.1. Application
9.5.1.1.1. Commercial
9.5.1.1.2. Healthcare
9.5.1.1.3. Education & Institutional
9.5.1.1.4. Hospitality
9.5.1.1.5. Others(Residential, Religious buildings)
9.5.2. South Africa
9.5.2.1. Application
9.5.2.1.1. Commercial
9.5.2.1.2. Healthcare
9.5.2.1.3. Education & Institutional
9.5.2.1.4. Hospitality
9.5.2.1.5. Others(Residential, Religious buildings)
9.5.3. Rest of MEA
10. South America Modular Construction Market Size Estimates and Forecasts, By Segments, 2019-2030
10.1. Key Findings
10.2. By Type
10.2.1. Permanent (PMC)
10.2.2. Relocatable
10.3. By Material
10.3.1. Concrete
10.3.2. Steel
10.3.3. Wood
10.4. By Application
10.4.1. Commercial
10.4.2. Healthcare
10.4.3. Education & Institutional
10.4.4. Hospitality
10.4.5. Others(Residential, Religious buildings)
10.5. By Country (USD)
10.5.1. Brazil
10.5.1.1. Application
10.5.1.1.1. Commercial
10.5.1.1.2. Healthcare
10.5.1.1.3. Education & Institutional
10.5.1.1.4. Hospitality
10.5.1.1.5. Others(Residential, Religious buildings)
10.5.2. Mexico
10.5.2.1. Application
10.5.2.1.1. Commercial
10.5.2.1.2. Healthcare
10.5.2.1.3. Education & Institutional
10.5.2.1.4. Hospitality
10.5.2.1.5. Others(Residential, Religious buildings)
10.5.3. Rest of Latin America
11. Company Profiles for Top 10 Players (Based on data availability in public domain and/or on paid databases)
11.1. Guerdon Modular Buildings (U.S.).
11.1.1. Overview
11.1.1.1. Key Management
11.1.1.2. Headquarters
11.1.1.3. Offerings/Business Segments
11.1.2. Key Details (Key details are consolidated data and not product/service specific)
11.1.2.1. Employee Size
11.1.2.2. Past and Current Revenue
11.1.2.3. Geographical Share
11.1.2.4. Business Segment Share
11.1.2.5. Recent Developments
11.2. Laing O'Rourke (UK)
11.2.1. Overview
11.2.1.1. Key Management
11.2.1.2. Headquarters
11.2.1.3. Offerings/Business Segments
11.2.2. Key Details (Key details are consolidated data and not product/service specific)
11.2.2.1. Employee Size
11.2.2.2. Past and Current Revenue
11.2.2.3. Geographical Share
11.2.2.4. Business Segment Share
11.2.2.5. Recent Developments
11.3. ATCO (Canada).
11.3.1. Overview
11.3.1.1. Key Management
11.3.1.2. Headquarters
11.3.1.3. Offerings/Business Segments
11.3.2. Key Details (Key details are consolidated data and not product/service specific)
11.3.2.1. Employee Size
11.3.2.2. Past and Current Revenue
11.3.2.3. Geographical Share
11.3.2.4. Business Segment Share
11.3.2.5. Recent Developments
11.4. Red Sea International Company (Saudi Arabia)
11.4.1. Overview
11.4.1.1. Key Management
11.4.1.2. Headquarters
11.4.1.3. Offerings/Business Segments
11.4.2. Key Details (Key details are consolidated data and not product/service specific)
11.4.2.1. Employee Size
11.4.2.2. Past and Current Revenue
11.4.2.3. Geographical Share
11.4.2.4. Business Segment Share
11.4.2.5. Recent Developments
11.5. Bouygues Construction (France).
11.5.1. Overview
11.5.1.1. Key Management
11.5.1.2. Headquarters
11.5.1.3. Offerings/Business Segments
11.5.2. Key Details (Key details are consolidated data and not product/service specific)
11.5.2.1. Employee Size
11.5.2.2. Past and Current Revenue
11.5.2.3. Geographical Share
11.5.2.4. Business Segment Share
11.5.2.5. Recent Developments
11.6. VINCI Construction Grands Projets (UK)
11.6.1. Overview
11.6.1.1. Key Management
11.6.1.2. Headquarters
11.6.1.3. Offerings/Business Segments
11.6.2. Key Details (Key details are consolidated data and not product/service specific)
11.6.2.1. Employee Size
11.6.2.2. Past and Current Revenue
11.6.2.3. Geographical Share
11.6.2.4. Business Segment Share
11.6.2.5. Recent Developments
11.7. Skanska AB (Sweden)
11.7.1. Overview
11.7.1.1. Key Management
11.7.1.2. Headquarters
11.7.1.3. Offerings/Business Segments
11.7.2. Key Details (Key details are consolidated data and not product/service specific)
11.7.2.1. Employee Size
11.7.2.2. Past and Current Revenue
11.7.2.3. Geographical Share
11.7.2.4. Business Segment Share
11.7.2.5. Recent Developments
11.8. Algeco (UK).
11.8.1. Overview
11.8.1.1. Key Management
11.8.1.2. Headquarters
11.8.1.3. Offerings/Business Segments
11.8.2. Key Details (Key details are consolidated data and not product/service specific)
11.8.2.1. Employee Size
11.8.2.2. Past and Current Revenue
11.8.2.3. Geographical Share
11.8.2.4. Business Segment Share
11.8.2.5. Recent Developments
11.9. KLEUSBERG GmbH & Co. KG (Germany)
11.9.1. Overview
11.9.1.1. Key Management
11.9.1.2. Headquarters
11.9.1.3. Offerings/Business Segments
11.9.2. Key Details (Key details are consolidated data and not product/service specific)
11.9.2.1. Employee Size
11.9.2.2. Past and Current Revenue
11.9.2.3. Geographical Share
11.9.2.4. Business Segment Share
11.9.2.5. Recent Developments
11.10. Katerra (U.S.)
11.10.1. Overview
11.10.1.1. Key Management
11.10.1.2. Headquarters
11.10.1.3. Offerings/Business Segments
11.10.2. Key Details (Key details are consolidated data and not product/service specific)
11.10.2.1. Employee Size
11.10.2.2. Past and Current Revenue
11.10.2.3. Geographical Share
11.10.2.4. Business Segment Share
11.10.2.5. Recent Developments
11.11. Lend lease Corporation (Australia)
11.11.1. Overview
11.11.1.1. Key Management
11.11.1.2. Headquarters
11.11.1.3. Offerings/Business Segments
11.11.2. Key Details (Key details are consolidated data and not product/service specific)
11.11.2.1. Employee Size
11.11.2.2. Past and Current Revenue
11.11.2.3. Geographical Share
11.11.2.4. Business Segment Share
11.11.2.5. Recent Developments

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