North America Modular Construction Market Size, Share & Industry Trends Analysis Report By Product (Permanent, and Relocatable), By Material (Steel, Wood, Concrete, and Others), By Application, By Country and Growth Forecast, 2023 - 2030

North America Modular Construction Market Size, Share & Industry Trends Analysis Report By Product (Permanent, and Relocatable), By Material (Steel, Wood, Concrete, and Others), By Application, By Country and Growth Forecast, 2023 - 2030


The North America Modular Construction Market would witness market growth of 7.2% CAGR during the forecast period (2023-2030).

Ongoing research and development in materials science and fabrication techniques are leading to innovations in modular construction. New materials with enhanced durability, thermal efficiency, and sustainability are being explored, contributing to improving modular construction methodologies. Modular construction is witnessing a trend towards greater customization and design innovation. As technology allows for more sophisticated modular designs, architects and developers push the boundaries of what can be achieved with modular construction, creating visually stunning and highly functional structures.

In addition, hybrid construction methods, combining modular and traditional construction elements, are becoming more prevalent. This approach allows for a tailored solution that leverages the speed and efficiency of modular construction while incorporating traditional elements where needed for specific project requirements. The market is experiencing the expansion, with increased adoption in various regions. As awareness grows and industry stakeholders recognize the benefits of modular construction, the market is diversifying, leading to a more widespread and diversified use of modular methodologies.

As per the data from the Government of Canada, the Ministry of Indigenous Services announced an investment of $1,380,000 in Smart Modular Canada, a Thunder Bay-based business that designs, manufactures, ships, and installs modular buildings. The investment will help Smart Modular Canada expand operations. Therefore, increasing construction investments and initiatives in North America countries will help expand the modular construction market in the region.

The US region dominated the North America Modular Construction Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $34,253.1 million by 2030. The Canada region is experiencing a CAGR of 9.6% during (2023 - 2030). Additionally, The Mexico region would exhibit a CAGR of 8.7% during (2023 - 2030).

Based on Product, the market is segmented into Permanent, and Relocatable. Based on Material, the market is segmented into Steel, Wood, Concrete, and Others. Based on Application, the market is segmented into Residential, Commercial, Industrial, Healthcare, and Educational. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Sekisui House, Ltd., LAING O'ROURKE, Red Sea International Company, Skanska Group AB, Premier Modular Limited, KLEUSBERG GmbH & Co. KG, Wernick Group, Lendlease Corporation Limited, Hickory Group and Guerdon, LLC.

Scope of the Study

Market Segments covered in the Report:

By Product
  • Permanent
  • Relocatable
By Material
  • Steel
  • Wood
  • Concrete
  • Others
By Application
  • Residential
  • Commercial
  • Industrial
  • Healthcare
  • Educational
By Country
  • US
  • Canada
  • Mexico
  • Rest of North America
Companies Profiled
  • Sekisui House, Ltd.
  • LAING O'ROURKE
  • Red Sea International Company
  • Skanska Group AB
  • Premier Modular Limited
  • KLEUSBERG GmbH & Co. KG
  • Wernick Group
  • Lendlease Corporation Limited
  • Hickory Group
  • Guerdon, LLC
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Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Modular Construction Market, by Product
1.4.2 North America Modular Construction Market, by Material
1.4.3 North America Modular Construction Market, by Application
1.4.4 North America Modular Construction Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.3 Porter’s Five Forces Analysis
Chapter 4. Strategies Deployed in Modular Construction Market
Chapter 5. North America Modular Construction Market by Product
5.1 North America Permanent Market by Region
5.2 North America Relocatable Market by Region
Chapter 6. North America Modular Construction Market by Material
6.1 North America Steel Market by Country
6.2 North America Wood Market by Country
6.3 North America Concrete Market by Country
6.4 North America Others Market by Country
Chapter 7. North America Modular Construction Market by Application
7.1 North America Residential Market by Country
7.2 North America Commercial Market by Country
7.3 North America Industrial Market by Country
7.4 North America Healthcare Market by Country
7.5 North America Educational Market by Country
Chapter 8. North America Modular Construction Market by Country
8.1 US Modular Construction Market
8.1.1 US Modular Construction Market by Product
8.1.2 US Modular Construction Market by Material
8.1.3 US Modular Construction Market by Application
8.2 Canada Modular Construction Market
8.2.1 Canada Modular Construction Market by Product
8.2.2 Canada Modular Construction Market by Material
8.2.3 Canada Modular Construction Market by Application
8.3 Mexico Modular Construction Market
8.3.1 Mexico Modular Construction Market by Product
8.3.2 Mexico Modular Construction Market by Material
8.3.3 Mexico Modular Construction Market by Application
8.4 Rest of North America Modular Construction Market
8.4.1 Rest of North America Modular Construction Market by Product
8.4.2 Rest of North America Modular Construction Market by Material
8.4.3 Rest of North America Modular Construction Market by Application
Chapter 9. Company Profiles
9.1 Sekisui House, Ltd.
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental Analysis
9.1.4 Research & Development Expenses
9.1.5 Recent strategies and developments:
9.1.5.1 Product Launches and Product Expansions:
9.1.5.2 Acquisition and Mergers:
9.1.6 SWOT Analysis
9.2 LAING O'ROURKE
9.2.1 Company Overview
9.2.2 Recent strategies and developments:
9.2.2.1 Product Launches and Product Expansions:
9.2.3 SWOT Analysis
9.3 Red Sea International Company
9.3.1 Company Overview
9.3.2 Recent strategies and developments:
9.3.2.1 Acquisition and Mergers:
9.3.3 SWOT Analysis
9.4 Skanska Group AB
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Research & Development Expenses
9.4.5 Recent strategies and developments:
9.4.5.1 Partnerships, Collaborations, and Agreements:
9.4.6 SWOT Analysis
9.5 Premier Modular Limited
9.5.1 Company Overview
9.5.2 SWOT Analysis
9.6 KLEUSBERG GmbH & Co. KG
9.6.1 Company Overview
9.7 Wernick Group
9.7.1 Company Overview
9.7.2 Recent strategies and developments:
9.7.2.1 Acquisition and Mergers:
9.8 Lendlease Corporation Limited
9.8.1 Company Overview
9.8.2 Recent strategies and developments:
9.8.2.1 Product Launches and Product Expansions:
9.8.3 SWOT Analysis
9.9 Hickory Group
9.9.1 Company Overview
9.10. Guerdon, LLC
9.10.1 Company Overview

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