Modular Construction Market Size, Share, Growth, Trends, Demand, Drivers & Industry Analysis, This comprehensive report delves into critical market segmentation and definitions, providing key insights into the KW. It highlights the critical components driving growth and provides a clear picture of the industry’s trajectory. Using SWOT and PESTEL analyses, the report assesses the market’s strengths, weaknesses, opportunities, and threats, as well as political, economic, social, technological, environmental, and legal factors that influence the landscape.

The study provides valuable insights into the competitive landscape, focusing on recent developments and geographical distribution across key regions. Expert competitor analysis provides a thorough understanding of market dynamics and strategic advice to businesses and investors.

Market Summary:

The global modular construction market size was valued at USD 84.63 billion in 2023. The market is projected to grow from USD 89.64 billion in 2024 to USD 151.48 billion by 2032, exhibiting a CAGR of 6.8% during the forecast period.

With robust analysis and future projections, this report serves as a vital resource for stakeholders looking to capitalize on emerging opportunities and navigate challenges in the Modular Construction Market, recent industry developments are;

  • SG Blocks Inc., a designer and fabricator of modern modular blocks, partnered with ATCO Structures. Through this partnership, both companies contribute to the national modular fleet rollout in the U.S.
  • Modulaire Group, a global provider of modular spaces and business areas, acquired Procomm Site Service Ltd., which provides portable, modular accommodation in Europe. Through this acquisition, Modulaire group can strengthen its market position in the European market.
  • Etex Group has announced acquiring a majority stake in e-Loft. This French offsite construction company offers solutions in three modular domains: single-family modular homes, modular multifamily residential complexes, and 3D wood technology-based custom-designed buildings. This acquisition is expected to boost Etex Group’s modular construction business.
  • Balfour Beatty has acquired two residential community developments, Retreat at Schillinger in Schillinger, Alabama, and Paces Brook in Columbia, South Carolina, in a multifamily property deal with ApexOne Investment Partners, adding 530 residential units to the company’s multifamily portfolio.
  • Algeco Group, a global service provider in modular and prefabricated construction, acquired Wexus Group AS, a modular space rental service provider. Through this partnership, Algeco Group extended its footprints in Nordic countries.

This report profiles key players in the Modular Construction Market based on the following parameters – company details (found date, headquarters, manufacturing bases), product portfolio, sales data, market share and ranking.

Major Players:

Many prominent players are focusing on sustainability strategies to determine the market’s future direction. These major upgrades and strategies are expected to open up new revenue streams for manufacturers in the long run. Companies includes Guerdon Modular Buildings (U.S.), Laing O’Rourke (U.K.), ATCO (Canada), Red Sea International Company (Saudi Arabia), Bouygues Construction (France), VINCI Construction Grands Projets (U.K.), Skanska AB (Sweden), Algeco (U.K.), KLEUSBERG GmbH & Co. KG (Germany), Katerra (U.S.), Lendlease Corporation (Australia)

Segmentation:

Modular Construction Market Size, Share & Industry Analysis, By Type (Permanent Modular Construction and Relocatable Modular Construction), By Material (Wood, Steel and Concrete) By Application (Commercial, Healthcare, Education & Institutional, Hospitality, and Others), and Regional Forecast, 2023-2030

Browse Detailed TOC, Tables and Figures with Charts which is spread across 100+ Pages that provides exclusive data, information, vital statistics, trends, and competitive landscape details in this niche sector.

Table of Contents:

  • Introduction
    • Research Scope
    • Market Segmentation
    • Research Methodology
    • Definitions and Assumptions
  • Executive Summary
  • Market Dynamics
    • Market Drivers
    • Market Restraints
    • Market Opportunities
  • Key Insights
    • Key Industry Developments – Merger, Acquisitions, and Partnerships
    • Porter’s Five Forces Analysis
    • SWOT Analysis
    • Technological Developments
    • Value Chain Analysis

TOC Continued…!

Modular Construction Market Drivers & Restrains:

  • Drivers:
    • Growing demand for faster construction timelines and reduced labor costs in the building industry.
    • Increased focus on sustainability and energy efficiency, with modular construction offering eco-friendly solutions.
  • Restraints:
    • Challenges related to financing and investment in modular construction projects compared to traditional methods.
    • Regulatory hurdles and building codes that may not fully accommodate modular designs and processes.

Reasons to Purchase the Report:

This report profiles key players in the Modular Construction Market, covering essential parameters such as company details (founding date, headquarters, and manufacturing bases), product portfolio, sales data, market share, and rankings.

It offers key insights into market drivers, restraints, opportunities, emerging trends, and regional outlook.

The report provides an in-depth analysis of the Modular Construction Market, including market size (in US$ Million) and the CAGR forecast for the period 2024-2032, with 2023 as the base year.

It highlights potential market opportunities across various segments and presents attractive investment proposition matrices for the market.

Segmentation 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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