Modular construction is a process to illustrate the use of factory made pre-engineered building parts that are transported to site and assembled as large volumetric components or as significant elements of a building.
This report aims to provide a comprehensive presentation of the global market for Modular Construction, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Modular Construction. This report contains market size and forecasts of Modular Construction in global, including the following market information:
- Global Modular Construction Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Modular Construction market was valued at US$ 96010 million in 2022 and is projected to reach US$ 137480 million by 2029, at a CAGR of 5.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is to reach $ Million.
Walls Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Modular Construction include ACS Group, Skanska AB, Komatsu, LARSEN & TOUBRO, Balfour Beatty, Kiewit Corporation, Taisei Corporation, Red Sea Housing and System House, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Modular Construction companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Modular Construction Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Modular Construction Market Segment Percentages, by Type, 2022 (%)
- Walls
- Roof & Floors
- Columns & Beams
- Others
Global Modular Construction Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Modular Construction Market Segment Percentages, by Application, 2022 (%)
- Commercial
- Residential
- Industrial
Global Modular Construction Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Modular Construction Market Segment Percentages, By Region and Country, 2022 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Modular Construction revenues in global market, 2018-2023 (estimated), ($ millions)
- Key companies Modular Construction revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
- ACS Group
- Skanska AB
- Komatsu
- LARSEN & TOUBRO
- Balfour Beatty
- Kiewit Corporation
- Taisei Corporation
- Red Sea Housing
- System House
- Bouygues Construction
- Outline of Major Chapters:
- Chapter 1: Introduces the definition of Modular Construction, market overview.
- Chapter 2: Global Modular Construction market size in revenue.
- Chapter 3: Detailed analysis of Modular Construction company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
- Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
- Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
- Chapter 6: Sales of Modular Construction in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
- Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
- Chapter 8: The main points and conclusions of the report.