June 20, 2024

Modular Construction Market Size to Touch US$ 148.9 billion by 2030

According To Vision Research Reports study on modular construction market offers exclusive insights into key growth drivers, restraints and business opportunities. The report underscores some of the popular strategies that market players undertake to gain competitive edge.

Vision Research Reports offer the information regarding all the critical aspects of the market such as product types, application spectrum, sales network and distribution channels, geographies and other key factors.

The Global modular construction market size is expected to reach around US$ 148.9 billion by 2030 and is anticipated to grow at a CAGR of 7.4% during forecast period 2021 to 2030.

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Report ScopeDetails
Market SizeUS$ 148.9 billion by 2030
Growth RateCAGR of 7.4% From 2021 to 2030
Largest MarketEurope
Base Year2021
Forecast Period2021 to 2030
Segments CoveredType, Application
Regional ScopeNorth America, Europe, Asia Pacific, Latin America, Middle East & Africa
Companies MentionedLaing O’Rourke; Katerra; Skanska AB; Red Sea Housing; DuBox; Sekisui House Ltd.; KLEUSBERG GmbH & Co KG

Growth Factor

Increasing emphasis on improving productivity and rising focus on workplace safety at construction sites are expected to drive the market over the forecast period.

The process involves the prefabrication of modules at a different location from the actual site in a controlled environment, resulting in reduced timelines for completing building projects. This process allows planned inventory usage and limited wastage of raw materials, thereby, significantly reducing the investment required for building work. Assembly lines for modular construction help producers streamline raw material purchasing and inventory management.

Modular constructions are monitored regularly, ensuring a better quality of final products. Furthermore, they can be easily replaced or recycled during renovation activities, thus making them more user-friendly. The permanent modular construction segment dominated the industry in Sweden and accounted for 69.20% of the overall market share in 2020 owing to increased demand for residential wooden housing structures in the region.

The modular construction market report contains company profiles of the top companies operating in the market along with their respective revenue and operating segments, market footprint, strategic developments, headquarters, growth rates, recent developments, product /services, expansion strategies, investments in expansion, and more.

This modular construction market report offers historical data points and forecasts and revenue growth at a global, regional, and country level, latest industry trends, and consumption pattern details for each region, major country, and segment from 2021 to 2030.

The market report also covers technical data, manufacturing and production costs, research and development activities, regulatory framework, economic factors, and globalization. The report further segments the modular construction market on the basis of Leading Companies Profiled, and key regions of modular construction market.

What is our report scope?

This report focuses on the modular construction market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. The modular construction market report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market.

COVID-19 has compressed the global economy and with it the manufacturing and marketing sector, production, disruption, financial.

The significant drop in COVID-19 cases due to mass inoculations programs worldwide are anticipated to increase revenue flow in the global economy and contribute to the growth of the car electrical products market. The COVID-19 impact has changed the growth projections of many sectors and businesses. The analysts put their excellent and well-researched opinions in the report. The opinions will help the stakeholders to make their strategy accordingly.

Key Players

  • Laing O’Rourke
  • Katerra
  • Skanska AB
  • Red Sea Housing
  • DuBox
  • Sekisui House Ltd
  • KLEUSBERG GmbH & Co KG

Market Segmentation

  • By Type
    • Relocatable
    • Permanent
  •  By Application
    • Residential
    • Commercial
    • Industrial
    • Healthcare
    • Educational
  • Regional
    • North America
      • U.S.
      • Canada
      • Mexico
    • Europe
      • Germany
      • U.K.
      • Sweden
    • Asia Pacific
      • China
      • India
      • Japan
      • Australia
      • Singapore
    • Central & South America
      • Brazil
    • Middle East & Africa
      • Saudi Arabia
      • UAE

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Key insights presented in This Market Research:

  • Market revenue shares by major business players with market segmentation and its scope
  • Sales revenue by key players and new entrants, additionally the report contains knowledge information on customers, competitors, vendors/distributors, and alternative players and within the global marketplace
  • Competitive analysis of key players, as well as company summary, product or services specification, vendors, and buyers.
  • Recent mergers, acquisitions, product launches, recent investments, and joint ventures
  • Regional analysis to produce insight into recent trends and opportunities.
  • To predict the market size, in key regions (along with countries) North America, Europe, Asia Pacific, geographical region and Middle East and continent

Table of Contents

Chapter 1.  Introduction

1.1.  Research Objective

1.2.  Scope of the Study

1.3.  Definition

Chapter 2.  Research Methodology

2.1.  Research Approach

2.2.  Data Sources

2.3.  Assumptions & Limitations

Chapter 3.  Executive Summary

3.1.  Market Snapshot

Chapter 4.  Market Variables and Scope

4.1.  Introduction

4.2.  Market Classification and Scope

4.3.  Industry Value Chain Analysis

4.3.1.    Raw Material Procurement Analysis

4.3.2.    Sales and Distribution Channel Analysis

4.3.3.    Downstream Buyer Analysis

Chapter 5.  Market Dynamics Analysis and Trends

5.1.  Market Dynamics

5.1.1.    Market Drivers

5.1.2.    Market Restraints

5.1.3.    Market Opportunities

5.2.  Porter’s Five Forces Analysis

5.2.1.    Bargaining power of suppliers

5.2.2.    Bargaining power of buyers

5.2.3.    Threat of substitute

5.2.4.    Threat of new entrants

5.2.5.    Degree of competition

Chapter 6.  Competitive Landscape

6.1.1.    Company Market Share/Positioning Analysis

6.1.2.    Key Strategies Adopted by Players

6.1.3.    Vendor Landscape

6.1.3.1.        List of Suppliers

6.1.3.2.        List of Buyers

Chapter 7.  Global Modular Construction Market, By Type

7.1.  Modular Construction Market, by Type, 2021-2030

7.1.1.    Relocatable

7.1.1.1.        Market Revenue and Forecast (2017-2030)

7.1.2.    Permanent

7.1.2.1.        Market Revenue and Forecast (2017-2030)

Chapter 8.  Global Modular Construction Market, By Application

8.1.  Modular Construction Market, by Application, 2021-2030

8.1.1.    Residential

8.1.1.1.        Market Revenue and Forecast (2017-2030)

8.1.2.    Commercial

8.1.2.1.        Market Revenue and Forecast (2017-2030)

8.1.3.    Industrial

8.1.3.1.        Market Revenue and Forecast (2017-2030)

8.1.4.    Healthcare

8.1.4.1.        Market Revenue and Forecast (2017-2030)

8.1.5.    Educational

8.1.5.1.        Market Revenue and Forecast (2017-2030)

Chapter 9.  Global Modular Construction Market, Regional Estimates and Trend Forecast

9.1.  North America

9.1.1.    Market Revenue and Forecast, by Type (2017-2030)

9.1.2.    Market Revenue and Forecast, by Application (2017-2030)

9.1.3.    U.S.

9.1.3.1.        Market Revenue and Forecast, by Type (2017-2030)

9.1.3.2.        Market Revenue and Forecast, by Application (2017-2030)

9.1.4.    Rest of North America

9.1.4.1.        Market Revenue and Forecast, by Type (2017-2030)

9.1.4.2.        Market Revenue and Forecast, by Application (2017-2030)

9.2.  Europe

9.2.1.    Market Revenue and Forecast, by Type (2017-2030)

9.2.2.    Market Revenue and Forecast, by Application (2017-2030)

9.2.3.    UK

9.2.3.1.        Market Revenue and Forecast, by Type (2017-2030)

9.2.3.2.        Market Revenue and Forecast, by Application (2017-2030)

9.2.4.    Germany

9.2.4.1.        Market Revenue and Forecast, by Type (2017-2030)

9.2.4.2.        Market Revenue and Forecast, by Application (2017-2030)

9.2.5.    France

9.2.5.1.        Market Revenue and Forecast, by Type (2017-2030)

9.2.5.2.        Market Revenue and Forecast, by Application (2017-2030)

9.2.6.    Rest of Europe

9.2.6.1.        Market Revenue and Forecast, by Type (2017-2030)

9.2.6.2.        Market Revenue and Forecast, by Application (2017-2030)

9.3.  APAC

9.3.1.    Market Revenue and Forecast, by Type (2017-2030)

9.3.2.    Market Revenue and Forecast, by Application (2017-2030)

9.3.3.    India

9.3.3.1.        Market Revenue and Forecast, by Type (2017-2030)

9.3.3.2.        Market Revenue and Forecast, by Application (2017-2030)

9.3.4.    China

9.3.4.1.        Market Revenue and Forecast, by Type (2017-2030)

9.3.4.2.        Market Revenue and Forecast, by Application (2017-2030)

9.3.5.    Japan

9.3.5.1.        Market Revenue and Forecast, by Type (2017-2030)

9.3.5.2.        Market Revenue and Forecast, by Application (2017-2030)

9.3.6.    Rest of APAC

9.3.6.1.        Market Revenue and Forecast, by Type (2017-2030)

9.3.6.2.        Market Revenue and Forecast, by Application (2017-2030)

9.4.  MEA

9.4.1.    Market Revenue and Forecast, by Type (2017-2030)

9.4.2.    Market Revenue and Forecast, by Application (2017-2030)

9.4.3.    GCC

9.4.3.1.        Market Revenue and Forecast, by Type (2017-2030)

9.4.3.2.        Market Revenue and Forecast, by Application (2017-2030)

9.4.4.    North Africa

9.4.4.1.        Market Revenue and Forecast, by Type (2017-2030)

9.4.4.2.        Market Revenue and Forecast, by Application (2017-2030)

9.4.5.    South Africa

9.4.5.1.        Market Revenue and Forecast, by Type (2017-2030)

9.4.5.2.        Market Revenue and Forecast, by Application (2017-2030)

9.4.6.    Rest of MEA

9.4.6.1.        Market Revenue and Forecast, by Type (2017-2030)

9.4.6.2.        Market Revenue and Forecast, by Application (2017-2030)

9.5.  Latin America

9.5.1.    Market Revenue and Forecast, by Type (2017-2030)

9.5.2.    Market Revenue and Forecast, by Application (2017-2030)

9.5.3.    Brazil

9.5.3.1.        Market Revenue and Forecast, by Type (2017-2030)

9.5.3.2.        Market Revenue and Forecast, by Application (2017-2030)

9.5.4.    Rest of LATAM

9.5.4.1.        Market Revenue and Forecast, by Type (2017-2030)

9.5.4.2.        Market Revenue and Forecast, by Application (2017-2030)

Chapter 10.  Company Profiles

10.1.              Laing O’Rourke

10.1.1.  Company Overview

10.1.2.  Type Offerings

10.1.3.  Financial Performance

10.1.4.  Recent Initiatives

10.2.              Katerra

10.2.1.  Company Overview

10.2.2.  Type Offerings

10.2.3.  Financial Performance

10.2.4.  Recent Initiatives

10.3.              Skanska AB

10.3.1.  Company Overview

10.3.2.  Type Offerings

10.3.3.  Financial Performance

10.3.4.  Recent Initiatives

10.4.              Red Sea Housing

10.4.1.  Company Overview

10.4.2.  Type Offerings

10.4.3.  Financial Performance

10.4.4.  Recent Initiatives

10.5.              DuBox

10.5.1.  Company Overview

10.5.2.  Type Offerings

10.5.3.  Financial Performance

10.5.4.  Recent Initiatives

10.6.              Sekisui House Ltd

10.6.1.  Company Overview

10.6.2.  Type Offerings

10.6.3.  Financial Performance

10.6.4.  Recent Initiatives

10.7.              KLEUSBERG GmbH & Co KG

10.7.1.  Company Overview

10.7.2.  Type Offerings

10.7.3.  Financial Performance

10.7.4.  Recent Initiatives

Chapter 11.  Research Methodology

11.1.              Primary Research

11.2.              Secondary Research

11.3.              Assumptions

Chapter 12.  Appendix

12.1.              About Us

12.2.              Glossary of Terms

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