Modular Construction Market: Top Companies and Growth Forecast 2024-2032

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Market Summary:

The “Modular Construction Market Research Report Overview by 2024” market size is reached USD 79.92 billion by 2022 and it is expected to reach USD 131.58 billion by 2030 between the forecast period and expected Compound annual growth rate of 6.5% between the forcast period by (2022-2030).

The Modular Construction Market has experienced substantial growth in recent years, driven by several key factors, including rising demand for its products, a widening customer base, and advancements in technology. This report offers an in-depth analysis of the market, covering aspects such as market size, trends, drivers and constraints, competitive dynamics, and future growth prospects.

Top Companies of Modular Construction Market:

Most of the manufacturers in the market report are listed below:

• 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)

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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

Market Coverage:

• Market Trends
• Market Breakup by Segment
• Market Breakup by Region
• Price Analysis
• Impact of COVID-19
• Market Forecast

The Modular Construction Market report offers insights into the market landscape, which is further divided into sub-regions and countries. Alongside the market share for each country and sub-region, this section of the report highlights potential profit opportunities. Additionally, it details the market share and growth rate for each region.

Regional Analysis:

• 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)

Report coverage:

• Key growth drivers, restraining factors, opportunities and potential challenges for the market.
• Complete knowledge of regional developments.
• List of major industry players.
• Key strategies adopted by market players.
• Recent industry developments include product launches, partnerships, mergers and acquisitions.

The report also highlights limiting factors and regional industrial presence that may impact market growth trends beyond the forecast period of 2032. The market research aims to gain a complete understanding of the industry’s potential and provide information that will help companies to make informed decisions. The Modular Construction Market Report is an impressive 100+ page document that includes a comprehensive table of contents, a list of figures, tables and graphs, as well as a comprehensive analysis.

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…!

Industry Developments:

• 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.

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