Fortune Business Insights‘ “North America Modular Construction Market” research includes industry size, share, growth, segmentation, manufacturers and innovations, major trends, market drivers, constraints, regulations, distribution methods, opportunities, strategies, prospective road maps, and an annual forecast through 2030. The North America Modular Construction Industry Report 2024-2030, an authoritative source of statistics surveying, can help your company expand much quicker.
The North America modular construction market size is projected to grow at a CAGR of 7.1% during the forecast period. The North America market for modular construction is projected to grow from USD 21.49 billion in 2023 to USD 34.82 billion by 2030.
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The leading players in the global North America Modular Construction industry are:
Atco Ltd. (Canada), Katerra Inc.(U.S.), Mobile Modular Management Corporation (U.S.), Boxx Modular (Black Diamond Group) (U.S.), Aries Building Systems (U.S.), Vanguard Modular Building Systems (U.S.), Modular Genius (U.S.), Vesta Modular (U.S.), Triumph Modular Corporation (U.S.), Satellite Shelters (U.S.)
Competitive Landscape & Company Profiles:
The competition landscape and company profile chapters of the market study cover the key players in the North America Modular Construction Market. The leading market players are assessed based on their product and/or service offerings, financial statements, key advancements, market strategy, market position, geographical penetration, and other important factors. The chapter also goes over the strengths, weaknesses, opportunities, and threats (SWOT analysis), winning imperatives, present emphasis and tactics, and competitive threats for the top three to five market participants. Furthermore, the list of firms included in the market analysis may be adjusted to meet the client’s specific demands.
Reasons to Purchase this Report:
- A complete assessment of the market’s growth drivers, barriers, opportunities, and other problems.
- Follows developments such as new product releases, agreements, mergers and acquisitions, geographical expansions, and joint ventures.
- Determines market constraints and boosters.
Industrial Summary:
The North America modular construction market is growing with a focus on efficient and sustainable building practices. Modular construction, offering benefits such as reduced construction time and cost, is increasingly utilized for residential and commercial projects, supporting the region’s push towards innovative construction solutions.. Recent industry developments are;
- Pacific Mobile Structure, a regional provider of prefabricated construction modules, acquired the Texas-based family-owned group Sustainable Modular Management (SMM). With this acquisition, Pacific Mobile will be able to expand its affordable housing business in Texas.
- MiTek, a subsidiary company of Berkshire Hathaway, launched its own modular construction company. Berkshire Hathaway Inc. is entering the U.S. construction and real estate business with this strategy.
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North America Modular Construction Market Research Objectives:
- Concentrates on key manufacturers to define, describe, and investigate their value, sales volume, market share, competitive landscape, SWOT analysis, and future development plans.
- To disseminate comprehensive information on the key market growth factors.
- Analyze individual future prospects, growth patterns, and their impact on the whole market.
- Consider plausible market developments such as partnerships, expansions, new product launches, and acquisitions.
- To systematically characterize important players and examine their growth plans.
Regional Analysis:
- North America (U.S., Canada and Mexico)
- Europe (U.K., France, Germany, Italy, Spain, Benelux, Russia, Nordics, and the Rest of Europe)
- Asia Pacific (India, Japan, South Korea, ASEAN, China, Oceania, and the Rest of Asia Pacific)
- Middle East and Africa (Turkey, Israel, North Africa, GCC, South Africa, and the Rest of the Middle East & Africa)
- South America (Argentina, Brazil, and the Rest of South America)
Report Drivers & Trends Analysis:
The report also discusses the market growth drivers and restraints, as well as their specific impact on demand during the forecast period. This report also covers growth factors, developments, trends, challenges, limitations, and growth opportunities. This section focuses on North America Modular Construction Market trends and changing dynamics. Furthermore, the study offers a forward-looking perspective on various factors that are expected to drive overall market growth.
Key Drives:
- Growing demand for quick and cost-effective construction solutions.
- Adoption of modular construction in the healthcare and education sectors.
- Focus on sustainable building practices and reducing construction waste.
Restraining Factors:
- Resistance to change from traditional construction methods.
- Regulatory and zoning challenges specific to modular construction.
Key questions answered in the report:
- What is the historical global market size for North America Modular Construction Market?
- What are the current market forecasts and estimates?
- What are the key drivers, restraints, and opportunities in the North America Modular Construction industry?
- Who are the main players in the North America Modular Construction Market, and what is their market share?
- How is the competitive landscape?
- What are the most recent developments in North America Modular Construction industry?
- What are the various strategies used by the major market players?
- What are the geographical trends and the countries with the highest growth rates?
- Who are the local emerging players in the global North America Modular Construction Market, and how do they compete with the established players?
Table of Contents:
- Introduction
- Research Scope
- Market Segmentation
- Research Methodology
- Definitions and Assumptions
- Executive Summary
- Market Dynamics
- Drivers
- Restraints
- Opportunities
- Key Insights
- Industry Developments – Mergers, Acquisitions, and Partnerships
- Porter’s Five Forces Analysis
- SWOT Analysis
- Technological Advancements
- Value Chain Analysis
TOC Continued…!
FAQs: –
What are the global market’s sales, production, consumption, imports, and exports (North America, Europe, Asia-Pacific, South America, the Middle East, Africa)?
Who are the major manufacturers that dominate the global market?
What are their current capacity, production, sales, pricing, cost, gross, and revenue levels?
What are the market’s risks and opportunities?
Conclusion
This North America Modular Construction Market research report is a valuable resource for stakeholders seeking to make informed decisions and capitalize on growth opportunities in the [industry/sector]. Businesses can foster innovation and achieve long-term growth if they understand market trends and consumer behaviors.
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