China Modular Construction Market: Key Players, Growth Drivers, and Forecast by 2024

The China Modular Construction Market sector is undergoing significant transformation, with substantial growth and technological advancements expected by 2032. According to a new in-depth market research report, the sector is poised for expansion, driven by various factors such as market size, share, and emerging trends.

This comprehensive report provides key insights into the China Modular Construction Market, exploring critical market segmentation and definitions. It highlights the essential components driving growth, offering a clear picture of the industry’s trajectory. Utilizing SWOT and PESTEL analyses, the report evaluates the market’s strengths, weaknesses, opportunities, and threats, while also considering political, economic, social, technological, environmental, and legal factors that impact the market landscape.

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Market Summary:

The China modular construction market size was valued at USD 15.45 billion in 2022. The market is projected to grow from USD 16.25 billion in 2023 to USD 24.92 billion by 2030, exhibiting a CAGR of 6.3% during the forecast period.

Recent industry developments are;

• May 2021 – Saint-Gobain, a global glass and glass solution provider, partnered with InDeco, an interior decorator company in China. Saint-Bobain successfully expanded its business of modular and prefabricated construction in China through this partnership. Which is responsible for increasing Saint Gobain’s market share in China.
• March 2022 – Finland based Peikko Group acquired a major share in China-based prefabricated construction company Shanghai Shucko Construction Technology Co. Ltd. By this acquisition, Peikko Group had expanded their business in China.

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.

Major Players:

Ark Prefab Co., Ltd. , Atlantic Modular System, China State Construction, CIMC Modular Building Systems, GS Housing, Hangxiao Steel Structure, Kong Sing Building Co., Ltd., Ningbo Deepblue Smart House Co., Ltd., Shanghai Haisheng Special Metal Box Co., Ltd., Zhejiang Putian Integrated Housing Co., Ltd.

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China Modular Construction Market Segmentation:

By Type

• Permanent (PMC)
• Relocatable

By Material

• Concrete
• Steel
• Wood

By Application

• Commercial
• Healthcare
• Educational & institution
• Hostility
• Others (Residential, Religious Buildings)

Reasons to purchase this report:

This report offers a detailed analysis of the competitive landscape, emerging growth areas, market conditions, and key trends within the China Modular Construction Market. It helps businesses identify expansion opportunities while addressing potential risks and challenges. By assessing product portfolios and business segments, the report provides valuable insights that guide stakeholders in formulating informed investment and market strategies.

The in-depth understanding of industry dynamics presented in the report supports the creation of effective strategies for success in the China Modular Construction Market, greatly enhancing decision-making. Overall, this report is an essential resource for those looking to stay updated in this rapidly evolving industry.

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Drivers & Restraints:

• Drivers:
  • Rapid urbanization and increasing demand for affordable housing solutions driving the adoption of modular construction techniques in urban areas.
  • Government initiatives and policies promoting sustainable building practices and efficient construction methods enhancing the growth of the modular construction market.
• Restraints:
  • High initial investment costs and potential logistical challenges in transporting modular units may deter smaller construction firms from adopting modular methods.
  • Regulatory barriers and varying standards across regions complicating the implementation of modular construction projects.

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…!

China Modular Construction Market Regional Segmentation:

• East China
• South China
• North China
• Southwest China
• Northeast China
• Central China

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