Modular Construction Market 2024: Latest Industry Size, Growth, Trends, Share, and Forecasts to 2032
Explore the latest insights into the modular construction market, including industry size, growth rates, market trends, share, demand, and forecasts leading to 2032.
Explore the Latest Insights in the Modular Construction Market!
A new report from Fortune Business Insights™ titled Modular Construction Market: Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2032 provides a comprehensive analysis of the Modular Construction Market landscape. This report includes competitor and regional analyses, along with the latest advancements in the market.
Inside, you’ll find a detailed table of contents, figures, tables, and charts, complemented by insightful commentary. The Modular Construction Market sector has seen remarkable growth recently, driven by increasing product demand, a growing customer base, and technological innovations. This report thoroughly examines the Modular Construction Market, covering market size, trends, key drivers and constraints, competitive dynamics, and future growth prospects. Our goal is to delve deep into the industry to understand its dynamics and economic potential.
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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 significant growth, supported by various factors like rising product demand, an expanding customer base, and technological advancements. This report delivers an in-depth analysis of the market, including insights on market size, trends, key drivers and challenges, competitive dynamics, and future growth opportunities.
Top Companies in the Modular Construction Market:
Here are some leading manufacturers in the sector:
- 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 Segmentation by Segment
- Market Segmentation by Region
- Price Analysis
- Impact of COVID-19
- Market Forecast
This report provides insights into the market landscape, broken down by sub-regions and countries. It highlights potential profit opportunities alongside market share and growth rates 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 Highlights:
- Key growth drivers and challenges for the market.
- Comprehensive overview of regional developments.
- List of major industry players.
- Strategies adopted by key market players.
- Recent developments, including product launches and mergers.
The report also discusses limiting factors and the regional industrial presence that may impact market growth trends beyond 2032. Our market research aims to provide a thorough understanding of the industry’s potential and equip companies with the insights they need to make informed decisions. The Modular Construction Market Report spans over 100+ pages and includes a detailed table of contents, figures, tables, graphs, and extensive 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
- Industry Developments (Mergers, Acquisitions, 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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