Modular Construction Market Overview

The Modular Construction market report is a combination of primary and secondary research methods. It includes a detailed analysis of global and regional market size and share. An in-depth analysis of the Modular Construction market dynamics and regional insights makes the report an investor’s guide.

Market Value:

Modular Construction Market size was valued at US$ 80.52 Bn. in 2022 and the total revenue is expected to grow at a CAGR of 6.1% through 2022 to 2029, reaching nearly US$ 121.88 Bn.

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Modular Construction Market Report Scope and Research Methodology

The report includes detailed analysis of Modular Construction market dynamics including opportunities, restraints, challenges and drivers. The primary and secondary research methods were employed to collect and verify the data for the Modular Construction market report. The Maximize Market Research Analyst conducted primary research surveys with the identified Modular Construction companies and while interviewing, the respondents were also enquired about their competitors. Through secondary research, the analyst sourced the list of companies in the industry along with a detailed examination of the macroeconomic and microeconomic factors that have shaped the Modular Construction industry dynamics has been provided in the report. SWOT analysis was conducted to provide the strengths and weaknesses of the key players in the Modular Construction Industry.

Modular Construction Market Segmentation

The market is divided into two categories: Permanent and Relocatable. By 2029, the sector of permanent modular construction is anticipated to hold the biggest market shares. Using offshore and lean manufacturing technologies, permanent modular construction (PMC), a sustainable and innovative building method, prefabricates single- or multi-story structures in modular components. It is possible to shape PMC to fit into an existing structure. The Hawaii Film Studio, for instance, used PMC to meet stringent timelines and financial restrictions. Restaurants, hotels, schools, and healthcare facilities are a few instances of permanent modular construction.

The market is divided into steel, wood, and concrete segments based on the kind of material. In terms of material usage, steel holds the largest market share for modular construction worldwide. It is renowned for having a high strength-to-weight ratio. Relocatable buildings with steel frames have a variety of benefits over those with wood frames. These characteristics, which all help to minimise the need for repairs and maintenance over the course of the structure's life, include design flexibility, strength, structural integrity, durability, security, and fire resistance.

The market is divided into Residential, Office, Education, Retail & Commercial, Hospitality, Healthcare, and Others based on End-Use Sector. Many healthcare groups and hospital contractors are turning to modular construction for baths, headwalls, and even entire facilities. Modular architecture is advantageous for uses in the medical, surgical, clinical, and dental fields since it is peaceful, secure, and hygienic. In this market, cutting construction schedules and prices is a priority, but high-quality building materials and designs are also desired. These are the main factors that, over the forecast period of 2023–2029, are anticipated to propel this segment's growth in the global market for modular construction.

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Table of Content: Modular Construction Market

Part 01: Executive Summary

Part 02: Scope of the Modular Construction Market Report

Part 03: Global Modular Construction Market Landscape

Part 04: Global Modular Construction Market Sizing

Part 05: Global Modular Construction Market Segmentation by Type

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

Modular Construction Market Key Players

An in-depth analysis of key players in the Modular Construction market is included in this report.

1. ATCO 2. Anderco Pte. Ltd. 3. Giant Containers Inc. 4. Honomobo Corporation 5. Lendlease Corporation 6. SG Blocks, Inc. 7. Skanska AB 8. Speed House Group of Companies 9. Supertech Industries LLC 10.Tempohousing. 11.Laing O’Rourke 12.Red Sea Housing 13.Atco Ltd. 14.Algeco Scotsman 15.Kleusberg GmbH 16.Katerra 17.Bechtel Corporation 18.Fluor Corporation

Modular Construction Market Regional Analysis

The report includes a detailed analysis of several key countries including Modular Construction market size, CAGR, drivers, restraints, opportunities, challenges and a detailed analysis of key players. The regions and the countries covered in the report are:

North America (U.S., Canada, Mexico)
Europe (UK, Germany, France, Spain, Italy, Rest of Europe)
Asia Pacific (China, India, Japan, Australia, South Korea, ASEAN Countries, Rest of APAC)
South America (Brazil)
The Middle East and Africa
Key Questions answered in the Modular Construction Market Report are:

What is Modular Construction Market?
What was the Modular Construction Market size in 2022?
What will be the CAGR of the Modular Construction market during the forecast period?
Which region held the largest market share in the Modular Construction Market?
What are the opportunities for the Modular Construction Market?
What factors are hampering the Modular Construction market growth?
Which company held the largest share in the Modular Construction market?
What key trends are likely to emerge in the Modular Construction market in the coming years?
What growth strategies are the players considering to increase their presence in Modular Construction Market?

Key offerings:

Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2023−2029
Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation – A detailed analysis of segments and sub-segments
Competitive Landscape – Profiles of selected key players by region from a strategic perspective
Competitive landscape – Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER’s analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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