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report thumbnailModular Construction Market

Modular Construction Market 2024 to Grow at 6.5 CAGR with 84.48 USD billion  Market Size: Analysis and Forecasts 2032

Modular Construction Market, Forecast 2024-2032

Nov 20 2024
Base Year: 2023
180 Pages
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Modular Construction Market 2024 to Grow at 6.5 CAGR with 84.48 USD billion  Market Size: Analysis and Forecasts 2032

Key Insights

The Modular Construction market size was valued at USD 84.48 USD billion in 2023 and is projected to reach USD 131.28 USD billion by 2032, exhibiting a CAGR of 6.5 % during the forecast period. Modular construction is a prefabrication technique where buildings are built in modules away from the site and transported to the site for actual installation. There are several types available: volumetric; panelised; and hybrid – each suited to different projects. This approach has several attributes including accuracy of engineering, ability to complete construction projects in shorter durations, and waste reduction. Uses of modular construction can be found in single-family and multi-family homes, offices, retail establishments, hospitals, schools, and factories. This is from affordable housing projects to high-rise buildings to even health care facilities its applications are endless. Notable advantages are economics in as off-site fabrication significantly reduces labor costs and material wastage. Also, modular construction is beneficial for sustainability as it means better use and fewer resources wasted. It also makes for quicker project completion since it can be assembled in a relatively shorter duration thereby leading to earlier occupancy or utilization.

Modular Construction Market Research Report - Market Size, Growth & Forecast

Modular Construction Trends

  • Increasing adoption of modular construction in commercial and healthcare sectors
  • Growing preference for sustainable and environmentally friendly building materials
  • Emergence of off-site construction techniques and advancements in design tools

Driving Forces: What's Propelling the Modular Construction Market

  • Cost-Effectiveness: Modular construction offers substantial cost savings in terms of labor and materials.
  • Time Efficiency: By assembling modules in controlled factory environments, construction time is significantly reduced.
  • Quality Control: Modules are manufactured under stringent quality standards, ensuring precision and consistency that traditional construction methods cannot match.

Challenges and Restraints in Modular Construction Market

  • Skilled Labor Shortage: The industry requires skilled workers for assembly and installation.
  • Transportation and Logistics: Transporting modular units can be challenging, especially in urban areas.
  • Zoning Restrictions: Some municipalities have restrictions on the use of modular construction in certain areas.

Emerging Trends in Modular Construction

  • Prefabricated Whole Building Systems: Complete building units are constructed off-site and assembled on the site.
  • Virtual and Augmented Reality: Advanced technologies used for design, planning, and visualization of modular projects.
  • Modular Bathroom and Kitchen Units: Pre-assembled units offer convenience and cost savings.

Growth Catalysts in the Modular Construction Industry

Modular Construction Market Growth
  • Government incentives for sustainable building practices
  • Increasing urbanization and demand for affordable housing
  • Technological advancements and improved design capabilities

Market Segmentation: Modular Construction Analysis

Type:

  • Permanent Modular Construction
  • Relocatable Modular Construction

Material:

  • Wood
  • Steel
  • Concrete

Application:

  • Commercial
  • Healthcare
  • Education & Institutional
  • Hospitality
  • Others

Leading Players in the Modular Construction Market

  • 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)
  • Lendlease Corporation (Australia)

Significant Developments in the Modular Construction Sector

  • Partnerships: Companies are collaborating to provide comprehensive modular construction solutions.
  • Acquisitions: Leading players are acquiring smaller companies to expand their capabilities and geographic reach.
  • Research and Development: Industry leaders are investing in R&D to improve design and construction techniques.

Comprehensive Coverage Modular Construction Market Report

This report provides a detailed analysis of the global modular construction market, including key trends, drivers, restraints, opportunities, and growth strategies. It also provides regional insights and profiles of leading players.

Regional Insight

  • North America: Dominates the market with a strong presence in both commercial and residential sectors.
  • Europe: Experiences consistent growth, driven by government initiatives and the growing demand for eco-friendly building solutions.
  • Asia-Pacific: Anticipated to be the fastest-growing region due to rapid urbanization and extensive infrastructure development.

Modular Construction Market REPORT HIGHLIGHTS

AspectsDetails
Study Period 2018-2032
Base Year 2023
Estimated Year 2024
Forecast Period2024-2032
Historical Period2018-2023
Growth RateCAGR of 6.5% from 2018-2032
Segmentation
  • By Type
    • Permanent Modular Construction and Relocatable Modular Construction
  • By Material
    • Wood
    • Steel and Concrete
  • By Application
    • Commercial
    • Healthcare
    • Education & Institutional
    • Hospitality
    • and Others
  • By Geography
  • North America
    • United States
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Europe
    • Germany
    • France
    • Italy
    • United Kingdom
    • Netherlands
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Taiwan
    • Australia
    • Rest of Asia-Pacific
  • MEA
    • Middle East
    • Africa

Frequently Asked Questions

Table Of Content
  1. 1. Introduction
    • 1.1. Research Scope
    • 1.2. Market Segmentation
    • 1.3. Research Methodology
    • 1.4. Definitions and Assumptions
  2. 2. Executive Summary
    • 2.1. Introduction
  3. 3. Market Dynamics
    • 3.1. Introduction
      • 3.2. Market Drivers
        • 3.2.1. Rising Demand from the Automotive and Construction Sectors to Aid Market Growth
      • 3.3. Market Restrains
        • 3.3.1. Rising Offsite Manufacturing Investments & Financial Crisis Hinders the Market Growth
      • 3.4. Market Trends
        • 3.4.1. Technological Advancement in Equipment to Propel Market Growth
  4. 4. Market Factor Analysis
    • 4.1. Porters Five Forces
    • 4.2. Supply/Value Chain
    • 4.3. PESTEL analysis
    • 4.4. Market Entropy
    • 4.5. Patent/Trademark Analysis
  5. 5. Global Modular Construction Market Analysis, Insights and Forecast, 2018-2030
    • 5.1. Market Analysis, Insights and Forecast - by Region
    • 6. North America Modular Construction Market Analysis, Insights and Forecast, 2018-2030
        • 6.1. Market Analysis, Insights and Forecast - By Type
          • 6.1.1. Permanent Modular Construction and Relocatable Modular Construction
        • 6.2. Market Analysis, Insights and Forecast - By Material
          • 6.2.1 Wood
          • 6.2.2 Steel and Concrete
        • 6.3. Market Analysis, Insights and Forecast - By Application
          • 6.3.1 Commercial
          • 6.3.2 Healthcare
          • 6.3.3 Education & Institutional
          • 6.3.4 Hospitality
          • 6.3.5 and Others
        • 6.4. Market Analysis, Insights and Forecast - By Country/Sub-region
          • 6.4.1 United States
          • 6.4.2 Canada
          • 6.4.3 Mexico
    • 7. South America Modular Construction Market Analysis, Insights and Forecast, 2018-2030
        • 7.1. Market Analysis, Insights and Forecast - By Type
          • 7.1.1. Permanent Modular Construction and Relocatable Modular Construction
        • 7.2. Market Analysis, Insights and Forecast - By Material
          • 7.2.1 Wood
          • 7.2.2 Steel and Concrete
        • 7.3. Market Analysis, Insights and Forecast - By Application
          • 7.3.1 Commercial
          • 7.3.2 Healthcare
          • 7.3.3 Education & Institutional
          • 7.3.4 Hospitality
          • 7.3.5 and Others
        • 7.4. Market Analysis, Insights and Forecast - By Country/Sub-region
          • 7.4.1 Brazil
          • 7.4.2 Argentina
          • 7.4.3 Rest of South America
    • 8. Europe Modular Construction Market Analysis, Insights and Forecast, 2018-2030
        • 8.1. Market Analysis, Insights and Forecast - By Type
          • 8.1.1. Permanent Modular Construction and Relocatable Modular Construction
        • 8.2. Market Analysis, Insights and Forecast - By Material
          • 8.2.1 Wood
          • 8.2.2 Steel and Concrete
        • 8.3. Market Analysis, Insights and Forecast - By Application
          • 8.3.1 Commercial
          • 8.3.2 Healthcare
          • 8.3.3 Education & Institutional
          • 8.3.4 Hospitality
          • 8.3.5 and Others
        • 8.4. Market Analysis, Insights and Forecast - By Country/Sub-region
          • 8.4.1 Germany
          • 8.4.2 France
          • 8.4.3 Italy
          • 8.4.4 United Kingdom
          • 8.4.5 Netherlands
          • 8.4.6 Rest of Europe
    • 9. Asia Pacific Modular Construction Market Analysis, Insights and Forecast, 2018-2030
        • 9.1. Market Analysis, Insights and Forecast - By Type
          • 9.1.1. Permanent Modular Construction and Relocatable Modular Construction
        • 9.2. Market Analysis, Insights and Forecast - By Material
          • 9.2.1 Wood
          • 9.2.2 Steel and Concrete
        • 9.3. Market Analysis, Insights and Forecast - By Application
          • 9.3.1 Commercial
          • 9.3.2 Healthcare
          • 9.3.3 Education & Institutional
          • 9.3.4 Hospitality
          • 9.3.5 and Others
        • 9.4. Market Analysis, Insights and Forecast - By Country/Sub-region
          • 9.4.1 China
          • 9.4.2 Japan
          • 9.4.3 India
          • 9.4.4 South Korea
          • 9.4.5 Taiwan
          • 9.4.6 Australia
          • 9.4.7 Rest of Asia-Pacific
    • 10. MEA Modular Construction Market Analysis, Insights and Forecast, 2018-2030
        • 10.1. Market Analysis, Insights and Forecast - By Type
          • 10.1.1. Permanent Modular Construction and Relocatable Modular Construction
        • 10.2. Market Analysis, Insights and Forecast - By Material
          • 10.2.1 Wood
          • 10.2.2 Steel and Concrete
        • 10.3. Market Analysis, Insights and Forecast - By Application
          • 10.3.1 Commercial
          • 10.3.2 Healthcare
          • 10.3.3 Education & Institutional
          • 10.3.4 Hospitality
          • 10.3.5 and Others
        • 10.4. Market Analysis, Insights and Forecast - By Country/Sub-region
          • 10.4.1 Middle East
          • 10.4.2 Africa
    • 11. Competitive Analysis
      • 11.1. Global Market Share Analysis 2023
        • 11.2. Company Profiles
          • 11.2.1 Guerdon Modular Buildings (U.S.)
            • 11.2.1.1. Overview
            • 11.2.1.2. Products
            • 11.2.1.3. SWOT Analysis
            • 11.2.1.4. Recent Developments
            • 11.2.1.5. Financials (Based on Availability)
          • 11.2.2 Laing O'Rourke (U.K.)
            • 11.2.2.1. Overview
            • 11.2.2.2. Products
            • 11.2.2.3. SWOT Analysis
            • 11.2.2.4. Recent Developments
            • 11.2.2.5. Financials (Based on Availability)
          • 11.2.3 ATCO (Canada)
            • 11.2.3.1. Overview
            • 11.2.3.2. Products
            • 11.2.3.3. SWOT Analysis
            • 11.2.3.4. Recent Developments
            • 11.2.3.5. Financials (Based on Availability)
          • 11.2.4 Red Sea International Company (Saudi Arabia)
            • 11.2.4.1. Overview
            • 11.2.4.2. Products
            • 11.2.4.3. SWOT Analysis
            • 11.2.4.4. Recent Developments
            • 11.2.4.5. Financials (Based on Availability)
          • 11.2.5 Bouygues Construction (France)
            • 11.2.5.1. Overview
            • 11.2.5.2. Products
            • 11.2.5.3. SWOT Analysis
            • 11.2.5.4. Recent Developments
            • 11.2.5.5. Financials (Based on Availability)
          • 11.2.6 VINCI Construction Grands Projets (U.K.)
            • 11.2.6.1. Overview
            • 11.2.6.2. Products
            • 11.2.6.3. SWOT Analysis
            • 11.2.6.4. Recent Developments
            • 11.2.6.5. Financials (Based on Availability)
          • 11.2.7 Skanska AB (Sweden)
            • 11.2.7.1. Overview
            • 11.2.7.2. Products
            • 11.2.7.3. SWOT Analysis
            • 11.2.7.4. Recent Developments
            • 11.2.7.5. Financials (Based on Availability)
          • 11.2.8 Algeco (U.K.)
            • 11.2.8.1. Overview
            • 11.2.8.2. Products
            • 11.2.8.3. SWOT Analysis
            • 11.2.8.4. Recent Developments
            • 11.2.8.5. Financials (Based on Availability)
          • 11.2.9 KLEUSBERG GmbH & Co. KG (Germany)
            • 11.2.9.1. Overview
            • 11.2.9.2. Products
            • 11.2.9.3. SWOT Analysis
            • 11.2.9.4. Recent Developments
            • 11.2.9.5. Financials (Based on Availability)
          • 11.2.10 Katerra (U.S.)
            • 11.2.10.1. Overview
            • 11.2.10.2. Products
            • 11.2.10.3. SWOT Analysis
            • 11.2.10.4. Recent Developments
            • 11.2.10.5. Financials (Based on Availability)
          • 11.2.11 Lendlease Corporation (Australia)
            • 11.2.11.1. Overview
            • 11.2.11.2. Products
            • 11.2.11.3. SWOT Analysis
            • 11.2.11.4. Recent Developments
            • 11.2.11.5. Financials (Based on Availability)
    List of Figures
    1. Figure 1: Global Modular Construction Market Revenue Breakdown (USD billion, %) by Region 2023 & 2031
    2. Figure 2: Global Modular Construction Market Volume Breakdown (K Units, %) by Region 2023 & 2031
    3. Figure 3: Global Modular Construction Market Revenue (USD billion), by Region 2023 & 2031
    4. Figure 4: Global Modular Construction Market Volume (K Units), by Region 2023 & 2031
    5. Figure 5: Global Modular Construction Market Revenue Share (%), by Region 2023 & 2031
    6. Figure 6: Global Modular Construction Market Volume Share (%), by Region 2023 & 2031
    7. Figure 7: North America Modular Construction Market Revenue (USD billion), by Type 2023 & 2031
    8. Figure 8: North America Modular Construction Market Volume (K Units), by Type 2023 & 2031
    9. Figure 9: North America Modular Construction Market Revenue Share (%), by Type 2023 & 2031
    10. Figure 10: North America Modular Construction Market Volume Share (%), by Type 2023 & 2031
    11. Figure 11: North America Modular Construction Market Revenue (USD billion), by Material 2023 & 2031
    12. Figure 12: North America Modular Construction Market Volume (K Units), by Material 2023 & 2031
    13. Figure 13: North America Modular Construction Market Revenue Share (%), by Material 2023 & 2031
    14. Figure 14: North America Modular Construction Market Volume Share (%), by Material 2023 & 2031
    15. Figure 15: North America Modular Construction Market Revenue (USD billion), by Application 2023 & 2031
    16. Figure 16: North America Modular Construction Market Volume (K Units), by Application 2023 & 2031
    17. Figure 17: North America Modular Construction Market Revenue Share (%), by Application 2023 & 2031
    18. Figure 18: North America Modular Construction Market Volume Share (%), by Application 2023 & 2031
    19. Figure 19: North America Modular Construction Market Revenue (USD billion), by Country 2023 & 2031
    20. Figure 20: North America Modular Construction Market Volume (K Units), by Country 2023 & 2031
    21. Figure 21: North America Modular Construction Market Revenue Share (%), by Country 2023 & 2031
    22. Figure 22: North America Modular Construction Market Volume Share (%), by Country 2023 & 2031
    23. Figure 23: South America Modular Construction Market Revenue (USD billion), by Type 2023 & 2031
    24. Figure 24: South America Modular Construction Market Volume (K Units), by Type 2023 & 2031
    25. Figure 25: South America Modular Construction Market Revenue Share (%), by Type 2023 & 2031
    26. Figure 26: South America Modular Construction Market Volume Share (%), by Type 2023 & 2031
    27. Figure 27: South America Modular Construction Market Revenue (USD billion), by Material 2023 & 2031
    28. Figure 28: South America Modular Construction Market Volume (K Units), by Material 2023 & 2031
    29. Figure 29: South America Modular Construction Market Revenue Share (%), by Material 2023 & 2031
    30. Figure 30: South America Modular Construction Market Volume Share (%), by Material 2023 & 2031
    31. Figure 31: South America Modular Construction Market Revenue (USD billion), by Application 2023 & 2031
    32. Figure 32: South America Modular Construction Market Volume (K Units), by Application 2023 & 2031
    33. Figure 33: South America Modular Construction Market Revenue Share (%), by Application 2023 & 2031
    34. Figure 34: South America Modular Construction Market Volume Share (%), by Application 2023 & 2031
    35. Figure 35: South America Modular Construction Market Revenue (USD billion), by Country 2023 & 2031
    36. Figure 36: South America Modular Construction Market Volume (K Units), by Country 2023 & 2031
    37. Figure 37: South America Modular Construction Market Revenue Share (%), by Country 2023 & 2031
    38. Figure 38: South America Modular Construction Market Volume Share (%), by Country 2023 & 2031
    39. Figure 39: Europe Modular Construction Market Revenue (USD billion), by Type 2023 & 2031
    40. Figure 40: Europe Modular Construction Market Volume (K Units), by Type 2023 & 2031
    41. Figure 41: Europe Modular Construction Market Revenue Share (%), by Type 2023 & 2031
    42. Figure 42: Europe Modular Construction Market Volume Share (%), by Type 2023 & 2031
    43. Figure 43: Europe Modular Construction Market Revenue (USD billion), by Material 2023 & 2031
    44. Figure 44: Europe Modular Construction Market Volume (K Units), by Material 2023 & 2031
    45. Figure 45: Europe Modular Construction Market Revenue Share (%), by Material 2023 & 2031
    46. Figure 46: Europe Modular Construction Market Volume Share (%), by Material 2023 & 2031
    47. Figure 47: Europe Modular Construction Market Revenue (USD billion), by Application 2023 & 2031
    48. Figure 48: Europe Modular Construction Market Volume (K Units), by Application 2023 & 2031
    49. Figure 49: Europe Modular Construction Market Revenue Share (%), by Application 2023 & 2031
    50. Figure 50: Europe Modular Construction Market Volume Share (%), by Application 2023 & 2031
    51. Figure 51: Europe Modular Construction Market Revenue (USD billion), by Country 2023 & 2031
    52. Figure 52: Europe Modular Construction Market Volume (K Units), by Country 2023 & 2031
    53. Figure 53: Europe Modular Construction Market Revenue Share (%), by Country 2023 & 2031
    54. Figure 54: Europe Modular Construction Market Volume Share (%), by Country 2023 & 2031
    55. Figure 55: Asia Pacific Modular Construction Market Revenue (USD billion), by Type 2023 & 2031
    56. Figure 56: Asia Pacific Modular Construction Market Volume (K Units), by Type 2023 & 2031
    57. Figure 57: Asia Pacific Modular Construction Market Revenue Share (%), by Type 2023 & 2031
    58. Figure 58: Asia Pacific Modular Construction Market Volume Share (%), by Type 2023 & 2031
    59. Figure 59: Asia Pacific Modular Construction Market Revenue (USD billion), by Material 2023 & 2031
    60. Figure 60: Asia Pacific Modular Construction Market Volume (K Units), by Material 2023 & 2031
    61. Figure 61: Asia Pacific Modular Construction Market Revenue Share (%), by Material 2023 & 2031
    62. Figure 62: Asia Pacific Modular Construction Market Volume Share (%), by Material 2023 & 2031
    63. Figure 63: Asia Pacific Modular Construction Market Revenue (USD billion), by Application 2023 & 2031
    64. Figure 64: Asia Pacific Modular Construction Market Volume (K Units), by Application 2023 & 2031
    65. Figure 65: Asia Pacific Modular Construction Market Revenue Share (%), by Application 2023 & 2031
    66. Figure 66: Asia Pacific Modular Construction Market Volume Share (%), by Application 2023 & 2031
    67. Figure 67: Asia Pacific Modular Construction Market Revenue (USD billion), by Country 2023 & 2031
    68. Figure 68: Asia Pacific Modular Construction Market Volume (K Units), by Country 2023 & 2031
    69. Figure 69: Asia Pacific Modular Construction Market Revenue Share (%), by Country 2023 & 2031
    70. Figure 70: Asia Pacific Modular Construction Market Volume Share (%), by Country 2023 & 2031
    71. Figure 71: MEA Modular Construction Market Revenue (USD billion), by Type 2023 & 2031
    72. Figure 72: MEA Modular Construction Market Volume (K Units), by Type 2023 & 2031
    73. Figure 73: MEA Modular Construction Market Revenue Share (%), by Type 2023 & 2031
    74. Figure 74: MEA Modular Construction Market Volume Share (%), by Type 2023 & 2031
    75. Figure 75: MEA Modular Construction Market Revenue (USD billion), by Material 2023 & 2031
    76. Figure 76: MEA Modular Construction Market Volume (K Units), by Material 2023 & 2031
    77. Figure 77: MEA Modular Construction Market Revenue Share (%), by Material 2023 & 2031
    78. Figure 78: MEA Modular Construction Market Volume Share (%), by Material 2023 & 2031
    79. Figure 79: MEA Modular Construction Market Revenue (USD billion), by Application 2023 & 2031
    80. Figure 80: MEA Modular Construction Market Volume (K Units), by Application 2023 & 2031
    81. Figure 81: MEA Modular Construction Market Revenue Share (%), by Application 2023 & 2031
    82. Figure 82: MEA Modular Construction Market Volume Share (%), by Application 2023 & 2031
    83. Figure 83: MEA Modular Construction Market Revenue (USD billion), by Country 2023 & 2031
    84. Figure 84: MEA Modular Construction Market Volume (K Units), by Country 2023 & 2031
    85. Figure 85: MEA Modular Construction Market Revenue Share (%), by Country 2023 & 2031
    86. Figure 86: MEA Modular Construction Market Volume Share (%), by Country 2023 & 2031
    List of Tables
    1. Table 1: Global Modular Construction Market Revenue USD billion Forecast, by Type 2018 & 2031
    2. Table 2: Global Modular Construction Market Volume K Units Forecast, by Type 2018 & 2031
    3. Table 3: Global Modular Construction Market Revenue USD billion Forecast, by Material 2018 & 2031
    4. Table 4: Global Modular Construction Market Volume K Units Forecast, by Material 2018 & 2031
    5. Table 5: Global Modular Construction Market Revenue USD billion Forecast, by Application 2018 & 2031
    6. Table 6: Global Modular Construction Market Volume K Units Forecast, by Application 2018 & 2031
    7. Table 7: Global Modular Construction Market Revenue USD billion Forecast, by Region 2018 & 2031
    8. Table 8: Global Modular Construction Market Volume K Units Forecast, by Region 2018 & 2031
    9. Table 9: Global Modular Construction Market Revenue USD billion Forecast, by Region 2018 & 2031
    10. Table 10: Global Modular Construction Market Volume K Units Forecast, by Region 2018 & 2031
    11. Table 11: Global Modular Construction Market Revenue USD billion Forecast, by Type 2018 & 2031
    12. Table 12: Global Modular Construction Market Volume K Units Forecast, by Type 2018 & 2031
    13. Table 13: Global Modular Construction Market Revenue USD billion Forecast, by Material 2018 & 2031
    14. Table 14: Global Modular Construction Market Volume K Units Forecast, by Material 2018 & 2031
    15. Table 15: Global Modular Construction Market Revenue USD billion Forecast, by Application 2018 & 2031
    16. Table 16: Global Modular Construction Market Volume K Units Forecast, by Application 2018 & 2031
    17. Table 17: Global Modular Construction Market Revenue USD billion Forecast, by Country 2018 & 2031
    18. Table 18: Global Modular Construction Market Volume K Units Forecast, by Country 2018 & 2031
    19. Table 19: United States Modular Construction Market Revenue (USD billion) Forecast, by Application 2018 & 2031
    20. Table 20: United States Modular Construction Market Volume (K Units) Forecast, by Application 2018 & 2031
    21. Table 21: Canada Modular Construction Market Revenue (USD billion) Forecast, by Application 2018 & 2031
    22. Table 22: Canada Modular Construction Market Volume (K Units) Forecast, by Application 2018 & 2031
    23. Table 23: Mexico Modular Construction Market Revenue (USD billion) Forecast, by Application 2018 & 2031
    24. Table 24: Mexico Modular Construction Market Volume (K Units) Forecast, by Application 2018 & 2031
    25. Table 25: Global Modular Construction Market Revenue USD billion Forecast, by Type 2018 & 2031
    26. Table 26: Global Modular Construction Market Volume K Units Forecast, by Type 2018 & 2031
    27. Table 27: Global Modular Construction Market Revenue USD billion Forecast, by Material 2018 & 2031
    28. Table 28: Global Modular Construction Market Volume K Units Forecast, by Material 2018 & 2031
    29. Table 29: Global Modular Construction Market Revenue USD billion Forecast, by Application 2018 & 2031
    30. Table 30: Global Modular Construction Market Volume K Units Forecast, by Application 2018 & 2031
    31. Table 31: Global Modular Construction Market Revenue USD billion Forecast, by Country 2018 & 2031
    32. Table 32: Global Modular Construction Market Volume K Units Forecast, by Country 2018 & 2031
    33. Table 33: Brazil Modular Construction Market Revenue (USD billion) Forecast, by Application 2018 & 2031
    34. Table 34: Brazil Modular Construction Market Volume (K Units) Forecast, by Application 2018 & 2031
    35. Table 35: Argentina Modular Construction Market Revenue (USD billion) Forecast, by Application 2018 & 2031
    36. Table 36: Argentina Modular Construction Market Volume (K Units) Forecast, by Application 2018 & 2031
    37. Table 37: Rest of South America Modular Construction Market Revenue (USD billion) Forecast, by Application 2018 & 2031
    38. Table 38: Rest of South America Modular Construction Market Volume (K Units) Forecast, by Application 2018 & 2031
    39. Table 39: Global Modular Construction Market Revenue USD billion Forecast, by Type 2018 & 2031
    40. Table 40: Global Modular Construction Market Volume K Units Forecast, by Type 2018 & 2031
    41. Table 41: Global Modular Construction Market Revenue USD billion Forecast, by Material 2018 & 2031
    42. Table 42: Global Modular Construction Market Volume K Units Forecast, by Material 2018 & 2031
    43. Table 43: Global Modular Construction Market Revenue USD billion Forecast, by Application 2018 & 2031
    44. Table 44: Global Modular Construction Market Volume K Units Forecast, by Application 2018 & 2031
    45. Table 45: Global Modular Construction Market Revenue USD billion Forecast, by Country 2018 & 2031
    46. Table 46: Global Modular Construction Market Volume K Units Forecast, by Country 2018 & 2031
    47. Table 47: Germany Modular Construction Market Revenue (USD billion) Forecast, by Application 2018 & 2031
    48. Table 48: Germany Modular Construction Market Volume (K Units) Forecast, by Application 2018 & 2031
    49. Table 49: France Modular Construction Market Revenue (USD billion) Forecast, by Application 2018 & 2031
    50. Table 50: France Modular Construction Market Volume (K Units) Forecast, by Application 2018 & 2031
    51. Table 51: Italy Modular Construction Market Revenue (USD billion) Forecast, by Application 2018 & 2031
    52. Table 52: Italy Modular Construction Market Volume (K Units) Forecast, by Application 2018 & 2031
    53. Table 53: United Kingdom Modular Construction Market Revenue (USD billion) Forecast, by Application 2018 & 2031
    54. Table 54: United Kingdom Modular Construction Market Volume (K Units) Forecast, by Application 2018 & 2031
    55. Table 55: Netherlands Modular Construction Market Revenue (USD billion) Forecast, by Application 2018 & 2031
    56. Table 56: Netherlands Modular Construction Market Volume (K Units) Forecast, by Application 2018 & 2031
    57. Table 57: Rest of Europe Modular Construction Market Revenue (USD billion) Forecast, by Application 2018 & 2031
    58. Table 58: Rest of Europe Modular Construction Market Volume (K Units) Forecast, by Application 2018 & 2031
    59. Table 59: Global Modular Construction Market Revenue USD billion Forecast, by Type 2018 & 2031
    60. Table 60: Global Modular Construction Market Volume K Units Forecast, by Type 2018 & 2031
    61. Table 61: Global Modular Construction Market Revenue USD billion Forecast, by Material 2018 & 2031
    62. Table 62: Global Modular Construction Market Volume K Units Forecast, by Material 2018 & 2031
    63. Table 63: Global Modular Construction Market Revenue USD billion Forecast, by Application 2018 & 2031
    64. Table 64: Global Modular Construction Market Volume K Units Forecast, by Application 2018 & 2031
    65. Table 65: Global Modular Construction Market Revenue USD billion Forecast, by Country 2018 & 2031
    66. Table 66: Global Modular Construction Market Volume K Units Forecast, by Country 2018 & 2031
    67. Table 67: China Modular Construction Market Revenue (USD billion) Forecast, by Application 2018 & 2031
    68. Table 68: China Modular Construction Market Volume (K Units) Forecast, by Application 2018 & 2031
    69. Table 69: Japan Modular Construction Market Revenue (USD billion) Forecast, by Application 2018 & 2031
    70. Table 70: Japan Modular Construction Market Volume (K Units) Forecast, by Application 2018 & 2031
    71. Table 71: India Modular Construction Market Revenue (USD billion) Forecast, by Application 2018 & 2031
    72. Table 72: India Modular Construction Market Volume (K Units) Forecast, by Application 2018 & 2031
    73. Table 73: South Korea Modular Construction Market Revenue (USD billion) Forecast, by Application 2018 & 2031
    74. Table 74: South Korea Modular Construction Market Volume (K Units) Forecast, by Application 2018 & 2031
    75. Table 75: Taiwan Modular Construction Market Revenue (USD billion) Forecast, by Application 2018 & 2031
    76. Table 76: Taiwan Modular Construction Market Volume (K Units) Forecast, by Application 2018 & 2031
    77. Table 77: Australia Modular Construction Market Revenue (USD billion) Forecast, by Application 2018 & 2031
    78. Table 78: Australia Modular Construction Market Volume (K Units) Forecast, by Application 2018 & 2031
    79. Table 79: Rest of Asia-Pacific Modular Construction Market Revenue (USD billion) Forecast, by Application 2018 & 2031
    80. Table 80: Rest of Asia-Pacific Modular Construction Market Volume (K Units) Forecast, by Application 2018 & 2031
    81. Table 81: Global Modular Construction Market Revenue USD billion Forecast, by Type 2018 & 2031
    82. Table 82: Global Modular Construction Market Volume K Units Forecast, by Type 2018 & 2031
    83. Table 83: Global Modular Construction Market Revenue USD billion Forecast, by Material 2018 & 2031
    84. Table 84: Global Modular Construction Market Volume K Units Forecast, by Material 2018 & 2031
    85. Table 85: Global Modular Construction Market Revenue USD billion Forecast, by Application 2018 & 2031
    86. Table 86: Global Modular Construction Market Volume K Units Forecast, by Application 2018 & 2031
    87. Table 87: Global Modular Construction Market Revenue USD billion Forecast, by Country 2018 & 2031
    88. Table 88: Global Modular Construction Market Volume K Units Forecast, by Country 2018 & 2031
    89. Table 89: Middle East Modular Construction Market Revenue (USD billion) Forecast, by Application 2018 & 2031
    90. Table 90: Middle East Modular Construction Market Volume (K Units) Forecast, by Application 2018 & 2031
    91. Table 91: Africa Modular Construction Market Revenue (USD billion) Forecast, by Application 2018 & 2031
    92. Table 92: Africa Modular Construction Market Volume (K Units) Forecast, by Application 2018 & 2031
    AspectsDetails
    Study Period 2018-2032
    Base Year 2023
    Estimated Year 2024
    Forecast Period2024-2032
    Historical Period2018-2023
    Growth RateCAGR of 6.5% from 2018-2032
    Segmentation
    • By Type
      • Permanent Modular Construction and Relocatable Modular Construction
    • By Material
      • Wood
      • Steel and Concrete
    • By Application
      • Commercial
      • Healthcare
      • Education & Institutional
      • Hospitality
      • and Others
    • By Geography
    • North America
      • United States
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Rest of South America
    • Europe
      • Germany
      • France
      • Italy
      • United Kingdom
      • Netherlands
      • Rest of Europe
    • Asia Pacific
      • China
      • Japan
      • India
      • South Korea
      • Taiwan
      • Australia
      • Rest of Asia-Pacific
    • MEA
      • Middle East
      • Africa

    STEP 1 - Identification of Relevant Samples Size from Population Database

    Step Chart
    bar chart
    method chart

    STEP 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)

    approach chart
    Top-down and bottom-up approaches are used to validate the global market size and estimate the market size for manufactures, regional segemnts, product and application.

    Note* : In applicable scenarios

    STEP 3 - Data Sources

    Primary Research

    • Web Analytics
    • Survey Reports
    • Research Institute
    • Latest Research Reports
    • Opinion Leaders

    Secondary Research

    • Annual Reports
    • White Paper
    • Latest Press Release
    • Industry Association
    • Paid Database
    • Investor Presentations
    approach chart

    STEP 4 - Data Triangulation

    Involves using different sources of information in order to increase the validity of a study

    These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.

    Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.

    During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence

    Additionally after gathering mix and scattered data from wide range of sources, data is triangull- ated and correlated to come up with estimated figures which are further validated through primary mediums, or industry experts, opinion leader.
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