Global Prefabrication and Modular Construction Market Research Report 2025(Status and Outlook)

Report Overview

The prefabrication and modular construction market involves the off-site manufacturing of building components or entire modules in a controlled factory environment before transporting and assembling them on-site. This method significantly reduces construction time, labor costs, and material waste while improving quality control and sustainability. The industry includes a wide range of applications, from residential and commercial buildings to healthcare facilities, educational institutions, and industrial structures. Modular construction can be categorized into volumetric (fully assembled units) and panelized (flat-pack components), with growing adoption of advanced materials and digital technologies like Building Information Modeling (BIM) to enhance precision and efficiency. Demand is driven by urbanization, housing shortages, and the need for cost-effective, scalable, and eco-friendly construction solutions, though challenges such as transportation logistics, regulatory hurdles, and initial capital investment persist. The market is further influenced by trends like smart buildings, green construction standards, and the increasing use of automation and robotics in prefabrication processes.

The global Prefabrication and Modular Construction market size was estimated at USD 22598.78 million in 2024, exhibiting a CAGR of 6.85% during the forecast period.

This report provides a deep insight into the global Prefabrication and Modular Construction market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Prefabrication and Modular Construction Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Prefabrication and Modular Construction market in any manner.

Global Prefabrication and Modular Construction Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

ACS Group

Skanska AB

Komatsu

LARSEN & TOUBRO

Balfour Beatty

Kiewit Corporation

Taisei Corporation

Red Sea Housing

System House

Bouygues Construction

KLEUSBERG

Lendlease

Laing O’Rourke

ATCO

VINCI

Algeco Scotsman

Guerdon Modular Buildings

Palomar Modular Buildings

Stack Modular

Westchester Modular

Kiewit Corporation

JL Modular Inc

System House

Julius Berger

Market Segmentation (by Type)

Temporary Construction

Permanent Construction

Market Segmentation (by Application)

Public Health Emergency

Commercial

Residential

Industrial

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Prefabrication and Modular Construction Market

Overview of the regional outlook of the Prefabrication and Modular Construction Market:

Chapter Outline

Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.

Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Prefabrication and Modular Construction Market and its likely evolution in the short to mid-term, and long term.

Chapter 3 makes a detailed analysis of the market's competitive landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.

Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.

Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.

Chapter 9 shares the main producing countries of Prefabrication and Modular Construction, their output value, profit level, regional supply, production capacity layout, etc. from the supply side.

Chapter 10 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.

Chapter 11 provides a quantitative analysis of the market size and development potential of each region in the next five years.

Chapter 12 provides a quantitative analysis of the market size and development potential of each market segment in the next five years.

Chapter 13 is the main points and conclusions of the report.

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors

You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents

The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly

Provision of market value data for each segment and sub-segment

Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market

Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region

Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled

Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players

The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions

Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis

Provides insight into the market through Value Chain

Market dynamics scenario, along with growth opportunities of the market in the years to come


1 Research Methodology and Statistical Scope
1.1 Market Definition and Statistical Scope of Prefabrication and Modular Construction
1.2 Key Market Segments
1.2.1 Prefabrication and Modular Construction Segment by Type
1.2.2 Prefabrication and Modular Construction Segment by Application
1.3 Methodology & Sources of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown and Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 Prefabrication and Modular Construction Market Overview
2.1 Global Market Overview
2.1.1 Global Prefabrication and Modular Construction Market Size (M USD) Estimates and Forecasts (2020-2033)
2.1.2 Global Prefabrication and Modular Construction Sales Estimates and Forecasts (2020-2033)
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 Prefabrication and Modular Construction Market Competitive Landscape
3.1 Company Assessment Quadrant
3.2 Global Prefabrication and Modular Construction Product Life Cycle
3.3 Global Prefabrication and Modular Construction Sales by Manufacturers (2020-2025)
3.4 Global Prefabrication and Modular Construction Revenue Market Share by Manufacturers (2020-2025)
3.5 Prefabrication and Modular Construction Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.6 Global Prefabrication and Modular Construction Average Price by Manufacturers (2020-2025)
3.7 Manufacturers’ Manufacturing Sites, Areas Served, and Product Types
3.8 Prefabrication and Modular Construction Market Competitive Situation and Trends
3.8.1 Prefabrication and Modular Construction Market Concentration Rate
3.8.2 Global 5 and 10 Largest Prefabrication and Modular Construction Players Market Share by Revenue
3.8.3 Mergers & Acquisitions, Expansion
4 Prefabrication and Modular Construction Industry Chain Analysis
4.1 Prefabrication and Modular Construction Industry Chain Analysis
4.2 Market Overview of Key Raw Materials
4.3 Midstream Market Analysis
4.4 Downstream Customer Analysis
5 The Development and Dynamics of Prefabrication and Modular Construction Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Industry News
5.4.1 New Product Developments
5.4.2 Mergers & Acquisitions
5.4.3 Expansions
5.4.4 Collaboration/Supply Contracts
5.5 PEST Analysis
5.5.1 Industry Policies Analysis
5.5.2 Economic Environment Analysis
5.5.3 Social Environment Analysis
5.5.4 Technological Environment Analysis
5.6 Global Prefabrication and Modular Construction Market Porter's Five Forces Analysis
5.6.1 Global Trade Frictions
5.6.2 U.S. Tariff Policy – April 2025
5.6.3 Global Trade Frictions and Their Impacts to Prefabrication and Modular Construction Market
5.7 ESG Ratings of Leading Companies
6 Prefabrication and Modular Construction Market Segmentation by Type
6.1 Evaluation Matrix of Segment Market Development Potential (Type)
6.2 Global Prefabrication and Modular Construction Sales Market Share by Type (2020-2025)
6.3 Global Prefabrication and Modular Construction Market Size Market Share by Type (2020-2025)
6.4 Global Prefabrication and Modular Construction Price by Type (2020-2025)
7 Prefabrication and Modular Construction Market Segmentation by Application
7.1 Evaluation Matrix of Segment Market Development Potential (Application)
7.2 Global Prefabrication and Modular Construction Market Sales by Application (2020-2025)
7.3 Global Prefabrication and Modular Construction Market Size (M USD) by Application (2020-2025)
7.4 Global Prefabrication and Modular Construction Sales Growth Rate by Application (2020-2025)
8 Prefabrication and Modular Construction Market Sales by Region
8.1 Global Prefabrication and Modular Construction Sales by Region
8.1.1 Global Prefabrication and Modular Construction Sales by Region
8.1.2 Global Prefabrication and Modular Construction Sales Market Share by Region
8.2 Global Prefabrication and Modular Construction Market Size by Region
8.2.1 Global Prefabrication and Modular Construction Market Size by Region
8.2.2 Global Prefabrication and Modular Construction Market Size Market Share by Region
8.3 North America
8.3.1 North America Prefabrication and Modular Construction Sales by Country
8.3.2 North America Prefabrication and Modular Construction Market Size by Country
8.3.3 U.S. Market Overview
8.3.4 Canada Market Overview
8.3.5 Mexico Market Overview
8.4 Europe
8.4.1 Europe Prefabrication and Modular Construction Sales by Country
8.4.2 Europe Prefabrication and Modular Construction Market Size by Country
8.4.3 Germany Market Overview
8.4.4 France Market Overview
8.4.5 U.K. Market Overview
8.4.6 Italy Market Overview
8.4.7 Spain Market Overview
8.5 Asia Pacific
8.5.1 Asia Pacific Prefabrication and Modular Construction Sales by Region
8.5.2 Asia Pacific Prefabrication and Modular Construction Market Size by Region
8.5.3 China Market Overview
8.5.4 Japan Market Overview
8.5.5 South Korea Market Overview
8.5.6 India Market Overview
8.5.7 Southeast Asia Market Overview
8.6 South America
8.6.1 South America Prefabrication and Modular Construction Sales by Country
8.6.2 South America Prefabrication and Modular Construction Market Size by Country
8.6.3 Brazil Market Overview
8.6.4 Argentina Market Overview
8.6.5 Columbia Market Overview
8.7 Middle East and Africa
8.7.1 Middle East and Africa Prefabrication and Modular Construction Sales by Region
8.7.2 Middle East and Africa Prefabrication and Modular Construction Market Size by Region
8.7.3 Saudi Arabia Market Overview
8.7.4 UAE Market Overview
8.7.5 Egypt Market Overview
8.7.6 Nigeria Market Overview
8.7.7 South Africa Market Overview
9 Prefabrication and Modular Construction Market Production by Region
9.1 Global Production of Prefabrication and Modular Construction by Region(2020-2025)
9.2 Global Prefabrication and Modular Construction Revenue Market Share by Region (2020-2025)
9.3 Global Prefabrication and Modular Construction Production, Revenue, Price and Gross Margin (2020-2025)
9.4 North America Prefabrication and Modular Construction Production
9.4.1 North America Prefabrication and Modular Construction Production Growth Rate (2020-2025)
9.4.2 North America Prefabrication and Modular Construction Production, Revenue, Price and Gross Margin (2020-2025)
9.5 Europe Prefabrication and Modular Construction Production
9.5.1 Europe Prefabrication and Modular Construction Production Growth Rate (2020-2025)
9.5.2 Europe Prefabrication and Modular Construction Production, Revenue, Price and Gross Margin (2020-2025)
9.6 Japan Prefabrication and Modular Construction Production (2020-2025)
9.6.1 Japan Prefabrication and Modular Construction Production Growth Rate (2020-2025)
9.6.2 Japan Prefabrication and Modular Construction Production, Revenue, Price and Gross Margin (2020-2025)
9.7 China Prefabrication and Modular Construction Production (2020-2025)
9.7.1 China Prefabrication and Modular Construction Production Growth Rate (2020-2025)
9.7.2 China Prefabrication and Modular Construction Production, Revenue, Price and Gross Margin (2020-2025)
10 Key Companies Profile
10.1 ACS Group
10.1.1 ACS Group Basic Information
10.1.2 ACS Group Prefabrication and Modular Construction Product Overview
10.1.3 ACS Group Prefabrication and Modular Construction Product Market Performance
10.1.4 ACS Group Business Overview
10.1.5 ACS Group SWOT Analysis
10.1.6 ACS Group Recent Developments
10.2 Skanska AB
10.2.1 Skanska AB Basic Information
10.2.2 Skanska AB Prefabrication and Modular Construction Product Overview
10.2.3 Skanska AB Prefabrication and Modular Construction Product Market Performance
10.2.4 Skanska AB Business Overview
10.2.5 Skanska AB SWOT Analysis
10.2.6 Skanska AB Recent Developments
10.3 Komatsu
10.3.1 Komatsu Basic Information
10.3.2 Komatsu Prefabrication and Modular Construction Product Overview
10.3.3 Komatsu Prefabrication and Modular Construction Product Market Performance
10.3.4 Komatsu Business Overview
10.3.5 Komatsu SWOT Analysis
10.3.6 Komatsu Recent Developments
10.4 LARSEN and TOUBRO
10.4.1 LARSEN and TOUBRO Basic Information
10.4.2 LARSEN and TOUBRO Prefabrication and Modular Construction Product Overview
10.4.3 LARSEN and TOUBRO Prefabrication and Modular Construction Product Market Performance
10.4.4 LARSEN and TOUBRO Business Overview
10.4.5 LARSEN and TOUBRO Recent Developments
10.5 Balfour Beatty
10.5.1 Balfour Beatty Basic Information
10.5.2 Balfour Beatty Prefabrication and Modular Construction Product Overview
10.5.3 Balfour Beatty Prefabrication and Modular Construction Product Market Performance
10.5.4 Balfour Beatty Business Overview
10.5.5 Balfour Beatty Recent Developments
10.6 Kiewit Corporation
10.6.1 Kiewit Corporation Basic Information
10.6.2 Kiewit Corporation Prefabrication and Modular Construction Product Overview
10.6.3 Kiewit Corporation Prefabrication and Modular Construction Product Market Performance
10.6.4 Kiewit Corporation Business Overview
10.6.5 Kiewit Corporation Recent Developments
10.7 Taisei Corporation
10.7.1 Taisei Corporation Basic Information
10.7.2 Taisei Corporation Prefabrication and Modular Construction Product Overview
10.7.3 Taisei Corporation Prefabrication and Modular Construction Product Market Performance
10.7.4 Taisei Corporation Business Overview
10.7.5 Taisei Corporation Recent Developments
10.8 Red Sea Housing
10.8.1 Red Sea Housing Basic Information
10.8.2 Red Sea Housing Prefabrication and Modular Construction Product Overview
10.8.3 Red Sea Housing Prefabrication and Modular Construction Product Market Performance
10.8.4 Red Sea Housing Business Overview
10.8.5 Red Sea Housing Recent Developments
10.9 System House
10.9.1 System House Basic Information
10.9.2 System House Prefabrication and Modular Construction Product Overview
10.9.3 System House Prefabrication and Modular Construction Product Market Performance
10.9.4 System House Business Overview
10.9.5 System House Recent Developments
10.10 Bouygues Construction
10.10.1 Bouygues Construction Basic Information
10.10.2 Bouygues Construction Prefabrication and Modular Construction Product Overview
10.10.3 Bouygues Construction Prefabrication and Modular Construction Product Market Performance
10.10.4 Bouygues Construction Business Overview
10.10.5 Bouygues Construction Recent Developments
10.11 KLEUSBERG
10.11.1 KLEUSBERG Basic Information
10.11.2 KLEUSBERG Prefabrication and Modular Construction Product Overview
10.11.3 KLEUSBERG Prefabrication and Modular Construction Product Market Performance
10.11.4 KLEUSBERG Business Overview
10.11.5 KLEUSBERG Recent Developments
10.12 Lendlease
10.12.1 Lendlease Basic Information
10.12.2 Lendlease Prefabrication and Modular Construction Product Overview
10.12.3 Lendlease Prefabrication and Modular Construction Product Market Performance
10.12.4 Lendlease Business Overview
10.12.5 Lendlease Recent Developments
10.13 Laing O’Rourke
10.13.1 Laing O’Rourke Basic Information
10.13.2 Laing O’Rourke Prefabrication and Modular Construction Product Overview
10.13.3 Laing O’Rourke Prefabrication and Modular Construction Product Market Performance
10.13.4 Laing O’Rourke Business Overview
10.13.5 Laing O’Rourke Recent Developments
10.14 ATCO
10.14.1 ATCO Basic Information
10.14.2 ATCO Prefabrication and Modular Construction Product Overview
10.14.3 ATCO Prefabrication and Modular Construction Product Market Performance
10.14.4 ATCO Business Overview
10.14.5 ATCO Recent Developments
10.15 VINCI
10.15.1 VINCI Basic Information
10.15.2 VINCI Prefabrication and Modular Construction Product Overview
10.15.3 VINCI Prefabrication and Modular Construction Product Market Performance
10.15.4 VINCI Business Overview
10.15.5 VINCI Recent Developments
10.16 Algeco Scotsman
10.16.1 Algeco Scotsman Basic Information
10.16.2 Algeco Scotsman Prefabrication and Modular Construction Product Overview
10.16.3 Algeco Scotsman Prefabrication and Modular Construction Product Market Performance
10.16.4 Algeco Scotsman Business Overview
10.16.5 Algeco Scotsman Recent Developments
10.17 Guerdon Modular Buildings
10.17.1 Guerdon Modular Buildings Basic Information
10.17.2 Guerdon Modular Buildings Prefabrication and Modular Construction Product Overview
10.17.3 Guerdon Modular Buildings Prefabrication and Modular Construction Product Market Performance
10.17.4 Guerdon Modular Buildings Business Overview
10.17.5 Guerdon Modular Buildings Recent Developments
10.18 Palomar Modular Buildings
10.18.1 Palomar Modular Buildings Basic Information
10.18.2 Palomar Modular Buildings Prefabrication and Modular Construction Product Overview
10.18.3 Palomar Modular Buildings Prefabrication and Modular Construction Product Market Performance
10.18.4 Palomar Modular Buildings Business Overview
10.18.5 Palomar Modular Buildings Recent Developments
10.19 Stack Modular
10.19.1 Stack Modular Basic Information
10.19.2 Stack Modular Prefabrication and Modular Construction Product Overview
10.19.3 Stack Modular Prefabrication and Modular Construction Product Market Performance
10.19.4 Stack Modular Business Overview
10.19.5 Stack Modular Recent Developments
10.20 Westchester Modular
10.20.1 Westchester Modular Basic Information
10.20.2 Westchester Modular Prefabrication and Modular Construction Product Overview
10.20.3 Westchester Modular Prefabrication and Modular Construction Product Market Performance
10.20.4 Westchester Modular Business Overview
10.20.5 Westchester Modular Recent Developments
10.21 Kiewit Corporation
10.21.1 Kiewit Corporation Basic Information
10.21.2 Kiewit Corporation Prefabrication and Modular Construction Product Overview
10.21.3 Kiewit Corporation Prefabrication and Modular Construction Product Market Performance
10.21.4 Kiewit Corporation Business Overview
10.21.5 Kiewit Corporation Recent Developments
10.22 JL Modular Inc
10.22.1 JL Modular Inc Basic Information
10.22.2 JL Modular Inc Prefabrication and Modular Construction Product Overview
10.22.3 JL Modular Inc Prefabrication and Modular Construction Product Market Performance
10.22.4 JL Modular Inc Business Overview
10.22.5 JL Modular Inc Recent Developments
10.23 System House
10.23.1 System House Basic Information
10.23.2 System House Prefabrication and Modular Construction Product Overview
10.23.3 System House Prefabrication and Modular Construction Product Market Performance
10.23.4 System House Business Overview
10.23.5 System House Recent Developments
10.24 Julius Berger
10.24.1 Julius Berger Basic Information
10.24.2 Julius Berger Prefabrication and Modular Construction Product Overview
10.24.3 Julius Berger Prefabrication and Modular Construction Product Market Performance
10.24.4 Julius Berger Business Overview
10.24.5 Julius Berger Recent Developments
11 Prefabrication and Modular Construction Market Forecast by Region
11.1 Global Prefabrication and Modular Construction Market Size Forecast
11.2 Global Prefabrication and Modular Construction Market Forecast by Region
11.2.1 North America Market Size Forecast by Country
11.2.2 Europe Prefabrication and Modular Construction Market Size Forecast by Country
11.2.3 Asia Pacific Prefabrication and Modular Construction Market Size Forecast by Region
11.2.4 South America Prefabrication and Modular Construction Market Size Forecast by Country
11.2.5 Middle East and Africa Forecasted Sales of Prefabrication and Modular Construction by Country
12 Forecast Market by Type and by Application (2026-2033)
12.1 Global Prefabrication and Modular Construction Market Forecast by Type (2026-2033)
12.1.1 Global Forecasted Sales of Prefabrication and Modular Construction by Type (2026-2033)
12.1.2 Global Prefabrication and Modular Construction Market Size Forecast by Type (2026-2033)
12.1.3 Global Forecasted Price of Prefabrication and Modular Construction by Type (2026-2033)
12.2 Global Prefabrication and Modular Construction Market Forecast by Application (2026-2033)
12.2.1 Global Prefabrication and Modular Construction Sales (K Units) Forecast by Application
12.2.2 Global Prefabrication and Modular Construction Market Size (M USD) Forecast by Application (2026-2033)
13 Conclusion and Key Findings

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings