Modular Construction Market

Best Price Guarantee	Publisher	Published Date	SKU
from $3,475	Evolve Business Intelligence	April, 2025	EVBI19932172

Best Price Guarantee
Price	from $3,475
Publisher	Evolve Business Intelligence
Published Date	April, 2025
SKU	EVBI19932172

The Modular Construction Market is projected to reach USD 156.32 billion by 2033, up from USD 86.24 billion in 2023, expanding at a compound annual growth rate (CAGR) of 7.21% from 2023 to 2033. This market encompasses the use of prefabricated building units that are manufactured off-site and then assembled on-site to form structures. The modular construction method offers numerous advantages, including reduced construction time, lower labor costs, enhanced quality control, and a decreased environmental footprint. It is gaining popularity across various sectors such as residential, commercial, healthcare, and education due to its efficiency and sustainability benefits. The market's growth is driven by increasing demand for affordable housing, rapid urbanization, and advancements in building technologies.

The latest research report by Evolve Business Intelligence explores the various factors influencing the global market. It includes an analysis of the current market size, forecasts for key segments and regions, and the driving forces behind market growth. The report examines the potential impacts of key trends on business strategies and provides a SWOT analysis of critical sectors for each major competitor and customer group. This valuable data highlights the conglomerates likely to impact the industry, crucial for any company planning to invest strategically over the next five years. These insights complement our initial quantitative study, aiding in new investments and strategic planning to mitigate threats in existing sectors.

Segments covered

By Type (Permanent, Relocatable)
By Material (Steel, Wood, Concrete)
By Module (Four-sided, Open-sided, Partially open-sided, Mixed modules & floor cassettes, Others)
By End Use (Residential, Office, Education, Hospitality, Healthcare, Others)

Key players

Laing O’Rourke
Red Sea Housing
Atco Ltd.
Skanska AB
Algeco Scotsman
Kleusberg GmbH
Lendlease Corporation
Katerra
Fluor Corporation
Bechtel Corporation

CHAPTER 1. Executive Summary: CHAPTER 2. Scope of the Study; 2.1. Market Definition; 2.2. Market Scope & Segmentation; 2.2.1. Objective of Report; CHAPTER 3. Evolve BI Methodology; 3.1. Data Collection & Validation Approach; 3.2. Market Size Estimation and Forecast; CHAPTER 4. Exclusive Analysis; 4.1. Market Opportunity Score; 4.1.1. Type Segement – Market Opportunity Score; 4.1.2. Material Segment – Market Opportunity Score; 4.1.3. Module Segment – Market Opportunity Score; 4.1.4. End Use Segment – Market Opportunity Score; 4.2. Key Market Influencing Indicators; CHAPTER 5. Market Insights and Trends; 5.1. Value Chain Analysis; 5.1.1. Type; 5.1.2. Manufacturing Process; 5.1.3. Distribution Channel; 5.1.4. End User; 5.2. Porter’s Five Forces Analysis; 5.2.1. Bargaining Power of Buyers; 5.2.2. Bargaining Power of Suppliers; 5.2.3. Threat of New Entrant; 5.2.4. Threat of Substitute; 5.2.5. Industry Rivalry; 5.3. COVID-19 Impact and Post COVID Scenario on Modular Construction Market; 5.3.1. Impact of COVID-19; 5.3.2. Government Support and Industry Revival Policies; 5.3.3. Measures Taken by Companies to Mitigate Negative Impact; 5.3.4. Post COVID Trend; CHAPTER 6. MArket Dynamics; 6.1. Introduction; 6.2. Drivers; 6.2.1. Driver 1; 6.2.2. Driver 2; 6.2.3. Driver 3; 6.3. Restraints; 6.3.1. Restraint 1; 6.3.2. Restraint 2; 6.4. Opportunity; 6.4.1. Opportunity 1; CHAPTER 7. Global Modular Construction Market, By Type; 7.1. Introduction; 7.1.1. Permanent; 7.1.2. Relocatable; CHAPTER 8. Global Modular Construction Market, By Material; 8.1. Introduction; 8.1.1. Steel; 8.1.2. Wood; 8.1.3. Concrete; CHAPTER 9. Global Modular Construction Market, By Module; 9.1. Introduction; 9.1.1. Four-sided; 9.1.2. Open-sided; 9.1.3. Partially open-sided; 9.1.4. Mixed modules & floor cassettes; 9.1.5. Others; CHAPTER 10. Global Modular Construction Market, By End Use; 10.1. Introduction; 10.1.1. Residential; 10.1.2. Office; 10.1.3. Education; 10.1.4. Hospitality; 10.1.5. Healthcare; 10.1.6. Others; CHAPTER 11. Global Modular Construction Market, By Region; 11.1. Introduction; 11.2. NORTH AMERICA; 11.2.1. North America: Market Size and Forecast, By Country, 2023 – 2033 ($ Million); 11.2.2. North America: Market Size and Forecast, By Type, 2023 – 2033 ($ Million); 11.2.3. North America: Market Size and Forecast, By Material, 2023 – 2033 ($ Million); 11.2.4. North America: Market Size and Forecast, By Module, 2023 – 2033 ($ Million); 11.2.5. North America: Market Size and Forecast, By End Use, 2023 – 2033 ($ Million); 11.2.6. US; 11.2.6.1. US: Market Size and Forecast, By Type, 2023 – 2033 ($ Million); 11.2.6.2. US: Market Size and Forecast, By Material, 2023 – 2033 ($ Million); 11.2.6.3. US: Market Size and Forecast, By Module, 2023 – 2033 ($ Million); 11.2.6.4. US: Market Size and Forecast, By End Use, 2023 – 2033 ($ Million); 11.2.7. CANADA; 11.2.7.1. Canada: Market Size and Forecast, By Type, 2023 – 2033 ($ Million); 11.2.7.2. Canada: Market Size and Forecast, By Material, 2023 – 2033 ($ Million); 11.2.7.3. Canada: Market Size and Forecast, By Module, 2023 – 2033 ($ Million); 11.2.7.4. Canada: Market Size and Forecast, By End Use, 2023 – 2033 ($ Million); 11.2.8. MEXICO; 11.2.8.1. Mexico: Market Size and Forecast, By Type, 2023 – 2033 ($ Million); 11.2.8.2. Mexico: Market Size and Forecast, By Material, 2023 – 2033 ($ Million); 11.2.8.3. Mexico: Market Size and Forecast, By Module, 2023 – 2033 ($ Million); 11.2.8.4. Mexico: Market Size and Forecast, By End Use, 2023 – 2033 ($ Million); 11.3. Europe; 11.3.1. Europe: Market Size and Forecast, By Country, 2023 – 2033 ($ Million); 11.3.2. Europe: Market Size and Forecast, By Type, 2023 – 2033 ($ Million); 11.3.3. Europe: Market Size and Forecast, By Material, 2023 – 2033 ($ Million); 11.3.4. Europe: Market Size and Forecast, By Module, 2023 – 2033 ($ Million); 11.3.5. Europe: Market Size and Forecast, By End Use, 2023 – 2033 ($ Million); 11.3.6. U.K.; 11.3.6.1. U.K.: Market Size and Forecast, By Type, 2023 – 2033 ($ Million); 11.3.6.2. U.K.: Market Size and Forecast, By Material, 2023 – 2033 ($ Million); 11.3.6.3. U.K.: Market Size and Forecast, By Module, 2023 – 2033 ($ Million); 11.3.6.4. U.K.: Market Size and Forecast, By End Use, 2023 – 2033 ($ Million); 11.3.7. GERMANY; 11.3.7.1. Germany: Market Size and Forecast, By Type, 2023 – 2033 ($ Million); 11.3.7.2. Germany: Market Size and Forecast, By Material, 2023 – 2033 ($ Million); 11.3.7.3. Germany: Market Size and Forecast, By Module, 2023 – 2033 ($ Million); 11.3.7.4. Germany: Market Size and Forecast, By End Use, 2023 – 2033 ($ Million); 11.3.8. FRANCE; 11.3.8.1. France: Market Size and Forecast, By Type, 2023 – 2033 ($ Million); 11.3.8.2. France: Market Size and Forecast, By Material, 2023 – 2033 ($ Million); 11.3.8.3. France: Market Size and Forecast, By Module, 2023 – 2033 ($ Million); 11.3.8.4. France: Market Size and Forecast, By End Use, 2023 – 2033 ($ Million); 11.3.9. ITALY; 11.3.9.1. Italy: Market Size and Forecast, By Type, 2023 – 2033 ($ Million); 11.3.9.2. Italy: Market Size and Forecast, By Material, 2023 – 2033 ($ Million); 11.3.9.3. Italy: Market Size and Forecast, By Module, 2023 – 2033 ($ Million); 11.3.9.4. Italy: Market Size and Forecast, By End Use, 2023 – 2033 ($ Million); 11.3.10. SPAIN; 11.3.10.1. Spain: Market Size and Forecast, By Type, 2023 – 2033 ($ Million); 11.3.10.2. Spain: Market Size and Forecast, By Material, 2023 – 2033 ($ Million); 11.3.10.3. Spain: Market Size and Forecast, By Module, 2023 – 2033 ($ Million); 11.3.10.4. Spain: Market Size and Forecast, By End Use, 2023 – 2033 ($ Million); 11.3.11. BENELUX; 11.3.11.1. BeNeLux: Market Size and Forecast, By Type, 2023 – 2033 ($ Million); 11.3.11.2. BeNeLux: Market Size and Forecast, By Material, 2023 – 2033 ($ Million); 11.3.11.3. BeNeLux: Market Size and Forecast, By Module, 2023 – 2033 ($ Million); 11.3.11.4. BeNeLux: Market Size and Forecast, By End Use, 2023 – 2033 ($ Million); 11.3.12. RUSSIA; 11.3.12.1. Russia: Market Size and Forecast, By Type, 2023 – 2033 ($ Million); 11.3.12.2. Russia: Market Size and Forecast, By Material, 2023 – 2033 ($ Million); 11.3.12.3. Russia: Market Size and Forecast, By Module, 2023 – 2033 ($ Million); 11.3.12.4. Russia: Market Size and Forecast, By End Use, 2023 – 2033 ($ Million); 11.3.13. REST OF EUROPE; 11.3.13.1. Rest of Europe: Market Size and Forecast, By Type, 2023 – 2033 ($ Million); 11.3.13.2. Rest of Europe: Market Size and Forecast, By Material, 2023 – 2033 ($ Million); 11.3.13.3. Rest of Europe: Market Size and Forecast, By Module, 2023 – 2033 ($ Million); 11.3.13.4. Rest of Europe: Market Size and Forecast, By End Use, 2023 – 2033 ($ Million); 11.4. Asia Pacific; 11.4.1. Asia Pacific: Market Size and Forecast, By Country, 2023 – 2033 ($ Million); 11.4.2. Asia Pacific: Market Size and Forecast, By Type, 2023 – 2033 ($ Million); 11.4.3. Asia Pacific: Market Size and Forecast, By Material, 2023 – 2033 ($ Million); 11.4.4. Asia Pacific: Market Size and Forecast, By Module, 2023 – 2033 ($ Million); 11.4.5. Asia Pacific: Market Size and Forecast, By End Use, 2023 – 2033 ($ Million); 11.4.6. CHINA; 11.4.6.1. China: Market Size and Forecast, By Type, 2023 – 2033 ($ Million); 11.4.6.2. China: Market Size and Forecast, By Material, 2023 – 2033 ($ Million); 11.4.6.3. China: Market Size and Forecast, By Module, 2023 – 2033 ($ Million); 11.4.6.4. China: Market Size and Forecast, By End Use, 2023 – 2033 ($ Million); 11.4.7. JAPAN; 11.4.7.1. Japan: Market Size and Forecast, By Type, 2023 – 2033 ($ Million); 11.4.7.2. Japan: Market Size and Forecast, By Material, 2023 – 2033 ($ Million); 11.4.7.3. Japan: Market Size and Forecast, By Module, 2023 – 2033 ($ Million); 11.4.7.4. Japan: Market Size and Forecast, By End Use, 2023 – 2033 ($ Million); 11.4.8. INDIA; 11.4.8.1. India: Market Size and Forecast, By Type, 2023 – 2033 ($ Million); 11.4.8.2. India: Market Size and Forecast, By Material, 2023 – 2033 ($ Million); 11.4.8.3. India: Market Size and Forecast, By Module, 2023 – 2033 ($ Million); 11.4.8.4. India: Market Size and Forecast, By End Use, 2023 – 2033 ($ Million); 11.4.9. SOUTH KOREA; 11.4.9.1. South Korea: Market Size and Forecast, By Type, 2023 – 2033 ($ Million); 11.4.9.2. South Korea: Market Size and Forecast, By Material, 2023 – 2033 ($ Million); 11.4.9.3. South Korea: Market Size and Forecast, By Module, 2023 – 2033 ($ Million); 11.4.9.4. South Korea: Market Size and Forecast, By End Use, 2023 – 2033 ($ Million); 11.4.10. THAILAND; 11.4.10.1. Thailand: Market Size and Forecast, By Type, 2023 – 2033 ($ Million); 11.4.10.2. Thailand: Market Size and Forecast, By Material, 2023 – 2033 ($ Million); 11.4.10.3. Thailand: Market Size and Forecast, By Module, 2023 – 2033 ($ Million); 11.4.10.4. Thailand: Market Size and Forecast, By End Use, 2023 – 2033 ($ Million); 11.4.11. INDONESIA; 11.4.11.1. Indonesia: Market Size and Forecast, By Type, 2023 – 2033 ($ Million); 11.4.11.2. Indonesia: Market Size and Forecast, By Material, 2023 – 2033 ($ Million); 11.4.11.3. Indonesia: Market Size and Forecast, By Module, 2023 – 2033 ($ Million); 11.4.11.4. Indonesia: Market Size and Forecast, By End Use, 2023 – 2033 ($ Million); 11.4.12. MALAYSIA; 11.4.12.1. Malaysia: Market Size and Forecast, By Type, 2023 – 2033 ($ Million); 11.4.12.2. Malaysia: Market Size and Forecast, By Material, 2023 – 2033 ($ Million); 11.4.12.3. Malaysia: Market Size and Forecast, By Module, 2023 – 2033 ($ Million); 11.4.12.4. Malaysia: Market Size and Forecast, By End Use, 2023 – 2033 ($ Million); 11.4.13. AUSTRALIA; 11.4.13.1. Australia: Market Size and Forecast, By Type, 2023 – 2033 ($ Million); 11.4.13.2. Australia: Market Size and Forecast, By Material, 2023 – 2033 ($ Million); 11.4.13.3. Australia: Market Size and Forecast, By Module, 2023 – 2033 ($ Million); 11.4.13.4. Australia: Market Size and Forecast, By End Use, 2023 – 2033 ($ Million); 11.4.14. REST FO ASIA PACIFIC; 11.4.14.1. Rest fo Asia Pacific: Market Size and Forecast, By Type, 2023 – 2033 ($ Million); 11.4.14.2. Rest fo Asia Pacific: Market Size and Forecast, By Material, 2023 – 2033 ($ Million); 11.4.14.3. Rest fo Asia Pacific: Market Size and Forecast, By Module, 2023 – 2033 ($ Million); 11.4.14.4. Rest fo Asia Pacific: Market Size and Forecast, By End Use, 2023 – 2033 ($ Million); 11.5. South America; 11.5.1. South America: Market Size and Forecast, By Country, 2023 – 2033 ($ Million); 11.5.2. South America: Market Size and Forecast, By Type, 2023 – 2033 ($ Million); 11.5.3. South America: Market Size and Forecast, By Material, 2023 – 2033 ($ Million); 11.5.4. South America: Market Size and Forecast, By Module, 2023 – 2033 ($ Million); 11.5.5. South America: Market Size and Forecast, By End Use, 2023 – 2033 ($ Million); 11.5.6. BRAZIL; 11.5.6.1. Brazil: Market Size and Forecast, By Type, 2023 – 2033 ($ Million); 11.5.6.2. Brazil: Market Size and Forecast, By Material, 2023 – 2033 ($ Million); 11.5.6.3. Brazil: Market Size and Forecast, By Module, 2023 – 2033 ($ Million); 11.5.6.4. Brazil: Market Size and Forecast, By End Use, 2023 – 2033 ($ Million); 11.5.7. ARGENTINA; 11.5.7.1. Argentina: Market Size and Forecast, By Type, 2023 – 2033 ($ Million); 11.5.7.2. Argentina: Market Size and Forecast, By Material, 2023 – 2033 ($ Million); 11.5.7.3. Argentina: Market Size and Forecast, By Module, 2023 – 2033 ($ Million); 11.5.7.4. Argentina: Market Size and Forecast, By End Use, 2023 – 2033 ($ Million); 11.5.8. REST OF SOUTH AMERICA; 11.5.8.1. Rest of South America: Market Size and Forecast, By Type, 2023 – 2033 ($ Million); 11.5.8.2. Rest of South America: Market Size and Forecast, By Material, 2023 – 2033 ($ Million); 11.5.8.3. Rest of South America: Market Size and Forecast, By Module, 2023 – 2033 ($ Million); 11.5.8.4. Rest of South America: Market Size and Forecast, By End Use, 2023 – 2033 ($ Million); 11.6. Middle East & Africa; 11.6.1. Middle East & Africa: Market Size and Forecast, By Country, 2023 – 2033 ($ Million); 11.6.2. Middle East & Africa: Market Size and Forecast, By Type, 2023 – 2033 ($ Million); 11.6.3. Middle East & Africa: Market Size and Forecast, By Material, 2023 – 2033 ($ Million); 11.6.4. Middle East & Africa: Market Size and Forecast, By Module, 2023 – 2033 ($ Million); 11.6.5. Middle East & Africa: Market Size and Forecast, By End Use, 2023 – 2033 ($ Million); 11.6.6. SAUDI ARABIA; 11.6.6.1. Saudi Arabia: Market Size and Forecast, By Type, 2023 – 2033 ($ Million); 11.6.6.2. Saudi Arabia: Market Size and Forecast, By Material, 2023 – 2033 ($ Million); 11.6.6.3. Saudi Arabia: Market Size and Forecast, By Module, 2023 – 2033 ($ Million); 11.6.6.4. Saudi Arabia: Market Size and Forecast, By End Use, 2023 – 2033 ($ Million); 11.6.7. UAE; 11.6.7.1. UAE: Market Size and Forecast, By Type, 2023 – 2033 ($ Million); 11.6.7.2. UAE: Market Size and Forecast, By Material, 2023 – 2033 ($ Million); 11.6.7.3. UAE: Market Size and Forecast, By Module, 2023 – 2033 ($ Million); 11.6.7.4. UAE: Market Size and Forecast, By End Use, 2023 – 2033 ($ Million); 11.6.8. EGYPT; 11.6.8.1. Egypt: Market Size and Forecast, By Type, 2023 – 2033 ($ Million); 11.6.8.2. Egypt: Market Size and Forecast, By Material, 2023 – 2033 ($ Million); 11.6.8.3. Egypt: Market Size and Forecast, By Module, 2023 – 2033 ($ Million); 11.6.8.4. Egypt: Market Size and Forecast, By End Use, 2023 – 2033 ($ Million); 11.6.9. SOUTH AFRICA; 11.6.9.1. South Africa: Market Size and Forecast, By Type, 2023 – 2033 ($ Million); 11.6.9.2. South Africa: Market Size and Forecast, By Material, 2023 – 2033 ($ Million); 11.6.9.3. South Africa: Market Size and Forecast, By Module, 2023 – 2033 ($ Million); 11.6.9.4. South Africa: Market Size and Forecast, By End Use, 2023 – 2033 ($ Million); 11.6.10. REST OF MIDDLE EAST & AFRICA; 11.6.10.1. Rest of Middle East & Africa: Market Size and Forecast, By Type, 2023 – 2033 ($ Million); 11.6.10.2. Rest of Middle East & Africa: Market Size and Forecast, By Material, 2023 – 2033 ($ Million); 11.6.10.3. Rest of Middle East & Africa: Market Size and Forecast, By Module, 2023 – 2033 ($ Million); 11.6.10.4. Rest of Middle East & Africa: Market Size and Forecast, By End Use, 2023 – 2033 ($ Million); CHAPTER 12. Competitive Landscape; 12.1. Competitior Benchmarking 2023; 12.2. Market Share Analysis; 12.3. Key Developments Analysis By Top 5 Companies; 12.4. Market Share Acquisition Strategies: Analysis of Key Approaches Employed by Top Players; CHAPTER 13. Company Profiles; 13.1. Laing O’Rourke; 13.1.1. Business Overview; 13.1.2. Financial Analysis; 13.1.2.1. Business Segment Revenue, 2018, 2019, 2020, $ Million; 13.1.2.2. Geographic Revenue Mix, 2020 (% Share); 13.1.3. Product Portfolio; 13.1.4. Recent Development and Strategies Adopted; 13.1.5. SWOT Analysis; 13.2. Red Sea Housing; 13.3. Atco Ltd.; 13.4. Skanska AB; 13.5. Algeco Scotsman; 13.6. Kleusberg GmbH; 13.7. Lendlease Corporation; 13.8. Katerra; 13.9. Fluor Corporation; 13.10. Bechtel Corporation