Global Modular Construction Market Size - By Type, By Application, By Material, By Molecule - Regional Outlook, Competitive Strategies and Segment Forecast to 2034
Description
Modular Construction Market Introduction and Overview
According to SPER market research, ‘Global Modular Construction Market Size – By Type, By Application, By Material, By Molecule – Regional Outlook, Competitive Strategies and Segment Forecast to 2034’ state that the Global Modular Construction Market is predicted to reach 227.52 billion by 2034 with a CAGR of 8.19%.
Modular construction uses the same materials and standards as traditional construction but produces structures off-site in controlled factory environments. Once at the construction site, these prefabricated modules are put together to form a finished structure. Faster project completion, less material waste, and better quality control are all made possible by this method. Buildings for homes, businesses, and institutions are increasingly being constructed using modular construction because of its affordability and adaptability.
Restraints : The market for modular building has a number of barriers that prevent its broad use, despite its benefits. For small and medium-sized builders, the high upfront expenses of equipment, transportation, and factory setup might be a deterrent. Regional regulatory differences and a lack of uniform construction rules can result in delays and increased compliance costs. Regarding design constraints, quality issues, and diminished aesthetic appeal, there is still a perception gap between architects and clients.
Scope of the report :
Report Metric Details
Market size available for years 2021-2034
Base year considered 2024
Forecast period 2025-2034
Segments covered : By Type, By Application, By Material, By Molecule
Regions covered
North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa
Companies Covered
Bouygues Construction, CIMC Modular Building Systems Holdings Co., Ltd. (CIMC-MBS), DuBox, Guerdon, LLC, Hickory Group, LAING O'ROURKE, Lendlease Corporation, LEUSBERG GmbH & Co KG, Modulaire Group, Premier Modular Limited
Global Modular Construction Market Segmentation :
By Type : Based on the Type, Global Modular Construction Market is segmented as; Relocatable, Permanent.
By Application : Based on the Application, Global Modular Construction Market is segmented as; Commercial, Residential, Industrial, Healthcare, Educational.
By Material : Based on the Material, Global Modular Construction Market is segmented as; Wood, Steel, Concrete, Others.
By Molecule : Based on the Molecule, Global Modular Construction Market is segmented as; Four-sided, Open-sided, partially open-sided, Mixed modules & floor cassettes, Modules supported by a primary structure, Others.
By Region : This research also includes data for North America, Latin America, Asia-Pacific, Europe, Middle East & Africa.
According to SPER market research, ‘Global Modular Construction Market Size – By Type, By Application, By Material, By Molecule – Regional Outlook, Competitive Strategies and Segment Forecast to 2034’ state that the Global Modular Construction Market is predicted to reach 227.52 billion by 2034 with a CAGR of 8.19%.
Modular construction uses the same materials and standards as traditional construction but produces structures off-site in controlled factory environments. Once at the construction site, these prefabricated modules are put together to form a finished structure. Faster project completion, less material waste, and better quality control are all made possible by this method. Buildings for homes, businesses, and institutions are increasingly being constructed using modular construction because of its affordability and adaptability.
Restraints : The market for modular building has a number of barriers that prevent its broad use, despite its benefits. For small and medium-sized builders, the high upfront expenses of equipment, transportation, and factory setup might be a deterrent. Regional regulatory differences and a lack of uniform construction rules can result in delays and increased compliance costs. Regarding design constraints, quality issues, and diminished aesthetic appeal, there is still a perception gap between architects and clients.
Scope of the report :
Report Metric Details
Market size available for years 2021-2034
Base year considered 2024
Forecast period 2025-2034
Segments covered : By Type, By Application, By Material, By Molecule
Regions covered
North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa
Companies Covered
Bouygues Construction, CIMC Modular Building Systems Holdings Co., Ltd. (CIMC-MBS), DuBox, Guerdon, LLC, Hickory Group, LAING O'ROURKE, Lendlease Corporation, LEUSBERG GmbH & Co KG, Modulaire Group, Premier Modular Limited
Global Modular Construction Market Segmentation :
By Type : Based on the Type, Global Modular Construction Market is segmented as; Relocatable, Permanent.
By Application : Based on the Application, Global Modular Construction Market is segmented as; Commercial, Residential, Industrial, Healthcare, Educational.
By Material : Based on the Material, Global Modular Construction Market is segmented as; Wood, Steel, Concrete, Others.
By Molecule : Based on the Molecule, Global Modular Construction Market is segmented as; Four-sided, Open-sided, partially open-sided, Mixed modules & floor cassettes, Modules supported by a primary structure, Others.
By Region : This research also includes data for North America, Latin America, Asia-Pacific, Europe, Middle East & Africa.
Table of Contents
244 Pages
- 1. Introduction
- 1.1. Scope of the report
- 1.2. Market segment analysis
- 2. Research Methodology
- 2.1. Research data source
- 2.1.1. Secondary Data
- 2.1.2. Primary Data
- 2.1.3. SPERs internal database
- 2.1.4. Premium insight from KOLs
- 2.2. Market size estimation
- 2.2.1. Top-down and Bottom-up approach
- 2.3. Data triangulation
- 3. Executive Summary
- 4. Market Dynamics
- 4.1. Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1. Drivers
- 4.1.2. Restraints
- 4.1.3. Opportunities
- 4.1.4. Challenges
- 5. Market variable and outlook
- 5.1. SWOT Analysis
- 5.1.1. Strengths
- 5.1.2. Weaknesses
- 5.1.3. Opportunities
- 5.1.4. Threats
- 5.2. PESTEL Analysis
- 5.2.1. Political Landscape
- 5.2.2. Economic Landscape
- 5.2.3. Social Landscape
- 5.2.4. Technological Landscape
- 5.2.5. Environmental Landscape
- 5.2.6. Legal Landscape
- 5.3. PORTERs Five Forces
- 5.3.1. Bargaining power of suppliers
- 5.3.2. Bargaining power of buyers
- 5.3.3. Threat of Substitute
- 5.3.4. Threat of new entrant
- 5.3.5. Competitive rivalry
- 5.4. Heat Map Analysis
- 6. Competitive Landscape
- 6.1. Global Modular Construction Market Manufacturing Base Distribution, Sales Area, Product Type
- 6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Modular Construction Market
- 7. Global Modular Construction Market, By Type (USD Million) 2021-2034
- 7.1. Relocatable
- 7.2. Permanent
- 8. Global Modular Construction Market, By Application (USD Million) 2021-2034
- 8.1. Commercial
- 8.2. Residential
- 8.3. Industrial
- 8.4. Healthcare
- 8.5. Educational
- 9. Global Modular Construction Market, By Material (USD Million) 2021-2034
- 9.1. Wood
- 9.2. Steel
- 9.3. Concrete
- 9.4. Others
- 10. Global Modular Construction Market, By Module (USD Million) 2021-2034
- 10.1. Four-sided
- 10.2. Open-sided
- 10.3. Partially open-sided
- 10.4. Mixed modules & floor cassettes
- 10.5. Modules supported by a primary structure
- 10.6. Others
- 11. Global Modular Construction Market (USD Million) 2021-2034
- 11.1. Global Modular Construction Market Size and Market Share
- 12. Global Modular Construction Market, By Region, (USD Million) 2021-2034
- 12.1. Asia-Pacific
- 12.1.1. Australia
- 12.1.2. China
- 12.1.3. India
- 12.1.4. Japan
- 12.1.5. South Korea
- 12.1.6. Rest of Asia-Pacific
- 12.2. Europe
- 12.2.1. France
- 12.2.2. Germany
- 12.2.3. Italy
- 12.2.4. Spain
- 12.2.5. United Kingdom
- 12.2.6. Rest of Europe
- 12.3. Middle East and Africa
- 12.3.1. Kingdom of Saudi Arabia
- 12.3.2. United Arab Emirates
- 12.3.3. Qatar
- 12.3.4. South Africa
- 12.3.5. Egypt
- 12.3.6. Morocco
- 12.3.7. Nigeria
- 12.3.8. Rest of Middle-East and Africa
- 12.4. North America
- 12.4.1. Canada
- 12.4.2. Mexico
- 12.4.3. United States
- 12.5. Latin America
- 12.5.1. Argentina
- 12.5.2. Brazil
- 12.5.3. Rest of Latin America
- 13. Company Profile
- 13.1. Bouygues Construction
- 13.1.1. Company details
- 13.1.2. Financial outlook
- 13.1.3. Product summary
- 13.1.4. Recent developments
- 13.2. CIMC Modular Building Systems Holdings Co., Ltd. (CIMC-MBS)
- 13.2.1. Company details
- 13.2.2. Financial outlook
- 13.2.3. Product summary
- 13.2.4. Recent developments
- 13.3. DuBox
- 13.3.1. Company details
- 13.3.2. Financial outlook
- 13.3.3. Product summary
- 13.3.4. Recent developments
- 13.4. Guerdon, LLC
- 13.4.1. Company details
- 13.4.2. Financial outlook
- 13.4.3. Product summary
- 13.4.4. Recent developments
- 13.5. Hickory Group
- 13.5.1. Company details
- 13.5.2. Financial outlook
- 13.5.3. Product summary
- 13.5.4. Recent developments
- 13.6. LAING O'ROURKE
- 13.6.1. Company details
- 13.6.2. Financial outlook
- 13.6.3. Product summary
- 13.6.4. Recent developments
- 13.7. Lendlease Corporation
- 13.7.1. Company details
- 13.7.2. Financial outlook
- 13.7.3. Product summary
- 13.7.4. Recent developments
- 13.8. LEUSBERG GmbH & Co KG
- 13.8.1. Company details
- 13.8.2. Financial outlook
- 13.8.3. Product summary
- 13.8.4. Recent developments
- 13.9. Modulaire Group
- 13.9.1. Company details
- 13.9.2. Financial outlook
- 13.9.3. Product summary
- 13.9.4. Recent developments
- 13.10. Premier Modular Limited
- 13.10.1. Company details
- 13.10.2. Financial outlook
- 13.10.3. Product summary
- 13.10.4. Recent developments
- 13.11. Others
- 14. Conclusion
- 15. List of Abbreviations
- 16. Reference Links
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