Global Modular Construction Strategic Industry Report 2024

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Dublin, March 11, 2024 (GLOBE NEWSWIRE) -- The "Modular Construction: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Global Modular Construction Market to Reach $144.8 Billion by 2030.

The global market for Modular Construction estimated at US$100.7 Billion in the year 2022, is projected to reach a revised size of US$144.8 Billion by 2030, growing at a CAGR of 4.7% over the analysis period 2022-2030. Permanent, one of the segments analyzed in the report, is projected to record 5% CAGR and reach US$90 Billion by the end of the analysis period. Growth in the Relocatable segment is estimated at 4.2% CAGR for the next 8-year period.

The U.S. Market is Estimated at $27 Billion, While China is Forecast to Grow at 7.1% CAGR.

The Modular Construction market in the U.S. is estimated at US$27 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$31.6 Billion by the year 2030 trailing a CAGR of 7.1% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.4% and 4.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.7% CAGR.

Key Attributes:

Report Attribute

Details

No. of Pages

292

Forecast Period

2022 - 2030

Estimated Market Value (USD) in 2022

$100.7 Billion

Forecasted Market Value (USD) by 2030

$144.8 Billion

Compound Annual Growth Rate

4.7%

Regions Covered

Global

FOCUS ON SELECT PLAYERS

  • Algeco Scotsman, Inc.

  • Alta-Fab Structures Ltd.

  • Art's Way Manufacturing Co., Inc.

  • ATCO Ltd.

  • Bouygues Construction

  • CIMC Modular Building Systems Holdings Co. Ltd.

  • Clayton Building Solutions

  • DuBox

  • Fleetwood Australia

  • Guerdon Enterprises LLC

  • Hickory Group

  • Horizon North Logistics Inc.

  • J.D. Irving

  • KEF Kattera

  • KLEUSBERG GmbH & Co. KG

  • KOMA Modular s.r.o.

  • Kwikspace Modular Buildings

  • Laing O'rourke

  • Lendlease Corporation Limited

  • Modular Space Corporation

  • Nrb Inc.

  • Red Sea Housing Services

  • Skanska AB

  • Vinci

  • Wernick Group (Holdings) Ltd.

  • Westchester Modular Homes Inc.

3. MARKET TRENDS & DRIVERS

For more information about this report visit https://www.researchandmarkets.com/r/2w1kng

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