Modular Construction Market Projected to Reach US$144.8 Billion Globally by 2030

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DUBLIN, March 12, 2024 /PRNewswire/ -- The "Modular Construction: Global Strategic Business Report" has been added to  ResearchAndMarkets.com's offering.

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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 Modular Construction, 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 Modular Construction segment is estimated at 4.2% CAGR for the next 8-year period.

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.

Report Scope:

  • Special discussions on the global economic climate and market sentiment

  • Coverage on global competitiveness and key competitor percentage market shares

  • Market presence analysis across multiple geographies - Strong/Active/Niche/Trivial

  • Online interactive peer-to-peer collaborative bespoke updates

  • Access to digital archives and research platform

  • Complimentary updates for one year

  • Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes

Company Coverage:

  • 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.

For more information about this report visit https://www.researchandmarkets.com/r/eb0xuh

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