Modular Construction Market Trends, Business Overview, Industry Growth and Forecast to 2028

The global Modular Construction market is valued at $44,471.96 million in 2020 and the market is expected to record a CAGR of over 4% over the forecast period. The market has been negatively impacted by COVID-19 in 2020. Given the pandemic scenario, construction activities were temporarily suspended during the closure period, negatively impacting demand for education, housing, airports, and other markets under investigation. However, the demand for hospital and patient bed facilities based on modular structures has increased significantly during the peak of the epidemic, as the completion time required for this type of construction is very small.

Market Segmentation:

Based on type:

• Permanent
• Relocatable 
• Based on the Material:
• Steel
• Wood
• Concrete 

Based on the Module:

• Four-sided
• Open-sided
• Partially open-sided
• Mixed modules & floor cassettes
• Modules supported by a primary structure
• Others 

Based on the End-Use Sector:

• Residential
• Office
• Education
• Retail & Commercial
• Hospitality
• Healthcare
• Others 

Major Players

• Katerra
• Skanska
• Bouygues Construction
• Balfour Beatty
• TAISEI CORPORATION

Recent developments

• Market overview and growth analysis
• Import and export overview
• Volume analysis
• Current market trends and future outlook
• Market opportunistic and attractive investment segment

Geographic coverage

• North america market size and/or volume
• Latin america market size and/or volume
• Europe market size and/or volume
• Asia-pacific market size and/or volume
• Rest of the world market size and/or volume

Key Questions Answered by Modular Construction Market Report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How COVID-19 impacted the market?
  • Deviation from the pre-COVID-19 forecast
  • Most affected region and segment
• Who is the leader in the market?
• How are players addressing challenges to sustain growth?
• Where is the investment opportunity?