Insights on the global modular construction market up to 2027

DublinAnd January 21, 2023 /PRNewswire/ – File Modular Construction Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027 The report has been added to an offer.

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The global modular construction market size has been reached 76.1 billion US dollars in 2021. Looking ahead, the publisher expects it to hit the market 109 billion US dollars By 2027, it shows a compound annual growth rate of 6.17% over the period 2021-2027.

Modular construction refers to the off-site development of prefabricated buildings under controlled industrial conditions. It involves the use of individual units or sections, such as kitchens, bathroom pods, and full or partial rooms, manufactured in a facility using standard materials and building code.

These units are further assembled on the construction site and reinforced with a self-supporting structure or an independent structural frame for multi-storey buildings. Compared to traditionally used construction methods, modular construction is faster, cost-effective, sustainable, and causes minimal disruptions and waste generation. It can also be easily disassembled, refurbished and moved with low resource requirements.

One of the major factors creating a positive outlook for the market is the significant growth in the construction industry worldwide. Moreover, the increasing need for cost- and time-effective construction solutions is providing impetus to the growth of the market.

With the increasing environmental awareness among the masses, consumers are widely adopting Permanent Modular Construction (PMC) to develop sustainable commercial, industrial and residential parks. They are also used to set up dedicated rehabilitation clinics, emergency rooms, operating rooms, hospital annexes, laboratories, diagnostic centers, and other medical facilities.

In line with this, the widespread adoption of steel frames, wall panels and hot rolled frames is also contributing to the growth of the market. They offer enhanced structural integrity, design flexibility, security and fire resistance. In addition, the increasing use of lean manufacturing techniques and technologically advanced equipment is also helping the growth of the market.

Other factors, including increased spending capabilities of consumers, along with implementation of favorable government policies that promote infrastructure development, are expected to drive the market towards growth.

Competitive scene:

The competitive landscape of the industry has also been examined along with the profiles of key players such as Algeco, Balfour Beatty plc, Bouygues, Etex Group, Guerdon LLC, KLEUSBERG GmbH & Co KG, Ling O’RourkeLarsen & Toubro Limited, Lendlease Corporation, Red Sea International, Skanska AB, and Taisei Corporation.

Key questions answered in this report:

  • How has the global modular construction market performed so far and how will it perform in the coming years?

  • What will be the impact of COVID-19 on the global Modular Building Market?

  • What are the main regional markets?

  • What is the market segmentation by type?

  • What is the market breakdown based on unit type?

  • What is market breakdown based on article?

  • What is the market segmentation based on end use?

  • What are the different stages in the value chain of an industry?

  • What are the key drivers and challenges in the industry?

  • What is the structure of the global Modular Building Market and who are the key players?

  • What is the degree of competition in the industry?

Main topics covered:

1. Introduction

2. Scope and methodology

3. Executive summary

4. Introduction
4.1 Overview
4.2 Key Industry Trends

5. Global modular construction market
5.1 Market Overview
5.2 Market performance
5.3 Impact of COVID-19
5.4 Market Outlook

6. Segmentation of the market by type
6.1 permanent
6.1.1 Market Trends
6.1.2 Market Outlook
6.2 Transportation
6.2.1 Market Trends
6.2.2 Market Outlook

7. Segmentation of the market by unit type
7.1 four-sided
7.1.1 Market Trends
7.1.2 Market Outlook
7.2 Face Unlock
7.2.1 Market Trends
7.2.2 Market Outlook
7.3 Partially open face
7.3.1 Market Trends
7.3.2 Market Outlook
7.4 Mixed units and floor strips
7.4.1 Market Trends
7.4.2 Market Outlook
7.5 units supported by infrastructure
7.5.1 Market Trends
7.5.2 Market Outlook
another 7.6
7.6.1 Market Trends
7.6.2 Market Outlook

8. Market disintegration by article
8.1 steel
8.1.1 Market Trends
8.1.2 Market Outlook
8.2 Concrete
8.2.1 Market Trends
8.2.2 Market Outlook
8.3 Wood
8.3.1 Market Trends
8.3.2 Market Outlook
8.4 plastic
8.4.1 Market Trends
8.4.2 Market Outlook
another 8.5
8.5.1 Market Trends
8.5.2 Market Outlook

9. Market fragmentation by end use
9.1 Residential
9.1.1 Market Trends
9.1.2 Market Outlook
9.2 Commercial
9.2.1 Market Trends
9.2.2 Market Outlook
9.3 Education
9.3.1 Market Trends
9.3.2 Market Outlook
9.4 Retail
9.4.1 Market Trends
9.4.2 Market Outlook
9.5 Hospitality
9.5.1 Market Trends
9.5.2 Market Outlook
9.6 Health Care
9.6.1 Market Trends
9.6.2 Market Outlook
9.7 other
9.7.1 Market Trends
9.7.2 Market Outlook

10. Divide the market by region

11. SWOT analysis

12. Value Chain Analysis

13. Porter’s Five Forces Analysis

14. Price analysis

15. The competitive landscape
15.1 Market Structure
15.2 The main players
15.3 Profiles of key players
15.3.1 ALGICO Company Overview Product Group
15.3.2 Balfour Beatty Plc Company Overview Product Portfolio Financial Statements SWOT analysis
15.3.3 Puig Company Overview Product Portfolio
15.3.4 Etex Group Company Overview Product Portfolio
15.3.5 Guerdon LLC Company Overview Product Portfolio
15.3.6 KLEUSBERG GmbH & Co KG Company Overview Product Portfolio
15.3.7 Ling O’Rourke Company Overview Product Portfolio SWOT analysis
15.3.8 Larsen and Toubro Ltd Company Overview Product Portfolio Financial Statements SWOT analysis
15.3.9 Lendlease Corporation Company Overview Product Group Financial Statements SWOT analysis
15.3.10 Red Sea International Company Company Overview Product Portfolio Financial Statements
15.3.11 Skanska AB Company Overview Product Portfolio Financial Statements SWOT analysis
15.3.12 Taisei Corporation Company Overview Product Portfolio Financial Statements SWOT analysis

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