Report Overview
Modular construction is an innovative building method where structures are constructed using prefabricated modules or components. It offers advantages in terms of speed and cost-effectiveness.
The global Modular Construction market size was estimated at USD 93300 million in 2023 and is projected to reach USD 151061.50 million by 2032, exhibiting a CAGR of 5.50% during the forecast period.
North America Modular Construction market size was estimated at USD 26657.55 million in 2023, at a CAGR of 4.71% during the forecast period of 2025 through 2032.
This report provides a deep insight into the global Modular Construction market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Modular Construction Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Modular Construction market in any manner.
Global Modular Construction Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
ACS Group
Skanska AB
Komatsu
LARSEN & TOUBRO
Balfour Beatty
Kiewit Corporation
Taisei Corporation
Red Sea Housing
System House
Bouygues Construction
Market Segmentation (by Type)
Walls
Roof & Floors
Columns & Beams
Others
Market Segmentation (by Application)
Commercial
Residential
Industrial
Geographic Segmentation
North America (USA, Canada, Mexico)
Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
South America (Brazil, Argentina, Columbia, Rest of South America)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
Industry drivers, restraints, and opportunities covered in the study
Neutral perspective on the market performance
Recent industry trends and developments
Competitive landscape & strategies of key players
Potential & niche segments and regions exhibiting promising growth covered
Historical, current, and projected market size, in terms of value
In-depth analysis of the Modular Construction Market
Overview of the regional outlook of the Modular Construction Market:
Key Reasons to Buy this Report:
Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
This enables you to anticipate market changes to remain ahead of your competitors
You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents
The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
Provision of market value data for each segment and sub-segment
Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
Includes in-depth analysis of the market from various perspectives through Porter
TABLE OF CONTENTS
Table of Contents
1 Research Methodology and Statistical Scope
1.1 Market Definition and Statistical Scope of Modular Construction
1.2 Key Market Segments
1.2.1 Modular Construction Segment by Type
1.2.2 Modular Construction Segment by Application
1.3 Methodology & Sources of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown and Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 Modular Construction Market Overview
2.1 Global Market Overview
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 Modular Construction Market Competitive Landscape
3.1 Global Modular Construction Revenue Market Share by Company (2019-2025)
3.2 Modular Construction Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Company Modular Construction Market Size Sites, Area Served, Product Type
3.4 Modular Construction Market Competitive Situation and Trends
3.4.1 Modular Construction Market Concentration Rate
3.4.2 Global 5 and 10 Largest Modular Construction Players Market Share by Revenue
3.4.3 Mergers & Acquisitions, Expansion
4 Modular Construction Value Chain Analysis
4.1 Modular Construction Value Chain Analysis
4.2 Midstream Market Analysis
4.3 Downstream Customer Analysis
5 The Development and Dynamics of Modular Construction Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Market Restraints
5.5 Industry News
5.5.1 Mergers & Acquisitions
5.5.2 Expansions
5.5.3 Collaboration/Supply Contracts
5.6 Industry Policies
6 Modular Construction Market Segmentation by Type
6.1 Evaluation Matrix of Segment Market Development Potential (Type)
6.2 Global Modular Construction Market Size Market Share by Type (2019-2025)
6.3 Global Modular Construction Market Size Growth Rate by Type (2019-2025)
7 Modular Construction Market Segmentation by Application
7.1 Evaluation Matrix of Segment Market Development Potential (Application)
7.2 Global Modular Construction Market Size (M USD) by Application (2019-2025)
7.3 Global Modular Construction Market Size Growth Rate by Application (2019-2025)
8 Modular Construction Market Segmentation by Region
8.1 Global Modular Construction Market Size by Region
8.1.1 Global Modular Construction Market Size by Region
8.1.2 Global Modular Construction Market Size Market Share by Region
8.2 North America
8.2.1 North America Modular Construction Market Size by Country
8.2.2 U.S.
8.2.3 Canada
8.2.4 Mexico
8.3 Europe
8.3.1 Europe Modular Construction Market Size by Country
8.3.2 Germany
8.3.3 France
8.3.4 U.K.
8.3.5 Italy
8.3.6 Russia
8.4 Asia Pacific
8.4.1 Asia Pacific Modular Construction Market Size by Region
8.4.2 China
8.4.3 Japan
8.4.4 South Korea
8.4.5 India
8.4.6 Southeast Asia
8.5 South America
8.5.1 South America Modular Construction Market Size by Country
8.5.2 Brazil
8.5.3 Argentina
8.5.4 Columbia
8.6 Middle East and Africa
8.6.1 Middle East and Africa Modular Construction Market Size by Region
8.6.2 Saudi Arabia
8.6.3 UAE
8.6.4 Egypt
8.6.5 Nigeria
8.6.6 South Africa
9 Key Companies Profile
9.1 ACS Group
9.1.1 ACS Group Modular Construction Basic Information
9.1.2 ACS Group Modular Construction Product Overview
9.1.3 ACS Group Modular Construction Product Market Performance
9.1.4 ACS Group Modular Construction SWOT Analysis
9.1.5 ACS Group Business Overview
9.1.6 ACS Group Recent Developments
9.2 Skanska AB
9.2.1 Skanska AB Modular Construction Basic Information
9.2.2 Skanska AB Modular Construction Product Overview
9.2.3 Skanska AB Modular Construction Product Market Performance
9.2.4 Skanska AB Modular Construction SWOT Analysis
9.2.5 Skanska AB Business Overview
9.2.6 Skanska AB Recent Developments
9.3 Komatsu
9.3.1 Komatsu Modular Construction Basic Information
9.3.2 Komatsu Modular Construction Product Overview
9.3.3 Komatsu Modular Construction Product Market Performance
9.3.4 Komatsu Modular Construction SWOT Analysis
9.3.5 Komatsu Business Overview
9.3.6 Komatsu Recent Developments
9.4 LARSEN and TOUBRO
9.4.1 LARSEN and TOUBRO Modular Construction Basic Information
9.4.2 LARSEN and TOUBRO Modular Construction Product Overview
9.4.3 LARSEN and TOUBRO Modular Construction Product Market Performance
9.4.4 LARSEN and TOUBRO Business Overview
9.4.5 LARSEN and TOUBRO Recent Developments
9.5 Balfour Beatty
9.5.1 Balfour Beatty Modular Construction Basic Information
9.5.2 Balfour Beatty Modular Construction Product Overview
9.5.3 Balfour Beatty Modular Construction Product Market Performance
9.5.4 Balfour Beatty Business Overview
9.5.5 Balfour Beatty Recent Developments
9.6 Kiewit Corporation
9.6.1 Kiewit Corporation Modular Construction Basic Information
9.6.2 Kiewit Corporation Modular Construction Product Overview
9.6.3 Kiewit Corporation Modular Construction Product Market Performance
9.6.4 Kiewit Corporation Business Overview
9.6.5 Kiewit Corporation Recent Developments
9.7 Taisei Corporation
9.7.1 Taisei Corporation Modular Construction Basic Information
9.7.2 Taisei Corporation Modular Construction Product Overview
9.7.3 Taisei Corporation Modular Construction Product Market Performance
9.7.4 Taisei Corporation Business Overview
9.7.5 Taisei Corporation Recent Developments
9.8 Red Sea Housing
9.8.1 Red Sea Housing Modular Construction Basic Information
9.8.2 Red Sea Housing Modular Construction Product Overview
9.8.3 Red Sea Housing Modular Construction Product Market Performance
9.8.4 Red Sea Housing Business Overview
9.8.5 Red Sea Housing Recent Developments
9.9 System House
9.9.1 System House Modular Construction Basic Information
9.9.2 System House Modular Construction Product Overview
9.9.3 System House Modular Construction Product Market Performance
9.9.4 System House Business Overview
9.9.5 System House Recent Developments
9.10 Bouygues Construction
9.10.1 Bouygues Construction Modular Construction Basic Information
9.10.2 Bouygues Construction Modular Construction Product Overview
9.10.3 Bouygues Construction Modular Construction Product Market Performance
9.10.4 Bouygues Construction Business Overview
9.10.5 Bouygues Construction Recent Developments
10 Modular Construction Regional Market Forecast
10.1 Global Modular Construction Market Size Forecast
10.2 Global Modular Construction Market Forecast by Region
10.2.1 North America Market Size Forecast by Country
10.2.2 Europe Modular Construction Market Size Forecast by Country
10.2.3 Asia Pacific Modular Construction Market Size Forecast by Region
10.2.4 South America Modular Construction Market Size Forecast by Country
10.2.5 Middle East and Africa Forecasted Consumption of Modular Construction by Country
11 Forecast Market by Type and by Application (2025-2032)
11.1 Global Modular Construction Market Forecast by Type (2025-2032)
11.2 Global Modular Construction Market Forecast by Application (2025-2032)
12 Conclusion and Key Findings
LIST OF TABLES & FIGURES
List of Tables
Table 1. Introduction of the Type
Table 2. Introduction of the Application
Table 3. Market Size (M USD) Segment Executive Summary
Table 4. Modular Construction Market Size Comparison by Region (M USD)
Table 5. Global Modular Construction Revenue (M USD) by Company (2019-2025)
Table 6. Global Modular Construction Revenue Share by Company (2019-2025)
Table 7. Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Modular Construction as of 2022)
Table 8. Company Modular Construction Market Size Sites and Area Served
Table 9. Company Modular Construction Product Type
Table 10. Global Modular Construction Company Market Concentration Ratio (CR5 and HHI)
Table 11. Mergers & Acquisitions, Expansion Plans
Table 12. Value Chain Map of Modular Construction
Table 13. Midstream Market Analysis
Table 14. Downstream Customer Analysis
Table 15. Key Development Trends
Table 16. Driving Factors
Table 17. Modular Construction Market Challenges
Table 18. Global Modular Construction Market Size by Type (M USD)
Table 19. Global Modular Construction Market Size (M USD) by Type (2019-2025)
Table 20. Global Modular Construction Market Size Share by Type (2019-2025)
Table 21. Global Modular Construction Market Size Growth Rate by Type (2019-2025)
Table 22. Global Modular Construction Market Size by Application
Table 23. Global Modular Construction Market Size by Application (2019-2025) & (M USD)
Table 24. Global Modular Construction Market Share by Application (2019-2025)
Table 25. Global Modular Construction Market Size Growth Rate by Application (2019-2025)
Table 26. Global Modular Construction Market Size by Region (2019-2025) & (M USD)
Table 27. Global Modular Construction Market Size Market Share by Region (2019-2025)
Table 28. North America Modular Construction Market Size by Country (2019-2025) & (M USD)
Table 29. Europe Modular Construction Market Size by Country (2019-2025) & (M USD)
Table 30. Asia Pacific Modular Construction Market Size by Region (2019-2025) & (M USD)
Table 31. South America Modular Construction Market Size by Country (2019-2025) & (M USD)
Table 32. Middle East and Africa Modular Construction Market Size by Region (2019-2025) & (M USD)
Table 33. ACS Group Modular Construction Basic Information
Table 34. ACS Group Modular Construction Product Overview
Table 35. ACS Group Modular Construction Revenue (M USD) and Gross Margin (2019-2025)
Table 36. ACS Group Modular Construction SWOT Analysis
Table 37. ACS Group Business Overview
Table 38. ACS Group Recent Developments
Table 39. Skanska AB Modular Construction Basic Information
Table 40. Skanska AB Modular Construction Product Overview
Table 41. Skanska AB Modular Construction Revenue (M USD) and Gross Margin (2019-2025)
Table 42. Skanska AB Modular Construction SWOT Analysis
Table 43. Skanska AB Business Overview
Table 44. Skanska AB Recent Developments
Table 45. Komatsu Modular Construction Basic Information
Table 46. Komatsu Modular Construction Product Overview
Table 47. Komatsu Modular Construction Revenue (M USD) and Gross Margin (2019-2025)
Table 48. Komatsu Modular Construction SWOT Analysis
Table 49. Komatsu Business Overview
Table 50. Komatsu Recent Developments
Table 51. LARSEN and TOUBRO Modular Construction Basic Information
Table 52. LARSEN and TOUBRO Modular Construction Product Overview
Table 53. LARSEN and TOUBRO Modular Construction Revenue (M USD) and Gross Margin (2019-2025)
Table 54. LARSEN and TOUBRO Business Overview
Table 55. LARSEN and TOUBRO Recent Developments
Table 56. Balfour Beatty Modular Construction Basic Information
Table 57. Balfour Beatty Modular Construction Product Overview
Table 58. Balfour Beatty Modular Construction Revenue (M USD) and Gross Margin (2019-2025)
Table 59. Balfour Beatty Business Overview
Table 60. Balfour Beatty Recent Developments
Table 61. Kiewit Corporation Modular Construction Basic Information
Table 62. Kiewit Corporation Modular Construction Product Overview
Table 63. Kiewit Corporation Modular Construction Revenue (M USD) and Gross Margin (2019-2025)
Table 64. Kiewit Corporation Business Overview
Table 65. Kiewit Corporation Recent Developments
Table 66. Taisei Corporation Modular Construction Basic Information
Table 67. Taisei Corporation Modular Construction Product Overview
Table 68. Taisei Corporation Modular Construction Revenue (M USD) and Gross Margin (2019-2025)
Table 69. Taisei Corporation Business Overview
Table 70. Taisei Corporation Recent Developments
Table 71. Red Sea Housing Modular Construction Basic Information
Table 72. Red Sea Housing Modular Construction Product Overview
Table 73. Red Sea Housing Modular Construction Revenue (M USD) and Gross Margin (2019-2025)
Table 74. Red Sea Housing Business Overview
Table 75. Red Sea Housing Recent Developments
Table 76. System House Modular Construction Basic Information
Table 77. System House Modular Construction Product Overview
Table 78. System House Modular Construction Revenue (M USD) and Gross Margin (2019-2025)
Table 79. System House Business Overview
Table 80. System House Recent Developments
Table 81. Bouygues Construction Modular Construction Basic Information
Table 82. Bouygues Construction Modular Construction Product Overview
Table 83. Bouygues Construction Modular Construction Revenue (M USD) and Gross Margin (2019-2025)
Table 84. Bouygues Construction Business Overview
Table 85. Bouygues Construction Recent Developments
Table 86. Global Modular Construction Market Size Forecast by Region (2025-2032) & (M USD)
Table 87. North America Modular Construction Market Size Forecast by Country (2025-2032) & (M USD)
Table 88. Europe Modular Construction Market Size Forecast by Country (2025-2032) & (M USD)
Table 89. Asia Pacific Modular Construction Market Size Forecast by Region (2025-2032) & (M USD)
Table 90. South America Modular Construction Market Size Forecast by Country (2025-2032) & (M USD)
Table 91. Middle East and Africa Modular Construction Market Size Forecast by Country (2025-2032) & (M USD)
Table 92. Global Modular Construction Market Size Forecast by Type (2025-2032) & (M USD)
Table 93. Global Modular Construction Market Size Forecast by Application (2025-2032) & (M USD)
List of Figures
Figure 1. Industrial Chain of Modular Construction
Figure 2. Data Triangulation
Figure 3. Key Caveats
Figure 4. Global Modular Construction Market Size (M USD), 2019-2032
Figure 5. Global Modular Construction Market Size (M USD) (2019-2032)
Figure 6. Evaluation Matrix of Segment Market Development Potential (Type)
Figure 7. Evaluation Matrix of Segment Market Development Potential (Application)
Figure 8. Evaluation Matrix of Regional Market Development Potential
Figure 9. Modular Construction Market Size by Country (M USD)
Figure 10. Global Modular Construction Revenue Share by Company in 2023
Figure 11. Modular Construction Market Share by Company Type (Tier 1, Tier 2 and Tier 3): 2023
Figure 12. The Global 5 and 10 Largest Players: Market Share by Modular Construction Revenue in 2023
Figure 13. Evaluation Matrix of Segment Market Development Potential (Type)
Figure 14. Global Modular Construction Market Share by Type
Figure 15. Market Size Share of Modular Construction by Type (2019-2025)
Figure 16. Market Size Market Share of Modular Construction by Type in 2022
Figure 17. Global Modular Construction Market Size Growth Rate by Type (2019-2025)
Figure 18. Evaluation Matrix of Segment Market Development Potential (Application)
Figure 19. Global Modular Construction Market Share by Application
Figure 20. Global Modular Construction Market Share by Application (2019-2025)
Figure 21. Global Modular Construction Market Share by Application in 2022
Figure 22. Global Modular Construction Market Size Growth Rate by Application (2019-2025)
Figure 23. Global Modular Construction Market Size Market Share by Region (2019-2025)
Figure 24. North America Modular Construction Market Size and Growth Rate (2019-2025) & (M USD)
Figure 25. North America Modular Construction Market Size Market Share by Country in 2023
Figure 26. U.S. Modular Construction Market Size and Growth Rate (2019-2025) & (M USD)
Figure 27. Canada Modular Construction Market Size (M USD) and Growth Rate (2019-2025)
Figure 28. Mexico Modular Construction Market Size (Units) and Growth Rate (2019-2025)
Figure 29. Europe Modular Construction Market Size and Growth Rate (2019-2025) & (M USD)
Figure 30. Europe Modular Construction Market Size Market Share by Country in 2023
Figure 31. Germany Modular Construction Market Size and Growth Rate (2019-2025) & (M USD)
Figure 32. France Modular Construction Market Size and Growth Rate (2019-2025) & (M USD)
Figure 33. U.K. Modular Construction Market Size and Growth Rate (2019-2025) & (M USD)
Figure 34. Italy Modular Construction Market Size and Growth Rate (2019-2025) & (M USD)
Figure 35. Russia Modular Construction Market Size and Growth Rate (2019-2025) & (M USD)
Figure 36. Asia Pacific Modular Construction Market Size and Growth Rate (M USD)
Figure 37. Asia Pacific Modular Construction Market Size Market Share by Region in 2023
Figure 38. China Modular Construction Market Size and Growth Rate (2019-2025) & (M USD)
Figure 39. Japan Modular Construction Market Size and Growth Rate (2019-2025) & (M USD)
Figure 40. South Korea Modular Construction Market Size and Growth Rate (2019-2025) & (M USD)
Figure 41. India Modular Construction Market Size and Growth Rate (2019-2025) & (M USD)
Figure 42. Southeast Asia Modular Construction Market Size and Growth Rate (2019-2025) & (M USD)
Figure 43. South America Modular Construction Market Size and Growth Rate (M USD)
Figure 44. South America Modular Construction Market Size Market Share by Country in 2023
Figure 45. Brazil Modular Construction Market Size and Growth Rate (2019-2025) & (M USD)
Figure 46. Argentina Modular Construction Market Size and Growth Rate (2019-2025) & (M USD)
Figure 47. Columbia Modular Construction Market Size and Growth Rate (2019-2025) & (M USD)
Figure 48. Middle East and Africa Modular Construction Market Size and Growth Rate (M USD)
Figure 49. Middle East and Africa Modular Construction Market Size Market Share by Region in 2023
Figure 50. Saudi Arabia Modular Construction Market Size and Growth Rate (2019-2025) & (M USD)
Figure 51. UAE Modular Construction Market Size and Growth Rate (2019-2025) & (M USD)
Figure 52. Egypt Modular Construction Market Size and Growth Rate (2019-2025) & (M USD)
Figure 53. Nigeria Modular Construction Market Size and Growth Rate (2019-2025) & (M USD)
Figure 54. South Africa Modular Construction Market Size and Growth Rate (2019-2025) & (M USD)
Figure 55. Global Modular Construction Market Size Forecast by Value (2019-2032) & (M USD)
Figure 56. Global Modular Construction Market Share Forecast by Type (2025-2032)
Figure 57. Global Modular Construction Market Share Forecast by Application (2025-2032)