The global Modular Construction Market size was USD 91 Billion in 2022 and is expected to reach a value of USD 153.74 Billion in 2032 and register a revenue CAGR of 6% during the forecast period. Global need for affordable and sustainable housing solutions is the main factor fueling the market's expansion. The use of modular construction techniques is a result of the necessity for speed and economy in construction projects as well as the lack of competent labour in the sector.
The market for modular construction is also fueled by the growing need for environmentally and energy-conscious structures. Utilizing recycled and sustainable materials is possible with modular construction methods, which lowers the construction sector's carbon footprint. Due to rising concern over environmental sustainability and the popularity of Green Building certifications like LEED and BREEAM, the market for green modular buildings is anticipated to expand quickly over the course of the forecast period.
Get a sample of the report @ https://www.reportsanddata.com/download-free-sample/3149
Competitive Landscape:
The global market comprises various market players operating at regional and global levels. These key players are adopting various strategies such as license agreements, partnerships, merger and acquisitions, collaborations, R&D investments, and joint ventures to gain robust footing in the market.
Major Companies:
- Skanska AB
- Laing O'Rourke
- Red Sea Housing Services
- CIMC Modular Building Systems Holdings Co., Ltd.
- KEF Infra
- Algeco
- Guerdon Enterprises LLC
- Bouygues Construction
- Katerra Inc.
- ACS Group
Inquiry Before Buying: https://www.reportsanddata.com/inquiry-before-buying/3149
Modular Construction Market Segmentation:
Type Outlook:
- Permanent
- Relocatable
Application Outlook:
- Residential
- Commercial
- Industrial
Regional Outlook:
- North America (U.S., Canada, Mexico)
- Europe (Germany, U.K., Italy, France, BENELUX, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
- Latin America (Brazil, Rest of LATAM)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Request a customization of the report @ https://www.reportsanddata.com/request-customization-form/3149
Thank you for reading the research report on global Modular Construction market. Contact us to know more about the customization feature and our team will offer the best suited report as per your requirement in the stipulated time.
Browse More Reports:
Thermal Spray Coatings Market@ https://www.reportsanddata.com/report-detail/thermal-spray-coatings-market
Water-Based Adhesive Market@ https://www.reportsanddata.com/report-detail/water-based-adhesive-market
Construction Film Market@ https://www.reportsanddata.com/report-detail/construction-film-market
About Us:
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients to make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Products, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
Contact Us:
John W
(Head of Business Development)
Reports and Data | Web: www.reportsanddata.com
Direct Line: +1-212-710-1370
E-mail: sales@reportsanddata.com
Blogs | Press Release | Industry News | Our competencies
Browse More Upcoming Reports @ https://www.reportsanddata.com/upcoming-reports
Browse More Latest Reports @ https://www.reportsanddata.com/report
