Modular Construction in High Rise Buildings: 2019 Global Industry Overview By Size, Share, Trends, Segments and Regional Analysis With Leading Players Overview Through 2023

Global Modular Construction for High Rise Buildings Market Research Report Information: Material (Steel) Building Height (Up to 70 Meters) Module Type (Bathroom Pods) – Forecast Till 2023

Walker Modular, PUDA Industrial Co., Ltd., NeoPod Systems, Interpod Offsite, B&T Manufacturing, Elements Europe, The Pod Company (Speed House Group Company), Intelligent Offsite, Oldcastle Surepods, Eurocomponents Italia S.P.A., and others are noteworthy players in the modular construction for high rise buildings market. Vendors in the market are competing on quality, costs, and rapid aftermarket service.

The report offers comprehensive profiles on these market players and assesses their current standing in the modular construction for high rise buildings market. Company history coupled with annual turnover, segmental share, SWOT analysis, growth strategies, new product launches, M&A activities, and latest R&D initiatives are outlined in the report.

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Modular Construction for High Rise Buildings Market: Summary

The global modular construction market for high rise buildings is expected to experience a moderate CAGR of 5.60% during the forecast period (2017-2023), as Market Research Future (MRFR) prognoses. Rapid urbanization and industrialization along with a growing concern regarding industrial waste have resulted in this shift in trend to modular constructions, and the market has responded well by catering to the demand.

The market’s openness to foreign direct investment (FDI) has instigated a flurry of investments. According to the United States Economic and Social Commission for Asia and Pacific (UNESCAP), the FDI investment was valued at USD 1.76 trillion in 2015 and had seen a 38% increase from 2014. The retail, along with real-estate, is also experiencing a push from FDI sectors amounting in high demand for modular constructions.

Governments in emerging nations are introducing various reforms and regulations to propel the infrastructure and real estate market growth. For instance, the Indian government has announced plans for smart cities, rural housing fund and ‘House for All’ under National Housing Board (NHB), an initiative that has given rise to pre-fabricated constructions. Similarly, in China, the government has relaxed the lowest down payment ration boosting the construction market and demand for modular construction significantly.

However, fluctuating raw material prices can act as a major deterrent. The oscillating price of steel, a key component, often leaves builders dangling in mid-air over the investment and profit ratio, resulting in an unstable market.

Segmentation:

The modular construction market for high rise buildings market can be segmented by material, building height, module type, and region.

Material-wise segmentation consists of concrete, steel, plastic, and wood. Steel holds the preponderant share of the market; a whopping 31.12% in 2016. Steel speeds up the construction procedure by 50% and consequently has become the preferred material for builders across strata. The market for steel seems lucrative and can experience an impressive CAGR of 5.82% during the forecast period.

Based on building height, the market is segmented into up to 70 meters, 70-100 meters, 100-170 meters, 170 meters and above. The up to 70 meters segment accounted for the largest market share by dictating a stupendous 42.76% of the market and touted to lead in the foreseeable future with the fastest CAGR. The 70-100 meters segment is next in line with a recorded market size of USD 888.7 million in 2016.

Modular-based segmentation includes bathroom pods, kitchenette, and others. Bathroom pods are accounted for the maximum market revenue. Kitchenettes are projected to grow with the fastest CAGR.

Regional Analysis:

Region-wise, the modular construction market for high rise buildings market is segmented into Americas, Europe, Asia Pacific (APAC), and the Middle East & Africa (MEA).

The APAC region, owing to an industrial boom, impressive urbanization, and large population base, is expected to create demand for modular constructions during the forecast period. China is leading the pack by relaxing tax norms and effectively implementing policies to further ensure the prospects of modular structures in the region. The region accounts for 16.23% of the global market and expects to exhibit a CAGR of 5.71% during the forecast period.

North America and Latin America jointly account for 29.42% of the global market share owing to its demand for modular components in high-rises.

Europe has a significant market owing to construction output. The region is currently witnessing an escalation in private housing, commercial, and infrastructure construction coupled with an increase in privately funded projects in education and the health sectors.

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Table of Contents

1 Executive Summary

2 Market Introduction
2.1 Definition
2.2 Scope of the Study
2.3 List of Assumptions
2.4 Market Structure
2.5 Key Takeaways
2.6 Key Buying Criteria

3 Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
3.5 Forecast Model

Continued.......

List of Tables

Table 1 Market Synopsis
Table 2 List of Assumptions
Table 3 Share of Top Countries Attracting Fdi Equity Inflows for Construction Development,2000-2015 (Usd Million)
Table 4 India: Government Investment in Sez
Table 5 Global Modular Construction for High-rise Buildings Market, by Material, 2016-2023 (Usd Million)
Table 6 Global Modular Construction for High-rise Buildings Market, by Building Height, 2016-2023 (Usd Million)
Table 7 Global Modular Construction for High-rise Buildings Market, by Module Type, 2016-2023 (Usd Million)
Table 8 Global Modular Construction for High-rise Buildings Market, by Region, 2014-2023 (Usd Million)

Continued.......

List of Figures

Figure 1 Global Modular Construction for High-rise Buildings Market: Market Structure
Figure 2 Key Takeaways of the Modular Construction for High-rise Buildings Market
Figure 3 Key Buying Criteria of Modular Construction for High-rise Buildings
Figure 4 Research Process of Mrfr
Figure 5 Top Down & Bottom Up Approach
Figure 6 Droc Analysis of Global Modular Construction for High-rise Buildings Market
Figure 7 Fdi Inflows, Asia-pacific, 2010-2015 (Usd Billion)
Figure 8 Drivers Impact Analysis: Global Modular Construction for High-rise Buildings Market
Figure 9 Global Historic and Forecasted Steel Prices, 2010-2019 (Usd/tonne)

Continued.......

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