Press release
Research Highlights: Modular Construction Market Is Expected To Reach US$ 187.6 Billion By 2025 With A Healthy CAGR Of +7% Over The Forecast Period 2019 -2025
Modular Construction Market Overview-Modular Construction Market to reach US$187.6 billion by 2025. Global Modular Construction Market valued approximately USD 99.5 billion in 2016 is anticipated to grow with a healthy growth rate of more than +7% over the forecast period 2019-2025.
Market Study Report has recently completed a report on The Modular Construction Market Share 2019-2025 which provides a succinct analysis of the market size, revenue forecast, and the regional landscape of this industry.
The increasing population and industrialization have induced the demand for new constructions in commercial as well as residential sectors, the rapid urbanization due to the migration of rural population to and the transformation of towns into cities are the major factors driving the growth of the Global Modular Construction Market. Furthermore, increasing household incomes, changes in living standards is anticipated to move the preference of the suppliers and consumers toward modular construction, thus aiding to the growth of the market.
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Modular Construction Market key Players covered in this report:
Laing O’rourke, Red Sea Housing, Atco, Bouygues Construction, Vinci, Skanska AB, Algeco Scotsman, Kleusberg GmbH & Co. Kg, Kef Katerra, Lendlease Corporation, Comic Modular Building Systems Holding, Modular Space Corporation, Dubox, Kwikspace Modular Buildings, Guerdon Enterprises LLC, Alta-Fab Structures, Westchester Modular Homes, Wernick Group, Fleetwood Australia, NRB Inc. and so on.
Modular Construction Market Segmentation By type:
• Permanent
• Relocatable
Modular Construction Market Segmentation By Material:
• Precast Concrete
• Steel
• Wood
• Plastic
• Others
Modular Construction Market Segmentation By Module:
• Four-Sided Modules
• Open-Sided Modules
• Partially Open-Sided Modules
• Mixed Modules and Floor Cassettes
• Modules Supported By A Primary Structure
• Others
Modular Construction Market Segmentation By End User:
• Housing
• Commercial
• Healthcare
• Education
• Industrial
By Regions:
• North America
• U.S.
• Canada
• Europe
• UK
• Germany
• Asia Pacific
• China
• India
• Japan
• Latin America
• Brazil
• Mexico
• Others
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Highlights of the report:
• A complete backdrop analysis, which includes an assessment of the parent market
• Important changes in market dynamics
• Market segmentation up to the second or third level
• Historical, current, and projected size of the market from the standpoint of both value and volume
• Reporting and evaluation of recent industry developments
• Market shares and strategies of key players
• Emerging niche segments and regional markets
• An objective assessment of the trajectory of the market
• Recommendations to companies for strengthening their foothold in the market
Report Summary:
The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
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