Modular Construction Market 2021: Soaring Demand Assures Motivated Revenue Share by 2025 | Analysis by Komatsu, Kiewit, Taisei, Balfour Beatty, ACS Group, Bouygues Construction, KEF Infra

Global Modular Construction Market Synopsis:

The exclusive research report on the Global Modular Construction Market 2021-2025 examines the market in detail along with focusing on significant market dynamics for the key players operating in the market. Global Modular Construction Industry research report offers granulated yet in-depth analysis of revenue share, market segments, revenue estimates and various regions across the globe.

The most important key factors driving the growth of the Global Modular Construction Market are rapid growth in demand for affordable housing coupled with increasing investments in the development of healthcare, commercial infrastructure (translating to a large number of new construction projects), rise in concern towards work-zone safety, need for lower environmental impacts, and supportive government initiatives.

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Significant points in table of contents: Market Definition, Market Overview, Business Introduction, Segmentation (Region Level), Segmentation (Type Level), Segmentation (Industry Level), Segmentation (Channel Level), Market Forecast Year, Segmentation Type, Segmentation Industry, Market Cost Analysis, and Conclusion. The Modular Construction Market is segmented based on Product, source, application and Regions. On the basis of product, the market is sub-segmented.

Regionally, North America and Europe holds major share in Global Modular Construction Market. Moreover, Asia-Pacific is expected to record higher growth rate in Modular Construction market during the forecast year.

Top Major Key Players in the Global Modular Construction Market:

1 Komatsu Ltd

2 Kiewit Corporation

3 Skanska AB Larsen & Toubro Limited

4 Taisei Corporation

5 Balfour Beatty PLC

6 ACS Group

7 Bouygues Construction

8 Guerdon Modular Buildings

9 JL Modular, Inc

10 KEF Infra

11 Laing O’Rourke

12 System House

13 Red Sea Housing Services

14 Palomar Modular Buildings

15 Julius Berge and More………………….

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Product Type Segmentation

1 Permanent Modular

2 Relocatable Modular

Industry Segmentation

1 Commercial

2 Residential

3 Industrial

International Business News:

Komatsu (January 12, 2021) - Komatsu announces closure of Bluefield plant-Company shifting work to other U.S. facilities to adjust capacity to demand - To adjust its manufacturing operations to needed capacity and optimize its global footprint, Komatsu today announced it is closing its manufacturing plant in Bluefield, Virginia, and shifting that work to three other facilities in the company’s U.S. network.

“These are truly unprecedented times and as a company we have had to adapt as best we can, working to balance capacity to demand,” said Peter Salditt, president of underground mining. “We have a long history in Bluefield and this was a very difficult decision that we are sad to make. The contributions of everyone who worked there, past and present, will always be a proud part of our history and we are working to support affected employees during this difficult time.” 

The company plans to meet with bargaining unit representatives to discuss options for employees impacted by the closure. The company announced the decision to employees today and is committed to keeping them informed throughout the process.

Production work to support the company’s Joy continuous miner products for underground mining will immediately shift to Komatsu facilities in Duffield, Virginia; Lebanon, Kentucky; and Homer City, Pennsylvania. The company does not foresee any delays in production or impact on customer deliveries as a result of this change, and Komatsu team members are working to provide a smooth transition for customers.

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Major Points in Table of Contents:

Global Modular Construction Market Report 2021

1 Modular Construction Definition

2 Global Modular Construction Market Major Player Share and Market Overview

2.1 Global Major Player Modular Construction Business Revenue

2.2 Global Modular Construction Market Overview

3 Major Player Modular Construction Business Introduction

3.1 Komatsu Ltd Modular Construction Business Introduction

3.2 Kiewit Corporation Modular Construction Business Introduction

3.3 Skanska AB Larsen & Toubro Limited Modular Construction Business Introduction

3.4 Taisei Corporation Modular Construction Business Introduction

3.5 Balfour Beatty PLC Modular Construction Business Introduction

3.6 ACS Group Modular Construction Business Introduction

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