Modular Construction Market Growth, Trends & Opportunities 2025 | Top key players - Bouygues Construction, Algeco Scotsman, Laing O'rourke.

The Global Modular Construction Market reached USD 91.1 billion in 2022 and is expected to reach USD 121.4 billion by 2031 growing with a CAGR of 5.7% during the forecast period 2024-2031.

The Modular Construction Market, as examined in the DataM Intelligence study, offers a comprehensive overview of the industry, enriched with in-depth insights, historical data, and key statistics. The report provides a thorough analysis of market dynamics, competitive strategies, and leading players, detailing their product offerings, pricing models, financial performance, expansion strategies, and regional presence.

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The Modular Construction Market involves the process of building structures using prefabricated sections or modules, manufactured off-site and then assembled on-site. This method enhances construction speed, reduces waste, and improves quality control. Widely used in residential, commercial, and industrial projects, modular construction supports sustainability and cost-efficiency, making it a growing trend in modern construction practices.

Key Development

In October 2022, Balfour Beatty, a UK-based international infrastructure group, announced that Top Oasis Limited awarded a USD 0.17 million contract to its 50:50 joint venture, Gammon, for the construction of a residential development in Yau Tong, Hong Kong.

In April 2021, Kitchens To Go, a leading provider of short-term and long-term modular solutions for food service operators, was acquired by McGrath RentCorp. This acquisition enables McGrath RentCorp's Mobile Modular subsidiary to offer customized temporary and permanent food service facilities nationwide.

Major Players Shaping the Modular Construction Market:

The prominent players in Modular Construction market research report are: Bouygues Construction, Algeco Scotsman, Laing O'rourke, Cimc Modular Building Systems Holding, Red Sea Housing, Kleusberg GmbH & Co. Kg, Kwikspace Modular Buildings, Westchester Modular Homes, Koma Modular and Skanska AB.

The companies are primarily focusing on strategies such as new product launches to penetrate the fastest-growing emerging markets across the world.

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Market Segments

By Material: Wood, Plastic, Steel, Precast Concrete.

By Type: Relocatable Modular Concrete, Commercial Permanent Modular.

By End User: Healthcare, Housing, Industrial, Education, Others.

The Modular Construction industry is experiencing rapid growth, driven by advancements in medical technologies, increased demand for innovative therapies, and a rising focus on patient-centered care. As these sectors evolve, the need for comprehensive market analysis becomes crucial to understand trends, regulatory changes, and emerging opportunities.

Regions Covered:

The global Modular Construction Market report focuses on six major regions: North America, South America, Europe, Asia Pacific, the Middle East, and Africa.

☞ North America - US, Canada, Mexico

☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe

☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific

☞ South America- Brazil, Argentina, Colombia, Rest of South America

☞ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel

Benefits of the Report:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.

➡ Top-down and bottom-up approach for regional analysis

➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.

➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

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