Building the Future Faster: How Modular Construction is Revolutionizing Global Infrastructure 2025 | Top key players - Bouygues Construction, Algeco Scotsman, Laing O'rourke.

According to DataM Intelligence, 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. Rising demand for faster, cost-effective building solutions, urbanization, sustainable construction practices, and technological advancements in prefabrication are driving the growth of the global modular construction market.

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The Modular Construction Market involves the design, manufacture, and assembly of building sections (modules) in a controlled factory environment before transporting them to the construction site for installation. This method accelerates project timelines, reduces waste, enhances quality control, and lowers labor costs. It serves diverse sectors, including residential, commercial, healthcare, and education, driving sustainable and efficient building solutions globally.

Modular Construction Market Key Developments in USA:

➠ In mid‐July 2025, the city of Cleveland named four manufacturers as finalists in a modular home project designed to combat the city's affordable housing shortage. Each selected firm will build at least one model home in neighborhoods such as Clark‐Fulton or Buckeye in collaboration with Habitat for Humanity. The project is anchored at a former industrial site the remediated GE Pitney Glass Works location in Collinwood which the city has secured for future modular production using its Site Readiness Fund. A winning manufacturer is expected to be selected by year's end.

➠ In early May 2025, California Polytechnic State University (Cal Poly) in San Luis Obispo unveiled a massive modular dorm project the largest in U.S. history. With a budget of roughly $1.2 billion, the project aims to deliver 4,200 on‐campus housing units by 2030, boosting total capacity to 12,200. The units are being fabricated at FullStack Modular's Carson plant and transported to campus, cutting costs by an estimated 25% and enabling construction 30% faster than traditional methods.

Key Industry players in 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 innovations in medical technology, rising demand for advanced therapies, and a stronger focus on patient-centered care. As the sector progresses, comprehensive market analysis becomes crucial for monitoring emerging trends, regulatory changes, and potential 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

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FAQs:

➠ What are the global figures for sales, production, consumption, imports, and exports in the Modular Construction market?

➠ Who are the key players in the global Modular Construction industry, and what is their operational performance in terms of capacity, output, sales, pricing, costs, and overall revenue?

➠ What opportunities and challenges are vendors facing in the global Modular Construction market?

➠ Which product types or end-user applications are likely to experience the most growth? What is the market share of each segment?

➠ What are the main strategic approaches and limitations influencing the growth of the Modular Construction market?

➠ What are the various sales, marketing, and distribution strategies used across the global Modular Construction industry?

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