openPR Logo
Press release

Detailed Study of Modular Construction Market expecting 5.95% CAGR| 2017-2023

12-01-2017 05:34 PM CET | Industry, Real Estate & Construction

Press release from: Market Research (MRFR) Future Reports

Detailed Study of Modular Construction Market expecting 5.95%

Market Highlights:
Modular construction is the process in which prefabricated building or modules are delivered to site and assembled as substantial elements of a building. These modular units may build fully or semi rooms. It is widely used across applications such as residential, commercial, and infrastructure construction. Increasing FDI in construction in Asia-Pacific region, rise of pop ups, and supportive government regulations and policies are the factors driving the market of modular construction across the globe. The rise in FDI inflows was more prominent in developed economies, due to the increased need for construction owing to rapid urbanization and increasing disposable.

Market Research Analysis:
On the basis of application, residential accounted for the largest market share of 47.00% in 2016, with a market value of USD 48.9 Million. It is the highest growing segment in global modular construction market due to the increasing population and urbanization. There is seen a shift in the population in the urbanized areas, especially in developing nations. This transition leads to the increasing demand for homes and residential complexes. Commercial was the second-largest market in 2016, valued at USD 38.5 Million in 2016. Governments are now focusing to develop better infrastructure (heavy civil works such as rail, road, dams, irrigation canals, etc.) for a greater nation and betterment of the public. These collective factors are leading to the growth of the market.
On the basis of construction, relocatable modular accounted segment for the largest market share of 73.20% in 2016, with a market value of USD 76.1 Million and is projected to grow at the highest CAGR of 6.61% during the forecast period.

Request a sample @ https://www.marketresearchfuture.com/sample_request/1682

Scope of the Report:
This study provides an overview of the global modular construction market, tracking four market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next six years for each region. The scope of the study segments the global modular construction market by its material, product, application and region.

Global Modular Construction Market, By Material:
• Steel
• Concrete
• Wood
• Plastic
• Others
Global Modular Construction Market, By Construction:
• Permanent Modular
• Relocatable Modular Concrete
Global Modular Construction Market, By Product:
• Walls
• Roofs & Floors
• Columns & beams
• Others
Global Modular Construction Market, By Application:
• Commercial
• Residential
• Industrial

Key Players:
The prominent players in the modular construction include ACS Group (Spain), Skanska AB (Sweden), Komatsu Ltd (Japan), L&T (India), Balfour Beatty Plc. (U.K.), Kiewit Corporation (U.S.), Taisei Corporation (Japan), Red Sea Housing Services (Saudi Arabia), System House R & C Co. Ltd (Japan), Bouygues Construction (France) and others.

Browse report @ https://www.marketresearchfuture.com/reports/modular-construction-market-1682

About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Contact:
Market Research Future
Office No. 524/528, Amanora Chambers
Magarpatta Road, Hadapsar
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Detailed Study of Modular Construction Market expecting 5.95% CAGR| 2017-2023 here

News-ID: 841965 • Views:

More Releases from Market Research (MRFR) Future Reports

CNC Metal Cutting Machine Tools Market Growth and Share with Developed Economies by 2030 | DMG MORI CO. LTD, JTEKT CORPORATION, Komatsu Ltd
CNC Metal Cutting Machine Tools Market Growth and Share with Developed Economies …
Market Overview The global power dynamics and the factors influencing them are responsible for the market dynamics of the CNC Metal Cutting Machine Tools Market. More countries are willing to spend an enhanced amount on manpower and sum on the manufacturing and production of aerospace and defense products. This has provided the market with a potential growth base at the global level. The increased use of metals in electronics, as well
Sterilized Packaging Market forecast and Set for Robust Growth During 2022-2030 & Covid-19 Analysis
Sterilized Packaging Market forecast and Set for Robust Growth During 2022-2030 …
Market Synopsis: As per Market Research Future (MRFR)'s report, the global sterilized packaging market is expected to scale a decent value striking a steady CAGR over the forecast period. Packaging has gained quick mileage in recent years. The developments in packaging technology are likely to unleash tremendous developmental opportunities for the market players over the next couple of years. The growing need for preserving the integrity of pharmaceuticals is the major factor
N-Vinylformamide Market Share Recent Developments and Business Outlook 2022-2030
N-Vinylformamide Market Share Recent Developments and Business Outlook 2022-2030
N-Vinylformamide Market Share The global N-Vinylformamide Market Share is predicted to grow at a healthy CAGR between 2016- 2023, reveals the new Market Research Future (MRFR) report. N-vinyl formamide (C 3 H 5 NO) is a water-soluble polymer. It is colorless and easily dissolves in popular solvents like chloroform, methanol, and ethanol. Besides, it is a precursor to amide and amine functional polymers as well as other functional polymers, monomers, and
India Rice Milling Market 2022 : Global Trend, Gross Earning and Emerging Growth Opportunity by 2030
India Rice Milling Market 2022 : Global Trend, Gross Earning and Emerging Growth …
Market Overview The market price of the Indian rice milling market is projected to reach USD 392.6 million and a CAGR of 3.51% in the forecast period from 2022 - 2030. Rice is one of the most demanded food grains in Indian agriculture and the main source of revenue for farmers. The need for rice processing equipment has increased across the country due to India's expanding rice cultivating sector. The number of

All 5 Releases


More Releases for Modular

Exclusive Report on Multifamily Modular Construction Industry: Market Size will …
The "Global Multifamily Modular Construction Market" research report represents major insights on the current growth dynamics as well as the primary revenue generation elements that are available in the Multifamily Modular Construction industry along with various other factors over the predicted period 2022-2029. The report on the Multifamily Modular Construction market is focusing on a series of parameters including top manufacturing strategies, industry share, prime opportunities, industrial channel, profit margin,
Multifamily Modular Construction Market Size, Share, Analysis, Industry Report, …
This comprehensive report on the Multifamily Modular Construction Market provides real information about the statistics and state of the global and regional market. Its scope study extends from the market situation to comparative pricing between the main players, spending in specific market areas, and profits. It represents a comprehensive and succinct analysis report of the main competitor and price statistics with a view to helping beginners establish their place and
Multifamily Modular Construction Market Growth Insights: 2022, Business Developm …
The latest report published by SMI indicates that the "Multifamily Modular Construction Market" is expected to reach a high pace in the coming years. Analysts studied market growth drivers, restraints, challenges, and openings in the global market. The report shows the likely direction of the market in the coming years as well as its estimates. The Multifamily Modular Construction market research report helps in gaining a truly global perspective of
Modular Building: Market Inside Story – Check Which Players Focusing on Improv …
Modular Building Market 2021 this report is including with the COVID19 Outbreak Impact analysis of key points influencing the growth of the market. Also, Modular Building Market (By major key players, By Types, By Applications, and Leading Regions) Segments outlook, Business assessment, Competition scenario, Trends and Forecast by Upcoming Year's. The study of the Modular Building report is done based on the significant research methodology that provides the analytical inspection
Multifamily Modular Construction Market 2020-2026 | In Depth Analysis with Top K …
The research report on the Multifamily Modular Construction Market is a deep analysis of the market. This is a latest report, covering the current COVID-19 impact on the market. The pandemic of Coronavirus (COVID-19) has affected every aspect of life globally. This has brought along several changes in market conditions. The rapidly changing market scenario and initial and future assessment of the impact is covered in the report. Experts have
Raise Business with Multifamily Modular Construction Market 2018-2023: Global To …
The report on Multifamily Modular Construction study research on the revenue, opportunities prospective and constraints to the development of the market will help the new contestants in planning their business strategies. The Multifamily Modular Construction has emerging Market study works as a enhance for all business owners trying to identify the exact size of revenue in a specific geographic location. Increasing the demand on modern construction techniques, subsequently creating growth