The global modular construction market size is USD 82.30 billion in 2023 and is expected to grow till USD 139.03 billion by 2030, at a Compounded annual growth rate (CAGR) of 6.20%

A comprehensive examination of the recently released research report from Exactitude Consultancy, titled “Global Modular Construction Market Size, Share, Pricing, Trends, Growth, Opportunities, and Forecast 2024-2030” is presented. This study encompasses essential insights into the target market, including projections regarding potential revenue, customer demands, regional assessments, and the principal elements poised to influence the market’s future trajectory. The report offers insights into prominent companies operating in the industry, newcomers to the market, supply chain innovations, financial considerations, noteworthy industry events, technological advancements, and forthcoming strategies, including mergers and acquisitions. To present readers with a holistic perspective of the market, the report categorizes the global Modular Construction market based on criteria such as type, applications, distribution channels, geography, and more.

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Year Considered to Estimate the Market Size:

·         Base Year of the Analysis: 2023

·         Historical Period: 2018-2023

·         Forecast Period: 2024-2030

Competitive Landscape

The Modular Construction market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Modular Construction market.

Leading Key players included in this Report are:

Major players in the Modular Construction Market are identified through secondary research and their market revenues determined through primary and secondary research are: Laing O’Rourke, Red Sea Housing, Atco Ltd., Skanska AB, Kleusberg GmbH. among other domestic.

In October 2019, On the Gold Coast, Queensland, ATCO Structures & Logistics developed a custom-built manufacturing factory and hired yard facility. The cutting-edge facility is the latest in a string of new and contemporary ATCO facilities, which include factories in Perth and Santiago, Chile, and provide the industry’s most sophisticated manufacturing capabilities as well as access to the world’s fastest-growing markets. The new plant will produce schools, libraries, hospitals, construction offices, baby rooms, and athletic amenities, among other modular items.

In December 2019, The COOEC-Fluor Heavy Industries, Co., Ltd. Fabrication yard in Zhuhai, China, has completed the whole module program for the Kuwait Integrated Petroleum Industries Company (KIPIC) Al-Zour project in Kuwait, according to Fluor. COOEC-Fluor achieved this by shipping 188 modules in 20 distinct shipments totaling 65,000 metric tons. In addition, the yard built over 95,000 carbons, alloy, and stainless-steel pipe spools, which will be placed on site by the project team.

Modular Construction Market Segmentation:

Modular Construction Market by Type, 2024-2030 (USD Millions) (Thousand Square Feet)

Permanent

Relocatable

Modular Construction Market by Material, 2024-2030 (USD Millions) (Thousand Square Feet)

Steel

Concrete

Wood

Modular Construction Market by Modules, 2024-2030 (USD Millions) (Thousand Square Feet)

Four-Sided

Open-Sided

Partially Open-Sided

Mixed Modules & Floor Cassettes

Modules Supported By A Primary Structure

Others

Modular Construction Market by End Use Industry, 2024-2030 (USD Millions) (Thousand Square Feet)

Residential

Retail & Commercial

Education

Healthcare

Office

Hospitality

Explore Full Report With Table of Contents:

https://exactitudeconsultancy.com/reports/6197/modular-construction-market/

Regional Outlook:

◘ North America (United States, Canada, and Mexico)

◘ Europe (Germany, France, UK, Russia, and Italy)

◘ Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)

◘ South America (Brazil, Argentina, Colombia, etc.)

◘ The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

Important Features that are under offering & key highlights of the report:

- Detailed overview of Modular Construction market

- Changing market dynamics of the industry

- In-depth market segmentation by Type, Application, etc.

- Historical, current and projected market size in terms of volume and value

- Recent industry trends and developments

- Competitive landscape of Modular Construction market

- Strategies of key players and product offerings

- Potential and niche segments/regions exhibiting promising growth

- A neutral perspective towards Modular Construction market performance

- Market player’s information to sustain and enhance their footprint

Key Benefits:

⏩ This study gives a detailed analysis of drivers, restrains, opportunities and challenges limiting the market expansion of Modular Construction market.

⏩ A descriptive analysis of demand-supply gap, estimation and forecast in the global Modular Construction market.

⏩ 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 Modular Construction Market.

Following are some of the Most Important Questions that are Answered in this Report:

➟ What are the key regulatory frameworks governing significant sectors within the Modular Construction Market?

➟ Which technological advancements are exerting the most significant influence on the projected growth of the global Modular Construction Market?

➟ Who are the leading global enterprises currently exerting significant control over the majority of the Modular Construction Market?

➟ What primary business models are typically employed by the major companies in this market?

➟ What are the pivotal factors expected to impact the global expansion of the Modular Construction Market?

➟ How do major companies operating in the global Modular Construction Market space incorporate crucial strategies?

➟ What are the existing revenue contributions of various product categories in the global Modular Construction Market, and what changes are anticipated in this regard?

Why Choose Exactitude Consultancy’s Market Report?

·         Unbiased conclusions and market insights.

·         24×7 customer service available to address client queries.

·         Highly efficient and experienced team of analysts striving to create top-quality reports.

·         Our reports have facilitated the growth of over 500 companies.

·         The systematic and methodical market research process.

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