Modular Construction Market Estimated to Witness High Growth Owing...

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2023-11-10 09:43:19 -

Modular Construction Market Estimated to Witness High Growth Owing to Increasing Demand for Cost-Effective and Time-Efficient Construction Methods

The modular construction market is estimated to be valued at US$ 84.48 Bn in 2023 and is expected to exhibit a CAGR of 6.5% over the forecast period from 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.Market OverviewModular construction refers to a process in which a building is constructed or assembled using prefabricated modular building components. These...

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