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Modular Construction Market Size 2019 – Industry Analysis by Types, Applications, Key Players, and leading Countries Forecast to 2024

Modular Construction

The “Modular Construction Market” report 2019 delivers up-to-date information about market changes and prospective threats, as well as in-depth knowledge of products and services, which can help in planning and in executing category management activities. Moreover, it focuses on the cost-saving aspects of procurement and on providing insights that can lead to optimization of category spend.

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Market Overview:

  • The modular construction market is expected to register a CAGR of 8.16% during the forecast period, 2019 – 2024. Increasing demand from the construction industries in the countries of Asia-Pacific, is driving the demand for the modular construction market. However, shortage of skilled labor across the industry is set to stunt the growth of the market during the forecast period.
  • – Time and cost-effective method of construction is expected to drive the demand for the market during the forecast period.
  • – Recovering construction industry in Europe is projected to act as an opportunity for the market in future.<

    Top Key Players of Modular Construction Market Are:

  • ACS Actividades de Construcción y Servicios S.A.
  • Balfour Beatty Plc
  • Bouygues Construction
  • Guerdon Enterprises, LLC
  • JL Modular, Inc.
  • Julius Berger Nigeria Plc
  • KEF Infra
  • Kiewit Corporation
  • Laing O’Rourke
  • Palomar Modular Buildings
  • Red Sea Housing Services
  • Larsen & Toubro Limited
  • System House R & C Co. Ltd.
  • Taisei Corporation

    Reasons to buy:

    • In-depth analysis of the market on the global and regional level.
    • Major changes in market dynamics and competitive landscape.
    • Segmentation on the basis of type, application, geography and others.
    • Historical and future market research in terms of size, share, growth, volume & sales.
    • Major changes and assessment in market dynamics & developments.
    • Industry size & share analysis with industry growth and trends.
    • Emerging key segments and regions
    • Key business strategies by major market players and their key methods.
    • The research report covers size, share, trends and growth analysis of the Modular Construction Market on the global and regional level.

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    Scope of the Report:

  • This report studies the global Modular Construction market size, industry status and forecast, competition landscape and growth opportunity.

    Modular Construction market covers the outlook for overall market status, size and share. The report provides complete coverage on major industry drivers, restraints, and their impact on market growth during the forecast period. Modular Construction market report also presents the market competition landscape and a corresponding detailed analysis of the major vendor in the market. 

    Key Market Trends:

    Relocatable Modular Construction – A Huge Market Potential

    – A relocatable building is a partially- or completely-assembled building that complies with applicable codes and state regulations, and is constructed in a building manufacturing facility, using a modular construction technique.
    – Relocatable modular buildings are designed to be reused or repurposed multiple times and transported to different sites. Some owners or manufacturers provide lease for such relocatable modular building services, as per the consumers’ requirements for office expansion, auditorium space, and medical facilities, in a short-term agreement.
    – Consumers served by relocatable modular buildings include state, provincial, and local governments, non-profit organizations, corporations, school boards, health care providers, retail establishments, as well as individuals, partnerships, and sole proprietorships. School districts, across North America, are the largest owners of relocatable classrooms buildings.
    – These factors are leading to the increasing demand in the modular construction market throughout the study period.

    Asia-Pacific to Dominate the Market

    Asia-Pacific holds the largest share of the market worldwide, and China alone has more than 7,000 indigenous dedicated players. The rapid increase in population in the regions of China and India is expected to give a rise in modular construction activity. The key areas of expected growth are social infrastructure, schools, hospitals, government accommodation, water, defense infrastructure, and water resources. Singapore has mandated elements of prefabricated, pre-finished, and volumetric construction (PPVC) for all projects on government land. The government backs this with subsidies for companies that participate with the aim of increasing and standardizing modern methods of construction (MMC) in the country. All such factors are increasing the demand for modular construction in the Asia-pacific region.

    Modular Construction Market Report contents include:

    – Analysis of the Modular Construction market including revenues, future growth, market outlook

    – Historical data and forecast

    – Regional analysis including growth estimates

    – Analyzes the end user markets including growth estimates.

    – Profiles on Modular Construction including products, sales/revenues, and market position

    – Market structure, market drivers and restraints.

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    Detailed TOC of Modular Construction Market Report Are:

    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study



    4.1 Market Overview
    4.2 Introduction to Market Drivers and Restraints
    4.3 Market Drivers
    4.3.1 Increasing Demand from Construction Industries in the Countries of Asia-Pacific
    4.3.2 Time & Cost-Effective Method of Construction
    4.4 Market Restraints
    4.5 Value Chain / Supply Chain Analysis
    4.6 Industry Attractiveness – Porter’s Five Force Analysis
    4.6.1 Threat of New Entrants
    4.6.2 Bargaining Power of Buyers/Consumers
    4.6.3 Bargaining Power of Suppliers
    4.6.4 Threat of Substitute Products
    4.6.5 Intensity of Competitive Rivalry

    5.1 Construction
    5.1.1 Permanent Modular
    5.1.2 Relocatable Modular
    5.2 Material
    5.2.1 Steel
    5.2.2 Concrete
    5.2.3 Wood
    5.2.4 Plastic
    5.3 End-user Industry
    5.3.1 Commercial
    5.3.2 Industrial / Institutional
    5.3.3 Residential
    5.4 Geography
    5.4.1 North America US Canada Mexico Rest of North America
    5.4.2 Europe Germany UK France Russia Spain Rest of Europe
    5.4.3 Asia Pacific China Japan India South Korea Rest of Asia-Pacific
    5.4.4 South America Brazil Argentina Rest of South America
    5.4.5 Middle East and Africa Saudi Arabia South Africa Rest of Middle East and Africa

    6.1 Vendor Market Share
    6.2 Mergers & Acquisitions
    6.3 Company Profiles
    6.3.1 ACS Actividades de Construcción y Servicios S.A.
    6.3.2 Balfour Beatty Plc
    6.3.3 Bouygues Construction
    6.3.4 Guerdon Enterprises, LLC
    6.3.5 JL Modular, Inc.
    6.3.6 Julius Berger Nigeria Plc
    6.3.7 KEF Infra
    6.3.8 Kiewit Corporation
    6.3.9 Laing O’Rourke
    6.3.10 Palomar Modular Buildings
    6.3.11 Red Sea Housing Services
    6.3.12 Larsen & Toubro Limited
    6.3.13 System House R & C Co. Ltd.
    6.3.14 Taisei Corporation


    8 Recovering Construction Industry in Europe


    Contact Us:

    Name: Ajay More

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    Email: [email protected]

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