Global Modular Construction Industry

Global Modular Construction Industry

  • April 2021 •
  • 278 pages •
  • Report ID: 5957421 •
  • Format: PDF
Abstract:
- Global Modular Construction Market to Reach $141.4 Billion by 2027
- Amid the COVID-19 crisis, the global market for Modular Construction estimated at US$95.1 Billion in the year 2020, is projected to reach a revised size of US$141.4 Billion by 2027, growing at aCAGR of 5.8% over the period 2020-2027. Permanent, one of the segments analyzed in the report, is projected to record 4% CAGR and reach US$49.4 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Relocatable segment is readjusted to a revised 6.9% CAGR for the next 7-year period.
- The U.S. Market is Estimated at $27.5 Billion, While China is Forecast to Grow at 9.1% CAGR
- The Modular Construction market in the U.S. is estimated at US$27.5 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$25.9 Billion by the year 2027 trailing a CAGR of 9.1% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.2% and 5.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.7% CAGR.

- Select Competitors (Total 38 Featured) -
  • Algeco Scotsman, Inc.
  • Alta-Fab Structures Ltd.
  • Art’s Way Manufacturing Co., Inc.
  • ATCO Ltd.
  • Bouygues Construction
  • CIMC Modular Building Systems Holdings Co. Ltd.
  • Clayton Building Solutions
  • DuBox
  • Fleetwood Australia
  • Guerdon Enterprises LLC
  • Hickory Group
  • Horizon North Logistics Inc.
  • J.D. Irving
  • KEF Kattera
  • KLEUSBERG GmbH & Co. KG
  • KOMA Modular s.r.o.
  • Kwikspace Modular Buildings
  • Laing O’rourke
  • Lendlease Corporation Limited
  • Modular Space Corporation
  • Nrb Inc.
  • Red Sea Housing Services
  • Skanska AB
  • Vinci
  • Wernick Group (Holdings) Ltd.
  • Westchester Modular Homes Inc.