Modular Construction Market Projected to Reach US$144.8 Billion Globally by 2030
Wednesday, March 20, 2024
DUBLIN, March 12, 2024 /PRNewswire/ -- The "Modular Construction: Global Strategic Business Report" has been added to ResearchAndMarkets.com's offering.
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The global market for Modular Construction estimated at US$100.7 Billion in the year 2022, is projected to reach a revised size of US$144.8 Billion by 2030, growing at a CAGR of 4.7% over the analysis period 2022-2030.
Permanent Modular Construction, one of the segments analyzed in the report, is projected to record 5% CAGR and reach US$90 Billion by the end of the analysis period. Growth in the Relocatable Modular Construction segment is estimated at 4.2% CAGR for the next 8-year period.
The Modular Construction market in the U.S. is estimated at US$27 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$31.6 Billion by the year 2030 trailing a CAGR of 7.1% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.4% and 4.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.7% CAGR.
Report Scope:
-- Special discussions on the global economic climate and market sentiment
-- Coverage on global competitiveness and key competitor percentage market
shares
-- Market presence analysis across multiple geographies -
Strong/Active/Niche/Trivial
-- Online interactive peer-to-peer collaborative bespoke updates
-- Access to digital archives and research platform
-- Complimentary updates for one year
-- Access to curated YouTube video transcripts of market sentiments shared
by CEOs, domain experts and market influencers via interviews, podcasts,
press statements and event keynotes
Company Coverage:
-- 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.
For more information about this report visit https://www.researchandmarkets.com/r/eb0xuh
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ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
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SOURCE Research and Markets
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