1. Market Research
  2. > Construction Market Trends
Global Modular Construction Market Research Report - Forecast to 2023

Global Modular Construction Market Research Report - Forecast to 2023

  • December 2017
  • 147 pages
  • ID: 5376942

Summary

Table of Contents

Search Inside

Market Scenario

Modular construction is the type of prefabricated construction that involves major structures or components of construction built off-site generally at factories to be erected later on site on concrete foundation. The modular construction market is driven by various factors such as increasing FDI in construction in Asia-Pacific region, rise of pop ups and supportive government regulations and policies. The modular construction market has various constraints that hinder the growth of the market such as mobility and lack of marketing & awareness across the supply chain. The global modular construction market is expected to grow at 5.95% CAGR during the forecast period. In 2016, the market was led by Asia-Pacific region, with a 46.3% share, followed by North America with share of 27.6%.

The modular construction market has been segmented based on material, construction, product and application. On the basis of material, concrete segment accounted for the largest market share of 33.7% in 2016, with a market value of USD 35.1 million and is projected to grow at the highest CAGR of 7.19% during the forecast period. Based on construction, relocatable modular segment accounted for the largest market share of 73.2% in 2016, with a market value of USD 76.1 million and is projected to grow at the highest CAGR of 6.61% during the forecast period. Based on product, roof & floors segment accounted for the largest market share of 41% in 2016, with a market value of USD 42.6 million and is projected to grow at the highest CAGR of 6.69% during the forecast period. Based on application, residential segment accounted for the largest market share of 47% in 2016, with a market value of USD 48.9 million and is projected to grow at the highest CAGR of 6.50% during the forecast period

Regional Analysis
Europe is an important market for the global modular construction. Increasing up gradation of the existing infrastructure, rising environmental concerns and the growing interest in energy saving & cost benefit construction, are the factors driving the growth of the market in European region. Europe accounted for the market share of 15.1% in 2016, with a market value of USD 15.7 million and is projected to grow at a CAGR of 4.90% during the forecast period. North America is the second largest region for the modular construction market. The North America modular construction market is driven by various factors such as consumer preference for green buildings and sustained investments in commercial real estate. The growing popularity of modular & panelised housing also provides the further boost to the market. North America accounted for the market share of 27.6% in 2016, with a market value of USD 28.7 million and is projected to grow at a CAGR of 5.69% during the forecast period

Key Players
The major players operating in this market, who have adopted these strategies are ACS Group (Spain), Skanska AB (Sweden), Komatsu Ltd (Japan), L&T (India), Balfour Beatty Plc. (U.K.), Kiewit Corporation (U.S.), Taisei Corporation (Japan), Red Sea Housing Services (Saudi Arabia), System House R & C Co. Ltd (Japan), Bouygues Construction (France) and others

The report for Modular Construction Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Veronica helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers
Global Copper Industry

Global Copper Industry

  • $ 5600
  • Industry report
  • August 2018
  • by Global Industry Analysts

This report analyzes the worldwide markets for Copper in Metric Tons by the following End-Use Sectors: Building & Construction, Electrical & Electronic, Industrial Machinery & Equipment, Transportation, ...

3D Concrete Printing Market by Offering, Technique, End-use sector and Region - Global Forecast to 2023

3D Concrete Printing Market: Global Forecast until 2023

  • $ 5650
  • Industry report
  • June 2018
  • by MarketsandMarkets

The 3D concrete printing market is projected to grow at a CAGR of 317.3% from 2018 to 2023.The 3D concrete printing market is estimated at USD 1.2 million in 2018 and is projected to reach USD 1,480.5 ...

Structural Health Monitoring Market by Technology, Vertical, Application And Geography - Global Forecast to 2023

Structural Health Monitoring Market: Global Forecast until 2023

  • $ 5650
  • Industry report
  • July 2018
  • by MarketsandMarkets

Structural health monitoring market expected to grow at a CAGR of 17.93% between 2018 and 2023The structural health monitoring market is estimated to grow from USD 1.48 billion in 2018 to USD 3.38 billion ...


ref:plp2017

Reportlinker.com © Copyright 2018. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on