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Modular Construction Market Latest Trends, Demand Advancement 2018 to 2027

Press release   •   Jul 10, 2019 12:27 IST

Modular Construction Market

Buildings are produced in modules and are then put together which reflect identical to the design intent of that particular building. Modular constructions encompass various advantages over the conventional construction processes that include reduced costs and construction schedule, greater flexibility and reuse-ability, less wastage of materials, elimination of weather delays, and improved air quality.

High level of urbanization, especially in the developing economies coupled with rising pollution levels, is one of the major driving factors for the modular construction market. Lesser awareness and social barriers are the major restraining factors to the growth of modular construction market. Various environmental legislations coupled with Government funding and support for modular constructions in densely populated areas across the globe is anticipated to provide larger opportunities for the players operating in the modular construction market. 

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The key players influencing the market are ACS Group, Komatsu Ltd., Bouygues Construction, Kiewit Corporation, and Laing O'Rourke. Also, Skanska AB, ATCO, Balfour Beatty Plc., Taisei Corporation, and System House R & C Co. Ltd. are a few other important players in the modular construction market.

This report contains:

  • Market sizing for the global Modular Construction Market.
  • Compare major Modular Construction providers strategies and approaches to the challenges they face
  • Analysis of the effects deglobalisation trends may have for Modular Construction providers
  • Profiles of major Modular Construction providers
  • 7-year CAGR forecasts for Modular Construction -intensive vertical sectors

Modular Construction Market - Global Analysis to 2027 is an expert compiled study which provides a holistic view of the market covering current trends and future scope with respect to product/service, the report also covers competitive analysis to understand the presence of key vendors in the companies by analyzing their product/services, key financial facts, details SWOT analysis and key development in last three years. Further chapter such as industry landscape and competitive landscape provides the reader with recent company level insights covering mergers and acquisitions, joint ventures, collaborations, new product developments/strategies taking place across the ecosystem. The chapters also evaluate the key vendors by mapping all the relevant products and services to exhibit the ranking/ position of top 5 key vendors.

Modular Construction Market is a combination of qualitative as well as quantitative analysis which can be broken down into 40% and 60% respectively. Market estimation and forecasts are presented in the report for the overall global market from 2018 – 2027, considering 2018 as the base year and 2018 – 2027 forecast period. Global estimation is further broken down by segments and geographies such as North America, Europe, Asia-Pacific, Middle East & Africa and South America covering major 16 countries across the mentioned regions. The qualitative contents for geographical analysis will cover market trends in each region and country which includes highlights of the key players operating in the respective region/country, PEST analysis of each region which includes political, economic, social and technological factors influencing the growth of the market.

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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Media, Healthcare and Telecommunication industries.

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