# Modular Construction Market 2025: Size, Share, Growth Trends, Key Players, and Regional Insights
<h2><strong>Modular Construction Market Overview</strong></h2><p><a href="https://www.fortunebusinessinsights.com/industry-reports/modular-construction-market-101662">Modular Construction Market 2025</a> reflects the growing global demand and increasing competitiveness within the industry, fueled by rapid technological advancements and evolving customer needs. The market continues to evolve across various sectors as companies expand their portfolios and invest in innovation. The Modular Construction market encompasses a diverse range of manufacturers, suppliers, and end-users, contributing to a dynamic ecosystem shaped by regulatory trends, sustainability goals, and digital transformation.</p><blockquote><p><em> The global modular construction market size was USD 89.44 billion in 2024 and the market growth is projected to grow from USD 94.84 billion in 2025 to USD 151.53 billion by 2032, exhibiting a CAGR of 6.9% during the forecast period. The Asia Pacific dominated global market with a share of 45.32% in 2024.</em></p></blockquote><p>The modular construction market is expanding due to growing demand for sustainable, cost-effective, and rapid building solutions. AI-powered design optimization, prefabrication technologies, and 3D printing innovations are driving market growth. As urbanization accelerates, modular construction is emerging as a key solution for efficient infrastructure development.</p><h2><strong>Market Highlights</strong></h2><ul><li>The Modular Construction market is witnessing robust growth, driven by rising demand across multiple industries and ongoing technological innovation.</li><li>Companies are leveraging digital transformation and sustainability initiatives to strengthen their market position and address evolving customer requirements.</li></ul><p><strong>Get Sample Report PDF|</strong><a href="https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/101662">https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/101662</a></p><h2><strong>Modular Construction Market Size</strong></h2><p>The Modular Construction market size is expanding steadily, supported by increasing demand from various industries. In <strong>2024</strong>, the market was valued at approximately <strong>USD 89.44 billion</strong>, reflecting a strong foundation and the growing adoption of advanced technologies and solutions. Sustained growth is anticipated in the coming years, driven by continuous innovation, cost optimization, and an expanding end-user base in both industrial and commercial applications.</p><h2><strong>Modular Construction Market Share</strong></h2><p>Global competition in the Modular Construction market is intense, with both established and emerging players striving for leadership. The market is projected to register a compound annual growth rate (CAGR) of <strong>6.9%</strong> from <strong>2024 to 2032</strong>, propelled by steady expansion and strategic market penetration by key players. Market share leadership is typically achieved through technological innovation, strategic alliances, and broad geographic reach.</p><h2><strong>Modular Construction Market Growth</strong></h2><p>The Modular Construction market demonstrates strong growth prospects and is expected to reach approximately <strong>USD 151.53 billion by 2032</strong>. This positive trajectory is driven by increasing industrial demand, supportive government measures, and rising investments in research and development. Key global trends—including automation, sustainability, digital integration, and the emergence of new economies—are playing a pivotal role in shaping market growth.</p><p>To gain deeper insights tailored to your business needs or to discuss how these market trends can impact your organization, we invite you to <strong>book a call with our industry experts</strong>. Our team is ready to provide personalized guidance, answer your specific questions, and help you identify strategic opportunities in the Modular Construction market. Schedule your consultation today to stay ahead in this rapidly evolving industry.</p><p><strong><a href="https://www.fortunebusinessinsights.com/enquiry/book-a-call/101662">Book a Free 30 Minutes Call</a></strong></p><h2><strong>Modular Construction Market Top Companies</strong></h2><p>Some of the leading companies operating in the Modular Construction market include:</p><p><ul><li>Guerdon Modular Buildings (U.S.)</li><li>Laing O'Rourke (U.K.)</li><li>ATCO (Canada)</li><li>Red Sea International Company (Saudi Arabia)</li><li>Bouygues Construction (France)</li><li>VINCI Construction Grands Projets (U.K.)</li><li>Skanska AB (Sweden)</li><li>Algeco (U.K.)</li><li>KLEUSBERG GmbH & Co. KG (Germany)</li><li>Katerra (U.S.)</li><li>Lendlease Corporation (Australia)</li></ul></p><p>These organizations are focused on product innovation, mergers and acquisitions, regional expansion, and strategic partnerships to enhance their competitive position in the global market.</p><h2><strong>Modular Construction Market Development</strong></h2><p>The Modular Construction market is being shaped by several key trends that are transforming industry dynamics, including:</p><p><ul><li>SG Blocks Inc., a designer and fabricator of modern modular blocks, partnered with ATCO Structures. Through this partnership, both companies contribute to the national modular fleet rollout in the U.S.</li><li>Modulaire Group, a global provider of modular spaces and business areas, acquired Procomm Site Service Ltd., which provides portable, modular accommodation in Europe. Through this acquisition, Modulaire group can strengthen its market position in the European market.</li><li>Etex Group has announced acquiring a majority stake in e-Loft. This French offsite construction company offers solutions in three modular domains: single-family modular homes, modular multifamily residential complexes, and 3D wood technology-based custom-designed buildings. This acquisition is expected to boost Etex Group's modular construction business.</li><li>Balfour Beatty has acquired two residential community developments, Retreat at Schillinger in Schillinger, Alabama, and Paces Brook in Columbia, South Carolina, in a multifamily property deal with ApexOne Investment Partners, adding 530 residential units to the company's multifamily portfolio.</li><li>Algeco Group, a global service provider in modular and prefabricated construction, acquired Wexus Group AS, a modular space rental service provider. Through this partnership, Algeco Group extended its footprints in Nordic countries.</li></ul></p><p>These trends are enabling businesses to improve operational efficiency and implement future-proof solutions.</p><h2><strong>Modular Construction Market Drivers and Restraints</strong></h2><p><ul><li><strong>Drivers:</strong><ul><li>Growing demand for faster construction timelines and reduced labor costs in the building industry.</li><li>Increased focus on sustainability and energy efficiency, with modular construction offering eco-friendly solutions.</li></ul></li><li><strong>Restraints:</strong><ul><li>Challenges related to financing and investment in modular construction projects compared to traditional methods.</li><li>Regulatory hurdles and building codes that may not fully accommodate modular designs and processes.</li></ul></li></ul></p><h2><strong>Modular Construction Market by Region</strong></h2><p>Geographically, the Modular Construction market is dominated by:</p><ul><li><strong>North America:</strong> Driven by early adoption of advanced technologies and the presence of major manufacturers.</li><li><strong>Asia Pacific:</strong> Fueled by rapid industrialization and infrastructure growth in countries such as China, India, and South Korea.</li><li><strong>Europe:</strong> Supported by strong regulatory policies, R&D investments, and innovation centers.</li></ul><p>While these regions contribute significantly to global market revenue, emerging markets in Latin America, the Middle East, and Africa are also expected to experience substantial growth during the forecast period.</p><h4><strong>About Fortune Business Insights™</strong></h4><p>Fortune Business Insights™ provides trusted market intelligence and forward-looking analysis to help organizations of all sizes make strategic business decisions. Our insights, based on deep research, empower clients to address industry-specific challenges and capitalize on new opportunities with confidence.</p>
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