# Modular Construction Market Size, Share & Growth Forecast, 2032
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<p>Report provides detailed overview of <a href="https://www.fortunebusinessinsights.com/industry-reports/modular-construction-market-101662">Global Modular Construction Market 2025</a>: Modular Construction Market Size was estimated at USD 84.63 billion in 2023. The Modular Construction Market growth is expected to USD 151.48 billion in 2032 exhibiting a CAGR of 6.8% during the forecast period. This report serves as a valuable resource for industry players, helping them make informed decisions and stay ahead of the competition in a rapidly evolving market landscape. With its comprehensive coverage and actionable insights, the Modular Construction Market Report offers unparalleled opportunities for growth and success in the industry.</p><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><p><strong>List of top Modular Construction Companies:</strong></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>The Modular Construction Market Report presents a detailed analysis of trends, drivers, and challenges within the industry. It includes thorough insights into market segmentation by product type, application, and geography. It also investigates consumer behavior and preferences that affect market dynamics. Forecasts for market size and growth potential in the upcoming years are included, backed by quantitative data. It also addresses regulatory factors and technological advancements influencing the market, making this report a valuable resource for stakeholders looking to make informed business decisions.</p><p><strong>Key Industry Developments:</strong></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>The report also considers the impact of external factors, such as mergers and acquisitions, emerging market trends, the COVID-19 pandemic, and geopolitical conflicts, on the Modular Construction market. This in-depth analysis makes the report an indispensable resource for industry stakeholders, including investors, researchers, consultants, business strategists, and those seeking to enter the market.</p><h3><strong>Key questions are answered in this report:</strong></h3><p><ul><li><p><strong>What is the current size and projected growth of the modular construction market?</strong></p><ul><li>The global modular construction market was valued at USD 84.63 billion in 2023 and is projected to grow from USD 89.64 billion in 2024 to USD 151.48 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 6.8% during the forecast period.</li></ul></li><li><p><strong>What are the main drivers contributing to the growth of the modular construction market?</strong></p><ul><li>Key drivers of the modular construction market include the increasing demand for cost-effective and efficient construction solutions, the growing focus on sustainability, and the need for quicker project delivery times. Additionally, advancements in technology and materials are enhancing the appeal of modular construction.</li></ul></li><li><p><strong>Who are the prominent players in the modular construction market?</strong></p><ul><li>Major companies operating in the modular construction market include Guerdon Modular Buildings (U.S.), Laing O'Rourke (U.K.), ATCO (Canada), Red Sea International Company (Saudi Arabia), Bouygues Construction (France), VINCI Construction Grands Projets (U.K.), Skanska AB (Sweden), Algeco (U.K.), KLEUSBERG GmbH & Co. KG (Germany), Katerra (U.S.), and Lendlease Corporation (Australia).</li></ul></li><li><p><strong>How is the modular construction market segmented by region?</strong></p><ul><li>The modular construction market is segmented into various regions, including North America (U.S. and Canada), Europe (U.K., Germany, France, Italy, Spain, and the rest of Europe), Asia Pacific (China, India, Japan, Australia, Southeast Asia, and the rest of Asia Pacific), Middle East & Africa (GCC, South Africa, and the rest of the region), and South America (Brazil, Mexico, and the rest of LATAM).</li></ul></li><li><p><strong>What are the typical applications of modular construction?</strong></p><ul><li>Modular construction is commonly used for various applications, including residential buildings, commercial structures, educational facilities, healthcare centers, and industrial projects. Its adaptability and efficiency make it suitable for a wide range of construction needs.</li></ul></li></ul></p><p>The market research report is structured to provide a comprehensive analysis of the industry landscape, offering valuable insights for stakeholders. It begins with an Executive Summary, which presents a concise Market Overview, highlighting Key Findings and delivering a Market Size & Growth Forecast. This section also includes a brief Competitive Landscape Overview, outlining the current market players and their standings.</p><p><strong>Related Reports:</strong></p><p><p><a href="https://www.newsnetmedia.com/story/52232284/feed-mixer-market-share-2025-industry-size-trends-and-forecast-2032">Feed Mixer Market</a> 2025 Key Drivers, Industry Size & Trends and Forecasts to 2032</p><p><a href="https://www.newsnetmedia.com/story/52232283/automated-forklift-trucks-market-share-2025-industry-size-trends-and-forecast-2032">Automated Forklift Trucks Market</a> 2025 Data Current and Future Trends, Revenue, Business Growth Forecast to 2032</p><p><a href="https://www.newsnetmedia.com/story/52232275/cross-roller-bearings-market-share-2025-industry-size-trends-and-forecast-2032">Cross Roller Bearings Market</a> 2025 Latest Industry Size, Growth, Demand, Trends Forecasts to 2032</p><p><a href="https://www.newsnetmedia.com/story/52232282/virtual-reality-in-manufacturing-market-share-2025-industry-size-trends-and-forecast-2032">Virtual Reality in Manufacturing Industry</a> 2025 Size, Trends Outlook, Geographical Segmentation Forecasts to 2032</p><p><a href="https://www.newsnetmedia.com/story/52232281/filling-machine-market-share-2025-industry-size-trends-and-forecast-2032">Filling Machine Market</a> 2025 Size, Gross Margin, Trends, Future Demand, Analysis by Top Leading Players and Forecast till 2032</p><p><a href="https://www.newsnetmedia.com/story/52232280/concrete-pump-market-share-2025-industry-size-trends-and-forecast-2032">Concrete Pump Market</a> 2025 Key Drivers, Industry Size & Trends and Forecasts to 2032</p><p><a href="https://www.newsnetmedia.com/story/52232279/bakery-processing-equipment-market-share-2025-industry-size-trends-and-forecast-2032">Bakery Processing Equipment Market</a> 2025 Data Current and Future Trends, Revenue, Business Growth Forecast to 2032</p><p><a href="https://www.newsnetmedia.com/story/52232278/welding-consumables-market-share-2025-industry-size-trends-and-forecast-2032">Welding Consumables Market</a> 2025 Latest Industry Size, Growth, Demand, Trends Forecasts to 2032</p><p><a href="https://www.newsnetmedia.com/story/52232277/woodworking-machinery-market-share-2025-industry-size-trends-and-forecast-2032">Woodworking Machinery Market</a> 2025 Size, Trends Outlook, Geographical Segmentation Forecasts to 2032</p><p><a href="https://www.newsnetmedia.com/story/52232276/whipped-cream-dispenser-market-share-2025-industry-size-trends-and-forecast-2032">Whipped Cream Dispenser Market</a> 2025 Size, Gross Margin, Trends, Future Demand, Analysis by Top Leading Players and Forecast till 2032</p></p><h3><strong>About Us</strong></h3><p>Fortune Business Insights™ provides expert corporate analysis and accurate market data to help businesses of all sizes make informed decisions. 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