+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

Modular Construction Market by Type, Material and End User: Global Opportunity Analysis and Industry Forecast, 2019-2026

  • ID: 5019918
  • Report
  • February 2020
  • Region: Global
  • 234 Pages
  • Allied Analytics LLP

FEATURED COMPANIES

  • Anderco Pte. Ltd.
  • ATCO
  • Giant Containers Inc.
  • Honomobo Corporation
  • Lendlease Corporation
  • SG Blocks Inc.
The global modular construction market size was valued at $114.6 billion in 2018, and is projected to reach $196.2 billion by 2026, growing at a CAGR of 7.1% from 2019 to 2026. Modular construction is a process in which modules are engineered, which are then assembled and shipped on site for construction. Modular construction includes structural arrangement with wall coverings and roof, which consist of beams & columns, rigid frames, and steel plates. These structures have found their extensive application in the construction of residential houses, hostels, office complexes, shopping centers, distribution centers, and retail stores.



Modular constructions are efficient and economical as compared to conventional structures. This is attributed to the fact that modular construction involves high-performance products used for residential and commercial constructions that provide enhanced efficiency, resilience, and versatility, thus meeting the construction requirements and long-term demands of high-performance structures. Factors such as reduced cost and time required for construction and upThe surge in demand for new construction, owing to surge in population and rapid urbanization drive the market growth. However, lack of skilled labor in developing countries hamper the demand for modular construction. On the contrary, increase in investments in infrastructural projects is expected to offer lucrative growth opportunities for the market player during forecast period.

The global modular construction market is segmented into type, material, end user, and region. By type, the market is bifurcated into permanent and re-locatable. Among these, the permanent segment garners the largest share in 2018, however, the re-locatable segment is expected to grow at a significant rate during the forecast period.

On the basis of a material, the market is divided into steel, wood, concrete, and others. The others segment includes plastics, containers, natural slate, and others. The application covered in the study include residential, commercial, and industrial. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

COMPETITION ANALYSIS
The major market participants profiled in this report includeATCO, Anderco Pte. Ltd., Giant Containers Inc., Honomobo Corporation, Lendlease Corporation, SG Blocks, Inc., Skanska AB, Speed House Group of Companies, Supertech Industries LLC, and Tempohousing.

KEY BENEFITS FOR STAKEHOLDERS
  • The report provides an extensive analysis of the current and emerging market trends and dynamics.
  • In-depth market analysis is conducted by constructing market estimations for the key market segments between 2018 and 2026.
  • Extensive analysis of the market is conducted by following key product positioning and monitoring of the top competitors within the market framework.
  • A comprehensive analysis of all the regions is provided to determine the prevailing opportunities.
  • The global modular construction market forecast analysis from 2018 to 2026 is included in the report.
  • The key market players within modular construction market are profiled in this report and their strategies are analyzed thoroughly, which help understand the competitive outlook of the modular construction industry.

GLOBAL MODULAR CONSTRUCTION MARKET SEGMENTS

By Type
  • Permanent
  • Re-locatable

By Material
  • Steel
  • Wood
  • Concrete
  • Others

By End-User
  • Residential
  • Commercial
  • Industrial

By Region
  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Rest of Europe
  • Asia-Pacific
  • China
  • Australia
  • Japan
  • South Korea
  • Rest of Asia-Pacific
  • LAMEA
  • Latin America
  • Middle East
  • Africa

KEY PLAYERS
  • ATCO
  • Anderco Pte. Ltd.
  • Giant Containers Inc.
  • Honomobo Corporation
  • Lendlease Corporation
  • SG Blocks, Inc.
  • Skanska AB
  • Speed House Group of Companies
  • Supertech Industries LLC
  • Tempohousing
Frequently Asked Questions about the Global Modular Construction Market

What is the estimated value of the Global Modular Construction Market?

The Global Modular Construction Market was estimated to be valued at $114.6 billion in 2018.

What is the growth rate of the Global Modular Construction Market?

The growth rate of the Global Modular Construction Market is 7.0%, with an estimated value of $196.2 billion by 2026.

What is the forecasted size of the Global Modular Construction Market?

The Global Modular Construction Market is estimated to be worth $196.2 billion by 2026.

Who are the key companies in the Global Modular Construction Market?

Key companies in the Global Modular Construction Market include ATCO, Anderco Pte. Ltd., Giant Containers Inc., Honomobo Corporation, Lendlease Corporation, SG Blocks Inc., Skanska AB, Speed House Group of Companies and Tempohousing..
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Anderco Pte. Ltd.
  • ATCO
  • Giant Containers Inc.
  • Honomobo Corporation
  • Lendlease Corporation
  • SG Blocks Inc.

CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key benefits for stakeholders
1.3. Key market segments
1.4. Research methodology
1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. CXO perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.3. Porter's five forces analysis
3.4. Key player positioning, 2018
3.5. Market dynamics
3.5.1. Drivers
3.5.1.1. Rise in urbanization & industrialization in developing countries
3.5.1.2. Increase in pace of construction
3.5.1.3. High efficiency of modular construction
3.5.2. Restraints
3.5.2.1. Lack of reliability on modular construction in earthquake-prone regions
3.5.2.2. Lack of skilled labor and infrastructure in developing countries
3.5.3. Opportunity
3.5.3.1. Increase in investments in infrastructure
CHAPTER 4: MODULAR CONSTRUCTION MARKET, BY TYPE
4.1. Overview
4.1.1. Market size and forecast, by type
4.2. Permanent
4.2.1. Key market trends, growth factors, and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market analysis, by country
4.3. Re-locatable
4.3.1. Key market trends, growth factors, and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market analysis, by country
CHAPTER 5: MODULAR CONSTRUCTION MARKET, BY MATERIAL
5.1. Overview
5.1.1. Market size and forecast, by material
5.2. Steel
5.2.1. Key market trends, growth factors, and opportunities
5.2.2. Market size and forecast, by region
5.2.3. Market analysis, by country
5.3. Wood
5.3.1. Key market trends, growth factors, and opportunities
5.3.2. Market size and forecast, by region
5.3.3. Market analysis, by country
5.4. Concrete
5.4.1. Key market trends, growth factors, and opportunities
5.4.2. Market size and forecast, by region
5.4.3. Market analysis, by country
5.5. Others
5.5.1. Key market trends, growth factors, and opportunities
5.5.2. Market size and forecast, by region
5.5.3. Market analysis, by country
CHAPTER 6: MODULAR CONSTRUCTION MARKET, BY END USER
6.1. Overview
6.1.1. Market size and forecast, by end user
6.2. Residential
6.2.1. Key market trends, growth factors, and opportunities
6.2.2. Market size and forecast, by region
6.2.3. Market analysis, by country
6.3. Commercial
6.3.1. Key market trends, growth factors, and opportunities
6.3.2. Market size and forecast, by region
6.3.3. Market analysis, by country
6.4. Industrial
6.4.1. Key market trends, growth factors, and opportunities
6.4.2. Market size and forecast, by region
6.4.3. Market analysis, by country
CHAPTER 7: MODULAR CONSTRUCTION MARKET, BY REGION
7.1. Overview
7.1.1. Market size and forecast, by region
7.2. North America
7.2.1. Key market trends, growth factors, and opportunities
7.2.2. Market size and forecast, by type
7.2.3. Market size and forecast, by material
7.2.4. Market size and forecast, by end user
7.2.5. Market analysis, by country
7.2.5.1. U.S.
7.2.5.1.1. Market size and forecast, by type
7.2.5.1.2. Market size and forecast, by material
7.2.5.1.3. Market size and forecast, by end user
7.2.5.2. Canada
7.2.5.2.1. Market size and forecast, by type
7.2.5.2.2. Market size and forecast, by material
7.2.5.2.3. Market size and forecast, by end user
7.2.5.3. Mexico
7.2.5.3.1. Market size and forecast, by type
7.2.5.3.2. Market size and forecast, by material
7.2.5.3.3. Market size and forecast, by end user
7.3. Europe
7.3.1. Key market trends, growth factors, and opportunities
7.3.2. Market size and forecast, by type
7.3.3. Market size and forecast, by material
7.3.4. Market size and forecast, by end user
7.3.5. Market analysis, by country
7.3.5.1. Germany
7.3.5.1.1. Market size and forecast, by type
7.3.5.1.2. Market size and forecast, by material
7.3.5.1.3. Market size and forecast, by end user
7.3.5.2. France
7.3.5.2.1. Market size and forecast, by type
7.3.5.2.2. Market size and forecast, by material
7.3.5.2.3. Market size and forecast, by end user
7.3.5.3. UK
7.3.5.3.1. Market size and forecast, by type
7.3.5.3.2. Market size and forecast, by material
7.3.5.3.3. Market size and forecast, by end user
7.3.5.4. Italy
7.3.5.4.1. Market size and forecast, by type
7.3.5.4.2. Market size and forecast, by material
7.3.5.4.3. Market size and forecast, by end user
7.3.5.5. Rest of Europe
7.3.5.5.1. Market size and forecast, by type
7.3.5.5.2. Market size and forecast, by material
7.3.5.5.3. Market size and forecast, by end user
7.4. Asia-Pacific
7.4.1. Key market trends, growth factors, and opportunities
7.4.2. Market size and forecast, by type
7.4.3. Market size and forecast, by material
7.4.4. Market size and forecast, by end user
7.4.5. Market analysis, by country
7.4.5.1. Japan
7.4.5.1.1. Market size and forecast, by type
7.4.5.1.2. Market size and forecast, by material
7.4.5.1.3. Market size and forecast, by end user
7.4.5.2. China
7.4.5.2.1. Market size and forecast, by type
7.4.5.2.2. Market size and forecast, by material
7.4.5.2.3. Market size and forecast, by end user
7.4.5.3. South Korea
7.4.5.3.1. Market size and forecast, by type
7.4.5.3.2. Market size and forecast, by material
7.4.5.3.3. Market size and forecast, by end user
7.4.5.4. Australia
7.4.5.4.1. Market size and forecast, by type
7.4.5.4.2. Market size and forecast, by material
7.4.5.4.3. Market size and forecast, by end user
7.4.5.5. Rest of Asia-Pacific
7.4.5.5.1. Market size and forecast, by type
7.4.5.5.2. Market size and forecast, by material
7.4.5.5.3. Market size and forecast, by end user
7.5. LAMEA
7.5.1. Key market trends, growth factors, and opportunities
7.5.2. Market size and forecast, by type
7.5.3. Market size and forecast, by material
7.5.4. Market size and forecast, by end user
7.5.5. Market analysis, by country
7.5.5.1. Latin America
7.5.5.1.1. Market size and forecast, by type
7.5.5.1.2. Market size and forecast, by material
7.5.5.1.3. Market size and forecast, by end user
7.5.5.2. Middle East
7.5.5.2.1. Market size and forecast, by type
7.5.5.2.2. Market size and forecast, by material
7.5.5.2.3. Market size and forecast, by end user
7.5.5.3. Africa
7.5.5.3.1. Market size and forecast, by type
7.5.5.3.2. Market size and forecast, by material
7.5.5.3.3. Market size and forecast, by end user
CHAPTER 8: COMPANY PROFILES
8.1. ATCO
8.1.1. Company overview
8.1.2. Company snapshot
8.1.3. Operating business segments
8.1.4. Product portfolio
8.1.5. Business performance
8.2. Anderco Pte. Ltd.
8.2.1. Company overview
8.2.2. Company snapshot
8.2.3. Operating business segments
8.2.4. Product portfolio
8.3. Giant Containers Inc.
8.3.1. Company overview
8.3.2. Company snapshot
8.3.3. Product portfolio
8.3.4. Key strategic moves and developments
8.4. Honomobo Corporation
8.4.1. Company overview
8.4.2. Company snapshot
8.4.3. Product portfolio
8.5. Lendlease Corporation
8.5.1. Company overview
8.5.2. Company snapshot
8.5.3. Operating business segments
8.5.4. Product portfolio
8.5.5. Business performance
8.6. SG Blocks, Inc.
8.6.1. Company overview
8.6.2. Company snapshot
8.6.3. Operating business segments
8.6.4. Business performance
8.6.5. Key strategic moves and developments
8.7. Skanska AB
8.7.1. Company overview
8.7.2. Company snapshot
8.7.3. Operating business segments
8.7.4. Product portfolio
8.7.5. Business performance
8.8. Speed House Group of Companies
8.8.1. Company overview
8.8.2. Key executives
8.8.3. Company snapshot
8.8.4. Operating business segments
8.8.5. Product portfolio
8.9. Supertech Industries LLC
8.9.1. Company overview
8.9.2. Company snapshot
8.9.3. Operating business segments
8.9.4. Product portfolio
8.10. Tempohousing
8.10.1. Company overview
8.10.2. Company Snapshot
8.10.3. Operating business segments
8.10.4. Product portfolio
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Anderco Pte. Ltd.
  • ATCO
  • Giant Containers Inc.
  • Honomobo Corporation
  • Lendlease Corporation
  • SG Blocks Inc.
According to the report titled 'Modular Construction Market by Type, Material, and EndUser: Global Opportunity Analysis and Industry Forecast, 2019-2026,' the global modular construction market size was valued at $114.6 billion in 2018, and is projected to reach $196.2 billion by 2026, growing at a CAGR of 7.1% from 2019 to 2026. In 2018, by type, the permanent segment accrued the largest share in the modular construction market owing to the factors such as inexpensive, and simple to build. The expansion of the residential infrastructure sector especially in the emerging nations such as China and India is driven by surge in demand for modular construction activities.

The manufacturers of modular construction are focusing on business expansion and new projects as a strategy to increase their modular construction market shares. For instance, in October 2018, SG Blocks entered in strategic partnership with Harrison, Walker and Harper (HWH), an engineering, contracting, and industrial services firm. Under this alliance, HWH will become an SGB preferred partner to complete site work and installation of single family modular homes. Similarly, in September 2018, SGB and its subsidiary named SG Residentials entered into partnership with Capital Plus Financial (CPF), one of the nation’s largest Community Development Financial Institutions (CDFI) and a subsidiary of Crossroads Systems, Inc. With this parent ship, SGB is aiming to provide affordable modular homes at low-to-moderate-income areas across the country and Puerto Rico.

Furthermore, the growth of industrial and commercial sectors, owing to increase in population and rise in urbanization is projected to propel the demand for modular construction activities in the coming years. By end user, in 2018, the residential segment garnered significant share, owing to the expansion of construction sector in developing regions. In addition, depending on material, the wood segment garnered a significant share in 2018. Region wise, Asia-Pacific and Europe collectively contributed around 72.6% share in the global modular construction market in 2018.

According to Amar Chinchane, Lead Analyst, Construction and Manufacturing, “The modular construction market has witnessed significant growth over the past decade, owing to rise in investment in construction industry especially in the Asia-Pacific region. A number of players are expanding their business around the globe, owing to increased customer base, enhanced effective operations, developed product portfolios, and expanded geographical reach. This is anticipated to fuel the demand for the modular construction. Furthermore, by enduser, the residential segment is expected to grow in the near future due to rapid increase in need for residential construction activities to cater to the demand of growing population.

The key players profiled in the modular construction market report include ATCO, Anderco Pte. Ltd., Giant Containers Inc., Honomobo Corporation, Lendlease Corporation, SG Blocks, Inc., Skanska AB, Speed House Group of Companies, Supertech Industries LLC, and Tempohousing.

KEY FINDINGS OF THE STUDY
  • The report provides an extensive analysis of the current and emerging modular construction market trends and dynamics.
  • Depending on type, the permanent segment dominated the modular construction market, in terms of revenue in 2018 andre-locatable segment is projected to grow at a CAGR 7.8%during the forecast period.
  • By material, the wood segment led the modular construction market in 2018.
  • Asia-Pacific is projected to register the highest growth rate in the coming years.
  • The key market players within the modular construction market are profiled in this report, and their strategies are analyzed thoroughly, which help understand the competitive outlook of the modular construction industry.
  • The report provides an extensive analysis of the modular construction market trends and emerging opportunities of the modular construction market.
  • In-depth modular construction market analysis is conducted by constructing estimations for the key segments between 2018 and 2026.
  • The global modular construction market forecast analysis from 2018 to 2026 is included in the report.
Note: Product cover images may vary from those shown
  • ATCO
  • Anderco Pte. Ltd.
  • Giant Containers Inc.
  • Honomobo Corporation
  • Lendlease Corporation
  • SG Blocks Inc.
  • Skanska AB
  • Speed House Group of Companies
  • Supertech Industries LLC
  • Tempohousing.
Note: Product cover images may vary from those shown

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

Loading
LOADING...