Modular Construction Market Insight | Outlook | Growth Analysis Report 2028

Modular Construction Market size was valued at USD 85.10 Billion in 2022 and is projected to reach USD 136.55 Billion by 2030, growing at a CAGR of 5.8% from 2023 to 2030.

Modular construction is a method of constructing a building offsite under controlled plant conditions before transporting and assembling it at its ultimate location. A variety of building types and floor designs can be used in this type of construction.

Modular Construction Market size was valued at USD 85.10 Billion in 2022 and is projected to reach USD 136.55 Billion by 2030, growing at a CAGR of 5.8% from 2023 to 2030.

The Modular Construction Market report covers all the important information associated with the market such as target market size, share, current trends, challenges, restraints, competition analysis, and market potential during the forecast period of 2022...

The global modular construction market is being driven by changing government policies to decrease construction waste and promote green buildings. For example, the Singapore government has mandated the use of PPVC (Pre-fabricated, pre-finished, volumetric...

Modular Construction Market is estimated to be US$ 269.23 billion by 2030 with a CAGR of 7.50% during the forecast period

Modular Construction Market

The global Modular Construction market was valued at 96010 million in 2020 and is projected to reach US$ 117870 million by 2027, at a CAGR of 5.3% during the forecast period.

Modular Construction market is projected to grow at a CAGR of 6.1% to reach USD 141.80 billion by 2027 from USD 95.49 billion in 2020

Growing construction sector and rapid industrialization to drive global modular construction market through 2024