Modular Construction Market : Revenue and growth prediction till 2026 with covid-19 impact analysis

Modular Construction Market : Revenue and growth prediction till 2026 with covid-19 impact analysis

July 30, 2021

Stratview Research announces the launch of a new research report on the Modular Construction Market is Segmented by Construction Type (Permanent, Relocatable), by Material Type (Precast Concrete, Steel, Wood, Plastic, and Others), by End-Use Sector Type (Housing, Commercial, Education, Healthcare, and Industrial), by Module Type (Four-Sided, Open-Sided, Partially Open-Sided, Mixed and Floor Cassettes, Modules Supported By a Primary Structure, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).

The report calculates the short- and long-term ramifications of the COVID-19 pandemic on Modular Construction Market consumption at the global, regional, and nation scales. The report also compares pre-COVID and post-COVID scenarios to evaluate the potential loss to the industry. The vital data provided in the report can play a crucial role for market participants as well as investors in formulating short-term as well as long-term growth strategies.

Wish to get a free sample report? Click Here: https://www.stratviewresearch.com/Request-Sample/676/modular-construction-market.html#form

Report Features

The report delivers a detailed view of the industry based on global Modular Construction Market  size, market growth, and opportunities. The report also analyses market key aspects such as-

  • Market structure: Overview, industry life cycle analysis, supply chain analysis
  • Covid-19 Impact analysis.
  • Market environment analysis: Growth drivers and constraints, and SWOT analysis.
  • Market trend and forecast analysis
  • Market segment trend and forecast
  • Competitive landscape and dynamics: Market share, product launches, etc.
  • Attractive market segments and associated growth opportunities
  • Emerging trends
  • Strategic growth opportunities for the existing and new players

Highlights from the Report

Modular construction market is likely to witness an impressive CAGR of 7.0% during the forecast period. The major factor leading to the growth of the market is infrastructure spending by the global and regional economies. Further, it is estimated that spending on infrastructure and capital projects will increase substantially over the next decade. China, India, and other countries in the Asia Pacific region, along with Brazil and South Africa, are investing enormously in the infrastructure industry, which is required for modernization and commercialization. Rapid urbanization in emerging economies, such as Brazil, India, Malaysia, and Thailand is likely to fuel the spending for the major infrastructure sectors, such as power, construction, and transportation. The improvement in economic conditions of emerging markets is the key factor that is driving the demand for modular construction.

Regional Analysis:

In terms of regions, Asia-Pacific is estimated to be the fastest-growing modular construction market during the forecast period. The growth is owing to the increasing demand for houses at economical cost in developing economies. China and India are the growth engines of the region. In addition, China is likely to actively participate in abating housing problems, globally. Europe and North America are also expected to offer substantial growth opportunities during the forecast period.

According to the report, the key players of the market are –

  • Laing O’Rourke
  • Red Sea Housing
  • ATCO
  • Bouygues Construction
  • VINCI
  • Skanska AB
  • Algeco Scotsman

Customization of the Report:

Stratview Research also provides customised reports to meet the client’s requirements. Please connect with our sales team (E-mail: sales@stratviewresearch.com) to get a customised report that suits your needs. You can also get in touch with our executives on +1-313-307-4176 to share your research requirements.

Know more about us and our reports here –

Stratview Research publishes high quality, in-depth market research studies, to help clients obtain grainy level clarity on present business trends and probable future developments. At Stratview Research, we are committed to our client’s needs, providing custom solutions best fit for strategy development and implementation to extract perceptible results. We have built our team around this belief, with industry analysts, consultants and domain experts, leveraging their global experience, helping us deliver excellence in all assignments we undertake.

Author : Meha Prasad

Frequently Asked Questions (FAQs)

The steel segment is expected to remain dominant material type in the modular construction market in the coming years.

The permanent segment is expected to remain dominant construction type in the modular construction market over the next five years.

x

We use cookies to deliver the best possible experience on our website. To learn more, visit our Privacy Policy and Cookie Policy. By continuing to use this site or closing this box, you consent to our use of cookies! Accept