Modular construction is prefabricated buildings that are manufactured in a plant. It offers significant advantages compared to conventional buildings such as cost effective, flexibility, shorter time to completion amongst others.
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The modular construction market is driven by the demand for construction activities. Modular buildings are prefabricated structures, which consist of multiple sections termed modules.
Modular construction differs from traditional forms of construction, owing to the fact that module sections are completed offsite before being transported to the construction site, where they are then positioned into place. Another important market driver is modular construction being more flexible than traditional method and time & cost effective method of construction by reducing labor and shipping costs.
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Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Modular Construction in these regions, from 2012 to 2022 (forecast), covering
- North America
- Southeast Asia
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Global Modular Construction market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including
- Komatsu Ltd
- Kiewit Corporation
- Skanska AB Larsen & Toubro Limited
- Taisei Corporation
- Balfour Beatty PLC
- ACS Group
- Bouygues Construction
- Guerdon Modular Buildings
- JL Modular, Inc
- KEF Infra
- Laing O'Rourke
- System House
- Red Sea Housing Services
- Palomar Modular Buildings
- Julius Berger
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On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
- Permanent Modular
- Relocatable Modular
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On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate of Modular Construction for each application, including
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