DUBLIN, May 10, 2019 /PRNewswire/ -- The "Modular Construction Market" report has been added to ResearchAndMarkets.com's offering.
The global Modular Construction market manifests substantial growth on the advent of high growth of infrastructure in developing countries such as India, China, Bangladesh, Malaysia, Indonesia and Vietnam.
Rising infrastructure construction related to Concrete roads, concrete and steel bridges, buildings and other relevant structures to facilitate the sustainable growth in the region ameliorating the Asia pacific modular construction market.
Recovery of North America and European market through economic crisis represents marginal elevation of infrastructure industry honing the growth of modular construction market in the region over the forecast period.
Rise in the activities such as offsite manufacturing to decrease the complexity of construction and space management are bolstering the utilization of permanent modular construction. Mammoth structures utilizing the modules to assemble the predefined design is prevalent amongst the industry and is responsible to the growth of modular construction market.
The permanent modular construction is also relevant in the regions with high density of population and less space availability. Such manufacturing methodology is adopted through various smart city transformations in Asian region.
The North American Modular Construction Market segment is expected to grow at a CAGR of 6.77% over the forecast period i.e. 2019-2025. Modular Construction Market segment is expected to reach USD 44.37 Million by the end of 2025 from USD 23.76 Million in 2015.
Rising infrastructure demand on the account of migration in Canada and recovery in the infrastructure industry exhibiting growth after sub prime crisis exudes growth of modular construction market over the forecast period.
The United States Modular Construction Market segment is expected to grow at a CAGR of 6.56% over the forecast period i.e. 2019-2025. Modular Construction Market segment is expected to reach USD 30.79 Billion by the end of 2025 from USD 18.77 Billion in 2017.
Industrial growth recovery after the sub prime crisis tends to propel the industrial growth to 1.8% in 2017. Rising growth of United States Modular Constructions Market evince significant growth on the advent of rising industrialization in the country
The Asia Pacific Modular Construction Market segment is expected to grow at a CAGR of 7.87% over the forecast period i.e. 2019-2025. Modular Construction Market segment is expected to reach USD 84.34 Million by the end of 2025 from USD 46.61 Million in 2017.
The Asia Pacific Modular Constructions market exudes discernible demand on the advent of higher demand of housing solution due to increase in the population and per capita income in the region.
China's Modular Construction segment is expected to grow at a CAGR of 8.06% over the forecast period i.e. 2019-2025. China Modular Construction segment is expected to reach USD 40.36 Billion by the end of 2025 from USD 21.98 Billion in 2017.
A number of companies are present in the country providing solution to housing infrastructure in terms of low cost and augmented design. The significant output by the country in steel and cement allied to the government subsidies is responsible to adhere the market growth over the forecast period.
Key Topics Covered
1. Global Modular Construction Market Definition and Scope
1.1. Market Definition
2. Research Methodology
3. Executive Summary
3.1. Global & Segmental Market Estimates & Forecasts, 2015-2025 (USD Billion)
3.2. Key Trends
4. Global Modular Construction Market Dynamics
4.1. Growth Prospects
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.2. Industry Analysis
4.2.1. Porters 5 Force Model
4.2.2. PEST Analysis
4.3. Analyst Recommendation & Conclusion
5. Global Modular Construction Market, By Type
5.1. Market Snapshot
5.2. Market Performance - Potential Model
5.3. Global Modular Construction Market, Sub Segment Analysis
5.3.1. Permanent
5.3.2. Relocatable
6. Global Modular Construction Market, By Material
6.1. Market Snapshot
6.2. Market Performance - Potential Model
6.3. Global Modular Construction Market, Sub Segment Analysis
6.3.1. Precast Concrete
6.3.2. Steel
6.3.3. Wood
6.3.4. Plastic
6.3.5. Others
7. Global Modular Construction Market, By Module
7.1. Market Snapshot
7.2. Market Performance - Potential Model
7.3. Global Modular Construction Market, Sub Segment Analysis
7.3.1. Four-Sided Modules
7.3.2. Open-Sided Modules
7.3.3. Partially Open-Sided Modules
7.3.4. Mixed Modules and Floor Cassettes
7.3.5. Modules Supported By A Primary Structure
7.3.6. Others
8. Global Modular Construction Market, By End Use
8.1. Market Snapshot
8.2. Market Performance - Potential Model
8.3. Global Modular Construction Market, Sub Segment Analysis
8.3.1. Housing
8.3.2. Commercial
8.3.3. Healthcare
8.3.4. Education
8.3.5. Industrial
9. Global Modular Construction Market, by Regional Analysis
9.1. Modular Construction Market, Regional Market Snapshot (2015-2025)
9.2. North America Modular Construction Market Snapshot
9.2.1. U.S.
9.2.2. Canada
9.3. Europe Modular Construction Market Snapshot
9.3.1. U.K.
9.3.2. Germany
9.3.3. France
9.3.4. Rest of Europe
9.4. Asia Modular Construction Market Snapshot
9.4.1. China
9.4.2. India
9.4.3. Japan
9.4.4. Rest of Asia Pacific
9.5. Latin America Modular Construction Market Snapshot
9.5.1. Brazil
9.5.2. Mexico
9.6. Rest of Latin America
9.6.1. RO Latin America
9.6.2. Middle East and Africa
10. Competitive Intelligence
10.1. Top Market Strategies
10.2. Company Profiles
10.2.1. Laing O'Rourke
10.2.1.1. Overview
10.2.1.2. Financial (Subject to Data Availability)
10.2.1.3. Product Summary
10.2.1.4. Recent Developments
10.2.2. Red Sea Housing
10.2.3. Atco
10.2.4. Bouygues Construction
10.2.5. Vinci
10.2.6. Skanska AB
10.2.7. Algeco Scotsman
10.2.8. Kleusberg GmbH & Co. KG
10.2.9. Kef Katerra
10.2.10. Lendlease Corporation
10.2.11. Cimc Modular Building Systems Holding
10.2.12. Modular Space Corporation
10.2.13. Dubox
10.2.14. Kwikspace Modular Buildings
10.2.15. Guerdon Enterprises LLC
10.2.16. Alta-Fab Structures
10.2.17. Westchester Modular Homes
10.2.18. Wernick Group
10.2.19. Fleetwood Australia
10.2.20. NRB Inc.
For more information about this report visit https://www.researchandmarkets.com/r/2orvm3
Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.
Media Contact:
Research and Markets
Laura Wood, Senior Manager
[email protected]
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
SOURCE Research and Markets
Related Links
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article