Modular Construction Market Key Vendors, Trends, Analysis, Segmentation, Forecast to 2019-2026

According to a new report published by Allied Market Research, titled, "Modular Construction Market by Type, Material, and End User: 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.

The manufacturers of modular construction are focusing on business expansion and new projects as a strategy to increase their modular construction market share. 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. 

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Leading Players:

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.  

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.

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In the end, Modular Construction industry report specifics the major regions, market scenarios with the product price, volume, supply, revenue, production, market growth rate, demand, forecast and so on. This report also presents SWOT analysis, investment feasibility analysis, and investment return analysis.

 About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “”Market Research Reports”” and “”Business Intelligence Solutions.”” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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