United States Modular Construction Market, By Type; By Material; By Application; By End User, Trend Analysis, Competitive Landscape & Forecast, 2019-2031

List of Tables

United States Modular Construction Market Set to Touch USD 238 Billion by 2031

United States Modular Construction Market is booming primarily due to an increasing focus on tackling labor shortages in the construction sector, meeting the surging demand for affordable housing driven by rapid urbanization, and addressing growing sustainability concerns.

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated United States Modular Construction Market size by value at USD 150.07 billion in 2024. During the forecast period between 2025 and 2031, BlueWeave expects United States Modular Construction Market size to expand at a significant CAGR of 6.80% reaching a value of USD 237.84 billion by 2031. The Modular Construction Market in United States is experiencing significant growth driven by labor shortages, urbanization, housing demand, cost and time efficiency, and sustainability. Modular construction offers faster, more efficient solutions, reducing project timelines and costs, and aligns with environmentally friendly building practices.

Opportunity - Growing Adoption of Modular Construction in Various Sectors

United States Modular Construction Market is experiencing significant growth due to its increasing adoption across major sectors, including residential, commercial, healthcare, and education. The need for faster project completion, cost efficiency, and reduced material waste is driving demand for modular construction methods. The commercial sector, in particular, is leveraging modular solutions for office spaces, hotels, and retail buildings due to their scalability and sustainability benefits. Additionally, the healthcare industry is utilizing modular construction for hospitals and medical facilities to meet urgent infrastructure demands. The United States Government's initiatives promoting green building practices and sustainability are further accelerating the adoption of modular construction, making it a preferred choice for diverse industries seeking efficient and eco-friendly building solutions.

Steel Dominates United States Modular Construction Market by Material

Steel is the largest material segment in United States Modular Construction Market. It is favored for its excellent mechanical and chemical properties, including high strength, durability, ductility, and seismic resistance. These attributes make steel highly suitable for modular construction, offering ease of fabrication and fast installation. Steel's recyclability further enhances its appeal, aligning with sustainable building practices. Its versatility allows for use in various structural forms, such as beams and columns, making it a preferred choice for both permanent and relocatable modular buildings across residential, commercial, and industrial applications.

Impact of Escalating Geopolitical Tensions on United States Modular Construction Market

Escalating geopolitical tensions could adversely affect the growth of United States Modular Construction Market through supply chain disruptions, material cost volatility, and labor shortages. United States heavily relies on steel and semiconductor imports from China, which face trade restrictions and tariffs. For instance, in February 2025, the President of United States has recently announced a significant increase tariffs on steel imports. The United States-China trade war led to a surge in steel prices by over 20% in 2018, affecting modular construction costs. Additionally, the Russia-Ukraine conflict disrupted global energy supplies, increasing transportation and production costs for modular units. Sanctions on Russian aluminum also spiked metal prices by 30% in early 2022. Delays in electronic components for smart modular buildings due to Taiwan-China tensions further hamper the market. Companies now seek domestic sourcing to mitigate risks but face higher costs.

Competitive Landscape

United States Modular Construction Market is highly fragmented, with numerous players serving the market. Major companies dominating the market include Lendlease Corp. Ltd, Bechtel Corp., Fluor Corp., BOXX Modular Building, Modular Genius, Nadler Modular, Satellite Shelters Inc., McGrath RentCorp Inc., Pac Van Inc., Westchester Modular Homes, and Commercial Structures Corp. The key marketing strategies adopted by the players are facility expansion, product diversification, alliances, collaborations, partnerships, and acquisitions to expand their customer reach and gain a competitive edge over their competitors in United States Modular Construction Market.

The report's in-depth analysis provides information about growth potential, upcoming trends, and United States Modular Construction Market statistics. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in United States Modular Construction Market along with industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyses the growth drivers, challenges, and competitive dynamics of the market.

Product Code: BWC25106

1. Research Framework

1.1. Research Objective
1.2. Product Overview
1.3. Market Segmentation

2. Executive Summary

3. United States Modular Construction Market Insights

3.1. Industry Value Chain Analysis
3.2. DROC Analysis
- 3.2.1. Drivers
  - 3.2.1.1. Rapid Urbanization
  - 3.2.1.2. Deepening Labor Shortages
  - 3.2.1.3. Growing Sustainability Concerns
- 3.2.2. Restraints
  - 3.2.2.1. High Initial Costs
- 3.2.3. Opportunities
  - 3.2.3.1. Growing Adoption of Technological Advancements
  - 3.2.3.2. Demand for Modular Construction in Various Sectors
- 3.2.4. Challenges
  - 3.2.4.1. Regulatory Barriers
  - 3.2.4.2. Supply Chain Disruptions
  - 3.2.4.3. Perception Issues
  - 3.2.4.4. Limited Awareness about Benefits
3.3. Technological Advancements/Recent Developments
3.4. Regulatory Framework
3.5. Porter's Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry

4. United States Modular Construction Market: Marketing Strategies

5. United States Modular Construction Market: Pricing Analysis

6. United States Modular Construction Market Overview

6.1. Market Size & Forecast, 2019-2031
- 6.1.1. By Value (USD Billion)
6.2. Market Share & Forecast
- 6.2.1. By Type
  - 6.2.1.1. Residential
  - 6.2.1.2. Commercial
  - 6.2.1.3. Industrial
  - 6.2.1.4. Healthcare
  - 6.2.1.5. Education
  - 6.2.1.6. Hospitality
- 6.2.2. By Material
  - 6.2.2.1. Wood
  - 6.2.2.2. Steel
  - 6.2.2.3. Concrete
- 6.2.3. By Application
  - 6.2.3.1. Relocatable
  - 6.2.3.2. Permanent
- 6.2.4. By End User
  - 6.2.4.1. Developers
  - 6.2.4.2. Builders
  - 6.2.4.3. Homeowners
  - 6.2.4.4. Institutions
  - 6.2.4.5. Government Agencies

7. Competitive Landscape

7.1. List of Key Players and Their Offerings
7.2. United States Modular Construction Market Share Analysis, 2024
7.3. Key Strategic Developments (Mergers, Acquisitions, Partnerships)

8. Impact of Escalating Geopolitical Tensions on United States Modular Construction Market

9. Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)

9.1. Lendlease Corp. Ltd
9.2. Bechtel Corp.
9.3. Fluor Corp.
9.4. BOXX Modular Building
9.5. Modular Genius
9.6. Nadler Modular
9.7. Satellite Shelters Inc.
9.8. McGrath RentCorp Inc.
9.9. Pac Van Inc.
9.10. Westchester Modular Homes
9.11. Commercial Structures Corp.
9.12. Other Prominent Players

10. Key Strategic Recommendations

11. Research Methodology

11.1. Qualitative Research
- 11.1.1. Primary & Secondary Research
11.2. Quantitative Research
11.3. Market Breakdown & Data Triangulation
- 11.3.1. Secondary Research
- 11.3.2. Primary Research
11.4. Breakdown of Primary Research Respondents, By Region
11.5. Assumptions & Limitations

*Financial information of non-listed companies can be provided as per availability.

**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable.

Product Code: BWC25106

List of Figures

Figure 1 United States Modular Construction Segmentation
Figure 2 United States Modular Construction Market Value Chain Analysis
Figure 3 Company Market Share Analysis, 2024
Figure 4 United States Modular Construction Market Size, By Value (USD Billion), 2019-2031
Figure 5 United States Modular Construction Market Share, By Type, By Value, 2019-2031
Figure 6 United States Modular Construction Market Share, By Material, By Value, 2019-2031
Figure 7 United States Modular Construction Market Share, By End User, By Value, 2019-2031
Figure 8 United States Modular Construction Market Share, By Application, By Value, 2019-2031
Figure 9 United States Modular Construction Market Share, By Type, By Value, 2019-2031

List of Tables

Table 1 United States Modular Construction Market Size, By Value (USD Billion), 2019-2031
Table 2 United States Modular Construction Market Share, By Type, By Value, 2019-2031
Table 3 United States Modular Construction Market Share, By Material, By Value, 2019-2031
Table 4 United States Modular Construction Market Share, By End User, By Value, 2019-2031
Table 5 United States Modular Construction Market Share, By Application, By Value, 2019-2031
Table 6 United States Modular Construction Market Share, By Type, By Value, 2019-2031
Table 7 Lendlease Corp. Ltd Company Overview
Table 8 Lendlease Corp. Ltd Financial Overview
Table 9 Bechtel Corp. Company Overview
Table 10 Bechtel Corp. Financial Overview
Table 11 Fluor Corp. Company Overview
Table 12 Fluor Corp. Financial Overview
Table 13 BOXX Modular Building Company Overview
Table 14 BOXX Modular Building Financial Overview
Table 15 Modular Genius Company Overview
Table 16 Modular Genius Financial Overview
Table 17 Nadler Modular Company Overview
Table 18 Nadler Modular Financial Overview
Table 19 Satellite Shelters Inc. Company Overview
Table 20 Satellite Shelters Inc. Financial Overview
Table 21 McGrath RentCorp Inc. Company Overview
Table 22 McGrath RentCorp Inc. Financial Overview
Table 23 Pac Van Inc. Company Overview
Table 24 Pac Van Inc. Financial Overview
Table 25 Westchester Modular Homes Company Overview
Table 26 Westchester Modular Homes Financial Overview
Table 27 Commercial Structures Corp. Company Overview
Table 28 Commercial Structures Corp. Financial Overview

United States Modular Construction Market, By Type; By Material; By Application; By End User, Trend Analysis, Competitive Landscape & Forecast, 2019-2031

Description

Table of Contents

List of Tables

Table of Contents

1. Research Framework

2. Executive Summary

3. United States Modular Construction Market Insights

4. United States Modular Construction Market: Marketing Strategies

5. United States Modular Construction Market: Pricing Analysis

6. United States Modular Construction Market Overview

7. Competitive Landscape

8. Impact of Escalating Geopolitical Tensions on United States Modular Construction Market

9. Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)

10. Key Strategic Recommendations

11. Research Methodology

List of Figures

List of Tables