PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1922623
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1922623
Global Modular Construction Market Size Study & Forecast, by Type (Relocatable and Permanent) and Regional Forecasts 2025-2035
The Global Modular Construction Market is valued at approximately USD 111.07 billion in 2024 and is projected to expand at a compelling compound annual growth rate of 8.20% over the forecast period 2025-2035. Modular construction refers to an advanced building methodology in which structures are manufactured off-site, under controlled factory conditions, and subsequently transported and assembled on-site. This approach fundamentally reshapes conventional construction workflows by compressing project timelines, optimizing resource utilization, and enhancing quality consistency. As cost pressures mount and skilled labor shortages persist, modular construction is being increasingly leaned on to deliver scalable, time-efficient, and cost-predictable building solutions across residential, commercial, and institutional landscapes.
(Historical Data - 2023, 2024 | Base Year for Estimation - 2024 | Forecast Period - 2025-2035)
Market expansion is being carried forward by a structural shift toward faster project delivery, sustainability-driven construction practices, and heightened demand for affordable housing and healthcare infrastructure. Governments and private developers alike are doubling down on modular strategies to fast-track housing projects, educational campuses, and medical facilities while keeping budgets in check. In addition, the ability to carry out parallel site preparation and module fabrication has allowed stakeholders to shave months off construction schedules, which, when scaled across large developments, translates into significant economic upside. Technological integration-ranging from BIM-enabled design coordination to advanced prefabrication techniques-is further accelerating adoption, while stringent building codes are gradually evolving to accommodate modular systems as a mainstream alternative.
The detailed segments and sub-segments included in the report are:
By Type:
- Relocatable
- Permanent
By Material:
- Wood
- Steel
- Concrete
- Others
By Application:
- Residential
- Commercial
- Industrial
- Healthcare
- Educational
By Module:
- Four-sided
- Open-sided
- Partially open-sided
- Mixed modules & floor cassettes
- Modules supported by a primary structure
- Others
Among applications, residential construction is expected to dominate the Global Modular Construction Market throughout the forecast period. Rapid urbanization, population influx into metropolitan areas, and mounting pressure to bridge housing supply gaps have pushed developers to roll out modular housing at scale. Residential projects benefit disproportionately from modular efficiencies, as standardized designs, repeatable layouts, and factory-controlled production environments allow builders to turn around units quickly without compromising on structural integrity or occupant comfort. While healthcare and educational facilities are gaining traction due to urgent infrastructure needs, residential construction remains the cornerstone of modular adoption worldwide.
From a revenue contribution perspective, permanent modular construction currently leads the market, accounting for the largest share of global revenues. Permanent modular structures are increasingly being commissioned for long-life assets such as apartment complexes, office buildings, hospitals, and schools, where durability, regulatory compliance, and architectural flexibility are non-negotiable. Steel and concrete-based permanent modules, in particular, are being favored for their load-bearing strength and fire-resistance characteristics. At the same time, relocatable modular units continue to find relevance in temporary housing, industrial sites, and disaster relief applications, creating a balanced but clearly revenue-weighted market dynamic in favor of permanent solutions.
The regional scope of the Global Modular Construction Market spans North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. North America remains a key revenue generator, supported by strong residential demand, commercial redevelopment projects, and a mature prefabrication ecosystem. Europe follows closely, driven by sustainability mandates and modernization of public infrastructure. Asia Pacific is poised to be the fastest-growing region during the forecast period, as rapid urban growth, infrastructure investment, and government-backed housing initiatives in countries such as China and India accelerate modular adoption. Meanwhile, Latin America and the Middle East & Africa are gradually embracing modular construction to address housing shortages and fast-track industrial and hospitality projects.
Major market players included in this report are:
- Skanska AB
- Laing O'Rourke
- Bouygues Construction
- Katerra Inc.
- Larsen & Toubro Limited
- Balfour Beatty plc
- CIMC Modular Building Systems
- ATCO Ltd.
- Red Sea International Company
- Sekisui House Ltd.
- Daiwa House Industry Co., Ltd.
- Algeco Group
- Guerdon Modular Buildings
- NRB Group
- Lendlease Corporation
Global Modular Construction Market Report Scope:
- Historical Data - 2023, 2024
- Base Year for Estimation - 2024
- Forecast period - 2025-2035
- Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
- Customization Scope - Free report customization (equivalent to up to 8 analysts' working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments and countries in recent years and to forecast their values for the coming years. The report integrates both qualitative and quantitative assessments of the Global Modular Construction Market across the historical period of 2023-2024 and the forecast window of 2025-2035. It further dissects key growth drivers, operational bottlenecks, and emerging opportunities, while presenting an in-depth competitive analysis and strategic insights into product offerings and market positioning of leading industry participants.
Key Takeaways:
- Market estimates and forecasts for 10 years from 2025 to 2035.
- Annualized revenues and regional-level analysis for each market segment.
- Comprehensive geographical evaluation with country-level insights across major regions.
- Competitive landscape assessment highlighting major players and their strategies.
- Strategic recommendations outlining future growth pathways and market entry approaches.
- Detailed demand-side and supply-side analysis of the market.
Table of Contents
Chapter 1. Global Modular Construction Market Report Scope & Methodology
- 1.1. Research Objective
- 1.2. Research Methodology
- 1.2.1. Forecast Model
- 1.2.2. Desk Research
- 1.2.3. Top Down and Bottom-Up Approach
- 1.3. Research Attributes
- 1.4. Scope of the Study
- 1.4.1. Market Definition
- 1.4.2. Market Segmentation
- 1.5. Research Assumption
- 1.5.1. Inclusion & Exclusion
- 1.5.2. Limitations
- 1.5.3. Years Considered for the Study
Chapter 2. Executive Summary
- 2.1. CEO/CXO Standpoint
- 2.2. Strategic Insights
- 2.3. ESG Analysis
- 2.4. key Findings
Chapter 3. Global Modular Construction Market Forces Analysis
- 3.1. Market Forces Shaping The Global Modular Construction Market (2024-2035)
- 3.2. Drivers
- 3.2.1. structural shift toward faster project delivery
- 3.2.2. sustainability-driven construction practices
- 3.3. Restraints
- 3.3.1. Instability in Raw Materials
- 3.4. Opportunities
- 3.4.1. Growing advanced prefabrication techniques
Chapter 4. Global Modular Construction Industry Analysis
- 4.1. Porter's 5 Forces Model
- 4.1.1. Bargaining Power of Buyer
- 4.1.2. Bargaining Power of Supplier
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. Porter's 5 Force Forecast Model (2024-2035)
- 4.3. PESTEL Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
- 4.4. Top Investment Opportunities
- 4.5. Top Winning Strategies (2025)
- 4.6. Market Share Analysis (2024-2025)
- 4.7. Global Pricing Analysis And Trends 2025
- 4.8. Analyst Recommendation & Conclusion
Chapter 5. Global Modular Construction Market Size & Forecasts by Type 2025-2035
- 5.1. Market Overview
- 5.2. Global Modular Construction Market Performance - Potential Analysis (2025)
- 5.3. Relocatable
- 5.3.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.3.2. Market size analysis, by region, 2025-2035
- 5.4. Permanent
- 5.4.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.4.2. Market size analysis, by region, 2025-2035
Chapter 6. Global Modular Construction Market Size & Forecasts by Material 2025-2035
- 6.1. Market Overview
- 6.2. Global Modular Construction Market Performance - Potential Analysis (2025)
- 6.3. Wood
- 6.3.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 6.3.2. Market size analysis, by region, 2025-2035
- 6.4. Steel
- 6.4.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 6.4.2. Market size analysis, by region, 2025-2035
- 6.5. Concrete
- 6.5.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 6.5.2. Market size analysis, by region, 2025-2035
- 6.6. Others
- 6.6.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 6.6.2. Market size analysis, by region, 2025-2035
Chapter 7. Global Modular Construction Market Size & Forecasts by Application 2025-2035
- 7.1. Market Overview
- 7.2. Global Modular Construction Market Performance - Potential Analysis (2025)
- 7.3. Residential
- 7.3.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 7.3.2. Market size analysis, by region, 2025-2035
- 7.4. Commercial
- 7.4.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 7.4.2. Market size analysis, by region, 2025-2035
- 7.5. Industrial
- 7.5.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 7.5.2. Market size analysis, by region, 2025-2035
- 7.6. Healthcare
- 7.6.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 7.6.2. Market size analysis, by region, 2025-2035
- 7.7. Educational
- 7.7.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 7.7.2. Market size analysis, by region, 2025-2035
Chapter 8. Global Modular Construction Market Size & Forecasts by Module 2025-2035
- 8.1. Market Overview
- 8.2. Global Modular Construction Market Performance - Potential Analysis (2025)
- 8.3. Four-sided
- 8.3.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 8.3.2. Market size analysis, by region, 2025-2035
- 8.4. Open-sided
- 8.4.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 8.4.2. Market size analysis, by region, 2025-2035
- 8.5. Partially open-sided
- 8.5.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 8.5.2. Market size analysis, by region, 2025-2035
- 8.6. Mixed modules & floor cassettes
- 8.6.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 8.6.2. Market size analysis, by region, 2025-2035
- 8.7. Modules supported by a primary structure
- 8.7.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 8.7.2. Market size analysis, by region, 2025-2035
- 8.8. Others
- 8.8.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 8.8.2. Market size analysis, by region, 2025-2035
Chapter 9. Global Modular Construction Market Size & Forecasts by Region 2025-2035
- 9.1. Growth Modular Construction Market, Regional Market Snapshot
- 9.2. Top Leading & Emerging Countries
- 9.3. North America Modular Construction Market
- 9.3.1. U.S. Modular Construction Market
- 9.3.1.1. Type breakdown size & forecasts, 2025-2035
- 9.3.1.2. Material breakdown size & forecasts, 2025-2035
- 9.3.1.3. Application breakdown size & forecasts, 2025-2035
- 9.3.1.4. Module breakdown size & forecasts, 2025-2035
- 9.3.2. Canada Modular Construction Market
- 9.3.2.1. Type breakdown size & forecasts, 2025-2035
- 9.3.2.2. Material breakdown size & forecasts, 2025-2035
- 9.3.2.3. Application breakdown size & forecasts, 2025-2035
- 9.3.2.4. Module breakdown size & forecasts, 2025-2035
- 9.3.1. U.S. Modular Construction Market
- 9.4. Europe Modular Construction Market
- 9.4.1. UK Modular Construction Market
- 9.4.1.1. Type breakdown size & forecasts, 2025-2035
- 9.4.1.2. Material breakdown size & forecasts, 2025-2035
- 9.4.1.3. Application breakdown size & forecasts, 2025-2035
- 9.4.1.4. Module breakdown size & forecasts, 2025-2035
- 9.4.2. Germany Modular Construction Market
- 9.4.2.1. Type breakdown size & forecasts, 2025-2035
- 9.4.2.2. Material breakdown size & forecasts, 2025-2035
- 9.4.2.3. Application breakdown size & forecasts, 2025-2035
- 9.4.2.4. Module breakdown size & forecasts, 2025-2035
- 9.4.3. France Modular Construction Market
- 9.4.3.1. Type breakdown size & forecasts, 2025-2035
- 9.4.3.2. Material breakdown size & forecasts, 2025-2035
- 9.4.3.3. Application breakdown size & forecasts, 2025-2035
- 9.4.3.4. Module breakdown size & forecasts, 2025-2035
- 9.4.4. Spain Modular Construction Market
- 9.4.4.1. Type breakdown size & forecasts, 2025-2035
- 9.4.4.2. Material breakdown size & forecasts, 2025-2035
- 9.4.4.3. Application breakdown size & forecasts, 2025-2035
- 9.4.4.4. Module breakdown size & forecasts, 2025-2035
- 9.4.5. Italy Modular Construction Market
- 9.4.5.1. Type breakdown size & forecasts, 2025-2035
- 9.4.5.2. Material breakdown size & forecasts, 2025-2035
- 9.4.5.3. Application breakdown size & forecasts, 2025-2035
- 9.4.5.4. Module breakdown size & forecasts, 2025-2035
- 9.4.6. Rest of Europe Modular Construction Market
- 9.4.6.1. Type breakdown size & forecasts, 2025-2035
- 9.4.6.2. Material breakdown size & forecasts, 2025-2035
- 9.4.6.3. Application breakdown size & forecasts, 2025-2035
- 9.4.6.4. Module breakdown size & forecasts, 2025-2035
- 9.4.1. UK Modular Construction Market
- 9.5. Asia Pacific Modular Construction Market
- 9.5.1. China Modular Construction Market
- 9.5.1.1. Type breakdown size & forecasts, 2025-2035
- 9.5.1.2. Material breakdown size & forecasts, 2025-2035
- 9.5.1.3. Application breakdown size & forecasts, 2025-2035
- 9.5.1.4. Module breakdown size & forecasts, 2025-2035
- 9.5.2. India Modular Construction Market
- 9.5.2.1. Type breakdown size & forecasts, 2025-2035
- 9.5.2.2. Material breakdown size & forecasts, 2025-2035
- 9.5.2.3. Application breakdown size & forecasts, 2025-2035
- 9.5.2.4. Module breakdown size & forecasts, 2025-2035
- 9.5.3. Japan Modular Construction Market
- 9.5.3.1. Type breakdown size & forecasts, 2025-2035
- 9.5.3.2. Material breakdown size & forecasts, 2025-2035
- 9.5.3.3. Application breakdown size & forecasts, 2025-2035
- 9.5.3.4. Module breakdown size & forecasts, 2025-2035
- 9.5.4. Australia Modular Construction Market
- 9.5.4.1. Type breakdown size & forecasts, 2025-2035
- 9.5.4.2. Material breakdown size & forecasts, 2025-2035
- 9.5.4.3. Application breakdown size & forecasts, 2025-2035
- 9.5.4.4. Module breakdown size & forecasts, 2025-2035
- 9.5.5. South Korea Modular Construction Market
- 9.5.5.1. Type breakdown size & forecasts, 2025-2035
- 9.5.5.2. Material breakdown size & forecasts, 2025-2035
- 9.5.5.3. Application breakdown size & forecasts, 2025-2035
- 9.5.5.4. Module breakdown size & forecasts, 2025-2035
- 9.5.6. Rest of APAC Modular Construction Market
- 9.5.6.1. Type breakdown size & forecasts, 2025-2035
- 9.5.6.2. Material breakdown size & forecasts, 2025-2035
- 9.5.6.3. Application breakdown size & forecasts, 2025-2035
- 9.5.6.4. Module breakdown size & forecasts, 2025-2035
- 9.5.1. China Modular Construction Market
- 9.6. Latin America Modular Construction Market
- 9.6.1. Brazil Modular Construction Market
- 9.6.1.1. Type breakdown size & forecasts, 2025-2035
- 9.6.1.2. Material breakdown size & forecasts, 2025-2035
- 9.6.1.3. Application breakdown size & forecasts, 2025-2035
- 9.6.1.4. Module breakdown size & forecasts, 2025-2035
- 9.6.2. Mexico Modular Construction Market
- 9.6.2.1. Type breakdown size & forecasts, 2025-2035
- 9.6.2.2. Material breakdown size & forecasts, 2025-2035
- 9.6.2.3. Application breakdown size & forecasts, 2025-2035
- 9.6.2.4. Module breakdown size & forecasts, 2025-2035
- 9.6.1. Brazil Modular Construction Market
- 9.7. Middle East and Africa Modular Construction Market
- 9.7.1. UAE Modular Construction Market
- 9.7.1.1. Type breakdown size & forecasts, 2025-2035
- 9.7.1.2. Material breakdown size & forecasts, 2025-2035
- 9.7.1.3. Application breakdown size & forecasts, 2025-2035
- 9.7.1.4. Module breakdown size & forecasts, 2025-2035
- 9.7.2. Saudi Arabia (KSA) Modular Construction Market
- 9.7.2.1. Type breakdown size & forecasts, 2025-2035
- 9.7.2.2. Material breakdown size & forecasts, 2025-2035
- 9.7.2.3. Application breakdown size & forecasts, 2025-2035
- 9.7.2.4. Module breakdown size & forecasts, 2025-2035
- 9.7.3. South Africa Modular Construction Market
- 9.7.3.1. Type breakdown size & forecasts, 2025-2035
- 9.7.3.2. Material breakdown size & forecasts, 2025-2035
- 9.7.3.3. Application breakdown size & forecasts, 2025-2035
- 9.7.3.4. Module breakdown size & forecasts, 2025-2035
- 9.7.1. UAE Modular Construction Market
Chapter 10. Competitive Intelligence
- 10.1. Top Market Strategies
- 10.2. Skanska AB
- 10.2.1. Company Overview
- 10.2.2. Key Executives
- 10.2.3. Company Snapshot
- 10.2.4. Financial Performance (Subject to Data Availability)
- 10.2.5. Product/Services Port
- 10.2.6. Recent Development
- 10.2.7. Market Strategies
- 10.2.8. SWOT Analysis
- 10.3. Laing O'Rourke
- 10.4. Bouygues Construction
- 10.5. Katerra Inc.
- 10.6. Larsen & Toubro Limited
- 10.7. Balfour Beatty plc
- 10.8. CIMC Modular Building Systems
- 10.9. ATCO Ltd.
- 10.10. Red Sea International Company
- 10.11. Sekisui House Ltd.
- 10.12. Daiwa House Industry Co., Ltd.
- 10.13. Algeco Group
- 10.14. Guerdon Modular Buildings
- 10.15. NRB Group
- 10.16. Lendlease Corporation
