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Market Research Report
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1025624

Asia-pacific Modular Construction Market Forecast 2021-2028

Published: | Inkwood Research | 150 Pages | Delivery time: 2-3 business days

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Asia-pacific Modular Construction Market Forecast 2021-2028
Published: September 1, 2021
Inkwood Research
Content info: 150 Pages
Delivery time: 2-3 business days
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  • Description
  • Table of Contents
Description

KEY FINDINGS

The Asia-Pacific modular construction market is projected to record a CAGR of 5.27% over the estimated years of 2021 to 2028. The regional market's growth is attributable to factors such as the developments in social infrastructure, the augmenting population base, increasing construction opportunities, and the rising demand for residences across emerging countries.

MARKET INSIGHTS

The Asia-Pacific modular construction market growth assessment entails the evaluation of Japan, Vietnam, India, Indonesia, Thailand, Australia & New Zealand, South Korea, China, and the rest of the Asia-Pacific. Housing a population of 126 million, Japan is characterized as a unique consumption market globally. Moreover, Japan is also the third-largest nation across the world, by nominal gross domestic product (GDP), in addition to being the second-largest developed economy, as well. However, with minimal natural resources to fall back upon, Japan mainly relies on the import of key raw materials in order to cater to the tremendous requirements of industries as well as households.

On the other hand, the market in South Korea possesses a significant growth potential owing to the transitioning outlook of the construction industry, with increased emphasis on modular construction. For instance, in 2018, Samsung C&T's Engineering & Construction Group announced the inauguration of a modular store in Cheonan, South Chungcheong Province, South Korea. It aims to develop the equipment and technology necessitated for high-tech module manufacture. Therefore, these drivers are set to facilitate the modular construction market growth in the Asia-Pacific during the estimated period.

COMPETITIVE INSIGHTS

Some of the leading firms operating in the market are Fleetwood Australia, CIMC Modular Building Systems, Modern Prefab Systems, etc.

Our report offerings include:

  • Explore key findings of the overall market
  • Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
  • Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
  • Market Segmentation cater to a thorough assessment of key segments with their market estimations
  • Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
  • Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
  • Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
  • Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments
Table of Contents
Product Code: 40080

TABLE OF CONTENTS

1. RESEARCH SCOPE & METHODOLOGY

  • 1.1. STUDY OBJECTIVES
  • 1.2. SCOPE OF STUDY
  • 1.3. METHODOLOGY
  • 1.4. ASSUMPTIONS & LIMITATIONS

2. EXECUTIVE SUMMARY

  • 2.1. MARKET SIZE & ESTIMATES
  • 2.2. MARKET OVERVIEW

3. MARKET DYNAMICS

  • 3.1. KEY DRIVERS
    • 3.1.1. ADVANTAGES OVER TRADITIONAL CONSTRUCTION SYSTEMS
    • 3.1.2. URBANIZATION AND INDUSTRIALIZATION IN DEVELOPING COUNTRIES
    • 3.1.3. LABOUR SHORTAGES IN SOME COUNTRIES
  • 3.2. KEY RESTRAINTS
    • 3.2.1. HIGHER COST AND COMPLEXITY IN LOGISTICS
    • 3.2.2. HIGH INITIAL COSTS FOR CONSTRUCTING MANUFACTURING FACILITY
    • 3.2.3. LOWER AWARENESS OF THE TECHNOLOGY

4. KEY ANALYTICS

  • 4.1. IMPACT OF COVID-19 ON MODULAR CONSTRUCTION MARKET
  • 4.2. KEY MARKET TRENDS
  • 4.3. PORTER'S FIVE FORCES ANALYSIS
    • 4.3.1. BUYERS POWER
    • 4.3.2. SUPPLIERS POWER
    • 4.3.3. SUBSTITUTION
    • 4.3.4. NEW ENTRANTS
    • 4.3.5. INDUSTRY RIVALRY
  • 4.4. OPPORTUNITY MATRIX
  • 4.5. VENDOR LANDSCAPE
  • 4.6. VALUE CHAIN ANALYSIS
  • 4.7. PESTLE ANALYSIS
    • 4.7.1. POLITICAL
    • 4.7.2. ECONOMICAL
    • 4.7.3. SOCIAL
    • 4.7.4. TECHNOLOGICAL
    • 4.7.5. ENVIRONMENTAL
    • 4.7.6. LEGAL

5. MARKET BY CONSTRUCTION

  • 5.1. PERMANENT
  • 5.2. RE-LOCATABLE

6. MARKET BY MATERIALS

  • 6.1. STEEL
  • 6.2. CONCRETE
  • 6.3. WOOD
  • 6.4. PLASTIC

7. MARKET BY APPLICATION

  • 7.1. COMMERCIAL
  • 7.2. INDUSTRIAL/INSTITUTIONAL
  • 7.3. RESIDENTIAL

8. GEOGRAPHICAL ANALYSIS

  • 8.1. ASIA-PACIFIC
    • 8.1.1. MARKET SIZE & ESTIMATES
    • 8.1.2. KEY GROWTH ENABLERS
    • 8.1.3. KEY CHALLENGES
    • 8.1.4. KEY PLAYERS
    • 8.1.5. COUNTRY ANALYSIS
      • 8.1.5.1. CHINA
      • 8.1.5.2. JAPAN
      • 8.1.5.3. INDIA
      • 8.1.5.4. SOUTH KOREA
      • 8.1.5.5. INDONESIA
      • 8.1.5.6. THAILAND
      • 8.1.5.7. VIETNAM
      • 8.1.5.8. AUSTRALIA & NEW ZEALAND
      • 8.1.5.9. REST OF ASIA-PACIFIC

9. COMPETITIVE LANDSCAPE

  • 9.1. KEY STRATEGIC DEVELOPMENTS
    • 9.1.1. MERGERS & ACQUISITIONS
    • 9.1.2. PRODUCT LAUNCHES & DEVELOPMENTS
    • 9.1.3. PARTNERSHIPS & AGREEMENTS
    • 9.1.4. BUSINESS EXPANSIONS & DIVESTITURES
  • 9.2. COMPANY PROFILES
    • 9.2.1. ATCO
    • 9.2.2. BOUYGUES CONSTRUCTION
    • 9.2.3. CIMC MODULAR BUILDING SYSTEMS
    • 9.2.4. DEEPBLUE SMART HOUSE
    • 9.2.5. FLEETWOOD AUSTRALIA
    • 9.2.6. LAING O'ROURKE
    • 9.2.7. MODERN PREFAB SYSTEMS
    • 9.2.8. MODULAIRE GROUP
    • 9.2.9. NIKO PREFAB BUILDING SYSTEMS
    • 9.2.10. RED SEA HOUSING

LIST OF TABLES

LIST OF TABLES

  • TABLE 1: MARKET SNAPSHOT - MODULAR CONSTRUCTION
  • TABLE 2: ASIA-PACIFIC MODULAR CONSTRUCTION MARKET, BY CONSTRUCTION, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
  • TABLE 3: ASIA-PACIFIC MODULAR CONSTRUCTION MARKET, BY CONSTRUCTION, FORECAST YEARS, 2021-2028 (IN $ MILLION)
  • TABLE 4: ASIA-PACIFIC MODULAR CONSTRUCTION MARKET, BY MATERIAL, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
  • TABLE 5: ASIA-PACIFIC MODULAR CONSTRUCTION MARKET, BY MATERIAL, FORECAST YEARS, 2021-2028 (IN $ MILLION)
  • TABLE 6: ASIA-PACIFIC MODULAR CONSTRUCTION MARKET, BY APPLICATION, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
  • TABLE 7: ASIA-PACIFIC MODULAR CONSTRUCTION MARKET, BY APPLICATION, FORECAST YEARS, 2021-2028 (IN $ MILLION)
  • TABLE 8: ASIA-PACIFIC MODULAR CONSTRUCTION MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
  • TABLE 9: ASIA-PACIFIC MODULAR CONSTRUCTION MARKET, BY COUNTRY, FORECAST YEARS, 2021-2028 (IN $ MILLION)
  • TABLE 10: LIST OF MERGERS & ACQUISITIONS
  • TABLE 11: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS
  • TABLE 12: LIST OF PARTNERSHIPS & AGREEMENTS
  • TABLE 13: LIST OF BUSINESS EXPANSIONS & DIVESTITURES

LIST OF FIGURES

LIST OF FIGURES

  • FIGURE 1: KEY MARKET TRENDS
  • FIGURE 2: PORTER'S FIVE FORCES ANALYSIS
  • FIGURE 3: OPPORTUNITY MATRIX
  • FIGURE 4: VENDOR LANDSCAPE
  • FIGURE 5: VALUE CHAIN ANALYSIS
  • FIGURE 6: ASIA-PACIFIC MODULAR CONSTRUCTION MARKET, GROWTH POTENTIAL, BY CONSTRUCTION, IN 2020
  • FIGURE 7: ASIA-PACIFIC MODULAR CONSTRUCTION MARKET, BY PERMANENT, 2021-2028 (IN $ MILLION)
  • FIGURE 8: ASIA-PACIFIC MODULAR CONSTRUCTION MARKET, BY RE-LOCATABLE, 2021-2028 (IN $ MILLION)
  • FIGURE 9: ASIA-PACIFIC MODULAR CONSTRUCTION MARKET, GROWTH POTENTIAL, BY MATERIAL, IN 2020
  • FIGURE 10: ASIA-PACIFIC MODULAR CONSTRUCTION MARKET, BY STEEL, 2021-2028 (IN $ MILLION)
  • FIGURE 11: ASIA-PACIFIC MODULAR CONSTRUCTION MARKET, BY CONCRETE, 2021-2028 (IN $ MILLION)
  • FIGURE 12: ASIA-PACIFIC MODULAR CONSTRUCTION MARKET, BY WOOD, 2021-2028 (IN $ MILLION)
  • FIGURE 13: ASIA-PACIFIC MODULAR CONSTRUCTION MARKET, BY PLASTIC, 2021-2028 (IN $ MILLION)
  • FIGURE 14: ASIA-PACIFIC MODULAR CONSTRUCTION MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2020
  • FIGURE 15: ASIA-PACIFIC MODULAR CONSTRUCTION MARKET, BY COMMERCIAL, 2021-2028 (IN $ MILLION)
  • FIGURE 16: ASIA-PACIFIC MODULAR CONSTRUCTION MARKET, BY INDUSTRIAL/INSTITUTIONAL, 2021-2028 (IN $ MILLION)
  • FIGURE 17: ASIA-PACIFIC MODULAR CONSTRUCTION MARKET, BY RESIDENTIAL, 2021-2028 (IN $ MILLION)
  • FIGURE 18: ASIA-PACIFIC MODULAR CONSTRUCTION MARKET, REGIONAL OUTLOOK, 2020 & 2028 (IN %)
  • FIGURE 19: CHINA MODULAR CONSTRUCTION MARKET, 2021-2028 (IN $ MILLION)
  • FIGURE 20: JAPAN MODULAR CONSTRUCTION MARKET, 2021-2028 (IN $ MILLION)
  • FIGURE 21: INDIA MODULAR CONSTRUCTION MARKET, 2021-2028 (IN $ MILLION)
  • FIGURE 22: SOUTH KOREA MODULAR CONSTRUCTION MARKET, 2021-2028 (IN $ MILLION)
  • FIGURE 23: INDONESIA MODULAR CONSTRUCTION MARKET, 2021-2028 (IN $ MILLION)
  • FIGURE 24: THAILAND MODULAR CONSTRUCTION MARKET, 2021-2028 (IN $ MILLION)
  • FIGURE 25: VIETNAM MODULAR CONSTRUCTION MARKET, 2021-2028 (IN $ MILLION)
  • FIGURE 26: AUSTRALIA & NEW ZEALAND MODULAR CONSTRUCTION MARKET, 2021-2028 (IN $ MILLION)
  • FIGURE 27: REST OF ASIA-PACIFIC MODULAR CONSTRUCTION MARKET, 2021-2028 (IN $ MILLION)