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Market Research Report
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1025627

Canada Modular Construction Market Forecast 2021-2026

Published: | Inkwood Research | 110 Pages | Delivery time: 2-3 business days

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Canada Modular Construction Market Forecast 2021-2026
Published: September 1, 2021
Inkwood Research
Content info: 110 Pages
Delivery time: 2-3 business days
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  • Description
  • Table of Contents
Description

KEY FINDINGS

The Canada modular construction market is evaluated to register a CAGR of 5.27% during forecasting years. Factors such as the increasing investor interest in the real estate sector, the establishment of special economic zones, and fast-paced urbanization rates are ascribed to the market growth of the country. The base year considered for the market study is 2020, and the estimated period is from 2021 to 2026.

MARKET INSIGHTS

With over 20% of the construction workforce in Canada retiring over the next ten years, the industry seeks creative and technically adept personnel to establish the connected communities of the future. In addition to technological developments such as drones, artificial intelligence (AI), and exoskeletons, innovation is widespread across the country's project delivery models. As a result, the impact is predicted to be profound, leading to minimized waste, 'smart' facilities contributing to energy, and increased durability.

In 2020, Canada's government launched a 'Rapid Housing Initiative' through the Canadian Mortgage Housing Corporation. It is a $1 billion-dollar program, utilizing only modular construction in order to rapidly build cost-effective and affordable housing for citizens. Similarly, Toronto proposed to build 1,000 modular homes by 2030, as well. Furthermore, the COVID-19 pandemic has also resulted in an urgent need for modules for schools as well as medical facilities. Therefore, the aforementioned factors are expected to propel the modular construction market growth in Canada during the forecasted period.

COMPETITIVE INSIGHTS

Some of the key companies operating in the country are Alta-Fab Structures, Atco Ltd, Champion Home Builders, 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: 40065

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. COUNTRY SNAPSHOT
  • 2.3. COUNTRY ANALYSIS
  • 2.4. KEY GROWTH ENABLERS
  • 2.5. KEY CHALLENGES

3. KEY ANALYTICS

  • 3.1. IMPACT OF COVID-19 ON CANADA MODULAR CONSTRUCTION MARKET
  • 3.2. KEY MARKET TRENDS
  • 3.3. PORTER'S FIVE FORCES ANALYSIS
    • 3.3.1. BUYERS POWER
    • 3.3.2. SUPPLIERS POWER
    • 3.3.3. SUBSTITUTION
    • 3.3.4. NEW ENTRANTS
    • 3.3.5. INDUSTRY RIVALRY
  • 3.4. OPPORTUNITY MATRIX
  • 3.5. REGULATORY FRAMEWORK
  • 3.6. VALUE CHAIN ANALYSIS
  • 3.7. PESTLE ANALYSIS

4. MARKET BY CONSTRUCTION

  • 4.1. PERMANENT
  • 4.2. RE-LOCATABLE

5. MARKET BY MATERIALS

  • 5.1. STEEL
  • 5.2. CONCRETE
  • 5.3. WOOD
  • 5.4. PLASTIC

6. MARKET BY APPLICATION

  • 6.1. COMMERCIAL
  • 6.2. INDUSTRIAL/INSTITUTIONAL
  • 6.3. RESIDENTIAL

7. COMPETITIVE LANDSCAPE

  • 7.1. KEY STRATEGIC DEVELOPMENTS
    • 7.1.1. MERGERS & ACQUISITIONS
    • 7.1.2. PRODUCT LAUNCHES & DEVELOPMENTS
    • 7.1.3. PARTNERSHIPS & AGREEMENTS
    • 7.1.4. BUSINESS EXPANSIONS AND DIVESTITURES
  • 7.2. COMPANY PROFILES
    • 7.2.1. ALTA-FAB STRUCTURES
    • 7.2.2. ATCO
    • 7.2.3. CHAMPION HOME BUILDERS
    • 7.2.4. NRB MODULAR SOLUTIONS
    • 7.2.5. STACK MODULAR

LIST OF TABLES

LIST OF TABLES

  • TABLE 1: MARKET SNAPSHOT - CANADA MODULAR CONSTRUCTION
  • TABLE 2: REGULATORY FRAMEWORK
  • TABLE 3: CANADA MODULAR CONSTRUCTION MARKET, BY CONSTRUCTION, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
  • TABLE 4: CANADA MODULAR CONSTRUCTION MARKET, BY CONSTRUCTION, FORECAST YEARS, 2021-2026 (IN $ MILLION)
  • TABLE 5: CANADA MODULAR CONSTRUCTION MARKET, BY MATERIAL, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
  • TABLE 6: CANADA MODULAR CONSTRUCTION MARKET, BY MATERIAL, FORECAST YEARS, 2021-2026 (IN $ MILLION)
  • TABLE 7: CANADA MODULAR CONSTRUCTION MARKET, BY APPLICATION, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
  • TABLE 8: CANADA MODULAR CONSTRUCTION MARKET, BY APPLICATION, FORECAST YEARS, 2021-2026 (IN $ MILLION)
  • TABLE 9: LIST OF MERGERS & ACQUISITIONS
  • TABLE 10: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS
  • TABLE 11: LIST OF PARTNERSHIPS & AGREEMENTS
  • TABLE 12: 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: VALUE CHAIN ANALYSIS
  • FIGURE 5: CANADA MODULAR CONSTRUCTION MARKET, GROWTH POTENTIAL, BY CONSTRUCTION, IN 2020
  • FIGURE 6: CANADA MODULAR CONSTRUCTION MARKET, BY PERMANENT, 2021-2026 (IN $ MILLION)
  • FIGURE 7: CANADA MODULAR CONSTRUCTION MARKET, BY RE-LOCATABLE, 2021-2026 (IN $ MILLION)
  • FIGURE 8: CANADA MODULAR CONSTRUCTION MARKET, GROWTH POTENTIAL, BY MATERIAL, IN 2020
  • FIGURE 9: CANADA MODULAR CONSTRUCTION MARKET, BY STEEL, 2021-2026 (IN $ MILLION)
  • FIGURE 10: CANADA MODULAR CONSTRUCTION MARKET, BY CONCRETE, 2021-2026 (IN $ MILLION)
  • FIGURE 11: CANADA MODULAR CONSTRUCTION MARKET, BY WOOD, 2021-2026 (IN $ MILLION)
  • FIGURE 12: CANADA MODULAR CONSTRUCTION MARKET, BY PLASTIC, 2021-2026 (IN $ MILLION)
  • FIGURE 13: CANADA MODULAR CONSTRUCTION MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2020
  • FIGURE 14: CANADA MODULAR CONSTRUCTION MARKET, BY COMMERCIAL, 2021-2026 (IN $ MILLION)
  • FIGURE 15: CANADA MODULAR CONSTRUCTION MARKET, BY INDUSTRIAL/INSTITUTIONAL, 2021-2026 (IN $ MILLION)
  • FIGURE 16: CANADA MODULAR CONSTRUCTION MARKET, BY RESIDENTIAL, 2021-2026 (IN $ MILLION)