PUBLISHER: Inkwood Research | PRODUCT CODE: 1284966
PUBLISHER: Inkwood Research | PRODUCT CODE: 1284966
The Europe modular construction market is estimated to project a CAGR of 6.65% during the forecast period, 2023-2032. The market growth is accredited to the thriving construction industry predominantly across countries such as Germany, the United Kingdom, and Spain, the surging aging populace, the shortage of skilled labor, and industries' environmental impact.
Germany, Poland, Italy, France, Spain, Belgium, the United Kingdom, and Rest of Europe are evaluated for the Europe modular construction market growth analysis. The Europe modular construction market growth is determined through the analysis of Russia, Belgium, Italy, Poland, Germany, France, the United Kingdom, and the rest of Europe. The market in France provides tremendous potential in terms of the adoption of prefabricated buildings. Timber construction is expanding across all building sectors, ranging from offices and houses to public facilities. In addition, vendors catering to the country's market have also invested in innovative construction methodologies.
Conversely, investments in transport, energy, housing, and tourism infrastructure projects in Italy are anticipated to supplement the industrial output during the forecasting period. Furthermore, significant construction projects have also been initiated in Italy. Wolf System, Damiani-Holz, Wood Beton, and Rubner Gruppe are among the major competitors in the market.
Some of the key firms in the market include: Balfour Beatty PLC, Astron, Berkeley Group (Berkeley Modular), Kleusberg GmbH & Co KG, ACS Actividades de Construccion y Servicios SA, etc.