PUBLISHER: KBV Research | PRODUCT CODE: 1395762
PUBLISHER: KBV Research | PRODUCT CODE: 1395762
LAMEA Modular Construction Market Size, Share & Industry Trends Analysis Report By Product (Permanent, and Relocatable), By Material (Steel, Wood, Concrete, and Others), By Application, By Country and Growth Forecast, 2023 - 2030
The Latin America, Middle East and Africa Modular Construction Market would witness market growth of 8.9% CAGR during the forecast period (2023-2030).
The construction industry, an essential driver of economic growth and urban development, has experienced a paradigm shift in recent years with the emergence of modular construction. This innovative approach to building design and assembly has disrupted traditional construction methods, offering benefits extending from efficiency and cost-effectiveness to sustainability. Modular construction, often off-site or prefabricated, has gained significant traction globally as an alternative to conventional building methods. The adoption of modular construction has been driven by a confluence of factors that address longstanding challenges in the construction industry.
In addition, the primary driver behind the growing adoption of modular construction is its ability to revolutionize construction timelines. Unlike traditional construction, which often faces delays due to weather conditions and sequential on-site processes, modular construction allows for the parallel processing of tasks. The off-site fabrication of modular units occurs concurrently with on-site preparations, significantly reducing the overall construction time. The controlled environment of off-site fabrication minimizes material waste, and the efficiency of the manufacturing process contributes to cost savings. The reduced on-site construction time also translates to lower labor costs and overall project expenses.
In the Middle East, especially in Dubai, there's been an inclination toward prefabricated and modular construction for both residential and commercial purposes. Some developers have utilized modular techniques to construct residential buildings and office spaces to meet the growing demand in the region. As a result of this extensive stakeholder collaboration and the initiative, four new building resource and energy efficiency policies will be implemented in Colombia in 2021, respectively. Presently, policy development is underway in Chile, Costa Rica, El Salvador, and Guatemala, among others. Therefore, growing initiatives and projects related to green construction in the LAMEA region will help expand the regional market.
The Brazil region dominated the LAMEA Modular Construction Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $3,650.9 million by 2030. The Argentina region is showcasing a CAGR of 10.1% during (2023 - 2030). Additionally, The UAE region would register a CAGR of 9.2% during (2023 - 2030).
Based on Product, the market is segmented into Permanent, and Relocatable. Based on Material, the market is segmented into Steel, Wood, Concrete, and Others. Based on Application, the market is segmented into Residential, Commercial, Industrial, Healthcare, and Educational. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Sekisui House, Ltd., LAING O'ROURKE, Red Sea International Company, Skanska Group AB, Premier Modular Limited, KLEUSBERG GmbH & Co. KG, Wernick Group, Lendlease Corporation Limited, Hickory Group and Guerdon, LLC.
Scope of the Study
Market Segments covered in the Report:
By Product
- Permanent
- Relocatable
By Material
- Steel
- Wood
- Concrete
- Others
By Application
- Residential
- Commercial
- Industrial
- Healthcare
- Educational
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Companies Profiled
- Sekisui House, Ltd.
- LAING O'ROURKE
- Red Sea International Company
- Skanska Group AB
- Premier Modular Limited
- KLEUSBERG GmbH & Co. KG
- Wernick Group
- Lendlease Corporation Limited
- Hickory Group
- Guerdon, LLC
Unique Offerings from KBV Research
- Exhaustive coverage
- Highest number of market tables and figures
- Subscription based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 LAMEA Modular Construction Market, by Product
- 1.4.2 LAMEA Modular Construction Market, by Material
- 1.4.3 LAMEA Modular Construction Market, by Application
- 1.4.4 LAMEA Modular Construction Market, by Country
- 1.5 Methodology for the research
Chapter 2. Market at a Glance
- 2.1 Key Highlights
Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.1.1 Overview
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.3 Porter's Five Forces Analysis
Chapter 4. Strategies Deployed in Modular Construction Market
Chapter 5. LAMEA Modular Construction Market by Product
- 5.1 LAMEA Permanent Market by Country
- 5.2 LAMEA Relocatable Market by Country
Chapter 6. LAMEA Modular Construction Market by Material
- 6.1 LAMEA Steel Market by Country
- 6.2 LAMEA Wood Market by Country
- 6.3 LAMEA Concrete Market by Country
- 6.4 LAMEA Others Market by Country
Chapter 7. LAMEA Modular Construction Market by Application
- 7.1 LAMEA Residential Market by Country
- 7.2 LAMEA Commercial Market by Country
- 7.3 LAMEA Industrial Market by Country
- 7.4 LAMEA Healthcare Market by Country
- 7.5 LAMEA Educational Market by Country
Chapter 8. LAMEA Modular Construction Market by Country
- 8.1 Brazil Modular Construction Market
- 8.1.1 Brazil Modular Construction Market by Product
- 8.1.2 Brazil Modular Construction Market by Material
- 8.1.3 Brazil Modular Construction Market by Application
- 8.2 Argentina Modular Construction Market
- 8.2.1 Argentina Modular Construction Market by Product
- 8.2.2 Argentina Modular Construction Market by Material
- 8.2.3 Argentina Modular Construction Market by Application
- 8.3 UAE Modular Construction Market
- 8.3.1 UAE Modular Construction Market by Product
- 8.3.2 UAE Modular Construction Market by Material
- 8.3.3 UAE Modular Construction Market by Application
- 8.4 Saudi Arabia Modular Construction Market
- 8.4.1 Saudi Arabia Modular Construction Market by Product
- 8.4.2 Saudi Arabia Modular Construction Market by Material
- 8.4.3 Saudi Arabia Modular Construction Market by Application
- 8.5 South Africa Modular Construction Market
- 8.5.1 South Africa Modular Construction Market by Product
- 8.5.2 South Africa Modular Construction Market by Material
- 8.5.3 South Africa Modular Construction Market by Application
- 8.6 Nigeria Modular Construction Market
- 8.6.1 Nigeria Modular Construction Market by Product
- 8.6.2 Nigeria Modular Construction Market by Material
- 8.6.3 Nigeria Modular Construction Market by Application
- 8.7 Rest of LAMEA Modular Construction Market
- 8.7.1 Rest of LAMEA Modular Construction Market by Product
- 8.7.2 Rest of LAMEA Modular Construction Market by Material
- 8.7.3 Rest of LAMEA Modular Construction Market by Application
Chapter 9. Company Profiles
- 9.1 Sekisui House, Ltd.
- 9.1.1 Company Overview
- 9.1.2 Financial Analysis
- 9.1.3 Segmental Analysis
- 9.1.4 Research & Development Expenses
- 9.1.5 Recent strategies and developments:
- 9.1.5.1 Product Launches and Product Expansions:
- 9.1.5.2 Acquisition and Mergers:
- 9.1.6 SWOT Analysis
- 9.2 LAING O'ROURKE
- 9.2.1 Company Overview
- 9.2.2 Recent strategies and developments:
- 9.2.2.1 Product Launches and Product Expansions:
- 9.2.3 SWOT Analysis
- 9.3 Red Sea International Company
- 9.3.1 Company Overview
- 9.3.2 Recent strategies and developments:
- 9.3.2.1 Acquisition and Mergers:
- 9.3.3 SWOT Analysis
- 9.4 Skanska Group AB
- 9.4.1 Company Overview
- 9.4.2 Financial Analysis
- 9.4.3 Segmental and Regional Analysis
- 9.4.4 Research & Development Expenses
- 9.4.5 Recent strategies and developments:
- 9.4.5.1 Partnerships, Collaborations, and Agreements:
- 9.4.6 SWOT Analysis
- 9.5 Premier Modular Limited
- 9.5.1 Company Overview
- 9.5.2 SWOT Analysis
- 9.6 KLEUSBERG GmbH & Co. KG
- 9.6.1 Company Overview
- 9.7 Wernick Group
- 9.7.1 Company Overview
- 9.7.2 Recent strategies and developments:
- 9.7.2.1 Acquisition and Mergers:
- 9.8 Lendlease Corporation Limited
- 9.8.1 Company Overview
- 9.8.2 Recent strategies and developments:
- 9.8.2.1 Product Launches and Product Expansions:
- 9.8.3 SWOT Analysis
- 9.9 Hickory Group
- 9.9.1 Company Overview
- 9.10. Guerdon, LLC
- 9.10.1 Company Overview
LIST OF TABLES
- TABLE 1 LAMEA Modular Construction Market, 2019 - 2022, USD Million
- TABLE 2 LAMEA Modular Construction Market, 2023 - 2030, USD Million
- TABLE 3 LAMEA Modular Construction Market by Product, 2019 - 2022, USD Million
- TABLE 4 LAMEA Modular Construction Market by Product, 2023 - 2030, USD Million
- TABLE 5 LAMEA Permanent Market by Country, 2019 - 2022, USD Million
- TABLE 6 LAMEA Permanent Market by Country, 2023 - 2030, USD Million
- TABLE 7 LAMEA Relocatable Market by Country, 2019 - 2022, USD Million
- TABLE 8 LAMEA Relocatable Market by Country, 2023 - 2030, USD Million
- TABLE 9 LAMEA Modular Construction Market by Material, 2019 - 2022, USD Million
- TABLE 10 LAMEA Modular Construction Market by Material, 2023 - 2030, USD Million
- TABLE 11 LAMEA Steel Market by Country, 2019 - 2022, USD Million
- TABLE 12 LAMEA Steel Market by Country, 2023 - 2030, USD Million
- TABLE 13 LAMEA Wood Market by Country, 2019 - 2022, USD Million
- TABLE 14 LAMEA Wood Market by Country, 2023 - 2030, USD Million
- TABLE 15 LAMEA Concrete Market by Country, 2019 - 2022, USD Million
- TABLE 16 LAMEA Concrete Market by Country, 2023 - 2030, USD Million
- TABLE 17 LAMEA Others Market by Country, 2019 - 2022, USD Million
- TABLE 18 LAMEA Others Market by Country, 2023 - 2030, USD Million
- TABLE 19 LAMEA Modular Construction Market by Application, 2019 - 2022, USD Million
- TABLE 20 LAMEA Modular Construction Market by Application, 2023 - 2030, USD Million
- TABLE 21 LAMEA Residential Market by Country, 2019 - 2022, USD Million
- TABLE 22 LAMEA Residential Market by Country, 2023 - 2030, USD Million
- TABLE 23 LAMEA Commercial Market by Country, 2019 - 2022, USD Million
- TABLE 24 LAMEA Commercial Market by Country, 2023 - 2030, USD Million
- TABLE 25 LAMEA Industrial Market by Country, 2019 - 2022, USD Million
- TABLE 26 LAMEA Industrial Market by Country, 2023 - 2030, USD Million
- TABLE 27 LAMEA Healthcare Market by Country, 2019 - 2022, USD Million
- TABLE 28 LAMEA Healthcare Market by Country, 2023 - 2030, USD Million
- TABLE 29 LAMEA Educational Market by Country, 2019 - 2022, USD Million
- TABLE 30 LAMEA Educational Market by Country, 2023 - 2030, USD Million
- TABLE 31 LAMEA Modular Construction Market by Country, 2019 - 2022, USD Million
- TABLE 32 LAMEA Modular Construction Market by Country, 2023 - 2030, USD Million
- TABLE 33 Brazil Modular Construction Market, 2019 - 2022, USD Million
- TABLE 34 Brazil Modular Construction Market, 2023 - 2030, USD Million
- TABLE 35 Brazil Modular Construction Market by Product, 2019 - 2022, USD Million
- TABLE 36 Brazil Modular Construction Market by Product, 2023 - 2030, USD Million
- TABLE 37 Brazil Modular Construction Market by Material, 2019 - 2022, USD Million
- TABLE 38 Brazil Modular Construction Market by Material, 2023 - 2030, USD Million
- TABLE 39 Brazil Modular Construction Market by Application, 2019 - 2022, USD Million
- TABLE 40 Brazil Modular Construction Market by Application, 2023 - 2030, USD Million
- TABLE 41 Argentina Modular Construction Market, 2019 - 2022, USD Million
- TABLE 42 Argentina Modular Construction Market, 2023 - 2030, USD Million
- TABLE 43 Argentina Modular Construction Market by Product, 2019 - 2022, USD Million
- TABLE 44 Argentina Modular Construction Market by Product, 2023 - 2030, USD Million
- TABLE 45 Argentina Modular Construction Market by Material, 2019 - 2022, USD Million
- TABLE 46 Argentina Modular Construction Market by Material, 2023 - 2030, USD Million
- TABLE 47 Argentina Modular Construction Market by Application, 2019 - 2022, USD Million
- TABLE 48 Argentina Modular Construction Market by Application, 2023 - 2030, USD Million
- TABLE 49 UAE Modular Construction Market, 2019 - 2022, USD Million
- TABLE 50 UAE Modular Construction Market, 2023 - 2030, USD Million
- TABLE 51 UAE Modular Construction Market by Product, 2019 - 2022, USD Million
- TABLE 52 UAE Modular Construction Market by Product, 2023 - 2030, USD Million
- TABLE 53 UAE Modular Construction Market by Material, 2019 - 2022, USD Million
- TABLE 54 UAE Modular Construction Market by Material, 2023 - 2030, USD Million
- TABLE 55 UAE Modular Construction Market by Application, 2019 - 2022, USD Million
- TABLE 56 UAE Modular Construction Market by Application, 2023 - 2030, USD Million
- TABLE 57 Saudi Arabia Modular Construction Market, 2019 - 2022, USD Million
- TABLE 58 Saudi Arabia Modular Construction Market, 2023 - 2030, USD Million
- TABLE 59 Saudi Arabia Modular Construction Market by Product, 2019 - 2022, USD Million
- TABLE 60 Saudi Arabia Modular Construction Market by Product, 2023 - 2030, USD Million
- TABLE 61 Saudi Arabia Modular Construction Market by Material, 2019 - 2022, USD Million
- TABLE 62 Saudi Arabia Modular Construction Market by Material, 2023 - 2030, USD Million
- TABLE 63 Saudi Arabia Modular Construction Market by Application, 2019 - 2022, USD Million
- TABLE 64 Saudi Arabia Modular Construction Market by Application, 2023 - 2030, USD Million
- TABLE 65 South Africa Modular Construction Market, 2019 - 2022, USD Million
- TABLE 66 South Africa Modular Construction Market, 2023 - 2030, USD Million
- TABLE 67 South Africa Modular Construction Market by Product, 2019 - 2022, USD Million
- TABLE 68 South Africa Modular Construction Market by Product, 2023 - 2030, USD Million
- TABLE 69 South Africa Modular Construction Market by Material, 2019 - 2022, USD Million
- TABLE 70 South Africa Modular Construction Market by Material, 2023 - 2030, USD Million
- TABLE 71 South Africa Modular Construction Market by Application, 2019 - 2022, USD Million
- TABLE 72 South Africa Modular Construction Market by Application, 2023 - 2030, USD Million
- TABLE 73 Nigeria Modular Construction Market, 2019 - 2022, USD Million
- TABLE 74 Nigeria Modular Construction Market, 2023 - 2030, USD Million
- TABLE 75 Nigeria Modular Construction Market by Product, 2019 - 2022, USD Million
- TABLE 76 Nigeria Modular Construction Market by Product, 2023 - 2030, USD Million
- TABLE 77 Nigeria Modular Construction Market by Material, 2019 - 2022, USD Million
- TABLE 78 Nigeria Modular Construction Market by Material, 2023 - 2030, USD Million
- TABLE 79 Nigeria Modular Construction Market by Application, 2019 - 2022, USD Million
- TABLE 80 Nigeria Modular Construction Market by Application, 2023 - 2030, USD Million
- TABLE 81 Rest of LAMEA Modular Construction Market, 2019 - 2022, USD Million
- TABLE 82 Rest of LAMEA Modular Construction Market, 2023 - 2030, USD Million
- TABLE 83 Rest of LAMEA Modular Construction Market by Product, 2019 - 2022, USD Million
- TABLE 84 Rest of LAMEA Modular Construction Market by Product, 2023 - 2030, USD Million
- TABLE 85 Rest of LAMEA Modular Construction Market by Material, 2019 - 2022, USD Million
- TABLE 86 Rest of LAMEA Modular Construction Market by Material, 2023 - 2030, USD Million
- TABLE 87 Rest of LAMEA Modular Construction Market by Application, 2019 - 2022, USD Million
- TABLE 88 Rest of LAMEA Modular Construction Market by Application, 2023 - 2030, USD Million
- TABLE 89 Key Information - Sekisui House, Ltd.
- TABLE 90 Key Information - LAING O'ROURKE
- TABLE 91 Key Information - Red Sea International Company
- TABLE 92 Key Information - Skanska Group AB
- TABLE 93 Key Information - Premier Modular Limited
- TABLE 94 Key Information - KLEUSBERG GmbH & Co. KG
- TABLE 95 Key Information - Wernick Group
- TABLE 96 Key Information - Lendlease Corporation Limited
- TABLE 97 Key Information - Hickory Group
- TABLE 98 Key Information - Guerdon, LLC
