PUBLISHER: Market Research Future | PRODUCT CODE: 2152974
PUBLISHER: Market Research Future | PRODUCT CODE: 2152974
The Residential Modular Construction Market is projected to reach USD 2,862.0 million by 2035, growing at a CAGR of 4.5% during the forecast period from 2025 to 2035. Rising demand for cost-effective, time-efficient, and sustainable housing solutions is expected to support market expansion.
Housing Shortages and Affordability Pressures
The persistent housing shortage and increasing construction costs in the U.S. are the main factors prompting developers to look into modular residential construction. This solution meets the need for quicker housing expansion methods at lower costs. Modular factories enable labour cost savings, materials are utilized efficiently, hence generating less waste, and construction time is significantly reduced. Therefore, modular construction has gained popularity in the affordable housing and multifamily sectors.
Segment-wise Market Analysis
By Construction Type
By Construction Method
By Material
By Housing Type
By Building Height
By Project Type
ATCO Structures Secures Major Modular Housing Contract
In October, 2025, ATCO Structures signed a $179 million contract with Perpetua Resources whereby a workforce housing facility for 1,052 people will be provided at the Stibnite Gold Project in the USA as a result of modular methods of construction. The contract reflects ATCO's increasing strength in the US market and the success of its deliveries in the form of modular housing of the large scale especially for industrial operations located in remote areas.
Affordable Housing as a Growth Opportunity
Modular residential construction is going through a growth phase in the U.S., partly because of affordable housing programs initiated by the governments. These housing programs aim to find a cost-saving way to avert the crisis of chronic housing shortage. It is through these very features of the modular housing method the speed of the construction, the minimization of the material waste and the design uniformity that the opportunities emerge for spreading affordable housing over several locations.
Key Report Attributes
Industry Segmentations Growth