DUBLIN--(BUSINESS WIRE)--The "Global Modular Construction Market 2021-2025" report has been added to ResearchAndMarkets.com's offering.
The global modular construction market is projected to grow by $27.01 billion during 2021-2025, accelerating at a CAGR of 6.40% during the forecast period.
This report provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment.
The market is driven by the rising demand to eliminate on-site constraints and the adoption of lean manufacturing techniques. The study identifies the reduced construction time as one of the prime reasons driving the modular construction market growth during the next few years.
The modular construction industry is segmented as below:
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By Type
- Permanent
- Relocatable
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By Geographic
- North America
- Europe
- APAC
- MEA
- South America
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading modular construction market vendors that include:
- ATCO Ltd.
- Bechtel Corp.
- Design Space Modular Buildings Inc.
- Fluor Corp.
- KLEUSBERG GmbH and Co KG
- Laing O Rourke
- Lendlease Corp.
- Modulaire Group
- Red Sea International Co
- Skanska AB
Also, the modular construction market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
For more information about this report visit https://www.researchandmarkets.com/r/59uo49