Growing Industrialization is Fueling the Global Modular Construction Market

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Growing Industrialization is Fueling the Global Modular Construction Market

December 22
17:50 2021
Growing Industrialization is Fueling the Global Modular Construction Market
Global Modular Construction Market
According to a new market research report launched by Inkwood Research, the Global Modular Construction Market is progressing at a growth rate of 5.66% during the forecasting years 2021-2028. The market is estimated to attain revenue worth $152371.99 million by 2028.

According to a new market research report launched by Inkwood Research, the Global Modular ConstructionMarket is progressing at a growth rate of 5.66% during the forecasting years 2021-2028. The market is estimated to attain revenue worth $152371.99 million by 2028.

Browse 39 market data Tables and 42 Figures spread over 160 Pages, along with in-depth analysis on the Global Modular Construction Market byConstruction, Materials, Application, & by Geography.

This insightful market research report by Inkwood Research focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. The report covers all the aspects of this comprehensive market by assessing major geographies, and is a valuable asset for the existing players, new entrants, and future investors. The study presents a detailed market analysis, with inputs derived from industry professionals across the value chain.

Global Modular Construction Market Scenario

Presently, modular construction is considered a revolutionary method, widely used in residential and commercial projects. In this regard, the rise in industrialization activities has boosted the demand for modular construction activities, contributing heavily to economic development. This demand is mainly because modular construction has a shorter construction timeline, which lowers the overall costs. As a result, several developing economies are opting for modular construction.

Additionally, increased urbanization in emerging countries due to rising population is another factor supporting the adoption of cost-effective modular construction technologies. Moreover, the fast-paced results have enhanced government investments in construction, boosting the demand for modular construction. Thus, the rise in industrialization and urbanization fuels the growth of the modular construction market across the globe.

However, complexities in logistics, higher cost, and lower awareness impede the global market’s growth to a large extent.

The Global Modular ConstructionMarket report provides data tables and includes charts and graphs for visual analysis.

Request Free Sample Report for Global Modular Construction Market by Construction, Materials, Application, & by Geography: https://www.inkwoodresearch.com/reports/modular-construction-market/#request-free-sample

Market Segmentation

Market by Construction

  • Permanent
  • Re-Locatable

Market by Material

  • Steel
  • Concrete
  • Wood
  • Plastic

Market by Application

  • Commercial
  • Industrial/Institutional
  • Residential

 

Report Highlights

– The report provides a detailed analysis of the current and future market trends to identify the investment opportunities – Market forecasts till 2028, using estimated market values as the base numbers – Key market trends across the business segments, regions, and countries – Key developments and strategies observed in the market – Market dynamics such as drivers, restraints, opportunities, and other trends – In-depth company profiles of key players and upcoming prominent players – Growth prospects among the emerging nations through 2028

 

Companies Profiled

  • ABTECH
  • ALTA-FAB STRUCTURES
  • ART’S WAY MANUFACTURING
  • ASTRON
  • ATCO
  • BOUYGUES CONSTRUCTION
  • CHAMPION HOME BUILDERS
  • CIMC MODULAR BUILDING SYSTEMS
  • CLAYTON HOMES
  • FLEETWOOD AUSTRALIA
  • KOMA MODULAR
  • MODULAIRE GROUP
  • RED SEA HOUSING
  • SKYLINE CHAMPION CORPORATION
  • ZEKELMAN INDUSTRIES

 

Related Reports

GLOBAL BUILDING INSULATION MARKET  – The global building insulation market is estimated to register a growth rate of 3.64% in revenue and 3.35% in volume over the forecast period 2022-2030.

GLOBAL BUILDING AND CONSTRUCTION PLASTICS MARKET – The global market for building and construction plastics is anticipated to grow at a CAGR of 6.67% over the projected period 2019 and 2027.

GLOBAL CELLULAR GLASS MARKET – As per estimates, the global cellular glass market will display a CAGR of 4.45% during the forecasting years 2021-2028.

Media Contact
Company Name: Inkwood Research
Contact Person: Arvind Iyer
Email: Send Email
Phone: 1-(857) 293-0150
Country: United States
Website: https://www.inkwoodresearch.com/

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