Market Research Reports Global Modular Construction Market 2018 - 2025
Global Modular Construction Market is
expected to exceed US$ 149.4 Billion by
2025 | CAGR of 7.30%
“Global Modular Construction Market 2018-2025” report provides
the newest industry data and industry future trends, allowing you
to identify the products and end users driving Revenue growth and
profitability. The industry report lists the leading competitors and
provides the insights strategic industry Analysis of the key factors
influencing the market.
Global Modular Construction
Market Overview:
Global Modular Construction
Market to reach USD 149.4
Billion by 2025.
Global Modular Construction
Market valued approximately
USD 85 Billion in 2017 is
anticipated to grow with a
healthy growth rate of more
than 7.30% over the forecast
period 2017-2025. Modular
construction is prefabricated
buildings that are manufactured in a plant. It offers significant advantages compared to conventional
buildings such as cost effective, flexibility, shorter time to completion amongst others.
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The Modular Construction Market is driven by the growth in construction and infrastructure
industries. With the rising industrialization, the need for time saving construction methods are
required, which has widened the scope of modular construction. Modular construction gets rid of
jobsite issues such as access routes and traffic or security and storage of materials. Factories are
typically located next to shipping hubs, aiding the flow of materials while reducing shipping costs. It
is thus, a cost-effective method of prefabricated construction. Furthermore, this kind of construction