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Modular & Prefabricated Construction Market Share

  • Report ID: GMI4829
  • Published Date: Feb 2023
  • Report Format: PDF

Modular & Prefabricated Construction Market Share

Some leading modular & prefabricated construction market players include

  • Red Sea International
  • Guerdon, LLC
  • Lendlease Corporation
  • Taisei Corporation
  • Kleusberg GmbH
  • Kiewit Corporation
  • Hickory Group
  • Bouygues Construction

Many of these firms are focusing on strategic contractual agreements to enhance their market position. For instance, in June 2021, Red Sea International, a Saudi Public Joint Stock Company specializing in prefabricated modular buildings, inked a USD 14.1 million deal with Royal Commission for AlUla (RCU), for constructing a turnkey housing complex in AlUla. The contract is inclusive of construction, design, installation, and supply of 150 high-quality fully furnished housing units

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of modular & prefabricated construction surpassed valuation of USD 147 billion in 2022 and is poised to register 6.5% CAGR during 2023 to 2032.

The modular & prefab construction industry from the multi-family residential segment is expected to amass USD 140 billion by 2032, due to its affordability and inclusion of more amenities.

The Asia Pacific modular & prefabricated construction industry is anticipated to observe 7.5% growth through 2032, owing to the strong presence of readily available raw materials and increasing housing demand.

Some key contenders in modular & prefabricated construction business scenario include Skanska, Hickory Group, Guerdon, LLC, Bouygues Construction, DUB0X, Red Sea International, and Taisei Corporation.

Modular & Prefabricated Construction Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 10
  • Tables & Figures: 447
  • Countries covered: 22
  • Pages: 329
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