The global modular construction market was valued at $79.92 billion in 2022 and is expected to grow to $131.58 billion by 2030, with a compound annual growth rate (CAGR) of 6.5%. Some say the market will grow to $164.6 billion by 2032, with a CAGR of 6.3%, while others say it will grow to $214.76 billion by 2034, with a CAGR of 7.45%

The market is segmented by region, with Asia Pacific dominating in 2022 with a share of 45.34%. Some key players in the market include Laing O'Rourke (UK), Red Sea Housing (Saudi Arabia), Atco Ltd. (Canada), Skanska AB (Sweden), Modulaire Group (UK), Bechtel Corporation (US), Fluor Corporation (US), Lendlease Corporation (Australia), and Kleusberg GmbH (Germany)

As a PortaQuarters partner, you will have access to all our data via our secure data room. The market is large and getting bigger. We'll keep you abreast of developments, new designs, R&D and much more.