The Infinium Global Research analyzes the Modular Construction Market over the period of 2019 to 2025. This report also provides detailed qualitative and quantitative analyses of the market dynamics, market size and future trends in global modular construction market. It will help a lot of decision makers to develop strategies and find new opportunities in the global markets of modular construction. The report covers market changing aspects including drivers, restraints, opportunities, and trends expected to encouragement the expansion of the modular construction market during the period. The global modular construction market is projected to grow at a CAGR of 8.2% over the forecast period of 2019-2025.
“We are Now Including the Impact Analysis of the COVID-19 on this Premium Report and the Forecast Period of this Report shall be Revised to 2020-2026.” The Section on the Impact of COVID-19 on this Market is Included in the Report for Free. To Know More Request Sample of this Report: https://www.infiniumglobalresearch.com/reports/sample-request/13074
Growth of the Global Modular Construction Market Driven by Growth in Infrastructure Investment and Rapidly Expanding Construction Sector
The growth of the global modular construction market driven by growth in infrastructure investment and rapidly expanding construction sector. Additionally, the growing demand of modular constructed buildings from institutional, healthcare, industries, and commercial sectors is likely to have positive impact on the market growth. Furthermore, modular construction has several advantages over traditional systems includes cost-effectiveness, less materials waste, safer construction, and improved quality control is propelling the growth of the global modular construction market. Moreover, supportive government regulations and policies is also augmenting the market growth. However, lack of transportation service is expected to restraints the growth of modular construction market. Furthermore, growing inclination toward sustainable construction methods offers growth opportunities for the market.
Segmentation of the Modular Construction Industry
The report on global modular construction market has been broadly classified into the type, material, and end-use sector. Based on type, the market is further bifurcated permanent and relocatable. The permanent segment is anticipated to hold maximum share in the market owing its numerous advantages such as saves labor and time and its cost-effective nature. The material type is further sub-segmented into steel, precast concrete, wood, and plastic. By end-use sector, the global modular construction market is divided into housing, education, commercial, healthcare and industrial.
Enquire here Get Customization & Check Discount for Report @ https://www.infiniumglobalresearch.com/reports/request-discount/13074
Asia Pacific is Expected to Hold a Significant Share in the Global Modular Construction Market
Geographically, the global modular construction market is segmented into North America, Europe, Asia Pacific and RoW. Asia Pacific is expected to hold a significant share in the global modular construction market. The growth of this region is attributed owing to expanding support from the government, rapid growth in industrialization and the rising demand for eco-friendly construction. China is anticipated to be the major market for modular construction in the region. North America is the second-largest region for the modular construction market owing to increasing inclination towards green buildings. The increasing awareness regarding cost-benefit and energy-saving construction are triggering the growth Europe region.
Key Players in the Modular Construction Market
The global Modular Construction Market comprises with the players such Cimc Modular Building Systems Holding, Lendlease Group, KEF Katerra, KLEUSBERG GmbH & Co. KG, Algeco Group, Skanska AB, Vinci SA, Bouygues S.A, ATCO, Red Sea International and Laing O’Rourke.
Browse Detailed TOC and Description of this Exclusive Report@ https://www.infiniumglobalresearch.com/industry-automation/global-modular-construction-market
Reasons to Buy this Report:
- Comprehensive analysis of global as well as regional markets of the Modular Construction.
- Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2025.
- Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
- Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.