Global and United States Modular Building Market Report & Forecast 2022-2028

The Modular Building industry can be broken down into several segments, Commercial Building, Industrial Building, etc.Modular buildings and modular homes are prefabricated buildings or houses that consist of repeated sections called modules. "Modular" is a construction method that involves constructing sections away from the building site, then delivering them to the intended site. Installation of the prefabricated sections is completed on site. Prefabricated sections are sometimes placed using a crane. The modules can be placed side-by-side, end-to-end, or stacked, allowing a variety of configurations and styles.
Market Analysis and Insights: Global and United States Modular Building Market
This report focuses on global and United States Modular Building market, also covers the segmentation data of other regions in regional level and county level.
Due to the COVID-19 pandemic, the global Modular Building market size is estimated to be worth US$ 121260 million in 2022 and is forecast to a readjusted size of US$ 162500 million by 2028 with a CAGR of 5.0% during the review period. Fully considering the economic change by this health crisis, by Type, Stationary Tiny House accounting for % of the Modular Building global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Application, Residential was the leading segment, accounting for over percent market share in 2021, and altered to an % CAGR throughout this forecast period.
Modular buildings have many advantages over traditional buildings. First of all, the production of modular building units is completed in the factory, during which it will not be affected by the weather, and the probability of worker injuries is greatly reduced. Second, the life cycle cost of modular buildings is low. Finally, the modular building has a high degree of flexibility, and it can be flexibly modified even if customer needs change.
Modular buildings are widely used in homes, businesses and industries. Among them, the most widely used in the residential field, accounting for 62% of the total market. Followed by Commercial and industries, accounting for 31% and 5.9% of the total market, respectively.
The market for modular buildings is mainly concentrated in North America and Europe, accounting for 43% and 29.% of the total market in 2019, followed by Asia Pacific. Due to China's consumption habits, the consumption of modular buildings is relatively small, but China is a very promising market. In the future, where the advantages of modular buildings are increasingly prominent, the market share will be further increased.
Global Modular Building Scope and Market Size
Modular Building market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global Modular Building market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
For United States market, this report focuses on the Modular Building market size by players, by Type and by Application, for the period 2017-2028. The key players include the global and local players, which play important roles in United States.
Segment by Type
Stationary Tiny House
Mobile Tiny House
Segment by Application
Residential
Commercial
Industrial
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
By Company
ALHO Systembau GmbH
Atco
Skyline Champion Corporation
Horizon North Logistics
Cavco Industries, Inc
Clayton Homes
Daiwa House
Portakabin
Seikisui House
Vinci
Red Sea Housing
Fleetwood Australia
Kleusberg
Laing O’rourke

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