Modular Construction Industry Overview The global modular construction market size was estimated at USD 90.79 billion in 2022 and is expected to register a growth of 7.5% over the forecast period. This growth is attributed to the growing demand for affordable housing coupled with the increasing investment in the development of healthcare and commercial infrastructure around the globe....

Introduction to Modular Construction Industry: Modular construction is a process where a building is constructed off-site in a factory-like setting. The building is divided into multiple sections, or modules, that are pre-fabricated and shipped to the construction site. Once the modules arrive at the site, they are assembled on-site using cranes, and the building is completed. Modular...

Introduction to Modular Construction Industry: Modular construction is a process where a building is constructed off-site in a factory-like setting. The building is divided into multiple sections, or modules, that are pre-fabricated and shipped to the construction site. Once the modules arrive at the site, they are assembled on-site using cranes, and the building is completed. Modular...

U.S. Modular Construction Industry The U.S. modular construction market size is expected to reach USD 19.17 billion by 2030, growing at a CAGR of 7.8% from 2023 to 2030, according to a new report by Grand View Research, Inc. This is owing to the growing adoption of off-set building practices in the U.S. construction industry. The U.S. construction industry is witnessing rapid...