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. Off-site...

The global modular construction market size is expected to reach USD 162.40 billion by 2030, registering a CAGR of 7.5% over the forecast period, according to a new report by Grand View Research, Inc. This growth can be attributed to growing infrastructural development and building activities in developing countries around the globe. Rapid urbanization and industrialization are...

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 changes...