What You Need To Know In 2021 About Modular Construction Market (Worth $108.8 Billion By 2025)
The global modular construction market size is projected to grow from USD 82.3 billion in 2020 to USD 108.8 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 5.75% during the forecast year. The construction industry witnessed a significant change with the introduction of prefabricated technology, as it allows building more structures with reduced time and cost, as compared to the conventional...
Modular Construction Market worth $108.8 billion by 2025 (At a CAGR 5.75%)
The report “Modular Construction Market by Type (Permanent, Relocatable), Material (Steel, Concrete, Wood), Modules, End-Use (Residential, Retail & Commercial, Education, Healthcare, Office, Hospitality), and Region – Global Forecast to 2025“, The global modular construction market size is projected to grow from USD 82.3 billion in 2020 to USD 108.8 billion by 2025, at a...
In-depth Analysis of the COVID-19 Impact on Modular Construction Market (Global Forecast to 2023)
The modular construction market was valued at USD 106.15 billion in 2017 and is projected to reach USD 157.19 billion by 2023, at a CAGR of 6.9% during the forecast period. Additionally, the market is expected to reach 1.50 billion square feet by 2023, at a CAGR of 6.37%. The report aims at estimating the market size and growth potential of the market across different segments based on type,...