North America Modular Construction Market Outlook 2023–2030

Data Bridge Market Research analyses that the market is growing with a CAGR of 6.0% from 2022 to 2030 and is expected to reach USD 20,410,223.24 million by 2030.

Business Apr 29, 2025 18 Add to Reading List

North America Modular Construction Market Outlook 2023–2030

The North America Modular Construction Market sector is undergoing rapid transformation, with significant growth and innovations expected by 2030. In-depth market research offers a thorough analysis of market size, share, and emerging trends, providing essential insights into its expansion potential. The report explores market segmentation and definitions, emphasizing key components and growth drivers. Through the use of SWOT and PESTEL analyses, it evaluates the sector’s strengths, weaknesses, opportunities, and threats, while considering political, economic, social, technological, environmental, and legal influences. Expert evaluations of competitor strategies and recent developments shed light on geographical trends and forecast the market’s future direction, creating a solid framework for strategic planning and investment decisions.

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Report Scope and Market Segmentation

Which are the driving factors of the North America Modular Construction Market?

The driving factors of the North America Modular Construction Market are multifaceted and crucial for its growth and development. Technological advancements play a significant role by enhancing product efficiency, reducing costs, and introducing innovative features that cater to evolving consumer demands. Rising consumer interest and demand for keyword-related products and services further fuel market expansion. Favorable economic conditions, including increased disposable incomes, enable higher consumer spending, which benefits the market. Supportive regulatory environments, with policies that provide incentives and subsidies, also encourage growth, while globalization opens new opportunities by expanding market reach and international trade.

North America Modular Construction Market - Competitive and Segmentation Analysis:

**Segments**

The North America modular construction market is experiencing significant growth and is expected to continue expanding in the forecast period up to 2030. The market can be segmented based on construction, material, product type, and end-user. In terms of construction, the market is divided into permanent modular construction and relocatable modular construction. Permanent modular construction is gaining popularity due to its sustainability, cost-effectiveness, and faster construction times. Relocatable modular construction is also seeing growth, especially in sectors requiring temporary structures such as education and healthcare.

When it comes to materials, the market can be categorized into steel, wood, concrete, and others. Steel modular construction is dominating the market due to its strength, durability, and versatility. Wood modular construction is also gaining traction, particularly in residential and low-rise commercial buildings. Concrete modular construction is witnessing growth in industrial and infrastructure projects.

In product type segmentation, the market includes bathroom pods, kitchenettes, and others. Bathroom pods are in high demand for their off-site fabrication and quick installation benefits. Kitchenettes are also being widely adopted in various construction projects for their convenience and efficiency.

Lastly, in terms of end-users, the market is segmented into residential, commercial, industrial, and infrastructure. The residential sector is the largest consumer of modular construction, driven by the need for affordable housing solutions and the growing trend of off-site construction methods. The commercial sector is also witnessing rapid adoption, especially in office spaces and retail outlets. The industrial and infrastructure segments are increasingly utilizing modular construction for projects requiring speed and efficiency.

**Market Players**

- Skanska AB
- Bouygues Construction
- ACS Group
- Lendlease Corporation
- Red Sea Housing
- KLEUSBERG GmbH & Co. KG
- VINCI
- Algeco
- KEF Katerra
- Laing O'Rourke

The North America modular construction market is propelled by several growth drivers, including the increasing demand for sustainable and energy-efficient construction solutions. Modular construction offers benefits such as reduced material wastage, shorter construction timelines, and lower carbon footprint, aligning with the rising environmental consciousness among consumers and governments. Additionally, the need for affordable housing solutions is driving the adoption of modular construction in residential projects, particularly in urban areas facing housing shortages. The industrial sector is also turning to modular construction for its flexibility and cost-effectiveness, especially in projects requiring rapid deployment and scalability.

However, the market faces challenges such as the perception of lower quality associated with modular construction compared to traditional methods. Overcoming this perception and educating stakeholders about the advancements in modular construction technologies and materials will be crucial for market growth. Additionally, regulatory hurdles and zoning restrictions can pose obstacles to the widespread adoption of modular construction in certain regions. Collaborating with policymakers and industry associations to streamline regulations and promote the benefits of modular construction will be essential for market expansion.

Overall, the North America modular construction market is poised for continued growth, driven by sustainability initiatives, affordable housing needs, and the advantages of off-site construction methods. Market players are focusing on innovation, strategic partnerships, and expanding their product portfolios to capitalize on the growing demand for modular construction solutions.

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Key Benefits for Industry Participants and Stakeholders: –

Industry drivers, trends, restraints, and opportunities are covered in the study.
Neutral perspective on the North America Modular Construction Market scenario
Recent industry growth and new developments
Competitive landscape and strategies of key companies
The Historical, current, and estimated North America Modular Construction Market size in terms of value and size
In-depth, comprehensive analysis and forecasting of the North America Modular Construction Market

Key Questions Answered:

1. What is the North America Modular Construction Market?

2. How big is the North America Modular Construction Market?

3. What is the growth rate of the North America Modular Construction Market?

4. What are the key drivers of the North America Modular Construction Market?

5. Which region dominates the North America Modular Construction Market?

6. Who are the major players in the North America Modular Construction Market?

7. What segments are included in the North America Modular Construction Market?

8. What are the challenges facing the North America Modular Construction Market?

9. What is the future outlook for the North America Modular Construction Market?

10. How can companies benefit from the North America Modular Construction Market?

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