North America Modular Construction Market: Estimation, Dynamics, Regional Share, Trends, Competitor Analysis (2017-2021) and Forecast (2022-2028)

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North America Modular Construction Market: By Type (Permanent, Relocatable), By Material (Steel, Concrete, Wood), By Module (Four-sided, Open-sided, Mixed modules & floor cassettes, Others), By End User (Residential, Retail & Commercial, Education, Healthcare, Hospitality) and Country

 

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Report

Description

North America Modular Construction Market size is valued at USD million in 2021 and is expected to reach a value of USD million by 2028, growing at a CAGR of 7.3% during the forecast period 2022 to 2028. The North America market provides a detailed overview of the market and that can be segmented by type, material, module, and end-user. By type, the modular construction market has been segmented into permanent and relocatable. The permanent segment is likely to be the largest and fastest-growing segment in terms of type. By material, the market is segmented into steel, concrete, and wood. Concrete held a considerable market share during the estimated period. Based on module, the modular construction market is segmented into four-sided, open-sided, mixed modules & floor cassettes, and others.  Among these, the four-sided segment is expected to have the fastest-growing market during the forecast period 2022-2028. On the basis of end-users, the market is segregated into residential, retail & commercial, education, healthcare, and hospitality. The residential segment is likely to be the largest and fastest-growing segment in the market.

Key Developments:

In January 2018, in a Series D fundraising round spearheaded by SoftBank, Katerra raised USD 865 million.

North America Modular Construction Market

MARKET SUMMARY
-
7.3%
  • Study Period– 2022 – 2028
  • Base Year– 2021
  • CAGR– 7.3%

North America Modular Construction Market

  • The north america modular construction market report gives comprehensive outlook across the region with special emphasis on key regions such as USA, Canada.
  • The north america modular construction market is segmented based on by type, by material, by module, by end user and geography.
Key Players
  • Modular Solutions Inc.
  • ZModular
  • Plant Prefab
  • KCON
  • ATCO
North America Modular Construction Market Drivers

Rising demand for prefabricated building structures, as well as a growing focus on reducing overall construction cost and time, are driving the modular construction industry in North America. Furthermore, the expanding number of infrastructure projects, such as healthcare facilities, corporate structures, contemporary housing centers, educational institutes, and so on, is propelling the market growth. In addition, rising environmental concerns over increased carbon emissions from traditional construction methods are driving demand for modular construction in the region.


North America Modular Construction Market

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Features of the Report

  • The modular construction market report provides granular level information about the market size, regional market share, historic market (2017-2021) and forecast (2022-2028)
  • The modular construction market report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The modular construction market report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The modular construction market report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The modular construction market report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
North America Modular Construction Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

The CAGR of the North America Modular Construction Market is 7.3% over the forecast period (2022 – 2028)

The major players in the North America modular construction market are Modular Solutions Inc., Carolina Modular Buildings, Westchester Modular Homes, HUNTINGTON HOMES, Plant Prefab, Dvele, Icon Legacy Custom Modular Homes, LLC, ZModular, Creative Modular Buildings, Inc., KCON and ATCO.


Report

Table Of Content

1. Executive Summary
2. North America Modular Construction Market Introduction
2.1. North America Modular Construction Market – Taxonomy
2.2. North America Modular Construction Market –Definitions
2.2.1. By Type
2.2.2. By Material
2.2.3. By Module
2.2.4. By End User
2.2.5. By Country
3. North America Modular Construction Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. North America Modular Construction Market Dynamic Factors – Impact Analysis
3.6. North America Modular Construction Market – Competition Landscape
4. North America Modular Construction Market Analysis, 2017-2021 and Forecast, 2022-2028
4.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)
4.3. Market Opportunity Analysis
5. North America Modular Construction Market, By Type, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
5.1. Permanent
5.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.3. Market Opportunity Analysis
5.2. Relocatable
5.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.2.3. Market Opportunity Analysis
6. North America Modular Construction Market, By Material, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
6.1. Steel
6.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.1.3. Market Opportunity Analysis
6.2. Wood
6.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.2.3. Market Opportunity Analysis
6.3. Concrete
6.3.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.3.3. Market Opportunity Analysis
7. North America Modular Construction Market, By Module, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.1. Four- Sided
7.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.1.3. Market Opportunity Analysis
7.2. Open- Sided
7.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.3. Market Opportunity Analysis
7.3. Sales Mixed modules & floor cassettes
7.3.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.3.3. Market Opportunity Analysis
7.4. Others
7.4.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.4.3. Market Opportunity Analysis
8. North America Modular Construction Market, By End User, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
8.1. Residential
8.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.1.3. Market Opportunity Analysis
8.2. Retail & Commercial
8.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.2.3. Market Opportunity Analysis
8.3. Education
8.3.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.3.3. Market Opportunity Analysis
8.4. Healthcare
8.4.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.4.3. Market Opportunity Analysis
8.5. Hospitality
8.5.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
8.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.5.3. Market Opportunity Analysis
9. North America Modular Construction Market Forecast, By Country, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
9.1. U.S.
9.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
9.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.1.3. Market Opportunity Analysis
9.2. Canada
9.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
9.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.2.3. Market Opportunity Analysis
9.3. North America Modular Construction Market – Opportunity Analysis Index, By Type, Material, Module, End User, and Region, 2022-2028
10. U.S. Modular Construction Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
10.1. Type Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.1.1. Permanent
10.1.2. Relocatable
10.2. Material Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.2.1. Steel
10.2.2. Concrete
10.2.3. Wood
10.3. Module Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.3.1. Four-sided
10.3.2. Open-sided
10.3.3. Mixed modules & floor cassettes
10.3.4. Others
10.4. End User Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.4.1. Residential
10.4.2. Retail & Commercial
10.4.3. Education
10.4.4. Healthcare
10.4.5. Hospitality
10.5. U.S. Modular Construction Market – Opportunity Analysis Index, By Type, Material, Module, End User, 2022-2028
10.6. North America Modular Construction Market Dynamics – Trends
11. Canada Modular Construction Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
11.1. Type Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.1.1. Permanent
11.1.2. Relocatable
11.2. Material Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.2.1. Steel
11.2.2. Concrete
11.2.3. Wood
11.3. Module Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.3.1. Four-sided
11.3.2. Open-sided
11.3.3. Mixed modules & floor cassettes
11.3.4. Others
11.4. End User Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.4.1. Residential
11.4.2. Retail & Commercial
11.4.3. Education
11.4.4. Healthcare
11.4.5. Hospitality
11.5. Canada Modular Construction Market – Opportunity Analysis Index, By Type, Material, Module, End User, and Country, 2022-2028
11.6. Canada Modular Construction Market Dynamics – Trends
12. Competition Landscape 
12.1. Strategic Dashboard of Top Market Players
12.2. Company Profiles (Introduction, Financial Analysis, Key Service Types, Key Developments, Strategies, and SWOT Analysis)
12.2.1. Modular Solutions Inc.
12.2.2. Carolina Modular Buildings
12.2.3. Westchester Modular Homes
12.2.4. HUNTINGTON HOMES
12.2.5. Plant Prefab
12.2.6. Dvele
12.2.7. Icon Legacy Custom Modular Homes, LLC
12.2.8. ZModular
12.2.9. Creative Modular Buildings, Inc.
12.2.10. KCON
12.2.11. ATCO
13. Research Methodology
14. Key Assumptions and Acronyms

Report

Company Profile

  • Modular Solutions Inc.
  • Carolina Modular Buildings
  • Westchester Modular Homes
  • HUNTINGTON HOMES
  • Plant Prefab
  • Dvele
  • Icon Legacy Custom Modular Homes, LLC
  • ZModular
  • Creative Modular Buildings, Inc.
  • KCON
  • ATCO

Description

North America Modular Construction Market size is valued at USD million in 2021 and is expected to reach a value of USD million by 2028, growing at a CAGR of 7.3% during the forecast period 2022 to 2028. The North America market provides a detailed overview of the market and that can be segmented by type, material, module, and end-user. By type, the modular construction market has been segmented into permanent and relocatable. The permanent segment is likely to be the largest and fastest-growing segment in terms of type. By material, the market is segmented into steel, concrete, and wood. Concrete held a considerable market share during the estimated period. Based on module, the modular construction market is segmented into four-sided, open-sided, mixed modules & floor cassettes, and others.  Among these, the four-sided segment is expected to have the fastest-growing market during the forecast period 2022-2028. On the basis of end-users, the market is segregated into residential, retail & commercial, education, healthcare, and hospitality. The residential segment is likely to be the largest and fastest-growing segment in the market.

Key Developments:

In January 2018, in a Series D fundraising round spearheaded by SoftBank, Katerra raised USD 865 million.

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