The latest report by IMARC Group, titled “GCC Modular Construction Market Report by Type (Permanent, Relocatable), Module Type (Four Sided, Open Sided, Partially Open Sided, Mixed Modules and Floor Cassettes, Modules Supported by a Primary Structure, and Others), Material (Steel, Concrete, Wood, Plastic, and Others), End Use (Residential, Commercial, Education, Retail, Hospitality,...

The market size of the Modular Construction Market size industry was estimated at USD 91.2 billion in 2022. It is projected to witness substantial growth, reaching USD 143.17 billion by 2030, with a compound annual growth rate (CAGR) of 5.8% during the forecast period from 2023 to 2030. Modular Construction, a rapidly expanding sector, has gained significant traction in...

  Modular construction is suitably enabling the construction industry to embrace superior innovation and sustainable infrastructure development practices. This method is time-efficient, eco-friendlier, and cost-effective, thus enhancing overall proactivity in the global construction industry. Modular buildings offer numerous benefits, such as reduced time consumption, structural stability,...

  The global modular construction market size is USD 82.30 billion in 2020 and is expected to grow till USD 139.03 billion by 2029, at a Compounded annual growth rate (CAGR) of 6.20% The global “Modular Construction Market Size” is expected to rise with an impressive CAGR and generate the highest revenue by 2030. Exactitude Consultancy in its Latest News, Updates & Trend...