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The South Korea construction market is estimated to grow by USD 48.1 billion at a CAGR of 4.37% between 2023 and 2028. The demand for modular houses is surging due to rapid urbanization, housing shortages, and the necessity for affordable housing solutions. This trend fuels market growth as modular construction methods gain traction. Dry construction techniques like prefabrication and off-site construction further drive expansion by enhancing efficiency and speed. Moreover, the rise of smart cities, aimed at advancing urban infrastructure and sustainability, amplifies the need for innovative construction solutions. These factors collectively propel the construction industry forward, fostering a shift towards more adaptable, sustainable, and efficient building practices to meet the evolving demands of urban development worldwide.
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by End-user
8 Customer Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
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