Enjoy complimentary customisation on priority with our Enterprise License!
The US modular construction market size is forecast to increase by USD 7.37 billion, at a CAGR of 6.78% between 2023 and 2028. The market is experiencing significant growth, driven by several key trends and challenges. On-site constraints, such as limited space and labor shortages, are driving the adoption of modular construction as an alternative solution for building custom-made facilities with minimum budgets. Additionally, increasing awareness of the benefits of modular construction, including reduced construction time and improved sustainability, is further fueling market growth. However, volatile input costs, particularly in raw materials and transportation, pose a significant challenge to market participants. Despite these challenges, the modular construction market in the US is expected to continue its growth trajectory, driven by the increasing demand for cost-effective, efficient, and customizable construction solutions.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Type
8 Customer Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.
Get the report (PDF) sent to your email within minutes.