Search for a report

NORTH AMERICA MODULAR CONSTRUCTION MARKET FORECAST 2021-2028

  • You are here:
  • Home
  • Downloads
  • NORTH AMERICA MODULAR CONSTRUCTION MARKET FORECAST 2021-2028

NORTH AMERICA MODULAR CONSTRUCTION MARKET FORECAST 2021-2028

The North America modular construction market is forecasted to grow with a CAGR of 6.52% during the forecasting years of 2021 to 2028. Factors such as consumers’ preference for green buildings, the increasing need for cost and time savings, as well as continued investments in commercial real estate are primarily associated with the regional market’s growth.

NORTH AMERICA MODULAR CONSTRUCTION MARKET FORECAST 2021-2028

North America Modular Construction Market by Construction (Permanent, Re-locatable) Market by Materials (Steel, Concrete, Wood, Plastic) Market by Application (Commercial, Industrial/institutional, Residential) by Geography

Request free sample

The North America modular construction market is forecasted to grow with a CAGR of 6.52% during the forecasting years of 2021 to 2028. Factors such as consumers’ preference for green buildings, the increasing need for cost and time savings, as well as continued investments in commercial real estate are primarily associated with the regional market’s growth.north-america-modular-construction-market

To learn more about this report, request a free sample copy

The North America modular construction market growth evaluation entails the detailed assessment of the United States and Canada. Modular construction accounts for nearly 20% of the United States’ overall construction projects. The rising awareness of construction wastage and its impact on the environment encourages the adoption of green buildings globally. This factor is anticipated to bolster the market, predominantly in developed regions such as the United States. However, the volatility in transportation charges may limit the nation’s market growth.

Moreover, with retirements draining talent, the skilled labor shortage is a major problem across the United States. In this regard, according to industry sources, approximately 41% of the current construction workforce in the country is estimated to retire by the next decade. The productivity of numerous construction activities has decelerated owing to the dearth of labor, as well. As a result, enterprises are anticipated to use prefabricated construction in order to complete the projects quicker. Therefore, these drivers are set to facilitate the market growth in North America over the forecasted period.

Abtech, headquartered in the United States, is one of the leading firms in the modular buildings market. It manufactures, designs, builds, and installs custom and modular turnkeys, environmentally controlled modular classrooms such as softwall and hardwall classrooms with humidity and temperature control and cleanroom levels. The company caters to several industries like biotech cleanrooms, pharmaceutical cleanrooms, and optical cleanrooms, among others.

To request a free sample copy of this report, please complete the form below:

We offer 10% free customization including country-level data, niche applications and competitive landscape with every report.


    1. RESEARCH SCOPE & METHODOLOGY
      • STUDY OBJECTIVES
      • SCOPE OF STUDY
      • METHODOLOGY
      • ASSUMPTIONS & LIMITATIONS
    2. EXECUTIVE SUMMARY
      • MARKET SIZE & ESTIMATES
      • MARKET OVERVIEW
    3. MARKET DYNAMICS
      • KEY DRIVERS
        • ADVANTAGES OVER TRADITIONAL CONSTRUCTION SYSTEMS
        • URBANIZATION AND INDUSTRIALIZATION IN DEVELOPING COUNTRIES
        • LABOUR SHORTAGES IN SOME COUNTRIES
      • KEY RESTRAINTS
        • HIGHER COST AND COMPLEXITY IN LOGISTICS
        • HIGH INITIAL COSTS FOR CONSTRUCTING MANUFACTURING FACILITY
        • LOWER AWARENESS OF THE TECHNOLOGY
    1. KEY ANALYTICS
      • IMPACT OF COVID-19 ON MODULAR CONSTRUCTION MARKET
      • KEY MARKET TRENDS
      • PORTER’S FIVE FORCES ANALYSIS
        • BUYERS POWER
        • SUPPLIERS POWER
        • SUBSTITUTION
        • NEW ENTRANTS
        • INDUSTRY RIVALRY
      • OPPORTUNITY MATRIX
      • VENDOR LANDSCAPE
      • VALUE CHAIN ANALYSIS
      • PESTLE ANALYSIS
        • POLITICAL
        • ECONOMICAL
        • SOCIAL
        • TECHNOLOGICAL
        • ENVIRONMENTAL
        • LEGAL
    1. MARKET BY CONSTRUCTION
      • PERMANENT
      • RE-LOCATABLE
    2. MARKET BY MATERIALS
      • STEEL
      • CONCRETE
      • WOOD
      • PLASTIC
    3. MARKET BY APPLICATION
      • COMMERCIAL
      • INDUSTRIAL/INSTITUTIONAL
      • RESIDENTIAL
    4. GEOGRAPHICAL ANALYSIS
      • NORTH AMERICA
        • MARKET SIZE & ESTIMATES
        • KEY GROWTH ENABLERS
        • KEY CHALLENGES
        • KEY PLAYERS
        • COUNTRY ANALYSIS
          • UNITED STATES
          • CANADA
    1. COMPETITIVE LANDSCAPE
      • KEY STRATEGIC DEVELOPMENTS
        • MERGERS & ACQUISITIONS
        • PRODUCT LAUNCHES & DEVELOPMENTS
        • PARTNERSHIPS & AGREEMENTS
        • BUSINESS EXPANSIONS & DIVESTITURES
      • COMPANY PROFILES
        • ABTECH
        • ALTA-FAB STRUCTURES
        • ART’S WAY MANUFACTURING
        • ATCO
        • CHAMPION HOME BUILDERS
        • CIMC MODULAR BUILDING SYSTEMS
        • CLAYTON HOMES
        • SKYLINE CHAMPION CORPORATION
        • TINDALL CORPORATION
        • ZEKELMAN INDUSTRIES

    LIST OF TABLES

    TABLE 1: MARKET SNAPSHOT – MODULAR CONSTRUCTION

    TABLE 2: NORTH AMERICA MODULAR CONSTRUCTION MARKET, BY CONSTRUCTION, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

    TABLE 3: NORTH AMERICA MODULAR CONSTRUCTION MARKET, BY CONSTRUCTION, FORECAST YEARS, 2021-2028 (IN $ MILLION)

    TABLE 4: NORTH AMERICA MODULAR CONSTRUCTION MARKET, BY MATERIAL, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

    TABLE 5: NORTH AMERICA MODULAR CONSTRUCTION MARKET, BY MATERIAL, FORECAST YEARS, 2021-2028 (IN $ MILLION)

    TABLE 6: NORTH AMERICA MODULAR CONSTRUCTION MARKET, BY APPLICATION, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

    TABLE 7: NORTH AMERICA MODULAR CONSTRUCTION MARKET, BY APPLICATION, FORECAST YEARS, 2021-2028 (IN $ MILLION)

    TABLE 8: NORTH AMERICA MODULAR CONSTRUCTION MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

    TABLE 9: NORTH AMERICA MODULAR CONSTRUCTION MARKET, BY COUNTRY, FORECAST YEARS, 2021-2028 (IN $ MILLION)

    TABLE 10: LIST OF MERGERS & ACQUISITIONS

    TABLE 11: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS

    TABLE 12: LIST OF PARTNERSHIPS & AGREEMENTS

    TABLE 13: LIST OF BUSINESS EXPANSIONS & DIVESTITURES

    LIST OF FIGURES

    FIGURE 1: KEY MARKET TRENDS

    FIGURE 2: PORTER’S FIVE FORCES ANALYSIS

    FIGURE 3: OPPORTUNITY MATRIX

    FIGURE 4: VENDOR LANDSCAPE

    FIGURE 5: VALUE CHAIN ANALYSIS

    FIGURE 6: NORTH AMERICA MODULAR CONSTRUCTION MARKET, GROWTH POTENTIAL, BY CONSTRUCTION, IN 2020

    FIGURE 7: NORTH AMERICA MODULAR CONSTRUCTION MARKET, BY PERMANENT, 2021-2028 (IN $ MILLION)

    FIGURE 8: NORTH AMERICA MODULAR CONSTRUCTION MARKET, BY RE-LOCATABLE, 2021-2028 (IN $ MILLION)

    FIGURE 9: NORTH AMERICA MODULAR CONSTRUCTION MARKET, GROWTH POTENTIAL, BY MATERIAL, IN 2020

    FIGURE 10: NORTH AMERICA MODULAR CONSTRUCTION MARKET, BY STEEL, 2021-2028 (IN $ MILLION)

    FIGURE 11: NORTH AMERICA MODULAR CONSTRUCTION MARKET, BY CONCRETE, 2021-2028 (IN $ MILLION)

    FIGURE 12: NORTH AMERICA MODULAR CONSTRUCTION MARKET, BY WOOD, 2021-2028 (IN $ MILLION)

    FIGURE 13: NORTH AMERICA MODULAR CONSTRUCTION MARKET, BY PLASTIC, 2021-2028 (IN $ MILLION)

    FIGURE 14: NORTH AMERICA MODULAR CONSTRUCTION MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2020

    FIGURE 15: NORTH AMERICA MODULAR CONSTRUCTION MARKET, BY COMMERCIAL, 2021-2028 (IN $ MILLION)

    FIGURE 16: NORTH AMERICA MODULAR CONSTRUCTION MARKET, BY INDUSTRIAL/INSTITUTIONAL, 2021-2028 (IN $ MILLION)

    FIGURE 17: NORTH AMERICA MODULAR CONSTRUCTION MARKET, BY RESIDENTIAL, 2021-2028 (IN $ MILLION)

    FIGURE 18: NORTH AMERICA MODULAR CONSTRUCTION MARKET, REGIONAL OUTLOOK, 2020 & 2028 (IN %)

    FIGURE 19: UNITED STATES MODULAR CONSTRUCTION MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 20: CANADA MODULAR CONSTRUCTION MARKET, 2021-2028 (IN $ MILLION)

    1. GEOGRAPHICAL ANALYSIS
      • NORTH AMERICA
        • MARKET SIZE & ESTIMATES
        • KEY GROWTH ENABLERS
        • KEY CHALLENGES
        • KEY PLAYERS
        • COUNTRY ANALYSIS
          • UNITED STATES
          • CANADA
    1. MARKET BY CONSTRUCTION
      • PERMANENT
      • RE-LOCATABLE
    2. MARKET BY MATERIALS
      • STEEL
      • CONCRETE
      • WOOD
      • PLASTIC
    3. MARKET BY APPLICATION
      • COMMERCIAL
      • INDUSTRIAL/INSTITUTIONAL
      • RESIDENTIAL

    To request a free sample copy of this report, please complete the form below :
    We offer 10% free customization including country-level data, niche applications and competitive landscape with every report.


      Choose License Type

      Buy Now