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Value of modular construction market worldwide in 2018, with a forecast for 2025 (in billion U.S. dollars)

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Sources

Release date

May 2019

Region

Worldwide

Survey time period

2018

Supplementary notes

* Projection based on a CAGR of about 6.7 percent between 2019 and 2025.

Citation formats

Global modular construction market size 2018, with a forecast for 2025

Published by ÌÇÐÄÆƽâ°æ Research Department, Oct 15, 2019

The global market for modular construction is expected to grow under rapid urbanization in developing countries. Modular construction is largely used in these regions to renovate existing buildings. In 2025, the global market value of modular construction is expected to reach about *** billion U.S. dollars.

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