Asia Pacific Modular Construction Market

Home Building And Construction Asia Pacific Modular Construction Market

Asia Pacific Modular Construction Market, By Type (Permanent, Relocatable); By Material (Steel, Wood, Concrete); By Module (Four-sided, Open-sided, Partially open-sided, Mixed Modules & Floor Cassettes, Modules Supported by a Primary Structure); By End Use (Residential, Office, Education, Retail & Commercial, Hospitality, Healthcare); By Country (China, India, Japan, South Korea, Australia & New Zealand, Indonesia, Malaysia, Singapore, Vietnam, Rest of APAC), Trend Analysis, Competitive Landscape & Forecast, 2019–2030

Published Date: January 2024
Report ID: BWC24042
Available Format: PDF
Page: 200

Report Overview

Rapid urbanization and industrialization driving a demand for sustainable and cost-efficient construction methods, technological advancements, and government initiatives promoting modular building practices are key driving factors for the growth of the Asia Pacific Modular Construction Market during the forecast period between 2024 and 2030.

Asia Pacific Modular Construction Market – Industry Trends & Forecast Report, 2030

Asia Pacific Modular Construction Market size was estimated at USD 38.52 billion in 2023. During the forecast period between 2024 and 2029, the size of Asia Pacific Modular Construction Market is projected to grow at a CAGR of 6.85% reaching a value of USD 57.32 billion by 2030. Asia Pacific Modular Construction Market is propelled by rapid urbanization, growing population, and the need for efficient and cost-effective construction solutions. The region's demand for faster project delivery reduced labor costs, and sustainable building practices further drive the adoption of modular construction. Government initiatives promoting affordable housing and infrastructure development also contribute to market growth. Additionally, the flexibility and versatility of modular construction techniques align with the dynamic construction landscape in the Asia Pacific region, fostering innovations and technological advancements in the market.

Asia Pacific Modular Construction Market

Modular Construction – Overview

Modular construction is an innovative building method where structures are constructed off-site in controlled factory environments using standardized components, or modules. The modules are then transported to the construction site and assembled into a cohesive building. The approach offers several advantages, including increased efficiency, cost savings, and reduced construction timelines. It is widely used in residential, commercial, and industrial projects, promoting sustainability through minimized waste generation. The modular construction method's flexibility and adaptability make it a popular choice for various applications, with its potential to revolutionize traditional construction practices and address the evolving needs of the industry.

Asia Pacific Modular Construction Market

Growth Drivers

Accelerating Urbanization and Surging Population

The exponential growth in urbanization and population across the Asia Pacific region is a pivotal driver propelling the Asia Pacific Modular Construction Market. As cities expand rapidly and populations soar, the demand for efficient, cost-effective, and sustainable construction solutions intensifies. Modular construction, with its speed and versatility, emerges as a strategic response to the escalating need for infrastructure. The trend addresses the growing housing demand but also fuels economic development, fostering a dynamic market landscape in the Asia Pacific region.

Challenges

Capital Outlay Challenges

The Asia Pacific Modular Construction Market faces hurdles in the realm of high initial investment costs. Elevated capital requirements for project commencement pose a significant restraint, impeding the market's growth trajectory. Investors and stakeholders need to navigate through the financial intricacies, potentially slowing down the otherwise promising expansion of modular construction in the region. Overcoming the capital-intensive barriers becomes crucial for unlocking the full potential of the market.

Impact of Escalating Geopolitical Tensions on Asia Pacific Modular Construction Market

Escalating geopolitical tensions across regions, compounded by the Russia-Ukraine war, have significantly impacted the Asia Pacific Modular Construction Market. Heightened uncertainties, supply chain disruptions, and increased construction costs due to geopolitical instability have deterred investments and slowed project timelines. The conflict led to fluctuations in raw material prices and disrupted the flow of critical construction components, causing delays and cost overruns. Investor confidence has waned, impacting the market's growth potential as geopolitical risks continue to cast shadows over the stability of the Asia Pacific Modular Construction Market.

Asia Pacific Modular Construction Market

Segmental Coverage

Asia Pacific Modular Construction Market – By Type

Based on type, Asia Pacific Modular Construction Market is divided into Permanent and Relocatable segments. The permanent construction segment is a higher contributor to the Asia Pacific Modular Construction Market. The segment emphasizes long-term, fixed structures that are not easily moved, catering to the region's growing demand for durable and sustainable building solutions. The permanent segment underscores a commitment to stability and permanence in construction projects, aligning with the region's evolving infrastructure needs. As the market continues to expand, the dominance of the permanent segment highlights a sustained focus on robust and enduring structures in the Asia Pacific Modular Construction Market.

Asia Pacific Modular Construction Market – By Material

Based on material, Asia Pacific Modular Construction Market is divided into Steel, Wood, and Concrete segments. The steel segment stands out as the largest. The dominance is attributed to the robust structural properties, cost-effectiveness, and rapid construction capabilities offered by steel modular construction. The demand for efficient and durable building solutions, coupled with the versatility of steel in various construction applications, positions it as the leading segment in the dynamic Asia Pacific Modular Construction Market.

Asia Pacific Modular Construction Market Share

Asia Pacific Modular Construction Market– By Module

By module, Asia Pacific Modular Construction Market is divided into Four-sided, Open-sided, Partially Open-sided, Mixed Modules & Floor Cassettes, and Modules Supported by a Primary Structure. The four-sided module type segment is the largest in the Asia Pacific Modular Construction Market. The segment represents a substantial portion of the market, indicating a prevalent preference for fully enclosed modular structures. The demand for four-sided modules underscores a significant trend in modular construction, reflecting the importance of complete enclosure for various applications across the Asia Pacific region. As industries and infrastructure continue to embrace modular solutions, the dominance of the four-sided segment showcases its prominence in addressing diverse construction needs.

Asia Pacific Modular Construction Market – By End Use

By end-use, Asia Pacific Modular Construction Market is divided into Residential, Office, Education, Retail & Commercial, Hospitality, and Healthcare segments. The residential end use segment holds the largest share of the Asia Pacific Modular Construction Market. The segment reflects the region's robust demand for modular construction in the residential space, driven by population growth, urbanization, and a rising need for efficient and cost-effective housing solutions. The residential segment encompasses various housing projects utilizing modular construction methods, meeting the increasing demand for quick and sustainable housing solutions across the Asia Pacific region. The trend underscores the transformative impact of modular construction in addressing housing challenges and shaping the regional real estate landscape.

Asia Pacific Modular Construction Market– By Country

By country, Asia Pacific Modular Construction Market is divided into China, India, Japan, South Korea, Australia & New Zealand, Indonesia, Malaysia, Singapore, Vietnam, and Rest of APAC segments. China is leading the Asia Pacific Modular Construction Market. With its booming construction industry, rapid urbanization, and government initiatives promoting modular construction methods, China stands out as the dominant player in the region. The country's substantial market share is driven by a high demand for efficient and cost-effective construction solutions. China's robust economic growth and commitment to sustainable building practices further contribute to its prominence in the Asia Pacific Modular Construction Market.

Competitive Landscape

Major players in the Asia Pacific Modular Construction Market include Laing O'Rourke, Red Sea International, Atco Ltd, Modulaire Group, Bechtel Corporation, Fluor Corporation, Koma Modular, Custom Shipping Containers and Modular Buildings, CIMC Modular Building Systems, and Shanghai Star House. To enhance their market share and expand their reach, these companies are also focusing on investing in innovations, collaborations, and expansions.

Recent Developments

In July 2022 – VUILD, a Japan-based architecture firm, completed the test of their digitally prefabricated Nesting house, a modular wooden house built with high-end digital 3D modeling software.
In June 2022 - Godrej & Boys India Ltd, a machinery and infrastructure service provider in India, partnered with Tvasta Manufacturing Solution, founded by alumnus of IIT Madras. Through the partnership, Godrej & Boys Company aims to use the 3D constructed modular prefabricated section on their construction site.

Scope of Report

Attributes	Details
Years Considered	Historical Data – 2019–2023
	Base Year – 2023
	Estimated Year – 2024
	Forecast Period – 2024–2030
Facts Covered	Revenue in USD Billion
Market Coverage	China, India, Japan, South Korea, Australia & New Zealand, Indonesia, Malaysia, Singapore, Vietnam, Rest of APAC
Product/Service Segmentation	Type, Material, Module, End Use, Country
Key Players	Laing O'Rourke, Red Sea International, Atco Ltd, Modulaire Group, Bechtel Corporation, Fluor Corporation, Koma Modular, Custom Shipping Containers and Modular Buildings, CIMC Modular Building Systems, Shanghai Star House

By Type

Permanent
Relocatable

By Material

Steel
Wood
Concrete

By Module

Four-sided
Open-sided
Partially Open-sided
Mixed Modules & Floor Cassettes
Modules Supported by a Primary Structure

By End Use

Residential
Office
Education
Retail & Commercial
Hospitality
Healthcare

By Country

China
India
Japan
South Korea
Australia & New Zealand
Indonesia
Malaysia
Singapore
Vietnam
Rest of APAC

Research Framework
1. Research Objective
2. Product Overview
3. Market Segmentation
Executive Summary
Asia Pacific Modular Construction Market Insights
1. Industry Value Chain Analysis
2. DROC Analysis
  1. Growth Drivers
    1. Rapid urbanization and population growth
    2. Growing demand for sustainable construction
  2. Restraints
    1. Initial investment costs
    2. Lack of standardization
  3. Opportunities
    1. Technological advancements
    2. Growing adoption in non-residential sectors
  4. Challenges
    1. Skilled labor shortage
    2. Supply chain disruptions
3. Technological Advancements/Recent Developments
4. Regulatory Framework
5. Porter’s Five Forces Analysis
  1. Bargaining Power of Suppliers
  2. Bargaining Power of Buyers
  3. Threat of New Entrants
  4. Threat of Substitutes
  5. Intensity of Rivalry
Asia Pacific Modular Construction Market Overview
1. Market Size & Forecast, 2019–2030
  1. By Value (USD Billion)
2. Market Share & Forecast
  1. By Type
    1. Permanent
    2. Relocatable
  2. By Material
    1. Steel
    2. Wood
    3. Concrete
  3. By Module
    1. Four-sided
    2. Open-sided
    3. Partially open-sided
    4. Mixed modules & floor cassettes
    5. Modules supported by a primary structure
    6. Others
  4. By End Use
    1. Residential
    2. Office
    3. Education
    4. Retail & Commercial
    5. Hospitality
    6. Healthcare
    7. Others
  5. By Country
    1. China
    2. India
    3. Japan
    4. South Korea
    5. Australia & New Zealand
    6. Indonesia
    7. Malaysia
    8. Singapore
    9. Vietnam
    10. Rest of Asia Pacific
China Modular Construction Market
1. Market Size & Forecast, 2019–2030
  1. By Value (USD Billion)
2. Market Share & Forecast
  1. By Type
  2. By Material
  3. By Module
  4. By End Use
India Modular Construction Market
1. Market Size & Forecast, 2019–2030
  1. By Value (USD Billion)
2. Market Share & Forecast
  1. By Type
  2. By Material
  3. By Module
  4. By End Use
Japan Modular Construction Market
1. Market Size & Forecast, 2019–2030
  1. By Value (USD Billion)
2. Market Share & Forecast
  1. By Type
  2. By Material
  3. By Module
  4. By End Use
South Korea Modular Construction Market
1. Market Size & Forecast, 2019–2030
  1. By Value (USD Billion)
2. Market Share & Forecast
  1. By Type
  2. By Material
  3. By Module
  4. By End Use
Australia & New Zealand Modular Construction Market
1. Market Size & Forecast, 2019–2030
  1. By Value (USD Billion)
2. Market Share & Forecast
  1. By Type
  2. By Material
  3. By Module
  4. By End Use
Indonesia Modular Construction Market
1. Market Size & Forecast, 2019–2030
  1. By Value (USD Billion)
2. Market Share & Forecast
  1. By Type
  2. By Material
  3. By Module
  4. By End Use
Malaysia Modular Construction Market
1. Market Size & Forecast, 2019–2030
  1. By Value (USD Billion)
2. Market Share & Forecast
  1. By Type
  2. By Material
  3. By Module
  4. By End Use
Singapore Modular Construction Market
1. Market Size & Forecast, 2019–2030
  1. By Value (USD Billion)
2. Market Share & Forecast
  1. By Type
  2. By Material
  3. By Module
  4. By End Use
Vietnam Modular Construction Market
1. Market Size & Forecast, 2019–2030
  1. By Value (USD Billion)
2. Market Share & Forecast
  1. By Type
  2. By Material
  3. By Module
  4. By End Use
3. Market Size & Forecast, 2019–2030
  1. By Volume (Unit)
4. Market Share & Forecast
  1. By Type
  2. By Material
  3. By Module
  4. By End Use
Rest of Asia Pacific Modular Construction Market
1. Market Size & Forecast, 2019–2030
  1. By Value (USD Billion)
2. Market Share & Forecast
  1. By Type
  2. By Material
  3. By Module
  4. By End Use
Competitive Landscape
1. List of Key Players and Their Offerings
2. Asia Pacific Modular Construction Company Market Share Analysis, 2022
3. Competitive Benchmarking, By Operating Parameters
4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
Impact of Escalating Geopolitical Tensions on Asia Pacific Modular Construction Market
Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)
1. Laing O'Rourke
2. Red Sea International
3. Atco Ltd
4. Modulaire Group
5. Bechtel Corporation
6. Fluor Corporation
7. Koma Modular
8. Custom Shipping Containers and Modular Buildings
9. CIMC Modular Building Systems
10. Shanghai Star House
11. Other Prominent Players
Key Strategic Recommendations
Research Methodology
1. Qualitative Research
  1. Primary & Secondary Research
2. Quantitative Research
3. Market Breakdown & Data Triangulation
  1. Secondary Research
  2. Primary Research
4. Breakdown of Primary Research Respondents, By Region
5. Assumptions & Limitations

*Financial information of non-listed companies can be provided as per availability.

**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable

List of Figures

Figure 1 Asia Pacific Modular Construction Segmentation

Figure 2 Asia Pacific Modular Construction Market Value Chain Analysis

Figure 3 Company Market Share Analysis, 2023

Figure 4 Asia Pacific Modular Construction Market Size, By Value (USD Billion), 2019–2030

Figure 5 Asia Pacific Modular Construction Market Share, By Type, By Value, 2019–2030

Figure 6 Asia Pacific Modular Construction Market Share, By Material, By Value, 2019–2030

Figure 7 Asia Pacific Modular Construction Market Share, By Module, By Value, 2019–2030

Figure 8 Asia Pacific Modular Construction Market Share, By End Use, By Value, 2019–2030

Figure 9 Asia Pacific Modular Construction Market Share, By Country, By Value, 2019–2030

Figure 10 China Modular Construction Market Size, By Value (USD Billion), 2019–2030

Figure 11 China Modular Construction Market Share, By Type, By Value, 2019–2030

Figure 12 China Modular Construction Market Share, By Material, By Value, 2019–2030

Figure 13 China Modular Construction Market Share, By Module, By Value, 2019–2030

Figure 14 China Modular Construction Market Share, By End Use, By Value, 2019–2030

Figure 15 India Modular Construction Market Size, By Value (USD Billion), 2019–2030

Figure 16 India Modular Construction Market Share, By Type, By Value, 2019–2030

Figure 17 India Modular Construction Market Share, By Material, By Value, 2019–2030

Figure 18 India Modular Construction Market Share, By Module, By Value, 2019–2030

Figure 19 India Modular Construction Market Share, By End Use, By Value, 2019–2030

Figure 20 Japan Modular Construction Market Size, By Value (USD Billion), 2019–2030

Figure 21 Japan Modular Construction Market Share, By Type, By Value, 2019–2030

Figure 22 Japan Modular Construction Market Share, By Material, By Value, 2019–2030

Figure 23 Japan Modular Construction Market Share, By Module, By Value, 2019–2030

Figure 24 Japan Modular Construction Market Share, By End Use, By Value, 2019–2030

Figure 25 South Korea Modular Construction Market Size, By Value (USD Billion), 2019–2030

Figure 26 South Korea Modular Construction Market Share, By Type, By Value, 2019–2030

Figure 27 South Korea Modular Construction Market Share, By Material, By Value, 2019–2030

Figure 28 South Korea Modular Construction Market Share, By Module, By Value, 2019–2030

Figure 29 South Korea Modular Construction Market Share, By End Use, By Value, 2019–2030

Figure 30 Australia & New Zealand Modular Construction Market Size, By Value (USD Billion), 2019–2030

Figure 31 Australia & New Zealand Modular Construction Market Share, By Type, By Value, 2019–2030

Figure 32 Australia & New Zealand Modular Construction Market Share, By Material, By Value, 2019–2030

Figure 33 Australia & New Zealand Modular Construction Market Share, By Module, By Value, 2019–2030

Figure 34 Australia & New Zealand Modular Construction Market Share, By End Use, By Value, 2019–2030

Figure 35 Indonesia Modular Construction Market Size, By Value (USD Billion), 2019–2030

Figure 36 Indonesia Modular Construction Market Share, By Type, By Value, 2019–2030

Figure 37 Indonesia Modular Construction Market Share, By Material, By Value, 2019–2030

Figure 38 Indonesia Modular Construction Market Share, By Module, By Value, 2019–2030

Figure 39 Indonesia Modular Construction Market Share, By End Use, By Value, 2019–2030

Figure 40 Malaysia Modular Construction Market Size, By Value (USD Billion), 2019–2030

Figure 41 Malaysia Modular Construction Market Share, By Type, By Value, 2019–2030

Figure 42 Malaysia Modular Construction Market Share, By Material, By Value, 2019–2030

Figure 43 Malaysia Modular Construction Market Share, By Module, By Value, 2019–2030

Figure 44 Malaysia Modular Construction Market Share, By End Use, By Value, 2019–2030

Figure 45 Singapore Modular Construction Market Size, By Value (USD Billion), 2019–2030

Figure 46 Singapore Modular Construction Market Share, By Type, By Value, 2019–2030

Figure 47 Singapore Modular Construction Market Share, By Material, By Value, 2019–2030

Figure 48 Singapore Modular Construction Market Share, By Module, By Value, 2019–2030

Figure 49 Singapore Modular Construction Market Share, By End Use, By Value, 2019–2030

Figure 50 Vietnam Modular Construction Market Size, By Value (USD Billion), 2019–2030

Figure 51 Vietnam Modular Construction Market Share, By Type, By Value, 2019–2030

Figure 52 Vietnam Modular Construction Market Share, By Material, By Value, 2019–2030

Figure 53 Vietnam Modular Construction Market Share, By Module, By Value, 2019–2030

Figure 54 Vietnam Modular Construction Market Share, By End Use, By Value, 2019–2030

Figure 55 Rest of Asia Pacific Modular Construction Market Size, By Value (USD Billion), 2019–2030

Figure 56 Rest of Asia Pacific Modular Construction Market Share, By Type, By Value, 2019–2030

Figure 57 Rest of Asia Pacific Modular Construction Market Share, By Material, By Value, 2019–2030

Figure 58 Rest of Asia Pacific Modular Construction Market Share, By Module, By Value, 2019–2030

Figure 59 Rest of Asia Pacific Modular Construction Market Share, By End Use, By Value, 2019–2030

List of Tables

Table 1 Asia Pacific Modular Construction Market Size, By Value (USD Billion), 2019–2030

Table 2 Asia Pacific Modular Construction Market Size, By Type, By Value, 2019–2030

Table 3 Asia Pacific Modular Construction Market Size, By Material, By Value, 2019–2030

Table 4 Asia Pacific Modular Construction Market Size, By Module, By Value, 2019–2030

Table 5 Asia Pacific Modular Construction Market Size, By End Use, By Value, 2019–2030

Table 6 Asia Pacific Modular Construction Market Size, By Country, By Value, 2019–2030

Table 7 China Modular Construction Market Size, By Value (USD Billion), 2019–2030

Table 8 China Modular Construction Market Size, By Type, By Value, 2019–2030

Table 9 China Modular Construction Market Size, By Material, By Value, 2019–2030

Table 10 China Modular Construction Market Size, By Module, By Value, 2019–2030

Table 11 China Modular Construction Market Size, By End Use, By Value, 2019–2030

Table 12 India Modular Construction Market Size, By Value (USD Billion), 2019–2030

Table 13 India Modular Construction Market Size, By Type, By Value, 2019–2030

Table 14 India Modular Construction Market Size, By Material, By Value, 2019–2030

Table 15 India Modular Construction Market Size, By Module, By Value, 2019–2030

Table 16 India Modular Construction Market Size, By End Use, By Value, 2019–2030

Table 17 Japan Modular Construction Market Size, By Value (USD Billion), 2019–2030

Table 18 Japan Modular Construction Market Size, By Type, By Value, 2019–2030

Table 19 Japan Modular Construction Market Size, By Material, By Value, 2019–2030

Table 20 Japan Modular Construction Market Size, By Module, By Value, 2019–2030

Table 21 Japan Modular Construction Market Size, By End Use, By Value, 2019–2030

Table 22 South Korea Modular Construction Market Size, By Value (USD Billion), 2019–2030

Table 23 South Korea Modular Construction Market Size, By Type, By Value, 2019–2030

Table 24 South Korea Modular Construction Market Size, By Material, By Value, 2019–2030

Table 25 South Korea Modular Construction Market Size, By Module, By Value, 2019–2030

Table 26 South Korea Modular Construction Market Size, By End Use, By Value, 2019–2030

Table 27 Australia & New Zealand Modular Construction Market Size, By Value (USD Billion), 2019–2030

Table 28 Australia & New Zealand Modular Construction Market Size, By Type, By Value, 2019–2030

Table 29 Australia & New Zealand Modular Construction Market Size, By Material, By Value, 2019–2030

Table 30 Australia & New Zealand Modular Construction Market Size, By Module, By Value, 2019–2030

Table 31 Australia & New Zealand Modular Construction Market Size, By End Use, By Value, 2019–2030

Table 32 Indonesia Modular Construction Market Size, By Value (USD Billion), 2019–2030

Table 33 Indonesia Modular Construction Market Size, By Type, By Value, 2019–2030

Table 34 Indonesia Modular Construction Market Size, By Material, By Value, 2019–2030

Table 35 Indonesia Modular Construction Market Size, By Module, By Value, 2019–2030

Table 36 Indonesia Modular Construction Market Size, By End Use, By Value, 2019–2030

Table 37 Malaysia Modular Construction Market Size, By Value (USD Billion), 2019–2030

Table 38 Malaysia Modular Construction Market Size, By Type, By Value, 2019–2030

Table 39 Malaysia Modular Construction Market Size, By Material, By Value, 2019–2030

Table 40 Malaysia Modular Construction Market Size, By Module, By Value, 2019–2030

Table 41 Malaysia Modular Construction Market Size, By End Use, By Value, 2019–2030

Table 42 Singapore Modular Construction Market Size, By Value (USD Billion), 2019–2030

Table 43 Singapore Modular Construction Market Size, By Type, By Value, 2019–2030

Table 44 Singapore Modular Construction Market Size, By Material, By Value, 2019–2030

Table 45 Singapore Modular Construction Market Size, By Module, By Value, 2019–2030

Table 46 Singapore Modular Construction Market Size, By End Use, By Value, 2019–2030

Table 47 Vietnam Modular Construction Market Size, By Value (USD Billion), 2019–2030

Table 48 Vietnam Modular Construction Market Size, By Type, By Value, 2019–2030

Table 49 Vietnam Modular Construction Market Size, By Material, By Value, 2019–2030

Table 50 Vietnam Modular Construction Market Size, By Module, By Value, 2019–2030

Table 51 Vietnam Modular Construction Market Size, By End Use, By Value, 2019–2030

Table 52 Rest of Asia Pacific Modular Construction Market Size, By Value (USD Billion), 2019–2030

Table 53 Rest of Asia Pacific Modular Construction Market Size, By Type, By Value, 2019–2030

Table 54 Rest of Asia Pacific Modular Construction Market Size, By Material, By Value, 2019–2030

Table 55 Rest of Asia Pacific Modular Construction Market Size, By Module, By Value, 2019–2030

Table 56 Rest of Asia Pacific Modular Construction Market Size, By End Use, By Value, 2019–2030

Table 57 Laing O’Rourke Company Overview

Table 58 Laing O’Rourke Financial Overview

Table 59 Red Sea International Company Overview

Table 60 Red Sea International Financial Overview

Table 61 Atco Ltd Company Overview

Table 62 Atco Ltd Financial Overview

Table 63 Modulaire Group Company Overview

Table 64 Modulaire Group Financial Overview

Table 65 Bechtel Corporation Company Overview

Table 66 Bechtel Corporation Financial Overview

Table 67 Fluor Corporation Company Overview

Table 68 Fluor Corporation Financial Overview

Table 69 Koma Modular Company Overview

Table 70 Koma Modular Financial Overview

Table 71 Custom Shipping Containers and Modular Building Company Overview

Table 72 Custom Shipping Containers and Modular Building Financial Overview

Table 73 CIMC Modular Building Systems Company Overview

Table 74 CIMC Modular Building Systems Financial Overview

Table 75 Shanghai Star House Company Overview

Table 76 Shanghai Star House Financial Overview

Table 77 Other Prominent Players Company Overview

Table 78 Other Prominent Players Financial Overview

Market Segmentation

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Frequently Asked Questions (FAQs):

1. What is the current market size of Asia Pacific Modular Construction Market?

Ans: Asia Pacific Modular Construction Market size was estimated at USD 38.52 billion in 2023.

2. What is the expected CAGR of Asia Pacific Modular Construction Market during the forecast period?

Ans: Asia Pacific Modular Construction Market size is expected to grow at a CAGR of 6.85% during the forecast period between 2024 and 2030.

3. What is the forecast value of the Asia Pacific Modular Construction Market size by 2030?

Ans: Asia Pacific Modular Construction Market size is expected to reach a market value of USD 57.32 billion by 2030.

4. What are the major factors driving the growth of Asia Pacific Modular Construction Market?

Ans: Major factors driving the growth of the Asia Pacific Modular Construction Market include rapid urbanization, demand for sustainable and cost-efficient construction methods, technological advancements, and government initiatives promoting modular building practices.

5. Which country holds the highest market share in the Asia Pacific Modular Construction Market?

Ans: China accounts for the highest market share in the Asia Pacific Modular Construction Market by country.

6. Which material segment holds the highest market share in the Asia Pacific Modular Construction Market?

Ans: The steel segment accounts for the highest market share in the Asia Pacific Modular Construction Market by material.

7. Which is the leading type in Asia Pacific Modular Construction Market?

Ans: The permanent construction segment accounts for the highest market share in the Asia Pacific Modular Construction Market by type.

8. Name the key players in Asia Pacific Modular Construction Market.

Ans: Key players in the Asia Pacific Modular Construction Market include Laing O'Rourke, Red Sea International, Atco Ltd, Modulaire Group, Bechtel Corporation, Fluor Corporation, Koma Modular, Custom Shipping Containers and Modular Buildings, CIMC Modular Building Systems, and Shanghai Star House.

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Asia Pacific Modular Construction Market

Report Overview

Market Segmentation

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