Modular Construction Market worth $107.9 billion by 2025 - Exclusive Report by MarketsandMarkets™
In terms of value & volume, Permanent modular building is estimated to dominate the modular construction market in 2019.
- In terms of value & volume, Permanent modular building is estimated to dominate the modular construction market in 2019.
- Permanent modular buildings, by type, accounted for the largest market share in the modular construction market.
- Permanent modular construction saves time and labor which are required for construction, thereby reducing the construction cost significantly.
- Steel, by material, is thefastest-growing segment for modular construction market from 2020 to 2025, in terms of value and volume.