News
September 22, 2025

Modular Construction Market Projected to Reach $145B by 2030

Caroline Raffetto

DUBLIN — September 19, 2025 — The global modular construction market is poised for significant growth, with a projected increase from $110.6 billion in 2024 to $144.8 billion by 2030, reflecting a CAGR of 4.6%, according to the new report, Modular Construction – Global Strategic Business Report 2025-2030, released by ResearchAndMarkets.com.

Modular construction involves off-site building of modules under controlled conditions, using the same materials and codes as conventional construction but in about half the time. The modules are then assembled on-site to match the design and quality of traditional buildings, minimizing waste, reducing costs, and enhancing efficiency.

Technological innovations are reshaping the industry. The integration of Building Information Modeling (BIM) allows for precise planning and coordination, while advanced manufacturing techniques and automation improve precision, speed, and scalability. “Technological enhancements not only improve build quality but also expand customization possibilities for modular projects,” the report notes.

Growth Drivers

  • Urbanization and industrial expansion worldwide.
  • Consumer preference for sustainable, fast, and cost-effective building methods.
  • Regulatory incentives supporting modular construction adoption.
  • Environmental benefits, including reduced site impact and lower carbon footprint.

Industries facing rapid growth or needing quick infrastructure expansion, such as healthcare, education, housing, and commercial sectors, are increasingly embracing modular solutions. Hospitals can expand with minimal disruption, and schools can quickly add classrooms or labs to accommodate changing enrollment, illustrating the sector’s flexibility and responsiveness.

Market Insights

  • The Permanent segment is expected to reach $90 billion by 2030 at a 4.9% CAGR.
  • The Relocatable segment will grow at 4.1% CAGR over the same period.
  • The U.S. market was valued at $29.1 billion in 2024, while China is forecasted to grow at 7.0% CAGR, reaching $31.6 billion by 2030.
  • The report provides regional analyses of Europe, Japan, Canada, Asia-Pacific, Latin America, Middle East, and Africa, along with company profiles including Algeco Scotsman, Alta-Fab Structures, Art’s Way Manufacturing, ATCO, and Bouygues Construction.

The rise of tiny homes, modular housing trends, and rapid-build solutions is further bolstering market dynamics, particularly in sectors where speed, cost, and sustainability are critical. As regulatory support increases and technology advances, the report predicts modular construction will become a mainstream alternative to traditional building methods.

The study also includes complimentary updates for one year, helping stakeholders stay informed on evolving market trends and new growth opportunities.

Originally reported by Business Wire.

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