Australia Modular Construction Market Size & Outlook
Australia modular construction market, 2018-2030 (US$M)
Related Markets
Australia modular construction market highlights
- The Australia modular construction market generated a revenue of USD 2,846.6 million in 2022 and is expected to reach USD 5,030.5 million by 2030.
- The Australia market is expected to grow at a CAGR of 7.4% from 2023 to 2030.
- In terms of segment, permanent was the largest revenue generating product in 2022.
- Permanent is the most lucrative product segment registering the fastest growth during the forecast period.
Modular construction market data book summary
| Market revenue in 2022 | USD 2,846.6 million |
| Market revenue in 2030 | USD 5,030.5 million |
| Growth rate | 7.4% (CAGR from 2022 to 2030) |
| Largest segment | Permanent |
| Fastest growing segment | Permanent |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Relocatable, Permanent |
| Key market players worldwide | Sekisui House Ltd, Bouygues, Skanska AB ADR, Lendlease Group, Laing O'Rourke, Red Sea International, Premier Modular, KLEUSBERG, Dubox, CIMC Modular Building Systems, Modulaire Group, Guerdon Modular Buildings, Hickory Group International |
Other key industry trends
- In terms of revenue, Australia accounted for 3.1% of the global modular construction market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China modular construction market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 27,909.0 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Modular Construction Market Scope
Modular Construction Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Australia modular construction market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to modular construction market will help companies and investors design strategic landscapes.
Permanent was the largest segment with a revenue share of 62.76% in 2022. Horizon Databook has segmented the Australia modular construction market based on relocatable, permanent covering the revenue growth of each sub-segment from 2018 to 2030.
Over the past few years, the adoption of modular buildings in Australia has been significantly increasing. Industry associations and institutes across the country are undertaking campaigns to raise awareness of modular construction advantages.
With cooperation of the Australian government, many public places such as new railway stations, police stations, healthcare facilities, and community centers, are now being constructed using volumetric modular building methods.
The upswing in modular construction is largely driven by surge in lodging demand supported by low-interest rates, the availability of substantial welfare programs such as HomeBuilder and an improving outlook for sustained employment growth.
Reasons to subscribe to Australia modular construction market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Australia modular construction market databook
-
Our clientele includes a mix of modular construction market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Australia modular construction market , including forecasts for subscribers. This country databook contains high-level insights into Australia modular construction market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Australia modular construction market size, by product, 2018-2030 (US$M)
Australia Modular Construction Market Outlook Share, 2022 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
