Europe Modular Construction Market Size & Outlook
Europe modular construction market, 2018-2030 (US$M)
Related Markets
Europe modular construction market highlights
- The Europe modular construction market generated a revenue of USD 41,292.0 million in 2022.
- The market is expected to grow at a CAGR of 7.1% 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.
- Country-wise, UK is expected to register the highest CAGR from 2023 to 2030.
Europe data book summary
| Market revenue in 2022 | USD 41,292.0 million |
| Market revenue in 2030 | USD 71,241.7 million |
| Growth rate | 7.1% (CAGR from 2022 to 2030) |
| Largest segment | Permanent |
| Fastest growing segment | Permanent |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 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, Europe region accounted for 45.5% of the global modular construction market in 2022.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 59,359.7 million by 2030.
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Modular Construction Market Scope
Modular Construction Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Europe 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 60.02% in 2022. Horizon Databook has segmented the Europe modular construction market based on relocatable, permanent covering the revenue growth of each sub-segment from 2018 to 2030.
Europe was one of the largest markets for modular construction in 2020, on account of the high level of penetration in Germany, Finland, the UK, and Sweden. The primary driving factor is expected to be the rising influx of migrants necessitating the construction of temporary and permanent housing structures.
Moreover, factors such as multiple investments and implementation of advanced technologies are driving the modular construction market in Europe Construction companies in Europe are becoming increasingly aware of the opportunities arising from the economic growth of the modular construction market, which translates into an increase in merger & acquisition activities.
In June 2020, Algeco Group strengthened its Nordic presence by acquiring Wexus Group AS (Norway) from Norvestor Equity AS and other shareholders. Wexus is a major provider of highquality modular building solutions in the Nordic region. In addition, it has operations in Sweden and a modern production facility in Estonia.
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Target buyers of Europe modular construction market databook
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Our clientele includes a mix of modular construction market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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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 continent-level data and insights on the Europe modular construction market , including forecasts for subscribers. This continent databook contains high-level insights into Europe modular construction market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe modular construction market size, by country, 2018-2030 (US$M)
Europe Modular Construction Market Outlook Share, 2022 & 2030 (US$M)
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