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China Modular Construction Market Overview: Market Size, Share & Forecast to 2032

5 months ago
6

The China Modular Construction Market has been expanding significantly in recent years, driven by various key factors. This report provides a comprehensive analysis of the market, including market size, trends, drivers and constraints, competitive aspects, and prospects for future growth.

Market Size & Growth:

  • The China Modular Construction Market size reached a valuation of USD 17.12 billion in 2024.
  • The China Modular Construction Market growth is projected to reach a valuation of USD 29.22 billion by 2032.
  • The China Modular Construction Market share is expected to register a compound annual growth rate (CAGR) of 7.1% from 2024 to 2032.

Recent Key Trends:

  • May 2021 – Saint-Gobain, a global glass and glass solution provider, partnered with InDeco, an interior decorator company in China. Saint-Bobain successfully expanded its business of modular and prefabricated construction in China through this partnership. Which is responsible for increasing Saint Gobain’s market share in China.
  • March 2022 – Finland based Peikko Group acquired a major share in China-based prefabricated construction company Shanghai Shucko Construction Technology Co. Ltd. By this acquisition, Peikko Group had expanded their business in China.

This Report includes a company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breath, application dominance, technology lifeline curve. The data points provided are only related to the company's focus related to China Modular Construction markets. Leading global China Modular Construction market players and manufacturers are studied to give a brief idea about the competitions.

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Key Players:

  • Ark Prefab Co., Ltd. 
  • Atlantic Modular System
  • China State Construction
  • CIMC Modular Building Systems
  • GS Housing
  • Hangxiao Steel Structure
  • Kong Sing Building Co., Ltd.
  • Ningbo Deepblue Smart House Co., Ltd.
  • Shanghai Haisheng Special Metal Box Co., Ltd.
  • Zhejiang Putian Integrated Housing Co., Ltd.

Regional Trends:

  • North America: U.S., Canada, Mexico
  • Europe: Germany, U.K., France, Italy, Spain, Rest of Europe
  • Asia Pacific: China, Japan, India, South Korea, Australia, Rest of Asia Pacific
  • Latin America: Brazil, Argentina, Rest of Latin America
  • Middle East & Africa: GCC Countries, South Africa, Rest of MEA

Highlights of Our Report

Our report offers extensive market analysis, providing a deep dive into manufacturing capabilities, production volumes, and technological innovations within the China Modular Construction Market. It includes detailed corporate insights with in-depth reviews of company profiles, highlighting major players and their strategic moves in this competitive landscape. The report also examines consumption trends to shed light on current demand dynamics and consumer preferences. Comprehensive segmentation details illustrate the market’s distribution across various end-user segments, applications, and industries. In addition, there is a thorough pricing evaluation that explores pricing structures and the key factors influencing market strategies. Finally, the report presents a forward-looking outlook, offering predictive insights into emerging trends, growth opportunities, and potential challenges that may shape the market’s future.

Market Segmentation:

By Type

  • Permanent (PMC)
  • Relocatable

By Material

  • Concrete
  • Steel
  • Wood

By Application

  • Commercial
  • Healthcare
  • Educational & institution
  • Hostility
  • Others (Residential, Religious Buildings)

Key Drivers/ Restrains:

  • Drivers:
  • Rapid urbanization and increasing demand for affordable housing solutions driving the adoption of modular construction techniques in urban areas.
  • Government initiatives and policies promoting sustainable building practices and efficient construction methods enhancing the growth of the modular construction market.
  • Restraints:
  • High initial investment costs and potential logistical challenges in transporting modular units may deter smaller construction firms from adopting modular methods.
  • Regulatory barriers and varying standards across regions complicating the implementation of modular construction projects.

In Summary:

The China modular construction market is experiencing rapid growth as developers seek cost-effective and sustainable building solutions. AI-driven design, prefabricated modular units, and automation-driven assembly processes are enhancing efficiency. With urbanization on the rise, modular construction continues to gain momentum in China.

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About Us:

Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in.

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