North America Modular Construction Market 2025-2033, Industry Outlook, Future Demand, and Forecast

Modular Construction Market - North America

Market Statistics

Base Year: 2024

Historical Years: 2019-2024

Forecast Years: 2025-2033

Market Size in 2024: USD 28.64 Billion

Market Size in 2033: USD 43.67 Billion

Market Growth Rate (CAGR) 2025-2033: 4.56%

According to IMARC Group's report titled "North America Modular Construction Market Report and Forecast 2025-2033," the market reached USD 28.64 billion in 2024. Looking forward, IMARC Group expects the market to reach USD 43.67 billion by 2033, exhibiting a growth rate (CAGR) of 4.56% during 2025-2033.


Download sample copy of the Report: https://www.imarcgroup.com/north-america-modular-construction-market/requestsample

North America Modular Construction Market Trends and Drivers:

  1. The North America modular construction market is growing due to economic, technological, and regulatory factors reshaping the construction sector.

  2. Demand for efficient, cost-effective, and sustainable building solutions is driving adoption, offering shorter construction times, improved quality control, and cost savings.

  3. Labor shortages and rising material costs in traditional construction are pushing developers toward modular methods for rapid off-site construction and streamlined on-site assembly.

  4. Innovations in digital design, including Building Information Modeling (BIM) and advanced project management software, are enhancing precision and project coordination.

  5. Government incentives, favorable regulations, and profitable funding opportunities are making modular construction a more attractive investment.

  6. Urban complexity and the need for flexible and responsive construction methods in high-density cities are further driving modular construction adoption.

  7. Energy efficiency and sustainability are key factors, with modular construction reducing waste, minimizing site disruption, and facilitating renewable energy integration.

  8. Advancements in next-generation materials and energy-saving technologies are making modular construction increasingly efficient for residential, commercial, and industrial applications.

  9. Strategic collaborations between modular construction firms and technology providers are fostering sustained innovation in production and design.

  10. Scalability of modular construction is allowing projects of varying sizes and complexities to be implemented successfully in evolving urban landscapes.

  11. The combination of increasing construction demands, technological advancements, and supportive government policies is driving long-term growth in the North America modular construction market.

Competitive Landscape:

The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant. Some of the key players are:

  • Aries Building Systems, LLC
  • ATCO Ltd.
  • Boxx Modular, Inc. (Black Diamond Group)
  • Mobile Modular Management Corporation (McGrath RentCorp, Inc.)
  • Modular Genius, Inc.
  • Satellite Shelters, Inc.
  • Triumph Modular Corporation
  • Vanguard Modular Building Systems, LLC
  • Vesta Modular
  • Willscot Corporation

North America Modular Construction Industry Segmentation:

The market report offers a comprehensive analysis of the segments, highlighting those with the largest North America modular construction market share. It includes forecasts for the period 2025-2033 and historical data from 2019-2024 for the following segments.

North America Modular Construction Industry Segmentation:

The report has segmented the market into the following categories:

Analysis by Division:

  • Permanent Modular Construction (PMC)
  • Relocatable Buildings (RB)

Analysis by Sector:

  • Public
  • Residential
  • Commercial
  • Others

Analysis by Material:

  • Wood
  • Concrete
  • Steel
  • Others

Analysis by Country:

  • United States
  • Canada

Request for customization: https://www.imarcgroup.com/request?type=report&id=2744&flag=C

Key highlights of the Report:

  • Market Performance (2019-2024)
  • Market Outlook (2025-2033)
  • COVID-19 Impact on the Market
  • Porter’s Five Forces Analysis
  • Strategic Recommendations
  • Historical, Current and Future Market Trends
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Structure of the Market
  • Value Chain Analysis
  • Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

About Us:

IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

Contact Us:

IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA

Email: sales@imarcgroup.com

Tel No:(D) +91 120 433 0800

United States: +1-631-791-1145

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