- Project plans
- Project activities
- Legislation and standards
- Industry context
- Specialist wikis
Last edited 26 May 2021
Modular construction market report 2020-2026
Modular buildings (sometimes referred to as volumetric construction, or prefabricated buildings, although strictly speaking, a prefabricated building need not be modular) are buildings made up of components manufactured on assembly lines in factories then assembled on site in a variety of arrangements.
The global modular construction market in 2019 was approximately USD 121 million. It is anticipated to reach around USD 182 million by 2026. The anticipated CAGR for the market is approximately 5% from 2020 to 2026.
Emerging government initiatives encouraging people to invest more in the infrastructure, and rapid urbanisation are the leading drivers in boosting the demand for modular construction. Growing south east Asian countries, such as India, Malaysia and Thailand are currently investing heavily in infrastructure plans laid down by their governments to meet the demands of the population.
 Related articles on Designing Buildings Wiki
Featured articles and news
Report examines lack of detail in the Government's vision.
Our director Gregor Harvie hosts 4 webinars at the IHBC marketplace on Friday.
Look up construction terms on any website direct from your browser.
The revival of the public sphere in Toronto.
The story behind the copycat architecture craze.
Insight into construction materials supply and demand issues.
IHBC has announced winners of the 2020 honours.
Cement and concrete industry introduces measures to go beyond net zero.
UKGBC has introduced a resource to help with sustainability challenges.
Is it time to embrace EVs at last?
Plaster, glue and dye produce a highly decorative effect.
BSRIA predicts winners and losers for 2021 and beyond.
Firms must commit to net zero to secure major public work.
The resurgence of the British country house. Book review.