| Source: Mordor Intelligence
Hyderabad, INDIA
Hyderabad, July 14, 2023 (GLOBE NEWSWIRE) — According to a new market research report titled “Modular Construction Market Report (2023-2028),” the market is estimated at USD 146.98 billion in 2023. It is expected to register a CAGR of 5.99% during the forecast period.
The process of modular construction refers to the delivery and assembly of specific pre-fabricated and engineered building units at a construction site. These modular units are generally in the form of fully serviced units. Some examples of such units are parts of a room, complete rooms, kitchens, and toilets.
Report Summary:
Which are the Top Companies in the Global Modular Construction Market?
The modular construction market is highly fragmented in nature. Not even a single major player holds a share significant enough to influence the market.
A Few Notable players in the global modular construction market are,
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Key Highlights from the Modular Construction Market Report:
Boost in Demand from the Industrial/Institutional Sector
Asia-Pacific is Expected to Dominate the Market
What are the Latest Developments in the Global Modular Construction Market?
Mordor Intelligence has Segmented the Modular Construction Market Based on Construction, Material, End-User Industry, and Geography:
In a nutshell, the Mordor Intelligence market research report is a must-read for start-ups, industry players, investors, researchers, consultants, business strategists, and all those who are looking to understand this industry. Get a glance at the Modular Construction Market Report (2023-2028).
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About Mordor Intelligence:
Mordor Intelligence is a market intelligence and advisory firm. At Mordor Intelligence, we believe in predicting butterfly effects that have the potential to change or significantly impact market dynamics.
Our market research reports are comprehensive and provide exclusive data, facts and figures, trends, and the competitive landscape of the industry.
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