Modular Construction Market in North America 2025:
How Big is the North America Modular Construction Industry?
The North America modular construction market size was valued at USD 28.64 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 43.67 Billion by 2033, exhibiting a CAGR of 4.56% from 2025-2033.
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%
North America Modular Construction Market Trends and Drivers:
The North America modular building industry is developing strongly in the wake of a group of economic, technological, and regulatory drivers transforming the construction industry. All the demand for better, cheaper, and greener buildings lies behind the need for faster, quality-controlled build schedules at enormous expense savings over conventional method. Moreover, increasing labor shortages and increased material costs in traditional construction are driving builders to utilize modular approaches, which facilitate quick off-site fabrication and quick on-site assembly.
Besides, technologies evolving digital planning tools, like Building Information Modeling (BIM) and sophisticated project management software, are transforming planning and construction of modules by way of improved accuracy and coordination of stakeholders. In addition, the government subsidies, positive regulatory conditions, and lucrative funding prospects are rendering investment in modular construction more attractive, driving public and private sector activities. To further enable this, increasing urban complexity as well as requirements for adaptable and responsive construction processes in dense cities also propel the process of modular construction methods.
Also, there is greater focus on energy sustainability and efficiency driving market forces, with modular construction having the natural advantage of less waste, lower site disruption, and more amenable to the integration of renewable energy systems. Additionally, the use of next-generation materials and advanced energy-efficient technology in modular solutions is placing it increasingly in the role of being the desired option and yet more effective for application in homes, companies, and industry. Additionally, partnerships between leading modular construction firms and technology firms are driving ongoing innovation in production processes and design capabilities.
In addition, modular construction scalability is also becoming an influencing driver where projects can be effectively implemented in terms of size or complexity to meet the requirements in a rapidly changing urban environment. Together, the confluence of rising construction needs, technology, and softened government rules is driving the North America modular building market into an extended term era of growth, making it a change-forcing force that is bringing greater value, more sustainability, and better efficiency to construction.
Request for a sample copy of this report: https://www.imarcgroup.com/north-america-modular-construction-market/requestsample
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.
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
Ask Analyst 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
