The global market for modular construction is expected to grow under rapid urbanization in developing countries. Modular construction is largely used in these regions to renovate existing buildings. In 2025, the global market value of modular construction is expected to reach about 175 billion U.S. dollars.
Value of modular construction market worldwide in 2018, with a forecast for 2025
(in billion U.S. dollars)
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GlobeNewswire. (May 6, 2019). Value of modular construction market worldwide in 2018, with a forecast for 2025 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1059903/global-modular-construction-market-value/
GlobeNewswire. "Value of modular construction market worldwide in 2018, with a forecast for 2025 (in billion U.S. dollars)." Chart. May 6, 2019. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1059903/global-modular-construction-market-value/
GlobeNewswire. (2019). Value of modular construction market worldwide in 2018, with a forecast for 2025 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1059903/global-modular-construction-market-value/
GlobeNewswire. "Value of Modular Construction Market Worldwide in 2018, with a Forecast for 2025 (in Billion U.S. Dollars)." Statista, Statista Inc., 6 May 2019, https://www.statista.com/statistics/1059903/global-modular-construction-market-value/
GlobeNewswire, Value of modular construction market worldwide in 2018, with a forecast for 2025 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1059903/global-modular-construction-market-value/ (last visited December 21, 2024)
Value of modular construction market worldwide in 2018, with a forecast for 2025 (in billion U.S. dollars) [Graph], GlobeNewswire, May 6, 2019. [Online]. Available: https://www.statista.com/statistics/1059903/global-modular-construction-market-value/