The North America Permanent Modular Building market size is projected to reach USD 6.58 billion by 2029
Published Date: Friday,26 Jan,2024
Modular buildings and modular homes are prefabricated buildings or houses that consist of repeated sections called modules. "Modular" is a construction method that involves constructing sections away from the building site, then delivering them to the intended site. Installation of the prefabricated sections is completed on site. Prefabricated sections are sometimes placed using a crane. The modules can be placed side-by-side, end-to-end, or stacked, allowing a variety of configurations and styles.
Permanent modular structures are fabricated and installed for long-term use. They are designed to be durable, just like conventional buildings, and can last just as long (or longer) than traditionally-constructed buildings.
According to the new market research report “North America Permanent Modular Building Market Report 2023-2029”, published by GlobalInfoResearch, the North America Permanent Modular Building market size is projected to reach USD 6.58 billion by 2029, at a CAGR of 3.4% during the forecast period.
- North AmericaPermanent Modular Building MarketSize (US$ Million), 2018-2029
Source: GlobalInfoResearch, “Global Permanent Modular Building Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029”.
- North America Permanent Modular Building Top15Players Ranking and Market Share(Based on data of 2021, Continually updated)
Source: GlobalInfoResearch, “Global Permanent Modular Building Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029”.
The North America key manufacturers of Permanent Modular Building include Clayton Homes, Skyline Champion Corporation, Dexterra Group, Cavco Industries, Inc., Atco, Dvele, Blazer Industries. , Black Diamond Group. , Silver Creek Industries, Icon Legacy Custom Modular Homes LLC, etc. In 2021, the North America top five players had a share approximately 33.0% in terms of revenue.
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