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Industry Landscape
The modular construction industry is experiencing significant growth, driven by demand for faster, more cost-effective, and sustainable building solutions. Advanced technologies like BIM and Cold-Formed Metal Framing are enhancing precision and efficiency. Increased adoption across diverse sectors, including healthcare and education, is a key trend. Supply chain resilience and skilled labor remain challenges.
Total Assets Under Management (AUM)
Modular Construction Market Size in United States
~Approximately 12.5 billion USD (2023 estimate)
(5.6% CAGR)
- Driven by efficiency and sustainability.
- Accelerated by labor shortages in traditional construction.
- Increasing adoption across commercial and residential sectors.
Total Addressable Market
12.5 billion USD
Market Growth Stage
Pace of Market Growth
Emerging Technologies
Impactful Policy Frameworks
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