Modular And Prefabricated Nonresidential Building Construction Market

By Type;

Permanent Modular Construction and Relocatable Modular Construction

By Material;

Wood, Steel and Concrete

By Application;

Commercial, Healthcare, Education & Institutional, Hospitality and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn008502724 Published Date: September, 2025 Updated Date: October, 2025

Modular And Prefabricated Nonresidential Building Construction Market Overview

Modular And Prefabricated Nonresidential Building Construction Market (USD Million)

Modular And Prefabricated Nonresidential Building Construction Market was valued at USD 76,736.69 million in the year 2024. The size of this market is expected to increase to USD 117,689.01 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.3%.


Modular And Prefabricated Nonresidential Building Construction Market

*Market size in USD million

CAGR 6.3 %


Study Period2025 - 2031
Base Year2024
CAGR (%)6.3 %
Market Size (2024)USD 76,736.69 Million
Market Size (2031)USD 117,689.01 Million
Market ConcentrationMedium
Report Pages322
76,736.69
2024
117,689.01
2031

Major Players

  • Laing O'Rourke (United Kingdom)
  • Skanska AB (Sweden)
  • Katerra (United States)
  • Bouygues Construction (France)
  • Red Sea Housing Services (Saudi Arabia)
  • Vinci SA (France)
  • Algeco (United States)
  • Lendlease Corporation (Australia)
  • Kiewit Corporation (United States)
  • ATS Infrastructure Ltd. (India)

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Modular And Prefabricated Nonresidential Building Construction Market

Fragmented - Highly competitive market without dominant players


The Modular and Prefabricated Nonresidential Building Construction Market is witnessing rapid growth as industries embrace cost-effective and time-efficient solutions. Nearly 45% of commercial projects now integrate modular methods, reducing waste and accelerating project delivery while maintaining strict safety and quality standards.

Growing Demand for Efficiency
The shift toward efficient construction techniques is driving market adoption. Around 40% of organizations prefer prefabricated structures to reduce on-site labor needs. These methods cut project timelines by nearly 30%, enabling faster completion and optimizing resource utilization.

Innovation in Building Technologies
The adoption of advanced digital modeling and automation is enhancing design accuracy and customization. Nearly 50% of modular projects leverage cutting-edge design tools, reducing errors and improving precision, which streamlines approvals and enhances overall project efficiency.

Sustainability Driving Adoption
With a stronger focus on eco-friendly construction, prefabricated methods are increasingly favored for minimizing environmental impact. Almost 35% of projects report reduced material wastage through modular practices, aligning with global goals of sustainable infrastructure development.

Future Market Outlook
The Modular and Prefabricated Nonresidential Building Construction Market is poised for steady expansion, supported by technological innovations and sustainable practices. Over 55% of developers plan to expand their investments in modular projects, ensuring long-term growth opportunities in this evolving industry.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Material
    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
  4. Modular And Prefabricated Nonresidential Building Construction Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Efficiency and Speed of Construction
        2. Versatility and Flexibility in Design
        3. Demand for Sustainable
      2. Restraints
        1. Perception of Quality and Aesthetics
        2. Initial Investment Costs
        3. Limited Adoption in Some Markets
      3. Opportunities
        1. Growing Demand for Nonresidential Buildings
        2. Technological Advancements in Manufacturing
        3. Expansion into New Geographical Regions
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Modular And Prefabricated Nonresidential Building Construction Market, By Type, 2021 - 2031 (USD Million)
      1. Permanent Modular Construction
      2. Relocatable Modular Construction
    2. Modular And Prefabricated Nonresidential Building Construction Market, By Material, 2021 - 2031 (USD Million)
      1. Wood
      2. Steel
      3. Concrete
    3. Modular And Prefabricated Nonresidential Building Construction Market, By Application, 2021 - 2031 (USD Million)
      1. Commercial
      2. Healthcare
      3. Education & Institutional
      4. Hospitality
      5. Others
    4. Modular And Prefabricated Nonresidential Building Construction Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Kiewit Corporation
      2. Skanska AB
      3. Taylor Wimpey plc
      4. Laing O’Rourke
      5. Red Sea Housing Services
      6. Katerra, Inc.
      7. Modular Building Institute (MBI) members
      8. Guerdon Modular Buildings
      9. Laing O’Rourke Modular
      10. Holmes Structures USA, Inc.
      11. Vinci Construction
      12. Shigeru Ban Architects (modular division)
      13. Walsh Group
      14. China State Construction Engineering Corporation (CSCEC)
      15. Broad Sustainable Building (Broad Group)
  7. Analyst Views
  8. Future Outlook of the Market