Modular Construction Market to Exhibit a CAGR of 6.5% by 2026

“Modernization of Conventional Buildings to Favor Growth, states Fortune Business Insights™

Key Companies Covered in Modular Construction Market Research Report Are Guerdon Modular Buildings, Laing O’Rourke, ATCO, Red Sea International Company, Bouygues Construction, VINCI Construction Grands Projets, Skanska AB, Algeco, KLEUSBERG GmbH & Co. KG, Katerra, Lendlease Corporation.

Pune, May 15, 2020 (GLOBE NEWSWIRE) — The global modular construction market size is expected to reach USD 107.21 Billion by 2026, exhibiting a CAGR of 6.5% during the forecast period. The rising investment in the construction industry, especially in the emerging nations across the globe will bolster healthy growth of the market, states Fortune Business Insights in a report, titled “Modular Construction Market Size, Share & Industry Analysis, By Type (Permanent Modular Construction, Relocatable Modular Construction), By Application (Commercial, Healthcare, Education & Institutions, Hospitality, Others), and Regional Forecast, 2019-2026” the market size stood at USD 64.85 Billion in 2018. The increasing government initiatives towards green infrastructure will enable speedy expansion of the market.

Read the article: https://www.globenewswire.com/news-release/2020/05/15/2034251/0/en/Modular-Construction-Market-to-Exhibit-a-CAGR-of-6-5-by-2026-Modernization-of-Conventional-Buildings-to-Favor-Growth-sates-Fortune-Business-Insights.html