The global modular construction market is expected to reach USD 277.76 Billion by 2030, at a CAGR of 8.1% during the forecast period 2022 to 2030. The modular construction market has grown due to the increasing investment in the construction sector for affordable, environment-friendly, high-quality modular structures.

The global modular construction market is expected to reach USD 277.76 Billion by 2030, at a CAGR of 8.1% during the forecast period 2022 to 2030. The modular construction market has grown due to the increasing investment in the construction sector for affordable, environment-friendly, high-quality modular structures. Modular construction refers to the construction of a building offsite and assembling it at its final location under controlled plant conditions.