Description
Market Scenario
Modular construction is the type of prefabricated construction that involves major structures or components of construction built off-site generally at factories to be erected later on site on concrete foundation. The modular construction market is driven by various factors such as increasing FDI in construction in Asia-Pacific region, rise of pop ups and supportive government regulations and policies. The modular construction market has various constraints that hinder the growth of the market such as mobility and lack of marketing & awareness across the supply chain. The global modular construction market is expected to grow at 5.95% CAGR during the forecast period. In 2016, the market was led by Asia-Pacific region, with a 46.3% share, followed by North America with share of 27.6%.
The modular construction market has been segmented based on material, construction, product and application. On the basis of material, concrete segment accounted for the largest market share of 33.7% in 2016, with a market value of USD 35.1 million and is projected to grow at the highest CAGR of 7.19% during the forecast period. Based on construction, relocatable modular segment accounted for the largest market share of 73.2% in 2016, with a market value of USD 76.1 million and is projected to grow at the highest CAGR of 6.61% during the forecast period. Based on product, roof & floors segment accounted for the largest market share of 41% in 2016, with a market value of USD 42.6 million and is projected to grow at the highest CAGR of 6.69% during the forecast period. Based on application, residential segment accounted for the largest market share of 47% in 2016, with a market value of USD 48.9 million and is projected to grow at the highest CAGR of 6.50% during the forecast period
Regional Analysis
Europe is an important market for the global modular construction. Increasing up gradation of the existing infrastructure, rising environmental concerns and the growing interest in energy saving & cost benefit construction, are the factors driving the growth of the market in European region. Europe accounted for the market share of 15.1% in 2016, with a market value of USD 15.7 million and is projected to grow at a CAGR of 4.90% during the forecast period. North America is the second largest region for the modular construction market. The North America modular construction market is driven by various factors such as consumer preference for green buildings and sustained investments in commercial real estate. The growing popularity of modular & panelised housing also provides the further boost to the market. North America accounted for the market share of 27.6% in 2016, with a market value of USD 28.7 million and is projected to grow at a CAGR of 5.69% during the forecast period
Key Players
The major players operating in this market, who have adopted these strategies are ACS Group (Spain), Skanska AB (Sweden), Komatsu Ltd (Japan), L&T (India), Balfour Beatty Plc. (U.K.), Kiewit Corporation (U.S.), Taisei Corporation (Japan), Red Sea Housing Services (Saudi Arabia), System House R & C Co. Ltd (Japan), Bouygues Construction (France) and others
The report for Modular Construction Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
1 Executive Summary 13
2 Introduction 15
2.1 Definition 15
2.2 Scope of the Study 15
2.3 Assumptions 15
2.4 Market Structure 16
3 Research Methodology 17
3.1 Research Process 17
3.2 Primary Research 18
3.3 Secondary Research 18
3.4 Market Size Estimation 18
3.5 Forecast Model 20
4 Market Dynamics 21
4.1 Drivers 21
4.1.1 Increasing FDI in construction in Asia-Pacific region 21
4.1.2 Rise of Pop Ups 22
4.1.3 Supportive Government Regulations And Policies 23
4.2 Restraints and Challenges 23
4.2.1 Lack of Awareness 23
4.2.2 Cost 23
4.2.3 Mobility 23
4.3 Opportunities 23
4.3.1 Energy Efficiency 23
4.3.2 Multinationals Adopting Modular Construction 24
4.3.3 Emerging Economies 24
5 Market Factor Analysis 25
5.1 Porter’s Five Forces Analysis 25
5.1.1 Threat of New Entrants 26
5.1.2 Bargaining Power of Suppliers 26
5.1.3 Bargaining Power of Buyers 26
5.1.4 Threat of Substitutes 26
5.1.5 Rivalry 26
5.2 Value Chain Analysis 27
6 Global Modular Construction Market, By Material 28
6.1 Overview 29
6.1.1 Concrete 29
6.1.2 Steel 29
6.1.3 Plastic 29
6.1.4 Wood 29
7 Global Modular Construction Market, By Construction 32
7.1 Overview 33
7.1.1 Permanent Modular 33
7.1.2 Relocatable Modular 33
8 Global Modular Construction Market, By Product 35
8.1 Overview 36
8.1.1 Walls 36
8.1.2 Roof & Floors 36
8.1.3 Columns & Beams 36
9 Global Modular Construction Market, By Application 39
9.1 Overview 40
9.1.1 Residential 40
9.1.2 Commercial 40
9.1.3 Industrial 40
10 Global Modular Construction Market, By Region 43
10.1 Introduction 44
10.2 North America 46
10.2.1 U.S. 51
10.2.2 Canada 53
10.2.3 Mexico 55
10.3 Europe 58
10.3.1 Germany 63
10.3.2 U.K. 65
10.3.3 France 67
10.3.4 Spain 70
10.3.5 Italy 73
10.3.6 Rest of Europe 76
10.4 Asia-Pacific 78
10.4.1 China 84
10.4.2 Japan 86
10.4.3 India 88
10.4.4 Rest of Asia-Pacific 90
10.5 Rest of the World 92
10.5.1 Middle East 97
10.5.2 South America 99
10.5.3 Africa 102
11 Competitive Scenario 104
11.1 Competitive Landscape 104
11.2 Global Modular Construction Market Share Analysis 105
12 Company Profiles 106
12.1 KOMATSU LTD. 106
12.1.1 Company overview 106
12.1.2 Financial Overview 106
12.1.3 Product/ Service Offering 107
12.1.4 Strategy 107
12.1.5 Key Developments 108
12.1.6 SWOT Analysis 108
12.2 ACS ACTIVIDADES DE CONSTRUCCIÓN Y SERVICIOS S.A. 109
12.2.1 Company Overview 109
12.2.2 Financial Overview 109
12.2.3 Recent Projects 110
12.2.4 Strategy 111
12.2.5 Key Development 111
12.2.6 SWOT Analysis 113
12.3 BALFOUR BEATTY PLC 114
12.3.1 Company Overview 114
12.3.2 Financial Overview 114
12.3.3 Recent Projects 115
12.3.4 Strategy 118
12.3.5 Key Developments 119
12.3.6 SWOT Analysis 119
12.4 SKANSKA AB 120
12.4.1 Company Overview 120
12.4.2 Financial Overview 120
12.4.3 Recent Projects 121
12.4.4 Strategy 124
12.4.5 Key Development 124
12.4.6 SWOT Analysis 125
12.5 LARSEN & TOUBRO LIMITED 126
12.5.1 Company Overview 126
12.5.2 Financial Overview 126
12.5.3 Recent Projects 127
12.5.4 Strategy 128
12.5.5 Key Developments 129
12.5.6 SWOT Analysis 130
12.6 KIEWIT CORPORATION 132
12.6.1 Company Overview 132
12.6.2 Financial Overview 132
12.6.3 Recent Projects 132
12.6.4 Strategy 134
12.7 TAISEI CORPORATION 135
12.7.1 Company Overview 135
12.7.2 Financial Overview 135
12.7.3 Recent Projects 136
12.7.4 Strategy 138
12.7.5 Key Developments 138
12.8 BOUYGUES CONSTRUCTION 139
12.8.1 Company Overview 139
12.8.2 Financial Overview 139
12.8.3 Recent Projects 140
12.8.4 Strategy 142
12.8.5 Key Development 142
12.9 RED SEA HOUSING SERVICES 143
12.9.1 Company Overview 143
12.9.2 Financial Overview 143
12.9.3 Recent Projects 144
12.9.4 Strategy 145
12.9.5 Key Developments 145
12.10 SYSTEM HOUSE R & C CO., LTD 146
12.10.1 Company Overview 146
12.10.2 Financial Overview 146
12.10.3 Key Developments 146
TABLE 1 SHARE OF TOP FIVE COUNTRIES ATTRACTING FDI EQUITY INFLOWS FOR CONSTRUCTION DEVELOPMENT, 2000-2015 (USD MILLION) 21
TABLE 2 GLOBAL MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2015-2023 (USD MILLION) 31
TABLE 3 GLOBAL MODULAR CONSTRUCTION MARKET, BY CONSTRUCTION, 2015-2023 (USD MILLION) 34
TABLE 4 GLOBAL MODULAR CONSTRUCTION MARKET, BY PRODUCT, 2015-2023 (USD MILLION) 38
TABLE 5 GLOBAL MODULAR CONSTRUCTION MARKET, BY APPLICATION, 2015-2023 (USD MILLION) 42
TABLE 6 GLOBAL MODULAR CONSTRUCTION MARKET, BY REGION, 2015-2023 (USD MILLION) 45
TABLE 7 NORTH AMERICA: MODULAR CONSTRUCTION MARKET, BY COUNTRY, 2015-2023 (USD MILLION) 46
TABLE 8 NORTH AMERICA: MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2015-2023 (USD MILLION) 47
TABLE 9 NORTH AMERICA: MODULAR CONSTRUCTION MARKET, BY CONSTRUCTION, 2015-2023 (USD MILLION) 48
TABLE 10 NORTH AMERICA: MODULAR CONSTRUCTION MARKET, BY PRODUCT, 2015-2023 (USD MILLION) 49
TABLE 11 NORTH AMERICA: MODULAR CONSTRUCTION MARKET, BY APPLICATION, 2015-2023 (USD MILLION) 50
TABLE 12 ANNUAL VALUE OF CONSTRUCTION, 2011-2016 (USD MILLION) 51
TABLE 13 U.S.: MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2015-2023 (USD MILLION) 51
TABLE 14 U.S.: MODULAR CONSTRUCTION MARKET, BY CONSTRUCTION, 2015-2023 (USD MILLION) 52
TABLE 15 U.S.: MODULAR CONSTRUCTION MARKET, BY PRODUCT, 2015-2023 (USD MILLION) 52
TABLE 16 U.S.: MODULAR CONSTRUCTION MARKET, BY APPLICATION, 2015-2023 (USD MILLION) 53
TABLE 17 CANADA: MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2015-2023 (USD MILLION) 53
TABLE 18 CANADA: MODULAR CONSTRUCTION MARKET, BY CONSTRUCTION, 2015-2023 (USD MILLION) 53
TABLE 19 CANADA: MODULAR CONSTRUCTION MARKET, BY PRODUCT, 2015-2023 (USD MILLION) 54
TABLE 20 CANADA: MODULAR CONSTRUCTION MARKET, BY APPLICATION, 2015-2023 (USD MILLION) 55
TABLE 21 MEXICO: MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2015-2023 (USD MILLION) 56
TABLE 22 MEXICO: MODULAR CONSTRUCTION MARKET, BY CONSTRUCTION, 2015-2023 (USD MILLION) 56
TABLE 23 MEXICO: MODULAR CONSTRUCTION MARKET, BY PRODUCT, 2015-2023 (USD MILLION) 57
TABLE 24 MEXICO: MODULAR CONSTRUCTION MARKET, BY APPLICATION, 2015-2023 (USD MILLION) 57
TABLE 25 EUROPE: MODULAR CONSTRUCTION MARKET, BY COUNTRY, 2015-2023 (USD MILLION) 58
TABLE 26 EUROPE: MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2015-2023 (USD MILLION) 59
TABLE 27 EUROPE: MODULAR CONSTRUCTION MARKET SIZE, BY CONSTRUCTION, 2015-2023 (USD MILLION) 60
TABLE 28 EUROPE: MODULAR CONSTRUCTION MARKET SIZE, BY PRODUCT, 2015-2023 (USD MILLION) 61
TABLE 29 EUROPE: MODULAR CONSTRUCTION MARKET, BY APPLICATION, 2015-2023 (USD MILLION) 62
TABLE 30 GERMANY: MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2015-2023 (USD MILLION) 63
TABLE 31 GERMANY: MODULAR CONSTRUCTION MARKET SIZE, BY CONSTRUCTION, 2015-2023 (USD MILLION) 63
TABLE 32 GERMANY: MODULAR CONSTRUCTION MARKET, BY PRODUCT, 2015-2023 (USD MILLION) 63
TABLE 33 GERMANY: MODULAR CONSTRUCTION MARKET, BY APPLICATION, 2015-2023 (USD MILLION) 64
TABLE 34 VALUE OF CONSTRUCTION IN GREAT BRITAIN, 2010-2015 (USD MILLION) 65
TABLE 35 U.K.: MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2015-2023 (USD MILLION) 65
TABLE 36 UK: MODULAR CONSTRUCTION MARKET SIZE, BY CONSTRUCTION, 2015-2023 (USD MILLION) 66
TABLE 37 U.K.: MODULAR CONSTRUCTION MARKET SIZE, BY PRODUCT, 2015-2023 (USD MILLION) 66
TABLE 38 U.K.: MODULAR CONSTRUCTION MARKET, BY APPLICATION, 2015-2023 (USD MILLION) 67
TABLE 39 FRANCE: MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2015-2023 (USD MILLION) 67
TABLE 40 FRANCE: MODULAR CONSTRUCTION MARKET, BY CONSTRUCTION, 2015-2023 (USD MILLION) 68
TABLE 41 FRANCE: MODULAR CONSTRUCTION MARKET, BY PRODUCT, 2015-2023 (USD MILLION) 68
TABLE 42 FRANCE: MODULAR CONSTRUCTION MARKET, BY APPLICATION, 2015-2023 (USD MILLION) 69
TABLE 43 SPAIN: MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2015-2023 (USD MILLION) 70
TABLE 44 SPAIN: MODULAR CONSTRUCTION MARKET, BY CONSTRUCTION, 2015-2023 (USD MILLION) 71
TABLE 45 SPAIN: MODULAR CONSTRUCTION MARKET, BY PRODUCT, 2015-2023 (USD MILLION) 71
TABLE 46 SPAIN: MODULAR CONSTRUCTION MARKET, BY APPLICATION, 2015-2023 (USD MILLION) 72
TABLE 47 ITALY: MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2015-2023 (USD MILLION) 73
TABLE 48 ITALY: MODULAR CONSTRUCTION MARKET, BY CONSTRUCTION, 2015-2023 (USD MILLION) 74
TABLE 49 ITALY: MODULAR CONSTRUCTION MARKET, BY PRODUCT, 2015-2023 (USD MILLION) 74
TABLE 50 ITALY: MODULAR CONSTRUCTION MARKET, BY APPLICATION, 2015-2023 (USD MILLION) 75
TABLE 51 REST OF EUROPE: MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2015-2023 (USD MILLION) 76
TABLE 52 REST OF EUROPE: MODULAR CONSTRUCTION MARKET SIZE, BY CONSTRUCTION, 2015-2023 (USD MILLION) 76
TABLE 53 REST OF EUROPE: MODULAR CONSTRUCTION MARKET SIZE, BY PRODUCT, 2015-2023 (USD MILLION) 77
TABLE 54 REST OF EUROPE: MODULAR CONSTRUCTION MARKET, BY APPLICATION, 2015-2023 (USD MILLION) 77
TABLE 55 ASIA-PACIFIC: MODULAR CONSTRUCTION MARKET, BY COUNTRY, 2015-2023 (USD MILLION) 79
TABLE 56 ASIA-PACIFIC: MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2015-2023 (USD MILLION) 80
TABLE 57 ASIA-PACIFIC: MODULAR CONSTRUCTION MARKET, BY CONSTRUCTION, 2015-2023 (USD MILLION) 81
TABLE 58 ASIA-PACIFIC: MODULAR CONSTRUCTION MARKET, BY PRODUCT, 2015-2023 (USD MILLION) 82
TABLE 59 ASIA-PACIFIC: MODULAR CONSTRUCTION MARKET, BY APPLICATION, 2015-2023 (USD MILLION) 82
TABLE 60 ASIA-PACIFIC: MODULAR CONSTRUCTION MARKET, BY APPLICATION, 2015-2023 (USD MILLION) 83
TABLE 61 CHINA: MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2015-2023 (USD MILLION) 84
TABLE 62 CHINA: MODULAR CONSTRUCTION MARKET, BY CONSTRUCTION, 2015-2023 (USD MILLION) 84
TABLE 63 CHINA: MODULAR CONSTRUCTION MARKET, BY PRODUCT, 2015-2023 (USD MILLION) 84
TABLE 64 CHINA: MODULAR CONSTRUCTION MARKET, BY APPLICATION, 2015-2023 (USD MILLION) 85
TABLE 65 JAPAN: MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2015-2023 (USD MILLION) 86
TABLE 66 JAPAN: MODULAR CONSTRUCTION MARKET, BY CONSTRUCTION, 2015-2023 (USD MILLION) 86
TABLE 67 JAPAN: MODULAR CONSTRUCTION MARKET, BY PRODUCT, 2015-2023 (USD MILLION) 87
TABLE 68 JAPAN: MODULAR CONSTRUCTION MARKET, BY APPLICATION, 2015-2023 (USD MILLION) 87
TABLE 69 INDIA MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2015-2023 (USD MILLION) 88
TABLE 70 INDIA: MODULAR CONSTRUCTION MARKET, BY CONSTRUCTION, 2015-2023 (USD MILLION) 88
TABLE 71 INDIA: MODULAR CONSTRUCTION MARKET, BY PRODUCT, 2015-2023 (USD MILLION) 89
TABLE 72 INDIA: MODULAR CONSTRUCTION MARKET, BY APPLICATION, 2015-2023 (USD MILLION) 89
TABLE 73 REST OF ASIA-PACIFIC: MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2015-2023 (USD MILLION) 90
TABLE 74 REST OF ASIA-PACIFIC: MODULAR CONSTRUCTION MARKET, BY CONSTRUCTION, 2015-2023 (USD MILLION) 90
TABLE 75 REST OF ASIA-PACIFIC: MODULAR CONSTRUCTION MARKET, BY PRODUCT, 2015-2023 (USD MILLION) 91
TABLE 76 REST OF ASIA-PACIFIC: MODULAR CONSTRUCTION MARKET, BY APPLICATION, 2015-2023 (USD MILLION) 91
TABLE 77 ROW: MODULAR CONSTRUCTION MARKET, BY COUNTRY, 2015-2023 (USD MILLION) 92
TABLE 78 ROW: MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2015-2023 (USD MILLION) 93
TABLE 79 ROW: MODULAR CONSTRUCTION MARKET, BY CONSTRUCTION, 2015-2023 (USD MILLION) 94
TABLE 80 ROW: MODULAR CONSTRUCTION MARKET, BY PRODUCT, 2015-2023 (USD MILLION) 95
TABLE 81 ROW: MODULAR CONSTRUCTION MARKET, BY APPLICATION, 2015-2023 (USD MILLION) 96
TABLE 82 MIDDLE EAST: MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2015-2023 (USD MILLION) 97
TABLE 83 MIDDLE EAST: MODULAR CONSTRUCTION MARKET, BY CONSTRUCTION, 2015-2023 (USD MILLION) 97
TABLE 84 MIDDLE EAST: MODULAR CONSTRUCTION MARKET, BY PRODUCT, 2015-2023 (USD MILLION) 97
TABLE 85 MIDDLE EAST: MODULAR CONSTRUCTION MARKET, BY APPLICATION, 2015-2023 (USD MILLION) 98
TABLE 86 SOUTH AMERICA: MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2015-2023 (USD MILLION) 99
TABLE 87 SOUTH AMERICA: MODULAR CONSTRUCTION MARKET, BY CONSTRUCTION, 2015-2023 (USD MILLION) 100
TABLE 88 SOUTH AMERICA: MODULAR CONSTRUCTION MARKET, BY PRODUCT, 2015-2023 (USD MILLION) 100
TABLE 89 SOUTH AMERICA: MODULAR CONSTRUCTION MARKET, BY APPLICATION, 2015-2023 (USD MILLION) 101
TABLE 90 AFRICA: MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2015-2023 (USD MILLION) 102
TABLE 91 AFRICA: MODULAR CONSTRUCTION MARKET, BY CONSTRUCTION, 2015-2023 (USD MILLION) 102
TABLE 92 AFRICA: MODULAR CONSTRUCTION MARKET, BY PRODUCT, 2015-2023 (USD MILLION) 102
TABLE 93 AFRICA: MODULAR CONSTRUCTION MARKET, BY APPLICATION, 2015-2023 (USD MILLION) 103
TABLE 94 ACS GROUP: KEY DEVELOPMENT, 2014-2016. 111
TABLE 95 SKANSKA AB: KEY DEVELOPMENTS, 2016. 124
TABLE 96 TAISEI CORPORATION: KEY DEVELOPMENTS, 2016. 138
TABLE 97 RED SEA HOUSING SERVICES: GEOGRAPHIC REVENUE MIX, 2016 (%) 144
TABLE 98 RED SEA HOUSING SERVICES: KEY DEVELOPMENTS, 2014-2016. 145
TABLE 99 SYSTEM HOUSE R & C CO. LTD: KEY DEVELOPMENTS, 2014-2016. 146
FIGURE 1 RESEARCH PROCESS OF MRFR 17
FIGURE 2 TOP DOWN & BOTTOM UP APPROACH 19
FIGURE 3 FDI INFLOWS, ASIA-PACIFIC, 2010-2015 (USD BILLION) 22
FIGURE 4 PORTER’S FIVE FORCES ANALYSIS OF GLOBAL MODULAR CONSTRUCTION MARKET 25
FIGURE 5 VALUE CHAIN ANALYSIS OF GLOBAL MODULAR CONSTRUCTION MARKET 27
FIGURE 6 GLOBAL MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2016 (% SHARE) 30
FIGURE 7 GLOBAL MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2015 – 2023 (USD MILLION) 31
FIGURE 8 GLOBAL MODULAR CONSTRUCTION MARKET, BY CONSTRUCTION, 2016 (IN %) 33
FIGURE 9 GLOBAL MODULAR CONSTRUCTION MARKET, BY CONSTRUCTION, 2015 – 2023 (USD MILLION) 34
FIGURE 10 GLOBAL MODULAR CONSTRUCTION MARKET, BY PRODUCT, 2016 (% SHARE) 37
FIGURE 11 GLOBAL MODULAR CONSTRUCTION MARKET, BY PRODUCT, 2015 – 2023 (USD MILLION) 37
FIGURE 12 GLOBAL MODULAR CONSTRUCTION MARKET, BY APPLICATION, 2016 (% SHARE) 41
FIGURE 13 GLOBAL MODULAR CONSTRUCTION MARKET, BY APPLICATION, 2015 – 2023 (USD MILLION) 41
FIGURE 14 GLOBAL MODULAR CONSTRUCTION MARKET SHARE, BY REGION, 2016 (% SHARE) 44
FIGURE 15 GLOBAL MODULAR CONSTRUCTION MARKET, BY REGION, 2015-2023 (USD MILLION) 44
FIGURE 16 NORTH AMERICA: MODULAR CONSTRUCTION MARKET SHARE, BY COUNTRY, 2016 (% SHARE) 46
FIGURE 17 NORTH AMERICA: MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2015-2023 (USD MILLION) 47
FIGURE 18 NORTH AMERICA: MODULAR CONSTRUCTION MARKET, BY CONSTRUCTION, 2015-2023 (USD MILLION) 48
FIGURE 19 NORTH AMERICA: MODULAR CONSTRUCTION MARKET, BY PRODUCT, 2015-2023 (USD MILLION) 49
FIGURE 20 NORTH AMERICA: MODULAR CONSTRUCTION MARKET, BY APPLICATION, 2015-2023 (USD MILLION) 50
FIGURE 21 EUROPE: MODULAR CONSTRUCTION MARKET, BY REGION, 2016 (% SHARE) 58
FIGURE 22 EUROPE: MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2015-2023 (USD MILLION) 58
FIGURE 23 EUROPE: MODULAR CONSTRUCTION MARKET SIZE, BY CONSTRUCTION, 2015-2023 (USD MILLION) 60
FIGURE 24 EUROPE: MODULAR CONSTRUCTION MARKET SIZE, BY PRODUCT, 2015-2023 (USD MILLION) 61
FIGURE 25 EUROPE: MODULAR CONSTRUCTION MARKET, BY APPLICATION, 2015-2023 (USD MILLION) 62
FIGURE 26 FDI INFLOWS, ASIA-PACIFIC, 2010-2015 (USD BILLION) 78
FIGURE 27 ASIA-PACIFIC: MODULAR CONSTRUCTION MARKET SHARE, BY COUNTRY, 2016 (% SHARE) 78
FIGURE 28 ASIA-PACIFIC: MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2015-2023 (USD MILLION) 79
FIGURE 29 ASIA-PACIFIC: MODULAR CONSTRUCTION MARKET, BY CONSTRUCTION, 2015-2023 (USD MILLION) 80
FIGURE 30 ASIA-PACIFIC: MODULAR CONSTRUCTION MARKET, BY PRODUCT, 2015-2023 (USD MILLION) 81
FIGURE 31 ROW: MODULAR CONSTRUCTION MARKET SHARE, BY COUNTRY, 2016 (% SHARE) 92
FIGURE 32 ROW: MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2015-2023 (USD MILLION) 93
FIGURE 33 ROW: MODULAR CONSTRUCTION MARKET, BY CONSTRUCTION, 2015-2023 (USD MILLION) 94
FIGURE 34 ROW: MODULAR CONSTRUCTION MARKET, BY PRODUCT, 2015-2023 (USD MILLION) 95
FIGURE 35 ROW: MODULAR CONSTRUCTION MARKET, BY APPLICATION, 2015-2023 (USD MILLION) 96
FIGURE 36 GROWTH STRATEGIES, BY KEY PLAYERS IN GLOBAL MODULAR CONTRUCTION MARKET, 2016, (IN %) 104
FIGURE 37 GLOBAL MODULAR CONSTRUCTION MARKET SHARE ANALYSIS, (% SHARE) 105
FIGURE 38 KOMATSU LTD.: TOTAL REVENUE VS SEGMENTAL REVENUE, (USD MILLION) 106
FIGURE 39 KOMATSU LTD: CONSTRUCTION, MINING AND UTILITY EQUIPMENT REVENUE BY REGION, 2016 (%) 107
FIGURE 40 KOMATSU LTD.: KEY DEVELOPMENTS, 2014-2016, (%) 108
FIGURE 41 KOMATSU LTD.: SWOT ANALYSIS 108
FIGURE 42 ACS GROUP : TOTAL REVENUE VS SEGMENTAL REVENUE, (USD MILLION) 109
FIGURE 43 ACS GROUP: GEOGRAPHIC REVENUE MIX, 2016, (%) 110
FIGURE 44 ACS GROUP: SWOT ANALYSIS 113
FIGURE 45 BALFOUR BEATTY PLC: TOTAL REVENUE VS SEGMENTAL REVENUE (USD MILLION) 114
FIGURE 46 BALFOUR BEATTY PLC: GEOGRAPHIC REVENUE MIX, 2016 (%) 115
FIGURE 47 BALFOUR BEATTY PLC: KEY DEVELOPMENTS, 2014-2016. (%) 119
FIGURE 48 BALFOUR BEATTY PLC: SWOT ANALYSIS 119
FIGURE 49 SKANSKA AB: TOTAL REVENUE VS SEGMENTAL REVENUE (USD MILLION) 120
FIGURE 50 SKANSKA AB: GEOGRAPHIC REVENUE MIX, 2016 (%) 121
FIGURE 51 SKANSKA AB: SWOT ANALYSIS 125
FIGURE 52 LARSEN & TOUBRO LIMITED: TOTAL REVENUE VS SEGMENTAL REVENUE (USD MILLION) 126
FIGURE 53 LARSEN & TOUBRO LIMITED: GEOGRAPHIC REVENUE MIX, 2016 (%) 127
FIGURE 54 L&T: KEY DEVELOPMENTS, 2016. 129
FIGURE 55 L&T: SWOT ANALYSIS 130
FIGURE 56 TAISEI CORPORATION: TOTAL REVENUE VS SEGMENTAL REVENUE (USD MILLION) 135
FIGURE 57 BOUYGUES GROUP: TOTAL REVENUE VS SEGMENTAL REVENUE (USD MILLION) 139
FIGURE 58 BOUYGUES GROUP: GEOGRAPHIC REVENUE MIX, 2016 (%) 140
FIGURE 59 BOUYGUES GROUP: KEY DEVELOPMENTS, 2014-2016, (%) 142
FIGURE 60 RED SEA HOUSING SERVICES: TOTAL REVENUE VS SEGMENTAL REVENUE (USD MILLION) 143
