The North America modular construction market is projected to grow from USD 30.7 billion in 2025 to USD 40.7 billion by 2030, at a CAGR of 5.82% during the forecast period. The report highlights key drivers, restraints, north america modular construction market trends, and financial structures shaping the industry. The modular construction market in North America is expanding rapidly due to acute labor shortages, soaring construction costs, pressure for shorter project timelines, and rising demand for eco-friendly, energy-efficient structures.

The North American region has experienced significant growth in the global modular construction industry with an increased acceptance of modular construction techniques within all sectors of the economy, including residential, commercial, hospitality, and institutional buildings. The region has a well-developed off-site construction ecosystem and is capitalizing on the rapidly growing demand for modular building solutions, which are cost-effective, scalable, and enable very fast construction. Many construction firms are now utilizing modular construction methods to address labor shortages in the construction industry, as well as the increasing cost and scheduling pressures placed on traditional construction projects.

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The US is the largest and fastest-growing market in North America for modular construction. The country has been investing heavily in new buildings for multi-family housing, healthcare facilities, and urban revitalization projects, which has created significant demand for modular construction methods. In addition to the rapid increase in demand for modular construction methods, the US is also leading the way in innovation in the construction industry through the use of technology, including digitally designed and automated modular systems. US construction firms are continuing to increase their focus on sustainability and the development of energy-efficient buildings. Expanding the number of factories across the country will contribute to the continued growth and success of modular construction methods.

The modular construction market in North America is segmented by type into Permanent Modular Construction (PMC) and Relocatable Modular Construction (RMC). Each type has been designed for the specific needs of different industries. Permanent modular construction dominates the market, with applications in multi-family housing, commercial buildings, and healthcare & institutional buildings. These applications require a long-term structure that meets all state and local building codes, making the durability and reliability inherent to professional modular construction ideal for clients with increasing construction activity or the challenge of finding skilled workers to perform the work. Despite its smaller market share, relocatable modular construction also plays a significant role. The product can be constructed quickly for use in temporary or semi-permanent settings, such as educational spaces, offices, medical units, and workforce housing. Due to their lightweight, ease of use, transportability, and rapid deployment, they are often utilized for disaster recovery, remote projects, and other short-term requirements throughout the North American region.

The modular construction market in North America, based on material, is segmented into three main categories: concrete, steel, and wood. Each material provides different structural characteristics and performance requirements. Concrete modular buildings are commonly used where high strength, fire resistance, and longevity are most important, such as in commercial buildings, hotels, and multi-story residential buildings, whereas steel modular construction is becoming increasingly popular due to its high strength-to-weight ratio, design versatility, and ability to create mid-rise and high-rise modular buildings. Additionally, steel’s precision, ability to be recycled multiple times, and compatibility with more advanced off-site manufacturing technologies are some of the reasons why steel is recognized as a preferred material for urban areas. Wood continues to represent a significant portion of the modular construction market, particularly for residential and low-rise buildings, due to its cost-effectiveness, sustainability, and ease of workability. Increased environmental consciousness and improvements in engineered wood products will continue to drive the growth of wood usage across the US.

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The modular construction market in North America is segmented by end-use industry into residential, retail & commercial, healthcare, education, hospitality, office, and other sectors. Every industry in the modular construction market in North America has unique needs for speed of construction and reduced costs. The residential sector has experienced the highest growth due to housing shortages and the need to quickly develop both single-family and multi-family dwellings at a low cost. The retail and commercial sectors utilize modular construction for consistent and repeatable designs, which speeds up store openings and reduces downtime for store operations. The healthcare and education sectors also use modular construction for new clinics, laboratories, classrooms, and to add on to existing buildings. Rapid deployment and strict quality control are critical for these sectors. Both the hospitality and office sectors are leveraging modular construction to achieve consistency in design, increased facility scalability, and shorter occupancy dates. Other industries, such as those in the industrial and government sectors, are utilizing modular construction to create buildings that can be easily adapted to changing needs and to save on long-term construction costs.

North America Modular Construction Companies

The major players in the modular construction market in North America with a significant regional presence are Guerdon Modular Buildings (US), FullStack Modular (US), Z Modular (US), Harbinger Production Inc. (US), and Method Homes (US), among others. Market competitors in the modular construction industry in North America are focusing on expanding their international presence and collaborating with adjacent markets to further increase their market share. They are also investing in research and development to create innovative products.

Guerdon Modular Buildings (US) is a leading manufacturer of large-scale commercial modular construction projects across the Western US and Canada, based in Boise, Idaho. Its off-site, factory-based modular assembly is combined with on-site foundation work, enabling simultaneous progress that substantially shortens project schedules while maintaining high quality and code compliance. The company delivers a full suite of services, including design, engineering, transportation, installation, and on-site assembly for multi-family housing, hotels, senior living, student housing, workforce housing, and hospitality projects. With decades of experience and more than 200 completed projects, Guerdon has established itself as a trusted partner for medium- to large-scale, multi-story modular buildings in the region. 

FullStack Modular (US) is a technology-driven modular builder specializing in mid- and high-rise multifamily buildings, hotels, and student housing in urban environments across the US. Merging design, manufacturing, and construction phases into a single integrated “Design-Manufacture-Construct” process, FullStack significantly reduces time, cost, and on-site disruption compared to traditional building methods. Their proprietary steel chassis system and factory workflows enable buildings up to 45 stories, offering substantial cost and schedule certainty, reduced waste, and enhanced safety and sustainability. FullStack’s full interior fit-out, including plumbing, HVAC, finishes, facades, elevator shafts, and more, is completed off-site, offering developers a turnkey modular solution that speeds up delivery without compromising quality.

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Table of Contents - Major Key Points

1. Study Coverage

2. Executive Summary

3. Research Methodology

4. Global Production Analysis

5. Value Chain and Supply-Chain Analysis

6. Market Dynamics

7. Competition by Chemistry

8. Market Segmentation

9. Regional Analysis

10. Corporate Profile

11. Conclusion...