Modular Construction High Rise Buildings Market Share

ID: MRFR/PCM/4736-CR

111 Pages

Sakshi Gupta

February 2020

Modular Construction for High Rise Buildings Market Research Report Information By Material (Steel), By Building Height (Up to 70 Meters), By Module Type (Bathroom Pods), And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) –Market Forecast Till 2035

Modular Construction High Rise Buildings Market Infographic

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Market Share

Modular Construction High Rise Buildings Market Share Analysis

Modular construction has arisen as a vital participant in the High-Rise Buildings market, utilizing different piece of the pie situating systems to acquire an upper hand. These systems are vital in exploring the unique scene of construction and fulfilling the developing need for proficient and sustainable structure arrangements. Modular construction organizations separate themselves by offering imaginative plan arrangements that take care of the requirements of high-rise buildings. By consolidating state of the art innovations and building progressions, they position themselves as industry pioneers equipped for conveying stylishly satisfying and practically prevalent designs. A critical portion of the overall industry situating technique for modular construction is underscoring cost-effectiveness. By utilizing the upsides of factory-controlled environments, streamlined processes, and diminished construction courses of events, modular construction organizations position themselves as financially smart options in contrast to conventional construction strategies. This reverberates well with clients looking for both quality and cost investment funds. Speed is a basic consider the construction business, and modular construction succeeds in this perspective. Organizations center around situating themselves as suppliers of quick construction answers for high-rise buildings. Fast assembly and decreased adjacent construction time application to designers and financial backers as well as address the rising interest for speedier undertaking finish. Modular construction is not just about standard plans; organizations effectively position themselves as suppliers of highly adaptable arrangements. Offering adaptability in plan and construction permits them to take special care of different client inclinations and venture necessities, making modular construction an appealing choice for an extensive variety of high-rise building projects. Numerous potential clients might in any case be new to the advantages of modular construction. Positioning methodologies incorporate broad market schooling and awareness assignments to inform partners about the benefits, diffuse misunderstandings, and show productive contextual analyses. This proactive methodology helps in beating protection from change and growing the market for modular construction in high-rise buildings.

Market Highlights

Author

Sakshi Gupta

Research Analyst Level II

I have about two years of experience working in the consumer goods and retail industries and I am a biotech graduate.A tech-savvy analytically focused professional with a strong capabilities in identification, concept generation, and strategy evaluation. I can produce data-driven solutions while fusing unusual viewpoints with original concepts. I have been extensively working on business case studies, competitive & comparative analyses, and strategic reports. My primary areas of experience include client management, financial analysis, supply chain evaluation, market entry strategy evaluation, and estimating and forecasting market size.

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FAQs

How much is the modular construction for high rise buildings market?

The modular construction for high rise buildings market size was valued at USD 6.5 Billion in 2022.

What is the growth rate of the modular construction for high rise buildings market?

Modular Construction High Rise Buildings Market is expected to grow with a CAGR of 5.6% in the period 2025-2035

Which region held the largest market share in the modular construction for high rise buildings market?

North America had the largest share in the Modular Construction for High Rise Buildings Market

Who are the key players in the modular construction for high rise buildings market?

The key players in the market are Walker Modular, Euro components Italia SPA, PUDA Industrial Co Ltd, Old castle Superpods, Neopod Systems, Intelligent Offsite, Interpod Offsite, The Pod System, B and T manufacturing and Elements Europe.

Which material led the modular construction for high rise buildings market?

The steel category dominated the Modular Construction for High Rise Buildings Market in 2022.

Which module type had the largest market share in the modular construction for high rise buildings market?

The bathroom pods category had the largest share in the Modular Construction for High Rise Buildings Market

1. Market Overview

2. Market Trends

3. Market Segment Insights

4. Key Players and Competitive Insights

5. Industry Developments

6. Market Segmentation

7. Report Scope

8. Market Highlights

9. FAQs

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Market Summary

As per MRFR analysis, the Modular Construction High Rise Buildings Market was estimated at 7.65 USD Billion in 2024. The modular construction industry is projected to grow from 8.08 USD Billion in 2025 to 13.94 USD Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 5.6 during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The Modular Construction High Rise Buildings Market is experiencing a transformative shift towards sustainability and technological integration.

The market is increasingly driven by a focus on sustainability, with stakeholders prioritizing eco-friendly building practices.
Technological integration is reshaping project delivery methods, enhancing efficiency and collaboration among stakeholders.
North America remains the largest market, while the Asia-Pacific region is recognized as the fastest-growing area for modular construction.
Key market drivers include sustainability initiatives and urbanization trends, which are propelling demand in the residential and commercial segments.

Modular Construction High Rise Buildings Market

CAGR

5.6%

Market Size & Forecast

2024 Market Size	7.65 (USD Billion)
2035 Market Size	13.94 (USD Billion)
CAGR (2025 - 2035)	5.6%
Largest Regional Market Share in 2024	North America

Major Players

Katerra (US), Modular Building Institute (US), Skanska (SE), Lendlease (AU), Turner Construction (US), Balfour Beatty (GB), Z Modular (US), Factory OS (US), Bouygues Construction (FR)

Market Trends

The Modular Construction High Rise Buildings Market is currently experiencing a transformative phase, characterized by a growing emphasis on sustainability and efficiency. This sector appears to be gaining traction as stakeholders increasingly recognize the benefits of modular construction techniques, which offer reduced construction time and enhanced quality control. The integration of advanced technologies, such as Building Information Modeling (BIM) and prefabrication methods, seems to be reshaping traditional building practices, leading to a more streamlined approach in high-rise developments. Furthermore, the rising demand for urban housing solutions is likely to drive innovation within this market, as cities seek to accommodate growing populations while minimizing environmental impact. In addition, the Modular Construction High Rise Buildings Market is witnessing a shift towards collaborative project delivery methods. This trend suggests that stakeholders are prioritizing partnerships and integrated teams to enhance project outcomes. The focus on reducing waste and optimizing resource use aligns with global sustainability goals, indicating a potential long-term commitment to eco-friendly practices. As the market evolves, it may also see increased regulatory support, which could further bolster the adoption of modular construction techniques in high-rise projects. Overall, the future of this market appears promising, with numerous opportunities for growth and development in the coming years.

Sustainability Focus

The emphasis on sustainable building practices is becoming increasingly prominent within the Modular Construction High Rise Buildings Market. Stakeholders are prioritizing eco-friendly materials and energy-efficient designs, which align with global environmental goals.

Technological Integration

The incorporation of advanced technologies, such as Building Information Modeling (BIM) and automation, is transforming the construction process. These innovations enhance efficiency, reduce errors, and improve overall project management.

Collaborative Project Delivery

There is a noticeable shift towards collaborative approaches in project delivery. Stakeholders are forming integrated teams to streamline processes, reduce waste, and enhance communication, ultimately leading to better project outcomes.

Modular Construction High Rise Buildings Market Market Drivers

Growing Urbanization

The Global Modular Construction for High Rise Buildings Market Industry is experiencing a surge due to rapid urbanization. As more people migrate to urban areas, the demand for housing and commercial spaces increases significantly. By 2024, the market is projected to reach 7.65 USD Billion, driven by the need for efficient construction solutions that can accommodate growing populations. Modular construction offers a viable alternative, allowing for quicker assembly and reduced labor costs. Cities worldwide are increasingly adopting modular techniques to address housing shortages, indicating a shift towards sustainable urban development.

Market Segment Insights

By Application: Residential (Largest) vs. Commercial (Fastest-Growing)

The Modular Construction High Rise Buildings Market showcases a diverse application segment, with Residential construction leading the charge. It is closely followed by Commercial applications, which are rapidly gaining traction due to increasing urbanization and the demand for affordable housing. Industrial and Institutional applications hold smaller portions of the market but are witnessing contemplable growth as businesses seek efficient and sustainable building solutions.

Residential: Dominant vs. Commercial: Emerging

Residential modular constructions have solidified their stance as the dominant category, leveraging the increasing emphasis on speedy construction and cost-effectiveness. Conversely, the Commercial segment is emerging rapidly, driven by factors like changing work environments and the need for flexible spaces. Both segments showcase a drive towards innovation, with Residential focusing on maximizing space and sustainability, while Commercial emphasizes versatility in design and functionality. This blend of characteristics positions both segments favorably amidst evolving market demands.

By Construction Type: New Construction (Largest) vs. Renovation (Fastest-Growing)

In the Modular Construction High Rise Buildings Market, the predominant segment is New Construction, which claims the largest market share due to the increasing demand for sustainable and efficient building solutions. As urbanization accelerates and populations swell, cities are increasingly favoring modular techniques for new high-rise projects, optimizing both time and cost. Renovation is emerging as a critical segment, spurred by a push towards revitalizing existing structures to meet modern standards and sustainability goals. This segment is gaining traction as more property owners look to retrofit their buildings rather than engage in new construction.

New Construction: Dominant vs. Renovation: Emerging

New Construction stands as the dominant force in the Modular Construction High Rise Buildings Market, driven by accelerated urbanization and the need for innovative housing solutions. This segment benefits from shorter construction timelines and reduced labor costs due to its modular nature. On the other hand, Renovation is recognized as an emerging segment, appealing to those aiming to upgrade existing infrastructures with sustainable materials and modern designs. The rising focus on environmental sustainability and efficiency in resource usage is propelling this segment, enabling property owners to maintain competitiveness in increasingly dense urban environments. Both segments, while distinct in focus, complement each other, meeting the diverse needs of modern construction.

By Building Height: High Rise (Largest Share) vs. Mid Rise (Fastest-Growing)

In the Modular Construction High Rise Buildings Market, the distribution across building heights shows High Rise structures holding the largest market share. This dominance is attributed to their ability to maximize land use and accommodate growing urban populations. Mid Rise buildings, while holding a smaller share, are becoming increasingly popular due to enhanced design flexibility and faster construction times. This trend points towards a shift in consumer preferences towards practicality and sustainability in urban development practices. The growth trends within the segment reveal that while High Rise buildings maintain their leadership, Mid Rise structures are emerging as the fastest-growing category in the market. This shift is driven by factors such as a growing demand for affordable housing, increased urbanization, and technological advancements in modular construction methods. Developers are increasingly exploring Mid Rise options to balance cost-effectiveness and space utilization, leading to a vibrant competitive landscape within the sector.

High Rise (Dominant) vs. Mid Rise (Emerging)

High Rise buildings are characterized by their towering structures, serving as a solution for high-density urban areas where space is a premium. Their construction allows for extensive options in design, making them highly versatile for various uses, from residential to commercial. These buildings benefit from modular techniques that enhance efficiency and reduce construction time. In contrast, Mid Rise buildings are gaining traction due to their manageable height, allowing for easier integration into existing neighborhoods. This segment is increasingly seen as an attractive option for developers targeting young families and professionals seeking modern living spaces. The modular construction of Mid Rise buildings emphasizes sustainability and quick assembly, making them a compelling choice in the evolving market landscape.

By Material Type: Steel (Largest) vs. Wood (Fastest-Growing)

In the Modular Construction High Rise Buildings Market, Steel holds the largest share among the material types due to its strength, durability, and recyclability. Concrete follows closely, preferred for its cost-effectiveness and structural integrity. Wood, an emerging player in this segment, is gaining traction among eco-conscious builders, while Hybrid options are becoming increasingly popular for their versatility and performance. As the construction sector evolves, each material type showcases unique attributes catering to different market needs.

Steel (Dominant) vs. Hybrid (Emerging)

Steel remains the dominant material in the Modular Construction High Rise Buildings Market, celebrated for its robust structural characteristics and sustainability profile, making it a top choice for high-rise applications. Its strength allows for more extensive spans and taller structures, enabling architects to innovate without compromising safety. In contrast, Hybrid construction, which combines materials like steel and concrete or wood, is emerging as a flexible alternative. This approach optimizes building performance and resource efficiency by leveraging the strengths of different materials, appealing to a growing market segment that values sustainability and adaptability.

By Design Complexity: Moderate (Largest) vs. Complex (Fastest-Growing)

In the Modular Construction High Rise Buildings Market, the design complexity segment showcases a diverse distribution among its values: Simple, Moderate, and Complex. The Moderate design complexity is currently the largest segment, reflecting its widespread adoption due to a balanced blend of efficiency and functionality. Meanwhile, the Complex design complexity segment is rapidly gaining traction as builders seek innovative and aesthetically striking solutions that can accommodate advanced functionalities and unique architectural styles. The growth trends within this segment indicate a shift towards more intricate designs, driven by advancements in technology and increasing customer demands for personalization. Factors like urbanization and a growing focus on sustainability are propelling architects and developers to embrace complex modular designs, thereby enhancing their competitive edge in the market. The push for faster construction times without compromising on quality further supports the rise of complex designs in high-rise buildings.

Moderate (Dominant) vs. Complex (Emerging)

Moderate design complexity represents the dominant choice in the Modular Construction High Rise Buildings Market, characterized by its balanced approach that effectively meets both aesthetic and functional requirements. This segment leverages standardized modular components, allowing for efficient production and assembly while providing flexibility in design to cater to varied client needs. On the contrary, the Complex design complexity segment is emerging as a strong competitor, appealing to innovative builders and developers eager to push the boundaries of traditional construction methods. This segment's focus on intricate designs and custom features is reshaping architectural standards, making it attractive for high-profile projects where uniqueness and advanced functionalities are paramount. The growing trend towards sustainability and eco-friendly practices also resonates with Complex designs, making them highly relevant in today's market.

Get more detailed insights about Modular Construction for High Rise Buildings Market Research Report – Forecast to 2035

Regional Insights

North America : Market Leader in Innovation

North America is poised to maintain its leadership in the Modular Construction High Rise Buildings Market, holding a market size of $3.83 billion as of December 2025. The region's growth is driven by increasing urbanization, a focus on sustainability, and favorable regulations promoting modular construction. The demand for efficient building solutions is further catalyzed by government incentives aimed at reducing construction time and costs. The competitive landscape is robust, with key players such as Katerra, Turner Construction, and Z Modular leading the charge. The U.S. is the primary market, supported by a strong infrastructure and investment in innovative building technologies. The Modular Building Institute plays a crucial role in advocating for modular construction, ensuring that the industry adapts to evolving market needs and regulatory frameworks.

Europe : Emerging Market with Potential

Europe is witnessing a significant shift towards modular construction, with a market size of €2.3 billion projected for December 2025. The region's growth is fueled by stringent environmental regulations and a push for sustainable building practices. Countries like Germany and the UK are leading this transformation, supported by government initiatives that encourage the adoption of modular technologies to meet housing demands efficiently. The competitive landscape features major players such as Skanska and Bouygues Construction, who are investing heavily in modular solutions. The UK is particularly active, with policies aimed at reducing construction waste and improving energy efficiency. As the market evolves, collaboration between public and private sectors will be essential to drive innovation and address the growing demand for high-rise modular buildings.

Asia-Pacific : Rapid Growth and Urbanization

Asia-Pacific is emerging as a key player in the Modular Construction High Rise Buildings Market, with a market size of $1.8 billion expected by December 2025. The region's rapid urbanization and increasing population density are driving demand for innovative construction solutions. Countries like China and Australia are at the forefront, implementing policies that support modular construction as a means to address housing shortages and improve construction efficiency. The competitive landscape is characterized by a mix of local and international players, including Lendlease and Factory OS. China, in particular, is investing heavily in modular technologies to enhance its construction capabilities. As the market matures, the focus will shift towards integrating smart technologies and sustainable practices to meet the evolving needs of urban environments.

Middle East and Africa : Emerging Opportunities Ahead

The Middle East and Africa region is gradually recognizing the potential of modular construction, with a market size of $0.72 billion projected for December 2025. The growth is driven by increasing investments in infrastructure and a need for rapid construction solutions in urban areas. Countries like the UAE are leading the charge, with government initiatives aimed at promoting innovative building methods to meet the demands of a growing population. The competitive landscape is still developing, with a mix of local firms and international players exploring opportunities in modular construction. The region's unique challenges, such as extreme weather conditions, necessitate innovative solutions that modular construction can provide. As awareness of the benefits of modular buildings grows, the market is expected to expand significantly in the coming years.

Key Players and Competitive Insights

The Modular Construction High Rise Buildings Market is currently characterized by a dynamic competitive landscape, driven by increasing urbanization, a growing emphasis on sustainability, and the need for rapid construction solutions. Key players such as Katerra (US), Skanska (SE), and Lendlease (AU) are strategically positioning themselves through innovation and partnerships. Katerra (US) has focused on integrating advanced technology into its construction processes, which enhances efficiency and reduces waste. Meanwhile, Skanska (SE) emphasizes sustainable building practices, aligning its operations with global environmental standards. Lendlease (AU) has adopted a regional expansion strategy, particularly in Asia-Pacific, to capitalize on emerging market opportunities, thereby shaping the competitive environment through diverse operational focuses.

The business tactics employed by these companies include localizing manufacturing and optimizing supply chains to enhance responsiveness to market demands. The market structure appears moderately fragmented, with several players vying for market share. However, the collective influence of major companies is significant, as they drive innovation and set industry standards, thereby shaping the overall market dynamics.

In November 2025, Katerra (US) announced a partnership with a leading technology firm to develop a modular construction platform that leverages AI for project management. This strategic move is likely to enhance Katerra's operational efficiency and position it as a leader in the integration of technology within modular construction. The collaboration may also facilitate the development of smart buildings, aligning with current trends in digitalization.

In October 2025, Skanska (SE) launched a new initiative aimed at reducing carbon emissions in its modular construction projects by 30% by 2030. This commitment underscores Skanska's focus on sustainability and its proactive approach to addressing climate change. By setting ambitious targets, Skanska not only enhances its brand reputation but also positions itself favorably in a market increasingly driven by environmental considerations.

In September 2025, Lendlease (AU) secured a major contract for a high-rise modular project in Singapore, marking a significant expansion of its footprint in the Asia-Pacific region. This project is expected to showcase Lendlease's innovative construction techniques and commitment to sustainability, potentially setting a benchmark for future developments in the region. The strategic importance of this contract lies in its potential to enhance Lendlease's market presence and demonstrate the viability of modular construction in urban settings.

As of December 2025, current competitive trends in the Modular Construction High Rise Buildings Market are heavily influenced by digitalization, sustainability, and the integration of AI technologies. Strategic alliances are increasingly shaping the landscape, as companies recognize the value of collaboration in driving innovation. The competitive differentiation is likely to evolve from traditional price-based competition to a focus on technological advancements, sustainable practices, and supply chain reliability. This shift indicates a transformative phase in the market, where companies that prioritize innovation and sustainability may gain a competitive edge.

Key Companies in the Modular Construction High Rise Buildings Market market include

Industry Developments

November 2021: Bathroom pods have been produced by Old Castle Sure Pods. It necessitates simple installation in dorms, facilities for assisted living, and therefore commercial projects.

Future Outlook

Modular Construction High Rise Buildings Market Future Outlook

The Modular Construction High Rise Buildings Market is projected to grow at a 5.6% CAGR from 2024 to 2035, driven by urbanization, sustainability demands, and technological advancements.

New opportunities lie in:

Integration of smart building technologies for enhanced energy efficiency.
Development of modular components for rapid assembly and reduced labor costs.
Expansion into emerging markets with tailored modular solutions.

By 2035, the market is expected to solidify its position as a leader in innovative construction solutions.

Market Segmentation

Modular Construction High Rise Buildings Market Application Outlook

Residential
Commercial
Industrial
Institutional

Modular Construction High Rise Buildings Market Material Type Outlook

Steel
Concrete
Wood
Hybrid

Modular Construction High Rise Buildings Market Building Height Outlook

Low Rise
Mid Rise
High Rise

Modular Construction High Rise Buildings Market Construction Type Outlook

New Construction
Renovation
Expansion

Modular Construction High Rise Buildings Market Design Complexity Outlook

Simple
Moderate
Complex

Report Scope

MARKET SIZE 2024	7.65(USD Billion)
MARKET SIZE 2025	8.08(USD Billion)
MARKET SIZE 2035	13.94(USD Billion)
COMPOUND ANNUAL GROWTH RATE (CAGR)	5.6% (2024 - 2035)
REPORT COVERAGE	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR	2024
Market Forecast Period	2025 - 2035
Historical Data	2019 - 2024
Market Forecast Units	USD Billion
Key Companies Profiled	Katerra (US), Modular Building Institute (US), Skanska (SE), Lendlease (AU), Turner Construction (US), Balfour Beatty (GB), Z Modular (US), Factory OS (US), Bouygues Construction (FR)
Segments Covered	Application, Construction Type, Building Height, Material Type, Design Complexity
Key Market Opportunities	Integration of advanced technologies enhances efficiency in the Modular Construction High Rise Buildings Market.
Key Market Dynamics	Rising demand for sustainable construction practices drives innovation in modular high-rise building technologies and materials.
Countries Covered	North America, Europe, APAC, South America, MEA