The Global Modular Building Market was valued at USD 95.21 Billion in 2023 and is projected to reach USD 142.88 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 6.2% during the forecast period (2024–2030). This robust growth is fueled by an urgent need for accelerated construction timelines, a persistent shortage of skilled labor, and the rising demand for sustainable and cost-effective building solutions across residential, commercial, and industrial sectors.

As the construction industry pivots towards efficiency and sustainability, modular construction emerges as a transformative force. This methodology, which involves fabricating building components off-site in a controlled factory environment, is reshaping project delivery. In this blog, we profile the Top 10 Companies in the Modular Building Industry—a dynamic mix of global construction giants, specialized modular manufacturers, and innovative technology integrators who are building the future, one module at a time.

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🔟 1. Bouygues Construction

Headquarters: Paris, France
Key Offering: Turnkey modular construction solutions for residential, healthcare, and educational sectors

Bouygues Construction is a global construction and services group with a formidable modular division. The company leverages its extensive engineering expertise to deliver large-scale, high-quality modular projects, from student accommodations to modern hospitals, emphasizing speed and sustainability.

Innovation & Sustainability Initiatives:

• Investment in BIM (Building Information Modeling) and DfMA (Design for Manufacture and Assembly)

• Commitment to achieving net-zero carbon on all new projects by 2050

• Development of energy-positive modular buildings

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9️⃣ 2. Skanska

Headquarters: Stockholm, Sweden
Key Offering: Commercial and public sector modular construction, including offices and schools

Skanska is a leading project development and construction group with a strong foothold in modular techniques across Scandinavia, Europe, and the United States. The company is renowned for its focus on green building and creating healthier environments through off-site construction methods.

Innovation & Sustainability Initiatives:

• Pioneering the use of cross-laminated timber (CLT) in modular projects

• Targets for carbon-neutral construction sites and operations

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8️⃣ 3. Lendlease Corporation

Headquarters: Sydney, Australia
Key Offering: Integrated modular solutions for residential communities and urban regeneration projects

Lendlease is a multinational construction and property giant that has fully embraced Design for Manufacture and Assembly (DfMA). Their approach integrates modular construction into large-scale urban developments, significantly reducing waste and construction timeframes.

Innovation & Sustainability Initiatives:

• Establishment of dedicated off-site manufacturing facilities

• Achieved Net Zero Carbon status for its global operations in 2020

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7️⃣ 4. Algeco Scotsman

Headquarters: Baltimore, Maryland, USA
Key Offering: Relocatable and permanent modular buildings for education, healthcare, and commercial use

Algeco Scotsman is one of the world’s leading modular space providers, operating across North America, Europe, and Asia. The company offers a vast portfolio of temporary and permanent structures, serving diverse sectors with a focus on flexibility and rapid deployment.

Innovation & Sustainability Initiatives:

• Development of advanced, energy-efficient modular units

• Circular economy initiatives focused on refurbishing and reusing modules

Download FREE Sample Report: Modular Building Market – View in Detailed Research Report

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6️⃣ 5. Daiwa House

Headquarters: Osaka, Japan
Key Offering: Prefabricated homes, logistics facilities, and healthcare buildings

Daiwa House Industry Co., Ltd. is Japan’s largest homebuilder and a global leader in prefabrication. The company has perfected high-volume, precision manufacturing of modular units, delivering exceptional quality and durability for residential and industrial applications.

Innovation & Sustainability Initiatives:

• Integration of smart home technologies and IoT in modular designs

• Leadership in developing disaster-resistant and eco-friendly housing solutions

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5️⃣ 6. Laing O’Rourke

Headquarters: Dartford, United Kingdom
Key Offering: DfMA-led construction for major infrastructure and building projects

Laing O’Rourke is a leading international engineering enterprise renowned for its commitment to modern methods of construction (MMC). The company operates one of the most advanced pre-cast concrete and modular manufacturing facilities in Europe, driving efficiency in complex projects.

Innovation & Sustainability Initiatives:

• Heavy investment in off-site manufacturing and digital engineering

• Ambition to be the leading predictor of outcome in the construction industry

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4️⃣ 7. Katerra

Headquarters: Menlo Park, California, USA (Operations continued post-restructuring)
Key Offering: Technology-driven end-to-end building services with a focus on mass timber and modular components

Katerra aimed to revolutionize construction by leveraging technology to streamline the entire building process, from design to material supply and fabrication. Though it underwent restructuring, its impact on promoting cross-laminated timber and integrated modular solutions remains significant.

Innovation & Sustainability Initiatives:

• Pioneered the use of mass timber in large-scale modular construction

• Developed a proprietary technology platform to manage the construction supply chain

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3️⃣ 8. Skyline Champion Corporation

Headquarters: Troy, Michigan, USA
Key Offering: Factory-built homes and modular structures for the North American market

Skyline Champion is one of the largest producers of factory-built housing in the United States and Canada. The company excels in high-volume manufacturing of affordable, quality-assured homes, addressing critical housing shortages with efficiency and scale.

Innovation & Sustainability Initiatives:

• Focus on energy-efficient designs to reduce homeowner utility costs

• Strategic acquisitions to expand manufacturing capacity and geographic reach

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2️⃣ 9. Sekisui House

Headquarters: Osaka, Japan
Key Offering: Prefabricated detached houses and large-scale residential projects

Sekisui House, Ltd. is a global leader in residential construction, renowned for its high-quality, sustainable prefabricated homes. The company has built millions of housing units and is at the forefront of developing zero-energy and smart communities.

Innovation & Sustainability Initiatives:

• Commitment to building only net-zero energy houses by 2030

• Development of the “Green First” standard for sustainable living

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1️⃣ 10. Red Sea Housing

Headquarters: Al Khobar, Saudi Arabia
Key Offering: Modular buildings and complex camps for the industrial, commercial, and oil & gas sectors

Red Sea Housing Services Co. is a major international provider of modular buildings, particularly for remote and demanding environments. The company serves global clients with robust, relocatable camp solutions and permanent modular structures, with a strong presence in the Middle East and Africa.

Innovation & Sustainability Initiatives:

• Specialization in durable, climate-resilient modular designs

• Expansion of service offerings to include full camp management and logistics

Get Full Report Here: Modular Building Market – View in Detailed Research Report

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🏗️ Outlook: The Future of Construction is Modular, Smart, and Sustainable

The modular building market is experiencing a paradigm shift, moving from a niche solution to a mainstream construction method. While traditional construction still dominates in volume, the industry is rapidly adopting advanced manufacturing techniques, digital tools, and sustainable materials to meet the demands of the 21st century.

📈 Key Trends Shaping the Market:

• Accelerated adoption of BIM and DfMA for complex modular projects

• Rising investment in mass timber and sustainable materials to reduce carbon footprint

• Integration of IoT and smart building technologies directly into modular units

• Government incentives and policies promoting modern methods of construction to address housing and infrastructure deficits

Get Full Report Here: Modular Building Market – View in Detailed Research Report

The companies listed above are not just constructing buildings—they are engineering a more efficient, sustainable, and resilient future for the global construction industry.