South Korea Modular Construction Market to 2032

Overview

The South Korea Modular Construction Market is expected to reach a 4,140,332.83 USD Billion by 2032 and is projected to grow at a CAGR of 8.24% from 2025 to 2032.

Revenue, 2024 (USD Billion)
2,532,579.36
Forecast, 2032 (USD Billion)
4,140,332.83
CAGR, 2024 - 2032
8.24%
Report Coverage
South Korea

South Korea Modular Construction Market 2018-2032 USD Billion

South Korea Modular Construction Market, Key Findings (2025-2032)

Market Growth and Projections:

  • Market Size (2024): 2,532,579.36 USD Billion
  • Projected Market Size (2032): 4,140,332.83 USD Billion
  • CAGR (2025-2032): 8.24%

Key Findings of South Korea Modular Construction Market

  • The South Korea Modular Construction Market was valued at 2,532,579.36 USD Billion in 2024.
  • The South Korea Modular Construction Market is likely to grow at a CAGR of 8.24% during the forecast period of 2024 to 2032.
  • In 2024, the Largest segment Permanent in Type Segment accounted for the largest share of the market with a revenue of 1,606,903.43 USD Billion
  • The fastest growing segment Residential in End-User Segment grew Fastest with a CAGR of 9.46% during the forecast period from 2024 to 2032.

South Korea Modular Construction Market Scope

South Korea Modular Construction Market Segmentation & Scope
End-User
  • Others
  • Office
  • Retail and Commercial
  • Education
  • Healthcare
  • Hospitality
  • Residential
Material
  • Others
  • Concrete
  • Steel
  • Wood
Type
  • Relocatable
  • Permanent

South Korea Modular Construction Market Data Coverage Insights

Study Period 2024-2032
Base Year 2022
Unit Revenue in USD Billion
Market Value in 2024 2,532,579.36 USD Billion
Market Value in 2032 4,140,332.83 USD Billion
CAGR (2025-2032) 8.24%
Historic Data 2016-2023
Market Segments Covered End-User,Material,Type

Regional Insights:

  • Leading Market (2024-2032): South Korea, leading in terms of revenue 2,532,579.36 USD Billion in 2024
    • Key Country: South Korea, leading in terms of revenue with value of 2,532,579.36 USD Billion in 2024.

Segments and Scope

  • South Korea Modular Construction Market to 2032, By End-User
    • Residential is the largest segment in South Korea Modular Construction Market to 2032 with a revenue of 976,471.95 USD Billion in the year 2024.
    • Residential is the Fastest growing segment in South Korea Modular Construction Market to 2032 with a Growth rate of 9.46 % in forecast period 2025-2032.
  • South Korea Modular Construction Market to 2032, By Material
    • Wood is the largest segment in South Korea Modular Construction Market to 2032 with a revenue of 1,392,558.78 USD Billion in the year 2024.
    • Steel is the Fastest growing segment in South Korea Modular Construction Market to 2032 with a Growth rate of 8.22 % in forecast period 2025-2032.
  • South Korea Modular Construction Market to 2032, By Type
    • Permanent is the largest segment in South Korea Modular Construction Market to 2032 with a revenue of 1,606,903.43 USD Billion in the year 2024.
    • Permanent is the Fastest growing segment in South Korea Modular Construction Market to 2032 with a Growth rate of 8.44 % in forecast period 2025-2032.

South Korea Modular Construction Market Company Share Analysis

 
Company Name Company Share Analysis
Skanska
Bechtel Corporation
LAING O’ROURKE
Fluor Corporation
Atco Ltd.
South Korea Modular Construction Market Company Share Analysis

South Korea Modular Construction Market Geographical Sales Distribution, 2018-2032 USD Billion

South Korea Modular Construction Market Geographical Sales Distribution, 2018-2032 USD Billion

South Korea Modular Construction Market Company Profiling

South Korea Modular Construction Market Company Profiling
Frequently Asked Questions
The South Korea Modular Construction Market is segmented based on Segmentation End-User,Material,Type.
South Korea Modular Construction Market was valued at USD 2,532,579.36(Revenue in USD Billion) in 2022.
South Korea Modular Construction Market is projected to grow at a CAGR of 8.24% during the forecast period of 2024 to 2032.
The Permanent segment is expected to dominate the South Korea Modular Construction Market, holding a largest market share of 1,606,903.43 USD Billion in 2024

South Korea Modular Construction Market Scope

South Korea Modular Construction Market Segmentation & Scope
End-User
  • Others
  • Office
  • Retail and Commercial
  • Education
  • Healthcare
  • Hospitality
  • Residential
Material
  • Others
  • Concrete
  • Steel
  • Wood
Type
  • Relocatable
  • Permanent
Frequently Asked Questions
The South Korea Modular Construction Market is segmented based on Segmentation End-User,Material,Type.
South Korea Modular Construction Market was valued at USD 2,532,579.36(Revenue in USD Billion) in 2022.
South Korea Modular Construction Market is projected to grow at a CAGR of 8.24% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Modular Construction Market for final year is USD 4,140,332.83 (USD Billion).

South Korea Modular Construction Market Company Profiling

South Korea Modular Construction Market Company Profiling
Frequently Asked Questions
The South Korea Modular Construction Market is segmented based on Segmentation End-User,Material,Type.
South Korea Modular Construction Market was valued at USD 2,532,579.36(Revenue in USD Billion) in 2022.
South Korea Modular Construction Market is projected to grow at a CAGR of 8.24% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Modular Construction Market for final year is USD 4,140,332.83 (USD Billion).

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