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Saudi Arabia and GCC Modular Construction Market – Industry Trends and Forecast to 2031

Chemical and Materials

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Saudi Arabia and GCC Modular Construction Market – Industry Trends and Forecast to 2031

  • Chemical and Materials
  • Published Report
  • Jan 2024
  • Country Level
  • 350 Pages
  • No of Tables: 78
  • No of Figures: 28

Saudi Arabia and GCC Modular Construction Market – Industry Trends and Forecast to 2031

Market Size in USD Billion

CAGR :  % Diagram

Diagram Forecast Period 2023–2031
Diagram Market Size (Base Year) USD 3,381,154.62 USD Million
Diagram Market Size (Forecast Year) USD 4,674,603.87 USD Million
Diagram CAGR %

Major Markets Players

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Saudi Arabia and GCC Modular Construction Market, By Type (Permanent and Relocatable), Material (Wood, Steel, Concrete, Plastic, Glass, and Others), End-User (Residential, Commercial, and Industrial) - Industry Trends and Forecast to 2031.

Saudi Arabia and GCC Modular Construction Market Analysis and Size

The Saudi Arabia and GCC modular construction market report provides details of market share, new developments, and the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. Contact us for an analyst brief to understand the analysis and the market scenario. Our team will help you create a revenue-impact solution to achieve your desired goal.  

Saudi Arabia and GCC Modular Construction MarketSaudi Arabia and GCC Modular Construction Market

Data Bridge Market Research analyses that the market is growing with a CAGR of 4.3% in the forecast period of 2024 to 2031 and is expected to reach USD 4,674,603.87 thousand by 2031 from USD  3,381,154.62 in 2023.

Report Metric

Details

Forecast Period

2024 to 2031

Base Year

2023

Historic Years

2022 (Customizable to 2016-2021)

Quantitative Units

Revenue in USD Thousand

Segments Covered

Type (Permanent and Relocatable), Material (Wood, Steel, Concrete, Plastic, Glass, and Others), End-User (Residential, Commercial, and Industrial)

Countries Covered

Saudi Arabia, U.A.E., Qatar, Kuwait, Oman, and Bahrain 

Market Players Covered

Bechtel Corporation, Fluor Corporation, LAING O’ROURKE, RED SEA INTERNATIONAL, BK Gulf LLC (a Subsidiary of Dutco Group of Companies), SPACEMAKER KSA, DUBOX, Arabian Containers LLC, Karmod Prefabricated Technologies., KOMA MODULAR, and Gulf Modular International among others

Market Definition

Modular construction is a process in which a building is constructed off-site. The building is constructed under controlled plant conditions using the same design and materials to the same codes and standards as usually built facilities but in around half the time. Buildings are manufactured in “modules” that when put together on site, and specifications of the most sophisticated site-built facility and reflect the identical design intent without compromise.

Modular Construction Market Dynamics

This section deals with understanding the market drivers, opportunities, challenges, and restrains. All of this is discussed in detail below:

Drivers

  • Ability to Complete Projects Faster Compared to Traditional On-Site Buildings

Modular construction has been utilized for a long time in the construction of residential and many other commercial product types due to the quick delivery times for the assigned project. Modular buildings are constructed off-site in modules and brought to the site in flat-packed panels. Construction off-site is transforming the construction process for schools, commercial buildings, hospitals, and other segments, ensuring better construction quality management and quicker delivery times.

Modularization methods for construction can help perform several tasks simultaneously. Weather conditions have no major impact on the schedule, so the time required to complete a modular construction project is usually less than that of traditional on-site building methods. In addition, the production of prefabricated components for modular construction is highly automated and of higher quality.

Modular construction is a ready-made structure where limited intervention is required on-site and it could synchronized along with site work and foundation activity. This time-saving benefit keeps the project on schedule. It speeds up construction time while still being efficient, which is driving the market growth.

  • Growing Emphasis on Sustainability, Quality, and Workers' Safety

Continuously growing government initiatives to promote green construction, building technique, and reducing waste are driving the market growth. Traditional building method generates around 56 million tons of debris every year. However, modular construction uses precise measurement and management, creating multiple modules so discarded materials can be reused for other projects. This effectively helps in minimizing the generation of waste. The amount of waste generated by traditional construction challenges the environment compared to modular construction. Modular construction generates less waste and is also easy to dispose of.

Saudi Arabia and GCC Modular Construction Market

Opportunity

  • Increased Support from Government’s Rules and Policies

Over the past few years, the governments of Saudi Arabia and GCC have been increasing their spending towards shifting reliance from crude oil sector to enhancing the manufacturing output from sectors such as construction, automotive, and consumer goods.

The governments of Saudi Arabia and GCC have confirmed plans for a revolution in housebuilding, office space, and other commercial spaces in their respective countries. The surge of investment by government is noticed in the recent years, therefore increased support from government and its regulations and policies are expected to act as lucrative opportunity for the market growth.

Restraints/Challenges

  • Lack of Reliability on Modular Construction in Earthquake-Prone Regions

Modular construction is a revolutionary new method used to build homes and businesses. Modular homes can be found in earthquake and seismic zones, but the ability to sustain the seismic movement is quite limited. Assembling failure can lead to joint issues, leakages, or void spaces. Earthquake-resistant construction is the fabrication of a building or structure that can withstand sudden shock or shake by minimizing structural damage, human deaths, and injuries. Therefore, suitable construction methods are required to ensure earthquake-resistance design objectives.

Modular construction involves building prefabricated modules off-site, delivering them to the worksite, and assembling them to create a permanent structure at the place of installation. Therefore, the building is prone to earthquakes due to assembling the modules.

  • Lack of Awareness regarding Modular Construction

Modular construction has long been a high-quality, versatile, environment-friendly building solution. One major challenge faced by modular construction is the lack of awareness among people for these prefabricated spaces. Many people have misconceptions about it, suggesting that modular buildings are temporary structures that are cheap and of limited use. However, modular construction offers a high degree of flexibility and design freedom.

There are several issues in the adoption of modular constructions, including initial high building costs, lack of understanding of the prefabricated method of construction, technical and installation hurdles, and the inability to find prefabrication businesses locally. These factors make the consumer more unaware of the benefits associated with the use of modular construction. Moreover, prefabricated modular construction solutions require a process-based approach for any building or project.

Recent Developments

  • In September 2023, Bechtel Corporation announced the opening of a new regional headquarters in Riyadh, Saudi Arabia. This new regional headquarters reflects its strong and long-standing commitment to our regional customers and partners
  • In Jan 2023, Karmod Prefabricated Technologies., container construction sites will be used in the establishment phase of THE LINE city, which will stretch along the Gulf of Aqaba in the northwest of the country
  • In November 2022, Laing O’Rourke was selected by Khazna Data Centres (Khazna) to undertake the design and construction of a cutting-edge 21.45MW data centre facility and associated office space situated in Dubai Design District

Saudi Arabia and GCC Modular Construction Market Scope

The Saudi Arabia and GCC modular construction market is categorized into three notable segments based on type, material, and end-user. The growth amongst these segments will help you analyze major growth segments in the industries and provide the users with a valuable market overview and market insights to make strategic decisions to identify core market applications.

Type

  • Permanent
  • Relocatable

On the basis of type, the market is segmented into permanent and relocatable.

Material

  • Wood
  • Steel
  • Concrete
  • Plastic
  • Glass
  • Others

On the basis of material, the market is segmented into wood, steel, concrete, plastic, glass, and others.

End-User

  • Residential
  • Commercial
  • Industrial

On the basis of end-user, the market is segmented into residential, commercial, and industrial.

Saudi Arabia and GCC Modular Construction Market

Competitive Landscape and Saudi Arabia GCC Modular Construction Market Share Analysis

The Saudi Arabia and GCC modular construction market competitive landscape provides details by competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies’ focus on the modular construction market.

Some of the major market players operating in the market are Bechtel Corporation, Fluor Corporation, LAING O’ROURKE, RED SEA INTERNATIONAL, BK Gulf LLC (a Subsidiary of Dutco Group of Companies), SPACEMAKER KSA, DUBOX, Arabian Containers LLC, Karmod Prefabricated Technologies., KOMA MODULAR, and Gulf Modular International among others.


SKU-

TABLE 1 SAUDI ARABIA MODULAR CONSTRUCTION MARKET, BY TYPE, 2022-2031 (USD THOUSAND)

TABLE 2 GCC MODULAR CONSTRUCTION MARKET, BY TYPE, 2022-2031 (USD THOUSAND)

TABLE 3 SAUDI ARABIA MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2022-2031 (USD THOUSAND)

TABLE 4 GCC MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2022-2031 (USD THOUSAND)

TABLE 5 SAUDI ARABIA MODULAR CONSTRUCTION MARKET, BY END-USER, 2022-2031 (USD THOUSAND)

TABLE 6 GCC MODULAR CONSTRUCTION MARKET, BY END-USER, 2022-2031 (USD THOUSAND)

TABLE 7 SAUDI ARABIA COMMERCIAL IN MODULAR CONSTRUCTION MARKET, BY SEGMENT, 2022-2031 (USD THOUSAND)

TABLE 8 GCC COMMERCIAL IN MODULAR CONSTRUCTION MARKET, BY SEGMENT, 2022-2031 (USD THOUSAND)

TABLE 9 SAUDI ARABIA HOSPITALITY IN MODULAR CONSTRUCTION MARKET, BY SEGMENT, 2022-2031 (USD THOUSAND)

TABLE 10 GCC HOSPITALITY IN MODULAR CONSTRUCTION MARKET, BY SEGMENT, 2022-2031 (USD THOUSAND)

TABLE 11 SAUDI ARABIA HEALTHCARE IN MODULAR CONSTRUCTION MARKET, BY SEGMENT, 2022-2031 (USD THOUSAND)

TABLE 12 GCC HEALTHCARE IN MODULAR CONSTRUCTION MARKET, BY SEGMENT, 2022-2031 (USD THOUSAND)

TABLE 13 SAUDI ARABIA EDUCATION IN MODULAR CONSTRUCTION MARKET, BY SEGMENT, 2022-2031 (USD THOUSAND)

TABLE 14 GCC EDUCATION IN MODULAR CONSTRUCTION MARKET, BY SEGMENT, 2022-2031 (USD THOUSAND)

TABLE 15 SAUDI ARABIA COMMERCIAL IN MODULAR CONSTRUCTION MARKET, BY TYPE, 2022-2031 (USD THOUSAND)

TABLE 16 GCC COMMERCIAL IN MODULAR CONSTRUCTION MARKET, BY TYPE, 2022-2031 (USD THOUSAND)

TABLE 17 SAUDI ARABIA RESIDENTIAL IN MODULAR CONSTRUCTION MARKET, BY SEGMENT, 2022-2031 (USD THOUSAND)

TABLE 18 GCC RESIDENTIAL IN MODULAR CONSTRUCTION MARKET, BY TYPE, 2022-2031 (USD THOUSAND)

TABLE 19 SAUDI ARABIA RESIDENTIAL IN MODULAR CONSTRUCTION MARKET, BY TYPE, 2022-2031 (USD THOUSAND)

TABLE 20 GCC RESIDENTIAL IN MODULAR CONSTRUCTION MARKET, BY TYPE, 2022-2031 (USD THOUSAND)

TABLE 21 SAUDI ARABIA INDUSTRIAL IN MODULAR CONSTRUCTION MARKET, BY TYPE, 2022-2031 (USD THOUSAND)

TABLE 22 GCC INDUSTRIAL IN MODULAR CONSTRUCTION MARKET, BY TYPE, 2022-2031 (USD THOUSAND)

TABLE 23 GCC MODULAR CONSTRUCTION MARKET, BY COUNTRY, 2020-2031 (USD THOUSAND)

TABLE 24 U.A.E. MODULAR CONSTRUCTION MARKET, BY TYPE, 2020-2031 (USD THOUSAND)

TABLE 25 U.A.E. MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2020-2031 (USD THOUSAND)

TABLE 26 U.A.E. MODULAR CONSTRUCTION MARKET, BY END-USER, 2020-2031 (USD THOUSAND)

TABLE 27 U.A.E. COMMERCIAL IN MODULAR CONSTRUCTION MARKET, BY SEGMENT, 2020-2031 (USD THOUSAND)

TABLE 28 U.A.E. HOSPITALITY IN MODULAR CONSTRUCTION MARKET, BY SEGMENT, 2020-2031 (USD THOUSAND)

TABLE 29 U.A.E. HEALTHCARE IN MODULAR CONSTRUCTION MARKET, BY SEGMENT, 2020-2031 (USD THOUSAND)

TABLE 30 U.A.E. EDUCATION IN MODULAR CONSTRUCTION MARKET, BY SEGMENT, 2020-2031 (USD THOUSAND)

TABLE 31 U.A.E. COMMERCIAL IN MODULAR CONSTRUCTION MARKET, BY TYPE, 2020-2031 (USD THOUSAND)

TABLE 32 U.A.E. RESIDENTIAL IN MODULAR CONSTRUCTION MARKET, BY SEGMENT, 2020-2031 (USD THOUSAND)

TABLE 33 U.A.E. RESIDENTIAL IN MODULAR CONSTRUCTION MARKET, BY TYPE, 2020-2031 (USD THOUSAND)

TABLE 34 U.A.E. INDUSTRIAL IN MODULAR CONSTRUCTION MARKET, BY TYPE, 2020-2031 (USD THOUSAND)

TABLE 35 QATAR MODULAR CONSTRUCTION MARKET, BY TYPE, 2020-2031 (USD THOUSAND)

TABLE 36 QATAR MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2020-2031 (USD THOUSAND)

TABLE 37 QATAR MODULAR CONSTRUCTION MARKET, BY END-USER, 2020-2031 (USD THOUSAND)

TABLE 38 QATAR COMMERCIAL IN MODULAR CONSTRUCTION MARKET, BY SEGMENT, 2020-2031 (USD THOUSAND)

TABLE 39 QATAR HOSPITALITY IN MODULAR CONSTRUCTION MARKET, BY SEGMENT, 2020-2031 (USD THOUSAND)

TABLE 40 QATAR HEALTHCARE IN MODULAR CONSTRUCTION MARKET, BY SEGMENT, 2020-2031 (USD THOUSAND)

TABLE 41 QATAR EDUCATION IN MODULAR CONSTRUCTION MARKET, BY SEGMENT, 2020-2031 (USD THOUSAND)

TABLE 42 QATAR COMMERCIAL IN MODULAR CONSTRUCTION MARKET, BY TYPE, 2020-2031 (USD THOUSAND)

TABLE 43 QATAR RESIDENTIAL IN MODULAR CONSTRUCTION MARKET, BY SEGMENT, 2020-2031 (USD THOUSAND)

TABLE 44 QATAR RESIDENTIAL IN MODULAR CONSTRUCTION MARKET, BY TYPE, 2020-2031 (USD THOUSAND)

TABLE 45 QATAR INDUSTRIAL IN MODULAR CONSTRUCTION MARKET, BY TYPE, 2020-2031 (USD THOUSAND)

TABLE 46 KUWAIT MODULAR CONSTRUCTION MARKET, BY TYPE, 2020-2031 (USD THOUSAND)

TABLE 47 KUWAIT MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2020-2031 (USD THOUSAND)

TABLE 48 KUWAIT MODULAR CONSTRUCTION MARKET, BY END-USER, 2020-2031 (USD THOUSAND)

TABLE 49 KUWAIT COMMERCIAL IN MODULAR CONSTRUCTION MARKET, BY SEGMENT, 2020-2031 (USD THOUSAND)

TABLE 50 KUWAIT HOSPITALITY IN MODULAR CONSTRUCTION MARKET, BY SEGMENT, 2020-2031 (USD THOUSAND)

TABLE 51 KUWAIT HEALTHCARE IN MODULAR CONSTRUCTION MARKET, BY SEGMENT, 2020-2031 (USD THOUSAND)

TABLE 52 KUWAIT EDUCATION IN MODULAR CONSTRUCTION MARKET, BY SEGMENT, 2020-2031 (USD THOUSAND)

TABLE 53 KUWAIT COMMERCIAL IN MODULAR CONSTRUCTION MARKET, BY TYPE, 2020-2031 (USD THOUSAND)

TABLE 54 KUWAIT RESIDENTIAL IN MODULAR CONSTRUCTION MARKET, BY SEGMENT, 2020-2031 (USD THOUSAND)

TABLE 55 KUWAIT RESIDENTIAL IN MODULAR CONSTRUCTION MARKET, BY TYPE, 2020-2031 (USD THOUSAND)

TABLE 56 KUWAIT INDUSTRIAL IN MODULAR CONSTRUCTION MARKET, BY TYPE, 2020-2031 (USD THOUSAND)

TABLE 57 OMAN MODULAR CONSTRUCTION MARKET, BY TYPE, 2020-2031 (USD THOUSAND)

TABLE 58 OMAN MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2020-2031 (USD THOUSAND)

TABLE 59 OMAN MODULAR CONSTRUCTION MARKET, BY END-USER, 2020-2031 (USD THOUSAND)

TABLE 60 OMAN COMMERCIAL IN MODULAR CONSTRUCTION MARKET, BY SEGMENT, 2020-2031 (USD THOUSAND)

TABLE 61 OMAN HOSPITALITY IN MODULAR CONSTRUCTION MARKET, BY SEGMENT, 2020-2031 (USD THOUSAND)

TABLE 62 OMAN HEALTHCARE IN MODULAR CONSTRUCTION MARKET, BY SEGMENT, 2020-2031 (USD THOUSAND)

TABLE 63 OMAN EDUCATION IN MODULAR CONSTRUCTION MARKET, BY SEGMENT, 2020-2031 (USD THOUSAND)

TABLE 64 OMAN COMMERCIAL IN MODULAR CONSTRUCTION MARKET, BY TYPE, 2020-2031 (USD THOUSAND)

TABLE 65 OMAN RESIDENTIAL IN MODULAR CONSTRUCTION MARKET, BY SEGMENT, 2020-2031 (USD THOUSAND)

TABLE 66 OMAN RESIDENTIAL IN MODULAR CONSTRUCTION MARKET, BY TYPE, 2020-2031 (USD THOUSAND)

TABLE 67 OMAN INDUSTRIAL IN MODULAR CONSTRUCTION MARKET, BY TYPE, 2020-2031 (USD THOUSAND)

TABLE 68 BAHRAIN MODULAR CONSTRUCTION MARKET, BY TYPE, 2020-2031 (USD THOUSAND)

TABLE 69 BAHRAIN MODULAR CONSTRUCTION MARKET, BY MATERIAL, 2020-2031 (USD THOUSAND)

TABLE 70 BAHRAIN MODULAR CONSTRUCTION MARKET, BY END-USER, 2020-2031 (USD THOUSAND)

TABLE 71 BAHRAIN COMMERCIAL IN MODULAR CONSTRUCTION MARKET, BY SEGMENT, 2020-2031 (USD THOUSAND)

TABLE 72 BAHRAIN HOSPITALITY IN MODULAR CONSTRUCTION MARKET, BY SEGMENT, 2020-2031 (USD THOUSAND)

TABLE 73 BAHRAIN HEALTHCARE IN MODULAR CONSTRUCTION MARKET, BY SEGMENT, 2020-2031 (USD THOUSAND)

TABLE 74 BAHRAIN EDUCATION IN MODULAR CONSTRUCTION MARKET, BY SEGMENT, 2020-2031 (USD THOUSAND)

TABLE 75 BAHRAIN COMMERCIAL IN MODULAR CONSTRUCTION MARKET, BY TYPE, 2020-2031 (USD THOUSAND)

TABLE 76 BAHRAIN RESIDENTIAL IN MODULAR CONSTRUCTION MARKET, BY SEGMENT, 2020-2031 (USD THOUSAND)

TABLE 77 BAHRAIN RESIDENTIAL IN MODULAR CONSTRUCTION MARKET, BY TYPE, 2020-2031 (USD THOUSAND)

TABLE 78 BAHRAIN INDUSTRIAL IN MODULAR CONSTRUCTION MARKET, BY TYPE, 2020-2031 (USD THOUSAND)

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The Saudi Arabia and GCC Modular Construction Market size will be worth USD 4,674,603.87 thousand by 2031 during the forecast period.
The Saudi Arabia and GCC Modular Construction Market growth rate is 4.3% during the forecast period.
The Growing Emphasis on Sustainability, Quality, and Workers' Safety and Ability to Complete Projects Faster Compared to Traditional On-Site Buildings are the growth drivers of the Saudi Arabia and GCC Modular Construction Market.
The type, material, and end-user are the factors on which the Saudi Arabia and GCC Modular Construction Market research is based.
The major companies in the Saudi Arabia and GCC Modular Construction Market are Bechtel Corporation, Fluor Corporation, LAING O’ROURKE, RED SEA INTERNATIONAL, BK Gulf LLC (a Subsidiary of Dutco Group of Companies), SPACEMAKER KSA, DUBOX, Arabian Containers LLC, Karmod Prefabricated Technologies., KOMA MODULAR, and Gulf Modular International.
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