Modular Construction Market | Size, Share, Global Analysis, Development Status, Regional Trends and Forecast
Market Scope Market Research Future (MRFR) asserts that the Modular Construction Market 2020 can reach a size of USD 154.8 Million by 2023-end. MRFR also expects the market to procure a growth rate of 5.95% between 2015 and 2023 (assessment period). We will provide covid-19 impact analysis with the report, offering an in-depth review following the coronavirus disease outbreak. COVID-19 Analysis The COVID-19 impact analysis by MRFR suggests that the pandemic has triggered a short-term and long-term impact on the construction industry. While countries are struggling to find a COVID-19 breakthrough to contain the spread of the novel coronavirus, a number of construction sites have been closed off with construction projects now on hold. Also, various hard-hit regions have suspended almost all the construction activities, and the projects that are continuing can observe delays on account of the collapsing supply chains that have affected the supply of raw materials. Contingency schem