UK Modular Construction Industry
Get to know the UK’s Modular Construction industry and the companies involved in the production of buildings off-site. View company data, industry trends, market size, financials and download our free sector report today.
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What is Modular Construction?
Modular Construction refers to the process of producing components, or in some cases entire structures, in an off-site location before being assembled on-site.
Modular Construction has increased in popularity in recent years, with more companies and organisations realising the advantages of off-site production – with many cost-cutting, time-saving and environmental benefits.
The UK’s Modular Construction industry includes a wide array of companies who are involved in the development, construction and supply of many materials and infrastructures used in off-site construction.
Modular Construction sector summary
Key information you should know about the Modular Construction sector from our AI-driven platform of over 5 million companies:
- On average the roles advertised in this sector are 3.77% lower than the UK’s average salary.
- The Modular Construction sector is one of the top 10 fastest growing recipients of Innovate UK grants.
- Modular Construction has turnover of £10.36bn, meaning it is our 45th largest RTIC, and our 12th fastest growing sector.
Modular Construction verticals
Our Modular Construction RTIC is made up of 3 individual industry verticals, including verticals such as Off site construction, Permanent Modular Buildings, Supply Chain. You can find out more about the verticals by buying a report, visualising the sector on our platform, or by downloading the data.
- Sector Code Description Records
- RTIC0063 Modular Construction 813 companies
Companies producing buildings or parts of buildings in factories for later assembly on site.
- Modular Construction: Off site construction454 companies
Companies supplying buildings constructed offsite that fulfil a “temporal” need (i.e., temporary office space).
- Modular Construction: Permanent Modular Buildings233 companies
Companies producing permanent infrastructures constructed off-site
- Modular Construction: Supply Chain673 companies
Companies part of the supply chain of materials for modular construction
Modular Construction industry growth
We estimate that the UK Modular Construction sector could be worth approximately £15bn by 2027, based on the compound annual growth rate (CAGR) of 7.7%. Below you can see the five year turnover forecast for the RTIC from 2023 to 2027.
Get your free Modular Construction report
Dig deeper into the UK’s Modular Construction Economy with our free 2023 RTIC report, which includes:
– Summary of RTIC data & industry performance
– Overview of key verticals
– Geographic analysis & breakdown
– Key insights & trends
Real-Time Industrial Classifications (RTICs)
At The Data City we’re mapping the emerging economy through accurate and reliable real-time data. We’ve produced Real-Time Industrial Classifications (RTICs) for some of the UK’s fastest growing sectors, across over 350 industry verticals, including the Modular Construction industry.
Discover more RTICs and access our other free reports today.
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