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Real-Time Industrial Classifications

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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Liberation from SIC codes

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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

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Here are the key facts about the Modular Construction sector. The sector has a turnover of £12.5bn currently, has received £131.2m of investment and the sector is growing at 5.7% per year.

710
COMPANIES CONSIDERED
£12.5bn
TOTAL TURNOVER
45,994
TOTAL EMPLOYEES
£131.2m
TOTAL INVESTMENT FUNDING
£6.4m
TOTAL INNOVATE UK GRANT FUNDING
5.7%
AVERAGE COMPANY GROWTH PER YEAR

Modular Construction verticals

Our industry data goes deep. See the top verticals and specialisms making waves in the UK Modular Construction industry today.

Our Modular Construction RTIC is made up of 3 individual verticals. The top verticals in this sector include Supply Chain, and Off site construction. You can find out more about the verticals by downloading our RTIC report, or by signing up for a free trial of The Data City platform.

  • Sector Code Description Records
  • RTIC0063 Modular Construction 665 companies

    Companies producing buildings or parts of buildings in factories for later assembly on site.

    • Modular Construction: Off site construction

      Companies supplying buildings constructed offsite that fulfil a temporal need (i.e., temporary office space)

      247 companies
    • Modular Construction: Permanent Modular Buildings

      Companies producing permanent infrastructures constructed off-site

      237 companies
    • Modular Construction: Supply Chain

      Companies part of the supply chain of materials for modular construction

      469 companies

Modular Construction industry growth

Based on a growth rate of 5.7%, we expect that this sector could be worth £13.8bn by 2024. Below you can see our forecast of the growth of the sector.

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