The global market for modular construction is expected to grow under rapid urbanization in developing countries. In 2017, expenditures on modular construction in Europe and the United States totaled about 277 billion U.S. dollars for multifamily buildings.
Expenditure on modular construction in the U.S. and Europe in 2017, by building type
(in billion U.S. dollars)
European countries included: Austria, Belgium, Czechia, Denmark, Finland, France, Germany, Hungary, Ireland, Italy, Netherlands, Norway, Poland,
Portugal, Slovakia, Spain, Sweden, Switzerland, UK.
Includes only new building projects. Renovation/maintenance projects are less suitable for modular construction, but offˆer other productivity gain potential.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
McKinsey & Company. (June 13, 2019). Expenditure on modular construction in the U.S. and Europe in 2017, by building type (in billion U.S. dollars) [Graph]. In Statista. Retrieved January 17, 2025, from https://www.statista.com/statistics/1059917/europe-us-modular-construction-spending-by-building/?__sso_cookie_checker=failed
McKinsey & Company. "Expenditure on modular construction in the U.S. and Europe in 2017, by building type (in billion U.S. dollars)." Chart. June 13, 2019. Statista. Accessed January 17, 2025. https://www.statista.com/statistics/1059917/europe-us-modular-construction-spending-by-building/?__sso_cookie_checker=failed
McKinsey & Company. (2019). Expenditure on modular construction in the U.S. and Europe in 2017, by building type (in billion U.S. dollars). Statista. Statista Inc.. Accessed: January 17, 2025. https://www.statista.com/statistics/1059917/europe-us-modular-construction-spending-by-building/?__sso_cookie_checker=failed
McKinsey & Company. "Expenditure on Modular Construction in The U.S. and Europe in 2017, by Building Type (in Billion U.S. Dollars)." Statista, Statista Inc., 13 Jun 2019, https://www.statista.com/statistics/1059917/europe-us-modular-construction-spending-by-building/?__sso_cookie_checker=failed
McKinsey & Company, Expenditure on modular construction in the U.S. and Europe in 2017, by building type (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1059917/europe-us-modular-construction-spending-by-building/?__sso_cookie_checker=failed (last visited January 17, 2025)
Expenditure on modular construction in the U.S. and Europe in 2017, by building type (in billion U.S. dollars) [Graph], McKinsey & Company, June 13, 2019. [Online]. Available: https://www.statista.com/statistics/1059917/europe-us-modular-construction-spending-by-building/?__sso_cookie_checker=failed
