The Global Modular Construction Market was estimated at USD 95.49 billion in the year 2020, and is expected to reach USD 141.80 billion by 2027. The market is growing with a CAGR of 6.1%, in the forecast period (2017-2027). Modular construction is fast emerging as a sustainable affordable, economical, and environment-friendly construction method which is increasingly being adopted by builders and construction companies.