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Stock impact report

Global Modular Construction Market Forecasts 2024-2030: Opportunities in Customizing Modular Buildings with Energy Efficient Packages, Technology and Aesthetics [Yahoo! Finance]

McGrath RentCorp (MGRC) 
Last mcgrath rentcorp earnings: 4/29 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: mgrc.com/investors
Company Research Source: Yahoo! Finance
Type (Permanent, Relocatable), Material (Plastic, Precast Concrete, Steel), Module, End User - Forecast 2024-2030" report has been added to ResearchAndMarkets.com's offering. The Modular Construction Market grew from USD 133.21 billion in 2023 to USD 142.90 billion in 2024. It is expected to continue growing at a CAGR of 7.37%, reaching USD 219.17 billion by 2030. By shifting much of the construction activity away from the site and into a controlled environment, modular construction minimizes on-site labor, reduces waste, and can offer significant improvements in overall construction quality and safety. Sustainable construction with reduced waste and efficient use of resources coupled with increased government incentives for green building initiatives that favor the adoption of modular construction practices. However, logistical challenges associated with transporting prefabricated modules, particularly for larger projects or areas with inadequate infrastructure, may impede the Show less Read more
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