Research Methodology – Modular Construction Market
At Straits Research, we adopt a rigorous 360° research approach that integrates both primary and secondary research methodologies. This ensures accuracy, reliability, and actionable insights for stakeholders. Our methodology for the Modular Construction Market comprises the following key stages:
Market Indicator & Macro-Factor Analysis
Our baseline thesis for the Modular Construction Market is developed by integrating key market indicators and macroeconomic variables. These include:
Factors considered while calculating market size and share
- Demand and supply equilibrium in the market.
- Nature of competition in the market and key playersâ market share.
- Pricing strategies by the market players.
- The existing regulatory framework and its impact on the market.
- Consumer preferences and trends.
- The rate of adoption of modular construction techniques.
- Geographical distribution of the market.
- Gross profit margin, net profit margin and cost structure.
Key Market Indicators
- Gross Domestic Product (GDP) and its impact on the market.
- The growth rate of the construction industry.
- Demographic indicators such as population density and income level.
- Technological advancements and their rate of adoption in the market.
- Existing and potential return on investment in the market.
- Import and export trends in the modular construction field.
- Credit availability and interest rates.
Growth Trends
- Increasing urbanization and demand for sustainable building techniques.
- Growth in the use of 3D printing in modular construction.
- Increasing popularity of eco-friendly modular construction techniques.
- The surge in demand due to shorter construction times and lower costs.
- Increasing use in residential, commercial and infrastructure sectors.
- Growth in key markets like North America and Asia Pacific.
- A rise in infrastructure investment and construction activities.
Secondary Research
Our secondary research forms the foundation of market understanding and scope definition. We collect and analyze information from multiple reliable sources to map the overall ecosystem of the Modular Construction Market. Key inputs include:
Company-Level Information
- Annual reports, investor presentations, SEC filings
- Company press releases and product launch announcements
- Public executive interviews and earnings calls
- Strategy briefings and M&A updates
Industry and Government Sources
- Country-level industry associations and trade bodies
- Government dossiers, policy frameworks, and official releases
- Whitepapers, working papers, and public R&D initiatives
- Relevant Associations for the Modular Construction Market
Market Intelligence Sources
- Broker reports and financial analyst coverage
- Paid databases (Hoovers, Factiva, Refinitiv, Reuters, Statista, etc.)
- Import/export trade data and tariff databases
- Sector-specific journals, magazines, and news portals
Macro & Consumer Insights
- Global macroeconomic indicators and their cascading effect on the industry
- Demand–supply outlook and value chain analysis
- Consumer behaviour, adoption rates, and commercialization trends
Primary Research
To validate and enrich our secondary findings, we conduct extensive primary research with industry stakeholders across the value chain. This ensures we capture both qualitative insights and quantitative validation. Our primary research includes:
Expert Insights & KOL Engagements
- Key Opinion Leader (KOL) Engagements
- Structured interviews with executives, product managers, and domain experts
- Paid and barter-based interviews across manufacturers, distributors, and end-users
Focused Discussions & Panels
- Discussions with stakeholders to validate demand-supply gaps
- Group discussions on emerging technologies, regulatory shifts, and adoption barriers
Data Validation & Business POV
- Cross-verification of market sizing and forecasts with industry insiders
- Capturing business perspectives on growth opportunities and restraints
Data Triangulation & Forecasting
The final step of our research involves data triangulation ensuring accuracy through cross-verification of:
- Demand-side analysis (consumption patterns, adoption trends, customer spending)
- Supply-side analysis (production, capacity, distribution, and market availability)
- Macroeconomic & microeconomic impact factors
Forecasting is carried out using proprietary models that combine:
- Time-series analysis
- Regression and correlation studies
- Baseline modeling
- Expert validation at each stage
Outcome
The outcome is a comprehensive and validated market model that captures:
- Market sizing (historical, current, forecast)
- Growth drivers and restraints
- Opportunity mapping and investment hotspots
- Competitive positioning and strategic insights