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MARKET OVERVIEW

1.1 Presentation and definition of the market

The market for modularised construction means the construction of prefabricated buildings or containers (or modules) directly designed in the factory and then assembled on the construction site. Assembly makes it possible to create buildings capable of meeting occasional or permanent needs: site billets, offices, but also new forms of housing such as container houses. The modules or containers are usually made of steel, equipped with plumbing, heating and electrical power. The interior finishes are specified at the exit of the production workshop and are more or less worked on according to the purpose of the building to be constructed

Long thought mainly for the construction industry - for the site staff in particular - modular construction has over the years become an important a credible alternative to the construction of single-family homes and offices . The modular construction market is divided between the activities of sale and rental .

Often, the modularised construction enables meet short-term needs to install buildings on a temporary basis when a building is under reconstruction or in rehabilitation, but also when a expansion need of offices or workshops appears in the tertiary sector.

Modular construction is therefore present in the construction sector in the state sector (emergency accommodation, sports changing rooms, school premises, etc.) and in the sector private tertiary sector (offices, shops and kiosks, events, health, etc.).

The world market for modular construction is booming. It should grow at a rate of nearly 6% per year until 2025 . France, traditionally lagging behind the Anglo-Saxon countries in this market, has begun to catch up rapidly. Indeed, the French market grew by 24% between 2017 and 2019 .

This rapid expansion is due to the many advantages of modular construction in terms of production costs, construction time, ease of installation and respect for environmental constraints .

The main players on the French market are Algeco , Yves Cougnaud , GSCM Group or Kiloutou .

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