The Europe Modular Container Market would witness market growth of 6.5% CAGR during the forecast period (2022-2028).
The containerized data center's modular design encourages customization. Higher efficiency and lower PUEs occur from matching the electrical and mechanical infrastructure's size directly to the computer application. Additionally, it enables the user firm to arrange following its computing needs and re-arrange if those needs change.
These containers are generally designed under a process named turnkey. This implies that the owner implements the project in collaboration with a lone, cohesive team. Further, it implies a quicker and less expensive process from concept to delivery. Containerized solutions are put into service at the factory, making the unit operational as soon as it arrives at the site.
It takes less time to deploy modular containers rather than conventional containers. Furthermore, since a significant amount of construction work was completed in the factory, deploying modular containers may be done with simple tools and needs little labor. Apart from the quick installation, modular containers are perfect because manufacturing is quick.
According to government of Germany, the construction industry has helped to stabilize the German economy during the past few years. In 2020 and 2021, a growth of 3.2% was seen in the overall investment in the building. Private investors acquire a significant proportion in this industry's production. Additionally, the new federal administration has declared that climate policy would be its main priority and that federal subsidies given to manufacturers of modular containers will significantly help investments in the German railway and housing system.
The Germany market dominated the Europe Modular Container Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $2,599.3 million by 2028. The UK market is anticipated to grow at a CAGR of 5.6% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 7.2% during (2022 - 2028).
Based on Type, the market is segmented into Mobile and Fixed. Based on Usage, the market is segmented into Storage Containers, Accommodation Containers, Showroom Containers, Sanitary Container, Office Container, Locker Container, and Others. Based on Application, the market is segmented into Industrial, Automotive, Education, Healthcare, and Construction & Others. Based on Container Size, the market is segmented into 10-20 Feet, Below 10 Feet, 21-40 Feet, and Above 40 Feet. Based on Revenue Source, the market is segmented into Rental and New Product Sales. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Modular Container Market will Hit $40 Billion by 2028, at a CAGR of 6.9%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include WillScot Mobile Mini Holdings Corp., Module-T Prefabrik Sistemleri Dis Tic Ltd Sti (TMEC International), McGRATH RentCorp, Prefabex, MODSTEEL (Prefabricated Modular Steel Structures), Henan K-home Steel Structure Co., Ltd., Kwikspace, and Falcon Structures.
By Type
By Usage
By Application
By Container Size
By Revenue Source
By Country
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