report-image

Modular Ceiling System Market Size - By Product Type (Square Type, Rectangle Type),By End Use Commercial, Industrial, Residential, Public Buildings) & Region – Forecasts By 2022 - 2030

  • PUBLISHED ON
  • 2024-09-27
  • NO OF PAGES
  • 267
  • CATEGORY
  • Construction & Manufacturing
Modular Ceiling System Market – Description
The Modular ceiling consists of a hidden sub-structure with pressed metal tiles that attach to provide a completed and clean smooth look ceiling. A neoprene gasket resides between the tiles and the sub-structure, providing a hermetic seal between the and the ceiling space above. These are unique building systems and controls solution that features interlocking components for quick and easy installation and reconfiguration to accommodate changing customer needs.

Modular Ceiling System Market – Overview
It is estimated for the Global Modular Ceiling System Market to witness growth at a stunning CAGR in the market during the forecast period of 2022 to 2030. The growth in the market is owing to the increasing construction activities that have been taking place all over the globe. The factor has been playing a major role in the growth of the market from the previous forecast period of 2018 to 2021.

These are unique building systems and controls solution that features interlocking components for quick and easy installation and reconfiguration to accommodate changing customer needs. This feature of this system is estimated to boost the growth of the market during the forecast period.
This ceiling system takes a lesser time in the construction of a building and can be changed at any given time without much of a hustle. This feature of the system is also an important factor that has been playing a pivotal role in the growth of the market during the forecast period.

Modular Ceiling System Market – Key Trends

Easy and lesser time for installation of these ceilings to boost the growth of the market

This ceiling system takes a lesser time in the construction of a building and can be changed at any given time without much of a hustle. This feature of the system is also an important factor that has been playing a pivotal role in the growth of the market during the forecast period.

Lesser spread of awareness hinders the growth of the market

These ceilings are not very much popular in all parts of the globe. Owing to this factor a lot of people prefer construction through the traditional methods of bricks and cement. Thus, the lack of awareness among the people is estimated to hinder the growth of the market during the forecast period.

Modular Ceiling System Market – Segmental Assessment

By Product Type
• Square Type
• Rectangle Type
It is estimated for the Rectangle Type segment to boost the growth of the market during the forecast period.

By End Use
• Commercial
• Industrial
• Residential
• Public Buildings
It is estimated for the Commercial Type segment to boost the growth of the market during the forecast period.

Modular Ceiling System Market – Geographical Landscape
It is estimated for the Asia Pacific region to witness immense growth in the market. The region is expected to grow at a CAGR of 2.1% during the forecast period. The market in Europe is projected to grow at a CAGR 2.4% during the forecast period.

Modular Ceiling System Market – Competitive Hierarchy
It is estimated for the European region to boost the growth of the market during the forecast period. The growth in the disposal income of the people in the region and the increase of the technology at a quicker rate is estimated to boost the growth of the market during the forecast period. It is estimated for the Asia Pacific region to also witness growth at a stable rate during the forecast period.

Modular Ceiling System Market – Competitive Hierarchy
Armstrong Ceilings, Eurocoustic, HT Group, Metawell, Rockfon, SAS International and USG are the players that are boosting the growth of the market during the forecast period.

Report Scope
Global Modular Ceiling System Market: Historical Years (2018 to 2021)
Global Modular Ceiling System Market: Forecast years (2022 to 2030)

Key Segments Reported
By Product Type (Square Type and Rectangular Type)
By End Use (Commercial, Industrial, Residential and Public Buildings)

Major regions and countries covered
• North America
• Europe
• Asia Pacific
• Middle East
• Rest of the World

Major Key Players: Armstrong Ceilings, Eurocoustic, HT Group, Metawell, Rockfon, SAS International and USG are the players that are boosting the growth of the market during the forecast period.

1.     Global Modular Ceiling System Market Introduction and Market Overview

1.1.  Objectives of the Study

1.2.  Modular Ceiling System Market Definition & Description

1.3.  Global Modular Ceiling System Market Scope and Market Estimation

1.3.1.     Global Modular Ceiling System Overall Market Size, Revenue (US$ Mn), Market CAGR (%), Market forecast (2023-2033)

1.3.2.     Global Modular Ceiling System Market Revenue Share (%) and Growth Rate (Y-o-Y) from 2019-2033

1.4.  Market Segmentation

1.4.1.     Product Type of Global Modular Ceiling System Market

1.4.2.     End Use of Global Modular Ceiling System Market

1.4.3.     Region of Global Modular Ceiling System Market

 

2.     Executive Summary

2.1.  Global Modular Ceiling System Market Industry Trends under COVID-19 Outbreak

2.1.1.     Global COVID-19 Status Overview

2.1.2.     Influence of COVID-19 Outbreak on Global Modular Ceiling System Market Industry Development

2.2.  Market Dynamics

2.2.1.     Drivers

2.2.2.     Limitations

2.2.3.     Opportunities

2.2.4.     Impact Analysis of Drivers and Restraints

2.3.  Pricing Trends Analysis & Average Selling Prices (ASPs)

2.4.  Key Mergers & Acquisitions, Expansions, JVs, Funding / VCs, etc.

2.5.  Porter’s Five Forces Analysis

2.5.1.     Bargaining Power of Suppliers

2.5.2.     Bargaining Power of Buyers

2.5.3.     Threat of Substitutes

2.5.4.     Threat of New Entrants

2.5.5.     Competitive Rivalry

2.6.  Value Chain / Ecosystem Analysis

2.7.  PEST Analysis

2.8.  Russia-Ukraine War Impacts Analysis

2.9.  Economic Downturn Analysis

2.10. Market Investment Opportunity Analysis (Top Investment Pockets), By Segments & By Region

 

3.     Global Modular Ceiling System Market Estimates & Historical Trend Analysis (2020 - 2022)

 

4.     Global Modular Ceiling System Market Estimates & Forecast Trend Analysis, by Product Type

4.1.  Global Modular Ceiling System Market Revenue (US$ Mn) Estimates and Forecasts, by Installation, 2023 to 2033

4.1.1.     Square Type

4.1.2.     Rectangle Type

 

5.     Global Modular Ceiling System Market Estimates & Forecast Trend Analysis, by End Use

5.1.  Global Modular Ceiling System Market Revenue (US$ Mn) Estimates and Forecasts, by Installation, 2023 to 2033

5.1.1.     Commercial

5.1.2.     Industrial

5.1.3.     Residential

5.1.4.     Public Buildings

            

6.     Global Modular Ceiling System Market Estimates & Forecast Trend Analysis, by Region

6.1.  Global Modular Ceiling System Market Revenue (US$ Mn) Estimates and Forecasts, by Region, 2023 to 2033

6.1.1.     North America

6.1.2.     Europe

6.1.3.     Asia Pacific

6.1.4.     Middle East & Africa

6.1.5.     South America

 

7.     North America Modular Ceiling System Market: Estimates & Forecast Trend Analysis

7.1.  North America Modular Ceiling System Market Assessments & Key Findings

7.1.1.     North America Modular Ceiling System Market Introduction

7.1.2.     North America Modular Ceiling System Market Size Estimates and Forecast (US$ Million) (2023 to 2033)

7.1.2.1.  By Product Type

7.1.2.2.  By End Use

7.1.2.3.  By Country

7.1.2.3.1.   The U.S.

7.1.2.3.2.   Canada

7.1.2.3.3.   Mexico

 

8.     Europe Modular Ceiling System Market: Estimates & Forecast Trend Analysis

8.1.  Europe Modular Ceiling System Market Assessments & Key Findings

8.1.1.     Europe Modular Ceiling System Market Introduction

8.1.2.     Europe Modular Ceiling System Market Size Estimates and Forecast (US$ Million) (2023 to 2033)

8.1.2.1.  By Product Type

8.1.2.2.  By End Use

8.1.2.3.      By Country

8.1.2.3.1.   Germany

8.1.2.3.2.   U.K.

8.1.2.3.3.   France

8.1.2.3.4.   Italy

8.1.2.3.5.   Spain

8.1.2.3.6.   Russia

8.1.2.3.7.   Rest of Europe

 

9.     Asia Pacific Modular Ceiling System Market: Estimates & Forecast Trend Analysis

9.1.  Asia Pacific Market Assessments & Key Findings

9.1.1.     Asia Pacific Modular Ceiling System Market Introduction

9.1.2.     Asia Pacific Modular Ceiling System Market Size Estimates and Forecast (US$ Million) (2023 to 2033)

9.1.2.1.      By Product Type

9.1.2.2.      By End Use

9.1.2.3.      By Country

9.1.2.3.1.   China

9.1.2.3.2.   Japan

9.1.2.3.3.   India

9.1.2.3.4.   Australia

9.1.2.3.5.   South Korea

9.1.2.3.6.   ASEAN

9.1.2.3.7.   Rest of Asia Pacific

 

10.  Middle East & Africa Modular Ceiling System Market: Estimates & Forecast Trend Analysis

10.1. Middle East & Africa Market Assessments & Key Findings

10.1.1.  Middle East & Africa Modular Ceiling System Market Introduction

10.1.2.  Middle East & Africa Modular Ceiling System Market Size Estimates and Forecast (US$ Million) (2023 to 2033)

10.1.2.1.   By Product Type

10.1.2.2.   By End Use

10.1.2.3.   By Country

10.1.2.3.1.              U.A.E.

10.1.2.3.2.              Saudi Arabia

10.1.2.3.3.              Egypt

10.1.2.3.4.              South Africa

10.1.2.3.5.              Rest of Middle East & Africa

 

11.  South America Modular Ceiling System Market: Estimates & Forecast Trend Analysis

11.1. South America Market Assessments & Key Findings

11.1.1.  South America Modular Ceiling System Market Introduction

11.1.2.  South America Modular Ceiling System Market Size Estimates and Forecast (US$ Million) (2023 to 2033)

11.1.2.1.   By Product Type

11.1.2.2.   By End Use

11.1.2.3.   By Country

11.1.2.3.1.            Brazil

11.1.2.3.2.            Argentina

11.1.2.3.3.            Colombia

11.1.2.3.4.            Rest of South America

 

12.  Competition Landscape

12.1. Global Modular Ceiling System Market Competition Matrix & Benchmarking, by Leading Players / Innovators / Emerging Players / New Entrants

12.2. Global Modular Ceiling System Market Concentration & Company Market Shares (%) Analysis, 2022

 

13.  Company Profiles

13.1.    Armstrong Ceilings

13.1.1.     Company Overview & Key Stats

13.1.2.     Financial Performance & KPIs

13.1.3.     Product Portfolio

13.1.4.     Business Strategy & Recent Developments

* Similar details would be provided for all the players mentioned below 

13.2.    Eurocoustic

13.3.    HT Group

13.4.    Metawell

13.5.    Rockfon

13.6.    SAS International

13.7.    USG

13.8.    Others**

 

14.  Research Methodology

14.1. External Transportations / Databases

14.2. Internal Proprietary Database

14.3. Primary Research

14.4. Secondary Research

14.5. Assumptions

14.6. Limitations

14.7. Report FAQs

 

15.  Research Findings & Conclusion

Quality Assurance Process

  1. We Market Research’s Quality Assurance program strives to deliver superior value to our clients.

We Market Research senior executive is assigned to each consulting engagement and works closely with the project team to deliver as per the clients expectations.

Market Research Process




We Market Research monitors 3 important attributes during the QA process- Cost, Schedule & Quality. We believe them as a critical benchmark in achieving a project’s success.

To mitigate risks that can impact project success, we deploy the follow project delivery best practices:
  • Project kickoff meeting with client
  • Conduct frequent client communications
  • Form project steering committee
  • Assign a senior SR executive as QA Executive
  • Conduct internal editorial & quality reviews of project deliverables
  • Certify project staff in SR methodologies & standards
  • Monitor client satisfaction
  • Monitor realized value post-project

Case Study- Automotive Sector

One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached We Market Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).

Solution

The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research

The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.

Market Estimates and Forecast

In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.

Case Study- ICT Sector

Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.


Business Solution

An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.


Conclusion

The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2033.


CHOOSE LICENSE TYPE
QLOUD
Pricing

Select a license type that suits your business needs

Single User Access

US $3499

Only Three Thousand Four Hundred Ninety Nine US dollar

  • 1 User access
  • 15% Additional Free Customization
  • Free Unlimited post-sale support
  • 100% Service Guarantee until achievement of ROI
Multi User Cost

US $4499

Only Four Thousand Four Hundred Ninety Nine US dollar

  • 5 Users access
  • 25% Additional Free Customization
  • Access Report summaries for Free
  • Guaranteed service
  • Dedicated Account Manager
  • Discount of 20% on next purchase
  • Get personalized market brief from Lead Author
  • Printing of Report permitted
  • Discount of 20% on next purchase
  • 100% Service Guarantee until achievement of ROI
Enterprise User Cost

US $5499

Only Five Thousand Four Hundred Ninety Nine US dollar

  • Unlimited User Access
  • 30% Additional Free Customization
  • Exclusive Previews to latest or upcoming reports
  • Discount of 30% on next purchase
  • 100% Service Guarantee until achievement of ROI