The prefabricated construction market in Latin America is poised for steady growth in the medium term. Modular Data Centers, based in Brazil, is experiencing robust demand for its prefabricated compact modules, projecting a significant increase in contracted capacity for datacenter projects in 2024. The company plans to double its capacity to 24MW and explore new markets in the US and Europe, aiming to capitalize on heightened demand and strengthen its market position.
Additionally, global firms are expanding their footprint in Latin America. Mighty Buildings, a US-based modular construction firm, announced the opening of a new factory in Mexico in 2023. This strategic move is intended to scale operations and accelerate business growth, leveraging Mexico’s favorable labor costs and connectivity advantages.
Modular Data Centers, focusing on key markets in Latin America including Brazil, Mexico, and Chile, maintains a significant partnership with Scala Data Centers. Recently, Modular Data Centers completed a major project for Scala in Porto Alegre, Brazil, valued at approximately US$50 million. Looking ahead, the company aims to supply modules to other colocation providers and directly to cloud companies, aligning with the expanding demand for datacenter infrastructure globally.
The trend of setting up manufacturing bases in Mexico among global modular construction firms continues to strengthen. Mighty Buildings’ new facility underscores a broader strategy to tap into Mexico’s growing modular construction market, supported by projections of steady industry growth over the coming years.
This comprehensive market intelligence report offers detailed insights into business opportunities within the Latin America prefabricated construction industry. Featuring over 100 KPIs, the databook covers end markets, prefabricated/precast materials, and products at both regional and country levels, presenting data-centric analysis through charts and tables.
