The popularity of Modular Construction is changing the construction industry by offering solutions to long-standing problems.
Modular construction is the process of assembling homes and buildings using prefabricated parts (modules) and piecing them together—similar to a child building with Legos but on a much bigger scale. The process is becoming increasingly commonplace, with a recent study by MarketsandMarkets™ anticipating the worldwide value of the modular construction market to hit $157.19 billion by 2023.
COST BENEFITS
There are numerous benefits to modular construction when compared to traditional construction, perhaps most notable is cost. Both builders and buyers are finding big savings on modular construction. Prefabricated modules mean less labor and less time spent building onsite which allows for construction of buildings in smaller time frames, resulting in lower costs all around.
Modules are built in a factory in a controlled environment using repetitive procedures and reliable machinery that’s unaffected by inclement weather. Using precise equipment allows for more detailed planning which assures that each structure needs an exact amount of raw material, reducing waste.
SUSTAINABILITY AND SAFETY
Savings aside, modular construction could also prove to be a boon for the environment. Less time spent building onsite means less of an impact on the surrounding area—a fact that’s especially important when building in remote locations.
Additionally, building in a modular construction facility makes it easier to reuse waste materials. Every year 135 million tons of construction material is trashed, leftover material from modular construction is easier to store and reuse because it has only been used in a controlled environment.
SOLVING HOUSING PROBLEMS
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