Five Reasons Why Off-site Modular Construction is the New Favorite

What is Off-site Modular Construction

Up until the last decade, we have always known construction business is to be conducted on project site. However, with the advent of technology, a new method of building has come up. This is called Off-site Modular Construction, and it is shaking the construction industry at the roots.

In this process, portions of a building are constructed in remote factories or fields that are specifically set up for that purpose. They are built using the same design and materials - but since they are being built in a factory for that express purpose, the construction takes about half the time. These “modules” are then carried off to the project site and are assembled there to reflect the original design of the entire project.

Growth in Modular Construction Business

There has been an increased demand for off-site modular construction, ever since the construction industry has rebounded up since 2013. Experts project that the market has progressed by 26% between 2014 to 2017.

An estimate is that the projected growth for the period 2018 to 2020 is by 4% every year. Such promising verticals can be associated with the resurgence in sectors such as education, offices, and retail. It is also a gift from with increased market for locality accommodation on infrastructure projects.

Architects, developers, and constructors are all gradually becoming aware of the plethora of benefits offered by technological innovations associated with the modular construction industry. From hotels, retail, offices, public buildings, apartment blocs to simple homes - all sorts of construction projects can be assembled with offsite modular structures.

This method of building is a favorable alternative to regular on-site construction, and it is durable and cost-effective. The main reason for that is the offsite modular building offers great quality and flexibility. It is also faster to finish the project with fewer expenses. Also, when it comes to counting the environmental impact and guaranteeing sustainability, there is no match for off-site construction methods.

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Published By
Rajib Dey
www.constructioncost.co
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