17 Oct Prefabrication And Modular Construction Change How Structures Are Built
Prefabrication And Modular Construction Change How Structures Are Built Modular construction typically involves constructing at least 60-90% of a building or other structure before bringing it to the construction site. Prefabrication, while technically part of modular construction, occurs when certain components of a structure are assembled or manufactured off-site. The prefabricated parts are then easily affixed to the building. The global modular construction market was worth about $91 billion as of 2022. And it is expected to grow to $120.4 billion by 2027. And while it has been relatively small compared to the entire construction market, the modular construction industry has experienced rapid growth in the past few...