Modular construction allows for the building and the site work to be completed simultaneously, reducing the overall completion schedule by as much as 50%.

In fact, a 2021 study of new builds in Pakistan found that modular construction generated almost half the greenhouse gas emissions of conventional site-built building (about 3,450 kgCO 2 ...

The concept of modular construction may seem foreign to some, but it is gaining traction as a safe and efficient means of building. In fact, COVID accelerated the pace of prefabrication and modular ...

Per the Modular Building Institute, the industry’s largest trade association and foremost resource, “modular construction is a process in which a building is constructed off-site, under ...

Modular construction can speed up construction by as much as 50 percent and cut costs by 20 percent, according to a 2019 report by the consulting firm McKinsey & Company, which estimated that ...

Globally, the modular construction market size is expected to grow from around $84 billion in 2023 to more than $130 billion by 2030, per a recent report from market research company Fortune Business ...

Modular construction, also known as prefabrication, is rapidly emerging as a transformative trend in the construction industry. This innovative approach involves assembling building components off ...

According to the Modular Building Institute, as noted in its 2023 "Permanent Modular Construction Report," permanent modular construction exceeded $12 billion in North America in 2022 ...

Modular construction, long associated with mobile homes, has gone high-end. A market is developing for luxury modular homes as buyers look to take advantage of the quick turnarounds that factory ...

As the healthcare industry continues to evolve, the demand for more flexible and efficient hospital infrastructure is on the rise. Modular hospital construction offers a solution to this growing need ...

Across U.S. residential and commercial sectors, modular construction was estimated to represent more than 6.6% of new construction started in 2023, representing more than $14 billion in total ...