In the early 1900s, home construction was mainly based on home-building kits. Supplies arrived on site ready to assemble. It was the start of modular construction.
The global modular construction market was estimated at $104.01 billion as of 2024. And it is expected to grow to $140.8 billion by 2029.
What are the differences between modular construction and prefabrication?
Modular means that 60-90% of the structure is built offsite, transported to the site, and assembled on-site.
Prefabrication involves building and assembling specific kits offsite and attaching them to the building later.
These two construction methods would address the following issues associated with construction:
Prefabrication and modular construction change the way structures are built. In this series, we will address the following questions:
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