It isn’t just modular home builders that are extolling the advantages of modular construction and speaking of its increasing popularity. A recent survey showed some compelling trends in modular construction for the upcoming few years at least. The survey targeted a blend of mechanical, electrical, and general construction contractors, as well as construction management firms. Here are some of the noteworthy findings:
- Respondents believe that modular construction will grow by more than 5% per year for the next three years.
- More construction companies are considering in-house modular construction processes (17% in 2013 compared to 5% in 2010).
- 40% of all respondents have prefabricated or modular construction as a part of their companies’ strategic initiatives.
The survey makes it obvious that industry participants believe that prefabrication and modular construction services will play important roles within construction projects in the future.
With more than 10 years building the highest quality single family and multi-family homes, townhouses and apartments Tidewater Custom Modular Homes is happy to see more and more people seeing the benefits of in-factory modular construction. Modular constructions allows you to create and build dream homes in a simplified, prompt and cost effective manner.
We look forward to what 2014 will bring in modular construction. For more information, contact Tidewater Custom Modular Homes.