6 Benefits Of Modular Construction
The BOSS Magazine
|November 2018
The popularity of Modular Construction is changing the construction industry by offering solutions to long-standing problems.
Modular construction is the process of assembling homes and buildings using prefabricated parts (modules) and piecing them together—similar to a child building with Legos but on a much bigger scale. The process is becoming increasingly commonplace, with a recent study by MarketsandMarkets™ anticipating the worldwide value of the modular construction market to hit $157.19 billion by 2023.
COST BENEFITS
There are numerous benefits to modular construction when compared to traditional construction, perhaps most notable is cost. Both builders and buyers are finding big savings on modular construction. Prefabricated modules mean less labor and less time spent building onsite which allows for construction of buildings in smaller time frames, resulting in lower costs all around.
Modules are built in a factory in a controlled environment using repetitive procedures and reliable machinery that’s unaffected by inclement weather. Using precise equipment allows for more detailed planning which assures that each structure needs an exact amount of raw material, reducing waste.
SUSTAINABILITY AND SAFETY
Savings aside, modular construction could also prove to be a boon for the environment. Less time spent building onsite means less of an impact on the surrounding area—a fact that’s especially important when building in remote locations.
Additionally, building in a modular construction facility makes it easier to reuse waste materials. Every year 135 million tons of construction material is trashed, leftover material from modular construction is easier to store and reuse because it has only been used in a controlled environment.
SOLVING HOUSING PROBLEMS
This story is from the November 2018 edition of The BOSS Magazine.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM The BOSS Magazine
Reboot Magazine
PLAYING IT FORWARD
Enduring values meet future forward technology at Seneca Gaming Corporation
5 mins
October 2025
Reboot Magazine
TECHNICAL DIFFICULTIES
SMB LEADERS SPENDING 13 HOURS PER WEEKK ON TECH-RELATED ISSUES
2 mins
October 2025
Reboot Magazine
HARDENING THE EDGE
PHYSICAL SECURITY AT DATA CENTERS IS JUST AS IMPORTANT AS ITS VIRTUAL COUNTERPART
4 mins
October 2025
Reboot Magazine
A LEVEL PLAYING FIELD
For years, small businesses were at a technological disadvantage. New tools are changing the dynamic, Constant Contact's Frank Vella tells us.
4 mins
October 2025
Reboot Magazine
MIND OVER MATTER
AI IN MENTAL HEALTH CARE HAS TREMENDOUS POTENTIAL. IF IT'S USED RESPONSIBLY.
3 mins
October 2025
Reboot Magazine
WORLD WIDE WEIRD
Hacks are serious business. But sometimes, they can be silly.
3 mins
October 2025
Reboot Magazine
UK'S ONLINE SAFETY ACT
The near-decade of review is over, and the Act is in full force - but the controversy carries on
4 mins
October 2025
Reboot Magazine
VALUE BEYOND MEASURE
Wealthtech puts advisers' and investors' minds at ease
3 mins
October 2025
Reboot Magazine
THE TECHNOLOGY OF BEAUTY
EVEN THOUGH IT'S FAR FROM MATURE, THE INTEGRATION OF AI INTO AESTHETIC MEDICINE IS ALREADY MAKING THE PRACTICE SAFER AND MORE EFFECTIVE
4 mins
October 2025
Reboot Magazine
The Jolt They Need
TWO AMERICAN STAPLES BETTING ON EVS' FUTURE
3 mins
October 2025
Translate
Change font size

