What are the advantages and disadvantages of modular construction?

  The modular construction market has experienced tremendous growth over the past few years, reaching a market size of $76 billion in 2021. While modular construction currently represents only a fraction of the $1 trillion construction industry, the market will only continue to grow as demand increases. More and more people are turning to prefabrication to improve site efficiency, labor productivity and safety, and to reduce construction costs. In addition to these benefits, modular buildings represent a huge leap forward in environmental sustainability, including great opportunities for more responsible use of building materials and greener design.