THE EPIC RISE OF INDUSTRIALIZED CONSTRUCTION

摘要

The construction industry is facing colliding forces that render our current trajectory wasteful, inefficient, and unsustainable. These include a widespread skilled labor shortage and industry productivity rates that continually fail to improve. This is the burning platform that this relatively undisrupted $8 trillion global industry rests upon. Multiple things need to change, but there are obvious wins to go after. Enter prefabrication and modular construction. Predicted to grow at 6.5% CAGR between 2015 and 2020, experts project that prefabrication and modular construction will total $209 billion by the end of the decade.