Modular Construction Use Is ‘Booming’ in Commercial Building
As more and more developers get accustomed to the process, use of modular construction is expected to increase.
The U.S. modular construction business has doubled in size to $8 billion over the last five years, according to the Modular Building Institute, a non-profit trade association serving modular construction. Of general contractors already using modular construction, 67 percent expect modular use to increase over the next three years, 24 percent expect demand to remain the same, and none expect it to decrease, according to the U.S. Chamber of Commerce Commercial Construction Index.
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