Remove 2028 Remove Building Standards Remove Cost Control Remove Prefabrication
article thumbnail

Myths, Misperceptions, and Prospects for Modular Construction

Autodesk Construction Cloud

As a result, many people started looking at modular construction practices with fresh eyes and saw it as a way to design and deliver quality buildings. As of 2023, the modular market is estimated at $146 billion and is expected to reach $200 billion by 2028, growing at a CAGR of 5.99%. [1] That is no longer the case.

article thumbnail

Find About the Latest News on Uk Construction Faces ‘Difficult Period’, How Gigantic Australian Cranes Could Change Uk Construction, Opening of Hercules Construction Academy, and Beginning Birmingham Curzon Street Hs2 Station Construction

UK Construction Blog

” Meanwhile, Australian huge cranes have the potential to bring in a new era for the building industry in the United Kingdom. Growing borrowing costs have hurt profit margins of present and planned development projects, according to the auditing firm. This is a tough time for construction.

article thumbnail

2024 Construction Trends: 30+ Experts Share Insight

Autodesk Construction Cloud

We adopted new technologies, embraced sustainable building practices, and were more vocal about the benefits of working in the AEC field. CAGR from 2023 to 2028. This could involve an increased focus on sustainable construction, leveraging advanced technologies like BIM, and adopting eco-friendly building practices.