Myths, Misperceptions, and Prospects for Modular Construction
Autodesk Construction Cloud
OCTOBER 31, 2023
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] Myths and misperceptions The Crystal Palace, designed by Sir Joseph Paxton in 1851 for the first World’s Fair, was the first large-scale example of prefabrication.
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