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billion by 2029. Million By 2031 Offsite construction involves prefabricating building parts offsite and assembling them on site. offsite building business is growing due to demand for prefabricated parts. Market growth is driven by rising demand for prefabricated components, sustainable construction, and technical improvements.
Prefabrication Interest in prefab construction is surging because it’s exactly what the doctor ordered. Prefabricated component manufacturing occurs in a controlled environment, so it’s efficient time-, energy- and material-wise. As of 2024, Mordor Intelligence estimates the prefabricated building market size in the U.S.
This technology lets construction teams bring larger prefabricated elements to the site for large-scale offsite building. Expect HS2 to open between 2029 and 2033. Global heavy lifting tower crane specialist Marr Contracting is revolutionizing modular construction with bigger and easier craneage solutions.
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