Modular construction is not only being adopted by local builders as their preferred construction method, it is gaining in popularity around the world. Globally, output from the industry is estimated to be more than $90 billion USD (2012 statistics), up from $60 billion USD in 2011. Asia-Pacific is the largest regional market, accounting for 49.3% of the total global market. [Source: Business Wire]
Governments’ demand for increased energy efficiencies, coupled with commercial builders’ desire to reap a quicker return on their investment and a demand for better quality construction methods are all fueling this growth.
There are some pretty cool modular construction projects taking place around the world. Here is a look at a few of our favourites:
Chinese company, Broad Sustainable Building (BSB) built this 57-storey skyscraper within three weeks of onsite work time. BSB claims that by using modular construction methods, they were able to save 15,000 truckloads of concrete compared with traditional construction methods.
Built by Australian manufacturers Rider Levett Bucknell, Echelon comprises two distinctive 43-storey towers with a total of 508 residential units. This luxury residence will be located in Singapore is complete with a gymnasium, yoga deck and spa lounge.
This stunning new stadium features a modular top tier and will host the 2022 World Cup in Qatar. After the World Cup, the top tier will be donated to countries in need of sporting infrastructure. Work is underway and the project is expected to be completed in 2019.