Experts Predict Increase in Prefabricated Construction

Experts Predict Increase in Prefabricated Construction - Arnold Insurance Agency Blog.jpg

Experts Predict Increase in Prefabricated Construction

While most construction projects produce at least part of a structure off-site, advances in prefabrication technology are making modular construction more accessible. In fact, sales of prefabricated structures are increasing by about 6 percent annually, and experts believe that the market for this type of construction will be worth $209 billion by the end of next year.

Using prefabricated construction, employees can work on entire sections of a structure off-site, transport them to the job site and then assemble everything together. Not only does this help speed up complicated operations like electrical wiring and plumbing installation, employees can also avoid hazards associated with the main work site.

Here are some of the advantages that prefabricated construction can offer:

  • Boosts safety—Employees can work on structures in a spacious factory and at ground level, which lowers the risk of an accident.

  • Saves time—Structures can be built in a setting with extra space and resources, so prefabricated projects are usually completed quickly and with lower overhead costs.

  • Environmentally friendly—Prefabricated construction has less of an impact on the final construction site and usually causes less runoff and pollution.

  • Addresses skilled labor shortage—Many employers are struggling to find skilled employees, and prefabricated structures can be completed with smaller workforce’s.

Information provided to Arnold Insurance Agency by © 2019 Zywave, Inc. All rights reserved.