Dodg Data & Analytics’ Prefabrication and Modular Construction 2020 SmartMarket Report gives us a huge amount of insight into the benefits of prefabrication as well as what the future for it looks like. The report, over 60 pages long, explores several different angles and industries. Here we can see just how much the prefabrication market is changing, as well as what might be the cause of those changes.
Benefits and Future Use of Prefabrication and Modular Construction
The report opens with the benefits of prefabrication and modular construction according to a variety of users. Nearly 90% of prefabrication users report n improvement in productivity and quality, and an increase in schedule certainty. Moreover, about 80% of prefab users report an improvement across several categories. These include cost predictability and safety performance, a reduction of construction waste, and an increase in client satisfaction. In addition, the report names the most important drivers for users to switch to prefab. According to users, the number one reason to move to prefab is that it improves project and schedule performance. The second reason is that prefabrication decreases construction costs. Third, it improves project quality. These benefits are all evident in our ForWard Headwall™ projects.
Beyond the benefits of prefabrication, the report asks users to forecast their prefabrication and modular construction use through the next three years. Across the board, the future looks promising as both means of construction are growing amongst industries everywhere. The report also features some promising information regarding the prefab headwall industry. It indicates that the industry is bound to grow over the next three years as they become more popular among architects and GCs.
Overall, this report provides some excellent data and feedback regarding the prefab and modular construction industries. We are proud to be a part of a construction movement that is proving to be a net gain for architects, contractors, owners, and users nationwide.
Want to learn exactly how much time and money a prefabricated ForWard Headwall™ will save you? Watch our case study video and read our report on it here.
