Housing industrialization represents the degree of progress in a country's construction technology. From the old earthen houses, hand-built brick houses, and semi-mechanical houses, to houses can be prefabricated on production line, or build a house like playing with Legos. The rapid industrial revolution has accompanied China's economic transformation is changing you and me .

Hereby, we would like to talk about the development trend of modular housing in the world for everyone.

☆ Modular Construction is still spreading over the world

According to report of Modular Homes industry scenario during the forecast period (2019-2024),we understand that the modular house trend is sill rising in the next 5 years.

The worldwide market for Modular Homes is expected to grow at a CAGR of roughly 2.9% over the next five years, will reach 49300 million US$ in 2024, from 42800 million US$ in 2019, according to a new study.

Meanwhile, lots of companies and corporations over the world are still discovering the wide range of benefits offered by modular construction. Almost 40% of low-rise office buildings worldwide incorporate modularly constructed elements. However, the home construction sector has been slower to adopt modular construction, having built only 2% of new single-family homes using modular techniques.

Several studies show that the modular construction market will rise,and they projected that this value will reach $157.19 billion by 2023, forecasting a compound annual growth rate of 6.9%. ^[1]

☆ Why modular homes can be increased so fast?

● Cost saving :

The demand for new housing units and increased investment is becoming a difficult problem in construction industry.These are perhaps the most significant drivers for modular construction,since comparing to homes built with concrete and steel bars, modular house construction is far more economical.

● Construction speed :

The desire to move away from inefficient conventional on-site construction methods is also one factor that make modular houses developed. Because modular houses are manufactured in advance in factories,it can save a lot of construction time at site. This is also another way for cost saving,especially labor cost.

Cost-effective, speedily constructed, and environmentally efficient qualities, these 3 factors ensure that modular buildings will continue to serve as an indispensable part of any architectural project.

☆ Modular houses in China

According to the report from Wang Ning, deputy minister of the Ministry of Housing and Urban-Rural Development of China, the measured data of some projects show that industrialized projects can save about 80% of wood formwork, compared to traditional methods during construction. It also saves water, reduce waste of mortar, greatly reduce construction noise and construction waste has achieved significant results at site. In the next step, the national level will speed up the study and issue of guidelines for promoting the development of residential industrialization and the "13th Five-Year Plan" development plan to comprehensively guide the development of residential industrialization. At the same time, we will strengthen scientific and technological innovation, promote mature and reliable modular building technology systems, improve relevant standards and norms, explore general engineering contracting models, promote informatization construction, and establish a quality traceability system.

All signs show that in the critical period of China's accelerated transformation and upgrading, the industrialization of housing will undoubtedly usher in a golden period of explosive growth. In the future, the continuous development of new technologies and concepts for the entire process of industrialization and industrialization from the initial design, construction and interior decoration will surely allow more residents to live in low-energy, high-quality, longer-liveable dwellings.

☆ Ending

The future can be expected, modular buildings are still a growing trend, even we might be seeing less modular construction than we previously thought would exist by now. Modular homes can be cheaper, more affordable, and quicker to build, not only the foundation of residential spaces in developed and emerging markets alike in the future, but also of the space-colonizing ambitions of the human race.

Reference from:

[1] Modular Construction Market by Type & Material - Global Forecast 2023