Title: Modular Construction Market - PowerPoint PPT Presentation

Description: The global modular construction market was valued at US$ 87.3 billion in 2021 and is expected to reach US$ 130.2 billion by 2028; growing at a CAGR of 5.9% during the forecast period from 2021 to 2028. Modular construction is a type of off- site construction of structural units which are assembled on the site to complete the construction of a building. It produces less waste and less site disturbances compared to traditional construction. Modular construction is used for permanent and temporary services particularly for military, hotels, educational institutes like classrooms and student residences and healthcare facilities. Furthermore, dissembling and shifting of these buildings can be done without any wastage of time and it can be renovated for new modular construction reducing the raw material needed and energy requirement for construction of new setup. – PowerPoint PPT presentation