Analysis of the Growth Dynamics and Structure of the Modular Building Construction Industry
Publication: Construction Research Congress 2014: Construction in a Global Network
Abstract
The modular construction industry has made significant advances in the last two decades that qualifies it as a more efficient, greener, and affordable alternative for delivering building projects. Modular construction depends on moving portions of the project work to offsite manufacturing locations where the building is manufactured in modules, transported to the site, and erected in the designed configuration. Currently, modular construction is a sizable industry that encompasses its own stakeholders, customers, vendors, and supply chains. However, there is no comprehensive understanding of the structure and growth dynamics of this industry that is necessary for predicting its future performance trends. Accordingly, this paper presents a comprehensive description of the modular construction industry structure and a preliminary analysis of previous growth trends and dynamics. Different aspects of the industry are described in terms of its main stakeholders, supply chain interactions, logistical requirements, and economical attributes of manufactured modular buildings. The industry growth dynamics and trends are analyzed by examining available historical performance data of the modular construction industry that have been collected by the Modular Building Institute since 1994. The findings of this analysis should prove useful in developing future advanced models to help in designing efficient policies and measures to support the growth of the modular building industry.
Get full access to this article
View all available purchase options and get full access to this chapter.
Information & Authors
Information
Published In
Copyright
© 2014 American Society of Civil Engineers.
History
Published online: May 13, 2014
Authors
Metrics & Citations
Metrics
Citations
Download citation
If you have the appropriate software installed, you can download article citation data to the citation manager of your choice. Simply select your manager software from the list below and click Download.