By 2023, the global modular construction market will be worth US$157.19bn. While China leads the world in modular product production, the method is praised by US and European construction companies as a cost-saving miracle, which delivers an estimated saving of $22 billion a year. Then there’s the Middle East. In the GCC alone, orders for modular solutions increased by 22% in the last year, and continue to grow.
The UAE’S real estate industry is also shifting towards modular construction to accelerate innovation, and to provide new homes for its growing population.
So, let’s see how modular construction is changing cityscapes the world over.