Prefabricated Construction Market: Interesting Success Stories Across the World - PowerPoint PPT Presentation

About This Presentation
Title:

Prefabricated Construction Market: Interesting Success Stories Across the World

Description:

The global prefabricated construction market is growing at a CAGR of 8.70% and is expected to reach $269.02 billion during the forecast period, 2023 to 2032. – PowerPoint PPT presentation

Number of Views:1
Slides: 4
Provided by: mrudula01
Category:
Tags:

less

Transcript and Presenter's Notes

Title: Prefabricated Construction Market: Interesting Success Stories Across the World


1
Prefabricated Construction Market Interesting
Success Stories Across the World
As per a McKinsey Company article, construction
has lagged behind other sectors for decades in
terms of productivity. Prefabricated construction
offers a welcoming change shifting several
aspects of building activities away from
conventional construction sites into factories.
According to Inkwood Research, the global
prefabricated construction market is set to reach
269.02 billion by 2032, projecting a CAGR of
8.70 during 2023-2032.
Prefabricated construction, with its origins in
post First World War period and European colonial
period, is not a novel concept. However, changing
mindsets, economic demands, and technological
advancements have enabled unprecedented
investment and interest in prefabricated
construction. If optimized, prefabricated
construction could facilitate an enormous
productivity boost in the construction industry,
solving major and minor housing crises. Our blog
examines two interesting success stories of
prefabricated construction from around the
world. 1. Time is Life Wuhan Huishenshan
Hospital China built in Seven Days Wuhan City,
Hubei Province, bore the largest brunt of the
pandemic in China. The Wuhan municipal government
proposed to follow the 'XiaotangshanHospital'
model built in Beijing during SARS 2003. The
Huishenshan Hospital project adopted the
integrated reinforced concrete movable slab house
equipped with bathing and toilet facilities and
the pre-processing standardized production mode.
The project was designed by CITIC Architectural
Design Institute. It was designed in 24 hours and
delivered in 7 days. Over 500 construction
machinery and equipment and 1500 construction
2
personnel were put together with a reserve team
of around 2000 people to ensure the construction
was carried out 24 hours a day. Built between
January 23 and February 2, 2020, Wuhan
Huoshenshan Hospital became a national attention
project due to its construction efficiency,
recognized and acknowledged by international
communities. The project reflected the resilience
of the construction industry alongside healthcare
during COVID-19. Further, the project adopted the
'three sides' mode, i.e., survey, design, and
construction, significantly reducing each stage's
processing time. It adopted the prefabricated
movable board house method to produce
installation, transportation, and prefabrication.
Keeping time constraints in check, many
semi-finished materials or products were used.
For instance, a prefabricated movable board
equipped with basic decoration, reserved wires
cables, and suspended ceiling and ground PVC. The
first batches of box-type prefabricated houses
were upraised from January 27, whereas the
hosting of prefabricated houses was completed on
January 31. Over 600 box-type prefabricated
houses were installed in approximately 100
hours. Moreover, China Construction Third
Engineering Bureau used Building Information
Modeling (BIM) technology for Huishenshan
Hospital construction. The central application
points were the use of BIM for modular design and
construction site layout. Also, the BIM model
simulated the project's complete picture through
its visual characteristics conveniently for
design clarifications and finding design
errors. 2. Standing Tall Avenue South
Residence The Tallest PPVC Residential Building
Worldwide Singapore's architecture, engineering,
and construction (AEC) industry faces several
challenges. Among these are manpower shortages
and limited land. As a result, there is a growing
need to streamline work, minimize
construction-related disruption and waste (to
reach carbon targets), and accelerate
construction time. The Design for Manufacturing
and Assembly (DfMA) approach was considered,
which the government targets to reach 70 by
2025. Prefabricated prefinished volumetric
construction (PPVC) is the most efficient method
under DfMA today. It is the Lego-like assembly of
3D volumetric modules that are completely built
in off-site factories before being transported to
the installation site. One such PPVC project is
the 56-story Avenue South Residence, initiated in
February 2022 and to be fully completed by 2023.
At 192 meters, it is estimated to be the tallest
PPVC residential development globally. The two
apartment towers comprise over 3000 modules
stacked atop one another on Silat Avenue. Yet
again, Building Information Modeling (BIM) was
crucially aligned with the residence's
architectural, structural, and mechanical
services. Approximately 31 different room modules
were manufactured and cast together to make up a
single floor. Furthermore, PPVC is evaluated to
meet most environmental criteria compared to
other construction methods like assembling 2D
prefabricated panels or cast-in-place concrete.
It also had the lowest impact (around 6) with
regard to cycle assessments of the greenhouse
gases released, the toxicity of chemicals
emitted, and the impact on ozone layer depletion.
3
  • Moreover, the PPVC method minimized noise and
    pollution for Avenue South Residence since the
    apartment modules were built off-site, thereby
    enhancing the safety health of construction
    workers working and living near the project.
    Additionally, the method facilitated higher
    quality control since the modules were made in a
    controlled factory environment. Besides, the
    project boosted productivity by 40 due to time
    manpower efficiency.
  • Developing Economies Booming Centers for Modular
    Construction Market
  • Developing countries in regions like Africa, the
    Middle East, Asia-Pacific, Southeast Asia, South
    America, and Latin America are lucrative pockets
    for prefabricated construction. Governments in
    these countries are introducing policies to
    enhance public service infrastructure, develop
    affordable housing, and facilitate reduced down
    payment. Similarly, some important factors
    driving the global modular construction market
    growth in these countries include increasing
    urbanization, improving economic aspects, and
    growing renovation activities.
  • FAQs
  • Which developed country offers lucrative growth
    opportunities in the global prefabricated
    construction market?
  • A The United Kingdom offers lucrative growth
    opportunities in the global prefabricated
    construction market.
  • Which is the fastest-growing material in the
    global prefabricated construction market?
  • A Concrete is the fastest-growing material in
    the global prefabricated construction market,
    projecting a CAGR of 8.85 by 2032.
Write a Comment
User Comments (0)
About PowerShow.com