How can modular building increase profits in the building industry?

The image of modular buildings filling our towns, cities and streets may well steadily become a reality. Modular buildings can be produced to the fast pace that society demands, solving infrastructure and housing issues at the tempo at which they arise.

Plugging new demands in construction, modular buildings are vastly different to classically built brick and mortar constructions, so how will they affect the building industry? Overall, we can expect modular buildings to enhance profits in the construction industry as it adjusts to newer, faster and more efficient on-site construction of modular buildings which are cheaper and more economically streamlined.

More clients want modular buildings 

Since the late 1970s, modular buildings have soared in demand and the trend is only expected to accelerate into a new era of construction, where homes and commercial buildings are built with at least part modular designs. More and more clients want modular buildings, so it stands to reason that those in the construction industry who follow the trends will reap the rewards of greater profits. The benefits of modular construction add up to a greater usefulness now than ever before, with improved quality, speed and quicker returns on investment for all parties.

Modular building construction is allied to the economy of scale and size, meaning construction firms can fill plots of land more efficiently in built-up areas where traditional builds are impractical. Social housing, healthcare and scientific buildings are top of the lists, as frequently these forms of infrastructure need to be flexible and easily erected to tight budgets and practical constraints. Meeting this modern demand will enhance the client base of modular building industries and the construction industry can introduce a fresh method of meeting the nation’s demands for modern construction.

Construction efficiency

The construction of modular buildings is streamlined, focussed, efficient and sustainable. The first and most obvious area of profit enhancement is the short build times associated to modular builds. Numerous studies have placed this in the region of 50-60% quicker than traditional on-site construction, meaning earlier returns are made as well as savings on preliminaries and numerous other costs are cut largely or totally.

Logistical costs are reduced, as although the buildings may require specialist transportation, it is a short-term operation from factory to site – there is no ongoing transferral of raw materials and other goods from multiple sites. In terms of the building materials themselves, which formerly always cost more than traditional bricks and mortar, prices are now beginning to fall as high-tech materials which suit modular constructions become more widespread.

Another enormous benefit is that the construction of light steel framing is easily replicated across multiple units, which can be built simultaneously or in succession. Modular building construction follows a ground-up flow, where frameworks provide a unanimous base on which huge varieties of extras can be added according to demand. This allows manufacturers to build up a stock of frames ready for client plans and designs.

When compared to classic construction, the economy of modular building’s scaling allows companies to prepare for contracts long in advance, making them proactive in adapting to industry changes rather than reactive.

When you sum the accelerated build times with vastly reduced on-site disruption, compacted workforces that operate on-site, lower logistical costs and lower material wastage, it’s easy to see how modular buildings could streamline profit in the construction industry whilst maximising positive outputs for clients.

High Quality

The drafty, dinghy and drowned out images of post-war prefabs are lifting and now, modular buildings are in aesthetic alignment to the modern designs that we’re becoming increasingly used to. More and more people are opening themselves up to modular constructions that feature angular, sleek and metallic exteriors with many different available finishes, ranging from anodised sheets of aluminium to galvanised steels with huge varieties of colours and textures.

The exteriors of modular buildings can easily be changed around and so can the interiors, which is a quirky feature if marketed properly to homeowners. Homeowners can even expand their homes based on their families or add extra offices spaces, garages or workshops. For commercial purposes, where modular buildings are already frequently employed in healthcare, the high-quality, durable and clean interiors are ideally suited to clinical settings.

Modular buildings need not be metallic and clinical though, you can obviously design the interiors how you like and there’s nothing to say you’d even know you were in a modular house. With an effective blend of quality, efficiency, durability and aesthetic attraction, more and more modular buildings are being welcomed into towns and cities. The building industry can grasp modular building’s cost effectiveness and enhance their profits in this new age of high-tech building.