Keyman Personnel’s Post

Demands for the built environment sector call for more productive construction methods. Modern Methods of Construction provide an opportunity to revamp housing design and delivery. Governments hold the purchasing power and risk tolerance required to back new technologies and propel their adoption in the private market. It's positive to see Australian governments supporting MMC. https://lnkd.in/gWaHMwda

The construction industry stands at a pivotal juncture as we look ahead to 2025. Despite facing a complex landscape marked by both challenges and opportunities, the sector is poised for growth. https://bit.ly/3NJ8lGH

𝐎𝐧𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐤𝐞𝐲 𝐝𝐫𝐢𝐯𝐞𝐫𝐬 𝐨𝐟 𝐠𝐫𝐨𝐰𝐭𝐡 𝐢𝐧 𝐭𝐡𝐞 𝐦𝐨𝐝𝐮𝐥𝐚𝐫 𝐜𝐨𝐧𝐬𝐭𝐫𝐮𝐜𝐭𝐢𝐨𝐧 𝐢𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐢𝐬 𝐭𝐡𝐞 𝐢𝐧𝐜𝐫𝐞𝐚𝐬𝐢𝐧𝐠 𝐝𝐞𝐦𝐚𝐧𝐝 𝐟𝐨𝐫 𝐚𝐟𝐟𝐨𝐫𝐝𝐚𝐛𝐥𝐞 𝐡𝐨𝐮𝐬𝐢𝐧𝐠 𝐚𝐧𝐝 𝐢𝐧𝐟𝐫𝐚𝐬𝐭𝐫𝐮𝐜𝐭𝐮𝐫𝐞 𝐬𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐬. 🏭 In 2023, the global modular construction market is expected to be worth US$ 97.51 billion. The adoption of modular construction is projected to develop at a 7.4% CAGR to reach US$ 199.11 billion by 2033. Modular construction offers a cost-effective and efficient way to construct high-quality buildings in a short period. Hence, making it an ideal solution for affordable housing projects and infrastructure development. https://lnkd.in/gu5e7ETQ #industrializedconstruction #modularconstruction #affordablehousing Ken Semler Gary Fleisher Dave Cooper Greg Ching Tracye Herrington Charles G. Emma Sutton Martin Skea Matt Sullivan Bob Bender Kim Aitken Michael Mathews Terry Winter Kacy Caviston Howard Anglin Benjamin Bush Matthew Haas Kevin Lockhart Ron Lambert Bruce Morin Ben Hershey Jordie Puchinger Jennifer Castenson Rob Howard Rochelle Mills

Good times ahead ! Glenigan’s UK Construction Industry Forecast 2025-2026 forecasts 8% growth in construction output in 2025 and 10% growth in 2026.

Glenigan’s UK Construction Industry Forecast 2025-2026 forecasts 8% growth in construction output in 2025 and 10% growth in 2026. https://lnkd.in/e92nsYeb

Despite it being 2024, the UK construction industry still needs to catch up and embrace modern methods of construction (MMC). Its potential to accelerate the journey to net zero carbon goals and shape the future of construction sustainability is a no-brainer. Traditional construction methods continue to dominate, leading to inefficiencies, higher costs, and increased environmental impact. According to a McKinsey Global Institute report, construction productivity has grown by only 1% annually over the past 20 years. A KPMG study found that MMC can reduce construction time by up to 50% and costs by 20%. It's time for the industry to fully leverage these benefits to meet modern demands and environmental targets. #netzero #carbon #sustainableconstruction

Mixed messages on return of large-scale construction projects

Modular construction has emerged as a transformative force within the global construction industry, attracting major players like Bouygues Construction, Skanska, KATERRA, and others. This innovative approach addresses critical challenges such as housing shortages, rising costs, and labor constraints, positioning itself as a pivotal solution in the contemporary built environment landscape. #Modular #Construction #Housing Read about it and more: https://lnkd.in/ekyKGhr3

Construction activity across all sectors has expanded at its quickest pace in two years.

After enduring skyrocketing costs and tradie shortages, the construction industry is gearing up for a comeback as experts remain ‘cautiously optimistic’ heading into 2025. #bcicentral #constructionactivity #energyconstruction #homebuilding #labourshortages #residentialdevelopment #tradieshortages