According to a report carried out by AMA Research, there has been a 6% increase in the UK market for prefabricated volumetric modular buildings and portable accommodation in 2017. This has shown a significant improvement on 2016, where there was a dip in market value which may be attributed to the EU referendum.
The market value includes factory-made, fully assembled 3-dimensional modules, but excludes bathroom and kitchen ‘pods’. Products are broadly split between permanent and semi-permanent buildings and temporary or portable accommodation.
Since the recovery of the construction industry began back in 2013, there has been an improvement in the demand for volumetric construction. This is in part due to the increase in demand for site accommodation on major infrastructure projects such as the Crossrail and the Thameslink railway construction programmes, in addition to offices and the educational sector.
The report states that temporary accommodation on construction sites and event hire is where the larger end of the market lies. Education and healthcare are also key areas of use. Within the healthcare sector, operating theatres and wards are the most widely used application whereas in the educational sector, semi-permanent school classroom has shown as the biggest use of modular buildings. In a lot of cases these semi-permanent structures end up becoming permanent solutions. For example, we completed 2 school projects, one for permanent use and one for semi-permanent. Our permanent school was completed in Panama City and our semi-permanent was constructed in the Caribbean.
The chronic housing shortage in the UK is sure to underpin a steady growth in the off-site manufacturing sector. In February 2017 the government released its Housing White Paper, within the report they supported the use of off-site construction, stating some of the benefits of this construction type; high quality, reliable, more productive, energy efficient and requiring fewer people onsite.
The report states that the market is forecast to grow at a rate of 3-5% per year between 2017-2022. The current drive for sustainable development, the need to meet energy efficiency and carbon reduction targets shows the need for this type of construction.
AMA Research also states in their report that, compared to traditional construction, volumetric building methods typically generate less waste, typically have superior airtightness, and hence thermal insulation performance, than either brick & block and timber frame construction.
If you would like any more information on our modular buildings here at Tempohousing, don’t hesitate to get in contact today.