Industry Executives Expect Prefabrication to Impact Energy Requirements Least, Says the New Study on ASDReports

Friday 21 November 2014, Amsterdam

Prefabrication Trends and Future Outlook in the Construction Industry” is a new report now available on ASDRerports, that globally analyzes changes in demand for prefabricated building types over the next two years, and the impact of prefabrication on efficiency and productivity. This report also examines executive opinions towards the area of innovation enhancement in prefabricated construction. It analyzes the projected increase in demand for construction segments in prefabrication during 2014–2016. In addition, it provides an overview of the key barriers faced by construction companies when implementing prefabrication.

The difference

• The report helps readers to take strategic decisions by examining key areas likely to be impacted by the use of prefabrication using standardized valuation and forecasting methodologies to enhance your business opportunities and give greater knowledge moving forward
• The report forecasts changes in demand for prefabricated building types over the next two years, which is likely to influence the industry’s growth prospects. This will ensure you make beneficial decisions to impact your business
• The report helps executives to formulate business expansion plans and assess business environment by providing information about construction types which are projected to record increased demand for modular construction in 2014–2016

Additional Report Highlights
Overall, 74% of respondents anticipate ‘cost’ to be most influenced by prefabrication. The use of less expensive prefabricated material, lower installation cost and a decrease in labor costs drives cost reduction in prefabrication-based construction projects. Additionally, 63% of executives each foresee the impact of prefabrication on ‘efficiency and quality’ and ‘time management’. The production of prefabricated units in factory conditions enhances efficiency and quality control while reducing construction costs. The use of prefabricated materials also allows greater feedback from architects in terms of material selection. The use of prefabrication techniques allows construction companies to carry out proceedings at both onsite and offsite locations simultaneously. Moreover, it enhances capability to withstand adverse weather conditions which can adversely affect time schedules and results in better coordination among various units. In total, 62% and 52% of respective respondents expect prefabrication to impact ‘design and innovation’ and ‘workforce and resource use’. In addition, industry executives expect prefabrication to have the least impact on ‘energy requirement’.