July 2023CONSTRUCTIONBUSINESSREVIEW.COM6In the wake of growing emphasis on affordable and sustainable housing structures across the globe, coupled with the need for quicker build times, portability, and easy relocation, modular construction has emerged as the most viable option to meet those needs. The most recent market estimates state that the modular construction industry is set to reach $234.6 billion by the end of 2031 while growing at a CAGR of 6.1 percent. The market growth is largely driven by the sharp uptick of urbanization and industrialization fueled by an ever-growing global population. At the same time, modular construction components are manufactured in a controlled environment and assembled on-site, alleviating problems like weather changes and skilled labour shortages while driving higher productivity. These factors are also playing a key role behind the rapid adoption of modular construction methods.To put the spotlight on such key developments in the industry, Construction Business Review showcases how organizations in Canada are leveraging the latest technologies to help clients fulfil their construction demands and meet their expectations. The edition features thought leadership articles from Roy Sudipto, global capital, construction and MRO procurement manager at Maple Leaf Foods, who talks about the different stages that go into planning a roofing project and how global trends can affect one. Danny Horton, sr. project manager, data centers/mission critical at PCL Construction, elaborates on the role played by modular construction for data centers and the benefits that come along with such type of data constructions.In this edition, we also bring to you some of the top modular construction solution providers that deliver the best building services to their clients. The list includes Arcadia off-grid Tiny Homes, which stands out for its tranquil, peaceful and quiet off-grid community in Ontario, Canada that has houses that are built at the fraction of the cost of typical Canadian real estate. We hope this edition assists you in finding the best-in-class modular construction service providers in Canada that can successfully fulfil an organization's construction needs. Let us know your thoughts!Future-Proofing Real Estate ConstructionEDITORIALCopyright © 2023 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.Editorial StaffDavid VincentFred SmithKevin DavisFredrick GallowayJames FerrerRose D. WilsonManaging EditorRobert MathewsVisualizersAsher BlakeJames D. PhillipsEmail:sales@constructionbusinessreview.comeditor@constructionbusinessreview.commarketing@constructionbusinessreview.com JULY - 10 - 2023, Vol 03 Issue 15 (ISSN 2835-9429)Published by ValleyMedia, Inc.To subscribe to Construction Business ReviewVisit www.constructionbusinessreview.com Robert MathewsManaging Editoreditor@constructionbusinessreview.comDisclaimer: *Some of the Insights are based on our interviews with CIOs and CXOs
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