JULY 2023CONSTRUCTIONBUSINESSREVIEW.COM6The progressive rise in the adoption of pre-fabricated structures over the past decade is a futuristic step toward reducing cost, duration, and carbon footprints generated by conventional construction practices. In a regressive economy, where labor shortage and steeply rising raw material costs remain a glaring reality, pre-engineered building models offer a chance to achieve sustainable building standards.Due to their onsite installation and futuristic design parameters, pre-engineered buildings are considered the ideal solution to construction issues. Incorporating business information modeling and nesting software has helped attain state-of-the-art precision in detailing, assembling, and dismantling the layout. Regularly using CNC machines for onsite alignment and 3D detailing of the skeletal drafting can repair voids between the structural design and deployment.Cost savings are enormous, attributed to the extensive application of pre-engineered components and a standardized operating pattern. Conventional design and implementation concepts are thwarted by minimal maintenance levels, even though it falls short on the flourish of architectural versatility and customization. These buildings can be customized to meet specific requirements and aesthetic preferences, offering a wide range of design options.According to research and markets.com, the pre-engineered building market is expected to grow from 15.24 billion in 2021 to 26.87 billion by 2026, with an annual compound growth rate of 11.98 percent. Rapid rates of urbanization and vows for sustainable development justify the unparalleled growth rates across the pre-engineered building sector.This edition of Construction Business Review delivers a bird's-eye view of the recent developments in the pre-engineered building arena and insights into how companies align with these latest trends to transform legacy practices and improve outcomes.We have curated thought leadership articles from industry experts, including Manish Patel, Senior Director of Facilities, Sourcing & Procurement at Essex Property Trust. We also took a deep dive into the market trends to narrow down the list of companies delivering robust pre-engineered building solutions and services. Equipped with innovative technological capabilities, companies such as CA South Constructors help transform businesses at the cloverleaf of various disruptive technologies.We hope this edition of Construction Business Review on pre-engineered building helps you build the partnership you and your organization need to foster an environment driven by efficient technology. Let us know your thoughts! Ushering in the Era of Sustainable Building PracticesEDITORIALCopyright © 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 MathewsDisclaimer: *Some of the Insights are based on our interviews with CIOs and CXOsVisualizersJames D. PhillipsRobert MathewsManaging Editoreditor@constructionbusinessreview.comJuly - 01 - 2023, vol - 3, issue - 13 (ISSN 2835-9429)Published by ValleyMedia, Inc.To subscribe to Construction Business ReviewVisit www.constructionbusinessreview.com Email:sales@constructionbusinessreview.comeditor@constructionbusinessreview.commarketing@constructionbusinessreview.com
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