JUNE 2022CONSTRUCTIONBUSINESSREVIEW.COM6From large-scale projects to prefabricated buildings to modular office buildings, the modular construction business is booming. In fact, the global modular building construction market is expected to grow to 67.04 billion dollars by the end of this year, at a CAGR of 7.1 percent. A major share of this growth can be attributed to the increasing use of building information modeling (BIM) in the modular construction space. BIM is greatly aiding modular construction workers by providing insights into the project before it begins and offering tools to plan the design successfully. Besides, it also makes the precise measurements of prefabricated modules available for sub-contractors or a third-party delivering windows or doors to make everything fit flawless when delivered on-site. To put the spotlight on this innovative development and many others in the industry, Construction Business Review features thought leadership articles by Andy Mest, Managing Director of Preconstruction and Offsite Construction at Greystar, Laura Smith, Virtual Construction Specialist at Miron Construction, and Will Adams, Emerging Technologies Developer of Mortenson, among others who shed light on the virtual technology and other smart innovation can take modular construction to the next level.In this edition of Construction Business Review magazine, we also bring to you the story of some of the top modular construction solution providers and modular construction service companies that deliver the best outcomes for their clients. In the list, the stories of Keystone Structural Group, Liberty Storage Solutions, MECART, and Stack Modular particularly stand out in terms of how they are bringing differentiation to the modular construction workflow and outcome. Through the following pages, we aim to shine a light on the innovative trends and latest developments in the modular construction industry. We would like to know your thoughts.Into A New Age of Modular Construction EDITORIALCopyright © 2022 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.comJune - 15 - 2022, Vol 02 Issue 07Published by ValleyMedia, Inc.To subscribe to Construction Business ReviewVisit www.constructionbusinessreview.com Email:sales@constructionbusinessreview.comeditor@constructionbusinessreview.commarketing@constructionbusinessreview.com
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