What is the current state of modular construction?

Modular construction has seen remarkable growth, with its market share tripling over the past seven years. The industry is experiencing strong demand, particularly in sectors such as healthcare, education, and housing, which are pressed by skills shortages and the need for affordable options.

What are the predicted trends for modular construction in 2025?

The trends for 2025 suggest increased production of modular buildings across various segments, including hospitality, education, healthcare, and multifamily homes. The benefits of modular construction, such as speed, efficiency, and sustainability, are expected to address housing shortages and other industry challenges.

What challenges does the modular construction industry face?

Despite its potential, the modular construction industry must overcome significant challenges, such as regulatory barriers and outdated construction ideologies. These issues need to be addressed to enable the full adoption of off-site and modular construction techniques, which promise substantial benefits in efficiency, waste reduction, and sustainability.

2024 Year in Review and 2025 Trends: Insigh...

2024 Year in Review and 2025 Trends: Insights from the Modular Building Institute

Michelle Dawn Mooney hosts the Built Modular Podcast, featuring Tom Hardiman, the Executive Director of the Modular Building Institute. They discuss the rapid growth of modular construction and forecast trends for 2025, focusing on its impact across various sectors.

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By Michelle Dawn Mooney · December 3, 2024, 7:23 PM UTCBuilt Modular PodcastMichelle Dawn MooneyModular Building InstituteModular Construction Industry

Key takeaways

Modular construction has tripled its market share in seven years.

Demand grows across sectors like healthcare, education, and housing.

Regulatory barriers and outdated ideologies challenge the industry.

In a comprehensive interview on the "Built Modular" podcast, Tom Hardiman, the Executive Director of the Modular Building Institute, joined host Michelle Dawn Mooney for an in-depth analysis of the state of modular construction in 2024 and the trends that could shape the industry in 2025.

Tom shed light on the remarkable growth of modular construction. He highlighted the industry's tripling market share over the last seven years and the strong demand from different sectors. He emphasized the substantial increase in modular construction use in healthcare, education, and housing—sectors pushed by a skills shortage in the construction industry and the critical need for affordable housing.

Looking ahead, Tom predicts increased production of modular buildings in various segments, including hospitality, education, healthcare, and especially multifamily homes. With the illustrious benefits of modular construction—speed, efficiency, and sustainability—he believes it's an invaluable tool to mitigate the housing shortage issue.

With the illustrious benefits of modular construction—speed, efficiency, and sustainability—he believes it's an invaluable tool to mitigate the housing shortage issue.

Despite its glowing potential, the modular construction industry has challenges to overcome. Regulatory barriers and outdated construction ideologies are among the major hurdles. Nevertheless, the reward looks promising—a brighter, more sustainable future marked by reduced construction waste and increased building efficiency.

Tom envisions this future as attainable, especially if governments and builders fully embrace the potential of off-site and modular constructions. He sees it as an opportunity to streamline construction processes, spur regional economic growth, and provide affordable, quality housing.

He sees it as an opportunity to streamline construction processes, spur regional economic growth, and provide affordable, quality housing.

For an in-depth look at these insights and more, watch the full "Built Modular" interview. Don't forget to like, share, and subscribe for more industry insights!