As time goes on, prefabrication’s prevalence in the building industry grows. The introduction of prefabricated homes in India paved the way for the country to adopt cutting-edge practises in construction and architecture. This state-of-the-art equipment can be used in any type of construction, from high-rises to small businesses, single-family homes to sprawling cities. The real estate industry, in particular, has recognised the rising importance of prefabricated buildings in recent years. The quality of construction is improved via the application of innovative technologies and imaginative design.
The Concept of Prefabrication – Simplified
It’s a technique that has workers assemble modules in factories before transporting them to construction sites. Constructing a building from prefabricated components saves time and effort on the job site. Prefabricated homes make a lot of sense in developing countries like India.
Right now, problems with clearance, population growth, space constraints, and construction delays are plaguing India’s construction sector. Traditional construction methods are still widely used, and projects often require a lot of man-hours and manual labour. The initial cost of converting to prefab is substantially higher, but the benefits to developers in terms of speed, security, and perfection make up for it, allowing them to construct structures more quickly and satisfy demand.
In spite of these challenges, it is expected that India would have one of the highest rates of growth in construction output over the next few years, with technology playing a crucial role. Prefabrication can play an important part in boosting India’s real estate market. It’s ready to influence the future of India’s property market.
In India, the market for prefabricated buildings is broken down into numerous submarkets defined by factors like end-use, region, manufacturer, building size, infrastructure requirements, and others. In accordance with the construction method, the market can be broken down into assembled and non-assembled subsets. Non-assembled products are expected to have the largest share of the market because of the preference of most customers for on-site assembling. The market can be segmented into submarkets based on the primary raw material used, such as glass, concrete, steel, aluminium, timber, and architectural constructs. As a result of its superior strength, durability, sustainability, and dependability, steel is predicted to have the largest market share. Based on the system type, the market may be broken down into skeleton systems, panel systems, cellular systems, and integrated systems. The skeleton system is expected to dominate the market because of its high tensile strength, low weight, and small volume. By end use, the market can be broken down into three distinct categories: residential, commercial, and industrial. It is expected that the commercial sector will be the largest consumer of prefabricated buildings due to the lower costs associated with meeting urgent demands.
Exactly what will the future hold?
Numerous businesses rely on prefabrication since it is essential to the growth of the construction and building sectors. International suppliers of prefabrication equipment and materials have responded to the rising demand for such construction by opening offices in India. More and more individuals in the general public are learning about prefabricated homes, and more and more people in the domestic market are actively participating in the construction of such homes.
Construction equipment manufacturers were sluggish to adopt disruptive technology because they were focused on employing innovation to improve their products. Recent years, however, have seen a change in focus from equipment to the building and planning phases itself.
The building industry in India is expected to reach US $1 trillion in size and contribute over 15% of the whole GDP by 2026, making prefabrication the dominant method of construction during the following decade.
The Indian government has set a lofty goal of constructing 20 million affordable homes and 98 smart cities by the year 2022, and to achieve this goal, the country’s two most important industries—construction and manufacturing—will work together to establish a network for improved innovation and technology adoption. It is consequently believed that prefabrication would play a crucial part in the development of all infrastructure and the “Digital India” goal. Finally, it’s fair to state that prefabrication technology can be a competitive option to traditional building methods.