AMA Research says the total volumetric market will grow by 14% between 2020 and 2024, with schools among the sectors likely to see the highest growth.

Says AMA: “This is down to an increasing number of public sector procurement frameworks that include several key modular building contractors, and an increasing use of Building Information Modelling. More importantly, there is now a strong likelihood of an increase in the use of volumetric and other types of offsite construction methods to help meet the chronic housing shortage and cope with the lack of traditional construction skills within the industry.

”Hayley Thornley, the editor of the Prefabricated Volumetric Building Systems Market Report, said: “Steady growth in this market is expected over the next few years to 2024, underpinned by the increasing use of offsite construction methods to help meet the chronic housing shortage and cope with the lack of traditional construction skills.”