Prefabrication

Building Information Modelling (BIM) Market size worth $ 17.69 Billion, Globally, by 2030 at 12.60% CAGR: Verified Market Research®

Retrieved on: 
Tuesday, November 7, 2023

JERSEY CITY, N.J., Nov. 7, 2023 /PRNewswire/ -- The Global Building Information Modelling (BIM) Market is projected to grow at a CAGR of 12.60 % from 2023 to 2030, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 6.08 Billion in 2022 and is expected to reach USD 17.69 Billion by the end of the forecast period.

Key Points: 
  • The " Global Building Information Modelling (BIM) Market Size By Application, By End-User, By Geographic Scope And Forecast " report has been published by Verified Market Research®.
  • The report provides an in-depth analysis of the global Building Information Modelling (BIM) Market, including its growth prospects, market trends, and market challenges.
  • To get market data, market insights, financial statements and a comprehensive analysis of the Global Building Information Modelling (BIM) Market, please Contact Verified Market Research® .
  • Based on the research, Verified Market Research® has segmented the global Building Information Modelling (BIM) Market into Application, End-User, And Geography.

EVgo’s Prefabricated Charging Infrastructure Deployment Model Expected to Cut Installation Timelines by 50% on Average

Retrieved on: 
Wednesday, November 1, 2023

Through prefabrication, all charging equipment—including dispensers, power cabinets and any additional necessary equipment—is assembled in a single base frame before being shipped to the fast charging site.

Key Points: 
  • Through prefabrication, all charging equipment—including dispensers, power cabinets and any additional necessary equipment—is assembled in a single base frame before being shipped to the fast charging site.
  • By using this process wherever possible, EVgo expects to accelerate timelines while ensuring consistent, high-quality assembly in a controlled environment.
  • This approach also allows EVgo to perform pre-commissioning at the fabrication facility, which is anticipated to further accelerate deployment timelines.
  • Innovations like this prefabrication model are critical to scale EVgo’s network and build the infrastructure needed to meet the growing demand for public charging,” said Dennis Kish, EVgo COO.

Mayville Engineering Company Announces Third Quarter 2023 Results

Retrieved on: 
Tuesday, October 31, 2023

Net sales to the construction & access market were $26.3 million in the third quarter 2023, a decrease of 2.3% versus the prior-year period.

Key Points: 
  • Net sales to the construction & access market were $26.3 million in the third quarter 2023, a decrease of 2.3% versus the prior-year period.
  • Net sales to the powersports market were $25.1 million in the third quarter of 2023, an increase of 7.7% versus the prior-year period.
  • Net sales to other end markets for the third quarter of 2023 were $23.5 million, an increase of 104.7% year-over-year.
  • During the third quarter 2023, the Company utilized free cash flow to repay $17.1 million of debt that it incurred in conjunction with the MSA acquisition.

Prefabricated Construction Manufacturer Module-T Provides Update: Warehouse Launch and US Distributorships by Year-End

Retrieved on: 
Thursday, October 19, 2023

After a decade and a half of pioneering modular construction and establishing large-scale container sites, Module-T has launched a new depot in Southern France. While this strategic initiative facilitates direct monobloc land shipments across Europe, the company plans to offer US distributorships by the year's end.

Key Points: 
  • New York, New York--(Newsfile Corp. - October 19, 2023) - Module-T, a leading prefabricated containers and portable cabins manufacturer that builds modular offices, accommodations, school containers, and large-scale prefabricated construction sites, has launched its first warehouse in southern France.
  • Prefabricated Construction Manufacturer Module-T Provides Update: Warehouse Launch and US Distributorships by Year-End
    To view an enhanced version of this graphic, please visit:
    Having expanded its operations to countries including Germany, England, Ireland, the Netherlands, Belgium, Greece, Malta, Iceland, and Finland, Module-T exports its multipurpose portable cabins -ranging from prefabricated offices to residences, schools, hospitals, changing rooms, WCs, canteens-to over 120 countries.
  • Our new warehouse in Southern France is the perfect location to help us deploy our preassembled shipments to Europe by road."
  • Highlighting their expertise in crafting construction site accommodations and modern modular buildings, Özdemir commented, "80% of our output is based around versatile containers and prefabricated buildings.

CIMC Group Builds Hong Kong's First Modular Legislative Office, Pioneering an Expansion Project with Modular Method

Retrieved on: 
Tuesday, October 24, 2023

SHENZHEN, China, Oct. 23, 2023 /PRNewswire/ -- On 12th October, CIMC Modular Building Systems Holding Co., Ltd ("CIMC MBS"), a subsidiary of CIMC Construction Technology under CIMC Group, held a delivery ceremony for the expansion project of the Hong Kong Legislative Council Complex.

Key Points: 
  • SHENZHEN, China, Oct. 23, 2023 /PRNewswire/ -- On 12th October, CIMC Modular Building Systems Holding Co., Ltd ("CIMC MBS"), a subsidiary of CIMC Construction Technology under CIMC Group, held a delivery ceremony for the expansion project of the Hong Kong Legislative Council Complex.
  • This project marks the first-time modular construction technology that has been applied for the expansion project in Hong Kong, overthrowing the traditional expansion methods.
  • Once completed, the project will become the first modular legislative office and the first high-end office project in Hong Kong.
  • It is also a significant milestone for CIMC MBS as it marks their first expansion project.

Prefabricated and Modular Construction Manufacturer Module-T to Expand Into Europe From the South of France

Retrieved on: 
Thursday, October 19, 2023

Module-T, a leading prefabricated container manufacturer that builds multipurpose portable cabins, has launched its first warehouse in southern France.

Key Points: 
  • Module-T, a leading prefabricated container manufacturer that builds multipurpose portable cabins, has launched its first warehouse in southern France.
  • The Turkish company aims to amplify its foothold in the French region and expedite monobloc road shipments throughout Europe through this venture.
  • View the full release here: https://www.businesswire.com/news/home/20231019853947/en/
    Prefabricated and modular construction manufacturer Module-T to expand into Europe from the South of France (Photo: Business Wire)
    Having expanded its operations to countries including Germany, France, England, the Netherlands, Ireland, Belgium, Greece, Malta and Iceland, Module-T exports its portable cabins—ranging from prefabricated offices to schools, hospitals, changing rooms, WCs, canteens, and residences—to over 120 countries.
  • These are prominently utilized on the construction sites of firms engaged in public infrastructure development, mining, and oil and gas.

Connect Homes Announces New Factory in Mesa, Arizona

Retrieved on: 
Thursday, October 19, 2023

LOS ANGELES, Oct. 19, 2023 /PRNewswire/ -- Connect Homes, an industry-leading prefab housing provider, is proud to announce it will be opening a new factory in Mesa, Arizona in Q1 2024. The factory will be the second facility in Connect Homes' portfolio and expand the company's footprint into the Mountain West to better serve and provide the region with modern, precisely engineered modular housing solutions.

Key Points: 
  • LOS ANGELES, Oct. 19, 2023 /PRNewswire/ -- Connect Homes , an industry-leading prefab housing provider, is proud to announce it will be opening a new factory in Mesa, Arizona in Q1 2024.
  • Connect Homes designs, manufactures, delivers, and installs beautiful single-family homes and other housing solutions across the U.S. Its patented steel-frame modular system makes it possible to build architect-designed homes, semi-custom homes, multi-unit communities, and shelters, faster and more affordably than traditional construction.
  • "Demand for attractive, affordable homes has never been higher," said Gordon Stott, co-founder and chief architect at Connect Homes.
  • Connect Homes is actively recruiting for new positions at the AZ Factory, for more information please visit, http://connect-homes.com /Careers.

Global Crane Market Projected to Reach $37.37 Billion, Fueled by Robust 5.24% CAGR Growth - ResearchAndMarkets.com

Retrieved on: 
Monday, October 16, 2023

The global crane market is on the brink of significant growth, with projections indicating that it will reach a staggering $37.37 billion, progressing at a robust Compound Annual Growth Rate (CAGR) of 5.24% during the forecast period.

Key Points: 
  • The global crane market is on the brink of significant growth, with projections indicating that it will reach a staggering $37.37 billion, progressing at a robust Compound Annual Growth Rate (CAGR) of 5.24% during the forecast period.
  • Mobile cranes are further segmented into all-terrain cranes, rough terrain cranes, crawler cranes, truck-mounted cranes, and other mobile cranes.
  • The global crane market spans across four major regions:
    Asia Pacific: The fastest-growing regional market, with a dominant position, is expected to lead the global market.
  • Rising Applications in Power Generation: The power generation sector utilizes cranes for installation, maintenance, and repair of equipment, boosting market growth.

Safe & Green Holdings Announces Collaboration With Impact Housing to Construct 3 Modular Comfort Homes for the Tunnel to Towers Foundation in Houston, Texas

Retrieved on: 
Wednesday, October 11, 2023

Safe & Green Holdings Corp. (NASDAQ: SGBX) (“SG Holdings” or the “Company”), a leading developer, designer, and fabricator of modular structures for residential, commercial, and point-of-care medicine, announces an agreement with Impact Housing to construct 3 modular Comfort Homes in Houston, Texas, for the Tunnel to Towers Foundation.

Key Points: 
  • Safe & Green Holdings Corp. (NASDAQ: SGBX) (“SG Holdings” or the “Company”), a leading developer, designer, and fabricator of modular structures for residential, commercial, and point-of-care medicine, announces an agreement with Impact Housing to construct 3 modular Comfort Homes in Houston, Texas, for the Tunnel to Towers Foundation.
  • Paul Galvin, Chairperson and CEO, stated, "We are honored to collaborate with Impact Housing and the Tunnel to Towers Foundation to build the Foundation’s inaugural three Comfort Homes.
  • Houston was selected by the Tunnel to Towers Foundation as the location for their first development community and these three units are the beginning of this development.
  • We look forward to building additional Comfort Homes for the Tunnel to Towers Foundation as they expand this commendable mission of combating veteran homelessness across the United States, while recognizing their invaluable service.

Airbus Chengdu Project Completed, Expected to Be Put into Operation in December

Retrieved on: 
Thursday, October 12, 2023

CHENGDU, China, Oct. 11, 2023 /PRNewswire/ -- Recently, the Airbus Aircraft Full-Lifecycle Service Project was completed in Shuangliu District, Chengdu City, Sichuan Province, China, and is expected to be put into operation in December.

Key Points: 
  • CHENGDU, China, Oct. 11, 2023 /PRNewswire/ -- Recently, the Airbus Aircraft Full-Lifecycle Service Project was completed in Shuangliu District, Chengdu City, Sichuan Province, China, and is expected to be put into operation in December.
  • This project has a total investment of 6 billion yuan, with a total construction area of 64,368 square meters.
  • The Airbus Aircraft Full-Lifecycle Service Project is the only aircraft recycling project operated by an aircraft manufacturer worldwide.
  • "The operation of the project will also mark the birth of a new IP for Shuangliu's aviation economy."