For instance, Modula’s modular techniques at Sir John Rogerson’s Quay cut on-site labour requirements by up to 60%, resulting in substantial time savings throughout the project.
A report by PWC stated that KYC costs now constitute approximately for 3% of a bank’s total operational cost base, which makes it a significant cost.
According to Construction Week, the permanent modular construction market in the GCC region grew from $2.9 billion in 2020 to $3.4 billion by 2023.
In January 2024 Japan also experienced a magnitude 7.6 earthquake which saw the collapse of more than 200 buildings collapsing and the partial collapsing of more than 2000 buildings.
According to recent report by SNS Insider, the global structural steel market is projected to reach USD 169.60 billion by 2032, growing at a CAGR of 4.95% from 2024 to 2032.
The global Aircraft Cabin Interior market is set for significant growth, projected to reach a value of $37.6 billion by 2033, expanding at a CAGR of 6.1%.
Pipelines play a vital role in a country’s urban and industrial infrastructure, carrying essential resources such as water, gas, chemicals and others across vast networks.
According to recent market research, the APAC Shared Services Helpdesk market is experiencing significant growth, with major contributors like India, China, Japan, and Australia showing high adoption rates, with projected CAGRs ranging from 24% to 27% across different countries within the region.
The projected growth of the Malaysian FM market is expected to reach approximately USD 16.00 billion by 2030, up from around USD 12.47 billion in 2025, demonstrating a CAGR of 5.11% during the forecast period and reflecting the urgent need for innovative FM strategies.
UAVs embody the convergence of two major military technology trends: precision weaponry and robotics, enabling remotely operated systems that eliminate pilot risk while delivering lethal payloads.
From the proliferation of unmanned aerial systems (UAS) to the threat of hypersonic missiles and stealth aircraft, nations must contend with a broader and more sophisticated range of aerial threats than ever before.
With an estimated 3.6 million new homes needed by 2035, averaging 300,000 units annually modular construction and prefabrication stand out as the most effective and efficient solutions to tackle Canada’s housing crisis.
The Canadian Architecture, Engineering, Construction, and Operations (AECO) industry is at a critical juncture in its Virtual Design and Construction (VDC) adoption.
The global mass timber construction market was valued at USD 1 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 8% from 2024 to 2033, reaching USD 2.15 billion by 2033.
As of 2024, approximately 40% of renter households in Toronto spend over 30% of their income on housing, exceeding the widely accepted affordability threshold.
Modern Methods of Construction (MMC)—including modular, prefabricated, and precast systems—are emerging as critical solutions, cutting onsite labour needs by up to 50% and reducing construction timelines by 30–50%.
In Brisbane, affordable housing remains a fundamental priority in urban planning, responding to the increasing demand for equitable and inclusive living in one of Australia’s fastest-growing cities.
The Architecture, Engineering, Construction, and Operations (AECO) industry in Brisbane and throughout Queensland is undergoing a pivotal digital shift, marked by the increasing adoption of Virtual Design and Construction (VDC).