Prefabricated modular steel structures are big business – the industry is set to be worth $381.8 billion (more than £290 billion) by 2032!
The growth of prefabricated modular steel structures is driven by a wide range of benefits for a wide range of industries, including their flexibility, durability and speed of construction. However, one of the biggest reasons they stand out is their cost-effectiveness, making them an ideal solution for cost-conscious businesses. In this blog, we’ll look at five key reasons why prefabricated steel buildings are good value and a smart investment.
What is a Prefabricated Modular Steel Structure?
A prefabricated steel structure, also known as a modular steel building, is a building that is manufactured off-site in a factory.
The components, including frames, columns and beams, are made using steel and then transported to the building site, where they are assembled. Modular construction means they can be built faster, with higher levels of precision and lower labour costs, as much of the work is completed before reaching the site.
Prefabricated steel structures can be used across a wide range of industries, including storage facilities, workshops, agricultural buildings and even retail spaces.
1. Lower Material Costs
One of the main reasons that prefabricated modular steel structures are cost-effective is the lower material costs. Steel is a strong, durable material that can be manufactured efficiently in bulk, reducing costs compared to other building materials like brick, wood or concrete. Steel’s recyclable nature also makes it more cost-effective, as scrap steel can be repurposed, reducing waste and costs. The lightweight nature of steel also means that the building needs fewer extensive foundations and support, further saving on material costs.
2. Faster Construction Time
Prefabricated steel buildings can be erected much faster than traditional buildings. The on-site construction process is incredibly efficient and streamlined since the components are manufactured off-site and delivered ready to assemble. A quicker build also means lower labour costs.
Faster completion also translates into earlier building use, which can be crucial for businesses looking to start operations quickly or reduce downtime during expansion projects. This time savings is a key factor in making prefabricated steel buildings cost-effective.
3. Reduced Labour Expenses
With prefabricated steel structures, much of the work is done in a factory, where assembly is more efficient and labour costs are lower. On-site labour is required primarily for assembling the pre-made components, which takes far less time and manpower than constructing a building from scratch using traditional materials.
This reduction in required labour lowers direct labour costs, site visit costs and costs associated with potential delays, overtime pay, and site management. Fewer workers on-site also means fewer risks, reducing the need for expensive insurance coverage during construction.
4. Energy Efficiency
Prefabricated steel buildings are often more energy-efficient than traditional buildings. Steel’s reflective properties help regulate temperatures, especially in hot climates, reducing the need for air conditioning. In colder environments, modern insulation techniques used in modular steel buildings help maintain internal temperatures, reducing the need for constant heating.
Lower energy costs can result in significant savings for the building’s occupants over time, making these structures a wise long-term investment. Many modular steel buildings are also designed to incorporate solar panels or other renewable energy technologies, further driving down operating costs.
Big Box can also help you navigate and plan for UK building regulations. From planning consent to retrospective consent, we’ll make the whole process stress-free thanks to our 100% building and planning success rate.
5. Low Maintenance and Long-Term Durability
Steel is an extremely durable material, resistant to many common issues plaguing traditional building materials, such as rot, pests, and fire. This resilience reduces the need for ongoing maintenance and repairs, helping businesses save money over the lifespan of the building. Prefabricated modular steel structures can also withstand harsh weather conditions, including heavy snow, strong winds, and earthquakes, making them a safe and cost-effective option for businesses in various climates.
The longevity of steel means that prefabricated buildings often have a longer lifespan than traditional structures, offering better value over time. In the rare case that repairs are needed, modular designs allow for easy access to replace specific components without disrupting the entire structure.
Conclusion
Prefabricated modular steel structures provide a range of financial benefits that make them a cost-effective choice for many businesses. Lower material costs, faster construction times, reduced labour expenses, energy efficiency, and long-term durability all contribute to significant savings. For any business looking to expand or build new facilities, choosing prefabricated steel buildings can be a wise, budget-friendly investment that delivers lasting value.
Get in touch today to find out how we can help with your prefabricated modular steel structure.
