Trends In The Construction Industry

There are numerous changes taking place in the construction industry and new trends are emerging every other year ranging from technological advancement to more focused sustainability.
March 26, 2019

There are numerous changes taking place in the construction industry and new trends are emerging every other year ranging from technological advancements to more focused sustainability initiatives. If you own a construction company and want to ensure that you remain on top, then you need to familiarize yourself with these emerging construction trends that will get you ready for the future.

These construction trends are meant to make construction work easier and efficient. Therefore, if you are not familiar with them, it might be hard for you to outshine your competitors.

Below are some major construction trends that will have a significant impact on the construction industry in the coming year:

1. More Technological Integration

Innovation is one of the factors creating changes in almost every industry, but, the construction industry has in a way managed to avoid this (partially). However, some recent advancements have brought about technology that is suitable for construction; Drones and 3D printing are now more prevalent than before and there is a possibility that these two will soon be embraced in the construction industry.

Drones can be utilized to make sure that materials are perfectly put in place while the 3D technology can be used to ensure that the materials are of the desired sizes.

Another technology that can be expected in this industry is Building Information Modeling (BIM) that will enhance the collaboration aspect. Numerous companies are already using BIM since it has numerous advantages. For example, it keeps individuals connected throughout the project, and also enable enhanced cooperation.

2. Rise in Prefabrication As Well As Modular Construction Projects

These trends are cost-effective and also energy-efficient, explaining why they have been so popular in the previous year. They are expected to be more popular in the near future, especially for a company that wants to keep the overall cost down.

3. More Focus On Sustainability

Most individuals are more focused on sustainability and so do the most successful companies today. This is a terrific approach to appeal to the Millennials and it is much better for the whole world. This explains why numerous construction companies will strongly focus more on sustainability. Managers are more likely to look for products and materials that have ecological benefits. For instance, living walls that can provide an area with fresh air.

4. Enhanced Safety Procedures

It is needless to say that construction jobs are generally riskier compared to office-based professions. There are more injuries sustained and fatalities encountered while working in this industry and this has called for an increase in the level of scrutiny in the industry. The scrutiny has led to the emergence of new technology meant to make construction sites safer. New mobile applications and PC programs are making it easier for the workers to observe the safety precautions while at work.

5. Project Management Software Getting More Popular

Numerous industries are now finding it convenient to make use of the project management software and the construction industry has not been left behind. The software has been updated over the past years and currently, there is a software specialized to perform different tasks, from designing a building to managing a construction site.

This software offers the construction company various benefits such as transparency, efficiency, and accountability. Since many individuals will be using this particular software, it will be very easy for them to comprehend their role, and this can help to make construction sites much safer.

The current project management software gives real-time communication, project overview, and trackability. This might lead to increased IT expenditures with the construction industry.

6. Slow Growth

The demands for construction will most likely continue to grow, however, it will not do so with the pace that most individuals expect. This is as a result of the minimal spending in residential and non-residential sectors which is an apparent reason for increasing competition.

7. Increased Cost Of Materials

As with previous years, the cost of the materials is expected to rise. As a result of the increase in the cost of labor and supplies, numerous companies in the construction industry have been compelled to spend more so as to keep the company on top. This same trend is expected to continue and this is why companies are trying to lower the overall costs by embracing new technology that makes work more efficient.

These modern technologies are meant to make the construction world safer, efficient and effective as this can help to reduce the overall costs.

8. Decreased Labor Force

Another trend that will continue is the decreased labor force in the construction industry. As the total number of productions in the industry continue to rise, fewer projects have been accomplished because of the dipping number of workers.

9. Green Construction

As the industry begins to adopt more progressive and greener production methods, the trend of environment-friendly construction will only get more popular. From planning to design, construction, maintenance to demolition, green roof construction will only advance the industry’s efforts to create more sustainable ways of building structures.

10. Building Information Modeling (BIM)

Building Information Modeling, or BIM, is one of the industry trends that will carry over into the near future. The tool is a process of imagining and managing simulational renders of the projects before they are even approved for construction. Proving to be popular among architects and engineers, BIM also gives an analysis of how building materials will hold up overtime.

The construction industry is ever-evolving in size and scope. As a result, it is also growing fast at a rapid pace as the world’s largest companies and businesses continue to expand and convert a vast number of spaces into structural creations. As numerous construction methods and technologies are made and discovered, it is crucial for construction companies to always stay on top of the latest trends and advancements.

Read more about construction: What are the Major Types of Construction

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