Over the past couple of decades, there are a lot of industries that are adopting new technologies,
automation, and digital tools to make operations more efficient and sustainable. The same goes for
the construction industry. The use of technology started leveraging the construction industry. But in
the wake of COVID-19, the sector underwent a massive downswing. However, soon after, the
industry gained momentum and the construction companies got back on track. Furthermore,
RationalStat predicted that the construction industry’s growth is expected to rise in the coming
years. As the construction industry adapts, construction companies are looking for new technologies
to better optimize their internal processes, boost efficiency and productivity, and better align their
Read on to learn more about the future trends in the construction industry:
- Building Information Modeling (BIM)
Planning, designing, and building is a collaborative process that requires inputs from various
stakeholders like clients, architects, builders, etc.
In combination with the technologies AR, VR, and IoT, building information modeling is a
collaborative process that helps construction professionals plan, design, construct and visualize realtime changes in a physical building or structure in a 3D model. It generates a virtual model of a
physical building or structure. BIM technology enhances the efficiency and productivity of
- Construction Management Software
With an aim to make construction business processes easier, companies are using construction
management software, a project management tool that offers various benefits, like streamlining the
processes that used to be done manually which include communication, decision-making, and job
scheduling, among others. Comprehensive construction management software helps contractors,
home builders, and architects manage ongoing projects.
According to a report by RationalStat, the global construction management software market is
expected to grow at a rate of more than 15% during 2022-2028. This means the market is
experiencing healthy competition and correspondingly, the software providers are facing challenges
as the requirements from the users are getting more stringent. Now the best provider is the one
who can fully meet the needs of different types of construction projects of any size and complexity.
- Construction Robotics and Automation
The construction industry is one of the most labor-intensive industries. However, there are various
time-consuming tasks that can be easily performed by robotics and automation. Another benefit of
using robots in the construction industry is that it reduces human error and fatigue. Robots can
perform welding, painting, rebar tying, and many such tasks that include repetition or are time
consuming with great precision. Construction firms are adapting the use of robots to complete
various on-site and off-site.
- Construction Drones
Drone technology is gaining traction in the construction industry and many construction sites are
heavily relying on drones. There are various areas within the construction site that requires regular
monitoring and are also beyond the reach of humans. This is where drone technology comes into
play that streamlines the monitoring process. Apart from monitoring, drones are used for mapping
large areas over long distances that produce thermal images and heat maps. The Drone software
provides real-time, actionable data that can be used for decision-making. Companies are leveraging
the use of drones to replace humans who perform high-risk tasks like scaling tall buildings to reduce
- 3D Printing
The construction 3D printing technology is growing massively and will continue to grow over the
years. 3D printing can reduce waste, print customized designs, require fewer labor, eliminate human
error, increase productivity and have a faster turnaround time which makes it a prominent trend
within the construction industry.
Construction printers can print either prefabricated building components or an entire building. Using
3D printing to build houses can save time and money. This technology will make buying a house
more affordable for everyone.
- Green Building
As the global focus is turning toward the environment, many construction companies are looking for
sustainable solutions. As it is expensive and time-consuming to identify sustainable processes or
materials, green building is a trending concept that is adopting environment-friendly measures like
reducing waste during construction, optimizing energy & resource utilization, and enabling buildings
to achieve zero carbon emissions. Green buildings are structures that use environment-friendly
processes throughout a building’s life cycle, from planning design, construction, operation,
maintenance, and deconstruction.
- Augmented Reality (AR)
With the help of Augmented Reality, one can alter reality by adding or overlaying virtual
information. In construction, AR technology can provide feedback on real-time progress, which
means, it can give construction workers a visual representation of future projects in their
surrounding environment. It helps in reducing on-site errors.
AR and VR both are proven technologies which could help in fostering coordination between
designers, construction workers, and consultants. It can also be used to discuss the project with
clients. For instance, if you have a vacant site, you can use AR-equipped smart device to overlay the
completed project on the empty site so that the client can visualize the final structure.
The construction industry trends are shaping the future of the global market. The increased prices
and demand for construction workers will continue to increase in the coming years. But by adopting
new technologies and investing in new projects, builders can reduce risk, win more contracts, and
can enjoy profitability. These trends can significantly improve efficiency, reduce risk, ensure the
safety of workers, and implement sustainable practices.
The Article is written and Published by RationalStat. For any Query Mail Rationalstat on firstname.lastname@example.org. About Rationalstat RationalStat is a full-service global market intelligence and strategy consulting firm with around 10 years of industry experience. RationalStat is uniquely positioned to offer in-depth insight and recommendations to varied clientele of medium and large-sized corporations. We provide cost-effective, accurate, and insightful business intelligence to our clients within tight timeframes. In our 10 years of experience, we have catered to broad range of clientele by offering them a host of comprehensive market research reports, industry trackers, macroeconomic research, and subscription services, covering hundreds of industries. Request a demo to know how our pioneering services can add value to your organization.