Published on August 21st, 2020 | by Sunit Nandi

What Does the Future Hold for the Construction Industry

The only constant in life is changing, and it applies to almost every aspect of our lives. It also applies to the future of construction.

Many experts from the construction industry believe that this industry has been a bit slow when it comes to embracing change. However, as things move on and as demand proliferates, the industry will be forced to embrace change failing, which there is a real risk of many housing companies and firms going down under.

However, the construction has woken up to this imminent danger, and it has started taking steps. We will have a brief look at the reasons as to why the future of the construction industry looks bright.

Yes, it is brilliant because the industry has started understanding the need to bring in new technologies. Whether it is road flare or the actual construction in the industry, technology will be the mover and shaker. We are happy to list down some of the significant changes that are expected in this industry over the next few years and decades.

The IoT Will Bring In More Efficiency

IoT will perhaps be one of the biggest and most positive changes that will happen to the construction industry.

For long, the construction industry has been accused of being inefficiency. There have been many instances of delay, cost overruns, and other forms of carelessness. All these could come down quite significantly when IoT is used regularly in the years to come.

In fact, many construction managers and the workers on the crowd have started learning more about it on a daily basis. IoT could come in very handy for remote monitoring of equipment and also for other purposes. Drones are also a part of IoT and could help in the dropping of tools, and even for photographing and other purposes.

It also could be useful for improving the overall safety of the workers and other stakeholders. It could also help hasten things up and prevent avoidable delays. All these could also go a long way in increasing the overall profitability across the entire construction industry spectrum.

Use of 3D Printing

3D Printers come in handy when there is a need to reduce building costs and also avoid time overruns. Yes, there is no doubt that 3D Printers are expensive. But as volumes pick up and the scale of economies start having its impact, it will not be long before 3D Printers become much cheaper.

We all remember how expensive the internet was or how unaffordable the first computer or mobile phones were. The advantages of these 3D printers far outweigh the price factor.

They are capable of printing permanent materials, and this eventually will come in very handy for timely and efficient completion of the various construction projects. The loss that happens because of time overruns will be much higher than the cost one has to incur in putting in place 3D printing technology.

They are capable of making full-scale models and this is just the beginning. According to experts, the opportunities are endless, and it will become a necessity as far as the future of the construction industry is concerned.

Use of GPS and Laser Tools

The construction industry for long has been using primitive methods and tools. However, the days of rulers or leveling bubble may soon be a thing of the past if a new technology comes into the construction industry.

The day is not far off when we will see the use of laser tools and GPS systems. All these will go a long way in ensuring 100% precision. These GPS devices and other tools also make surveying of a construction site accurate, efficient, and less time-consuming.

They will help to rule out human error, and this could also lead to a big jump in safety standards. Human mistakes at the foundation stage could be quite costly in terms of the building’s stability and safety.

The Fascinating World of Virtual Reality

The scope and opportunities of VR in the construction industry are enormous. There is a significant new world of Virtual Reality Equipment, and they will set the future as far as the construction industry is concerned. It will be a great feeling if we are able to see the completed projects using VR before even the first foundation stone has been laid on the site.

Conclusion

There is no doubt that technology in the construction industry is all set to give a new direction and push to this industry, and this certainly is overdue.

Tags: construction industry, future, hold

About the Author

Sunit Nandi I'm the leader of Techno FAQ. Also an engineering college student with immense interest in science and technology. Other interests include literature, coin collecting, gardening and photography. Always wish to live life like there's no tomorrow.