In 2017, the construction industry witnessed an all-time high and is anticipated to be even stronger in 2018, and we have already started to get the feeler. Dodge data & analytics have reported that the industry will rise and expand their staffs and even enhance the usage of raw materials like marble, granite and stones for maintaining a healthy reputation.
Here are the top 3 commercial construction trends worth keeping an eye on in 2018:
1. Continued Labor Shortages
A recession leading to labor shortages is likely to stay in the industry in 2018 as firms struggle to maintain a balance between the skilled workers they employ and their spending. In 2017, the construction industry created about 210,000 jobs and a recent reduction in corporate tax rates is forecasted to develop better training programs to employ more workers to the industry and also by increasing wages to attract them.
2. Offsite Construction
A few years ago hiking interest rates were like an open warning, but now it has become less risky as there are renewed interest rates. For most clients, the big draw of offsite construction is the condensed construction schedule. Building in a controlled environment means there will be no delays due to changing weather conditions and there is a much safer environment for workers since it eliminates many hazards existing in traditional construction sites.
Although technological proliferation has been slow in the construction industry, it is already solving some major problems like safety, productivity, and labor shortages.
• They are using equipment which is autonomous, for earthmoving and site work operations.
• Robots are handling monotonous, repetitive tasks like laying bricks and tying rebar.
• Building Information Modeling (BIM) and other construction software are being integrated with virtual and augmented reality to help visualize projects, perform clash detections before construction, increase productivity and improve communication and collaboration.
• VR simulators are also being used to train construction workers on heavy equipment.
• Wearables for monitoring workers to keep them safe as well as track movement to improve productivity is another tech-friendly trend to keep an eye on in 2018.