While 2018 is just beginning, there are a few significant construction industry procedures that we can expect to see. Therefore, we decided to put together an article outlining what to expect this year in the construction industry!
Technology advancements and integrations
With mobile and cloud applications, technology will only continue to grow in 2018. Something big to look out for is 3D printing, drone usage, and augmented reality. This type of technology is changing the entire industry as we know it by allowing us to see projects before building. This technology offers the ability for virtual construction site tours.
Increase in modular and prefabrication construction projects
In 2017, modular and prefabrication construction has become an increasingly popular trend due to its cost-effectiveness and energy efficiency. Modular and prefabrication will continue to be an attractive option since the prices of materials are expected to stay high throughout 2018. Expect to see a lot more pop-ups and permanent modular buildings this upcoming year!
Better safety procedures
In 2018, expect to see a continued focus on implementing better safety procedures. With new technology and safety mobile apps, construction companies have more resources than ever before to ensure a safer work environment. Safety technology is expected to improve in the upcoming year continually.
While construction demand is expected to continue to grow, it will be slower than originally predicted. This will be especially true for the beginning months of 2018. While there will be a few dips, the industry should still see growth through both residential and non-residential sectors. This also means competition will increase.
Increased importance of sustainability
Environmental sustainability has become a topic of discussion in the last few years and is expected to remain a trend throughout the industry as well as an emphasis on the financial benefits. Sustainable construction may involve material performance, landscaping, and technical contexts.
Increasing material costs
There was a steady increase in the price of materials throughout 2017 and it is predicted to continue increasing throughout 2018. Construction companies need to start thinking about saving costs in other areas if they want to stay competitive. One way that companies can ensure they are getting the most out of their budget is by new construction technologies. For example, new mobile applications help keep better track of employee work patterns and construction material.