The construction industry was on a downward slope after the economic recession; however it was predicted to grow from US dollar 7.4 trillion in 2010 to US dollar 10.3 trillion in 2020. Further, Turner and Townsend, a well-known UK consulting firm has found out that Gross Domestic Product or GDP growth in the industry of global construction, can be forecasted to expand by 3.6% in 2018. Due to the recovery of the economy, but not only due to that, the construction arena looks hopeful, to say the least.
Technological advancements been applied
As is the case in many other industries technological advancements have made changes in a lot of aspects in the construction industry as well. If you check the internet you will see even bridges being made via 3D Technology. Whilst that is neither a very profitable venture nor a sustainable one at times because, 3D printing uses a lot of polyethylene bases that is not the end of digital application in the construction industry. Project management software for example has taken up planning to a larger extent. No longer do people draw by hand in order to make a building plan. Robots are increasingly being used to do repetitive actions such as laying asphalt Brisbane. Virtual Reality and Augmented Reality, VR and AR, as can be expected, is used more and more in construction industry to portray a finished product and have a real feeling about it rather than seeing it in a drawing or a computer printout.
Reading about the digital and technological advancements being applied to the construction industry, one might think that humans must be moving away and away from this; that there are no longer any space for them to work. However it is not true. Instead of the demand for the physical labour force, though, the need for more and more knowledge workers are increasing. As it is clear that more housing is needed for the growing population, better will be the scientific and high-tech applications. Although a computer can give an output, someone must be there to input the required stuff. Therefore, the request for skilled professionals is increasing rather than the opposite.
Modular and green construction
Modular construction is building the whole unit of a house, outside and delivering it to the site without any harm to its quality. For this, a lot of data is required and data mining could be another trend triggered by it, too. However modular houses reduce the cost and moves a staggering 80% of work, off site, reducing disruption and noise and saving space at the construction site. It will make it easier and quicker for other workers such as asphalt repairs Gold Coast to lay the roads and pavements as well. On the other hand, the demand for green housing- reduction of wastage, buying more disposable goods, increase in collaborative consumption etc. – all has led to a new trend setting and influencing within the world. In this fast paced world it is no wonder everything is changing so quickly. However construction is something we relate to snail phase. But now it is seen how that feeling also can be changed.