As an experienced construction professional, you know the industry is constantly changing and evolving. As clients continue to demand more from their builders, construction businesses must focus on innovation to remain competitive.
As 2023 approaches rapidly, it’s imperative to be aware of the trends that will impact your business and the future of construction.
Increased Digitization and Technology Usage
The industry has experienced a significant increase in technology implementation over the past several years. This trend should continue into 2023 and beyond. Specific areas of impact include:
- Artificial intelligence (AI): Construction entities implement AI to increase efficiencies in many areas of their operations, such as replicating various decision-making and problem-solving activities to meet project deadlines and reduce costs.
- Internet of Things (IoT): As more devices come online, construction companies receive more functionality but must ramp up their IT security efforts to thwart hackers.
- Augmented reality (AR): Builders and architects will continue to use AR for enhanced collaboration capabilities when sharing blueprints and project specifications.
A focus on sustainability and implementing eco-friendly business practices impacts most industries today, including construction. Office, retail and industrial builders must find ways to reduce their carbon footprint and become better stewards of the environment.
Retailers design and construct stores that comply with state and local environmental standards. Commercial real estate professionals are aware of this trend and are enhancing their efforts to find compatible locations for their retail clients.
Industrial and distribution operations are also following the sustainability trend by using recyclable building materials where possible, constructing net-zero energy and climate-ready buildings, utilizing distributed energy systems and installing cool roofs.
Energy derived from naturally replenished sources like the sun and wind continues to become more widespread. The future of construction will see even more of these technologies incorporated into building designs.
Construction equipment is also leaning toward alternative power solutions, such as electric instead of gas.
While automated equipment is now commonplace in the manufacturing industry, you can expect to see more of it in construction as well. By 2023, the use of robots in the industry is expected to double the amount found in 2018.
Contact Gidel & Kocal for Your Next Bay Area Project
As a construction industry leader and innovator in the San Francisco Bay Area and North and Central California, Gidel & Kocal Construction Company, Inc. stays on pace with the trends that affect your business. Contact our team for your next project.