Following a turbulent year, the building and construction industry will expand and innovate in 2023.
Customers’ increased expectations and need for more alternatives from the builders will give birth to a more competitive market. Watch out for these 4 innovations in the building and construction industry in 2023:
Modular construction will become the preferred technique for building infrastructure. It is where a building is constructed off-site and assembled on-site. This encourages faster building and construction times and greener practices.
The same regulations that apply to traditionally constructed structures also apply to modular buildings. Modular design is still appealing to contractors and their clients since it can reduce building time by half.
With this design approach, there is no chance of weather-related delays because work is done in controlled factory settings rather than on-site. Additionally, since on-site work and modular office construction may both be done at the same time, there is no waiting for other teams to finish their assignments.
The modular building and construction method also produces less trash. Building workers may manage inventories and recycle old materials.
Sustainability will be the name of the game for the building and construction industry in 2023.
One of the current hot-button problems is climate change, and the building sector contributes significantly to fossil fuel emissions, as stated above.
The building and construction sector is making significant efforts to lessen its environmental impact as global awareness of the severity of climate change grows. In fact, The Australian government, in collaboration with the Clean Energy Finance Corporation (CEFC), announced the Timber Building Program in February 2022 to encourage the use of mass timber as a greener alternative to traditional building materials.
In comparison to steel and concrete, the use of mass timber lowers carbon dioxide (CO2) emissions by up to 75%.
By investing in environmentally friendly construction and building materials and processes, experts in the construction business stand to earn significantly.
Almost every facet of the building and construction industry is influenced by technology. No wonder Building Information Modeling (BIM) technology is growing in popularity today.
Before construction even commences, BIM reimagines the design and manufacturing process, creating a virtual architectural model. BIM saves a significant amount of time and money for everyone involved in the project.
There are 50% more job vacancies in the building and construction industry today than there were in 2014.
However, only 14% more people are employed in the sector.
We are seeing businesses increasing their efforts to integrate high-tech tools and automation into their processes to finish projects without having to hire large personnel.
If you have a commercial or industrial project you’d like to discuss, just call 0403 464 064 for a free quote or contact us here.