Construction in 2020 was subjected to a massive level of interruption but still, stakeholders proved their resilience in the face of COVID-19’s lockdowns, delays, and limits by adjusting to the obstacles and altering requirements. When you examine these challenges, it’s amazing what construction crews were able to achieve and how quickly they adjusted in the face of adversity. Here are 10 ways the sector can innovate more in 2021 and the technologies it can incorporate.
1. Increasing Digital Twin Adoption
To avoid costly rework and errors, digital twins are used to guide the pre – construction and design phase. In 2016, the technology had a limited market share, accounting for about 20% of the market. According to Juniper Research, this number increased to 57 percent in 2018. With the continuation of COVID-19 well into 2021, digital twin usage is anticipated to increase by around 17%.
2. Growth in Digital Construction
Due to the worldwide pandemic, interest in digital construction methods such as CAD, BIM, and VDC has increased. According to a McKinsey research, digital construction may help the sector emerge from a four-year economic recession marked by growing costs and labour scarcity. According to several polls and publications, the value of the digital construction sector will increase to $8.8 billion by 2025.
Sparked by the global pandemic situation, BIM will now be used in every major project by 2021 and beyond. In addition to remote benefits, BIM offers contractors with a way to coordinate the entire construction lifecycle.
3. AR and VR can have more serious use in Construction
Many stakeholders are concerned about the technology’s price, hardware, and connection, according to a GlobalData poll. While there is a lot of promise, mainstream acceptance is prone to take some time. Construction will probably explore AR more actively in 2021 as sites grow into linked IoT ecosystems and the market economy pushes gear costs down.
4. More use of Data Analytics Software on Worksite
According to FMI study, the sector loses $177.5 billion per year due to the knowledge gap between capturing and analyzing worksite data. As the use of remote operations grows in the construction sector, so will the use of pre-construction and construction execution software. FMI has developed a technology to assist employees on remote work sites in tracking their performance.
5. Experimentation with Robotics to Alleviate Labor Shortage
Building companies are faced with greater difficulties than ever before, such as fewer construction starts, forced closings, and virus threats. To relieve some of the burden on construction workers, robotics will most likely begin by supplementing minor and routine jobs. According to a McKinsey report, higher autonomy and productivity from automation can add a huge $1.6 trillion to the construction industry world wide.
6. Blockchain Innovation as a result of disruptions in Supply Chains.
The COVID-19 issue resulted in material shortages, causing supply chains that had previously been reliable to be disrupted at a huge extent. At least one sort of material shortage is presently affecting 71 percent of the total contractors in the US alone, according to US Construction Chamber of Commerce. Contractors will most likely expand their supplier chains and place a premium on reliability and client satisfaction. According to Deloitte, this could lead to stakeholders using blockchain technology to manage their supply chains.