The Future of Humanless Construction: Rising Cost of Labor vs. Falling Price of Robots
Dublin, Dec. 10, 2021 (GLOBE NEWSWIRE) — The “Trend Opportunity Profiles – Future of Humanless Construction” report has been added to ResearchAndMarkets.com’s offering.
Developers are increasingly investing in digital tools like robotics and automation to improve productivity. 3D printing and other new technologies will lead to rapid advancements in prefabrication and modularization. These advancements, in turn, will improve productivity and reduce overreliance on on-site processes.
With a rapidly aging workforce, the construction industry is also expected to face an acute skills shortage over the next decade. For instance, in North America, 1 in 5 workers will reach retirement age by 2030. In addition, the construction industry accounts for 25% of all fatalities globally – the highest among all industries.
As developers strive to achieve zero-accident work sites, investments in automation and robotics technologies will open up new applications that are not accessible or feasible to humans.
Around 60% of the global population is expected to dwell in urban areas by 2030. The role of buildings as an integral part of the surrounding environment will also evolve through the long term. Building automation system vendors that currently focus on disparate solutions such as smart security and smart climate control, will need to expand their horizons to include automation solutions for the entire lifecycle of the building. In future, autonomous buildings will interact with the smart city infrastructure and city networks in real time.
The convergence of transformational Mega Trends shaping the industry, including prefabrication, 3D printing, digital upskilling, robotics, and autonomous systems will result in new growth opportunities. These include an online modular building configurator, remote construction monitoring, and smart autonomous buildings.
Key Issues Covered:
What are the key factors or indicators driving this market?
What is the scope for innovation and commercialization in this space over the next decade?
What are the key growth opportunities to watch out for in the next decade?
What are the critical success factors for growth for market players seeking to enter this space?
Key Topics Covered:
Strategic Context
Six Key Performance Indicators for Project Success
Rising Cost of Labor vs. Falling Price of Robots
Automation and the Cost of Worker Safety
Future Vision of a Humanless Construction Site
Three Levels of Construction Autonomy
Key Trend Opportunity Levers
Challenges Facing the Adoption of Automation & Robotics
Trend Opportunity Analysis
Trend Opportunity Overview
Off-site Prefabrication – Component and Modular Prefab
Off-site Prefabrication – 3D Printing
On-site Automation and Robotics – Task-specific Robots
Drones and Autonomous Vehicles
Building Automation Evolution
Building Automation – Smart Building Controls
Building Automation – Autonomous Buildings
Trend Impact Analysis
Trend Opportunity – Regional Exposure
Trend Opportunity Impact and Certainty Analysis
Trend Opportunity Matrix – Trend Innovation Index
Innovation Attractiveness Score
Trend Opportunity Matrix – Trend Growth Index
Growth Attractiveness Score
Trends – Beets Implications
Future Visioning Scenarios
Four Future Scenarios
Scenario 1 – Business as Usual
Scenario 2 – Digital Augmentation
Scenario 3 – Zero-human Automation
Scenario 4 – Whole Lifecycle Automation
Growth Opportunity Analysis
Online Modular Building Configurator
Remote Construction Monitoring
Smart Autonomous Buildings
For more information about this report visit https://www.researchandmarkets.com/r/ybc8yr
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Developers are increasingly investing in digital tools like robotics and automation to improve productivity. 3D printing and other new technologies will lead to rapid advancements in prefabrication and modularization. These advancements, in turn, will improve productivity and reduce overreliance on on-site processes.
With a rapidly aging workforce, the construction industry is also expected to face an acute skills shortage over the next decade. For instance, in North America, 1 in 5 workers will reach retirement age by 2030. In addition, the construction industry accounts for 25% of all fatalities globally – the highest among all industries.
As developers strive to achieve zero-accident work sites, investments in automation and robotics technologies will open up new applications that are not accessible or feasible to humans.
Around 60% of the global population is expected to dwell in urban areas by 2030. The role of buildings as an integral part of the surrounding environment will also evolve through the long term. Building automation system vendors that currently focus on disparate solutions such as smart security and smart climate control, will need to expand their horizons to include automation solutions for the entire lifecycle of the building. In future, autonomous buildings will interact with the smart city infrastructure and city networks in real time.
The convergence of transformational Mega Trends shaping the industry, including prefabrication, 3D printing, digital upskilling, robotics, and autonomous systems will result in new growth opportunities. These include an online modular building configurator, remote construction monitoring, and smart autonomous buildings.
Key Issues Covered:
What are the key factors or indicators driving this market?
What is the scope for innovation and commercialization in this space over the next decade?
What are the key growth opportunities to watch out for in the next decade?
What are the critical success factors for growth for market players seeking to enter this space?
Key Topics Covered:
Strategic Context
Six Key Performance Indicators for Project Success
Rising Cost of Labor vs. Falling Price of Robots
Automation and the Cost of Worker Safety
Future Vision of a Humanless Construction Site
Three Levels of Construction Autonomy
Key Trend Opportunity Levers
Challenges Facing the Adoption of Automation & Robotics
Trend Opportunity Analysis
Trend Opportunity Overview
Off-site Prefabrication – Component and Modular Prefab
Off-site Prefabrication – 3D Printing
On-site Automation and Robotics – Task-specific Robots
Drones and Autonomous Vehicles
Building Automation Evolution
Building Automation – Smart Building Controls
Building Automation – Autonomous Buildings
Trend Impact Analysis
Trend Opportunity – Regional Exposure
Trend Opportunity Impact and Certainty Analysis
Trend Opportunity Matrix – Trend Innovation Index
Innovation Attractiveness Score
Trend Opportunity Matrix – Trend Growth Index
Growth Attractiveness Score
Trends – Beets Implications
Future Visioning Scenarios
Four Future Scenarios
Scenario 1 – Business as Usual
Scenario 2 – Digital Augmentation
Scenario 3 – Zero-human Automation
Scenario 4 – Whole Lifecycle Automation
Growth Opportunity Analysis
Online Modular Building Configurator
Remote Construction Monitoring
Smart Autonomous Buildings
For more information about this report visit https://www.researchandmarkets.com/r/ybc8yr
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
www.globenewswire.com
