Like most industries, the construction sector experienced a hurricane of changes in 2020. Real estate agents witnessed an increase in demand for single-family and multifamily homes and watched as the housing market experienced shortages. Construction leaders observed commercial priorities shift from the hospitality sector toward data centers and medical buildings. Demand was surprising, and building material costs increased tremendously as a result. The solution to dealing with these emergencies was an increase in modular construction. This process has benefited from the development of new technologies, such as Artificial Intelligence (AI), BIM, and 3D printing.
When considering 3D printing technology, it can develop structural components utilizingminimal raw materials than traditional shaping techniques, modular construction offers up aneasy solution adapted to recent environmental standards. Industriesfrom packaged food to retail are adopting artificial intelligence, allowing machines forecast, self-learn, deliver and even fabricate products that meet consumer preferences. Given the multiple variables engaged in a construction project, and seemingly unique circumstances faced by project managers every single time,
AI can in theory allow for a superior and more robust decision-making process. This speedy method reduces waste while meeting needs faster than traditional builds. In short, using this system would help the housing market grow at an exponential rate while remaining relatively inexpensive for real estate developers. This rationalized process keeps operations running expeditiously, keeping costs low.
All in all, modular construction methods are the answer to many of these changing trends. Business professionals and construction leaders should look forward to witness these processes increasing in popularity as they bridge the construction gap to meet demands. The ability to customize the structure while keeping the process green, under budget, on schedule and consistent will draw a lot of support.
To gain the advantages of such technological advancements has compelled organizations to adopt modular construction solutions and services. This edition of Construction Tech Review has compiled a list of leading modular construction solution and service players to help companies navigate the best-of-breed service and solution providers. The enlisted organizations are transforming processes and services at the convergence of several disruptive technologies
