Bolster Blog

Top 8 construction industry trends to watch out for in 2023

Written by Bolster | Nov 7, 2022 7:00:00 AM

The construction industry is constantly evolving. New technologies and approaches are emerging all the time, and the industry is always looking for ways to become more efficient and cost-effective. So, what trends are shaping the construction industry in 2023?


1. Modular Construction


One of the biggest trends shaping the construction industry in 2023 is modular construction. This is where prefabricated modules are used to create buildings, rather than traditional methods such as brick and mortar.

There are many benefits to modular construction, including reduced construction time, improved safety, and reduced costs. This trend is being driven by the need for more sustainable and efficient construction methods.


2. BIM


BIM (Building Information Modelling) is a technology that is starting to have a big impact on the construction industry. BIM is a digital model of a building that can be used to plan, construct, and manage buildings.

BIM offers a number of benefits, including improved coordination, reduced construction time, and improved quality control. This technology is still in its early stages, but it is expected to have a big impact on the construction industry in the years to come.


3. Green Building


Green building is a term used to describe buildings that are designed to be environmentally friendly. Green buildings are designed to use less energy, water, and other resources and to generate less waste. This seems to be a growing trend in the construction industry, as more and more companies are looking for ways to reduce their impact on the environment.


4. Shrinking Workforce


One of the biggest challenges facing the construction industry is the shrinking workforce. This is due to a variety of factors, including the retirement of baby boomers, the declining number of young people entering the workforce, and the increasing number of people leaving the workforce to pursue other career options. This shortage of workers is making it difficult for construction companies to find qualified workers to fill positions.


5. Prefabrication


Prefabrication is a construction method that involves assembling components of a building in a factory or other controlled environment. This is then followed by the transportation of the prefabricated components to the construction site, where they are assembled into the final building. Prefabrication has been used in construction for many years, but it is becoming increasingly popular as a way to save time and money on construction projects.


6. Remote Worksites


With the advances in technology, construction companies are increasingly using remote worksites to complete projects. This means that construction workers do not have to be physically present at the construction site. Instead, they can work from home, another office, or even another country. This allows construction companies to save money on travel and accommodations, and it also allows them to complete projects in a shorter amount of time.


7. 3D Printing


3D printing is a construction method that is becoming increasingly popular. This technology allows construction companies to create three-dimensional objects from digital files.

These files can be created using a computer-aided design (CAD) program or by scanning an existing object. Once the file is created, it is sent to a 3D printer, which creates the object from the file.

Because of their many practical applications, 3D printers can be used to create various parts and components for construction projects. This allows construction companies to save time and money on construction projects.


8. Big Data


Big data is a term that refers to the large amount of data that is generated by construction companies. This data can be used to improve the efficiency of construction projects. For example, big data can be used to track the progress of construction projects, identify areas where construction companies can improve their performance, and predict future trends in the construction industry.


The Impact of Technology on Construction


Looking at all the items on the list, there's no question that technology has revolutionized the construction industry. The impact of technology on construction is evident in all aspects of the industry, from the way projects are planned and executed to the way construction companies do business.

Construction technology has made it possible to build taller, stronger, and more complex structures than ever before. It has also made construction projects more efficient and cost-effective. Many companies are now utilizing technology to streamline their operations and improve their bottom line. For example, many construction companies are now using drones to survey job sites and collect data. This data can be used to plan projects more accurately, which reduces waste and saves time and money.

Construction technology is also changing the way construction workers do their jobs. For example, construction workers are now using augmented reality glasses to see instructions and information overlaid in their field of view. This allows them to work more safely and efficiently.


Conclusion


The construction industry is constantly evolving. New technologies and methods are always being developed, and construction companies are always looking for ways to improve their efficiency and save money. By using some of the latest construction technologies and methods, construction companies can save time and money, and they can also improve the quality of their projects.

Quick and accurate estimates have always been a staple in the construction industry. However, it's always been a time-consuming task.

Luckily, Bolster has the solution for you. We bring you construction estimation software that's quickly becoming the go-to choice for construction professionals. You can determine the cost to renovate a bathroom or an entire residential remodeling in a few clicks. You never have to worry about inaccurate estimates for any construction project. Book a demo today to discover the many features of Bolster.