To the outside observer, the residential construction industry may look somewhat stale and even outside the loop. But, it takes only a bit closer look to see how these assessments are wrong. First, the digital tide is sweeping across the construction sector as well, and the companies that want to stay competitive need to learn a couple of new tricks along the way. Last year, the investment in construction technology reached a record level of $4.5 billion.
On the other hand, the construction demands are also undergoing comprehensive transformation while smart homes gradually become an industry-standard rather than a novelty.
All these forces are rapidly pushing residential construction in a new and exciting direction. Let us then take a quick look at some of the most important enveloping trends you should keep an eye on.
The rise of green construction technologies
According to recent research building operations now account for 40% of energy-related CO2 emissions. It shouldn’t come off as a surprise that residential construction is trying to make big steps in the eco-friendly direction. As time goes by, we will see a growing number of sustainable worksite assets like eco-friendly construction materials and waste management tools. At the same time, residential properties expect to meet certain sustainability standards to be commercially viable. These two tendencies are mutually dependent and they will keep encouraging each other in many years to follow.
Smart homes adding up to smart communities
As we briefly mentioned, smart homes no longer seen as a novelty but rather something we can call an industry standard. The full potential of properties run by sensors and managed by AI is not yet reached. The more farsighted companies have long since started developing the connected communities where data provided by each household contributes to the entire community. The shared resources can include anything ranging from communal energy sources to commute services – keeping them under the supervision of the shared infrastructure leads to greater optimization, higher efficiency, and lower costs.
Automated workflow management
The construction of one building consists of dozens upon dozens of connected and mutually dependent processes that, as time went by, were exposed to various degrees of digitalization and, as a result, became more efficient. These days, though, we are finally seeing construction workflow automation services becoming commercially viable and increasingly accessible in lower industry segments. Now, when construction companies of all scales and sizes are able to wrap their internal processes in unified and AI-powered infrastructure the entire industry should be able to reach a new level of efficiency.
Wearable tech dominating the construction sites
Ever since it was first ushered into the business world, it was clear that the Internet of Things would make a perfect match for the residential construction sector. Now, the wearable worksite tech is finally living up to the promise of effectively using the rich pools of project data and allowing real-time collaboration. The valuable information usually present in the form of Augmented Reality and often delivered by tools like XOEye technology and Microsoft’s HoloLens. What’s even better, these gadgets are also able to send critical information like worker location contributing to the efficiency of the overall workflow.
Market-wide tech integration
A high level of tech integration always as one of the eco-friendly features usually reserve for the modern luxury housing sector. However, increased efficiency of the construction process coupled with more accessible smart tech allows for a greater level of tech integration even in the affordable market segments. Even though the final reach of this development may remain limited for the time being, lower amenities like smart lighting, heating, and cooling, as well as remote control of the critical household systems are capable of cutting the total energy consumption of affordable residential homes by 30-40%.
Printing the homes from the scratch
Last but not least we have to mention the 3D printing tech that has, for years now, been a common staple of the lists like this. The reason why anyone still considers it a breakout trend is because 3D printing constantly manages to crawl its way into new corners of the construction industry. Being deemed too unsustainable for the residential sector, 3D printing, gaining a much greater mainstream prominence and is now ushered as the future of the residential construction industry. One of the best examples of this trend can be found in the Italian village of Shamballa which has virtually been printed from scratch.
We hope these few trend examples give you a general idea about the direction of the residential construction industry. Will be heading until the end of 2022 and the following years. As we can see, smart tech is growing in relevance as the driving force. and one of the main goals of this critical sector. The companies that want to stay relevant and keep pace with the rest of the construction. The industry will need to take these cues very seriously and start raising its smart game – the sooner the better.