5 Construction Trends to Look for in 2020
Higher Scrutiny in Structural Processes
The obvious target here is to improve the safety of structures following several high-profile failures in the last couple of years. It’s not just the government that’s focusing in, though. Insurance companies are also taking a closer look as they have to balance the premiums paid against the increasing payouts when an injury or death occurs.
Modular Construction Gains Momentum
We love the look of a custom-built hotel or office building, but modular construction has major benefits when it comes to keeping a construction project on time. While modular only makes up a small percentage of construction projects, it may be one area that helps make up the labor shortage.
Mandated Diversity and Equity
If you take on a government contract (and even some private contracts), it’s more likely it will include provisions for a certain percentage of local, minority, disadvantaged, or veteran workers. It can also include items like using women-owned businesses.
Automation Continues to Grow
Automation in the form of robots, self-driving vehicles, and others continues to be a divisive topic. On one hand, there’s a massive skilled labor shortage that it can help plug. On the other, many people hate to see robots doing a job that a human could do.
For now, we’re at an impasse with there being no concrete end in sight for construction needs. However, my crystal ball is foggy and we have no idea how long that will be the case.
Major Construction Firms Scale Back High-Risk Projects
With more labor pool and final cost uncertainty, some major construction firms are being more selective about taking on large construction projects with more unknowns. The desire for fixed project costs and timeframes is simply not realistic and there’s enough other work for those firms that they don’t need to bid on every single job.
What are the construction trends you’re seeing right now? Tell us about them in the comments below!