In the wake of challenges facing the construction industry — such as labor shortages and rising costs — new trends are emerging to overcome hurdles. The processes for scheduling, hiring workers and ordering materials have all changed in recent years. As a business owner or contractor, keeping up with the trends in the construction industry is essential to stay competitive and leverage the latest innovations.
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These emerging construction industry trends have the power to transform the industry.
As municipalities across the country place regulations on gas-powered equipment, the construction industry is shifting toward the use of electric-powered equipment. Construction businesses and contractors may have already noticed the push for the electrification of compact excavators, compact loaders and skid steers. Additionally, the United States is committed to reducing carbon emissions, which is also expected to spur the electrification of the construction equipment market.
The U.S. economy has recently been affected by record inflation, supply chain issues and fewer workers. The construction industry has been impacted by the shortage of skilled labor, along with experienced workers retiring. Construction businesses are now seeking innovative ways to attract younger workers and implement technology that can help replace experienced workers who are leaving the industry. Some companies are implementing solutions that can allow a worker to operate heavy equipment remotely.
Green buildings are another emerging construction industry trend. Designers and builders are seeking to develop eco-friendly structures, from greater energy efficiency to the use of non-toxic materials. Green buildings can reduce greenhouse gas emissions, energy consumption and water use. Contractors should also use sustainable materials and tools, such as cork, bamboo and wool carpeting. Sustainable materials can both benefit the environment and improve the occupants' quality of life, as they usually don't contain pollutants and harmful chemicals.
New building materials are being developed and proving to be more effective and durable than traditional materials. Additionally, these materials are becoming more affordable, making them a viable option for many contractors. For example, graphene is an advanced building material with many useful properties. This material is transparent, thin and made from carbon. It's stronger than steel and can be used for durable, lightweight coatings for buildings. Graphene can improve a building's energy efficiency and protect it from wear and tear and weather damage.
The use of autonomous machinery is increasing and helping to eliminate laborious, repetitive and dangerous work. Examples of autonomous machinery include robotic rebar tying and automatic grade control. Some machines may be operator assisted or fully autonomous with no need for an operator. Autonomous machinery can help operators in the construction industry become more productive, energy-efficient and fuel-efficient.
Prefabricated construction is currently experiencing a resurgence in popularity. Rather than construction taking place onsite, the building elements of a prefabricated structure are manufactured at a different location before they are delivered to and assembled at the construction site. Prefabricated construction is likely becoming more popular due to the advantages it offers, such as:
Contractors are renting more equipment due to supply chain issues and rising interest rates. Construction businesses are taking precautions as a result of rising material prices and a lack of skilled workers, which is why construction business owners are choosing to rent their equipment to increase their margins. Renting may be the right option for you if:
The following are some examples of the latest technology in the construction industry:
At The Cat® Rental Store, we understand the current trends in the construction industry, including the increase in rental equipment use. Each of our machines is maintained meticulously, checked thoroughly and equipped with the newest technology. With our rental equipment, you can keep your operations efficient. Whether you operate in general construction, heavy construction, road construction or home construction, we have the equipment you need. Additionally, you can take advantage of our operating training and onsite support.
If you need guidance on the right solutions for your project, turn to our team of trained experts who can help you select and troubleshoot the equipment you need. Request a quick quote, or browse our equipment rentals from The Cat Rental Store today.Find The Cat Rental Store Near You