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11 Construction Industry Trends for 2022. Construction needs skilled workers as the industry adopts AI, IoT, robots and more. Success in construction requires the highest-quality building materials and methods, faster build speeds, a skilled workforce, and on-site efficiencies that speed up the project and keep workers safe.
The Circular Cars Initiative aims to create a climate-friendly automobility system by minimizing lifecycle emissions, particularly in manufacturing. Its goal is the development of a convenient, affordable, 1.5°C-aligned system by 2030. Discover the benefits of circular economy in the car industry here.
Embodied carbon: construction industry's biggest obstacle to net-zero. According to the United Nations Environment Program, the built environment accounts for 39 percent of gross annual carbon emissions worldwide, a figure comprising both operational carbon, the ongoing carbon emissions from its day-to-day use, and embodied carbon — all the ...
Overall, 2022 was an uneven year for the U.S. construction industry, which had to deal with inflation, high interest rates, supply chain disruptions, rising material costs, and a tight labor market. Even so, U.S. builders are cautiously optimistic for 2023, due in part to their successes in adopting digital strategies during the COVID-19 pandemic.
3D printing offers a potential solution, but can only become truly sustainable if materials and processes are also ecologically sound. Progress will require collaboration between regulators and industry leaders, who should actively engage to ensure numerous standards are updated regarding the use of alternative construction materials.
A new World Economic Forum report highlights cities that are tackling carbon emissions in the construction industry and how to scale these innovative approaches. The built environment is the single largest contributor of CO2 emissions, generating approximately 40% globally, the majority of which comes from urban development.
Petter Matthews. The value of global construction output is expected to increase by $8 trillion to reach $17.5 trillion per annum by 2030. It is difficult to determine precisely the value of losses through corruption, but estimates tend to range between 10 and 30%. The experience of the CoST programme suggests that a similar amount could be ...
For non-residential construction, those savings will be $0.7 trillion to $1.2 trillion (13% to 21%) in the Design & Engineering and Construction phases; and $0.3 trillion to $0.5 trillion (10% to 17%) in the Operations phase. Note that the productivity gains will vary not only across the life-cycle phases but also across the sub-sectors ...
The construction industry is burdened with many legacy practices that must be addressed as the industry pivots to a green building economy. Historically, green building efforts have been geared towards sustainable material choices and building technologies that create efficiency during the operational life of the building, while site-based ...
The construction industry’s decision-makers need to understand the disruptions outlined in the future scenarios as wake-up call, and use the identified key actions as a foundation for companies to prepare and shape a prosperous future which allows them to fulfill their role in promoting economic growth, social progress and environmental ...