The Future Of The Construction Industry, How Emerging Technologies Will Revolutionize The Construction Industry, The Benefits Of Leveraging Robots In

This essay sheds light on the future of the construction industry and explicates how emerging technologies will revolutionize the construction industry. Moreover, the benefits of leveraging robots in the construction industry is elucidated in this essay. Furthermore, how to earn substantial money online so that you can afford to construct your own home is expounded upon in this essay. The future of the construction industry will not only be characterized by dynamism as it continues to metaphorically evolve, but will also be eminently auspicious for construction industry competitors, supply chain members, and customers. Technological advancements are profoundly changing the construction industry and are rendering it all the more technology driven. The construction industry shows no signs of decelerating anytime in the imminent future. Construction industry competitors are poised to have prosperous, lucrative, and auspicious futures as disposable incomes rise among customers and as the desire for more real estate properties builds traction worldwide. Customers are making a more substantial investment into procuring real estate properties. "The global construction industry is expected to record a compound annual growth rate of 9.2% to reach USD 11,093,700,000,000 by 2024. The residential construction industry in value terms increased at a compound annual growth rate of 6.0% during 2015-2019. The commercial building construction market in value terms is expected to record a compound annual growth rate of 10.4% over the forecast period. The infrastructure construction was estimated to be 2.700,000,000 in 2019, posting a compound annual growth rate of 4.7% during review period". As the global population grows to an unprecedented size, the demand for real estate properties will rise to an unprecedented height. The construction industry will continue to robustly grow in the coming years as the need for upgrading existing infrastructure becomes all the more of a pressing need. Moreover, the construction industry will continue to robustly grow in the pending future as the need to rapidly construct more real estate properties becomes all the more incumbent. The world population is slated to grow to an unprecedented size in the coming decades. "The current world population of 7.6 billion is expected to reach 8.6 billion in 2030, 9.8 billion in 2050 and 11.2 billion in 2100, according to a new United Nations report. With roughly 83,000,000 people being added to the world's population every year, the upward trend in population size is expected to continue, even assuming that fertility levels will continue to decline" . More real estate properties will need be constructed in the pending future in order to house the rapidly growing human population. In the coming years, more environmentally friendly materials will be utilized by the construction industry for construction projects. By utilizing more environmentally friendly, construction industry workers can reduce their carbon footprint. As per flooring, "Bamboo, Cork, and salvaged wood planks are sustainable options for flooring. Linoleum, recycled rubber, and recycled tiles" are able to "offer a unique aesthetic with a reduced carbon footprint as well. As per paints, Paints that have either zero Volatile Organic Compounds or low-Volatile Organic Compounds can be utilized in lieu of paints that are tainted with ample Volatile Organic Compounds. Natural, organic paints and non-toxic stains and sealers also provide a more environmentally friendly way to add color to a room. As per walls, recycled content drywall can go a long way to reduce waste. Drywall containing up to 80% recycled materials can be found. When it comes to framing, lumber with an Forest Stewardship Council certification can be deemed environmentally friendly materials. As per countertops, recycled glass or paper composite slabs for countertop finishing".