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Building

The global building industry is evolving rapidly with new developments and trends. Once considered the least productive industry is now advancing towards efficiency through digitalization, automation, advanced construction materials etc.

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Building

Building

The global building industry is evolving rapidly with new developments and trends. Once considered the least productive industry is now advancing towards efficiency through digitalization, automation, advanced construction materials etc. In the technological front, Drones, 3D printing, GPS tracker, robots etc. are also some tools that are being used in various capacities within this industry.

The key growth drivers of this market are rising infrastructure and increasing housing needs due to increasing population and growing urbanization. Emerging trends that have a direct implication on the dynamics of the industry include increasing demands for ‘green construction’ in an effort to reduce the carbon footprint, bridging lock-up device systems for enhancing structural life, having information systems for more efficient building management and using newer products for rehabilitation of aging structures.

Technological advancement is converging the building industry with many other industries, resulting in efficiency and synergy. Triton Market Research has analyzed some structural changes across the industry from the project design to the end of project life stage. The report also includes government spending on infrastructure and its rising trends across various nations.

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