Industrial and Market studies Insight - Emerging Technology in Construction
"Market
Insight - Emerging Technology in Construction"
The Report covers current Market Trends, Worldwide Analysis, Global
Forecast, Review, Share, Size, Growth, Effect.
Description-
Synopsis
The
report provides detailed
market analysis based on a survey of contractors, surveyors,
architects and others involved in the construction industry worldwide
to assess current engagement levels with a number of the newest
technological innovations currently gaining popularity within
construction.
Summary
In
the second quarter of 2016, Timetric surveyed over 100 industry
executives, including contractors, surveyors, civil engineers and
architects, to obtain an understanding of the state engagement with
new technology in construction. The results of the survey reveal a
rejection of the assertion that there is a culture of resistance
towards engaging with new technology, however the majority of
respondents stated that their company is not at the forefront of it's
industry in terms of engaging with new technology. The most commonly
cited barriers were financial and included the assertion that many
new technologies are cost prohibative and that there is a lack of
allocation within company budgets for investment in new technology.
However those who had invested were extremely positive about the
benefits of engaging with new innovations. In terms of the
technologies analysed that had experienced the greatest levels of
current and planned investment, the most popular was mobile
applications followed by 3D modelling and then cloud technology. In
comparison, autonomous vehicles received the lowest level of current
and anticipated investment. Given the number of benefits available
following investment, greater levels of engagement with technological
innovations are expected as their affordability and capability
increases and as they are given higher priority by companies in terms
of investment strategies.
Scope
The
report provides detailed market analysis based on a survey of
contractors, surveyors, architects and others involved in the
construction industry worldwide to assess current engagement levels
with a number of the newest technological innovations currently
gaining popularity within construction.
Reasons
To Buy
Providing
insight into the most popular new innovations within construction
along with an analysis of barriers and potential benefits.
Key
Highlights
The
ever expanding range of new technology available to those working in
the construction industry has created numerous opportunities for
innovation and the implementation of new methods into existing
processes. When questioned on what was preventing high levels of
engagement with new technology respondents stated that a key barrier
related to cost, with 42% of respondents stating that new technology
was cost prohibitive. This was followed by 33% of respondents stating
that there is a lack of financial resources within their budget
allocated for technological innovation. The most common driver of
investment in new technology was to increase productivity and
respondents were widely positive that they had experienced this after
making an investment.
Table
of Contents
1.
Executive Summary
TABLE
OF CONTENTS
LIST
OF FIGURES
LIST
OF TABLES
2.
Key Findings
3.
Technology Engagement
3.1.
Company Engagement
3.2.
Departmental Engagement
4.
Barriers and Benefits
4.1.
Barriers to Engagement
4.2.
Benefits of Engagement
5.
Current and Future Penetration of Key Technologies
5.1.
Augmented Reality
5.2.
Mobile Applications
5.3.
Drones
5.4.
3D Printing
5.5.
3D Modelling
5.6.
Cloud Technology
5.7.
Virtual Engineering
5.8.
The Internet of Things
For
More Information Kindly Contact:
ResearchMoz
Global Pvt. Ltd.
90
State Street,
Albany, NY 12207,
United Stateshttp://www.researchmoz.us,Blog - http://bit.ly/2b1Ayn6 866-997-4948 (Us-Canada Toll Free),
+1-518-621-2074,Email to: sales@researchmoz.us,
Albany, NY 12207,
United Stateshttp://www.researchmoz.us,Blog - http://bit.ly/2b1Ayn6 866-997-4948 (Us-Canada Toll Free),
+1-518-621-2074,Email to: sales@researchmoz.us,
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