The construction and engineering industries play an essential role in the development and growth of any nation. It is an active participant in building the future of the modern world. So, let’s get some insights about what’s trending in the construction and engineering industry in 2019 and predict future prospects.
What’s coming up in 2019?
In 2018, the US has witnessed a 5% growth in the engineering and construction industry, which is likely to accelerate in 2019. The chances of more mergers and possessions are lined up in the year 2019.
2019 also has the following in stores for the construction and engineering industry:
- Focussing on sensing technology and data-analytics for upgrading infrastructure, commercial buildings, and digitally transforming the concept of a smart city have significant opportunities in the future.
- The use of unconventional technologies for the development of smart cities by the construction and engineering enterprises will increase their operational efficiency which will curtail the cost and increases profit margins.
- Use of digital technologies like augmented reality, drones and GPS capturing services will keep engineers well-informed about overall on-site developments and gives a 360-degree view of the project.
In a nutshell, a digital boost in infrastructure and construction industry will prepare the sector for competitions and will set new benchmarks for future growth. Overall in 2019, industries will have an opportunity to innovate new infrastructure developments as with these technologies will help them foresee the growth prospects in the construction business.