Advanced Technology Meets Construction
Nearly $10 billion in investment funding has poured into construction-technology firms over the last six years, and investors hope that the implementation of robots, sophisticated safety equipment, and unified communication systems will offset rising materials costs and labor shortages, says an article in JLL Real Views, Construction Sites Get a Tech Upgrade.
Robots are already handling repetitive tasks such as brick-laying, welding and beam construction; however, these changes will not happen overnight. “Technologies can take up to 5-7 years to become commercially viable and 20-25 years for broader market uptake, and we’re still in the very early stages of robotic construction prototyping and testing on the construction site,” according to Dr. Andrea Chegut, Director of the MIT Real Estate Innovation Lab. She sees tremendous potential in robotic form construction after natural disasters where robots may help affected areas rebuild more safely and quickly.