Information and Communication Technology Increasing demand of Artificial Intelligence (AI) in Construction to drive market growth


Increasing demand of Artificial Intelligence (AI) in Construction to drive market growth

What is Artificial Intelligence (AI) in Construction?

AI aids in the sorting and organisation of large amounts of data that are required for various construction projects. By improving the flow of labour and the data collection process, AI in construction gives end-to-end solutions to the construction industry. Surveying, mapping, and investigating resources are just a few of the AI-based solutions available, as are synchronisation with automated bricklaying and shipping processes. The growing use of robots, autonomous vehicles, and drones in the construction industry is accelerating the expansion of AI in the construction industry. Organizations are adopting these technologies for surveying, aerial photography, and mapping at construction sites to make construction operations go more smoothly. As a result, there is also a variety of opportunities for AI to flourish in the construction industry.

What can Artificial Intelligence (AI) in Construction benefit the future

Artificial intelligence has benefited the construction industry greatly, particularly in pre-construction phases such as planning and design, by providing increased capabilities for building information modelling and generative design. Furthermore, significant advancements in safety, monitoring, and maintenance systems that employ AI to detect and warn about dangerous conditions are rapidly expanding the role of AI-based technology in the construction industry.

AI is also being utilised to facilitate communication between various building aspects. For example, PlanGrid, a US software company, offers an app that provides real-time updates and synced data to provide architects, designers, and contractors convenient access to project plans.

Construction businesses are also utilising AI's capabilities for design, safety, estimating, and quality assessment, which is helping to accelerate AI's rise in the worldwide construction market.

It's difficult to keep track of processes in large companies and construction sites. Task scheduling and reallocation, as well as other project planning chores, are made easier with AI-powered solutions and services. Ports, dams, bridges, roads, coastal engineering, transportation, waterways, and energy infrastructure are all adopting AI solutions because it helps project managers monitor productivity on the job sites while also giving them a competitive advantage with smart graphical data.

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Artificial Intelligence (AI) in Construction: 38% CAGR

Projected Revenue: 2140 million from 2021 to 2027

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Conclusion: Artificial intelligence is essentially a data-driven technology. Data availability and collection are critical for reliable outcomes, particularly in safety and monitoring applications. The construction industry is experiencing a surge in demand for spatial data and satellite imagery as a result of this. In addition, cameras and drones are used to collect data in low-level indoor monitoring and tracking applications.

Published Date : October-2021